| What To Look For In A Network Marketing Company |
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| What To Look For In A Network Marketing Company | |
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So, you’re serious about getting
involved in this industry. Now, what do you look for in a
company? We can sum this up in a few high points: Physical Address & Contact Info On the company website, look for a physical address, a phone number, names and pictures of the owners. If a company only has an email address and no phone number, this could be a clue that you probably don’t want to do business with them. You can Google a satellite picture of the size and location of the company office. Management Good management is a must in this business. What is their experience? How many times in the past year have you heard of a new business opening? We see them every other day it seems! A lot of these businesses are started with management that has little to no experience. Businesses with no experience in their industry have a high failure rate. Method of Payment If a company only accepts bank wires, money orders, or checks and does not accept credit cards (giving you recourse if you don’t receive – or have problems with – the product or service you ordered), this probably is not a company you want to do business with. Honest companies will have a refund policy clearly stated on their website. Read the Fine Print Look for things like “Policies and Procedures”, “Terms of Agreement”, “Enrollment Agreement”, etc. These are business contracts, enforceable in a court of law. If you see anything that makes you uncomfortable, wait… don’t join until you are SURE what you are reading. It’s also a good idea to look for a privacy policy to ensure that your name and information won’t be sold to a third party for other purposes. Using the Internet to Help You Go to one of the major search engines and enter the following: The Company’s name and the word “scam”. Then do the same using “complaints” and “lawsuits”. Also do a search with the owners name and the word “scam”, “complaints”, and “lawsuits”. Look for comments for legitimate complaints and not just comments from “Anti-MLM Zealots”. Check to see who registered the website domain of any new company by going to www.godaddy.com Scroll to the bottom of the page and look for the “WhoIs” link. Look for information that matches what you are seeing on the company website. Also look at the registration date. Most legitimate companies take months (and sometimes years) in the pre-planning stages. As soon as they choose a name for their company, one of the first steps will be to register that domain name so that no one else can. Go to the Better Business Bureau website. Most BBB searches are free. You want to look for complaints that have NOT been resolved. If there are more than a couple, it could mean there problems. Not every complaint the BBB receives is valid, but it can be a good indicator of how the prospective company handles their day to day business matters. Be sure to use the Advanced Search (not the Quick Search). Integrity Does the company have it? Do they stand behind their products, services, and their people? No outrageous claims or exaggerations. Does their customer service department answer quickly? Are their products shipped in a timely manner? Are the commission checks being sent out on time? Distributor-Driven  Does
the company make it’s decisions with the representative in mind
or the company in mind? Companies that are publicly traded are
sometimes worse than those that are not publicly traded.
Obviously, a publicly traded company has to answer to its share
holders first, not it’s representatives.Products / Services The most successful people in network marketing love their products. It is much easier to “share” a product that you really do use and enjoy. So you must have good things to say about your products or services. You must be a product of your product. Think about this, if you own X brand of gas station would you drive across the street to by at Y brand? Of course not! One thing to keep in mind when looking at companies is whom will the product appeal to? This is what is known as your target marketing. Not all products will appeal to everyone which is one of the reasons our warm market may not be a candidate for either our products or our business opportunity.  TrainingIs there some type of training provided either by the company or your upline? This can be as simple as conference calls, FAQ’s, or tapes, books, etc. Once you join, there will be a lot to learn – about your products, your pay plan, and how to build your business. It will be much easier if there is a system in place to help you learn all about your new business. Are there sales aids available? If there are, you’ll want to pick a few to start with. Does it have a Duplicable Business System? This is vitally important, but is missing in a lot of network marketing companies. Do they leave it up to you? Look for a company and a team that has a system in place that you can use from day one in your network marketing business. The sky is the limit! |
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| The Choice Is Yours.... Trading Time for Money = J.O.B. (Just Over Broke) or Creating Your Financal Freedom = Network Marketing |
| <<< How Does Network Marketing Work? | Understanding Compensation Plans >>> |