MLM business or Multi-Level Marketing is quite often underestimated. In fact, the bad image pinned on MLM is often due to factors alone. MLM itself is actually a sales method that uses a chain system. So, the salespeople can not only benefit from the sales but also other sales that he successfully recruits. The term is upline and downline. The term Multi-Level Marketing itself was first discovered by two marketing professors from the University of Chicago in the 1940s under the name Nutrilite company. The first product sold by the Nutrilite Company was vitamins and food additives. This Nutrilite Company is one of the first companies to offer a Multi-Level Marketing business concept to experience development in the United States despite having experienced various obstacles, one of which was the licensing of the government until finally the government itself allowed this type of business and grew after the licensing. If you are looking for the fastest growing mlm companies, you can visit our website.
Why is a business that uses the MLM method labeled bad? One reason is that the business does not have a clear product. What happened was only collecting funds from members. To be clearer, let’s learn tips for choosing and characteristics of a trusted MLM business below.
1. Choose MLM that has clear and diverse products
As mentioned earlier, a bulging MLM business usually doesn’t have a clear and diverse product. They just focus on looking for referrals but don’t know what is for sale. In contrast, a trusted MLM business has clear and diverse products. In fact, the product is recognized to have good properties by the public.
2. Companies registered with certain associations and legal entities
You can also make sure that the company is already registered with certain associations and legal entities. For example, the company is registered with a trusted association. If you have registered with the association, the MLM company will usually have passed the requirements and understand the sales code of ethics. Then, you can also make sure the MLM company is already a clear legal entity. Then, the company has a Direct Sales Business License and has a tax number.
3. The company uses a system that has been tested
MLM companies that clearly use a system that has been tested. For example, companies provide business aids such as books, tapes or routine meetings. If the MLM company offers maximum profits with minimal effort then you should be vigilant. For example, members are only asked to focus on looking for downlines and the downline is really required to look for more referrals. Not only that, but you also need to make sure the company provides full support. The support can be offline or online where you can freely contact the company if there is a problem. Therefore, make sure the MLM company has a clear branch office.
You can now determine which MLM is good and not.