Just like a Penny stock market investor wants to Find the Next Microsoft, a Network Marketer wants to be in on the Ground floor of the next Amway. Joining an MLM Company in it's infancy to find that next Amway is just as risky and possibly more Rewarding then those Penny Stock Investors seeking the next Microsoft.
Here are 7 things to look for when deciding which MLM or Network Marketing Company is right for You. These 7 Keys will reduce your risk and at the same time increase your chances of finding that next Amway
1 - Find a Company that Offers a Product or Service that appeals to the 20 something
People in their 20s haven't been involved in Network Marketing. You would want a Company that offers products to this young up and coming demographic. Products like Video Games, Computer Software, Music and Games. If they offer products that also appeals to Seniors and Teenagers and everyone in between that is a super bonus.
2 - Find a Company that is between 2 and 5 years old with Low Membership.
An MLM Company that has been around longer then 2 year has some stability. Low Membership is defined as 10,000 to 25,000 People. These companies are Ready to Bust out and when they do it is so much fun to go along and enjoy the Ride.
3 - Find a Company with a Global Presence.
Why limit yourself to just the USA or North America. Find a Company that appeals to the world.
4 - Find a Company that has a Low Price point.
Many MLM Company have a high startup costs and monthly recurring costs of $200 or more. If a Company has a start up cost of under $25 and a Monthly cost of under $25 it will be easier to build a team. Another benefit of a Low Price point is a Lower Risk.
5 - Find a Company that has an Internet presence.
What is the good of a global company if you are hindered in your efforts to reach out past your local region. A Global Company with an Internet presence allows you to reach out across the globe 24/7.
6 - Find a Company with Automated Tools
The More automated tools the better. How easy is it to tell a prospect
7 - Find a Company that offers good value and quality Products
Not many people want to purchase a $20 Can of shaving cream when they can go to the store and buy one for $3. If you can offer people good quality products at competitive prices you are more likely to be around for the long haul.
The Comp(Compensation)plan what about the Comp Plan. Comp Plans are as complex as any Graduate math course I ever took. You would want to find a comp plan that makes it easy to be profitable. Look for Comp plans that allow you to be profitable with 3 or 4 sales.
About The Author:
Mike Makler has been Marketing Online Since 2001 When he Built an Organization of over 100,000 Members
How to find the Best Home Based Business
http://ewguru.com/comp20
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Copyright © 2005-2006 Mike Makler the Coolest Guy in the Universe
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