One thing I know is it is easier to sell a service than a product. If a company sells a product, chances are they will want an auto-ship, this can be expensive when your business is still small. One thing you don’t want is a garage full of product you can’t sell. I tend to stay away from the juices and the vitamin supplements. This has become a trillion dollar business, but the problem is that the market is really saturated.
I have several very high caliber network marketers under me who had hundreds of people under them. But they are working under me now. Even if you have hundreds of people under you, you will not make any money if none of them are selling anything.
You should try to find an MLM that has an affordable start up fee. Also you should try to find one that has a very easy comp-plan.
I have read so many comp-plans that just boggled my mind because they were so complicated. If the company you work for has a very complicated comp-plan then you can pretty much count on having problems with payroll. If the person who is trying to sign you up cannot explain the comp-plan to you this is not a good thing. It is very important that you can understand the comp-plan. You also want to have the lowest possible price on the autoship.
Some MLM’s still do things the old school way. You know what I’m talking about. Write down a list of everyone you know back to kindergarten. Then call, call, call. Then after that do cold calls. Cold calls are a real drag. Trying to get people interested in products they don’t want is a real bummer. And with gas prices the way they are who can afford driving around all day doing cold calls?
Next time… a tool you must have to successfully do business online. Stay tuned!
Tags: auto ship, autoship, bummer, business, caliber, cold calls, comp plan, comp plans, dollar business, easiest thing, gas prices, juices, kindergarten, lowest possible price, mlm, money, network marketers, old school, payroll, s, trillion, vitamin supplements
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Diane (Check me out!), on August 8 2008
@ 11:45 am
I’d agreed that a service-oriented business is a good choice, but differ on the “easy” part
Service means concentrating fully on your client and/or customer. Too many places I’ve been online fall on the faces. They may have a service, but do not understand the concept of service.
I’d also add that your own unique product is a really good choice when setting up business online. From handmade items to ebooks to software and more! There is a lot of room on the net for all sorts of businesses!
Dianes last blog post..How to Stop Waiting For Your Money Ship To Come In And Go After It Yourself