How to choose a good online MLM or network marketing program?

 You've heard many horror stories about MLM /network marketing programs. But what you are really hearing about are stories relating to illegal programs or pyramid schemes. Basically, pyramid schemes have no real, viable and worthy product. Obviously, you do not want to participate in such schemes. You want to be associated with a high quality product that you will readily endorse.

Why participate in a MLM or network marketing company then? The lure of joining a MLM has great appeal: It allows you to work part-time, gives you an opportunity to build residual income and you become a small business owner. MLMs have created many millionaires. Those who are successful testify that it is a result of hard work, continuous prospecting, motivating and training others.

The concept of MLM is simple. Instead of paying huge advertising sales and marketing costs to promote their products, MLM companies convert their loyal customers into a huge sales force. They rely on word-of-mouth to do the marketing. The commission from the savings on employing sales staff, advertisement and promotions is paid to you instead. It is a win-win situation for both the company and the MLMer.

If you decide to join one, please note that many MLMs require an initial investment. Before making such an investment, here are 10 tips on how to choose a good MLM program to promote:

1. Choose a program that you like or have some interest in. The best way to know if this is a program you wish to promote is whether you are interested in purchasing the product for your own use. If so, chances will be that there will be others who will be interested in the same program.

2. Look for a program that is of high quality. For instance, choose one that is associated with a top expert or many experts in the particular industry.

3. Participate in ones that offer real, viable products.

4. A program that caters to a growing and target market will ensure
that there is demand for your referral. Do your research, participate in discussion forums to get feedback.

5. A compensation plan that pays out a residual income and a payout of more than 30-50% will be great. Avoid wasting time with programs that do not reward you substantially for your efforts.

6. Be aware of minimum quotas that you must fulfill or sales target that is hard to achieve. Some MLM companies impose a pre-requisite before you get paid.

7. Choose one that gives you plenty of tools and resources to help you grow the business easily.

8. For online MLMs, check whether the company has a proven system that allows you to check your network and compensation. There must be a reliable referral tracking system.

9. A program that offers strong incentives for members to renew
their membership each time. Obviously, one that provides continuous
help and upgrades for its product and business will tend to retain its members and will ensure growth of your network.

10.If your upline is someone you know, you can always ask him/her to spell out if there is any downside risk involved.

With millions of people coming on the internet, an online MLM will be a
great business to be in. You can easily recruit affiliates from all
over the world, keep in touch with them constantly and automate your
business easily. With the above 10 tips, I have narrowed my search to an exciting MLM company that I highly recommend. The payout is great at 65%. Check out http://www.e-SuccessMap.com for more information
if you are interested.

About the Author

Evelyn Lim is an online business entrepreneur. This article is extracted from her regular newsletter that teaches readers tips and strategies for MAPPING TO SUCCESS. To subscribe, or to find out more, please visit http://www.e-SuccessMap.com.

 Evelyn Lim

More Articles 

Which of these mistakes are you making with affiliate marketing? - Jason Mann
You may reprint this article for publication in your newsletter or on your web site only if you keep the entire article and the resource box intact.. – Jason Mann Which of these mistakes are you making with affiliate marketing? Without a doubt...

Internet Based Network Marketing Success - Lana Hampton
Internet based network marketing is a rewarding business for those who can do it right. However, Internet based network marketing can be as daunting to the beginner as to the more experienced in business, especially when considering the size and...

Is Affiliate Marketing Easy? - John Calder
© 2004, John Calder http://www.TheEzine.net Recently there were several posts on an Internet marketing forum discussing whether affiliate marketing was easy. Specifically, the original poster was angry because he said it seemed every marketing...

Taking E-mail marketing to the next level - Marc Singer
Many types of Internet advertising don't work as well as they once did. People have gotten used to banners and don't click on them. Some ezines have failed to keep their readers' interest and ads sometimes get less response. Search engines...

The Perfect Network Marketing System! - Daegan Smith
Network marketing is hard. Do not even attempt a home based network marketing venture unless you either have or plan on putting into place a highly potent and highly duplicatable network marketing system geared for 2005 and beyond. Before I tell...

MLM Network Marketing Training- Closing the MLM Prospect - Doug Firebaugh
MLM Network Marketing Training- The MLM Secret of Getting the Decision and Closing the Prospect. By Doug Firebaugh This is where the rubber meets the road. This is where you MAKE YOUR MONEY! Picture going through your prospect presentation....

Affiliate Marketing--Huh? - Vickie J Scanlon
Affiliate Marketing--Huh? by Vickie J. Scanlon www.myaffiliateplace.biz In my search for a presence on the internet, I searched many avenues, but was finding more scams and dead ends than I would care to speak about. It was one last scam and six...

Email Marketing Losing Its Effectiveness? The Alternative Is Desktop Marketing! - Michael Ginzburg
You've heard of email marketing, but it isn't what it used to be. With today's abundance of spam and even opt-in email solicitations, your messages are competing against hundreds of incoming messages daily. How are you ever supposed to stand...

Network Marketing Problem – Are Your Downlines Leaving You? - Farid Aziz
Well my friend, it happens all the time, you know. You recruit so many people to join your business, but almost 75% of them quit! So, what could be the problem? First of all, let’s take a look at your effort to maintain a good communication with...

The Stampede Secret of Marketing Using RSS Feeds - Laura Childs c 2004 www smartzville com
You've either heard about RSS Feeds in site design or marketing forums lately or you've seen little RSS or XML buttons popping up on websites everywhere. Click on one of those website buttons and you'll end up with a page full of code that looks a...

Three Key Facets Of Successful Network Marketing - Kirk Bannerman
Network marketing has many aspects, but promotion, persistence, and patience are three key elements which are critical to achieving successful results. PROMOTION is the lifeblood of network marketing. Whether you are using online methods or...

Effective or Irritating: The Use of Pop Windows in Internet Marketing - Morris Clopton
Copyright 2005 Morris Clopton A few years ago, pop-up windows were all the rage in Internet marketing. It seemed that every time one opened a web page they would be bombarded with offers for this or that. It had gotten to the point where surfing...