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Selecting The Most Appropriate MLM Could Be A Dilemma For Long Term Success Within This Industry.
It is funny how your view of what is an excellent company changes overtime. I could not provide the name of my very first company but figuring out what I know today, I do not view that opportunity as a great project anymore. Overtime, I have prepared the following list of criteria and I thought I need to share it with you.
1. Good services or products (could be a health and wellbeing product) but really should be clinically proven. I do not need to be dependent on testimonials that could be disputed.
2. Unique products would be required. A lot of MLM companies advertise similar products and since one of the best target markets for individuals to join your team is other current MLMers, uniqueness is essential.
3. Affordable per unit price tag! Let's face it, the reason so many companies carry a high turnover is the fact that a lot of Multilevel marketing companies charge a crazy price for their vitamins, supplements, fruit juices, or whatever. A person can go on the net or to any nearby supermarket and get exactly the same product for one half the cost. The price is so huge that unless someone is making money with their venture they give up acquiring the high priced product.
4. International scope and master plan. The company should be in your home country so you may do offline promotions as well as on the net, but global business will help you to become successful, especially as a result of the internet. These days you can recruit people all over the planet.
5. Not too old. A maximum of two years old yet the newer the better. The fact is a lot of big earners in a company are the ones who begin early on. Yes, it is possible to build wealth even if you join Amway or Mandura now but it is harder.
6. The network marketing organization has to pay out no less than 50% of income in commissions. We have to be reward well for our efforts and 50% happens to be an industry standard.
7. A monthly running expense of around $100 or lower. This is very important since many individuals in your down-line will only be customers not business builders.
8. No limitation on distributors engaging in other MLMs. I agree to have good results focus and alertness is important but the company has no the right to tell us we cannot do alternative businesses as long as these businesses will not be in competition with each other.
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