To make money in network marketing you have to have a product.  That sounds simple enough, but a lot of people are getting into network marketing or MLM without a legitimate product!  If the “opportunity” you are looking at does not have a consumable product that is in demand…you will probably fail.  Don’t fall for those 1 or 2 up programs and especially the gifting programs.  Many of these are illegal!  Also, don’t fall for anything that does not have a RESIDUAL income or you will just be doing a sales job.  After all, you want to get into network marketing to have financial and time freedom, don’t you? 

 

Another thing is that the products must be good enough that people would buy them even if a business opportunity did not exist.  These are at least two of the basic components that you will need to make a lasting income in network marketing.

 

One question that you must ask BEFORE you join an opportunity is this: “How many people do I have to have in my organization to make $10,000 a month?”  Do you know that there is a super hot “opportunity” out there right now that will require 100,000 people on autoship make $10,000 a month!  So many are excited about this opportunity, but never sat down to look into the compensation plan.  Another 17 year old company will require AT LEAST 3,500 people on autoship to make $10,000 a month!  It’s a bit better, but that is still a lot of people and the FACT is; the average person will not succeed in making those numbers.

 

Another thing that will determine how much money that you will make is the price of the product.  Let’s say you are in the health industry.  Are the prices in line with similar products that you can get at a local health food store?  The key thing is; is it affordable?  If it’s a super-duper product, but is cost prohibitive; you will not be successful in the long haul.  You may love the product, but if the average person can’t afford it; you will fail in promoting the product or products as a business.

 

If you are an average person, this is what you need to ask before joining a business opportunity:

 

  • Does it promote a legitimate product or better yet, products?
  • Are the products in enough demand that people would buy them even if no business opportunity existed?
  • Is the product priced right?  If it’s too expensive, run!
  • How many people do you have to have in your organization on autoship to make $500, $1,000, $2,000, $4,000 or $10,000 a month?

 

To make money in network marketing, these questions have to be answered and the answers have to be honest and reasonable.  Again, there needs to be a legitimate product or products that are in demand and are priced competitively.  Also, it must be attainable for the average person to make $10,000 a month without recruiting and entire town. 

 

Let me explain the last sentence.  To expect the average person to get 100,000 in their organization is unrealistic.  Even 3,000 people is probably not going to happen.  With my company, I only need 350-400 people in my entire organization on autoship to make $10,000 a month!  Some have made those numbers with less people!  Too me, that is much more realistic and attainable.  Also, the products we carry are awesome and I would purchase them even if I was not an affiliate of this company.  Not only that, but they are affordable and inline with similar products that you can get at a good heath food store.  I have one friend who is spending over $90.00 a month for what I am getting for $40.00 a month!  No, the product is not any better, just more expensive!  His wife, who is in the business needs to have 10 times more people in her organization than I do to make the same about of money!  How can a company with a  product that costs more end up giving less money to its affiliates than my company with a product that is less than 1/2 the cost?  They need the bigger margins to cover the huge company overhead, the shareholders, and pay the affiliates.  That’s the only difference.  My company has no shareholders and their overhead is very small in order to keep product prices down and pay the affiliates better than any other company I know of! 

 

So, let’s go back to the original question:  “How much will you make?”  Do you have an answer?