If you’re looking for the best MLM companies to join, then this article is going to be very eye-opening for you. Just a quick heads up, the information within this blog post is not what you’re going to hear from all the big multi-level marketing gurus out there.
This information comes from over 8+ Years of Combined Experience in this industry and with 250+ Clients by Infex Biztech Pvt. Ltd. Our intention with this post is to get you the real truth when it comes to looking at MLM companies to join.
If you’ve had experience with MLM companies, then we think you’ll have an “ah-ha” moment, like so many network marketers have had, after reading this information.
If you’ve never been involved with an MLM company and you’re researching if you should join one or not, this will be the most important article you read before making your decision. We don’t say that with any hype, and by the time you’re done reading… we think you’ll agree.
So let’s get into the content about the best MLM companies to join….
Multi-Level Marketing becomes a popular way for people to earn an extra income by joining full-time or part-time. There are a lot of reasons to start your own business. Many of the same reasons that you want to become an entrepreneur are the same reasons why you should consider joining an MLM company.
Let’s get more into it. Ask yourself a few questions that can help you to understand What is MLM? Which MLM Company you should join?
What is Multi-Level Marketing (MLM)?
It’s a business model in which products or services are sold by distributors for which they receive a commission. The distributors may also receive compensation for the sales of a recruited sales team. The model may also be referred to as direct sales or network marketing.
Is There a Genuine Need for the Product or Service?
You’ve probably heard horror stories about people ending up with a garage full of expensive water filters or other items. This happens because only other distributors will purchase the product at that price. Your product or service must fill a real need at a fair price, and there should be a largely untapped market for it. Also, if you’re being pressured to buy more products with the fake of being placed into an “elite” category of the seller, that’s a red flag. Turn away from the opportunity immediately.
Is There a Legal One?
There are many things to know before joining MLM Company. But first, you need to make sure if this is legal or not. It works under the guidance of the Federal Trade Commission of India.
Network marketing is legal in India. So are multi-level marketing schemes, except for certain businesses that are categorized as illegal multi-level marketing, as they are done to trap innocent consumers who invest in MLM schemes, and there is no actual trade in goods and services directly by the investors or the promoters. Rather, there is just a promise that returns will be gained by the investor. However, such promises never materialize and render huge losses to investors.
Due to this, the government of India has identified a few types of network marketing fraud strategies as illegal in India to protect consumers.
How many Business Plans are currently good to join?
There are many Business Plans that are used in MLM Company. But few of them are mostly used in almost all top companies. Let’s talk more about this
(1) Binary plan:
In network marketing, the Binary plan is one of the structured plans to distribute compensation to associates or members. It is the most welcomed, most preferred, and most loved plan amongst networkers. Unlike other plans, the binary plan doesn’t focus on distributing compensation to members or associates on a number of levels.
(2) Generation Plan:
There are various MLM compensation plans available in the MLM industry. Among all plans, the generation plan has been considered an important plan as it possesses an end number of attributes. That is why the generation plan is preferred over other MLM compensation plans available in Industry by many successful direct selling companies.
(3) Matrix plan:
MATRIX COMPENSATION PLAN, also known as Forced Matrix Plan is as stated above, a plan which is based on Matrix. In more clear words, the Forced Matrix plan is a matrix that describes the width and depth of an MLM Company having a matrix plan. A Matrix of X×Y defines X width and Y length of the network of any associated direct seller. Understanding the working of a matrix plan is as easy as understanding the structure of a matrix particular plan.
(4) Uni-level plan:
The uni-level Plan, in a way, is the same as the FORCED MATRIX PLAN, but with a little difference. The main difference between a forced matrix plan and a Uni-level plan is that, in the uni-level plan, the distributor can sponsor as many distributors as he/she wants. And all will be placed in the frontline, unlike a forced matrix plan where you can sponsor a certain number of distributors in the frontline.
Reasons Why You Should Join an MLM Company?
(1) Easy To Enter:
There are companies that sign up with you without demanding anything in return while there are others who may ask you to purchase some sample kit of their major products. However, such products are less expensive than purchasing the same any wholesale.
(2) Direct Benefits:
With network marketing, you can have your personal development. It just needs a mindset. You become successful while helping others to succeed. Massive bonuses are there making you receive the money even if you don’t have any permanent job or doing some part-time work.
It’s a very famous saying: ‘Business earn, spend and pay taxes..’ because in businesses people pay taxes on the income they receive after calculating their expenses. So, what an employee may lose in tax deduction acts as an additional cash flow for what a person is earning while doing a business.
Network Marketing is a way to earn smartly not by doing much hard work. Systematically arranging or expanding the numbers of distributors in your downline makes your system increase and ultimately decreases the number of hours you work. Thus, you can spend your time the way you wish while receiving good earnings.
You can’t predict your permanency when you are doing a job. Today’s shrinking or ever-fluctuating market has left no security for jobs. What could be more secure – doing a 9 to 5 job and having a fixed earning or income coming from a number of places while spending a few pennies?
There are many more reasons to join an MLM Company. Do your research and find the best MLM company for you. You can even check out this article on joining an MLM in retirement.
We’ve been a part of this business model for the past 8+ years and have Enough Experience and Knowledge about this. If you’d like to learn more about the business model that we provide, schedule an appointment here. We’d love to get on the phone and have an actual conversation with you, hear your story, learn more about you… and see if what we do is a good fit for you or not.
I hope this whole Article helps you to understand the things you need to know before joining MLM Company. If you have any queries, feel free to ask or contact us.