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98 Percent of MLM Companies Go Out Of Business in Less Than 2 Years! How To Choose The Right One

Description:

This article describes criteria for selecting an MLM or affiliate program with nutritional products that will give you the greatest chance for success.

Content:

Are you interested in starting a network marketing business, and want to help people to improve their health at the same time? How can you know which multi level nutritional supplement company to pick that will help you meet your goals? You will need to find a company with financial stability, with excellent products, a fair pay structure and good business support. You also want an ethical company that does not falsely tell you that you can "get rich quick" with them.

Most people choose network marketing or affiliate programs because they are looking for something they can do part-time while they are still working. That's what makes the multi level structure so enticing for most people. However, whether your goal is just to make some extra cash or to turn this business into something that will support you full-time, you really need to find the right company. The sad truth is that most marketing companies go out of business, sooner rather than later.

In fact, over 98 percent of MLM companies go out of business within 2 years! If that happens to the company you choose, then all the hard work and energy you expend on building up a residual income will go down the drain. So let's look at the criteria you should be looking for in a nutritional products network marketing company in order to pick your winner:

Financial Stability

We think that the number one criteria you need to look for is a company that is financially stable. As discussed above, MOST MLM companies go out of business in less than 2 years, so look for a company that has been around for a while that already has millions of dollars worth of sales. If you can find someone who has already been selling high quality supplements either to health care practitioners or to the general public, they will also have the infrastructure in place to be able to offer exceptional products at good prices and still offer you a high payout. They will also be much more likely to stay in business for the long haul.

Excellent Products That People Will Continue To Buy

You MUST find a company that offers excellent nutritional products. Unfortunately, even most health food companies are simply in the market to make money, and they produce products that are cheap and of inferior quality. They tend to make more money that way in the short term than if they produced top notch products. However, if the nutritional products from the company you represent are not good in the long term, then people will not stay on them, and that means your residual income will disappear.

So when you are looking for an affiliate or a network marketing program to join, look for a company that has excellent products. This means potent whole food supplements that can really support the body over the long term. Unfortunately, most vitamin and mineral products out there are synthetic and contain toxic fillers, so you will need to do your research.

A Fair Pay Structure

Some companies either pay very low commissions, or pay on only a few tiers of income, or have very high requirements that you have to meet in order to get your commission check. Look for a company that pays at least 5 percent commission on 6 to 8 tiers of income. Look also for a company that does not make it so difficult for you to get your commission check that you end up not meeting the requirements and don't get your check!

Good Business Support

Look for a company that is supportive and will help you to grow your business. In this day and age of the internet, you should look for someone that will offer you a free website to send your customers and potential business partners to and that either does not charge you to sign up as an affiliate or network marketer or charges only a minimal fee. Some network marketing companies make money off their distributors selling sign up kits or marketing materials or on conferences. Honest network marketing companies should make their money when you sell their products!

No Hype About Growing Rich Quick

Many people are fooled by companies that promise fast riches, but the truth is that any business, unless you just get very lucky, takes time to grow and prosper. If the company you are looking at tries to get you to think that all their affiliates get rich quick without a lot of hard work, they are just plain exaggerating. In fact, with network marketing companies, the opposite is true. Because you are paid a commission on several levels or tiers, each commission is lower than if you were retailing the very same product.

It is typical that you earn a commission of 3 to 8 percent on each sale in network marketing. In contrast, retailers often have gross margins of 25 to 40 percent or more on the nutritional products that they offer. But the advantage of network marketing is of course the power of getting other people in your down line who will spread the word with NO further effort on your part. Then you get commissions for people who buy that you did not personally sell to. So look for an ethical company that tells you that you will have to work to make a good residual income with them.

In conclusion, you can find a nutritional product network marketing company that will be able to help you meet your financial goals, but only if you use very stringent criteria. Make sure you choose wisely so that all your hard work is not for nothing!

Author: Karen Pijuan

About Author:

Karen Pijuan is the owner of several health-related websites and has written numerous articles about healthy living, whole food supplements, natural weight loss and more. Find out more by visiting Peak Energy or The Truth About Vitamins.

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