Choosing the Wrong Network Marketing Company
There are quite a few network marketing companies out there. Some have a
long history like Avon, Mary Kay, and Doterra of delivering quality
products. Other companies are not as transparent, and they do not have a long
history to back up their reputation.
It does not mean all of them are bad. It does mean that some of them are not
transparent and could be selling you on an idea that is not going to work out.
The amount of research you do is going to determine your success in network
marketing. If you do not fully research the company, you could end up losing
money instead of making it. Rather than put yourself in that position, here are
some things to ask when viewing a company from a business aspect:
1. How long has the company been in business?
2. What is their marketing plan? How do you sell goods, what do you start
with, and how much advertising do they do?
3. If there is an affiliate part to the network, i.e. recruiting members that
are under your representation, what are the incentives? Do you earn
bonuses if you make certain sales? Mary Kay used to provide a new car
to their salespeople if they reached a certain mark. The mark was both
for selling products and recruiting new members.
4. Are there already representatives in your area? How many people work
in the same location? Does the market warrant another person selling
the same products?
5. Do you have a market you can sell to, even if there are too many
representatives marketing the same products?
6. Are there any Better Business Bureau complaints? Any news articles
against the company? Is the news mostly positive?The answers to those questions are going to determine if your endeavor is
successful. Companies that want to hide the truth or do not provide enough
information at the beginning are usually not giving you the best opportunity.
If there are too many complaints about a company, there may be issues. No
business is perfect, but you do not need to set yourself up for failure due to
the wrong choices.