I am amazed by the number of people who are trying to build a business in network marketing who have never bothered to evaluate the company that they are working with, or never bothered to take the time to even figure out what it is they should be looking for.
This is easy to understand if you consider that nearly all people who get involvied in network marketing do so because of their warm market. Some they already know, be it their brother or sister or friend, introduced them to the opportunity and not much more consideration was given to it beyond that.
Back in the days before the internet was really being used too much 'not that long ago at all ' you would be shown and opportunity and for all you knew that was the only MLM company that ever existed. Until someone else came along and showed you a different one.
Now everyone just gets on Google and begins looking for the good and bad about your newly presented "greatest opportunity ever". This can be good and bad, but it certainly has changed the game a bit. It is now easier than ever before to properly research a company provided one knows what he is looking for. But if you opportunity is not legitimately competitive it makes it far harder to hang on to people.
A small percentage of people will join and stick with a company simply due to their pride in the product.
I mean, the guy started taking the product and his cancer disappeared. No arguing with that.
I dig that kind of story. I wouldn't expect that guy would drop off. He's not doing it for the money. They guy is on a mission of healing, not a quest for riches.
It might even be one of the worst comp plans in existence. It's just not that significant in this situation. Kudos to people like that for caring. Yes, it isn't going to be as easy to make money like that but that is fine.
But the vast majority of us are not in a situation like that. Most of us are in it for the money. If I already had an endless supply of cash I would just get up in the morning and start playing guitar and not stop until I fell asleep on top of the thing late at night. While there are people who will argue to the contrary I am convinced that 99% of us would be doing something other than marketing if we had an inexhaustable source of funds.
Well, this is fine too.
Many network marketers, once they understand some things to look for when evaluating an MLM opportunity, find that they are no as satisfied with their opportunity as they once thought.
There is a video that I provide to my teams, which covers these points. I'm not going to go over all that in this article but there is one point that I will.
It has to do with doubling your income in your MLM business, without doubling the size or your team and without doubling your work. In particluar I'm talking about commission percentages.
In our industry their are companies that pay out only $20 to $30 for every $100 they take in. Lower percentages than that can be found. We're just talking overall here.
Typically, an overall 50% of revenue payout would be thought of as quite competitive. Admittedly it is difficult for a company which has a tangible product to manufacture, store, and transport, to pay out much more than this and still stay in business.
You will find that it is generally the companies with information products which pay out higher percentages.
iLearningGlobal pays out around 73 or 75%, somewhere in there. Pyxism also give commissions of around 75% I'm not marketing any of these. I'm just giving you examples.
This percentage has to do with your doubling your income and signups without doing much extra work, if any.
Realistically, it takes about the same amount of work to recruit someone, regardless of which company you are a part of.
In many companies you can recruit a whole lot of people and never make much of anything because many of your downline do not hit their sales volume or they drop off.
Clearly retention is hugely important but we're not covering that here.
All other things staying constant, if you were to simply switch from an opportunity which pays out 45% to one which pays out 90%. If you are honest with yourself and look at what needs to be done in order to actually create a certain amount of sales volume in each opportunity, and then you look at what would be the result should your commission on that sales volume double, this becomes quite clear as to which direction to go.
There are only a couple opportunities that I know of that pay 100%
Infinity Downline is one of the two.
Infinity Downline is in actuality an affiliate membership program wherein the membership is $25 per month and each person you enroll pays you $25 per month, with no admin fee.
This seems unlikely upon first review as one must ask, 'Where is the company making money?'. They have other means of creating profit such as offering different marketing tools and services. But the payments are made directly from member to member using the Infinity Downline automation software, and the pass through is 100% of the payment.
For each member you enroll you earn a $25 per month residual income.
I cover the pay plan in a different article.
But here you have 100% payouts.
After 12 years in network marketing I don't think I've ever seen a company that paid out 100% until I came across this one. I know of only one other, and it is run by the same folks.
So purely from a money-making standpoint, Infinity Downline could theoretically allow you to double your income fairly quickly with the same amount of effort, provided your current opportunity pays out 50% or less in commissions.
To really build your Infinity Downline business, or any other business, be sure to see the resource box and follow the links.
Find how to entirely dominate with your
Infinity Downline opportunity, or any network marketing business, and generate an avalanche of leads and signups. This
Infinity Downline Review is from Alan Cosens, 12-yr veteran of network marketing, trainer, entrepreneur and coffee-based lifeform.
Loading...