Frankie Muhammad
901-870-1135
When you are choosing a Network Marketing Opportunity, you want the best. If you are going to invest your time and money into a MLM company you want to choose the right company. There are several things you want to consider when seeking the Best Network Marketing Opportunity.
Questions You Want To Ask Yourself When Researching MLM Companies
Is everyone already using what the company sale?
Is the management team experience and credible?
How about he compensation plan?
Is it the company that has the best product?
You need to be passionate about the company’s product. The product needs to provide value and change the quality of people lives. You want to get with a company that you can make money with. You want a company that has a good compensation plan. You want to join a MLM company that has been around for at least 5 years. Also, the company need to be able to provide a good website as well as marketing system. You need to be able to build your business online if you want to. Some companies restrict online marketing.
Make sure you investigate the Management team for the MLM company you are considering. Look at the financial stability of the company. You really need to Google the company and do a background check.
What Type Of Compensation Plan Do they Have
Unilevel compensation plans are probably one of the more widely used comp plans today. A unilevel compensation plan, much like a breakaway, enables you to front line sponsor as many people as you like. You’re typically paid a fixed percentage down through several levels of people in your organization.
Binary comp plans enable you to sponsor only two people on your front line, thus the term binary: two. Anyone else you enroll must go under one of those two people. More and more companies over the past several years have been able to last long term using a binary structure. For years, companies who had binary comp plans didn’t last long. However, over the past 10 years or so, more and more companies have figured out how to operate and function long-term with this kind of pay structure.
Matrix compensation plans aren’t used by many companies. In fact, there is only one big network marketing company that I can even think of that used this type of compensation structure. That’s not to say they’re bad or good, it’s just a fact. A matrix compensation plan typically limits your sponsoring width and depth. For example, a 2-by-7 matrix enables you two put two people on your front line and pays you 7 levels deep.
Australian 2-up comp plans, also referred to simply as 2-ups are primarily used by top-tier direct sales companies. These comp plans typically require you to give up the commissions on your first two sales to your enroller.
I would say that on average, most companies pay out between 25% and 50% of their incoming sales revenue to their distributor forces.
Don’t pick a MLM Company solely on a compensation plan. And, there is no #1 greatest compensation plan out there. In fact, anyone who says that has to be an idiot. The only way you could make that statement is if you did a statistical analysis of every other compensation plan being offered by all companies currently in business. And…no one has the time to do that.
When you are presenting your product or opportunity to your prospect, it’s great to be able to plug into a system that doesn’t require you.
What Is The MLM Company Marketing System
If the company does not have a good marketing system you and your downline will have a difficult time trying to build your business.
What To Consider About The MLM Company Website
- Do people already use or buy something similar?
- Is there already an existing need in the market?
- Is your product positioned in front of a trend or riding a current trend?
- Is the market size for your product or service significant?
The Company Must Have Good Training And A Good Culture
You want to be a part of a Network Marketing Company that has an Amazing Culture and Training. You want to be a part of a organization in which people are honest and people are proud to be there.