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Business Home Business 7 Things to Look for When Choosing an MLM or Network Mkg. Company
| 7 Things to Look for When Choosing an MLM or Network Mkg. Company |
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| Written by Jan Shimano |
| Monday, 09 March 2009 08:19 |
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I know you are anxious to find out what these seven things are, so lets get right to the information. UNIQUE PRODUCTS - There is absolutely no point in marketing a product that only a small percentage of the people are going to be interested in. You want to find a product that is going to appeal to the masses. Also, look for a product that has very little competition and is on the cutting edge. You want to make sure that the product cannot be copied, so it should be patented. SUPPORT NETWORK - Check out the training program that the Company provides. As a new person, you want all the guidance you can get. There should be no cost to you for this training and it should prepare you well for being a success in your chosen business. The Company should also keep you well informed of any changes in the marketplace so that you can make the necessary adjustments quickly. SOLID MARKETING SYSTEM - Most MLM and network marketing companies are not known for having great marketing systems. The burden usually falls upon the sponsor. If you were fortunate enough to be signed up by a successful and knowledgeable person, who is willing and able to teach you his methods, then you are one of the lucky ones. However, if you happen to have a sponsor who is one of the top earners in the Company, you might feel a little intimidated, thinking that you do not have what it takes to be just like him. What you really need is a Company that provides a marketing system that runs on automatic pilot. QUALITY AND SOLID COMPANY MANAGEMENT - Make sure you check out the founders of the Company and all the people they have hired in executive positions. Are these people highly qualified in their field? What are the Company plans for the future? What is their vision statement? GLOBAL REACH - These days business is conducted on a worldwide scale on the internet. Can the Company's product line be expanded into other countries? Just because they could logistically expand, does not mean that the product would be viable in those countries. You want to search for a Company that has a product that not only appeals internationally but that will prove to be successful regardless of where the people live. COMPENSATION PLAN & INCENTIVES - Many people are so enthralled with the product that they neglect enquiring about the compensation plan. This can end up being a rather costly mistake. For example, say your goal was to eventually make $6,000 a month. One company might require you to have 400 people on your team to accomplish this. However, another companys requirement might be 600 people. This is important information, especially if the products are very similar in quality for both companies. Your decision making is made much easier when you know these facts. COMPANY PHILOSOPHY - DO THEY GIVE BACK TO THE COMMUNITY - Is there a philanthropic side to this Company? Are they involved in various programs that help the less fortunate? If they are not, then they are probably not going to be very giving when it comes to their dealings with their own people. Robert Kiyosaki, Paul Zane Pilzer, Donald Trump and other financial experts, have stated that there are going to be more millionaires created in the next ten years, than at any other time in history. If it's your goal to be one of these new millionaires, then you owe it to yourself to do the necessary research when choosing an MLM or network marketing company. Do this and you will be well on your way to success. About the Author: Jan Shimano was District Manager for Health & Welfare Canada for many years. She was also self-employed as a Nutritional Consultant. She is currently a Business and Health Coach and operates her own internet marketing company from her home on Vancouver Island. Jan invites you to visit her website to see the Company she wisely chose after she studied these 7 important areas. Kindly provided by MoneyHunter.org You are welcome to use this article on your own website, if you include the link just before this text. |
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