Archive for the ‘MLM’ Category
What Are the Recent Shifts in MLM?
by Rahimah Sultan
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If you’re marketing online, you see daily advertising for MLMs. You may be thinking about signing up for one of the programs.
So, what are the recent shifts in MLM?
There are low-cost products, a simple recruiting system, and a high percentage of affiliate products.
Although pyramid schemes resemble MLMs, MLM is a legitimate money-making business model. So, what are the differences?
Pyramid Schemes vs. MLM
Both operate with the same structure, although it comes down to sales versus recruitment in the compensation plan.
The FTC (Federal Trade Commission) states that MLM will pay you based on your sales to retail customers, without having to recruit new distributors. A pyramid scheme relies on the continuous recruitment of dues-paying members to keep afloat, even if members are required to continue buying the products they may not be able to sell.
After doing your due diligence, you might want to consider other ways to bring in income instead.
What is MLM?
MLM (Multi-level marketing), also known as direct selling and network marketing, is a business model for selling products directly to purchasers using independent sales representatives.
Usually, MLMs have a detailed compensation plan that outlines exactly how these upline and downline relationships work and how distributors get compensated. These plans explain recruiting and sales commissions, and they define requirements members must meet to be eligible for compensation. These are usually expressed in minimum sales targets and numbers of new recruits.
There are hundreds of the old MLM companies still around and many people are still making money from them. That’s because they signed up when those were startups, within the first two or three years after they launched.
So, again, what are the recent shifts in MLM? Check out the current best MLMs.
What are the current best MLMs?
If you want to go ahead with MLM, the following are touted as the best five new companies for 2023-2024.
1. LIVEGOOD
LiveGood is one of the fastest growing. Their products include CBD supplements, dietary supplements, and beauty products.
2. APL GO
They carry lozenges and drops with propriety health benefits. It is a Acumullit SA technology that is revolutionizing the wellness industry.
For motivation, they have travels, promotions and motivating events, technology that is one of a kind and exclusive for their products, six options for starting your business, and 15 kinds of bonuses.
They also have 24/7 support and a step-by-step plan and a nice website, webinars, videos, etc.
3. PAWTREE
Although Paw Tree which has been around since 2018, got off to a slow start, it has been making up time.
They obviously offer pet supplies for cats and dogs. There’s a full line of supplies plus supplements.
4. IX GLOBAL
This is a learning-based MLM. They are leveraging today’s most addictive trends such as health, productivity, fitness, spirituality, etc.
You get training, from the top experts in the area that most interests you, from brilliant minds who know how to encourage and impact. You’ll see speakers from all different global stages.
5. IGENIUS
This MLM is about financial markets and investing practices. You’ll get an education and tools for cryptocurrency equity and forex markets. There’s live training and market research provided by experts and it’s easy to follow along.
You should just watch this one for two or three years before jumping into this network marketing business.
In summary, research indicates that older MLMs are not so profitable and not the way to go.
When considering an MLM company, remember the low-cost products, simple recruiting systems, and the high percentage of affiliate products in recent MLMs.
Most importantly, you should get in during the first 2-3 years.
Before getting into MLM, explore your own strengths and what needed service you can provide to others. There are inexpensive ways to start and you can create a very sustainable and ethical income avenue without the headache of a garage full of products you can’t get rid of.
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MLM Marketing Online
by Rahimah Sultan
Advertising Disclosure: Marketing Success Review may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. There is no expense to you.
To build a business in this day and age, you need to use some form of MLM online for the duplication process.
The old form of MLM required people to attend meetings, and conferences, and to do in-person recruiting to build their teams and grow their businesses.
Now, everyone wants to be able to be on their phone or laptop and successfully recruit new distributors and build a money-making side business. Here are two strategies for doing MLM marketing online.
Strategy #1 – Social Media
Social media has taken over, and there are people who have never known a world where social media didn’t exist.
Every day people spend hours online. It’s how many socialize, get entertainment, news, and communicate and participate with others.
So anyone in MLM should be using social media to market their business. It’s not hard to do and is a simple way to meet people and prospect them for your business.
There’s a right way and a wrong way to do this. Most people fail because they forget to act like humans and just start spamming their business and product links on their personal profiles, on pages, in groups, and in private messages on messenger to perfect strangers.
This does not work.
When it comes to links for your MLM business or product, do NOT:
Post them on your personal page
Post them in groups
Post them on pages or as a reply to other peoples’ comments and
NEVER send a link to anyone in a message without first having their permission
For success in MLM, you only have to meet as many people as you can, get them to know, like, and trust you, and then ask them if they’re open to looking at your opportunity.
If you do this on a daily basis, you’ll be successful.
Let’s use Facebook as an example.
You should be adding friends daily, about 5 at a time and up to 20 a day. Don’t overdo it, as you will be shut down by FB.
You can join pages and groups that interest you, and start talking with these people and adding them as friends.
Facebook has a feature where they suggest friends to you. These are friends of friends you already have.
Add those people and send them a message that states something like:
Facebook suggested we become friends. I sent a friend request. I see we both know so and so. How are you?
Get to know your new friends by commenting on their posts, messaging them, and having normal conversations.
You’re growing your network, so take your time and don’t rush. When the time is right in the relationship, you can ask them if they’re receptive to looking at your business.
With some friends, it could take 2 to 4 days, while others may take a month or longer.
It doesn’t matter, because you’re consistently adding people as friends and engaging with them.
Strategy #2 – Create Influence
Influence is a strong and powerful thing. Just about all of the top earners have it in some form. Unlike offline influence, which is hard and takes a long time, online influence is quite simple and straightforward.
You can do it by creating your personal Facebook profile (or any social media profile) and by using what is called Attraction Marketing.
You start by focusing on whom you want to recruit, and by picking a target audience. These are people who you do or can relate to; realtors, hikers, bikers, people interested in good health, etc.
Now that you’ve chosen your target market you need to set up your profile in a way that they’ll find attractive. You need a nice personal picture and a compelling cover photo. Your about me section should sound appealing.
Don’t mention or refer to your business or product in any way, shape, or form.
Now, start posting things that your target market will find interesting, informative, educational, and entertaining.
Let people get to know, like, and trust you by posting things about yourself and your life. Show them posts of you out and about enjoying life and having a good time with friends, family, etc.
Then you can post about your business or product but do it sparingly.
Only post about your MLM business or product about 10% of the time. When you do post about the business, just give hints. Don’t give everything away.
Instead, make people curious by giving them a little bit of information about what you’re doing but not everything, like a movie preview.
Don’t say the name of your business or product. Don’t post a link, and don’t make spammy posts like: “I’m looking for 4 people to help me make $1200 in the next month.”
Attraction Marketing uses marketing techniques such as blogging, Facebook advertising, video marketing, and email marketing to set you up as an authority in your chosen niche.
When you use these marketing methods, people get to know, like, and trust you as an expert in your niche. They’ll look up to you and will want to work with you and buy from you.
Using these 2 strategies for MLM marketing online should enable you to easily transfer skills from the old form of MLM business building to today’s online method.
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MLM Is A Legitimate Business Model
by Rahimah Sultan
Advertising Disclosure: Marketing Success Review may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. There is no expense to you.
MLM (multi-level marketing) IS a legitimate business model. MLM is a marketing strategy in which the sales force is compensated not only for the sales they generate but also for the sales of the other salespeople that they recruit. This recruited sales force is referred to as the participant’s “downline”, and can provide multiple levels of compensation.
MLMs have been around for over a century, are legitimate, and they work for some people.
In multi-level marketing, companies basically promise a chance to leave your 9-5 job, be your own boss, make lots of money, and make new friends in the process.
There is an ongoing debate as to whether these companies and programs are legitimate business opportunities or not.
The reason for most of the confusion is that multi-level marketing companies follow a concept similar to a pyramid scheme, except for two significant differences:
One being members at any level of a multi-level marketing model can theoretically make income through the company’s products and/or services without signing up any new members.
The second difference is that members of any level in a multi-level marketing plan can earn more than the people who signed them up.
Multi-level marketing companies are legal although structured almost exactly like a pyramid scheme.
A pyramid scheme is a non-sustainable business that involves the exchange of money, usually in the form of a sign-up fee, and usually has no product or service.
Following are some major indicators of a pyramid scheme.
* Programs that focus more on recruitment of new people rather than the sale of a product or service to an end-user consumer.
* Plans that claim you will make money through continued growth of your “downline” rather than through your own sales of products.
* Programs that ask distributors to purchase expensive inventory. There are horror stories of people with a basement or garage full of merchandise that no one will buy.
* Plans that ask you to sign a contract or pay money to participate in a multi-level marketing program, or any business opportunity, without taking your time and reading all of the paperwork.
Talk the opportunity over with a spouse, knowledgeable friend, accountant, or lawyer. If you feel that you are being subjected to high-pressure sales tactics or are not being given enough time to review the details, go elsewhere.
* Products or services are simply vehicles for recruitment. The products may be gimmicks and/or overpriced, but even high-quality products may serve as a cover for recruitment activities.
According to the FTC, a pyramid scheme is defined as a company that specifically pays members for recruiting purposes only.
Check the FTC’s website.
To be super-successful in network marketing, you have to recruit new members.
It doesn’t matter how good your product or service is — the real money is in the flow of new recruits.
There’s the age-old debate that standard companies are set up like a pyramid, with a CEO at the top, some more officials under them, managers at the next lower level, and the team under the managers.
MLMs are completely different from standard companies.
Most companies don’t require their new employees to pay a sign-up fee to join, or have the majority of their product sales coming from their own employees, nor do most companies allow workers to personally recruit other employees into the business. HR does that.
Once you have found a legitimate multi-level marketing company that you want to be a part of, you must put in the work to make it profitable. If you want to succeed be disciplined and treat it like a business and be willing to follow advice from others who have made it.
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How Does MLM Compare to Pyramid Schemes?
by Rahimah Sultan
Advertising Disclosure: Marketing Success Review may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. There is no expense to you.
If you’re considering a multilevel marketing (MLM) opportunity, be very cautious. MLM and pyramid schemes can be very similar.
How does MLM compare to pyramid schemes?
What is MLM?
Some people like the MLM business model. You have the opportunity to become involved in a system for supplying products to consumers. MLM associates have the support of a direct sales company so they don’t have to start a business from scratch. Some of the companies train you.
When you become a MLM distributor, associate, consultant, or whatever term the company uses, you make money, by selling products to other MLM participants who are not already a member, when you sign them up.
You earn money on your sales as well as a percentage of the sales of the new distributors you bring in. The people you bring in are your downline. Sometimes you get bonuses after reaching certain milestones like bringing in a certain number of new people or selling a certain amount of product. You can also win cash, trips, and automobiles.
MLM can be a legitimate business opportunity, but not always. MLM is legal in Canada and most of the United States, whereas pyramid schemes are not.
What is a pyramid scheme?
If you’re looking for a legitimate business opportunity, it can be very difficult to tell the difference between an MLM opportunity and a pyramid scheme.
A pyramid scheme also offers the opportunity to make money by signing up others and achieving certain levels.
Unlike MLM, a pyramid scheme exists solely to get your money and then use you to recruit other distributors.
Ask yourself the following questions before signing on:
Do you have to invest a large amount of money upfront to become a distributor? MLMs do not require large startup costs.
If you have to pay for inventory will the company buy back unsold product? Legitimate MLM companies offer 80% buyback.
Does the company offer actual products or services? MLM companies depend on an actual market for products and services. Don’t sign up if the company doesn’t seem to have any interest in consumer demand for its products.
Is the focus more on recruitment or products and services? Pyramid schemes focus on fast profits from signing up people and getting their money. If this seems to be the case, run.
How to Determine the Focus.
The pyramid scheme focuses on fast profits from signing people up and getting their money.
If the emphasis is on recruitment rather than on selling the product or service do not sign up.
Another trademark of the pyramid scheme is the offer of commissions for recruiting new members. This is what matters in a pyramid scheme, not the products or services being offered.
When you’re deciding on a business opportunity thoroughly check out the company. Get all the information you can on its products and operations.
Check out the business or marketing plan. Talk to others who have experience with the MLM company and its products. Determine if there are real products being sold and the quality of these products or services.
Check with the Better Business Bureau to see if there are any complaints against the company.
When attending recruitment meetings, listen very carefully for claims of you being able to make amazing amounts of money. That should set off the alarm bells for you.
Although being part of a successful multilevel marketing company can be both profitable and fun, unfortunately, some supposed MLM opportunities are just cons designed to flatten your wallet and trash your dream of running a business.
So, How Does MLM Compare to Pyramid Schemes? MLM is a legitimate business opportunity, whereas pyramid schemes are scams to take your money.
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MLM: Is It Legitimate?
by Rahimah Sultan
Multi-level marketing is called many things: network marketing (most common), direct sales, affiliate marketing, referral marketing, dual-level marketing, consumer-direct marketing, home-based business franchising, home-based business opportunity, and inline marketing.
But, using one of these terms to define a business DOES NOT automatically make it an MLM.
Multi-level marketing companies basically promise a chance to leave your 9-5 job, be your own boss, make lots of money and to make new friends in the process. The ongoing debate is whether these companies and programs are legitimate business opportunities.
According to Wikipedia Multi-level marketing (MLM) is a marketing strategy in which the sales force is compensated not only for sales they generate, but also for the sales of the other salespeople that they recruit. This recruited sales force is referred to as the participant’s “downline”, and can provide multiple levels of compensation. Most commonly, the salespeople are expected to sell products directly to consumers by means of relationship referrals and word of mouth marketing. Some people use direct selling as a synonym for MLM, although MLM is only one type of direct selling.
So, due diligence is required before joining any of these programs.
Here is a great article on MLM.
This post includes an updated 2020 list of the top MLM companies in the US and international ones.
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MLM: Network Marketing Traps
by Rahimah Sultan
As you advance in your MLM business, there are three phases you’ll encounter, and each can be a trap.
The first is introverting which occurs at the beginning of your network marketing career. At this point you’re very afraid and studying scripts. You’re so focused on getting the words correct that you don’t communicate the concept to prospects. You must get passed focusing on what others think about you.
To get passed this, practice what you’re going to say over and over BEFORE getting in front of a live person, focus all your attention on the prospect, and have so much activity going on that you don’t have time to focus on your fears.
Second is doing it all. You sponsor so many people that you begin to feel no one else is doing any work or you wonder how to motivate your downline or you feel as though you’re sponsoring “duds.”
You have to have the patience to train the people you sponsor. You can’t do it for them. Don’t stop training your distributors until they can properly train their distributors.
Third is getting in the rut of making enough money to keep you going, although it’s not the money you dream of making.
Read The Three Booby Traps of Network Marketing
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A Few Tips About MLM
by Rahimah Sultan
There is an ongoing debate as to whether businesses and programs, that promise you a chance to leave your day job, are legitimate business opportunities or scams/pyramid schemes. Multi-level marketing (MLM) companies offer you a chance to be your own boss, make lots of money and new friends in the process.
Here are some major indicators of pyramid schemes:
* Programs that focus mainly on recruitment of new people
* Plans that claim you will make money through continued growth of your “downline” rather than through your own sales of products
* Programs that ask distributors to purchase expensive inventory
* Plans that ask you to sign a contract or pay money to participate in a multi-level marketing program, or any business opportunity, without letting you take time to read all of the paperwork
* Products or services are just vehicles for recruiting, and may be gimmicks and/or overpriced. Even high quality products may serve as a cover for recruitment activities.
Compensation Plans
A MLM company will have one of several Marketing Payment Structures. It can be a Matrix Plan, a Binary Plan, a Breakaway Plan or other.
The distinct feature of a Matrix Plan is its limited width. Unlike other MLM compensation plans, a Matrix restricts the number of distributors you can sponsor on your first level, usually to less than five. The most commonly used Matrix MLM plans are 4 x 7, 5 x 7, 3 x 9 and 2×12.
A Binary Plan is a Two-Legged (Left leg, Right Leg) structure where each new distributor or member is placed in either of the left or right subtree. One subtree is called a Power Leg or Profit Leg and the second subtree is a Profit Leg or a weak leg.
Advantages of a binary MLM plan are:
Spillover, unlimited depth, fast expansion, it’s volume driven, and there can be multiple business centers.
The Breakaway Plan, also known as the Stairstep Plan, has different status stages or steps. Once you reach a certain level you are allowed to “Breakaway” from your sponsor and run your company individually.
Advantages of the Stairstep Breakaway MLM Plan are:
The earning potential on more levels, no limit on the number of people who can be recruited into your first generation line, and there is no limitation on the number of recruits that your downline distributors are allowed to recruit.
It’s important to do your due diligence and check out all programs you may be thinking of joining. Discuss it with a spouse, a knowledgeable and experienced friend, an accountant, or lawyer. You can also check out the company with the BBB. If you feel that you are being high-pressured or that you’re not being given enough time to study and evaluate the details, look elsewhere.
Once you have found a legitimate MLM company that you want to be a part of, be prepared to put in the work to make it profitable. If you want success, be disciplined and treat it like a business and be willing to follow advice from others who have made it. Although using multi-level marketing for supplemental income can be a good plan, understand that it will take time to make it your full-time income source.
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MLM Confusion
by Rahimah Sultan
Multi-level marketing companies basically promise a chance to leave your 9-5 job, be your own boss, make lots of money and to make new friends in the process. The ongoing debate is whether these companies and programs are legitimate business opportunities.
According to Wikipedia Multi-level marketing (MLM) is a marketing strategy in which the sales force is compensated not only for sales they generate, but also for the sales of the other salespeople that they recruit. This recruited sales force is referred to as the participant’s “downline”, and can provide multiple levels of compensation. Most commonly, the salespeople are expected to sell products directly to consumers by means of relationship referrals and word of mouth marketing. Some people use direct selling as a synonym for MLM, although MLM is only one type of direct selling.
Read more
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Multi-Level Marketing Tips
by Rahimah Sultan
For those who have not saved enough there is a need for alternative ways to either save more or generate supplemental income starting now, and continuing throughout retirement. You may be one of those people for whom multi-level marketing is a good fit. Or you may just want to be involved in activities that keep you busy, relevant, in good health, and connected to others.
If you’re considering Multi-level Marketing Read Multi-Level Marketing For Additional Income.
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Is Multi-Level Marketing a Good Business Model for You?
by Rahimah Sultan
Advertising Disclosure: Marketing Success Review may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links on this website. There is no expense to you.
What is MLM?
Multi-level marketing can be a full-time job with limitless income possibilities, or your side hustle.
MLM, also known as network marketing and direct selling, allows everyone a chance to build a big business even on a tight budget. It also allows you to achieve passive income and multiple revenue streams.
Multi-level marketing, also called network marketing or pyramid selling, is a controversial and sometimes illegal marketing strategy for the sale of products or services in which the revenue of the MLM company is derived from a non-salaried workforce selling the company’s products or services, while the earnings of the participants are derived from a pyramid-shaped or binary compensation commission system. Wikipedia
What are some of the best MLM companies?
There are thousands of multi-level marketing businesses to choose from in all niches around the world. This is a compilation of some of them, based on sales, growth rate, distributors, attrition, product or service quality, legal compliance, and countries served.
Aside from network marketing and maybe high-ticket affiliate marketing opportunities, can you realistically start any other legal business for $0-300 and make 6-7 figures of income within 1-2 years while working mostly online?
Affiliate marketing, MLM, and direct selling have small risks, but they’re almost unparalleled in their risk-to-benefit ratio and meager startup costs. Going forward, as a network marketer you are strongly situated for profits.
Here are some of the best MLM companies in no particular order:
1. LiveGood
LiveGood, an international MLM company, has a membership fee of $40 for the first month and then $9.95 each month after that. You don’t need to recruit a downline, and you can earn up to $2,000 per month from spillover. Earnings are increased as your downlines and matrix fill out over time.
As their high-quality healthy dietary supplements and proprietary CBD products are so affordable, recruiting and product sales are easy.
2. Amway
Amway was founded in 1959 and its first product was Liquid Organic Cleaner (L.O.C.), the first ever concentrated biodegradable and environmentally friendly household cleaner. This product brought the company a lot of early success because there was virtually no competition.
The company has expanded, over the years, to include beauty products, health supplements, and even more cleaning supplies, making the company that much more marketable for an IBO (independent business owner).
3. Avon
In the Western Hemisphere, Avon is almost a household name. It’s the leading beauty company in the direct sales market and has easily become one of the leaders on a global scale.
Avon has over 130 years in the industry and knows what it takes to grow the business. Through the use of network marketing, it has been able to grow even faster and farther across the world. The company is well-liked and is thriving. Avon empowers women through the direct sales opportunity and also gives back to research and organizations associated with breast cancer and domestic violence survivors. It was recently acquired by publicly held Brazilian company Natura & Co.
4. Nu Skin
Nu Skin offers personal care products and a variety of antiaging products including skin care, personal care, and supplements. The company has founded and given to charities to help those in need. As its focus is health and well-being, Nu Skin donated over $8 million to help feed hungry children.
As one of the most successful publicly traded MLM companies, they even pay a quarterly dividend which is almost unheard of for MLMs. Unfortunately, they recently made a big cut in dividends and their $NUS stock price is at record lows right now.
5. Herbalife
Herbalife is a nearly 50-year-old nutrition and weight management company that has gone global with the plan to promote wellness. Since the network marketing strategy has proven to be quite successful for the company, Herbalife Nutrition continues to grow.
Herbalife, which is California-based, is able to reach people all over the world through social platforms and the network marketing method. It’s also one of the largest and most successful publicly held companies in the world. Unfortunately, HLF stock is now at record lows with a tough battle in the stock market, despite decreased investigations by the federal government.
6. Organo Gold
Founded in 2008 by Bernard Chua, Organo Gold has his unique blend of Ganoderma coffee products. Organo Gold rapidly exploded around the globe and is widely available in Northern Europe and parts of Asia and Africa. Organo Gold is also the leader in charity and initiative, Bags for Life, their program for women. Organo Gold recently launched its Travel Program called Travalla. The coffee’s MLM Flagship Product is Gourmet Black Coffee. Their Compensation Plan includes $20-$120 for new orders. Get paid in 7 ways with this smart MLM business model and earn up to 50% on retail sales on Organo Gold MLM product sales as well to boost overall income.
7. Flavon Max
Flavon Max started as a small family-run business but in a short period of time, the company grew into an international success and is setting out to be a leader in the health and nutritional industry. It is the best fitness MLM company to join. At Flavon Max, the products are enriched with extracts from biologically ripe fruit, not artificial sources or genetically modified ripeness. This top-ranked fitness MLM company provides products with unique and incomparable ingredients to help make your life and family healthier. This leading network marketing company offers a range of nutritional supplements, specifically for each member of the family as well. Kids nutrition, mom and dad, and even grandparents are all taken into account when Flavon Max produces its wellness MLM products.
8. Melaleuca
Founded in 1985, Melaleuca is a leading wellness company in a highly competitive market. It has always aimed to set itself apart from the rest of the network marketing companies. Melaleuca wishes to help enhance the lives of people worldwide. It now offers over 400 products that promote health and wellness and aims to help people all along the path of their wellness journey. Now averaging over $2 billion in annual revenue after 2023, Melaleuca is among many of the network marketing maps all over the globe. Thai entrepreneurs can earn plush profits with this top MLM company.
9. Pampered Chef
Pampered Chef is a global multi-level marketing company that offers kitchen tools, food products, cookbooks, and other items for home food preparation. They also offer gardening tools and some products to help transport a few of their items. Heading into the future, Pampered Chef is one of the best frugal MLM companies and top healthy network marketing businesses to join.
What are the top best new MLM companies?
This year, 2024, cannabidiol product sales have exploded around the world, due to their appeal over alternatives like addictive and dangerous pharmaceutical drugs and less legal marijuana.
Here is a partial list of the best new MLM companies in no particular order:
1. Nu Skin
Nu Skin is a leading MLM company specializing in health and beauty. They recently added CBD skincare products to their diversified product line. It’s not a new direct-selling company but is a successful and stable MLM organization that will only grow further after adding cannabidiol products. Nu Skin will continue to be a top-performing network marketing business they’re so far ahead of most CBD MLMs in terms of global distribution.
2. Hempworx & My Daily Choice
Hempworx by My Daily Choice was launched over 5 years ago with a huge splash in the MLM space, experiencing a 1000% growth rate within 3 months of launching, and that caused some initial delays in shipment and customer support. Now, they’re in the full swing of things. You can get a 500 MG bottle of Hempworx pure CBD Oil drops for $69, plus a one-time activation fee of $25. MDC commissions are the largest in the MLM industry at 30% to 50% on first-time orders.
This MLM business offers great marketing tools and also has the highest commissions in the CBD oil industry.
The downside is this network marketing option is relatively new. Shipping can be slow for some CBD products.
3. CTFO
Change the Future Outcome also known as Chew the Fat Off is very new in the MLM industry, at least with the new CBD Oil line. The company was originally called Chew the Fat Off but is now known as Change the Future Outcome. They offer an affordable CBD Oil and their compensation plan is a patented forced matrix. Commissions are around 20% for this top cannabinoid MLM company.
4. CBD Pure
Although they have a generous 40% affiliate referral program on one-time sales and a no residual income aspect like MLM, CBD Pure is not a pure network marketing company. It’s based out of Europe but has a store in Vancouver, Washington. They have grown rapidly, and the CBD Oil is made in Denmark.
5. Cannaceuticals
Cannaceuticals is a skincare and anti-aging CBD oil MLM company that has an upscale product offering. The CBD creams and lotions are organic, non-GMO, non-toxic, and THC-free. It’s a top CBD MLM company to consider joining if you have a high-end audience to sell to or recruit with.
Choosing the best MLM company for your skills, niche, and audience is just the first step toward making money. It takes more than an up-and-coming network marketing company and a product to help you recruit a large team and earn major commissions. Success in MLM takes more than a few months of hard work and a little luck.
You’ll need a combination of marketing, content production, branding, and sales knowledge to sell your MLM product or service plus recruiting for your downline.
Social media marketing, email marketing, blogging, vlogging, SEO, PPC, event planning, and other best industry practices will make the difference between a successful time in MLM and failure.
The more tools and skills you can use, the higher your chance of success in network marketing and direct selling. And, you’ll have to spend a little money sometimes to make money.
Although most network marketing business has transitioned online, word-of-mouth referrals and well-timed phone calls can make all the difference in your frugal MLM journey. To avoid becoming white noise, you sometimes have to do what your peers and competition aren’t doing to avoid becoming white noise.
At the beginning of your MLM journey, it will help to take advantage of your warm market. That means politely but assertively offering your network marketing opportunity to family, friends, coworkers, former associates, and other acquaintances you feel comfortable discussing it with.
A few recruitments to your downline and product sales can help you build confidence to approach the cold market and build on your initial momentum. When you’re working in multi-level marketing, your warm market won’t last forever.
What you really want is an MLM company to provide you with high-quality and customized landing pages that offer high conversion rates. Auto-responder email marketing software will help convert more leads and upgrade more of your downline team members for greater network marketing success with less effort. This goes a long way in boosting your wealth and health long term. So, is multi-level marketing a good business model for you?
Try this viral mailer that pays