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Casper
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Joined: 27 Aug 2007
Posts: 274
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# Posted: 27 Oct 2008 23:34
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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.
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alexa
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Joined: 8 Sep 2008
Posts: 95
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# Posted: 28 Oct 2008 09:38
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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.
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mountainmom5
Joined: 30 Aug 2007
Posts: 1177
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# Posted: 28 Oct 2008 11:31
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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.
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...
I personally like the ones that have a variety of products, but have heard pros and cons of both options....
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pcwork
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Joined: 12 Aug 2006
Posts: 1627
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# Posted: 28 Oct 2008 17:40
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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
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Casper
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Joined: 27 Aug 2007
Posts: 274
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# Posted: 28 Oct 2008 18:45
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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.
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westfam11
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Joined: 8 Aug 2007
Posts: 430
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# Posted: 28 Oct 2008 18:52 · Edited by: westfam11
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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
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Casper
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Joined: 27 Aug 2007
Posts: 274
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# Posted: 28 Oct 2008 19:07
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westfam11: I prefer having a range of products as you are able to appeal to a wider customer base.
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Wyoming David
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Joined: 30 Oct 2008
Posts: 9
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# Posted: 3 Nov 2008 11:53
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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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