by Joey Frantanton on MAY 25, 2010
So instead of pitching you on my mlm opportunity, like 99.99% of everyone else online would do, I am actually going to give you some very valuable information, then I will tell you about my primary program. This information, if used correctly, can land you in the best MLM company and give you a REAL chance at creating a very attractive passive income in this industry. Before we continue, I want you to remove any preconceived notions you have had about the MLM industry and keep your mind completely open. There are plenty of people who are 5,6 and 7 figure monthly incomes, but only because they are with the RIGHT COMPANY. Just read this information and then at the end, you can make a decision.
So why in the world should you listen to me? What gives me any right to speak about the MLM industry? In case you were wondering, those are both great questions. The reason why I am able to speak about mlm companies and the industry as a whole is because I earn a full time income from my MLM company and have been in the industry long enough to know what works and what doesn’t work. 3 years, 50+ leads per day and 5 figures per month doesn’t lie!
Before you join any MLM company there are some areas you must evaluate thoroughly. These specific areas include:
1. Product Demand? - Is there a demand for the product? When it all comes down to it, the product is either going to make or break any MLM company. If the product is in high demand you may want to consider this company. If the product is not in demand, run very far away! Another consideration is your target market. Even with an in demand product, you will want to determine if you can narrow down a market who really needs the product. For example, a liquid nutritional product that helps with weight loss would sell like crazy if you targeted specifically weight loss enthusiasts, not just anyone you came in contact with.
2. Payout? – Not all compensation plans are created equal. The average payout in the MLM industry is 50%. The specific company you are looking at may be more or less, but just make sure it is above 50%.
3. Retention Rate? – This is very import, especially when you start to build momentum and grow your team. A retention rate is the percentage of your downline that remain with the company, either a customer or distributor on your team. The average retention rate is around 15%. This is why many people struggle in MLM. As many distributors as they can put in at the top, there is also a steady flow of people falling out at the bottom. This is also know as the “leaking bucket effect.” In order to safeguard yourself from retention nightmares, you will want to find a company that has at least a 60% retention rate.
4. Can You Support The Product? – One question I ask many of my coaching client is “would you sell this product to your mother?” It’s as simple as that. If you would not sell the company’s product to your own mother than you need to look for another MLM company. If that doesn’t do it for you, then put it like this. How in the world can you expect other people to purchase the product and join the business opportunity if YOU don’t even support the product?
There are a few other considerations you may want to look at, but these are by the far the most important if you are trying to create a long term, passive income with an MLM company. Now comes the part where I want to introduce you to my MLM company and why I feel it is the best MLM company, period. After analyzing and comparing over 100 separate companies over the last 3 years, this was the one I finally decided to invest 100% of my time in. Instead of spilling all the beans I am going to give you some statistics and highlights of the company. Below you will have the chance to watch a video presentation so you can discover why this company is so special.
Retention Rate – 93% ( industry average 15%) Payout – 68% (industry average 50%) Overall Product Value – $3,500,000 / Price – $99.95 Cost To Ship -$0.00 Start Using Right Away
You can tell from these figures that isn’t your average company. To get a better understanding of my personal company follow this link.
Click Here to Become an Ambit Energy Customer
Click Here to Start your Ambit Energy Business
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