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Spotting the Network Marketing / MLM Scam

Network Marketing and MLM business have immense potential be it online or offline. It also has the potential to let you earn high commissions and income.

Due to this, there are many MLM and Network Marketing Scams around, online and offline. Thus it is very important that you choose the company very carefully.

Here are some guidelines about choosing a Network Marketing / MLM company.

Background Study

You probably want to check out the history of the company, and background before you join. A reputable company should have a good length of history in operation in this industry. And what was the company doing before this. It may not be the main consideration factor, but it is good to know.

Products

Look at the company’s products. As a rule, an excellent product is the basis of your MLM business. The product will ensure you have a stable and long term income because it will appeal to your customers and they will have repeat purchase.

Companies with no clear product are usually running on a money-making scheme and appear like a scam. In the long run, you won’t be able to sustain your income and the company may wind down due to the reduction of incomers.

Compensation Plans

The most important thing that you should assess a company before joining is the compensation payout. Know how much the company is giving out as commissions. Find out the maximum commission from one sale paid out as commission to distributors.

Typically, the Maximum commission paid out to all the different levers should be around 50-60%. Anything above 70% is good for the short term, but the company may be over paying. The company may not be able to sustain for long.

And anything below 30% should make you think where did the rest go to?

Accreditation

The last and final thing you can check to reassure yourself that the company is safe to join is the number of accreditation the company has. The more accreditation the company has, the more reliable the company is, thus more likely to sustain a longer time.

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