subject: Fhtm Fortune Hi Tech Marketing Review, Is It A Safe Mlm Or Just A Fhtm Scam? [print this page] Multilevel marketing is emerging as a great way to manage a home business and earn a decent residual income. Fortune Hi-Tech Marketing offers a chance to make money through its attractive network marketing business. Though this is a great way to make money working from home; you'll need to put in enough time and effort to make this venture successful. This is not a get rich fast scheme. Let's take a look at the pros and cons of FHTM as an MLM opportunity and see if it lives up to the hype or just a FHTM scam.
FHTM Reviews- A Brief History The company was founded by Paul Orberson, an expert salesman who's experienced firsthand the benefits of being a distributor for a good MLM business. The products and services offered by this company include its own range of vitamins under the brand True Essentials and other services such as medical card, telecommunication, security and entertainment services; FHTM acts as an affiliate to several big businesses to provide these services.
Products And Services Fortune Hi-Tech deals in 4 groups of products; health & beauty, Entertainment, Communications and Services. They are affiliated to several major corporate to promote products under these categories.
The MLM Opportunity - Costs And Compensation Minimum investment in this business is $299. You may have to pay more if you want your own business website. There's also a mandatory requirement to purchase at least 3 FHTM products.
While the steep investment is a factor to consider before taking up the business, we also have to consider the compensation plan and see if the returns match the outlay.
In the FHTM compensation plan, you can earn through residual income as well as through bonuses. While residual payments are targeted towards building the incomes of managers at high levels in the business, bonuses are aimed to give an impetus to new entrants and reps at lower levels to grow their business. Earn between 2 and 25% of sales value as commission and get paid each time you recruit a new person.
The Downside Though the business offers promises of an attractive residual income, the truth is, it's not easy to sell products that may be obtained at cheaper rates from the open market. FHTM marketing is lacking in training FHTM reps on how to market online.
Competition
Fortune has direct competition from ACN Inc., a network marketing company that has its own telecommunications business.
Another competitor in the telecommunications field is Lightyear Wireless; this company offers MLM business at an entrance cost of just $49.
Amway - This is one of the most popular network marketing companies and deals in a wide range of products. Amway not only has a variety of products that offer stiff competition to Fortune's; it also has an attractive business scheme that's said to be one among the best in the field.
Earn Your Fortune In spite of its setbacks, FHTM is a safe business to take up. Most reps claim this to be a scam because they've not made much money in this business; but this may be due to their blinkered attitude. Most people think of this as a job instead of a business; this limits their target market to just friends and relatives.
Change this attitude and reach out to people through MLM leads. An MLM lead is your key to interested customers and prospective recruits. To get this done, you just have to employ different virtual tools that can assist you in gathering leads. This is sure to boost your business volume and get you new recruits.
