“Best MLMs” is a term that many newcomers to the industry, as well as existing MLMers who are considering joining a new opportunity, seek when doing their research. In reality, this term is very subjective–what is important to the person who is offering the information may not be as important to you. However there are certain aspects of MLMs that are generally good indicators of the opportunity’s potential to grant you what you are looking for–here are some of them.
As an MLM distributor, you will earn money from the products you sell, so it’s fundamental that those products be consumable. This means that they are consumed on a regular basis. Good examples of these types of products are nutritional supplements, personal care items like make-up and skin care products, hair care, etc. Vacuum cleaners, or other long-life products are not generally viable. While you may make a lot of money from one sale, you will have to constantly be on the look-out for new customers in order to maintain a healthy income. With consumable items, you can continue to make commissions each month from just one customer.
This aspect of best mlms is rather controversial in nature. Some successful MLMers will insist that the best way to profit in network marketing is to get in on a launch opportunity. These are usually people who have already been successful with other companies and are interested in trying their hand at something new. However, new MLM companies are born every day. And new MLM companies die every day too. They are more risky, so make sure you do your research on financial backing, leadership, and team support before you jump on the bandwagon. A basic rule of thumb is to go with companies that have been around for at least five years.
This is another element of network marketing that can vary greatly from company to company. All companies will proclaim that theirs is the most profitable. Some are very complicated and difficult to explain, while others are very simple. A complicated payment plan is not necessarily better or worse than a simple one. However, it can prove a disadvantage in terms of trying to recruit members on your team. If you find it hard to explain how your potential downline can get paid, you will also find it harder to bring them on board. A compensation plan that is team-oriented is the best approach. This simply means that, if the better your team does, the better you do, then you are more likely to do whatever it takes to help them, and your sponsor will do whatever it takes to help you, which brings us to the last point.
Having a team or upline that is easily accessible is a definite criteria for best MLMs. This should be coupled with a modern approach to marketing which incorporated the Internet as an important business tool.