Multi-level marketing is old and ever-changing with hundreds of MLM companies that have started over the years.
In this post, I am going to give you tips and tricks for choosing the right ones.
All I ask you to do is pay attention and read this post to the end…
How To Share The Opportunity
Try to keep MLM and family members separate. You can share your business opportunity with friends and family in the beginning. Just try to stay away from pushing them into your business because your personal life shouldn’t clash with your business one. You don’t want to make your family and friends get angry at you!
Don’t overwhelm friends and family with marketing messages. While you love your job, they may not appreciate the harassment. Don’t let the excitement you feel be the source of tension in your group. However, you still want to make them aware about opportunities out there, so a good balance is necessary. In other words, let them know what your doing and in directly show them the results people are getting in your organization.
For example, if you are using Facebook, you can start posting results from other people before you get results.
The Products
Look at the products an MLM company has before doing business with them. While profitability is important, consider if you would buy such a product. What will they benefit from making a purchase? Is it a thing that they’re going to want more of in their near future?
When considering an MLM opportunity, carefully look at what you’re selling. Don’t just look at how profitable you think it might be, try to view things as if you were a consumer. What are the good reasons to buy these things? Are they likely to want more?
There are Four MLM companies types out there…
There are four types of MLM companies in this industry…
All of the network marketing companies will fall into one of these below…
Tangible Products
This just means that these mlm companies sell tangible physical products that can range from skin care, supplements, body wraps and juices etc.
Most of the mlm companies out there fall into this category in one way or another and I listed some of the more popular ones below:
- Amway
- Herbalife
- Younique
- Yoli
- It Works
- Youngevity
- Total Life Changes
- Market America
- Seacret Direct
- Juice Plus
- Take Shape For Life
- Mannatech
- Jeunesse
- Nerium
- Kyani
- Arbonne
- Zurvita
- Send Out Cards
- Perfectly Posh
- Mary Kay
- Pampered Chef
- Poofy Organics
- Purium
- LuLaRoe
Sell Digital Products:
This is where mlm companies sell digital products that can be training courses, softwares, tools and even one on one coaching.
The more popular type of products here are information based and have really exploded this industry and have made a ton of people huge commissions…
These type of companies normally pay more commissions because the cost to product digital products is a lot less.
- Digital Altitude
- DS Domination
- Empower Network
- INFINii
- Ultimate Dot Com Lifestyle
- MOBE
- MLSP
- Wealthy Affiliate
Sell Services
MLM companies that sell services can range from legal, energy, road side assistence and medical care.
Below you will find the most populer companies right now that have been very successful.
Travel Based MLM Companies
Travel based mlm companies sell third party booking services where you can paid commissions when someone books a vacation through their website.
There hasn’t been a ton in the past, but below you will find the most popular ones right now.
Watch Out For MLM Pyramid Schemes
Watch out for pyramid schemes. While a number of MLMs are above-board, there are many shady operations among them. Pyramid schemes can cost you a lot of money. It might look enticing, but it can be a big loss in the end.
Avoid falling prey to those MLM pyramid schemes. There are plenty of MLM companies that have a very strong history and reputation, but there are also some that don’t. Pyramid schemes aren’t reputable, for example. They look great, but end up failing you.
Be careful you do not fall for a pyramid scheme. There are both reputable MLM businesses and ones that aren’t so reputable. Pyramid schemes are part of this group of opportunities. They look great at first but generally turn into a scam.
Hire An Accountant
Get the advice of an accountant before you decide to get involved in multi-level marketing. Once you become serious in MLM, you should have an accountant who you regularly seek counsel from. You need to know the financial ramifications of the business you’re going to participate in. In addition, understand what to do about taxes. This will often require quarterly reports.
Train Your New Members
If you want to bring someone else to your MLM business, you’ll have to teach and train them. A recruit without training and support isn’t much help to the team. Spending time helping these new people will make your business more successful.
If you want to do well with multi-level marketing, you have to know what you are doing and what to watch out for. Great information like that contained in this piece can be extremely helpful. These tips will give you a much better chance to succeed.
All of these MLM tips in mind, you will have great success when you are getting started in multi-level marketing.
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Bless And Be Blessed,
-Jesse Singh