Tag: MLM

Network Marketing And Your Home Based Business

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You can have ALL you want and all you dream out of your network marketing home based business if and only if your desire for your goals is strong enough. In this article we want to look at how that is changing and why starting your own network marketing home based business just might work for you. Start your network marketing home based business with well thought out plans and goals. The MLM Network Marketing Home Based Business YTB will enlighten people about the MLM Network Marketing Home Based Business Industry.

The best home based business is MLM and this Industry is very highly social and allows you to work with friends but working with friends and family is not a must for success. One of the recipes to creating a successful online home based business is to automate as many things as possible. To set up a home based business is not always an easy task and is not always a bed of roses. How to run a home based business online is the fastest growing enterprise on the Internet today and a good Internet marketing strategy is a must. The best home based business is from a company called YTB, which is short for Your Travel Biz. YTB is network marketing company that allows one that has no experience in the industry of travel to get a foot in the door and build a travel agency as large as one can possibly imagine while at the same time making commissions on the sale of travel products and services. The key to success when deciding how to start a home based business is never to forget that it is a business and not a hobby. Making the decision to start your own home based business is just the beginning of a long, fun, exciting and sometimes frustrating journey. Your home based business is important to you. You’ll already know the marketplace which your home based business is aiming at, and can engineer your business products or services to suit customer needs. Even though there is a potential to make an extreme amount of money you still need to decide if having a MLM home based business is for you. Running an Internet home based business is full of changes and challenges. An Online Home Based Business Is Not Rocket Science.

An Internet home based business is an increasingly popular option in today’s society. Running your own home based business is a piece of cake. The trick to picking an MLM Home Based Business is to find a company that does not require you to have an inventory And within that company find a team that will not only support you but also a team that has a marketing system that does not require you to talk to friends, family and co-workers.

Food Storage And Emergency Preparedness Are Now In Mlm

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Hundreds of different products are sold through the business of network marketing (MLM or multi-level marketing). Companies selling soap, cosmetics, vitamins, nutritional supplements, energy drinks, long distance services, water filters, gold, and almost everything imaginable have long used MLM as their method of distribution. Newcomers to the MLM business are often owners of companies which have been in existence for several years. They discover that the network marketing industry is a way for them to move more product and create more wealth.

Using MLM and the home party system, a new kid on the block in network marketing is in the area of food storage and emergency preparedness. Customers may buy the products on a monthly basis at affordable prices in order to develop family preparedness. MLM is a home based business concept which allows people to introduce others to the products and the opportunity. By signing up people under them to buy and sell the products, they may be able to earn money from their downline which consists of all those signed up under them to a certain level.

Each network marketing company sets its own compensation plan to pay their distributors. They decide what percentages can be earned and how many levels to go deep and how far to go wide. Width is usually determined by those personally enrolled as distributors under the person. Depth is how many levels on which they will pay.

It is generally well known and accepted that the products in MLM are higher priced than comparable products in retail stores. The companies need to be able to pay their distributors from their profits. The owners of the companies are often the people who become the richest as they earn money from all the distributors who buy the products but who never made a dime because they did not qualify for the payouts.

However, this industry remains one of the few ways that a person can start for a very small investment of cash and have the potential to become wealthy. MLM has been making millionaires for years by allowing people to leverage themselves. They sign up people once and can get paid on them for years as they continue to order. Additionally, they get paid on the efforts of many other people whom they never know. As long as people are buying products and the distributor is active in the pay plan by personally purchasing monthly, there will be money to be made.

With the many disasters around the world and the bad economy causing havoc in peoples life, it is plain to see that emergency preparedness and food storage are worthy endeavors for everyone. Being prepared can cause a sense of well being and security if and when problems arise. One never knows when a tragedy will hit.

People who are interested in food storage and emergency preparedness or who want to find a home based business might consider this new endeavor in network marketing. There are good possibilities, and there is money to be made in this area.

Team National Review – Is The Team National Mlm Home Business A Good Way To Make Money

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What is Team National? Team National Review
Team National is a $200+ billion a year network marketing company (or MLM home business) founded in 1997 by Dick Loehr. Located in Fort Lauderdale, Florida, the company is a legitimate business as evidenced by their various designations and associations: members of the Direct Selling Association (DSA), a Registered Member of Dunn & Bradsteet (D&B), a Member of the US Chamber of Commerce and a Member of the Better Business Bureau of Southeast Florida (BBB), plus strong endorsements from people like best selling author & leadership development coach John Maxwell, among others.
The “Product” of the Team National MLM Home Business:
Every legitimate MLM home business company must market something of value to its customers in order to generate revenue to the company and to be able to pay it’s network of distributors. Team National is different however, in that it markets a membership to help people save money who use it on a vast array of products and services in over 20 different industries. Since 1997, total membership and product sales is approaching $1 billion.
The idea behind developing a company to provide benefits and services – now called membership savings – came as Dick envisioned an MLM home business program, that would allow anyone who owns a membership package to enjoy the type of discount buying power as a Fortune 500 company. Starting with only a few basic discounts – savings on oil changes and new car purchases – the Team National MLM home business now offers substantial savings on everything from small everyday items (household goods, business supplies, communication services, insurance and travel services, clothing, food, you name it…) to larger once-in-a-while type items like jewelry, home furnishings, vehicles and toys.
They split the savings into 4 different divisions:
1. Factory Direct (up to 65% savings on items like jewelry and home furnishings)
2. Group Buying Power (over 20 different industries)
3. Business Exchange – save locally at thousands of small businesses across the country
4. E-Commerce – up to 30% commissions from over 100 popular and brand-name retail stores with a Team National website
The Opportunity for a Team National Home Business:
AlthoughTeam National’s membership program demonstrates clear value and representatives – or Independent Marketing Directors (or IMDs) as they’re referred to – who mainly want to sell the aspects of the membership in order to get sales will not make much money with Team National. As with all MLM home businesses, MLM and internet home based businesses, creating a sustainable, booming, walk-away residual income requires leverage in the form of team building. Through building teams, you can multiply your efforts to get not just a few membership packages purchased; in fact, it’s possible to get hundreds and thousands of memberships purchased through your network from which you receive your override so-to-speak (just like an insurance broker receives an “override” on the accomplishments of their people).
The Team National compensation plan offered is also one of the better ones in the industry simply because of the amount of money Team National pays out. This is because the company pays out 72% of the price of the memberships back to the reps in commissions and bonuses with their hybrid binary structure. This unusually high compensation amount – they talk about weekly pay for your first “Progression check” of $1,500 – is because there is no needed product markup or profit margin added onto the price of the membership. This enables the company to negotiate these savings based on the group’s high-volume buying power (just like a nationwide co-op). This again is one main advantage Team National has over its rivals in the industry.
Highlights of the Team National MLM Home Business compensation plan:
As discussed previously, the Team National business model as with most network marketing companies, pays out the most for those who build teams (because that gets more memberships purchased). Using their hybrid-binary structure, they pay out between $25-$100 for every membership sale. In addition, Team National has created a points system where just 4 membership sales (on average) in each leg of the binary will produce a $1,500 check as often as weekly (see compensation plan for exact details). This is strong compensation and as your team grows you earn additional legs (paycenters they call them) which each pays out an additional $2,500 when on average 4 sales are made on each of the paycenter’s 2 legs. This can add up to substantial income for the serious business builder.
It’s worth noting the difference between $25-$100 per sale (for the salesman) versus building a team and being paid $1,500 from 4 or so membership sales in each leg that you or your team bring in. All in all, Team National is one pretty powerful MLM home business for those who approach the business the correct way.
So how does a Team National IMD go about building a thriving, income-producing team?
First, you must have some kind of system in place to help you promote to find and qualify potential business partners to present the Team National MLM home business opportunity to. You can do this by just talking to people you know, or you can work smarter by utilizing the power of tools like the internet to help you sort through an almost endless quantity of probable prospects actively searching for an opportunity like the Team National MLM home business provides. Work smarter to leverage your income and get your business in front of more people to make more money (it’s all a numbers game after all) or continue doing what you’ve always done if you want to continue to get the same results.

Juice Plus Scam Or Legitimate Home Based Business

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Juice Plus is one of the more larger Health and Wellness companies out there and the demand for their products appear to be growing despite some wailing ‘Juice Plus Scam’. But is Juice Plus the right opportunity for you and is it really a scam? Read this article to find out if it’s worth your precious time.

What Is Juice Plus?

Juice Plus is a line of dietary supplements that contain fruit and vegetable extracts with added vitamins and other nutrients.

Juice Plus was introduced to the world in 1993 and the owners decided that it would be best to sell these products through Direct Sales or Multilevel Marketing.

Juice Plus is advertised as ‘The Next Best Thing To Fruit And Vegetables’ as you can imagine this has created controversy and has attracted the attention of consumer watchdog organizations who say this kind of advertising is misleading.

I’d just like to say at this point, from a business stand point this may actually be good. Having a product that attracts and creates controversy has worked well for this company so far by attracting attention to it.

Products

The Primary products in this line of branded dietary supplements are Orchard Blend and Garden Blend. Orchard blend is a powder based fruit juice and garden blend is a powder based vegetable juice. These products can be bought at a cost of $167 for 4 month supply.

Other supplement products in this line include, Vineyard blend a powder based berry/grape juice, gummies, meal replacement powders, soft chewables, capsules, chewable tablets, Juice Plus Thins(wafers) and even a vitamin formulation for cats and dogs.

There have been criticism from some that go along the lines of ‘this doesn’t work’ or ‘there is no scientific evidence’. First understand that these products are SUPPLEMENTS and are meant to be supplemental to what you are doing now.

In the 21st century we live a hectic lifestyle and don’t have enough time to pay attention to the ins and outs of healthy eating. Juice Plus solves a problem, it negates the need of having to boil vegetables and buy fruits day in and day out(that being said you should eat fruit and vegetables when you can).

Using supplements like this can help all of us reach the 5 a day and bridge the nutritional gap between what we should be eating everyday and what we do eat everyday.

Business Model

The business model revolves around MLM or Multi level Marketing for those that don’t like acronyms.

Products are sold and marketed through independent distributors who receive sales commissions form sales made.

Ranging from 6% for enrolling 5 customers in 30 days to 14% for enrolling 20 customers in 30 days.

Some Of The Things I Don’t Like

This is an MLM company and as such takes a long time for real financial dreams to come to realization. Most people don’t treat MLM for what is is, something that accrues net worth over time much like a mutual fund or a cd.

With that being said however the compensation plan leaves something to be desired. 6% for enrolling 5 customers in 30 days? That is challenging even for the most taxing of industry comp plans.

Couple this with the fact that 99% fail in this industry and you quickly come to understand that most people don’t have the tenacity of a bull headed and thick skinned slick rick-salesman.

So instead of tackling this problem the training provided is the thing that makes everyone fail in the first place.

Posting Flyers, 3-foot rule prospecting, meetings, buying leads, cold calling are effective methods reserved for a select few and when I say a select few I mean it, how is 1%.

However…..you can make this work for you if you can get people asking you about your business on a daily basis. That’s right anyone in Network Marketing worth their salt know that it is far more effective to attract people, become the hunted instead of the hunter.

This is called Attraction Marketing and all the top earners use this method. When you attract people they go into business with you and not your company.

When you set yourself apart from all the peddlers that are marketing replicating websites and offering a business opportunity on the front end then you are a leader.

If you use Attraction Marketing it won’t matter if your company is shut down or you have people leaving your downline because you’ll have a constant flow of leads coming to you on a daily basis by providing leadership.

The Juice Plus scam doesn’t actually exist. The reason most people fail is that they pursue this business in the same way as the 1% at the top. It’s time to stop cold calling and prospecting every man and his dog on the streets.

Attraction Marketing is the way forward.