These are the good criteria and checkpoints to select network marketing, select a good MLM company and what kind
of a good MLM company to work for to be successful in network marketing.
It seems almost everyone is jumping on the network marketing gang bandwagon due to the success of a few
Major players like Amway, Mary Kay Cosmetics, Herbalife, Fuller Brush, Watkins and many lesser known ones
companies. Regardless of whether you’re a big-name player or a new kid on the block, there are a few things you need to know, so let’s get to it.
Ok, now let’s take a closer look at the goose that lays the golden eggs to see if it really can lay the golden eggs that everyone promises. LINE.
REALITY CHECK
In a typical network marketing plan, for YOU to earn higher commissions (the vast majority of people who join rarely break even, let alone earn commissions on all the monthly fees you pay), you must
recruit other people into the program. Whoever you sign up becomes part of your DOWNLINE and stays one level below you.
Whether you think you’re “good enough” or just want to get your feet wet to see for yourself, the first thing you need to do is decide if that great-sounding offer you’re thinking of is actually true MLM. plan with an actual product to sell, or just a dirty little scheme trying to sell you “quick bucks” by simply selling the program to others. It’s pretty easy to spot a fake. Here are some quick tests that should help you decide. If the MLM offering you’re considering can’t credibly answer these crucial questions, tell the promoter to take a hike!
1. Does the sales literature contain a detailed description of your products or services, or just countless references to how easily and quickly you can make money with little work or commitment?
Watch out! If products or services are only mentioned as an afterthought, if they are mentioned at all, you’re asking for trouble. The program is probably designed only to promote dealerships, sponsorships, distributors, or whatever term is used. Everything is done with smoke and mirrors. There is no substance. How can it work? Sooner or later it will fail!
2. Does the MLM offer products or services that the public needs and wants?
This is kind of a trick question. Think about it. Is there really demand for what you are going to offer? Good luck if you’re stuck with something that doesn’t generate repeat business. It’s the lifeblood needed to generate the commissions you got into the plan for in the first place!
3. Can similar products be found in retail stores or through mail order for about the same price?
Your commissions and bonuses, if any, are based on sponsoring people who can fulfill orders. When you have a good product, that’s what makes money for you. Even if you have a good product, if it can be purchased through the usual retail channels, ask yourself why people will buy from you.
4. Can you generate repeat sales?
If the company has a reputation for quality products, you should be able to generate repeat business, build and maintain your downline. That is what is needed for any successful MLM Plan.
DID I DECIDE THAT THE MLM PLAN YOU ARE THINKING ABOUT IS RIGHT? HERE IS WHAT YOU NEED TO SUCCEED!
1. A quality product or service.
2. A successful attitude. You must Live, Think, Talk, Dream Successfully. All day. Every day. Without exceptions. To sell. To sell. To sell.
3 Believe in yourself and in the company you work for.
4 Have a realistic goal. Don’t aim too high, but you have to motivate yourself.
5. Discipline. You will never be successful if you only work on it when you feel like it! Go back and read article #2 again!
6. Find potential customers. If you don’t know how, you’ll never get past first base!
7. You must like people. It’s hard to be a good salesperson if you don’t; and that’s what you have to be. A good seller!
8 Close the sale. You can have the best product, an enthusiastic customer with money to spend, but if you can’t order and get that order, the best sales presentation in the world won’t do you any good! To be successful in MLM you have to be a really good salesperson!
9. You need repeat sales. More repeat sales and even more repeat sales.
10. Recruit new dealers and gold dealers.
A FEW WORDS ABOUT MLM PROJECTIONS AND MONEY BACK GUARANTEES
One of the best ways to spot a potential fraudster is the promise of a hefty “guarantee” if at least not
earn $100,000 or some other arbitrary high figure with your program in your first year. Honest companies can’t make such an offer, or they’re not telling you the whole story!
Read the fine print. To collect the guarantee you probably have to meet some small requirements. How to pay a year’s worth of monthly fee, Provide proof that you distributed 25,000 brochures, or have at least 10 people in your downline.
SOME OTHER THINGS TO LOOK FOR…
– A company with a proven track record in the business for several years. MLM companies have a strange habit of folding their store with little or no warning! Don’t get stuck holding the bag!
– Various product lines. DO NOT sell door to door. That is a big hurdle. If the product can be sold through a simple ad or catalog, it wears out much less and wears out more slowly.
– Small initial investment. Don’t spend a lot of money buying sample kits etc.
– Proven earnings potential. Talk to several successful members who are already doing the show.
NETWORK MARKETING PLANS AND THE PYRAMIDS IN EGYPT
It really is the best illustration to visualize what is required if a Network Marketing Plan is going to make YOU the promised money. Pyramids built centuries ago in the faraway desert sands of the Middle East have layer upon layer of huge blocks stacked on top of each other to support the enormous weight of the immense structures.
Unlike the Egyptian pyramids that are already “topped off”, a successful MLM program must continue to grow. Not from above, but from below adding a bigger and bigger base to pay commissions to more and more people. If you can’t continue to recruit new people to join the plan to help support the growing structure, you’re simply running in place while paying monthly fees for the privilege of trying! It’s like lifting the entire pyramid and adding a new course of blocks.
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