Legitimate Network Marketing Business
Filed under Internet Marketing
Network marketing is a brutal, unforgiving business if you do not do your own due diligence. In essence, choosing the right network marketing business is like choosing the right boyfriend or girlfriend in your life. Inevitably, bad choices will affect your finances and career in ways you will never anticipate when you fall in love for the first time (yes, it applies to companies you fall in love with as well!)
How does one differentiate between a legitimate network marketing company compared one that is not?. Most of the time, there are many grey areas and some companies stand on that thin line where it sounds legal but is in fact unethical!
Here are a few ways to differentiate a good opportunity and one that you must avoid at all costs:
Always do a thorough background check on the opportunity. Do they have a solid management team? Do the people in the company jump from one business to another? You must be very careful with this because if they uproot and move to another company or project, you will lose thousands of downlines overnight!
Is the company selling legitimate products? A litmus test of a good product is one that sells very well even at its retail price. Most companies will try and force a huge mark up on their products in order to pay out down to many levels in the organization but in actual fact, the product is only consumed by the people who are doing the business and are useless competitively when sold outside the network.
Would you still be consuming the products when the company shuts down or would you auction whatever is left off on eBay at a very low price? Do you really believe in the products? Or are you just using it because you are doing the business?
Do they require you to purchase a lot of inventory? Do they require your downlines to get lots of stock before anyone can earn money? Beware of those hit-and-run companies because they will disappear when the market hits saturation.
Is your upline member a network marketing junkie who treats the company as a fad rather than a long term business? It is better to join a team that is here to stay compared to one that moves from fad to fad. You will never know when your current upline might leave and will even pinch your downlines along to his or her new business so beware of whom you are allying yourself with.
These are all important areas to consider because you will be spending a lot of time and money with the company. So make sure you do your due diligence!
