Top 10 Qualities of a Juicy Network Marketing Company
1. You will have quality products
This cannot be overemphasized. The core of a good network marketing business is the products they have. Quality and innovative products speak to the credibility of the company and you as a business owner. A good network marketing business should have a good place to source your products, preferably a vertical integration of your products. This can make such a company a market leader with a proven track record of product success.
two. There will be no hobbies
No one in your downline should be promoted above you, as long as you are doing good business. As soon as you go into business, clone yourself into your downlines as soon as you can. A promotion for them should be a promotion for you too.
3. There will be no degradations
A juicy network marketing company should have a good marketing plan that allows you to relax if you need to without worrying about being demoted for inactivity. Once you cross a particular level, you have definitely crossed it.
Four. There will be unlimited income
The compensation plan of a juicy network marketing business should have multiple guaranteed income streams from different areas of the business that should generate residual income. And also, they may have an icing on the cake that should make the compensation plan salivate as voluntary income.
5. Bonuses will be paid on retail prices
The joker in this type of business is the bonuses that are paid on retail prices. What this means, in simple terms, is that you make more money as a business owner. Note: Bonuses paid on wholesale prices are a red flag.
6. Financial stability must be demonstrated
Steady growth is a strong indicator of a successful future. Audited financial statement records should be made public for review. Review growth charts and sales figures throughout the life of the business and get experts to interpret the areas you don’t understand.
7. There will be business longevity
Look for a company with a history of growth and solid management of at least 10 years. This is a good indication of a going concern and not a glimpse at the frying pan type of business. There are many who have been in business and have weathered the storm. A good suggestion is at the end of this article.
8. There will be consumable products
An active customer base is critical to the success of a network marketing business. This can only be built with quality consumable products. Also, this helps with a quick turnover and you can easily increase your net worth and recoup the investment once your client base grows.
9. There will be a wide support network
A juicy network marketing business must have a good support system to help your business grow. Your success represents the success of the company. A company that seriously promotes this will offer excellent training, seminars, incentives, and a support center, among other things.
10. There will be an international presence
A business with an international presence in many places shows a diverse business that demonstrates stability, growth and extensive experience in the industry.