Choosing the Right Network Marketing Opportunity
Choosing the Right Network Marketing Opportunity
Copyright © Cheree Miller
http://www.WealthBuildersSite.com
While you can be successful at just about any Network Marketing opportunity, not all business opportunities are created equal. So, before you sign up, make sure you take the time to investigate the opportunity to make sure it will make you money instead of just lining someone else's pockets with yours.
Here are a few things to keep in mind:
Is the timing right?
Bobby socks and poodle skirts were so cool in the 50's. Kaftans, love beads and peace symbols were popular in the 60's. Pet rocks, mood rings and custom vans were all the rage in the 70's. Pac man, parachute pants and mullets were so hot in the 80's. I could go on, but I am sure you get my drift. Make sure there is a market for your product line. If there is a way to integrate the internet with your product, all the better, because internet growth doesn't show any sign of stopping.
Know the company
Look for a company that is well-established and has been around for a while. Now, that doesn't mean it needs to have been around for several decades. In fact, that can actually be a strike against a company. After all, the longer it's been around, the more people who have already been approached by someone about joining. But, beware, getting in on the proverbial "ground floor" of an opportunity could mean you'll spend a few months working your tail off only to have the parent company pull the rug out from under you when it closes its doors. Check with the Better Business Bureau to see if there are any unresolved issues with this company. Just as a word of caution, just about any business out there will have negative press on the internet. Be aware that anyone can start a website and publish their point of view, but that doesn't necessarily make it true. So, be sure you are making a decision based on facts, or at least on reliable sources, not just John Doe who has a bone to pick with ABC MLM Company because he didn't get rich quick. Ask to speak with other representatives about the opportunity to gain other viewpoints.
Know your products
If you are going to promote your products with any kind of sincerity and authority, you need to use them yourself. If you are trying to sell me on your business, I will want to know how long you have been in it, how you run it, and how successful you are. I don't care about what your upline has told you about her success, I want to know about yours. If you are selling nutritional products, I will want to know what you are personally taking, and the difference it has made in the way you look and feel. I don't want to just read the company sales pitch on the product.
Know your sponsor
This may not apply if you are joining an on-line opportunity. But, if someone tries to get you into a business opportunity and you know this person is a little shady, or that this person does the bare minimum in order to get by, it's probably in your best interest to sign up under someone else. Remember, your sponsor is the one who will be primarily responsible for supporting you. You can go above that person to someone else in your upline, but if you have a choice -- and you really like this particular opportunity -- try to find another person who will sponsor you and really work with you to help you develop your business. If you stumbled on a great opportunity on line, it's likely that your IP and email addresses have been branded with your sponsor's information already, and you will automatically be placed in his downline.
Know what support is offered
Let's face it; some companies are better than others when it comes to providing training and support. I have known of traditional network marketing companies that make it difficult to talk to a live person and get any help at all without buying a pack of brochures, or a book, or a CD or DVD. On the other hand, I am involved with a couple of internet businesses in which I have never spoken to a live person yet, but the email and on line support is terrific and doesn't cost me a dime. That may not work for you. You may need a flesh and blood person in front of you or on the other end of the phone. Ask to speak to other new recruits and see how they feel about the level of support they are receiving. Make sure you know what you will get before you sign up.
Know the compensation plan
Most are similar, but again, some plans are better than others. Do you get a straight commission on every dollar you sell, or is there a point system? I have never seen a point system that wasn't considerably less than the dollar value. Do you have to sell a certain amount of product every month in order to qualify for your downline commissions? Do you have to purchase a certain amount of product for personal use every month? Do you have to directly sponsor a certain number people? Do you have to purchase other materials (sales/promotion materials, etc.)?
If, after all of your research, you are still excited about the opportunity, by all means, sign up for it! If not, keep looking. There are plenty of opportunities out there.
About the Author:
Cheree Miller is a leader in internet based Network Marketing. She uses her wealth of experience in the business world to develop training and marketing programs that can be used in virtually any business.
-----------------------------------------------------------------
To find the best home based business ideas and
opportunities so you can work at home visit:
http://www.WealthBuildersSite.com
Copyright © Cheree Miller
http://www.WealthBuildersSite.com
While you can be successful at just about any Network Marketing opportunity, not all business opportunities are created equal. So, before you sign up, make sure you take the time to investigate the opportunity to make sure it will make you money instead of just lining someone else's pockets with yours.
Here are a few things to keep in mind:
Is the timing right?
Bobby socks and poodle skirts were so cool in the 50's. Kaftans, love beads and peace symbols were popular in the 60's. Pet rocks, mood rings and custom vans were all the rage in the 70's. Pac man, parachute pants and mullets were so hot in the 80's. I could go on, but I am sure you get my drift. Make sure there is a market for your product line. If there is a way to integrate the internet with your product, all the better, because internet growth doesn't show any sign of stopping.
Know the company
Look for a company that is well-established and has been around for a while. Now, that doesn't mean it needs to have been around for several decades. In fact, that can actually be a strike against a company. After all, the longer it's been around, the more people who have already been approached by someone about joining. But, beware, getting in on the proverbial "ground floor" of an opportunity could mean you'll spend a few months working your tail off only to have the parent company pull the rug out from under you when it closes its doors. Check with the Better Business Bureau to see if there are any unresolved issues with this company. Just as a word of caution, just about any business out there will have negative press on the internet. Be aware that anyone can start a website and publish their point of view, but that doesn't necessarily make it true. So, be sure you are making a decision based on facts, or at least on reliable sources, not just John Doe who has a bone to pick with ABC MLM Company because he didn't get rich quick. Ask to speak with other representatives about the opportunity to gain other viewpoints.
Know your products
If you are going to promote your products with any kind of sincerity and authority, you need to use them yourself. If you are trying to sell me on your business, I will want to know how long you have been in it, how you run it, and how successful you are. I don't care about what your upline has told you about her success, I want to know about yours. If you are selling nutritional products, I will want to know what you are personally taking, and the difference it has made in the way you look and feel. I don't want to just read the company sales pitch on the product.
Know your sponsor
This may not apply if you are joining an on-line opportunity. But, if someone tries to get you into a business opportunity and you know this person is a little shady, or that this person does the bare minimum in order to get by, it's probably in your best interest to sign up under someone else. Remember, your sponsor is the one who will be primarily responsible for supporting you. You can go above that person to someone else in your upline, but if you have a choice -- and you really like this particular opportunity -- try to find another person who will sponsor you and really work with you to help you develop your business. If you stumbled on a great opportunity on line, it's likely that your IP and email addresses have been branded with your sponsor's information already, and you will automatically be placed in his downline.
Know what support is offered
Let's face it; some companies are better than others when it comes to providing training and support. I have known of traditional network marketing companies that make it difficult to talk to a live person and get any help at all without buying a pack of brochures, or a book, or a CD or DVD. On the other hand, I am involved with a couple of internet businesses in which I have never spoken to a live person yet, but the email and on line support is terrific and doesn't cost me a dime. That may not work for you. You may need a flesh and blood person in front of you or on the other end of the phone. Ask to speak to other new recruits and see how they feel about the level of support they are receiving. Make sure you know what you will get before you sign up.
Know the compensation plan
Most are similar, but again, some plans are better than others. Do you get a straight commission on every dollar you sell, or is there a point system? I have never seen a point system that wasn't considerably less than the dollar value. Do you have to sell a certain amount of product every month in order to qualify for your downline commissions? Do you have to purchase a certain amount of product for personal use every month? Do you have to directly sponsor a certain number people? Do you have to purchase other materials (sales/promotion materials, etc.)?
If, after all of your research, you are still excited about the opportunity, by all means, sign up for it! If not, keep looking. There are plenty of opportunities out there.
About the Author:
Cheree Miller is a leader in internet based Network Marketing. She uses her wealth of experience in the business world to develop training and marketing programs that can be used in virtually any business.
-----------------------------------------------------------------
To find the best home based business ideas and
opportunities so you can work at home visit:
http://www.WealthBuildersSite.com
Labels: home business, internet marketing, network marketing
posted by Wealth Builders @ 7:57 AM
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