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Finding The Right Business For You: The Right Product
Okay - you've decided to take the plunge and get involved in network marketing. One of the key criteria that you will need to evaluate is the product that you will be marketing. First of all - and this is not as blindingly obvious as it may seem - there should definitely be a genuine product. It should be possible to become a customer without joining as an affiliate/distributor. If there is no product, or if the "product" is only available to those entering the business, then the "opportunity" might well be a pyramid scheme. Having established that there is a genuine product, the next question you need to ask is whether or not there is likely to be a genuine demand for it. Part of that answer will be decided by the price of the product. It need not be the cheapest on the market but it should certainly offer value for money when considering the specified features in comparison with similar competing items. The acid test is to ask yourself "Would I buy this if I weren't a distributor?". Then ask "Who else would buy this?". Assuming that you've achieved positive answers thus far, you now need to consider some of the more practical aspects associated with your potential product. For example, how is it delivered? Ideally, you are not going to be involved in the delivery process. This is a waste of your time - and it might limit you to a geographical area or cost you money in postage that could be better spent on advertising. There are plenty of products which can be downloaded direct from a website. Many others can be shipped by mail or courier direct from the parent company to the customer - no need for you to get involved. Finally, in an ideal world, the product should be consumable or disposable. It should have a finite lifespan which necessitates the customer to reorder if they wish to continue to enjoy the benefits. If the reorder process is by an automatic weekly or monthly subscription then so much the better. Think about it - most people don't enjoy selling. Even some professional sales people regard it as a necessary evil rather than as an enjoyable experience. So it makes sense that, having stepped outside your comfort zone to make a sale, you benefit from this not just once but on an ongoing basis. This is genuine residual income - and it's very nice. If you have a suitable product, reordered on a regular basis, then you can have a good idea of what your minimum income is likely to be each month. Any extra sales that you make are a bonus and mean that your business is growing - but you have a base level to build upon. Some genuine residual income products and services are listed below:
This is not an exhaustive list - I'm sure that you can think of a few more additions. Virtually any product or service which is supplied on a weekly or monthly lease/rental basis would qualify. Here are the key attributes that you should consider when selecting your perfect product:
Hamish Hayward
MORE RESOURCES: Top athletes around the world are improving their game by supplementing their diet and regimen with Wellness International Network's high-quality nutritional line. Cleveland Daily Banner : As an independent business owner, [Tina] Hysni offers delicious food samples at home taste-testing parties, along with easy ideas for everyday meals, recipes, serving suggestions and fun. Vox Communications has exceeded 20,000 VoIP lines on its award winning Voice over Internet Linux-based sever clusters. PHONAK Serenity DPC distributed in Asia by manifest Marketing has been providing the best noise cancellation and hearing protection technology throughout Asia and continues to develop its product with the help of Manifest Marketing. Trivani International is a network marketing company who is dedicated to providing quality products to their consumers. Pervasip Corp. announced that the customer base of its wholly-owned subsidiary, Vox Communications, a provider of Voice over Internet Protocol and smart phone applications, has exceeded 20,000 VoIP lines on its award winning Voice over Internet Linux-based server clusters. Jeane Leonard Joins CarbonCopyPRO to Teach Internet Marketing Professionals How to Build a Profitable Online Marketing Business. International nutritional products company Youngevity announced its strategic alliance with direct sales specialists and Fucoidan-nutrition technology pioneer, Escape International. How sexy can a woman become? That doesn't have much to do with her figure, but the attitude she chooses. Abizark.com released a series of low-priced bags at its online store bagsok.com on July 26th, with the purpose of publicizing its brand and increasing its sales volume. The Trivani Foundation is a non-profit organization who is dedicated to providing immediate relief to people in impoverished countries, while giving them the resources to build their community and sustain life. MEDIA ADVISORY: LiveWorld Hosts Webinar on Best Facebook Marketing Practices with Jeremiah Owyang of the Altimeter Group Social media analyst Jeremiah Owyang to present findings of his latest research on the best ways for brands to engage their customers and fans on Facebook SAN JOSE, Calif. Nu Skin Enterprise Co, the multi-level direct sales firm, expects to achieve sales of 2 billion baht by the end of this year, two years ahead of its earlier projection. Trivani International is a network marketing company who is dedicated to providing immediate relief to people in impoverished countries while giving them the resources to build their community and sustain life. After a long cold spell, Central Florida's prospects for attracting new venture capital may be thawing out. LifeVantage Independent Distributor, ProtandimPro.com, reveals how Protandim can help millions of Americans be financially independent and improve their health. Chief Financial Officer John DeSimone, and Amy Greene, vice president, investor relations, will participate in the 30th Annual Canaccord Genuity Growth Conference on Wednesday, August 11, 2010 at 8:00 a.m. EDT at the InterContinental in Boston. Today, Karmaback, Inc. , the only online engagement and sweepstakes platform that rewards the communitya s engagement and evangelism, announced Social Coupons , a new feature targeted at enabling companies to grow their online community while in turn rewarding the communitya s engagement and evangelism. Herbalife Ltd. announced the appointment of Manolis Leontzakos as country director, Greece and Cyprus, responsible for the growth and profitability of the countries, and for working with Herbalife independent distributors to grow the businesses in a sustainable manner. ZYTO Corp www.ZYTO.com , a Delaware non-publicly reporting company whose shares are publicly quoted for sale on the Pink Sheets, today announced that on July 21, 2010 it filed a registration statement on Form 10 with the Securities and Exchange Commission to voluntarily become a fully reporting company. |
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