Best mlm business opportunity

Best MLM Business Opportunity

If you are seriously considering paying your precious cash to start a new internet marketing business you need to make the effort to completely research the varied options available to determine, for yourself, what is the best MLM business opportunity for you and your future team.

Because not all internet promotion or direct selling businesses are born equal and spending the time up-front, at the beginning, to do your due research can pay of enormously later. So here are a couple of things you need to consider before you make the final choice :

How long has the company been in business? Are they privately owned or publicly traded. Who is the management team and what real world experience to they have in operating and growing a Global business? Where are they open for business and can the services readily be shipped into different countries without custom issues?

These are all important questions because most new, ground-floor startup corporations fail within five years. Not some. Most. So even though it may sound like getting in on the ground floor is an advantage, in many cases, it should be a huge warning signal because the likelihood of this new start up company surviving is terribly slim and your best possibility of success is to join a definite MLM business opportunity with a proven record which has been in business, on a steady growth curve, for at least five years.

Another thing to consider is the price of the product and services. Ask this one question, "Would the average individual buy this product or service from this company at this price, under normal market conditions, if a MLM business opportunity wasn't attached to it?" If you cannot honestly answer, "Yes" then you shouldn't join this company.

The explanation is only economics. Understand the general public who start in MLM will sponsor and recruit less than three people their whole careers. To paraphrase, the general public never do what's important to succeed in their new business. So if these folk are required to make an once a month acquisition of a product they would not typically buy at that price... They can cancel their autoship and quit. Which is the reason why the yearly attrition rate, the drop out rate, in many internet promotion corporations is usually in the 70 to 80% range. And any attrition rate higher than 20% yearly will make building a lucrative business fast very challenging.

So that the best MLM business opportunity is one that has got a good product that folks already use at a price close to what they are already purchasing. If they are used to paying $35 for supplement they already use and are now asked to pay $75... If they don't build the business they can soon quit and return to paying $35 per bottle.

Next thing you must actually consider before beginning any new business is how, especially, you propose to publicize, market and popularize your new business. Because the final analysis is you will not make any money till you sell a lot of products and sign up a large amount of new team members. So what is your plan? Because even the best MLM business opportunity out there will not make you a penny unless and till you effectively and efficiently market and promote that business.

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