Making a choice on which MLM company is the best mlm can be a very hard decision. There are many factors to consider to sort out the good from the bad.
Most great MLM opportunities have many similar characteristics in common.
The top 5 are outlined below:
1 – What is the Product? Every great MLM company will have a product that has true value. Can the product stand alone without the network marketing structure? If so, then you are on the right track!
2 – Is the company Old or Young? The fact remains that most MLM companies fail within the 1st two years. So, choosing a “ground floor” opportunity can be very risky. Also, a company that has been around for many years has little room for market share for a new rep. Everyone already has heard of them. If you can find a company about 3 -5 years in business then you know they are past the point of failure but still has plenty of market share available.
3 – What type of Compensation Plan? If you investigate most of the top MLM’s, you will see a common denominator in the compensation plan they use. Most top MLM companies work with a binary “2 team” structure that is proven to work. Be very wary of the programs that have a “one-time” fee and promise big pay-outs.
4 – How big is the Industry? There are many different types of MLM’s to choose from. Juice, nutritional, telecommunication, make-up, coffee, and travel to name a few. Find one with an expanding market.
Finding MLM companies that have little competition in their industry is crucial.
5 – Will you get training? All great MLM Companies will have a solid training program in place. Make sure that you will get the help you need to be successful in your business. Also, make sure to partner with someone that can help you build your business through traditional methods and on the internet.
Most MLM companies fall short in teaching internet marketing.
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The above criteria should help you find MLM companies that are going in the right direction. Most of all , you will need to choose a mlm company and product that you can be passionate about and will want to share with others.