We, Filipinos are known for being “madiskarte” when it comes to earning money, and we will do everything just to earn money by joining any business opportunities. Nowadays, many Filipinos ventured the world of Multi Level Marketing or Networking. For the past years, we heard and seen many MLM companies sprang up in Philippines.It had been said that this is the fastest way to have a job, and to get rich.
But the big question for those who are planning to join MLM is this,”Is Multi Level Marketing for you?” Majorities of MLM companies in the Philippines recruit persons to join the sales network, and in return, you will earn points that will be turn into cash. You will also be required to pay an initial fee so you can sell the company's’ products. You must also recruit members because it is the “butter and cream” of your income. If you are planning to join any MLM companies, then you must consider the following things: the product,the company itself, the people who joined,the compensation plan,and the benefits.
- The product. What is the quality of the company’s product? You cannot sell effectively to your customers if the products are not of good quality.
- The company. Is the company been operating for a long time? Is it a stable company?
- The people. You must ask and interview those who have been selling their products successfully, and those who failed. This will give you a balanced evaluation of their marketing strategies.
- The compensation plan. MLM business requires a person who can communicate, can convince customers to buy the products,a person who can work hard to meet monthly goals, and enjoys recruiting new members. If you do not have these qualities, then you cannot earn a good compensation from the company.
- The benefits. Will you get benefits if you will join the company. Do they provide training and seminars? Do they give incentives and gifts.
