If you wish to join any number of MLM or direct sales companies, do your research. Network marketing offers many rewards, if you find the right fit.
Getting into direct sales, whether it’s a network marketing company or another business model, can be very profitable for you.
Before we get carried away with having to tote that big money bag to the bank (or dreaming about it), you should take into consideration, the company’s pros and cons. I call it the 2 Cs complex: competition and compensation.
Competition Among Direct Sales Companies
This is one of the most overlooked aspects of someone joining a company. I’ll paint you a true scenario:
I once had a sponsor that recruited me for a particular network marketing company. I was excited about it, and I liked the product line. Within one month of joining this company, she approached me about another company that had similar products (she thought the products were better). She stopped calling me, once I decided to stick with the original company.
The key lesson is to make sure you check for competing direct sales companies before making a decision to join. The reasons why someone might want to jump ship can vary from person to person. Doesn’t matter!
The cost of switching from one company to another is usually expensive, because the initial startup costs are generally higher than the monthly cost of staying in. Choose your niche company wisely!
Compensation Plans Are Why Many Of Us Get Excited About Direct Sales Companies
I only have one question to ask you concerning the compensation plan of your company:
If your recruits couldn’t get anyone else to join, how many minimum recruits would you have to get and maintain, to replace the money you make at your job?
The reason I bring this question up is because, almost no one involved with direct sales companies can answer that. Well…they can, but it takes a little work. You have to figure out things like:
- The initial minimum commission you make from each recruit.
- The minimum commission of that recruit making purchases on a monthly basis.
- The jumps in your commission from reaching a certain level of group volume; sometimes called bonuses.
The reality is, there has to be just the right elements in place, for a network marketer, or direct seller, to go from “newly signed” to “large group guru.”
Final Say On Direct Sales Companies – Go after your dreams, but figure out what it takes to get there! If you have doubts about which company to join, take my suggestion and join THE TEAM!
Wishing You The Best,
Greg Jackson