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Fortune Hi-Tech Marketing
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Fortune Hi-Tech Marketing : ウィキペディア英語版
Fortune Hi-Tech Marketing

Fortune Hi-Tech Marketing (FHTM) was a Lexington, Kentucky based company which used multi-level marketing to sell consumer goods and services. The company was founded in January 2001. In January 2013, the Federal Trade Commission (FTC) and regulators for three states shut down FHTM for being a pyramid scheme.
==Business model==

Fortune Hi-Tech Marketing used multi-level marketing to recruit representatives to sell a range of retail services and products. Sign up fees ranged from $99 to $299. Representatives were paid a commission on products sold, as well as a bonus for recruiting more representatives.〔 FHTM sold relatively low-profit margin products, and paid a commission of between 0.25% and 1% on products sold, which is extremely low compared to other multi-level marketing companies.〔
Examples of items sold included mobile-phone services (offered through Simplexity), Dish Network television (as a third party contractor), a line of hair-care products, and others.〔
In its marketing materials, the company emphasized its ties to well-know brands, such as AT&T, Dish Network, and Sprint, although the company's ties were often through intermediaries, and the companies were not made aware that FHTM was using their names in such a way.
In 2010 FHTM reported that about 95% of representatives made less than $3,100 a year, with 29% making nothing.

抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)
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