Network Marketing Recruiting Secrets Revealed

In this article, we’re going to cover how you can maximize your network marketing recruiting efforts while dramatically increasing the retention rate and overall performance of your downline. I am not going to sell you on anything whatsoever. I am not going to attempt to convince you to join my opportunity and I am not going to hold anything back on what you need to do to be successful. This information is my gift to you with absolutely no strings attached. Why I am giving this information away for free? My satisfaction comes from knowing that I have made a difference in the lives of people that are struggling with a home-based business opportunity and I know how that feels. It also means that my chosen industry of network marketing will continue to be respected as a viable and logical alternative to conventional business and employment.

As you find yourself understanding the principles I’m going to outline, you’re going to have a clearer picture of exactly what you need to do to make it to the top of your company’s compensation plan. Many of these secrets will doubtlessly be very scary to some people. However, if you’re the kind of person who is ready for success, you’re going to benefit from this information by leaps and bounds.

The cornerstone secret to recruiting for your network marketing opportunity is integrity. As obvious as this sounds, there is much more to it. When a person is recruiting for their network marketing opportunity they don’t set out to give their prospects the wrong idea of what network marketing is (I least I hope they don’t) but what sometimes ends up happening, is that their level of excitement coupled with a misunderstanding of what network marketing is and is not, ends up leading their new independent representatives down the wrong road. This leads to frustration and ultimately ends with a collapse of their downline. With the knowledge I’m going to give here, you’ll be able to avoid this unforeseen pitfall.

I have been hugely successful in network marketing, but it took many trials and errors before discovering how to succeed in this lucrative business, as well as how to keep people in my downline and help them succeed. In one opportunity I was able to recruit at least one person a day starting from day one, but I found that they would soon fall off out of abject frustration that they were not able to produce the results I was able to. At the time, I didn’t clearly understand what I was doing wrong but over the years the secrets to network marketing success have slowly been revealed to me.

What can you do to make sure that when you’re out recruiting for your network marketing opportunity that people will stay involved and that you’ll be successful? You must understand exactly what network marketing is and who actually makes it to the top of your company’s compensation plan.

Here are the secrets that you’ll need to know and that you’ll want to cover with your current downline and future prospects:

Network marketing is neither a job nor a get rich quick pyramid scheme. This may seem like a no-brainer like many of the other secrets I’ll be going over, but bare with me and I’ll explain the reason why this fact can be so deeply forgotten or misunderstood that the obvious becomes hidden. Understand that most people-even after they’ve heard your presentation about starting a home-based business-still may not fully understand what huge differences rest between a home-based business and a job. People who enter your organization who are stuck on job-think will have put forth the investment to get started and yet they mistake the independent representative application with a time-sheet for clocking in to work. At many jobs, you clock in and regardless of whether you do anything or not you will still get paid (so long as you’re not caught slacking off too much). When a person is running their own business they will make absolutely nothing unless they market their business. Once you grow your residual income and the momentum of your downline, then you can relax…and do it quite comfortably! However, initially it’s going to mean working hard…very hard. You’ve probably noticed the strange phenomenon that almost every single network marketing company has someone somewhere complaining that that particular company is a scam, yet your company probably has outstanding products or services and they probably have oceans of people who are making money and who are excited about being involved. Pyramid schemes are illegal, and if a company is found to be a pyramid scheme it is quickly shutdown by the government. So why do some people seem so unhappy with network marketing? This is the secret that fast food companies, recliner chair manufactures, air conditioning manufacturers and insurance salesman figured out. The average person wants satisfaction right now. The average person will always opt for the most relaxing position in life. The average person doesn’t want to sweat and the average person wants to be assured that so long as they keep doing the same thing every month, the money will be there. Unfortunately, if a person has not been properly informed about what it really means to own their own home business, they will likely give up and join the naysayers. To be successful in network marketing a person must be patient as they work each day to build toward their success. They must be willing to step outside of their comfort zone. They must be willing to sweat a little by taking a chance on their own self-determination and they must realize that the size of their network marketing paycheck hinges not upon clocking in, but the courage to face down every rejection while moving with excitement and urgency toward the manifestation of their dreams. Yes, it is hard work. However, the upside to network marketing recruiting is that if you’ve been trained by a quality company, or upline leader in your opportunity, you’ll find that working hard in your network marketing opportunity can be fun and exciting.

Network marketing success hinges upon hard work. A person cannot buy their way to top of a network marketing opportunity, it must be earned. Yes, it is possible to make it to the top of your company’s network marketing compensation plan by simply buying every prospect that you talk to a starter kit out of your own pocket and paying for all their customers (which would take a whole lot of money and very little work), but even if a person has that kind of money to waste, they’d find that their downline would collapse. The absolute only way anyone every makes it to the top of a network marketing opportunity and sustains and continues to grow their massive downline is by making a commitment to do network marketing recruiting the right way and by nurturing their downline. Nurturing your downline means being available to help them grow their own organizations. Recruiting the right way means putting your nose to the grindstone; putting your best foot forward to attract and present your opportunity to the right people, and never, ever, ever letting up on your success. If I told you I’d hire you for a job and that it entails working extremely hard almost every day of every month and that your reward will be to that get to work like a dog for many, many more years to come, would you take the job? Most people have agreed to that. Would it scare you if I told you that you’re going to have to work extremely hard over the next year to four years in your network marketing opportunity, but your reward will be that you’ll be able to walk away from your job, would you stick with your opportunity? If you answered “yes”, then lets proceed…because you already possess the characteristics that are at the nucleus of what makes top producers tick (courage and self-determination).

Network marketing recruiting takes a highly-motivated and disciplined personality. This means that a person must have the discipline to monitor their level of motivation and if they ever find themselves falling below optimum levels of excitement, they will immediately do whatever is necessary to change course. That could mean taking the time to watch your company’s opportunity videos again and again everyday, so that you’ll have a fresh feeling of excitement and be motivated to make it happen. It could mean making a “success collage” created out of pictures of the places you want to go, the kind of house you’d like to live in or the kind of car you’d like to drive. It could mean calling up your upline leaders for some uplifting advice. It could mean consistently listening to motivational speakers, playing their audios at home and in the car or watching their videos on YouTube. To reach your success goals you must be motivated. To be motivated you must be excited to make it happen. Excitement is contagious, and it’s the single most powerful ingredient for network marketing recruiting success.

Network marketing is not a pyramid scheme. People at the top of a network marketing organization do not necessarily make lots of money. What? Bare with me because this is another secret that might sound scary to some people but as I explain it you’re going to begin to understand exactly why you should be excited about this simple fact. Here’s how it works: If Alfred recruits Bob and Bob recruits Cassandra, we can imagine them in a straight line from top to bottom (A, B, C) with Alfred standing at the top of the organization, Bob standing on the level below him, and Cassandra last. Alfred goes wild, puts his nose to the grindstone and makes things happen. Cassandra is off the charts with her network marketing recruiting efforts; she’s always excited to talk to people about her opportunity and ends up building a massive organization. If we’d look back at Alfred, whose standing at the top, we’d see a massive organization below him due to his own efforts and multiplied by Cassandra’s diligence and hard work…but what about Bob? Bob only recruited Cassandra, he decided he’d stay involved because he loved the products and services, but he didn’t get promoted to any kind of prestigious title in the opportunity’s compensation plan. Why? Because network marketing isn’t a pyramid scheme and it isn’t a job. In a true network marketing company you can have someone above you who makes less money than you do. The percentages and bonuses you earn in a true network marketing opportunity are based upon your earned position. The keyword here is “earned”. If a person does not acquire the customers or independent representatives that they need to quality for their opportunity’s higher earned position they’ll earn a bit more money from the efforts of someone like Cassandra, but it will be pennies compared to what Cassandra earns herself. Yes, Bob is at the top of the huge organization but it’s Alfred and Cassandra who are making the real money, and rightfully so. In a conventional business, whether large or small, a person’s job position in the corporate pyramid linearly dictates how much money they make. In almost every case, in a corporation, the people at the top make the big bucks and the people at the bottom make much, much, much less. Network marketing rewards the people who are hungry for success regardless of where they are located in the organization’s structure. Think about that.

You have to talk to people. This one also seems completely obvious and because of that I never saw it as something I had to point out in my early days of network marketing. Due to leaving this out, many people in my downline would complain that they weren’t making any money. I couldn’t understand what was happening, but now I can share this with you: To be successful in network marketing you have to be willing to talk to people and share your opportunity in as many different ways as you can possibly think of. Have you put the link to your opportunity website in your email signature? Have you sent a short, gentle but excited announcement to every person you can think of, informing them that your home business is open for business? Have you made a YouTube video proudly and excitedly talking about all the neat stuff about your opportunity’s products or services? Do you have the courage to give a brochure or a DVD to a complete stranger? Make a commitment right now to inform your downline that to be successful in their own home-based business they must let as many people as possible know that they’re in business. Reveal to people that the secret to making money in network marketing is talking, and those who keep on talking are the ones who make it to the top.

The average person will not get rich with network marketing. This fact sounds pretty depressing when you first read it, but let me ask you: Do you consider yourself an average person? I can already answer that question. No, you are not an average person because if you were, you wouldn’t be reading this. An above average person is willing to take the time to invest in themselves and you’ve invested in yourself by seeking out knowledge that you can use to propel your business forward. Read this network marketing recruiting secret again and realize that it doesn’t have anything to do with whether or not you are going to be hugely successful in network marketing. You must refuse to be average. You must refuse to back down or give up. The average person is not self-motivated or excited about putting in hard work even if it means literally changing the future history of their family tree. Therefore, yes, it is an absolute fact that the average person in network marketing will only make a little money or no money at all. The average person doesn’t have anything to do with you or what you are capable of. You have made it this far. I have gut-checked you over and over, and you’ve made it this far. Are you going to give up or are you going to take the bull by the horns and prove that I am right when I say that you are not just another average person, but an above average success story in the making?

You must not be afraid to sell. A person must have no fear of the word “salesman” and no dread of the concept of “selling”. There are life-saving devices in hospitals because a salesman had the courage to stand by his product. If you know someone whose life was saved by a defibrillator, thank the doctor, nurse or paramedic…and don’t forget the salesman who sold their hospital the unit. If someone asks, “Are you trying to sell me something,” respond with excitement, “You bet I am…and you absolutely have to take a look at this!” Salesman are the highest paid people in the world. Why anyone would not want to be a salesman beats me. However, in network marketing you are selling your products or services but you are marketing your business opportunity. Successful network marketing recruiting means knowing the difference between these two areas of your business.

Successful network marketing recruiting doesn’t mean chasing people. Now that we’ve moved beyond the word “salesman” we can get to the pinnacle of network marketing recruiting secrets. In terms of getting people to sign up for an opportunity, a person must understand that successful network marketers do not sell people on an opportunity. You sell people products or services and selling them on a product or service means that you might need to convince them that it is superior to the competition or that it is otherwise something that will enrich their lives. Successful network marketers do not sell people network marketing opportunities, they market them. Marketing means inviting and inviting means we’re giving out invitations. An invitation, although it can certainly be an open invitation, typically means that a person has been assessed and selected to participate in an event or organization. I have absolutely no interest in chasing anybody to do anything. I will invite them. I will market my opportunity by letting as many people as possible know that the opportunity is here; that it exists, but it’s up to them to accept or reject the invitation. To be successful in network marketing a person must grow an awareness of the existence of their opportunity and let people make up their own minds. Almost everyone I had to convince to make an investment in themselves didn’t make any money no matter how much I tried to help them. I found myself not wanting to help them because they were so negative and required too much of my energy to motivate. On the other hand, those who are invited to watch a DVD, invited to listen to a business opportunity briefing or invited to click on a link, and who decide to get involved, are the people you will want to help make it to the top with you…and they are the ones who are going to help you get it to the top!

I’ve given you the knowledge that I wish I had years ago. Now it’s up to you to dig down deep within yourself and find the courage to make it happen.

Five Traits You Should Have As a Network Marketer

Well, becoming a network marketer is very easy! You just have to make people join your team. If I ask you how you are going to do it, what will you answer? I think, this time it does not look as easy as it seemed before. Actually, anyone can be a network marketer even the cleaner or janitor; but not everyone can show impressive performance in network marketing beyond their own circles of friends and family until and unless they have the passion, endurance, appropriate selling instinct and belief in their success. Most network marketers step in this industry being amazed by the success of others. People who have been successful in the industry have gone through a lot of hardships. However, this success can also be yours if you know the other side of the coin.

The key problem is, most network marketers out there are not sure of what they are marketing, to whom they are marketing and how they are marketing. Clear idea about these stuffs makes the real difference between successful and failing network marketing. You should know that your company, products or plans are of least interest in network marketing. It is you who is the brand. You have to market yourself. People are likely to join individuals whom they know, trust and like. Keep it in mind that people out there are searching a system or leader who is trustworthy and help them achieve their financial objectives.

Trends have revealed that most of the high earning network marketers have some distinctive traits. You may already possess some of them, but even if you don’t, the good news is that all of them are obtainable with training, and to attain success you need to do more than just pay lip service to these areas, because they are keys to either doing badly or earning a high salary.

How to Speak So People Listen

A successful network marketer knows how to speak so people listen. If you don’t know how to talk, you’ll never be able to reach your clients. You must speak in a way that matches your client. If you speak fast and your client speaks slowly, they will not pay attention; similarly, if you speak slowly and they are fast, they will switch off and not hear your words. Pay attention to your body language, because people use visual clues to give meaning to your words. Do not mumble, speak understandably and loud enough to be heard without yelling or raising your voice too much.

The tone and how you change your words give your speech a more interesting slant that grabs attention. Emphasize some words, raise and lower your voice, so that your speech pattern varies. Listen and respond to what has been said to you, and maintain eye contact, particularly if you are in a one to one meeting.

Try to avoid filler words such as um and ah. They sound as if you are not confident, and if you are not confident in what are you are saying, then you will not get people to listen to you. Try to project enthusiasm and energy when you speak, but take a lot of breaks, let people digest what you have said and give them time to respond, do not over talk. Personalize your words; make them relevant to the person or people you are addressing specifically, not more generally to any old person in the street.

The major problem for any person willing to become a network marketer is that communication skills are a pivotal area; if you do not possess the speaking and listening skills to connect your audience, you will not sell your services. If your skills are not yet up to scratch, take courses and study anyone who you find interesting to listen to, and analyze why you are willing to listen to them.

The Power of Persuasion

A successful network marketer knows how to persuade people by being able to move and motivate them. In order to motivate someone else, you will need to learn how you are motivated. If you do not know what motivates you, how can you motivate others?

To become a successful network marketer, you must have the capability to motivate others. You will never be able to succeed in your task, if you cannot get others to follow your lead. Part of this is learning to read how others react to being directed in what to do, and then adjusting your lead to make it a natural joint effort, rather than being forced in to following you. If you are a leader, you are helping others do what you want them to do, but getting them to take responsibility and task on for themselves, because they want to succeed. Recognize and reward any interaction, give people the chance and confidence to take on board the task they are being able to do, talk through doubts and help them find the solution without giving it to them.

You will want to keep your leadership and motivational skills up to date, because they are important and if you keep refreshing and updating your skills, you will not fall in to bad habits. Motivation is about empowering others to do it for themselves.

Overcoming Fear of Rejection

A successful network marketer knows how to overcome their fear of rejection. Being a network marketer is all about trial and error, there will be a lot of failure, it’s not an instant success. There are always going to be a lot of people who are not interested as well as those who will be interested. Fear of rejection can have a negative impact on your performance. You will need to recognize that it is normal to find a situation intimidating, but the key is to recognize how you feel and then rationalize it. If you let your nerves win, you can guarantee you will not be a successful network marketer. If you understand that your feelings are something you can conqueror, you will. Rejection is rarely personal; you will need to develop a lot of self-confidence and a thick skin. There may be many reasons as to why they rejected you and you as a person are probably very low on that list. You could have approached the wrong person, they might have had a bad day, you caught them off guard, and they were still thinking about something else. Your success rate will be higher if you are able to brush off rejection and try again. The next person is the big contract, believe in yourself.

The Importance of Perseverance

A successful network marketer knows how to get through to reluctant buyers. You will meet a lot of reluctant buyers, and your job is to convince them that you are the solution. It is not a simple or easy task. You will need to keep working hard, and you will have to refine tactics for persuading them that you really are just what they are searching for. They meet a lot of people out there who are trying to convince them. So set yourself out. Ask what they want, not what you want to give them, and then show why they should pick you up. In order to become a network marketer, you have to give what your client is asking for. If they are hesitating, it is you who have to instill confidence in them. So you need to influence them and do not give up too soon. Hesitating is a sign that you are in with a chance, it is up to you to take it and show you are the right solution.

Being a Lifetime Learner

A successful network marketer knows how to be a lifetime learner, always creating new opportunities and looking for new ways to improve, you will need to keep going on courses, spot the latest trends, and make sure you know how to exploit them. You have to keep yourself up to date with the marketing side, with selling techniques which are refined over time, and with the latest technology. Look at how people interact and then how you would like them to interact and find ways of achieving that. Always look to the future, what you will be doing in two years, five years, and ten years.

A successful network marketer is willing to keep looking at the skills that he or she possesses; the ones that are not so strong, the network marketer works on them. You will need to make sure that you are not overconfident and over bearing; your clients want someone they can approach, who will motivate and lead them, who is friendly and easy to talk with. They need someone who is an expert and can show that expertise. They want the confidence and reassurance, and they want answers, which you can give them. People do not like to be bossed about or told what to do. They want to feel that they are in charge and if you do your job well, you will get repeated businesses and generate word of mouth effect that will help you grow. Your client wants to be the most important thing in the universe, and when with them, you must make them feel nothing else is more important. Keep learning, keep evolving and most importantly, enjoy your work to become a brilliant network marketer.

What Constitutes A Good Network Marketing System?

Every month tens of thousands of people invest their hard-earned money to join a network marketing company with the hope of earning a few extra dollars working part-time from the comfort of their homes.

By the end of their third month in business, 70% or more pull the plug and quit; often in worse financial shape than when they started. That’s a sobering and unfortunate fact. It’s also a fact that it doesn’t have to be that way.

The most important difference between those who fail and those who succeed in network marketing, is that successful people have found, and applied, a good network marketing system that makes the work involved much easier and more efficient.

A Network Marketing System is More Than Tools

To be sure, effectively using a variety of marketing tools is essential, but a collection of tools is not a marketing system.

A good network marketing system will employ a number of different tools in a fully integrated series of processes designed to achieve a measurable result.

As an example, many network marketing companies provide DVDs or access to an online video presentation or webinar that has an awesome presentation about the company and the products to help distributors enroll their prospects in the business.

Handing out the DVDs or sending people you know to the webinar is a very good way of introducing them to the opportunity and generating interest. But you need to do more. By themselves they do not constitute a network marketing system.

No matter how good the information is in those presentations, people are not going to enroll themselves. All the tools do is help inform them about the products and the business. Your primary goal in using the tools is so you can follow-up with people who want to learn more about your products and opportunity.

You must also have a system in place for finding other people who may be interested in your products or opportunity. If you are like most people, your list of friends, family and acquaintances is too limited to build and maintain a successful network marketing business.

You also need a method to collect their information so you can expose them to an informative presentation about your business. And then you need a way to follow-up with them after you have them on your list.

In short you need to integrate your tools into a network marketing system that allows you to generate leads, inform those leads about your products and opportunity, and follow-up with them so you can eventually enroll those that are interested into your business.

The Essential Elements of a Network Marketing System

A system can be defined as a sequence of processes designed to produce a particular result. The important processes are generating leads, informing, prospecting and enrolling.

Lead Generation

Priority number one for a good network marketing system is generating leads. Without leads you won’t have need of the other steps. Lead generation involves a number of coordinated steps as outlined below.

Targeting

You start the lead generation process by performing keyword research using market analysis tools to find a target audience with an expressed need for your products, services or opportunity. You might be looking for “stay at home moms” who want a way to make extra money from home, or if you market weight loss products, someone looking for a way to lose weight.

By using a search engine keyword research tool like Google Keyword Planner, you can establish which words and phrases people are using to find information in your selected niche. In the example of someone looking for ways to lose weight, they might be typing words like “diet”, or “how to lose weight” into their search bar.

You can also use the keyword planner and other tools like Market Samurai to assess how much competition there is for those keywords. You need to know how many web sites, blog posts, articles and perhaps ads are competing for those keywords.

Your goal is to find words or phrases that are closely related to your product or opportunity and are used frequently in online searches each month. Competition should be moderate to low.

Creating Content

You need to create content and then ensure that it is seen by your target audience.

Write articles or shoot videos in which you discuss the problems people are hoping to solve and the way in which your products or business can help them. The articles have to be relevant and provide good information.

You then submit your articles to various article directories, blogs and social media sites and publish them on your own blog or website. However, there’s more to this process as well. You have to get your material noticed by the search engines like Google, Bing and Yahoo.

Attracting Attention

To get noticed, your content has to appear on the Search Engine Results Page (SERP) for the various search engines. You want to get onto page 1 of Google, preferably in the top three. Optimize the content using the keywords you selected in order to show the search engines that your article is directly related to the searches being made.

Then you have to promote the article, video or other content using various off page optimization tools and techniques. That is basically accomplished by having many other websites linking back to your article or backlinking.

Collecting Contact Information

There’s one more critical thing you must include if you are to generate leads. Instruct your visitors as to exactly what they have to do to get further information. You must make it easy for them to give you their contact information.

Include a link to a capture page that allows them to leave their name, email address and perhaps phone number so you can send them to the information about your products, services or opportunity.

You now have a lead! But now the real work starts. A good network marketing system will now move you into the prospecting process aimed at converting leads to sales and distributors.

Following-up

Direct leads to the information and continue to correspond with them via email and/or by telephone. You continue to correspond with them via another important network marketing system tool, your autoresponder system.

Maintaining contact over an extended period allows you to establish a relationship with your leads and begin the prospecting process to determine if they are good candidates for your business.

Mastering the follow-up and prospecting stages is critical to network marketing success. Done correctly, it will convert many of your leads into paying customers and team members for your opportunity.

By now I think it should be pretty clear that it is essential to have a series of tools that work together as an integrated system in order to have success in network marketing.
Your network marketing system is a step-by-step process from the research to lead generation and onward to prospecting and enrollment. If you miss a step or don’t have the proper tools, chances of success are limited.

Consider A Turnkey Network Marketing System

You can spend a good deal of time and money purchasing marketing tools, learning how to use them and building an integrated system from the ground up. That’s one way of doing it.

A better approach that will take your business to a higher level in a shorter time is to utilize an integrated network marketing system that has already been tested and shown to produce the required result.

Use a system that other very successful people have used to produce the results you want. Follow the leaders because success leaves clues. Find out what they have done and just duplicate.

For my recommendation on a tested and proven system be sure to check out my personal information below.

I’m Terrence Neraasen. I work from home as an internet and network marketer. I struggled and spent a lot of time and money learning what it takes to be successful in this business. The traditional approach to network marketing never appealed to me, so I turned to the internet early in the game and found what I was looking for. My goal is to help you over that hurdle as well.

Building a network marketing business is neither simple nor easy, regardless of what many leaders tell you. The fact is most people cannot create a significant income by relying on their initial warm market. Lead generation and building a new and larger “warm market” is essential. That’s where most individuals who are new to the game fail. They don’t know how to create leads and convert them to sales. They run out of enthusiasm and money before they get their business off the ground.

So what you need are ways to generate leads quickly and generate cash flow early in the process. To do that you need tools, training and a system that puts it all together. And it takes work. Part of the system has to be instruction and training in how to make it all work and how to develop your personal work plan.

How to Know the Best Network Marketing Company

Without any doubt if you are an advocate of financial freedom or a person open to new business opportunities, chances are you have heard about multi-level marketing (MLM), direct selling, or network marketing business opportunity and your problem is to know the best network marketing company to join as there’re varieties to choose from.

You may probably have an image firmly planted in your mind of what network marketing is, based on the seemingly endless debate over whether these companies and programs are legitimate business opportunities or not. You may have been in the industry for some time, shifting from one company to the other searching for the best company to join.

This article will give you the real scoop about network marketing and how to know the best company to join in MLM. I strongly believe that the entire industry is poised for explosive growth and can be one of the most significant solutions to any country’s youth unemployment crisis. The biggest problem in the industry is amateur networkers coming into the industry without proper training about network marketing and the leaders in the industry are not doing much to train the upcoming and aspiring network marketers.

Those who are in the industry are not willing to invest in their education to know the right way to do the business, that is why “The beauty of MLM is the low cost of entry and the bad thing in MLM, is also the low cost of entry. People fail to invest in their education once they join any MLM company and expect to be successful in the industry and once they are not getting the result they anticipated thy move to another company because the money they spent in joining the previous company is something they can forget without a fight.

If they spend a fortune to start it, they will do everything possible to make it work; they will invest in their education, give their time because the money involves cannot go down without them looking for ways to recover it. But in network marketing they expect more from the little investment and if they don’t see that in few weeks they will start screaming SCAM. One thing network marketing does is to expose you to your weaknesses and require you to address them through education or you quit. Many leave the company once that weaknesses showed up and label that company fake.

In every company business presentation the presenter will say they are the best and their distributors will go out to say the same to their prospects. I will not blame them for that as any company that puts money in your pocket is the best company to you. To be successful in any network marketing company require a renewal of your mind, you must have a positive mental attitude towards network marketing.

I cannot list a number of Good network marketing companies, below are some of the factors that make up a good network marketing company and it will help you choose wisely.

Check The Registration and Ranking Status: In the Network Marketing and Direct Sales industry there is an organization called the Direct Selling Association (DSA). There are thousands of Network Marketing Companies in the world, only about 200 or a few more of them are registered with DSA. The reason is because every member company must abide by high strict business ethics given by the organization which include on how they deal with their distributors. It does not mean that any other company that is not registered with them is not legit, but you will be on the safe side working with a company registered with them because they belong to a regulatory body that check-mate their excesses. For ranking check mlmrankings.com and businessforhome.org search on the company to know if they have been featured or rank on these sites. Check an honest review of the company through Goggle and YouTube to know what distributors and online network marketing coaches and writers have been saying about the company. I know there are companies out there with good intentions that are not registered with DSA, so explore every other means below to make your choice.

How old is the company in business?

You may hear terms like “ground floor company” or “start-up opportunity”. This entirely means the company is brand new. Statistics show that high percentage of new companies fail within their first five years because they are still in their formation stage. Every company started new and those that play the gamble of joining at the formation 5 years are the one reaping most of the dividend today therefore If you are OK with joining a new company in hopes that it will still be around after five years and you are one of the few that “got in early” then this should not be a problem for you.

Check the Integrity of the Management Team. If the company is relatively new and you want to go ahead with it, check the integrity of the management team, the experience of the CEO and the team in Network Marketing Industry, their backgrounds and reputations. How many years’ experience they have in the industry and have they been successful in other companies in the network marketing industry. Their experience will help them shape the company to last a very long time than a money bag that just want to take advantage of the industry to amass wealth.

If you can, talk to people that are currently involved with the company. Ask the person that is presenting the business opportunity to you if they can introduce you to other members, preferably members not in their team and listen to their stories about their real life experience with the company.

Check Their Products or Services: This is a business, and just like if you were running a franchise or a storefront you must take a franchise of a product you know you can sell easily. Find out the features and benefits of their products to see if it will meet the need of the people you want to introduce into the business and those that will be your customers, will they use it and need more of the products?

Examine the Compensation Plan. Compensation plans come in all shapes and sizes. Some are extremely complex to understand and others are very simple. You must know how fair and generous the overall distribution is. This is really important as the pay plan represents exactly how you’ll get paid–or not get paid. If you don’t understand the pay plan how are you supposed to know how much effort will be required for a certain level of pay?

Sincerely Compensation explanation is complex subjects that cannot be explain fully in this article, even when you are explaining a simple compensation plan, but you must know the basis before starting your own network marketing business.

There are five types of compensation plans used in Network Marketing industry, with many variations of each. There is probably no one plan that is perfect or right for everyone at every time. What may be the best plan for you today could change due to regulations, your experience in the industry and/or the type of product, even new technology. And, it’s those variations that can make the difference.

Let’s take a look at the 5 different types of plans in their most basis forms, they are…

Stair Step Break A Way {Board Breaking etc)
Uni-Level
Matrix
Australian
Binary

Most new aspiring network marketing business owners always ask, which of these network marketing compensation plans is best. There is no one sentence that fits the answer to this question. It depends a lot on your personality and what you want to achieve from your network marketing business. The thing to remember is that, apart from retail profit where applicable, a network marketing compensation plan pays you for a combination of product sales and sales management. So if you are more of a traditional salesperson who can move tons of products, it may be advisable to go with the company that pays more for product sales than for managing sales teams. If you really want to make it big in network marketing, study the compensation plan of any company before signing up.

Online Marketing: Make sure the company policy allows you to utilize the internet as a marketing tool and they must have system in place that will help you do that, such as your replicated website, online payment system, online product delivery system etc. People are utilizing the internet as their main marketing tool because of the automation on the internet that has allowed a much more consistent method of following up.

The only reason why some companies don’t accept online marketing is due to people who utilize it to spam and that can give a very bad reputation not only to the distributor, but also to the company you’re working with.

In conclusion, the best company in network marketing is the one that has a realistic pay plan, which is a compensation plan where the incentives given to members are achievable by the company through their product and services. You must also take notice of some of the points listed above to make your choices.