5 Killer Network Marketing Tips to Apply When Researching Network Marketing Opportunities

Lets face it the reputation of the network marketing industry isn’t the best it can be. There are network marketing companies which are just scams. Some unfortunate people will of got ‘burnt’ by such companies (I hope your not one of them), they would of shared their unfortunate story with as many people as possible, and as we all know ‘bad news’ spreads like wild fire. In this article I am going to give you my 5 killer network marketing tips to have in mind when researching any network marketing opportunities.

1. Company History – How long has the company been around? How have they grown within that time? If possible find out if the company has suffered any set backs, and more importantly how did they over come them. This will demonstrate how sturdy the structure of the company is and how resilient they are with problem solving. You want to partner with a company who has the ability to deal with the ups and downs of its market.

2. Who Owns The Company – Its important to get some information on the people who own and run the company. They are ultimately the people who are in control of your product or service. You will need to find out if they have the right credentials to progress the company forward in the right direction. Your future income stream is in the hands of these people.

3. The Product / Service – Be clear on this point, YOU DON”T HAVE TO PERSONALLY LIKE THE PRODUCT / SERVICE in order to sell / distribute it. You do however, need to know if there is a genuine market for the product / service. I’m sure you don’t want to be left with a spare room full of stock or a link to a website which goes nowhere.

- Also look into what makes the product / service special or unique. Is it something which is not easily available somewhere else but people still want or need it. Or is it a great service with amazing discounts etc.

- Price is also a factor. Is the price inline with consumer demand. If the consumer can get the same product /service elsewhere at the same price why would they need you?

4. The Compensation Plan – Network marketing opportunities are all about the compensation plan. You have to know how, when and how regularly you will be getting paid for your efforts. Your reason for getting into network marketing will also determine the company you choose. If your in it for short term gains then you will need something which sells quick and is usually a one off sale. If your in it for the long-term (retirement money), then you will need a company which offers long-term residual income which can be relied upon month after month.

5. Training and Support – Often the most over looked part in network marketing. Does the company provide good, up-to-date and ongoing training to all its members? What is the support like for the consumer and for the distributors? Ideally once you have signed a consumer you would want the company to take on the day to day customer service issues, this frees up your time to get more customers or recruit more distributors (I would stress at this point that it is always wise to be contactable to your customers, they put money in your account after all). Also as a distributor it would be good to have constant immediate reliable support from the company. 

- Your Downline. This training and support also needs to be accessible by all in your downline, so they can be as up-to-date as you with the company and any marketing strategies, they to will be putting money in your pocket. The more training and support they have which is duplicate-able the more money they will be able to generate for themselves and you.

Those were my 5 killer network marketing tips. They are essential things to apply when researching network marketing opportunities. Its easy to get ‘burnt’ in this day and age, so do yourself a favor and do your due diligence on any network marketing opportunities you are looking at.

To your successful research.