If you are seriously considering joining a network marketing company, you have some research to do. Before a decision as significant as starting your own business, it is important that you have all the information you need. Choosing the right company is the first step towards success. There are a few main criteria you should consider when choosing your company. At the end of the article, a list of the current top ten network marketing companies will be provided. But first, review the criteria you should use when researching network marketing opportunities.
1. Make sure the company is stable.
Any network marketing company you join should have a business history of at least five years. The unfortunate truth is that about 90% of network marketing companies fail within the first two years of being in business. Since you are staking your financial future of your family in this decision, to ensure that you are partnering with well-known companies.
2. Make sure the company offers excellent products or services.
If the product or service you are offering is already available on the market at a lower price or more convenient location, you will have trouble convincing consumers to buy from you. The most successful network marketing companies offering a product or service that is so unique that it can not get elsewhere. Keep in mind that the US companies are not allowed to pay a fee based solely on recruiting, only the actual sale of goods or services. Therefore, if you expect to make any money, you have to sell.
3. Make sure that you can make both immediate cash flow and long-term income.
Unless the company’s compensation plan before you sign up, as it will determine exactly how you are paid. The ability to generate a quick influx of cash will give you the motivation you need to continue through the tough times you will surely encounter in your business. On the other hand, the compensation plan should afford a good opportunity for long-term residual income as well.
4. Make sure your company allows you time freedom.
One of the most attractive benefits of network marketing is that you can build a full-time income while still working at your current job. This is important, so that you can build your business without jeopardizing your family’s current lifestyle and financial stability. Check to see if the company offers automated marketing services to help you maximize your time. Now that you know what to look for in a network marketing business, here is a list of the top ten companies under Decision 2006-2007 MLM Insider Distributor Choice Awards
1. Usana Health Sciences
(It is worth noting that Usana has actually won this honor for at least the last 6 years in a row. They collect always a top rating for its excellent products and excellent compensation plan. It is the number one recommendation based on their celebrity record.)
2. Agel Enterprises
3. 4Life Research
4. Isagenix International
6. Eniva Corporation
7. Universiti Biology
10. Tahitian Noni International
If you are really serious about build a network marketing business, the next step is to thoroughly research the company you are thinking about joining. Then once you have decided what business you want to participate, make sure you get some excellent training before you even start. That will put you on the road to true network marketing success.