Is MLM A Viable Option To Make Money Online?

Hey guys, and welcome to my post on a subject that may be a little controversial to say the least - making money online with MLM. Now, before you scroll straight to the comments below to tell me how bad MLM is, just hear me out as I have a theory.

Of course you can still do that but I this is something that I have been thinking about for a whilst and feel it is time to release it to the wolves!

What is MLM?

Ok, so before we get into my theory, let's just recap what we are talking about here. Multi Level Marketing (MLM), often referred to as Network Marketing, is the sales process undertaken by many companies where they offer commissions and financial bonuses for selling their products.

Their main MO however is to entice members to recruit others (usually friends and family etc.) to also sell the products in return for bonus commissions on their sales - A.K.A their downline. This over time has given the industry a less than favorable reputation as a pyramid scheme and nothing more.

Most commonly, MLM companies operate within the supplements, weight loss, beauty and essential oils markets.

Fine, what is my theory?

Here it is - did you know that many of these companies will pay commissions of up to 25% on base sales without the need to nurture a downline?

And that is it ! 25% and no need to recruit your friends! Think about this a little further - most affiliate marketing programs in any of the niches mentioned above will pay between 5 - 10% per sale that you refer. MLM is 25%!

What's the catch?

Sadly with anything to do with MLM, there are a few hurdles to jump over and unlike affiliate programs, you may have to do a little research to find the right option for you. In short, you will need to do the following:

Find MLM companies - Look for options within the area that you wish to work in (some even deal with other popular options such as wine, coffee and homewares as well.

Check their commissions - look for something of at least 20 - 25%

Check their sales rules - this is where you need to do your research. Any MLM you choose here must:

• Allow you to earn sales commissions on sales without the need to recruit others - see next section.
• Allow for online sales (you are trying to avoid running Tupperware parties here)
• Not require personal purchases to earn commissions - i.e. you don't want to have to purchase products to qualify for your commissions
• Allow you to join without having to find a sponsor - this may not always be a problem but it does usually mean you will have someone hassling you to 'build your business'.

Also, avoid anything with joining costs above a small fee to create your personalized website to drive sales to as well.

How can you tell ?

This is another problem with many MLM companies in that they don't readily provide any of the information that I have outlined above so add this to your list of things to check.

However if you can get the compensation plan (either on the website or via a simple web search) then look for a headline along the lines of "Personal Sales Commissions" or the like.

From here you are looking for something that has a clear outline of what the commission is and how much you need to sell to earn it such as:

Sales

• $0 - $499 = 20%
• $500 - $999 = 22%
• $999+ = 25%

The key is the first $0 - that means there is no minimum. The compensation plan should also outline joining fees etc. as well.

What do you do then?

Now you would run it like an affiliate marketer. That's right - build a website, write reviews, tip posts and everything else you do as an affiliate marketer. Except here you are discussing the products sold by your MLM company and your affiliate links are taking your readers back to your personalized website which manages the sales and shipping just like affiliate marketing.

Conclusion

So that's it! That's my theory. It was obviously a very quick run through and there is a little more to it. However I have seen it work and think that if you have a background here then it could definitely be a viable option.

Noooowww you can comment! Go!

Paul