There are no such things as “best MLM companies”.
This article will explain why this is true and why it is a GOOD thing. You will also learn what you do need to look for in a company and what you might want to steer clear of.
Find a company that can show you a plan right upfront. The plan must be one that works for YOU and your potential downline – it should simple and easy for everyone to understand and apply.
Having said that, there are some things to look for and some things to avoid as you are researching your next MLM company.
The Reality: While the Compensation Plan is definitely something to weigh in, it shouldn’t be the most important factor in making a decision about which MLM company to join.
As stated above, you can be successful in any Network Marketing company with any compensation plan if you have the right tools and marketing system.
Do keep in mind that the Compensation plan should be team-focused (meaning that if you do well, your team also does well) and hopefully (but not absolutely necessarily) simple.
Myth number 2: The best companies are the ones where the upline says they will do your work for you.
The Reality: You want to make sure that your upline has a system that will work for you and all the tools and resources if you need them. But you should be 100% involved in all your marketing efforts – no one should be doing your work for you. This is how you will prosper in Network Marketing.
Myth Number 3: Getting in at the start of a new Network Marketing Company is a plus. Because that’s how you can really make the most money.
The Reality: Be wary of New Network Marketing companies – they are the most likely to have problems and even fold early on. A good rule of thumb as far as stability is concerned is going with a company that has been around for at least 5 years.
You can start with a company that’s been around for 50 years and be incredibly successful if you make sure the rest of these criteria are in place.
Myth number 4: The Company has a great product that sells itself.
Any of you who have read Ann Sieg’s 7 Great Lies of Network Marketing already know why this is a myth. (And if you haven’t read it, I definitely recommend it. It’s free and packed with valuable information).
The Truth: No product sells itself. You can have the greatest product in the world but if you don’t know how to market it, it doesn’t matter. On the flip side, if you have a mediocre product and know the right way to market it, the sky is your limit.
By the way, I’m not endorsing mediocre products – I AM endorsing professional marketing.
Another important aspect concerning the products of your next MLM Company is that the products /services offered must need the Network Marketing model.
This simply means that the products or services must be suitable for the direct sales process in which the consumer needs a good deal of information before they buy the product.
If the product is too straight-forward and doesn’t need anyone (you, as the potential distributor) to explain its value, you might want to look elsewhere. A good example of this type of product would be books.
On the other end, if the product is too complex, you want to avoid that as well. Anything which requires a license or some sort of qualification to sell the product is not a viable option.
. . Because YOU are what makes your MLM the best.
YOU must love what this company offers. It must be something that genuinely interests and excites YOU. This overrides everything else including the compensation plan. Your prospects will know whether you really believe in your company or if you are just in it for the compensation plan. Your potential customers will understand if you are using your company’s products or not and how you feel about them. People pick up on attitude . . .and they pick up FAST!
BE THE PERSON YOUR PROSPECTS WANT TO JOIN! LOVE YOUR COMPANY, ITS PRODUCTS/SERVICES, USE A SUCCESSFUL TRAINING PROGRAM AND TEACH YOUR TEAM TO DO THE SAME.
As mentioned above, training and support are an absolute MUST if you want to do well with any company so make sure that the company that you love also offers that. Make sure they have the most up to date resources such as company websites that you can send customers to for orders, marketing materials, product conference calls, etc.
And a final note, look for an MLM company that is “hypless”. The more valuable information provided and the less hype, the better it looks. . .
Hopefully these tips help you in your search for the “Best MLM Companies”.
Leave a comment