Deciding that Network Marketing is the type of business you want to do is a great decision. And since starting a network marketing business is easy to do, people who aren’t even qualified are launching network marketing companies. It’s extremely dangerous to hitch your wagon to a company like this. The following criteria can help you choose a good solid company.
Get a company with products the public already understands, uses and buys regularly. If not, you’ll end up training distributors to educate the public about the product you’re selling. Also, ask yourself if you’d buy the product if there was no business opportunity tied to it. If so then that’s a product you and your down line can market effectively.
Start up companies (less than 2 years old) have high earning potential because they are new but are high risk since at this stage a company is getting the bugs out of the system.
Young companies (2-7 years old) have high earning potential since they’re still unknown and the market is wide open. they have eliminated the serious bugs so your risk is low.
Old companies (8 years and above) operate smoothly but generally since they’ve been around there is low risk and low earning potential.
If you’re conservative, pick an old company. If you’re high risk and are not bothered by the possibility that the company may go out of business the get a start up company. Or if you’d like the best of both worlds, aligh yourself with a 2-7 year old company.
Stay away from plans that look like money games and those that require large investments to get started. You need a plan that give money upfront so that new people can see a check of $50-$200 in their first few weeks. they’ll get locked in once they taste success early and they’ll keep working long enough for the back end residual income to kick in.
Align with a company where the training and communication comes directly from the company. Many companies train leaders who train their own leaders and so on but the training gets worse as it goes down the line and usually breaks down completely. With direct access to training and information, you’ll stay on top of changes taking place in your company and network marketing itself.
Make sure the company you align with is international or has plans to expand globally. In the United States many prospects are created each year, while many other people have sworn off it forever because it was presented to the incorrectly. But in the rest of the world there is no stigma to overcome, they just want someone to show them how to get involved… and that’s a formula for riches.
The network marketing company you join should have all the sales aids you need to effectively market your products and business opportunity. They should have a corporate website to which you can point your internet connected prospects. Essentially, total support of your marketing efforts should come from the company. But you may also get an upline that has experience in marketing that is also providing tools and services to support the marketing system.
Look for a company that understands the needs of a part-timer because most people are busy and network marketing on a very limited part-time basis. So the system must be one you just plug into instead of reinventing the wheel. A system with co-op advertising and recruiting programs for example. Such a co-op generates names of people who have already responded to an ad about your products and/ or business opportunity, they already want what you’ve got and they want to know more. You don’t have to twist any arms or “chase” anyone
Now there are some things you need to know before you start choosing which company to work with. First you need to know what Network Marketing is. What makes it work and just how much money you can really make. Every Business Opportunity has its pros and cons and Network Marketing is no different. So cut through the hype and get the truth about Network Marketing. If you’d like a free consultation, then include your phone number and hear from a real person how we can help your Network Marketing Business.