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Monday, 2 June 2014

How to decide which Network Marketing company to join?

Choosing the right network marketing company to join is very important. The number 1 criteria is the product. Network Marketing is a long term business venture. Hence, if the company has no good product which can sustain in the market, chances are the company will not last long in market. Many successful network marketers lose everything they have built when their company closes down. There are plenty of companies embark in network marketing business model just to get quick bucks. They don't invest any money into RND of their products. These companies simply use any generic product in the market and engage network marketer to build them a fortune. Remember, when you recruit people into your organization, you are putting your trust and reputation at stake. Choose wisely.

The 2nd criteria will be payment plan. This decides how you will be paid. While most network marketing companies have similar payment or compensation plans, there are a few which stands out. Learn these jargons well: Break Away, Vertical Compression & Horizontal Compression. Break Away is a No, No. A company that practises Break Away compensation plan basically has the right to "chop" off a certain part of your organization when "certain" criteria is not met. One example will be rank achieved. For example, one of your downlines has achieved Director Rank, same or higher than your rank, you may not be able to earn any commission from him and the rest of his organization unless you uprank. With such scenario you will be constantly trying to out rank your downlines. You will never be able to retire because the moment you stop there is a possibility that your downlines will over take you and you lose all the commission.

So remember these 2 criteria when deciding which network marketing company to join. The ranking of the company in Forbes are not so important. Joining big network marketing company does not guarantee you big result. In fact, joining not so well known but good company has the advantage as you will have more opportunity to build your network.


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