Check Out Facts Before You Opt for Joining MLM Network
Check Out Facts Before You Opt for Joining MLM Network
It is quite possible that you have just attended a meeting with a friend or an acquaintance who has explained a fantastic scheme called Multi Level Marketing Network and it looks to you to be a God sent opportunity to earn a second income. After all who doesn’t like extra money coming in every month?. You are overwhelmed and wondering if the concept is really as good as it sounds and whether you will be able to do the job successfully. These are but natural questions that everybody is likely to come up with.
Apart from having to think of yourself, your goals, priorities and capabilities with regard to your ability to taking up this as a primary or secondary career, you will need to find out a lot many more details about the concept, the company, the product and so on to be able to take an informed decision. Before you decided to say a Yes or a No, it is important that you gather detailed information about the business to help you make that crucial decision.
Choice of Products to Deal With
If you are fairly comfortable with the MLM concept and feel that you can take up this selling opportunity, it is important to choose the right set of products that you would wish to deal with. Remember MLM is a selling concept. There are various companies and products that are available for you to pick and choose from. Depending upon your background and contacts you might choose a product that you feel can be sold easily.
Product Details
Then there is the question of the quality of the products that you have chosen that needs to be looked into. You will need to check the product information brochures to see the quality standards that the product meets with. It is also helpful to see who are the competitors and compare their products to understand which of the product is superior or inferior to the product that you have chosen to deal with.
With regard to the Product, there are several other things that need to be looked into before you say ‘Yes’. What is the value range of the product that you are considering?. Look at the market to see if the prospective customers are likely to accept the value range and buy the products easily?. What about the repeatability of the products?. Do the products lend themselves to repeat order? If so how frequently can you expect repeat orders?. Your findings will not stop here. Check out to see the product guarantee, warranty and replacement policy that the Company follows. Also check out the supply chain or distribution/delivery system that the Company follows. How easy and efficiently can you receive delivery of products from the Company ?.
Company Details
If you are happy with the product range that you have chosen, it is time to check out the history or the Company and collect all of the details that will help you make the decision. As far as the Company history goes, check out how long the Company has been operative in this business, study their past performance, and get to know the profile of the management team, their vision and future plans etc. More importantly get to know their plans and attitude towards their distributors and their commitment to the MLM business and network as well as their plans for the new business and products for the future. You wouldn’t want to deal with a Company that doesn’t have long term focus, expertise and vision in the particular business line that you are looking at. It is helpful to check out the associations and memberships that the Company has with the Trade authorities and Direct Selling Association etc.
Thought the list of number of things that you will need to check out before making up your mind to joining the Distributer Network of a particular MLM Company can be exhaustive, the above mentioned are but a few of the important points that you would need to necessarily cover in depth to help you take the right decision.
Last but not the least, you will need to get a complete and written understanding of the Terms & conditions of distributorship, of the income proposal as to how, when and how much the Company is going to pay and how they are going to effect the payments. All these details need to be provided in writing by the Company.
Armed with all the above information, take your time to study all details in detail, see how it suits you or how well you are suited to the concept and more importantly take advice from people who know this business and lastly, take your time to make your decision.