Choosing the Best MLM Opportunity
- Author Bob Clark
- Published October 5, 2010
- Word count 1,201
Multi-level marketing, or MLM, programs flood the network marketing and compensation plan arenas.. The several versions of this online money making opportunity vary only slightly from one to the next, but the huge number of programs available will only confuse the amateur entrepreneur. We’ve simplified it for you. We’re providing you with the raw details to help you invest in the best MLM opportunity available. That way, you can best guarantee success and prosperity in your MLM ventures.
Think Before You Act
Many MLM opportunities will sound too good to be true. Many promise eternal residual income and security. You’re all ready to dive into it and fork out the bucks. Beware! Do not act upon impulse when selecting your MLM program and its compensation plan. Take your time! You’re putting money into whatever program you’re choosing and you definitely don’t want to end up losing money in the long run. The right MLM company for you will suit your individual persona and drive you to success and financial security as quickly as possible. You need to pick out the diamonds (genuine & profitable opportunities) from the rough (scams). This is becoming harder by the day.
However, you must be optimistic and think of it this way, The fact that a huge number of businesses and entrepreneurs are spending their time and effort on this model, definitely implies that there is a lot of money to be made in the field with the right opportunity. All you have to do is step out and use your powers to make money in the MLM world the right way.
When evaluating an MLM opportunity, always think as if you’re shopping for a luxury good. You read about thousands of them, try out a few, and buy that perfect one at the end of the road. Do your research on the company, find reliable testimonials from past users, check if it is what you really want to sell, and whether it suits your financial goals or not.
Here are some general guidelines:
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Ask yourself if YOU would buy or recommend the product or service you’re considering promoting or selling. If the seller himself doesn’t have trust and faith in his product, why blame the poor customer? Customers notice when distributors lack the chutzpah and integrity when talking about the product. We want to make money here, not scam people. A bad product will take two times the effort and energy to sell half as much as a good product. News spreads like wildfire through word of mouth and online social media networks. Product differentiation is a very valuable skill. Distinguish between a good and bad product. That’s the bottom line.
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Use a magnifying glass! Look into the opportunity in depth. Too many people simply go on the company’s words and jump into a wrong investment. Research the company you want to join. The key is to know what you’re looking for in the first place. Visit the company’s website and search Google for the particular MLM opportunity. What sort of compensation plan do they offer? Go through what comes up. A good website will be backed with a good SEO team which is constantly working to rank it in the first few pages of Google and other search engines. If your MLM company doesn’t show up here, it might signal the guys here aren’t too wise about promoting their work. Promotion is crucial for company stability in the marketing industry. Also, examine the product or service itself and see what other team members are doing to promote it. Evaluate whether you are capable of doing something similar. Do you think you’ll find it easy?
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Look past the glamour. Beware of website trying to sell you unreal opportunities. MLM companies are experts in sales copy write techniques. Sales copy is persuasive and convincing but please don’t fall for it. Who are we kidding here? Ignore the promises of millions in a month or thousands of testimonials. Only believe the numbers and financial facts. Does the company promise residual income? If so, how? Ask the company to give you necessary financial and company stability details. The owner of a good MLM company will be more than happy to talk to you about their product or service as well as compensation plans and residual income opportunities offered. If they want you to make a monetary commitment before they provide relevant details, it’s a good bet to stay away from them. A professional and confident business owner, who is willing to discuss his product or service at length, is the kind of mentor you’re looking for here. However, this doesn’t mean they have to tell you everything. There will be a few "top secrets" being saved for later. That’s ok. All you need to make sure is they’ve got plenty where they’re coming from.
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Check out the real stuff. No MLM company will sing negative praises of themselves. Visit forums and blogs where the company was discussed and get in touch with people who’ve used the program before. Most people will be more than happy to discuss it. You might hear good back and a few negative ones. One thing for sure is that it’ll put the reliable feedback in front of you. Then, it’s up to you to decide whether the pros outweigh the cons or not. Make sure you pay attention to company stability and past records. Does the compensation plan really show results?
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Test the program Before embarking on a journey with the MLM company of your choice. Take a trial period. Keep track of how much effort you’re putting into it and the returns you’re getting. Is it on par with your goals? Be specific. List what you need to do to succeed in the program and give it your full effort and attention. If it seems like it’s just not your thing, move on. There are many more opportunities and you will find your perfect MLM opportunity soon. Just don’t stop trying. At the same time, do ask other members how long they took to succeed at the program. How long before residual income starts coming in? That will help you realistically assess your status.
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Is it the right one for YOU? This is something you should do both when choosing the best MLM opportunity as well as further down the road. Re-visit your objectives all the time. Are you just doing this for money or do you want to sell products online? Choose the program that gives you satisfaction. It should ignite you to "sell" with 100% of your effort because you love it! You’ll be raking in the residual income before you know it.
Finally, ask yourself if you enjoy your work. Do what you love and you will be successful. The same applies for business. Identify a program that provides you with that perfect business opportunity and unique income plan. Make sure you invest in the best marketing plan available in the industry. Benefit from residual income and company stability today!
Bob Clark is a blind entrepreneur who despite the recession, is able to make a good living with his new business model. Join
Bob's team here: http://www.MarketingBusinessOpportunity.net!
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