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New MLM on your horizon? Here are business guidelines for choosing a network marketing company

Thinking of joining a new MLM business? Before you break out your checkbook, here is a checklist of considerations to take into account before signing up for any new MLM.

  • Is the new MLM business run by someone with network marketing experience? Does the spokesperson inspire confidence? Is the support staff positive, friendly, and quick to respond to your questions?
  • Does the new MLM provide an easy way for customers to place orders?
  • Does the company ship orders immediately or is this a normal delay?
  • Does the new MLM company keep the products well stocked or do you have to wait frequently?
  • How often does the company pay its distributors?
  • Is the new MLM’s customer service trained and courteous in resolving customer complaints?
  • Is the company ready for electronic commerce?
  • Can distributors get a shopping cart that allows the site to take orders and get credit for signing up new members?
  • Will you have access to a genealogy of your downline and sales?
  • Does the new network marketing company provide regularly scheduled conference calls and events for MLM training?
  • Are the company’s promotional materials and website attractive and enticing?
  • How will it feel to introduce yourself to people as a representative of this new MLM?

The last thing you want to worry about in a new multilevel company or an experienced one is to have all the systems in place so you can focus on working with leads and prospects, not putting out fires or solving problems.

There is a lot of appeal in the idea of ​​joining a new MLM business that is still in the early stages of launch. New distributors who stick with it and build from the ground up will benefit greatly down the road when a network marketing business proves viable. This is especially true with binary network marketing compensation plans.

On the other hand, working with an experienced MLM program offers the security of increased experience and brand reputation that the business has earned.

You’ve asked questions about your new MLM opportunity. Now is the time to ask questions about yourself.

From your perspective, you are in a new multilevel when you sign up for the first time. For you, it’s a new start up of your own home based business. Success is often determined by your self-confidence, your ability to see yourself doing what it takes to grow the business, and most importantly, taking consistent action steps.

MLM companies invest in well-crafted products that tend to sell themselves and create long-term customers. Other types of companies spend a lot of money on advertising and branding to compete. Network marketing companies take that money and reward distributors with bonuses and other forms of compensation for their word-of-mouth referrals.

If you joined a new MLM, you may not be mentioned in magazines and other media. It takes time for new network marketing companies to gain the kind of coverage that more established brands have created for themselves.

You’ve probably heard of Amway, Herbalife, Mary Kay, Nu Skin, Shaklee, Tupperware, Avon, Usana, and Watkins. They are among the many MLM and direct selling companies that have reached millions, if not billions, in annual sales and have become household names.

Network marketing companies prefer to invest a significant portion of their income in the field in the form of accelerated bonuses, leadership groups, and car payments. So if you’re still looking for an opportunity, take the time to research the compensation packages of your potential new MLM business.

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