Things to Know Before Joining a Network Marketing Company

[dulcepixels]

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I'm glad to see a bunch of people helping to educate others.

Mind if I share some insights? I'm the type who's skeptic but not pessimistic on this kind ofÂ* business. Whenever I have the urge to partner with any MLM business I look for these factors:

• A proven track record -Â* how many years is it established? 10,15,20 years or more? Is it accredited by notable institutions/organizations locally and worldwide?
  
• Stability - how much is its initial capital? Is it debt-free?
  
• Globally Competitive - how many branches all over the world? If i want to make it big, I need to have a broader market...and right now, the world is getting smaller and smaller each time.
  
• Transparent - are their financial reports ready for public scrutiny? Do they trade stocks? Real big companies are players in the stock market.
  
• Seamless Compensation Plan - how many levels are you compensated? How much percent?
  
• Educational System - do they provide trainings (products, skills, leadership, motivational, etc.) and support? The true beauty of a MLM company is they have leaders who helped their business partners/downlines achieve their dreams and success and train them to become leaders to help others also. It is by then, you will surpass your thirst of their compensation plan. Sadly, this is poorly implemented by some.
  
• World class innovative products - if I put my name on the line, then the products I'm selling should have an edge in the market... remember, you cannot sell garbage - twice.

What do you think are the other factors that you considered important in a MLM company?

Lastly, it boils down to this...on our way to the road of success, are we riding the right vehicle? Are we the right driver? The choices are within us.

Good luck to all of us...

[lhoi]

that's true! :mrgreen:

do your share in investigating...

stop making a mockery of existing companies...coz ul never know that the last laugh is on you!

[tearsforfears]

Somebody please enumerate existing MLMs here in Cebu that:

1. do not pay based on recruitment
2. has a unique line of products
3. can survive without recruitment
4. returns your investment in the form of products at the same exact amount you paid out
5. Has survived for more than 5 years
6. has at least at 50% rate of success of members, or members at least have a return of investment, not being shortchanged for P 500.00 or more.

[LytSlpr]

personally, nothing can replace conventional business practices. you always reap what you sow. not like MLM's that you plant a little and you harvest much but you don't harvest for life. more og a stint thing or one time big time. this is the reason why MOST MLM people jump from one MLM company to another.

that's why i never go for MLM coz i don't want to lose my friends. just my own opinion though..

[ashkael]

personally, nothing can replace conventional business practices. you always reap what you sow.

that's why i never go for MLM coz i don't want to lose my friends. just my own opinion though..

- yup! mas nindot gyud ang traditional business. :mrgreen:

[dulcepixels]

I guess you have a point but I think ma-OT ta ana dinhi if we will discuss traditional business further in this thread.

What other things do we need to know before joining a Network Marketing Company? Additional inputs from other networkers?

[ashkael]

Before joining a Network Marketing Company. Tan-awa ang ilang products and ask yourself mabaligya ni nako?? Product distributor mn gud ka ani kung mo-joun ka. Please don't join if they claim that you will make money through continued growth of your "downline" -- the commissions on sales made by new distributors you recruit -- rather than through sales of products you make yourself.

[tearsforfears]

personally, nothing can replace conventional business practices. you always reap what you sow. not like MLM's that you plant a little and you harvest much but you don't harvest for life. more og a stint thing or one time big time. this is the reason why MOST MLM people jump from one MLM company to another.

that's why i never go for MLM coz i don't want to lose my friends. just my own opinion though..

I agree. Allergies exist in business. Friends can become allergic to you when you "************ INVITE************" them.

It's actually the best way to lose friends without being rude to them. So if you want to lose friends, go the MLM way

[prime]

well, it really depends kung unsa nga company dad on nimo imong friends...what if you helped that friend of yours ?

anyways, there are reasons you have to know before joining an MLM. and hopefully, you will land on the best MLM there is...

kadtong ilang giingon nga dili magdugay is the BINARY SYSTEM nga MLM, nganong dili modugay ? it's because they only earn when someone joins, wala silay repeat sales every month.

Basta be very vigilant to those type of companies.

To all Networkers:
It would be best nga dili mo magsige ug balhin ug mga company para maka una mo...and if you are in a binary system nga company please do open your eyes kung unsay naa sa inyong company...get out of the box para makakita mo sa bigger picture...

Remember, we can not please everyone to join MLM so if naay mga tao nga dili ganahan then don't spend your time on them kay dili man na sila mao atong gipangita ug dili pud ta mamugos

[tearsforfears]

You may have a very honest-to-goodness intention pag-apil nimo sa MLM, pero what if ang company nga imong giapilan mismo ang nangilad? What if ang mga uplines sa kinatas-an, gikan sa laing company nga namalhin kay wa nay ma-recruit?

And please enumerate at least 5 MLMs (binary or not) nga kusog lang gihapon sa Pilipinas after 5 years, mas kusog mo-market sa product kaysa advertising. Pananglitan, ang Igen, mas kusog ba mobaligya ug Nestle kaysa Department Store og grocery stores?

And can you please name at least 2 non-binary MLMs nga gawas sa ubos ang presyo, buhi pa gihapon sa market for the past 5 years, unya ang mga members, nagdawat ug "RESIDUAL INCOME" as they claim? Kay kada MLM ra ba, magsige ug hisgot ug residual income, opportunity for life blah blah blah. Pero ang life diay kay 6 months ra. Kapoy sigeg pangilad og pangatik.

Samot pa ra ba nang mga online marketing schemes karon nga very thin line ra ang gaseparate sa spamming.