Network Marketing, make the right choice

Network Marketing Business Evaluation Criteria

The following criteria have been formulated by a prestigious management consultancy looking at the network marketing industry. The criteria have been set down to evaluate the business potential of any network marketing company. These are your due-diligence criteria when looking at a network marketing business opportunity for the first time.

Product (must be)

· Consumable – monthly reorder
· Unique - it is not a “me to” product or can be purchased on the high street
· Universal – it is not niche, lots of people can use it
· Results – people can achieve results within 90days, which are tangible (key)
· Measurable – results can be quantified
· Credibility – products are backed by credible people (validation)
· Global – products have universal appeal and not market specific
· Emotive – products that people can get emotional / passionate about (key)

Company

· History - how long has the company been in operation, is it a start up, is it working?
· Company owned products – not licensed or franchised
· Financially secure - debt free (key)
· Global - have the ability to go global with the products
· Manufacturer - ideally manufacture their own products (to the highest quality possible)

Pay / Compensation plan

· High percentage payout – what % of turnover is going out to the distributor base
· Encourages teamwork – you are rewarded for helping your new team members be successful and not just getting people to join
· Keystone for residual income - what underpins the compensation plan (key)
· 21st Century – higher payout plan, that rewards effort quickly

Peter Ragg Comments

These are the criteria you must use when evaluating any network marketing company that you are considering joining. Ideally all of these “boxes” need to be ticked. You need to be scrupulous in your due diligence.

Network marketing is a serious business opportunity for serious people.

Go to www.peterragg.com for more information.