Timing is important, or is it? Most new internet promotion companies fail inside three years. So the question begs : Is it worth the danger to join a new internet marketing program in pre launch?
Lots of MLM companies start out with a "pre launch" phase. Why do they do it? Fundamentally to create a buzz, and plenty of these firms permit new distributors to join without a buy-in. Some will bring their own teams along as well , so this is a technique of getting free advertising and to stir up a large amount of excitement.
Manifestly the more groups of distributors an MLM company has the more sales it makes, that's clear. Once their break even amount has been reached then the company is in profit, so that the quicker they get the product out into the marketplace, the quicker they can reach that break even point.
The fact is that when most companies start out, it does take a couple of months to get to the break even point and begin making cash, so signing folk up as distributors benefits the company immediately. Distributors also know that if the company achieves success fast then it will not be free to join, so better to get in during the pre launch phase than to get in and have to pay later .
The pre launch mlm company can keep its operating costs as low as possible, because there is no product or distribution involved till the sales groups are set up and trained.
Sounds great doesn't it? But there may be storm clouds on the horizon.
Because wretchedly over 90% of MLM corporations fail in the first 2 years, so you have got to bear that noted. During those two years you'll have put a large amount of effort into building your team and any money you have put into the business will be wasted. But heaps of people have got into MLM during pre launch and gone on to make 6 figure incomes.
A lot is dependent on the product, coaching and also what kind of compensation structure they offer. Take a look at the management and make sure they have strong systems in place and raise questions. Take a close look at the product and see if it's good quality and worth the money, can it just be purchased from a store? Will it be around in five years?
A professional marketeer will be well placed to judge the company on several factors to decide whether he is going to join, but a recent entrant to MLM may not have enough experience to be in a position to tell if this company will work. You will have to trust your sponsor to do that for you, so always pose questions.
If the company takes off, you can reap great rewards by being one of the first thru the door, either by already having your own team, or by building a great downline properly.
But that's where the rubber meets the road with any social marketing business - in any case when you join. As it truly doesn't make any difference if the company is new, in pre launch, or has been settled for years . None of that actually matters. What matters is what will YOU do with the company? How will you build your new business?
That's the base line. But is also crucial to consider if joining a pre launch mlm is worth risk. If you are serious about getting in and getting busy - perhaps you must put the odds of success in your favour by joining a established, well established company with a record.
Lots of MLM companies start out with a "pre launch" phase. Why do they do it? Fundamentally to create a buzz, and plenty of these firms permit new distributors to join without a buy-in. Some will bring their own teams along as well , so this is a technique of getting free advertising and to stir up a large amount of excitement.
Manifestly the more groups of distributors an MLM company has the more sales it makes, that's clear. Once their break even amount has been reached then the company is in profit, so that the quicker they get the product out into the marketplace, the quicker they can reach that break even point.
The fact is that when most companies start out, it does take a couple of months to get to the break even point and begin making cash, so signing folk up as distributors benefits the company immediately. Distributors also know that if the company achieves success fast then it will not be free to join, so better to get in during the pre launch phase than to get in and have to pay later .
The pre launch mlm company can keep its operating costs as low as possible, because there is no product or distribution involved till the sales groups are set up and trained.
Sounds great doesn't it? But there may be storm clouds on the horizon.
Because wretchedly over 90% of MLM corporations fail in the first 2 years, so you have got to bear that noted. During those two years you'll have put a large amount of effort into building your team and any money you have put into the business will be wasted. But heaps of people have got into MLM during pre launch and gone on to make 6 figure incomes.
A lot is dependent on the product, coaching and also what kind of compensation structure they offer. Take a look at the management and make sure they have strong systems in place and raise questions. Take a close look at the product and see if it's good quality and worth the money, can it just be purchased from a store? Will it be around in five years?
A professional marketeer will be well placed to judge the company on several factors to decide whether he is going to join, but a recent entrant to MLM may not have enough experience to be in a position to tell if this company will work. You will have to trust your sponsor to do that for you, so always pose questions.
If the company takes off, you can reap great rewards by being one of the first thru the door, either by already having your own team, or by building a great downline properly.
But that's where the rubber meets the road with any social marketing business - in any case when you join. As it truly doesn't make any difference if the company is new, in pre launch, or has been settled for years . None of that actually matters. What matters is what will YOU do with the company? How will you build your new business?
That's the base line. But is also crucial to consider if joining a pre launch mlm is worth risk. If you are serious about getting in and getting busy - perhaps you must put the odds of success in your favour by joining a established, well established company with a record.
About the Author:
Want to find out more about mlm products? Then visit Steven Suchar's site on how to choose the best pre launch mlm for your needs.
No comments:
Post a Comment