The Differences in MLMs

Posted on August 21, 2019 by dragonspitapothecary

MLM or direct sales companies are not all the same. There are some that have been around a long time and others that come up new every day. There are hundreds of different companies to choose from but selecting the right one for you needs some careful research and consideration. I honestly don’t think you can or should make that decision at a party or class but rather take some time to do your own research and really think through what starting a small business like this would mean for you and your family.

When I started using doTERRA is was for helping improve my skin. As I’ve written on this blog before I was over 40 and still having extreme breakouts that were just out of control. I had done all the expensive treatments, creams, prescriptions and more to no avail. It was horrifying to be a professional working person with broken out skin that I would try to cover up with makeup only to worsen the effects of the breakouts. A friend suggested doTERRA and feeling really deflated and disappointed at everything I had tried I said ok. It took some time but today I rarely get a breakout and they are nothing like I had before.

So here I was exploring how to use essential oils to fix my face and make it look better for work and decided I should sell these to other people. It was good and I was growing in my experience using these oils and the natural products doTERRA offers. Things were changing for me and this seemed like a why not epiphany. I however did not just sign my name and start a business. There was a lot of research and questions I asked to make sure this really did make sense and I wasn’t just caught up in the excitement of having my face finally be clear of constant breakouts.

What you need to know before you sign

What is the realistic income potential?How many people are at the top ranks of the company and how many new ones join them each year?How long has the company been in business?What is the company’s reputation?What is the company’s financial picture look like?How much have their product prices changed year-to-year?What is the culture of the company like? Is that demonstrated by their corporate leadership and the ranks?How can people buy the product? Can they buy from the company or just through a representative?What are the minimum requirements to be considered an active representative?What training and on boarding materials are available for you?Is there a cost for a website?Do you need to keep inventory?How much do the catalogs and collateral cost or is everything online?What is the upline line? Do you have access to them for mentoring and help?What is the product quality? Is it something people are buying?What is the customer service experience like?How are returns and complaints addressed?Does the company host training, a convention or other gatherings?Are there incentive trips, bonuses and rewards for top performance?How much customization can you do to the materials you buy to make them your own?What is their retention rate of representatives?

Knowing this information helps you understand this company and make an informed decision if this is a company and product you’ll be proud to have your name on. See people don’t buy that product or company they buy from you. You are the face of your business so if it is not a company that is reputable or has done some shady stuff or doesn’t take care of their representatives do you really want your name associated with it?

Go with the company and products that stand out. Go with the company that is making a difference and that takes care of their representatives. Go with the company because it is successful and where you see others are being successful too!