Is MLM doable using Internet Marketing? Any comments? I was using this method but don't really see any result.
Very doable... A new MLM type of company is probably poping up on the net every minute do to the expanse of the internet. For this reason as well depending on the MLM companies product, service, and compansation plan is what also makes this market the most competive. While in the mix of all this then you have some really good companies and really bad scam type of companies. Now to make MLM work with IM, is just like everything else when it come to IM. You have to have an independent website, good content, develope good backling, and multiple other offline and online medias to promote it.
Just a word of caution: Any MLM program that requires you to buy some type of starter kit or license? Stay away. Online, there are millions of opportunities to make money without needing to cough up any starting capital and there is no shortage of products/programs you can promote for free (including some multi-tier ones). I'm just mentioning this because a lot of MLM companies basically make all their money from "suckers" who sign up to be sales reps and then occasionally getting other "suckers" to sign up under them, etc. The sales rep usually has the shortest end of the stick in this scenario.
Agree with Shane. Also, stay away from any MLM deal that focuses more on recruiting members than it does on selling a tangible product/service. Those are pyramid schemes, and they are illegal in most areas.