Is it really possible to make money online with network marketing? Well, there has been a recent boom during the last 5 years or so with more and more network marketing companies coming online. This explosion has boosted the mlm industry to new heights, and has done alot to give long overdue credit to the industry.
Long gone are the days of recruiting (”pestering”) friends, family and colleagues to join the next “big opportunity”. Although, face to face sponsorship is still an effective means of growing your business, we no longer face those limits. Now, today’s network marketer has the entire world available at his or her own desktop.
But, with so many mlm (multi-level marketing) companies out there, how do I find the good opportunities from the not-so-good? If you really want to make money online with network marketing, you have to look at three key factors:
1) How old is the company? The older the company is, generally means more stability. However, companies that are 10 years or older, generally are more saturated. This usually means it is difficult to grow a decent organization. Companies that are brand new (6 months to 1 year) are generally easier to grow, but they have yet to prove they can hold their own in the market. The key is to look for a company that is atleast 2 years old, but not over 10 years.
2) What is the product? Does the company have a unique product or idea, or is it just the same old thing that others are marketing. The mlm industry has more nutritional products than I can count, and it seems every week someone releases the latest “miracle juice” that “cures everything”.
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