Sunday, July 14, 2013

Multi Level Marketing Opportunities


A myriad of multi level marketing opportunities exist for those who are willing to invest time in building a new enterprise. From selling cosmetics, shoes, and jewelry to promoting discount legal services, skin care products, and pots and pans; network marketing enables hundreds of thousands of individuals a chance to start a money making business with very little cash investment. While most business startups and franchises require tens of thousands of dollars before owners can make a single buck; network marketers can usually begin a new enterprise with less than a $100 investment. That's because corporations which utilize a network of independent sales associates depend on volume selling. Many long standing reputable companies consist of a national and international network of well-trained professionals who earn a substantial income by recruiting other associates and building tier after tier of dedicated salespersons. In addition to recruiting down-line associates, middle-tier sales managers market quality products to consumers who are eager to buy or become associates themselves. Multi level marketing (MLM) is a multi-billion dollar worldwide industry; and its appeal for individuals seeking to potentially earn five- to six-figure incomes without a college education or exorbitant startup fees is phenomenal. Individuals can find multi level marketing opportunities by conducting an online search of companies or by word of mouth. Network marketers often pursue part time careers as independent sales consultants while holding down fulltime jobs. One only needs to browse through a workplace lobby or break room for catalogs and pamphlets placed by part-time MLM associates hawking cosmetics, apparel, legal services, or gourmet cookware. Surfing through the Internet will also yield dozens of sponsored links to multi level marketing opportunities. But before leaping headlong into a MLM program, individuals should take the products for a test drive. Order one or two products from an associate in the neighborhood or workplace and talk earnestly with them about the business and its potential profitability. Most reputable companies will have websites with frequently asked questions sections for those who are considering joining the organization. God's Word is able to reach individuals on any socioeconomic level and bring them into a saving knowledge of Jesus Christ. "For I am not ashamed of the gospel of Jesus Christ: for it is the power of God unto salvation to every one that believeth; to the Jew first, and also to the Greek" (Romans 1:16).

To become an independent sales representative in companies which sell products to consumers on a door-to-door or relationship basis, new program enrollees are usually recruited by associates who have worked in the business for a time and are familiar with both the products and the money which can be made with multi level marketing opportunities offered by the corporate office. Sales associates usually try to recruit consumers who buy products and express an interest in earning extra cash. Part of the new recruit's indoctrination process is to be brought into the company under a more experienced sales rep who walks the novice through the pros and cons of direct consumer selling, loading them down with catalogs, product samples, training schedules, and lots of encouragement. New and potential recruits are invited to attend meetings, which are more like pep rallies, designed to introduce them to the wonderful world of network marketing.


During company meetings, up-line associates, those who have spent years working their way up the corporate ladder, share testimonies of how easy it is for new recruits to achieve financial success with little effort or investment. Convinced recruits sign a flexible contract, pay a nominal fee, and agree to purchase a certain amount of products. As recruits sell the company's products, they earn a commission of 10% to 50% on sales. Up-line managers are usually compensated for each new recruit brought into the organization; and those mid-level associates who were responsible for recruiting down-line associates also receive a commission; hence, the term "multi level marketing." Ideally, multi level marketing opportunities have the potential to enable independent representatives to make big bucks as organizations expand vertically and horizontally. Multiply this domino affect of paid commissions and bonuses for every sale from every recruit and you have the potential for lucrative earnings from most available multi level marketing opportunities.


In theory, MLM looks as though it might be a fail-safe way to make extra cash or even replace a fulltime income. But, a lot of the success of any multi level marketing opportunity depends on several factors: a demand for the product; the ability of the sales associate to invest time, effort, and money into the business; and the kinds of monetary and emotional incentives the corporation is willing to offer sales associates. The kinds of products offered through network multi level marketing opportunities dictate how successful sales associates will become. Consumers are looking for a bargain, but they also want a high quality product. Companies which sell cosmetics cannot expect consumers to purchase watery creams and lotions or eyeliner that smudges easily or irritates sensitive skin. Most network marketing products are of superior quality and priced to give sales associates enough commission to encourage continued sales efforts.


The best MLM programs are those which pay the highest commission for the most in-demand products. Not all programs are legit; and thousands of people get bilked out of hard earned cash each year trying to get rich quick. Legitimate plans have earned a bad name due to a host of schemes developed just to rob people blind. Bona fide multi level marketing opportunities are often wrongly associated with pyramid schemes, which claim that thousands of dollars can be made just by joining the organization. Individuals should investigate companies by contacting local Better Business Bureaus or going online and searching for company websites. Legitimate MLMs will be approved by the Bureau and have an extensive product line with an emphasis on consumer sales rather than recruitment. If a prospective business checks out, it may be the best opportunity an individual has for making a substantial income with very little upfront investment.


 

No comments:

Post a Comment