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10 Key Indicators of a Great MLM

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10 Key Indicators of a Great MLM

Postby kitsi avila on Thu Apr 16, 2009 5:06 am

10 Key Indicators of a Great MLM

1. Quality Product
Look for a company that has a proven, mainstream product line. Quality products are remembered long after gimmicks and fads have faded.


2. No Pass-Ups
You should look for a marketing plan that rewards you for your efforts.
When someone you sponsored excels in sales, you will be rewarded and not passed up.

3. No Demotions
A distributor should not be demoted due to inactivity of sales. Once you have been promoted to a certain level, you should remain at that level for life.

4. Bonuses Paid on the RETAIL Price of
the Product
Even though you only pay wholesale prices for your products, a qualitycompany will still pay your bonuseson the RETAIL price of the product.

5. Proven Financial Stability
The company’s sales chart should demonstrate their steady growth, sales figures and sales history,
ultimately projecting their future trends.

6. At LEAST 5 Year Minimum Industry
Experience
A well-established MLM will make it past the crucial first 5 years with solid management, a strong
business plan, motivated distributors and quality products.

7. Multiple Income Opportunities
A variety of income opportunities should be offered to you, along with the advantages of working on your own schedule, either part- or fulltime, and working from home. You should enjoy multiple opportunities to earn money, such as profit sharing and earned incentive bonuses.

8. Consumable Products
Consumable products help you to easily build a base of loyal customers wanting to regularly
purchase replacement products. An active consumer base is the key to a successful MLM and can only be built on QUALITY consumable products.

9. Extensive Support Network
Your company should offer extensive support, from training seminars and materials, to incentives and helpful staff, at the regional, national and international levels. Remember, your success directly affect the MLM’s success!

10. International Presence
A company with a multiple-year track record that is established around the world, shows growth,
reliability and quality products. Most companies that venture internationally are stable and have
ample industry experience.

Not all multi-level marketing companies
(MLMs) are created equal
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Re: 10 Key Indicators of a Great MLM

Postby Brent Rarama on Thu Apr 16, 2009 2:30 pm

Nice post! Especially point #6. I think it's absolutely crucial that the company has been established and has gone thru all the bugs and financial hurdles to be considered a good mlm. Too many people out there get into a company cause it's "ground floor". Ground floor has a lot of potential upside, but soooooo much downside to it. There's no doubt a good number of the people that have made it big in their company were in their near the beginning. But if it's a solid company and you're a good networker you can still make money in it after 10 or 20 yrs it's existed. At the same time I'm pretty sure there's been more people disappointed in joining a ground floor opportunity, then the people that have succeeded with it. I personally won't even look at a company unless it's been in operation for a bare minimum 2 years.
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Re: 10 Key Indicators of a Great MLM

Postby Dave Zuro on Thu Apr 16, 2009 4:51 pm

Great article! I agree 100% on all of these statements. I work with a company that has ALL 10 of these benefits, attributes & MORE! If you want to know what company it is, contact me! dzuro@att.net
1.- Quality product- my company is the 1st in the world to patent a food product. (In order to get a patent the product must be scientifically proven to be effective, unique and safe). We own half of the world's food patents!
2- No Pass Ups- You are directly rewarded for your downlines success.
3- No demotions- You do not have to consistently produce high sales volumes every month to achieve a recognized level.
4- Paid on the retail, not the wholesale- All earnings within the company are paid on the retail volume sold, not the wholesale!
5- Proven financial stability- My company is DEBT FREE! It is publicly traded on Wall Street so its financial reports are an open book for anyone to review.
6-5 years in the industry- My company is about to celebrate its 21st birthday!
7- Multiple income opportunities- You can earn $$ income 5 different ways with my company!!
8- Consumable product- Our products are consumable where the customers re-order every 30 days.
9- Extensive network support- We have the greatest support success system that is so simple for any new person. We host meetings and trainings twice a week in over 400 cities throughout the country.
10- International -We are currently in 14 countries worldwide.
11- ***The last attribute a great MLM company should demonstrate is being written up and acknowledged by professioanl magazines like Fortune 55, Forbes, BusinessWeek. Professional journals do their research and will put their stamp of approval on a company that has demonstrated integrity, leadership, innovation etc..
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Re: 10 Key Indicators of a Great MLM

Postby Tim Stephens on Fri Apr 17, 2009 4:06 pm

Hey Dave,

You forgot a couple of really important ones: The quality and character of the people who run the show.

1. Management, Management, Management!

and the other: Capital.

2. Money, Money, Money!

Debt free is great, but if they don't have operating capital it can be over before it starts.

Good luck in your Business!

Tim
A nauseating MLM statistic: 97% of MLM'ers make under $10.00 per week! Are you one of them? Learn how the big boys build empires: Sponsor Like The Pros!
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