MLM Enquiry

Discussion in 'Network/Multi-level Marketing' started by Casper, Oct 27, 2008.

  1. Casper

    Casper New Member

    Hey everyone we all know that most of the MLM's out there today have a lot to do with the Health & Wellness industry so I thought I pose these interesting questions which company has the widest range in products & which one offers the best compensation plan.
     
  2. alexa

    alexa New Member

    Remember, Casper, that some of the most successful MLM's with the biggest average incomes for distributors are the ones with the narrowest range of products.

    Companies like Xango and Monavie, which started off as one-product companies (and in Xango's case traded and flourished for 5 years before introducing a second product), are the industry's true success-stories, some of these companies can achieve a billion dollars in sales surprisingly rapidly, proving that there's overwhelming public demand for their products.

    Also, the "best compensation plan" is a difficult concept, because it's really subjective. Different comp plans suit different types of people. But remember that the ones with the highest payouts are almost invariably the ones that don't survive. When you're a distributor for an MLM company, the most important thing of all from your perspective is that the company makes a profit and continues trading. The proportion of new MLM companies that survive their first 2 years is frighteningly low, and many of the ones that disappear are the ones that had the highest payouts.
     
  3. mountainmom5

    mountainmom5 Gold Member

    lol - everyone that is in an mlm plan will tell you that their company's is the best.... and that they have the best compensation plan.[​IMG]

    Actually - I would do some research and find some that have been going for several years and even then that will not tell you everything.

    Amway has been going for as long as I can remember - has a variety of products and you will be hard pressed to find a lot of successful people in it - actually most times when you hear the word escaping someone's lips, it is more like a swear word...[​IMG]

    I personally like the ones that have a variety of products, but have heard pros and cons of both options....
     
  4. pcwork

    pcwork New Member

    alexa: The proportion of new MLM companies that survive their first 2 years is frighteningly low, and many of the ones that disappear are the ones that had the highest payouts.
    That should be the most important consideration for selecting an MLM company
     
  5. Casper

    Casper New Member

    When I come to think of it sure some MLM's that do have the narrowest range of products can be successful but I also try and think on a consumer level when it comes to business & I often ask myself if I was a consumer would I use that particular product.
     
  6. westfam11

    westfam11 Member

    I prefer having a range of products as you are able to appeal to a wider customer base.

    I don't know about a lot of different compensation plans but I am happy with one that has a Cooperative Marketing Business Model where the customers are the top focus and not the distributors.

    Becky
     
  7. Casper

    Casper New Member

    westfam11: I prefer having a range of products as you are able to appeal to a wider customer base.I totally agree with your comments a wider range of products means that you can have more freedom when marketing your products.
     
  8. Wyoming David

    Wyoming David New Member

    Hi All,

    Alexa is a very wise person. I agree with all of what she says.

    If I may add - You really need to search your heart and passion, if you are not totally on board with the product and the company all else is irrelevant.

    D
     

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