How To Choose A Good Network Marketing Company
Most of us have at one time or another been introduced to network marketing by friends, family, or even complete strangers. And they always make it sound so easy. We are told that all it takes is a few e-mails or a phone call or two, then it’s afternoons lounging on some tropical beach in the sun.
Of course, anyone who has joined a network marketing opportunity knows it isn't quite that easy. But this doesn't necessarily mean that network marketing is a scam either. There are thousands of people who are enjoying a massive income every month from work they only had to do once. But how do you choose a good network marketing company?
Product
The first and most important thing to look out for is to make sure the opportunity your interested in is a legitimate one and not a pyramid scheme. And the best way to do this is by looking at the company’s product. A pyramid scheme will usually have a product of little or no value that is used mainly for the recruitment of others. Ask yourself if it is something that you can use and sell outside of the program?
Would you buy and use the company’s product even if you were not involved in the income opportunity? If the product is only useful in recruiting others into the program than you should probably stay away from it. And do you truly believe in the product? No, not because your sponsor tells you how great it is, but do YOU really believe that the company’s product is worth buying?
Investment
We have been told most of our lives that you get what you pay for. While this may be true with a lot of other things, it is not necessarily so with network marketing. It is easy to believe that because an income opportunity is low cost it must not work, and if it is expensive than it must make you money. This is not true, in fact it is quite the opposite.
The more expensive an opportunity is, the harder it is going to be to get people involved. And the harder you are going to kick yourself in the backside if it ends up not working for you. There are plenty of lucrative opportunities that cost between forty and two hundred pounds.
Compensation
How much money you will actually make from each sale is a huge factor in determining your financial success. Make sure that the company is giving you a reasonable commission. If you only get a few pounds from every sale you make, this is most likely not going to be very profitable for you.
Try to avoid programs that force you to go wide on your first level, or who don't reward you for going deep. The average network marketer only recruits two to four people, so you will want an opportunity that allows your team to go deep, which will make it easier for everyone and may stop some people from quitting the program.
Many companies also offer incentives such as fast start bonuses which can really jumpstart your income. There are many opportunities that have excellent bonuses so there is really no need to join one that does not.
The Company
It is always good to know who you are dealing with. Do some research on the company and the program your thinking about getting involved with. Are there any complaints or lawsuits against them?
You don't want to get involved with a company too early or too late. Make sure they have been in business long enough to establish that they are trustworthy but at the same time you don't want to get involved so late that the market has already become saturated, I usually use the ten year rule, and will not look at a company any younger.
Training
The success of your network marketing business depends greatly on your ability to keep your team members active and to train them to recruit and keep their team active as well. Duplication is the key to success with network marketing. The program should have great marketing tools, training, and excellent customer support. Some opportunities even have a members only forum which is a huge plus.Summary
In network marketing as in life, you are looking for something useful, that is tried and tested and has the ability to be around in the long term.