Legitimate Home Based Business Tips – What Should You Look For?
Looking for a Legitimate Home Based Business? If you’re like many people in the US that are struggling to make ends meet, lost a job recently, or looking for a legitimate home based business and a solid way to make more income for your family…please read this article in its entirety. Every MLM company and its representatives believe they have the best opportunity to make money, but do they really? This article will provide clues on what to look for in a legitimate home based business.
Legimate Home Based Business Tip #1 – Method to Market
For starters, a legitimate home based business should comprise of a marketing plan they have always known. IE, professional sales, networking events, online sales methods that convert, advertising in traditional methods, etc, and there aren’t a handful of MLM’s that can say that. MLM is a VERY tricky business and in order to make money a lot of planning and strategy typically needs to be done in order to be successful.
Planning for home parties, planning on website design and effective wording to separate yourself from the millions of people selling like products in an already crowded internet environment. Typically you can’t just say what you have, you have to use a “crafted approach” to gain someone’s interest. Do you keep your options open for income? What are you doing Thursday night at 7? I’m having an opportunity meeting at my house. You know the drill. It gets really really old…doesn’t it? I’m not saying that planning or strategy is bad, BUT many people want a proven way to market products in traditional methods they know…NOW! If you can target health clubs or trainers for wellness products, spas for skin care products, or technology services to allbusinesses, then you may can call it a legitimate home based business in the eyes of the masses. Conversely, if you can’t sell your product effectively through PPC Online, or have terrible website conversions based on value or appeal, you don’t have a legitimate home based business in my opinion.
Legitimate Home Based Business Tip #2 – Pricing Passes the Wal-Mart Test
If we’re all being honest, its NOT as easy as some people make it sound to build an income with a legitimate home based business because most of the products don’t pass the “Wal-Mart price test”. What do I mean? If your MLM product couldn’t be sold at Walmart for similar pricing, why do you expect people to buy it long term through your MLM opportunity? The “masses” are looking for value in this economy in my opinion or something highly unique, and the MLM industry tells us this in atrocious retention figures.
Less than 20% of people that join an MLM, hoping for a legitimate home based business, will be there one year from now! The first thing people cut, if they are struggling, is an expensive auto-ship. If you’re working online, selling door to door or in traditional network meetings, your product should have a solid value proposition. With every product-based MLM company you need to have inventory to sample to potential customers. It just makes sense that you can’t sell from an “Empty Wagon”. However, if your products aren’t priced competitively in the marketplace, they just won’t last long-term, no matter how much you love them.
Legitimate Home Based Business Tip #3 – Customer/Distributor Ratio
The culture of distributors buying the majority of the products being sold through the MLM company is rampant. In fact, the largest of all MLMs acknowledge that only 18% of its sales are made to non-distributors. This is a major problem in the MLM industry, because most MLM’s build their model on distributor acquistion, not customer consumption.
Determine the Customer/Distributor Ratio – This economy is tough tough right now! The “masses” or discerning consumer, the people you are trying to appeal to, are looking for either value or something extremely unique they can’t find just anywhere. Your consumer to distributor ratio should be 60/40 at most in my opinion. 60% of the MLM companies products should be purchased by consumers or used by distributors whether there is an MLM opportunity attached to it or not. Whether it be health & wellness, skin care, greeting cards, technology companies, etc, make sure this stat is present or its quite simply not a legitimate home based business.
Legitimate Home Based Business Tip #4 – Low or Value Added Start-Up Costs
Lastly, lets talk about high start up costs. I’ve never had a problem with paying to join an MLM to be honest, but I know in this economy many people do. They are evaluating every penny they have, and they are much more hesitant to join just any ole MLM these days. They are doing more research now, trying to figure out how they can market the business themselves to determine how they can truly make money. Under $500 Start-up for most MLM’s is acceptable IF there is plenty of value in the amount of samples or inventory you receive. Can you sell it to get your money back or do you just get a distributor kit? Paying $500 to sell something or purchase expensive training is NOT the safest best to start a legitimate business. Most companies want people to sell their goods and services and encourage new distributors to grow their base of business. Avoid “Shell Games or Money Games” if possible. I made that mistake once, and its a costly one. If you can’t justify your easily either through samples received, savings by using a competitive technology service, or inventory that you can sell later, chances are you are not in a legitimate home based business.
Are You Ready to Start a Legitimate Home Based Business?
I recently ran across a legitimate home based businessthat I believe will change millions of peoples lives in the next few years. Either by saving them money on products and services they already use, or by making it easy to get involved and share the opportunity with others. It’s FREE to join right now, and saves 95% of consumers money on a service everyone you know already uses, and the auto-ship is $49 for a product everyone in the US uses, but pays an average of $75 a month for.
No hype or games. You can sell B2B, Converts VERY well online, has mass appeal that every American above the age of 10 uses, pays residual income, and an extreme rarity is that it has the BEST pricing in the marketplace on a commodity service.
Since its Free to Join Now with their current promo, and only $49 to join normally, this legitimate home based business meets all 4 criteria we discussed as far as choosing a legitimate home based business. Contact me today for more details and start earning a $1000 a month part-time in 90 days or less.
Call or Text 865.388.4000, email [email protected], or Skype ID is deanethridge. Make it a great week and share this if you think it will add value to someone you know!
Legitimate Home Based Business
Legitimate Home Based Business
Legitimate Home Based Business