Hi i have been researching into MLM for quite sometime now and
like to point out a few important factors on how to choose a good
MLM.
"makelifebetter" has pointed out a few good points in choosing a
good company in another thread i just copy what i have written over
here hope it's useful.
1. Company backgroud
2. Products
3. System
4. Timing
5. Team
1. Company backgroud - A good company should be debt free and does
not involve in any form of investment and listing. It is a risk for
the company if investment is involved and listing only tells u that
the company do now have sufficient capital to further expands its
business therefore it is looking for shareholders. As MLM meant
bringing the products from the manufacturer straight to the the
user to reduce product cost. Therefore its is important that the
company has the ability to manufacture and distrubute the products
itself. Its manufacture and distrubution should not be of different
company as it will mean extra cost and possible change of
manufacturer.
2. Products - Not all products should be sold in MLM structure. In
MLM repeated sale is important as it will ensure that its
distrubutor will have a stable income instead of a one time sale.
The product must be expandable, meaning can be used up and need to
restock. The product itself must have the ablility to prove its own
usefullness. If today u were to setup a company what would u sell?
of course u will look for something that is really good and incurr
good comment from the consumer and encourage propagation from words
of mouth. When a product is good, distrubutor need not push hard
sale as the product speaks for itself.
3. System - After comparing products only a few company is left.
Then the system comes in. I have seem quite a few system from
various companies but most of them are hard to accomplish. Most
company focus on finding extremely strong downline in order to rise
up in high level. But that means not everyone can do it, for
example some system said that u must have 3 downline which are
doing a certain amount of sale inorder to attain a certain level,
that also mean that the person need to find very good distrubutor
to rise up in level. Some company runs binary plan which mean
balance both side to earn. But what happen if i find an extremely
strong distrubutor as a downline does it mean i must restrict him
from expanding or i will not be able to earn? Therefore a system
must allows everyone have an opportunity to success no matter how
weak or strong he.
4. Timing - MLM can be catagorise in to 3 stages young, medium and
mature. This catagorises meant the numbers of years the company
have survived. Nowadays with comparision to the oldest company in
the market. Young suggest company less that 10years, medium range
from 11- 30 years and mature mean more that 31 years. Its is good
to join a company in the medium range as it is more stable and has
less market exposure.
5. Team - This factor decide whether the distrubutor of the company
is pratising MLM correctly. Honestly, Love, Ethic, team work and a
lot of other factors contrubutes to the success. The culture
induced into the team will reflect alot on the whether the team
will put through in the end. Many distrubutor have the thought of
if i can sign more people under me i will be success, however this
is not true. Success depends on whether the team have the correct
attitude to attract other people into the business. Ethic also
plays an inportant role. I have seen distrubute not willing to sell
a product because it doesn't suit the consumer's needs. Sometime
selling a product is not everything in doing business, its the
trust and professionalisium that is important.
There are a lot of other interesting things to share but i'm
worried that i type too much. If interested just email me at
[email protected] for an appointment i will be more that
happy to arrange a meet out and have a nice chat over a cup of
coffee.
People presently working in MLM are also welcome but pls meet me
with an open mind as this will allow us to understand more thing.
^_^
I have did some research on the trend of the next era and the
possible reason for the next economic boom. We could make a good
fortune if we only know what is coming up next.
