Common MLM Pitfalls and How to Avoid Them
As in any lucrative market, there are those seeking to turn a
quick dollar with questionable methods. MLM is no exception. Too
often, poorly operated or corrupt MLM programs victimize
would-be multi-level marketers. In order to avoid participation
in a MLM program you can trust, there are a few things for which
one can look.
Reputation, of course, is essential. Strong MLM programs are
often recognizable by the reputation they have within the MLM
community. You should research any MLM program in which you are
considering involvement in order to determine it has a
sufficiently strong reputation among others in the MLM field.
Staying with reputable programs does provide some guarantee of
program honesty and reliability. However, if one relies
exclusively on established programs they may miss out on great
new opportunities that are not yet credibly established. If you
are considering involvement in a newer MLM program, there are
still ways to act smartly in order to protect yourself.
The program should be closely and carefully reviewed. Methods of
payment calculation should be made clear--there should be no
mystery associated with your involvement. Research regarding the
program should show its claims to be consistent with traditional
strong business practices. Unrealistic claims or promises can be
a sign that a new MLM program is unlikely to prove to be a
strong performer.
In addition to alignment with a reliable program, successful MLM
participants will also carefully evaluate its income potential.
Commissions on sales should be competitive with industry
standards. Potential downline income should also be attainable
and fairly distributed. Problems on either prong of the
two-pronged MLM benefit structure can make a program far less
beneficial than others.
There is no way to guarantee each and every experience with MLM
programs will be positive. Just as we encounter poor service or
bad deals regularly in the offline world, we can expect our
share of problems with online MLM programs. However, by being
sufficiently skeptical and approaching potential new programs
objectively and critically, one can protect themselves against
many frequently encountered pitfalls. MLM offers such exciting
opportunities that it can be easy to "buy into the hype" before
making sure the facts support program claims. Avoiding this easy
to make mistake using the methods outline above can improve the
likelihood that your MLM experience will be a great success.