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You've seen the infomercials with Tom Bosley hawking SMC and of course all the satisfied SMC customers claiming 5 and 6 figure incomes from selling these products. What's the truth? It's really a brilliantly contrived business model, but one that only makes a profit for SMC and not for you. Here's the way it works. You join SMC and pay around $100 to get their information and start up packet. (Now they've just netted $100 even if you don't sell a thing!) Next is the merchandise. They import cheap merchandise that they buy in huge quantitied at a very low price. Then they sell that merchandise to you at full retail (claiming it's wholesale) and then you have to sell this items at ridiculously inflated prices to make a profit. Guess what? SMC has already made their money by selling to you at FULL RETAIL! They don't care if you sell anything or not. For example, you'll pay $2.00 each (SMC wholesale!) for a little wooden stick incense burner that anyone can buy at a flea market for $1.00, what a bargain! What are you going to charge for it? One of the most laughable products I ever saw in an SMC catalog was a set of (3) Samurai swords and a display stand. I'm a sword collector and I happen to know that this particular junk set (made in Taiwan) retails on the internet for around $59.00. SMC was selling this same set to it's customers at a wholesale price of $149.00!! SMC's entire business model is predicated on the assumption that you're gullible and will believe whatever they tell you to be true. Even with all this, I have to mention their shipping costs that can range from 25-35% of the total order price! People just will NOT pay that. SMC?? No way, look elsewhere for a home business! |
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