Network Marketing Distributor's 6 Tips On Choosing The Right Company
When you're looking for a way to earn an income from home with a Network Marketing company
, you should always analyze your company to see if it is a true fit. Don't buy into any hype. Take a look at these 6 criteria a company should meet before you join.
1. Does The Company Have A Solid Track Record? When you invest your money and your reputation in a company, you want to be certain that company will be around 20 years down the road. Around 90% percent of all network marketing companies go out of business before 2 years. A network marketing distributor can be sure that a company has gotten through the major challenges when they choose a company that is at least 5 years old.
2. Does The Company Offer Unique Products? The vast majority of Network Marketing companies are nutrition based companies. There are many very good nutrition companies out there, but a lot of them are in the "me too" category. A network marketing distributor could have a much easier time promoting a company that is doing something the nobody else has seen before.
3. Do People Really Want The Products The Company Offers? You hear everyday about the failing network marketing distributor that has zero success and ends up with a garage full of product that they don't need or even want. A lot of companies promote products at such a high rate that the "smart consumer" realizes that they can go find the same product a lot cheaper at their local retail store. The simple fact that their friend is selling it means nothing especially during these tough economic times.
4. Does The Company Have A Rich Compensation Plan? I won't go into all the different types of compensation plans. The important question to ask is, can the average network marketing distributor really climb the ranks in the compensation plan? A lot of the dinosaur type companies have compensation plans that are nearly impossible to compete in unless you are an intense marketer. The compensation plan that has become popular is the binary compensation plan. It works very well because there are only two legs to build. The average network marketing distributor can build a lot of momentum with this type of compensation plan.
5. Can You Have Fun While Building The Business? The failure rate of network marketers is very high. Partly because they don't ever treat it like a real business and or because they can't have FUN while building their business. Most people are doing this to get out of the job they hate, but they end up feeling like they have gained another job. It would be a good idea to go to one of the prospective company's events. Are people having fun? Are people excited to be there? If not, you probably won't ever be either. I've seen events where people were actually dancing on the stage during breaks. You won't see that at your JOB!
Network Marketing Distributor's 6 Tips On Choosing The Right Company