How To Find The Top MLM Companies
In recent years, the subject of MLM companies have become somewhat controversial. Multi-level marketing, usually referred to as simply MLM, has become tainted by unscrupulous individuals trying to make a quick buck using pyramid schemes. However MLM remains a reliable source of income. The key is to stick with top MLM companies with a solid track record. So how do you find these reliable companies and avoid the scams? Use these guidelines to help you choose…
1. Does the company have a unique product?
If you are going to be involved with an MLM company, you need to be sure that the product is something useful and that you would buy yourself. No matter how enticing the sales program is, if the product doesn’t sell, the company will not be around for long.
That’s one of the reasons why I’ve chosen Empower Network as one of my favorite MLM companies of all time. Not only are their products top notch but you don’t have to get on phone calls with prospects, you don’t have to have home parties, and best of all you can do everything online in an automated form.
It’s one of the simplest methods I’ve seen to sell in any MLM. They actually help you sell, which makes it even more hands off for you.
2. How long has the company been in business?
Unless you can afford to lose your investment, avoid companies that are less than 18 months old. While it is true that getting in early on a company that goes big can be extremely profitable, it is also extremely risky. Up to 97 percent of new MLM companies fold within 2 years. You want to ensure that the company you sign up with is going to be around for the long haul.
3. How trustworthy is the upper level management?
If you want to know if you are dealing with one of the top MLM companies, take a look at the executive team. You want to see names there that are well known in the investment world, and who have a reliable track record. If the head of your company is a seasoned financial expert, you can be sure that you will be in good hands.
4. Has the company been publicized in third party organizations?
A good MLM company will not go unnoticed. Look and see if the company has been talked about, especially in insider magazines and trade publications. Trustworthy newspaper reports are also a good source of information when investigating a company. If the only mention of the company is in literature they publish themselves, proceed with caution.
5. Is the product consumable or renewable?
If you want to ensure that your company is going to be around for a long time, look for one whose product is consumable. Subscription based products or ones that must be purchased continually are great investments because there will always be a demand. Repeat customers are far more profitable than ones who purchase once then disappear.
6. Does the product have wide consumer appeal?
The more customers that your product appeals to, the more potential buyers there are. Niche markets are much riskier, since there are fewer potential customers to choose from. Instead look for a product that appeals to men, women, and children of all ages.
As you can see you have a list of things you should consider when starting in an MLM. If you consider that Empower Network meets these criteria and then exceeds them, then you should find out what they have to offer. It’s one of the easiest MLM companies to work with. They provide products that are creame of the creame in the industry. They actually help you sell so that you don’t have to do all the heavy lifting.
In fact you never have to have a home meeting or talk to someone face to face or over the phone again if you don’t want to. It can be a totally automated method to succeed in MLM.
If any of this interests you then I urge you to click the link below, enter your name in the box and watch the video. It will explain everything. I promise you will be blown away.
Despite recent bad press, multi-level marketing remains a great investment opportunity. The key is to avoid the scams by sticking to the top MLM companies in the industry. When you have a great product backed by a reliable company, you can’t go wrong.