Because not all internet marketing or direct selling businesses are born equal and spending the time up-front, at the beginning, to do your due research can pay of massively later on . So here are a few things you should consider before making the final choice :
How long has the company been in business? Are they privately held or in public traded. Who is the managing team and what real world experience to they have in operating and growing a World business? Where are they open for business and can the products or services instantaneously be shipped into different nations without custom issues?
These are all crucial questions because most new, ground-floor start-up companies fail within 5 years. Not some. Most. So while it may appear like getting in on the ground floor is an advantage, in numerous cases, it should be a big warning sign because the chances of this new start up company surviving is very slim and your best likelihood of success is to join a proven MLM business opportunity with a proven record that has been in business, on a steady growth curve, for at least 5 years.
Another thing to consider is the cost of the product and services. Ask this one question, “Would the average person buy this product from this company at this price, under standard market conditions, if a MLM business opportunity was not attached to it?” If you cannot honestly answer, “Yes” then you should not join this company.
The explanation is only economics. Understand the majority who start in MLM will sponsor and hire less than three people their whole careers. In other words, the majority never do what’s important to achieve success in their new business. So if these people are required to make a once a month acquisition of a product or service they wouldn’t normally buy at that price… They can cancel their autoship and quit. Which is the reason why the once a year attrition rate, the drop out rate, in many social marketing corporations is commonly in the 70 to eighty percent range. And any attrition rate higher than 20% annually will make building a lucrative business fast very , very challenging.
So that the best MLM business opportunity is one that’s got a good product that people already use at a price close to what they are already buying. If they are used to paying $35 for supplement they already use and are now asked to pay $75… If they do not build the business they may soon give up and return to paying $35 per bottle.
Next thing you need to actually consider before starting any new business is how, in particular, you intend to advertise, market and popularize your new business. Because the bottom line is you won’t make any money till you sell lots of products and sign up plenty of new team members. So what is your plan? Because even the best MLM business opportunity out there won’t make you a penny unless and until you efficiently and effectively market and promote that business.
If you’re searching for find an mlm business opportunity then go to most effective mlm business opportunity.
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