How to Start a Network Marketing Business In The Philippines
October 3, 2011 by admin
Filed under Network Marketng
Interesting article on how to select a network marketing company byStone :
Locate a network marketing company that you would like to join that offers the products that you want to sell. Make sure that the network company has been in business for at least five years. Check the Better Business Bureau to make sure the network marketing company is legit.
I always feel that one must do his or her due diligence when choosing to go into business whether it be traditional business or network marketing.
Here are 6 main steps to follow to see if your business is good enough to stand the test of time:
A. The Products: Always pick products of the highest quality. Do your research and look for third party publications on product comparisons. Don’t just go for distributor or company endorsements. That’s not good enough.
B.The Company: Research to see if the company has been in business for over 5 years. Is it transparent? What I mean by this is, is it publicly traded. Can you quite easily get to view its financial records for the last 5 years. How has it been performing?
C. The Business Plan: Is the compensation plan easy to understand? Can a new distributor make income in their first week and is it simple to follow the system to earn extra income from home. Is there money for high achievers as well. You want a business that attracts both ends of the marketing force. Are you being paid at industry levels for the work you are to do by way of commissions. Is it fair.
D. Training & Support: What is the level of training and support. Is it all in house or can you access it on the web as well. This is important if you are considering a global business.
E. The Timing of both the Industry as well as the Company. Both must be growing at good rate for you to succeed.
F. You: Finally the deciding factor is you. Are you prepared to put in the effort to make your home based business a success.
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