What to look for
'Well, if you've done any research on this subject, you'll quickly find out that there are a plethora of MLM businesses out there, all screaming: 'JOIN ME!
'They give many reasons for wanting you.
But the usual pitch is: Ours is the best pay plan in the history of the world. We have the BEST products of any company. It's easy, anyone can do it. All you need to do is make a list of your friends, family, neighbours and workmates, speak to them and they will join and earn you a FORTUNE, in fact we are the BEST MLM MARKETING NETWORK in the world! WRONG!!!
The best MLM marketing network MUST have these 5 Pillars in place in order to give you the best possible chance of success:
1: Company management experience with integrity. The owners, directors MUST have worked in the industry and know what it's like to build a huge network
2: Timing. The company must be offering it's products at a time when they are in demand. You could be producing the best vinyl records in the world but their time is up. Now it's the age of the DVD. So the product you're offering MUST be in demand.
3: A remarkable product. If you're company isn't marketing a remarkable, life changing product then in time people will lose interest. This has happened with many of the MLM telecommunications companies that appeared in the 1990's. Most of them have now gone out of business and the remaining ones are struggling. The fact is, cheaper phone and internet access are no longer the remarkable products they were 10 years ago
4: Pay plan. The pay plan needs to reward the distributors fairly. If part time people can't earn a decent income for 10 hours a week of work then they will lose heart and quit. But if the company will pay them to their satisfaction they will continue to work and build their business
5: A system for duplication. In my experience, 99% of the MLM companies out there HAVE NO SYSTEM for duplication. That means that once the friends, family and neighbours have been attacked then that's it. ADIOS Amigo, most distributor quit!
So I've done my research and these are the conclusions I've come to. The information above is available by clicking HERE
Phil Snelman offers FREE generic MLM and Network Marketing training to distributors from all companies
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Feedback on What is the best MLM Marketing Network
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- Nigel Wickenden Nigel Wickenden Aug 6, 2007 @ 11:52 am
- Phil,
Some good stuff there. One of my favourite books is "The Art of Happiness" written by Howard C. Cutler, based on conversations with HH Dalai Lama. Fundamentals never change and I would also recommend reading "The Richest Man in Babylon" by George S. Clason and anything by Jim Rohn.
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- Peter Peter Aug 2, 2007 @ 1:14 am
- This is great Phil. Lasse will be proud of you, as I am.
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- Big_Al_MLM Big_Al_MLM Aug 1, 2007 @ 4:54 pm
- Hey, free information and training. I like that. All people have to invest is their time. Keep up the good work. The world needs networking information and skills.
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Reply
- Big_Al_MLM Big_Al_MLM Aug 1, 2007 @ 4:52 pm
- Good guidance. Hopefully people will read this and avoid the pyramids and the scams. There are a lot of good companies out there. We just have to educate people to make better decisions and avoid the games and hype. Gread advice.
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