More on what to look for in a Network Marketing Model/Product…
Posted on 17 June 2010
So on with the search. We are getting closer to knowing what we are looking for in a product. Statistics tell us that not everyone is a network marketer, we therefore need to satisfy these people with the product and also cater to those that are marketers. And remember, every single network marketing business that is not people and relationship driven will go bust, get a good product or service to sell and then help other people to reach their dreams. Remember what Zig Ziglar said “You can have everything in life you want, if you help other people get what they want.”
This is what you need to consider when looking for a product:-
But first, remember, this is all about people, and building relationships!
OK lets go!
a) Is the product and company internet based? It must be global, this is the new marketplace!
b) Is the product duplicable? i.e. Can you teach people to do this?
c) What sort of compensation plan does it have? A few pointers here:-
- Is there a limit to the number of levels below you? If there is, walk away from it, don’t get seduced by the nonsense of building wide. You cannot build relationships, real relationships, with more than five people! Remember you are their mentor and are helping them build relationships as well.
- Does the compensation change with time? Some compensation plans change after the first year. i.e. In the second year you only receive 15% of the commission that you received in the first year. You cannot build long-lasting residual income this way, you are continually having to sell, sell, sell, recruit, recruit etc. Walk away from these.
- Does the compensation plan require a certain number of people per level for you to earn? If it does, walk!
d) Can you place personally sponsored people where you want in your down-line?
e) Will the compensation plan work for the masses? i.e. Will it work for the average part-timers – people that just want to use the product and maybe introduce their friends to it.
Now that we have defined what we are looking for, we start looking for a company that has such a product…
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