subject: Attention: Locating That Powerful Home Based Mlm Business Opportunity Is Not As Easy As You Might [print this page] If you are in the market for a powerful home based business opportunity, you have come to the right place to find the proper way to evaluate a prospective home based MLM business opportunity. Nowadays, there are thousands of companies to choose from and finding the right one can be somewhat of a daunting task. Just check any search engine for MLM terms and see what kind of competition there is.
With all of that noise, how is someone supposed to make the most powerful decision for their future? Before answering that question, let's dive into the basics of what you will want to find out about any prospective business opportunity.
There are three major things to be concerned with when evaluating a new company. First, you need to be sure that their product/ service is something that you are passionate about. Something you can see yourself marketing for a long time.
Next, when and how much will you get paid. Understanding some companies comp plans requires an engineering degree with so many pay levels. One thing I like to key in on is the amount of money paid on the front end for bringing in business partners.
Last, do your homework on the company itself. Have they been in business a while? Do they have a good reputation? Do they have any complaints? You are going to be investing a lot of time and effort into marketing this company and you want to make sure they are reputable.
Use these simple, yet powerful questions to analyze each prospective business you look to join. Doing so will ensure you don't end up as a statistic by making a poor decision.
You are ready for success, aren't you?
There is one major downside to most MLM home businesses. Let's get into what I am talking about a little more.
What is the number one reason that most people drop out of their offline MLM business? They run out of prospects. In order to combat that issue, tons of saavy marketers have taken their businesses online where they never have to worry about running out of leads.
The biggest reason for issues with marketing MLMs online is the lack of front end commissions. PPC is the way to go with online marketing where you never run out leads.
However, PPC takes money. It might cost you $3 per lead you generate online, and take 100 leads to generate 1 sale. Unfortunately, the way the comp plan is set up for your MLM, you only make $150, which has you losing as much to generate that sale.
I don't know many people who have enough money to lose $150 per sale. Most likely if they have the money, they don't need a home based MLM business opportunity anyway. It will take the average person 9 months to a year to generate enough of a downline to recoup their marketing expenses.
Doesn't sound like much fun, right?
An alternative to MLM is the D.S. model. It is the kind of business that allows you the power of marketing online the right way. Your reason for considering a business opportunity has to do partly with making money, right?
by: Eric McMillan
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