what you need to know about mlm
first before u choose an mlm company u need to check a few things
1. the product- it must be verry good and genuine, that is why ull c that most mlm companys usually sell great products, its one the key to mlm succsess.
2. the comissions- a good comission plan lets the distorbuters get paid easly for example a product that costs allot (but worth it) and u get high comission,
underline commision (ur selling network)- if u have to sell alot for getting downline comission then it take down ur energy when u didnt make the goal and it will b harder to recruit.
3. timeing- even though that there is alot of mlm millionares that made even though that their comany is alot on the market its alot harder, a new company gives u a huge chance to reach the millionare point more easly, easly not easy every job takes hsrd working the difrence in mlm that its like a roling snow ball it gets bigger by every month.
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Good points. Here's a couple more to add to yours. The success rate for people in an mlm business is about 3% from what I've read. The reason is that they get into the business and don't realize it actually takes time, planning and work. Too many people want to get rich quick. That won't happen even with the best mlm. my main business since I've been retired is mlm based. So I know from experience, to reach your mlm business goals you have to treat your mlm like a business not a hobby.
Keep up the good work!
thanks u2, i bet that the statistics on other businesses r not far away from 3% too, if it was easy to open as an MLM business, not many r built to pass the falls that r in being a independit
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MLM = Multi Level Marketing. But now some companies are involved in MLI, MLI = Multi Level Investment. And the difference between MLM and MLI are huge. In MLI the compensation plan is much better and the binary sistem is cancel. Only the linear levels are approved and the active (the sum of money for every month to pay to be a active member is very small). Thats way many people ask ''how is the business'', ''binary ar something else''. If the answer is binary, you must be very good to have associates. Thats way some ''binary companies'' use matrix schemes, etc. My opinion is, if someone want to have a business in Network Marketing and is not interested about the product, ask ''how is the business'', binary or....