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Your first informational meeting for a multi-level marketing
opportunity will likely be a show. Be prepared for a
good dose of fear wrapped in your hopes and dreams.
The presenters will be charismatic, humurous, and reminisent
of a church sermon. They also will not likely answer
any questions in front of the audience, preferring you
save those for side conversations. But at the end of
the day, the show will provide you few details about
the business opportunity. You will have to be prepared
with your own set of questions, and a tape-recorded
to help ensure they're not giving you a bunch of b.s.
Every multi-level marketing opportunity should be approached
with the due-diligence you give any new business endeavor.
If the person trying to sell you on the opportunity
cannot answer the majority of these questions, than
they are not taking their business seriously. And you
should continue up the food chain until you find someone
who can provide you answers.
- What is the average annual expense/investment to
run the business for a representative in their first
year?
- What is the average ROI (Return On Investment) for
a representative in their first year? First five years?
- What is the average percentage of turnover in representative
each year?
- What is the average percentage of turnover in customers
each year?
- What percentage of profits come from the actual
sales of the products/services? And what percentage
come from the sales of motivational materials and
seminars sold to representatives/recruits?
- Who are the competitors? How does the company keep
their representatives from competing with each other?
- Why should customers buy our products/services instead
of our competitors?
- Can customers get their money back if they are not
satisified? Does the company eat the returns, or do
you?
- Will I ever have to payback/return commissions already
paid to me?
- What skills and qualifications does a representative
need in pocess to be successful with this opportunity?
Suggest
a new question.
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