Have you ever thought about using a MLM (Multi-Level Marketing) to start your internet company? A networking or MLM system is one where you can market products to earn money but you can also earn commissions from people you recruit to your “downline”.
With a MLM program you can work from home, require little money to start-up yet have a potential of making passive income for many years. The Internet changed how most MLM programs work. Now you can use web based promotional techniques to build a profitable downline quicker and easier than ever.
There are thousands of MLM programs and companies available today. You must be careful before choosing a system and making a commitment to it.
Build a Downline with a Good Company
(1) Are You Selling a Good Product?
People like being part of a winning team. Picking a company that supports and markets an excellent product is a great way to make sure that your business appeals the best people. The best people in a downline are pulled from the ranks of satisfied customers.
(2) Is the product affordable?
The more people who can afford the product, the more sales you and your downline can make. If the product is good quality but too expensive for most people to buy then you will have a tough time marketing it and your downline will quickly become frustrated and embittered.
(3) Is the Company Stable?
Is the company a start-up? Or has been in operation for over a year or two? The longer a company has been in business the better. Its products and downline system have withstood the test of time. After all Avon has been around since 1886 in some form or another.
(4) Does the Company have a Good Rep?
Let’s be honest, a good many MLM style companies have a bad reputation. Some pull in thousands of associates only to decamp and disappear in the middle of the night. Put your ear to the ground (forums are a great source of information) and listen to see if you are finding a lot of bitter former associates and angry recruiters. Yes, it’s using the rumor mill, but sometimes rumors are true.
(5) Show Me the Money!
Look at the compensation plan. Does it have enough upward growth to make all your work worthwhile? Look at it in a realistic light. Sure you could make a million, but look at the numbers can you really pull it off?
(6) Does the Company have Room to Grow?
Is the niche market that the company working in growing or is it in a field that is overcrowded already? How about it’s competition? Is the competition established or just another upstart? Does the company have a ton of members (associates or consultants) or are you one of first to join in your area?
When build a downline make certain you try and choose the best company you can. The better the company the quicker and more productive your downline will become.
To Your List Building Success,