3 Elements to Determine the Best Multi Level Marketing Company
If you put a bunch of network marketers into a room and ask them to decide what the best multi level marketing company is, you would probably have a riot on your hands. Anyone who is serious about the industry will feel strongly that their company is the best. If they didn’t feel that way, they wouldn’t be representing that company. And honestly speaking, many, many network companies offer products and services that are undeniably superiour to their retail counter-parts.
When you’re looking for the most ideal MLM to join, you really do have a wide variety to choose from. Here are the things to consider when making your choice.
1. The product or service. This is obviously a very important factor to take into consideration. You will be selling and representing this company so you’ll need to make sure that whatever it is that the offer genuinely interests and excites you. And you’ll want to evaluate if the product will also excite other people.
Secondly, you want to make sure that whatever you are selling fits into the network marketing model. Is it something that people are used to buying from direct distributors rather than in retail stores? It should be.
Thirdly, make sure that the product or service is something that will be used up on a regular basis. You’ll want to be selling the product over and over again. . . not just once. In addition, make sure that the product you choose is “hot” right now. . .not yesterday and not tomorrow. If it is (and that’s good), there might be a lot of competition from other trendy products so your product should stand out in some way with a special patent, ingredient, packaging, endorsement, etc.
2. When choosing the best multi level marketing company for you, you want to pay special attention to the team you will be joining. And not just the team, but the system, training and tools your team has in place. You want a sponsor/upline that you can be in touch with on a regular basis and that can help you to duplicate his/her successful system. Join a company that offers the training and methods that you can follow and then, in turn, pass on to your downline.
3. Compensation plans vary greatly from MLM to MLM. The various types include Unilevel (which are not the most popular or profitable but they are the oldest and simplest to understand), binary (the most popular and profitable but very complicated), matrix (which are newer and a little more controversial) among others. This is possibly one of the most complicated aspects of network marketing and a little bit of research on your company’s plan and how it’s suitable to your needs is well advised.
The above are 3 important elements (product, team and compensation plan) that you need to analyzi in order to determine the best multi level marketing company for you.
