Are MLM Rankings Important to Your Success?
Hopefully, your decision to kick off your own multilevel marketing business was a process that included plenty of research into which company would be the best for you and your objectives. If, during that process, you took a look at a list of MLM rankings, you should have come away with a good idea of which MLM corporations are the most successful.
But. don't simply use a list of MLM company rankings to make your decision. There are a number of other equally important factors you need to take into account.
One of the most useful things is to find out is how long an MLM company has been around. As with start-ups in any industry, most MLM corporations fail during their first few years. The reasons for failure can include one or more of a variety of factors including bad management, bad products, or the company may not had sufficient funding to sustain their burn rate.
Although some people have made millions from getting in early on MLM start-ups, there is a large risk concerned and, if you've had no experience in MLM, a start-up is probably not the best choice for you.
MLM Product Rankings
An MLM company's products are crucial too. Decide what kind of product you'd be excited to promote.
If you promote and market a product over which you are enthused, you'll be much more successful in your business.
It is extremely challenging to promote a product effectively if you aren't satisfied yourself that it's a good product. Find a product that you will be happy to promote.
Where to Find MLM Rankings
There is a web site called MLMRankings.com which will give you an excellent idea about the most popular MLM firms. You will also get a good feel for the products or services they promote and whether they are a good fit for you.
Take a close look at how a company may be gaining or losing in the MLM rankings and if there is a downward decline, find out why.
Compensation plans are also important. Network marketing compensation plans can have complicated names and can be exceedingly tough to understand. If you have questions, ask either your potential sponsor or the company. You can learn the details of the comp plan after you join the company, but you should have a general understanding of how things work.
The Bottom Line
Are MLM Rankings accurate? I believe they are if used correctly. Unless there's a wide gap between two closely ranked sites, factors other than their rankings alone are probably more important. However, all else being equal, a company ranked in the top 10% is clearly more popular than one ranked in the lower half of the rankings. So, if you're not trying to parse your list of potential companies too finely, the MLM rankings can be a useful tool.
Will your company's ranking effect the eventual success of your business? Probably not as long as you've made a prudent choice and considered all of the other factors. It will take less time and effort to be successful in a highly popular business.
However, the eventual success of your business is primarily dependent on you, your work ethic, your skills, and the systems you have in place for generating and converting leads in your business. Without solid foundations in those areas, you'll find success elusive no matter how high your company is in the MLM rankings.
Many successful network marketers rely on one proven and popular attraction marketing system to grow their business in all of these areas. That system is My Lead System Pro. Check out their trial offer to see the benefits it offers in helping you fast start your new (or stalled) network marketing business.
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