Big news this week. The FTC's going after the
companies
behind the ab gizmos. You know the ones - develop
six-pack
abs in 6 weeks without doing a single situp. All
you do is
strap on this belt gizmo and it sends hundreds
of electrical
charges to the abdominal muscles causing them
to contract.
Voila! All the benefits of hundreds of crunches
without any
effort.
The
FTC's claiming millions of dollars from these
companies.
This is just to disgorge the money these companies
received
from customers.
Why?
The ab gizmos don't work. It's all a big fat
lie.
Well
... duh.
So
why, then, have these companies made hundreds
of
millions of dollars?
Because
there are an awful lot of people who want something
for nothing. They don't want to have to wait,
they don't want
to have to expend effort. They desperately want
to believe it's
possible to get something now and without working
for it.
So,
they'll fork over $99 in 3 easy instalments
for a gizmo that
will give them rock-hard abs in six weeks while
in the meantime
they sit around the pool doing nothing but sipping
Margueritas.
No matter that it won't work. Hope is alive
and well and that's
what they've paid for.
And
that's what these marketers are selling, after
all. They're
not selling an ab gizmo. They KNOW they don't
work. But that's
OK because what they're selling is hope. The
hope that maybe,
with this doodad, you won't have to get in shape
the way all
those other poor schleps have to. You won't
have to go on a
diet to lose fat and exercise to build muscle.
Nosiree, not you.
We're going to give YOU a magic wand!
Sound
familiar? What was in your inbox this morning
after
you finally downloaded all your mail? How many
emails did
you receive telling you that you can make $3,000
a week
doing nothing? Or you can earn a full-time income
with part-
time work? Or, how about this, "We'll do
all the work!"?
(After you pay us $60 for your place in the
matrix, that is.)
Or
maybe you've written ads like these yourself.
Smart
marketer that you are, you know that the best
way to sell
your product is to market it as something that
will take away
pain. You know that for your target market,
working in a
J.O.B. (just over broke) day after day is painful.
You offer
a way to escape that pain.
But
take a closer look at your ad. If you're pushing
a
matrix program, you know, deep down where it
counts,
that you probably got in too late yourself and
anyone who
comes in under you is even further down the
pyramid (er,
matrix). You're not only engaging in an illegal
activity
- a pyramid scheme (and no, sticking a matrix
label on it
doesn't change what it is) - if you're advertising
it as a
way for someone to invest $30 and take away
$30,000
in 30 days (or ANY time period for that matter),
you're
doing exactly the same thing as the ab gizmo
companies.
You're selling snake oil. Think the FTC won't
come after
you? Think again.
Or
maybe you're not promoting a pyramid scheme.
Maybe
you're promoting a legitimate network marketing
program.
I'm all in favor of network marketing as a business
model.
I'm involved in one myself. But I don't go telling
people
they can get rich overnight just by slapping
up a website
and spending a couple of hours a week sending
email. I
tell people it takes a five year commitment,
and long, hard
hours. Think that loses me sign-ups? You bet.
But
I don't want get rich quick types in my organization.
Nor do I want those who are not prepared to
invest any
time or money in their businesses. This is NOT
a free ride.
There ARE no free rides and I don't want passengers.
I want
drivers. I want people who are prepared to invest
in their
businesses and their futures. Because that's
what it takes to
make a success of any business. An investment
of time, an
investment of money and an investment of directed
effort.
Or
maybe you're not promoting a network marketing
program OR a pyramid scheme. Maybe you're promoting
a
great new book you've written (or someone else
has
written) about how to generate bucketloads of
cash running
an Internet business. Have YOU generated bucketloads
of
cash from this book? Then don't sell others
the hope that
they can either.
You
may think those people who spent hundreds of
millions
of dollars on a gizmo that was never going to
work got what
they deserved by looking for a free ride. And
maybe they
did. I don't have any sympathy for them. But
that doesn't
let the companies who conned them off the hook.
They
exploited weakness in others for their own pecuniary
gain and
they did it dishonestly.
The
FTC will make them pay for their deceptive and
misleading
advertising. And it can do the same to you,
too.
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