How to Pick Your Best Network Marketing Company
Monday, May 12, 2008 at 03:43PM In order to select the best network marketing company that is the best fit for you, there are seven components that you will want to analyze and consider before joining any business opportunity.
The following seven criteria are vital to your success in any legitimate network marketing company.
No “Me Too Products”
If someone can go down to their local Wal-Mart and get a product similar to yours, you are dead in this industry. Even worse, they can go there and get the product for less than what you charge for your product.
Look for a proprietary, one of a kind product as this offers less competition and better positioning in the marketplace.
You also want to go with a consumable product, this means a product the customer has to buy or pay for monthly as this gives you a better opportunity to earn residual income.
A High Paying Compensation Plan
I’m sure you’ve heard of stories of people that have sponsored hundreds of distributors and are still making very little money. That’s an example of a poor compensation plan.
If you sponsor over 100 people and you’re plugging them into a good training system that duplicates and you still aren’t making 4 or 5 figure monthly checks, something is wrong with your compensation plan.
The best network marketing companies have pay plans that enable you to generate money quickly with just a few people. In my company, 6 active people results in $100 per business period. My upline reached the highest level in my company with about 500 active associates.
Passion for the product
It doesn’t matter how great the product is, if you don’t have a passion for it, you simply aren’t going to have success. Ask yourself “Would I buy this product if someone was selling it to me?”
Strong leadership team
Your leadership team can make you or break you in this industry. Without a good leadership team at best it’s going to take you longer to become successful and at worst you simply won’t make it.
Being a part of a leadership team that emphasizes integrity and service is important.
Good sponsor
Your sponsor doesn’t have to be making a million dollars a year. In fact many of those people don’t make good sponsors because they have very little time to personally work with you.
You want to align yourself with a sponsor that you feel you can align yourself with and one that can plug you into a great training system. It is the training system that is going to help you become successful.
Growth Industry
If you attended a network marketing presentation where they announced you are going to be marketing cassette tapes, you would probably leave the meeting. Why? That is a declining industry not a growth industry.
You want to get involved in a industry that is poised for growth. For example, best selling author Paul Zane Pilzer identified the health and wellness industry as the next trillion dollar industry. The best network marketing companies are positioned to take advantage of this type of growth.
Solid company
You want to get involved in a ground floor growth industry NOT a ground floor company. Most companies fail in their first 5 years. Therefore if you are involved in a company that is brand new, there is a good chance that company is going to fail. Make sure the company you are involved in has been around for several years.
What's Next?
Once You have found the best network marketing company using these 7 criteria then you want to find a team that will help train you in the most cutting edge marketing strategies such as the ones found at Renegade University.
Even the best network marketing companies rely on outdated marketing strategies such as cold calling, prospecting your warm market. The Renegade Professional will each you all you need to know to build your internet network marketing business.
Visit Renegade Professional for more information.



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