A high Lyoness distributor, who claims to have over 2 million members below him, has admitted “specializing in purchasing is a mistake”.
Daniel Gergics is a Hungarian Lyoness distributor. In 2014 the corporate welcomes Gergics to its elite “Presidents Membership”.
In response to Gergics, his Lyoness profession has netted him over £1 million GBP.
An undated video not too long ago got here throughout my desk, that includes Gergics apparently addressing his Lyoness staff.
Within the edited lower of the video, Gergics identifies Lyoness distributors specializing in purchasing as a mistake.
One mistake I’ve not too long ago observed at one in every of my groups, which is a part of this group as effectively, (is) that they’ve been pushing an excessive amount of the purchasing half and the saving cash half (of Lyoness).
Our enterprise, if we discuss in regards to the enterprise, will not be about saving cash, it’s about earning profits.
And in the event you strategy folks with telling them, “Oh it can save you just a few quid and some {dollars} over there and over right here”, persons are postpone they usually’re not .
Lyoness’ MLM enterprise mannequin sees the corporate cover an funding scheme behind cashback purchasing.
As with all Ponzi schemes, Lyoness requires a continuing stream of recent funding to outlive.
Cashback financial savings is meant to be a foot within the door advertising tactic to lure new traders in.
If these consumers don’t convert to traders although, it’s a waste of time – which with out instantly acknowledging the funding facet of the enterprise, is what Gergics is getting at.
That the purchasing facet of Lyoness being irrelevant being brazenly admitted by a high distributor in firm is shocking, however not unprecedented.
BehindMLM first tracked Lyoness founder and CEO Herbert Freidl dismissing purchasing again in 2013.
Our final replace in early 2018 revealed nothing a lot had modified.
In his video, Gergics goes on to instruct his staff to keep away from utilizing Lyoness’ firm title of their advertising efforts.
One other factor, what I discovered within the final… since January I might say, I modified the title of those occasions from Lyconet days to President Freedom day.
Why did I do this?
As a result of I created this model President Freedom … as a result of this model has no status in any respect.
Which is an effective factor. So no unhealthy information on (the) web.
However in the event you inform one in every of your mates that, “Come alongside, that is referred to as Lyconet day”, and the particular person simply Googles it and even earlier than the assembly he Googles it, and uh he doesn’t come to the occasion, he cancels the occasion as a result of he simply believes the shit (that) is put up on Google.
We’re not precisely certain what “shit” Gergics is referring to. But when he’s referring to current occasions, we’d most likely need to go together with Italy banning the funding facet of Lyoness and fining the corporate 3.2 million EUR.
However even then, and also you’re free to confirm this your self, a Google search of Lyconet seems to be fairly effectively scrubbed so far as we will see.
The primary few pages for a “Lyconet” search reveal largely advertising materials and knowledge from the corporate itself.
Our lower than flattering Lyconet evaluation is on web page one, however absolutely a factual breakdown of Lyoness’ fraudulent enterprise mannequin isn’t what Gergics is referencing?
In any occasion even when it was, relatively than deal with any issues potential marks may need about Lyoness’ fraudulent enterprise mannequin, Gergics advises a extra misleading route.
But when we name it President Freedom day, which provides you a device, provides you a chance to reside a unique life, folks don’t know what that is precisely about.
To sum up how one celebrated high Lyoness distributor is working his enterprise, don’t waste your time selling purchasing and deceive folks into rocking as much as your occasions.
Following the collapse of Lyoness in Italy, current advertising movies counsel Gergics is now concentrating on India.
On one in every of his President Freedom social media accounts, Gergics claims to have “helped 1,000s of individuals”.