#network marketing business plan

[dayjoywork]

Unlock Success with These Top Network Marketing Plans

Are you looking to start your own business? Network marketing can be a lucrative opportunity, but it requires a solid plan to succeed. In this article, we will discuss everything you need to know about network marketing plans, from creating a strong foundation to building a successful team.

What is a Network Marketing Plan?

Before we dive into the details, let's define what a network marketing plan is. Simply put, a network marketing plan is a blueprint for building and growing a successful network marketing business. It outlines the steps you need to take to achieve your goals and outlines how you will compensate your team for their efforts.

Creating a Strong Foundation

The first step in building a successful network marketing business is creating a strong foundation. This involves defining your vision and mission, identifying your target market, and selecting the right products or services to sell.

Defining Your Vision and Mission

Your vision and mission statements should be clear, concise, and inspiring. They should communicate your goals and values, and serve as a guide for your team.

Identifying Your Target Market

To be successful in network marketing, you need to identify your target market. This involves researching and understanding your potential customer's needs and desires and tailoring your products or services to meet those needs.

Selecting the Right Products or Services

Selecting the right products or services is essential to the success of your network marketing business. You should choose products or services that are high-quality, in demand, and offer a unique selling proposition.

Compensation Plan

Once you have a strong foundation in place, it's time to develop your compensation plan. This is how you will reward your team for their efforts and incentivize them to continue building the business.

Types of Compensation Plans

There are several types of compensation plans in network marketing, including binary, unilevel, and matrix plans. Each plan has its own advantages and disadvantages, and you should choose the one that best fits your business model.

Designing Your Compensation Plan

When designing your compensation plan, you need to consider factors such as commission rates, bonus structures, and qualification criteria. You should also ensure that your plan is simple, easy to understand, and fair to all members of your team.

Building a Successful Team

Building a successful team is the key to success in network marketing. This involves recruiting and training new team members, providing ongoing support and motivation, and fostering a positive team culture.

Recruiting and Training

To recruit and train new team members, you need to have a clear process in place. This may include hosting recruiting events, providing training materials, and offering mentorship and coaching.

Providing Ongoing Support and Motivation

Once you have built your team, it's important to provide ongoing support and motivation. This may include regular team meetings, training sessions, and recognition programs.

Fostering a Positive Team Culture

Finally, you need to foster a positive team culture that encourages collaboration, teamwork, and mutual support. This involves setting clear expectations and goals and promoting a sense of community and belonging.

Conclusion

In conclusion, a strong network marketing plan is essential for building a successful business. By creating a strong foundation, developing a compensation plan, and building a successful team, you can achieve your goals and create a thriving network marketing business.

[dianaalexiacreations]

Why Content Calendars Work for Businesses

As any successful business owner or marketer knows, a well-organized and efficient social media marketing strategy is key to achieving your goals. Among the many tools available today, a content calendar represents ideal structure and consistency. In this article, we’ll explore why content calendars are indispensable for businesses and how they help reduce stress while boosting your social media…

[thesolutionpark]

What is Marketing? Importance of Marketing. Types of Marketing. The future of Marketing!

Marketing is the process of creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large. It is the process of understanding and satisfying the needs and wants of target markets.

Marketing encompasses a wide range of activities, including:

Product development: Identifying and developing products or services that meet the needs of target markets.

Pricing: Setting prices that are both profitable and competitive.

Place: Distributing products or services to target markets.

Promotion: Communicating the value of products or services to target markets.

Sales: Closing deals and generating revenue.

The Importance of Marketing

Marketing is essential for any business that wants to be successful. It helps businesses to:

Reach new customers: Marketing can help businesses to reach new customers who are unaware of their products or services.

Increase brand awareness: Marketing can help businesses to increase brand awareness, which can lead to increased sales.

Build relationships with customers: Marketing can help businesses to build relationships with customers, which can lead to repeat business and referrals.

Differentiate from the competition: Marketing can help businesses to differentiate themselves from the competition, which can give them a competitive advantage.

Types of Marketing

There are many different types of marketing, including:

Traditional marketing: This type of marketing includes activities such as advertising, public relations, and direct marketing.

Digital marketing: This type of marketing uses digital channels such as websites, social media, and email to reach customers.

Content marketing: This type of marketing focuses on creating and distributing valuable content that attracts and engages target audiences.

Inbound marketing: This type of marketing focuses on attracting customers to your business by providing them with valuable content and experiences.

Outbound marketing: This type of marketing focuses on reaching out to customers with advertising and other forms of marketing.

The Future of Marketing

The future of marketing is likely to be increasingly digital. As more and more people use digital channels to connect with businesses, marketing will need to adapt to reach these audiences.

In addition, marketing is becoming more personalized. Businesses are using data to better understand their customers and target them with more relevant marketing messages.

Overall, the future of marketing is bright. As the world becomes more digital and personalized, marketing will become more effective at reaching and engaging customers.

Conclusion

Marketing is a complex and ever-changing field, but it is essential for any business that wants to be successful. By understanding the different aspects of marketing and the latest trends, businesses can create effective marketing strategies that reach their target audiences and achieve their business goals.

[aos-presents]

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SWIPE >>>>>

These days being part of a community for entrepreneurs will keep you on track and inspired, when tough times try to deter you from following thru with your God -given vision.

One of the thought leaders, I follow is Joe Duncan from Up Before 5am.

Remember, the saying goes, tough times don't last...tough ppl do. Keep going, until you get your desired result.

[strategichannah]

How to Find Clients Starts by Understanding Who You Serve

Struggling to find the right clients? You’re not alone. If your ideal customers seem just out of reach, it’s time to rethink your strategy. Discover the solution in my latest blog! #MarketingSolutions #BusinessGrowth #freecontent

How to Find ClientsStarts with Understanding Who You Serve Written By: that Hannah Jones Time to Read: 6 minutes Finding clients for your business is a lot like embarking on a journey. You need a map, a destination, and a solid understanding of who you’re inviting along for the ride. It all starts with one crucial question: Who is it that you serve? Who does your product work for? Who gains…

[arm-mlm-software]

A Matrix MLM plan is a structured, pre-defined compensation plan where members can recruit a fixed number of direct recruits, who in turn can recruit more members within a specified limit.

[coolmoggy]

Is your organisation anonymous?

Another business gone! In my role as an Associate of the Institute for Independent Business I have often come across businesses with terrible websites, no marketing strategy, and no direction. They wonder why their sales are so poor and would be asking for help. If anyone wants to stay in business and be successful, they must get out there, have a decent website, and learn to use social media…

[directsellingnow]

Network Marketing: “सफलता के लिए सिर्फ Discussion नहीं, Decision जरूरी”: Ujjawal Kumar

Network Marketing: “Discuss करने से नहीं, बल्कि Decision लेने से मिलती है सफलता।” यह शब्द Direct Selling Industry के प्रख्यात Leader और ARL Team Emperor’s के founder, Mr. Ujjawal Kumar ने कहे। इस दौरान वो एक Direct Selling इवेंट को संबोधित कर रहे थे। Network Marketing News In Hindi बाधाओं को अवसर में कैसे बदलें? इस दौरान बात करते हुए उन्होंने हाइलाइट किया कि कैसे हम अपनी जिंदगी में आने वाली…

[realestateads12]

The Power of Real Estate Advertising in Boosting Your Business

In the realm of real estate, where competition is fierce and visibility is paramount, effective advertising strategies can make all the difference. One such potent tool in the marketer's arsenal is Pay-Per-Click (PPC) advertising, and when it comes to real estate, 7Search PPC Online Advertising Platform stands out as a powerful means to boost your business. Let's delve into the dynamics of real estate advertising and explore how the 7Search PPC Online Advertising Platform can elevate your game.

Understanding the Real Estate Landscape

Real estate is a dynamic and fast-paced industry where timing and visibility can significantly impact success. Whether you're a real estate agent, broker, or property developer, capturing the attention of potential buyers or tenants is crucial for driving sales and securing deals. In such a competitive environment, traditional real estate advertising methods may fall short of effectively reaching your target audience.

The Role of PPC Advertising

PPC advertising offers a targeted approach to reaching potential clients by displaying ads to users who are actively searching for relevant keywords or phrases. Unlike traditional advertising, where you pay a fixed amount regardless of the outcome, PPC campaigns allow you to pay only when a user clicks on your ad, making it a cost-effective solution for lead generation.

Introducing 7Search PPC Online Advertising Platform

7Search PPC Online Advertising Platform is a specialized advertising platform tailored to the needs of real estate ads. With its robust targeting options and extensive network of partner websites, 7Search enables you to reach a highly relevant audience of potential buyers or renters actively seeking properties in your area. Whether you're promoting residential homes, commercial spaces, or rental properties, 7Search offers the tools and flexibility to maximize your advertising ROI.

Key Benefits of 7Search PPC Online Advertising Platform for Real Estate Professionals

Targeted Advertising.  With 7Search PPC Online Advertising Platform, you can target your ads based on specific keywords, locations, demographics, and even device types, ensuring your message reaches the right audience at the right time.

Cost-Effective Campaigns.  By only paying for clicks, you can control your advertising spending more effectively and allocate your budget towards campaigns that deliver tangible results.

Increased Visibility.  With prominent placement on search engine results pages and partner websites, your listings gain increased visibility, attracting more qualified leads and driving conversions.

Performance Tracking.  7Search provides comprehensive analytics and reporting tools that allow you to track the performance of your campaigns in real-time, enabling you to optimize your strategy for maximum effectiveness.

Flexibility and Customization.  From ad copy to targeting parameters, 7Search offers unparalleled flexibility to tailor your campaigns according to your specific goals and target audience.

Tips for Creating Effective Ads on 7Search PPC Online Advertising Platform

Keyword Research.  Conduct thorough keyword research to identify terms and phrases that potential buyers or renters will likely use when searching for properties. Use tools like Google Keyword Planner or SEMrush to discover relevant keywords with high search volume and low competition.

Compelling Ad Copy.  Craft compelling ad copy that highlights the unique selling points of your properties and entices users to click. Use attention-grabbing headlines, clear calls to action, and persuasive language to compel users to take action.

Optimized Landing Pages.  Ensure your ads direct users to optimized landing pages that provide relevant information and a seamless user experience. Include high-quality images, detailed property descriptions, and clear contact information to facilitate conversions.

A/B Testing.  Experiment with different ad creatives, headlines, and targeting options to identify what resonates best with your target audience. Use A/B testing to compare the performance of different ad variations and refine your strategy based on the results.

Continuous Optimization.  Monitor the performance of your 7Search PPC Online Advertising Platform real estate advertising campaigns regularly and make adjustments as needed to improve results. Analyze key metrics such as click-through rate (CTR), conversion rate, and cost per acquisition (CPA) to identify areas for optimization and refinement.

By following these best practices, you can create highly effective ads on 7Search PPC Online Advertising Platform that drive qualified traffic to your listings and ultimately boost your real estate business.

Final Thoughts

In the fast-paced world of real estate advertising networks, staying ahead of the competition requires strategic thinking, innovative approaches, and a willingness to adapt to changing trends.

By harnessing the power of 7Search PPC Online Advertising Platform, real estate ad professionals can amplify their marketing efforts, increase visibility, and generate more leads and sales. With its targeted approach, cost-effective pricing, and robust features, 7Search PPC Online Advertising Platform emerges as a valuable tool for driving business growth in the competitive real estate market.

Conclusion

In the competitive landscape of real estate advertisement, leveraging the power of PPC can give you a significant edge in reaching potential clients and driving business growth. With its targeted approach, cost-effectiveness, and robust features, 7Search PPC Online Advertising Platform emerges as a standout solution for real estate advertising professionals looking to maximize their advertising ROI.

FAQs(Frequently Asked Questions)

Q1. How does 7Search PPC Online Advertising Platform differ from other PPC platforms like Google Ads or Bing Ads?

Ans. 7Search PPC Online Advertising Platform is specifically optimized for the real estate industry, offering specialized targeting options and a network of partner websites focused on property-related searches.

Q2. Can I use the 7Search PPC Online Advertising Platform to promote both residential and commercial properties?

Ans. Yes, the 7Search PPC Online Advertising Platform allows you to create campaigns tailored to different property types, whether residential, commercial, or rental properties.

Q3. Is 7Search PPC Online Advertising Platform suitable for small-scale real estate businesses?

Ans. Absolutely! 7Search PPC Online Advertising Platform offers flexible budgeting options, making it accessible to businesses of all sizes, from independent agents to large real estate firms.

Q4. How can I track the performance of my 7Search PPC Online Advertising Platform campaigns?

Ans. 7Search provides detailed analytics and reporting tools within its platform, allowing you to monitor metrics such as clicks, impressions, and conversion rates in real time.

Q5. Are there any specific best practices for creating effective ads on the 7Search PPC Online Advertising Platform?

Ans. To maximize the effectiveness of your ads, focus on targeting relevant keywords, crafting compelling ad copy, and regularly monitoring and optimizing your campaigns based on performance data.

[franchise-guru]

Franchise Guru™: Your Trusted Partner in Franchise Success

In the dynamic world of franchising, navigating the path to success requires expertise, strategic insights, and unwavering support. Franchise Guru™ emerges as a beacon of guidance, offering comprehensive Franchise and Business Consulting Services to both emerging franchisors and franchisees. This article delves into the multifaceted approach of Franchise Guru™, exploring how it has become the go-to partner for realizing franchise aspirations.

Section 1: The Franchise Landscape and Its Challenges

Franchising presents unique opportunities and challenges, demanding a nuanced understanding of market trends, consumer behavior, and operational intricacies. Franchise Guru™ begins by acknowledging the complexities inherent in the industry, recognizing that success hinges on a delicate balance of strategy, innovation, and adaptability.

Section 2: Franchise Guru™: A Holistic Approach to Franchise Development

Franchise Guru™ sets itself apart through a holistic approach to franchise development. By offering services ranging from strategic planning and market analysis to operational efficiency consulting, the team at Franchise Guru™ ensures that every aspect of the franchising journey is meticulously addressed. This comprehensive approach is designed to empower both franchisors and franchisees with the tools they need to thrive.

Section 3: Tailored Solutions for Emerging Franchisors

For those looking to expand their business through franchising, Franchise Guru™ provides tailored solutions. From developing effective franchise development strategies to optimizing franchise systems and assisting with legal considerations, Franchise Guru™ is committed to paving the way for emerging franchisors to build successful and sustainable franchise networks.

Section 4: Empowering Franchisees for Success

Franchise Guru™ recognizes the pivotal role played by franchisees in the success of any franchise system. Through targeted business advisory solutions, market entry consulting, and ongoing support, Franchise Guru™ empowers franchisees to navigate the challenges of entrepreneurship while maximizing the potential for profitability.

Section 5: International Reach and Expertise

With a global presence spanning key locations like Al Huda Building (Dubai), Mumbai (India), and Beirut (Lebanon), Franchise Guru™ brings international expertise to the table. This global perspective is invaluable for businesses aiming to expand their franchises across borders, offering insights into diverse markets and cultural nuances.

Section 6: Success Stories and Testimonials

The true measure of a franchise consulting service's effectiveness lies in the success stories of its clients. Franchise Guru™ takes pride in the achievements of the franchisors and franchisees it has supported. Through testimonials and case studies, this section highlights real-world examples of businesses that have thrived under the guidance of Franchise Guru™.

Conclusion:

In the ever-evolving landscape of franchising, having a trusted partner like Franchise Guru™ can make all the difference. From strategic planning to operational execution, Franchise Guru™ stands as a beacon of support for those aspiring to achieve franchise success. With a commitment to excellence and a proven track record, Franchise Guru™ invites both emerging franchisors and franchisees to embark on a journey of growth, innovation, and lasting success.

For more information or to explore how Franchise Guru™ can support your franchise goals, contact us today. Your success is our mission.

[ihyiptemplates]

Forced Matrix MLM Plan is one of the best network marketing plans to elevate business growth.  In addition to this, having a well-automated Matrix MLM software helps to achieve success swiftly. 

[kc22invesmentsblog]

Tips for Launching a Successful Side Hustle or Small Business

Written by Delvin In today’s fast-paced world, many individuals are exploring the idea of starting a side hustle or small business to pursue their passions, earn additional income, or escape the traditional 9-to-5 routine. However, embarking on this entrepreneurial journey can be daunting. To help you navigate the initial stages of starting a side hustle or small business, we have compiled a…

[finance-guy]

Can You Make Money With Optavia

Optavia is a Baltimore based health and wellness company. There is a wide range of Optavia products, ranging from muesli bars and snacks, to pre-made meals.

They were formerly known as Medifast, but have now decided to rebrand themselves as Optavia, and sell their weight loss and dietary products through multi-level marketing. Here at The Finance Guy, we have the opinion that you can’t make money with MLM, but we are happy to be proven wrong, so we’ll have closer look and ask can you make money with Optavia

How do you make money with optavia

To find out how you can make money in this MLM, we looked at a copy of the Optavia Compensation Plan. This document explains all the ways you can make money as an Optavia coach, as well as what you need to do in order to qualify for commissions.

The first thing that stands out is that they tell us that this compensation plan gives Optavia coaches the ability to shape their destinty and create a life of greater momentum. It’s not the first time we’ve heard similar claims in a compensation plan, but we’ll keep going.

They tell us that to earn from all 9 of their potential income streams, Optavia coaches need to be competent in 3 areas which are: - Client Support - Team Buiding - Leadership Development

Before they go into 9 ways Optavia coaches make money, they first explain that with Optavia, there are 2 types of Volume. Compensation Volume (CV) and Qualifying Volume (QV)

Compensation Volume is used to calculate how much commission coaches can earn. All Optavia products have a CV between 0% and 100%. Commissions are based on these values. Coaches will also earn CV from people they sponsor. Coaches they personally sponsored are shown as Frontline Compensation Volume (FCV). Coaches sponsored by others in their downline will contribute to their Group Compensation Volume (GCV).

Qualifying Volume is used to help determine coaches rank in the Optavia system. Their rank will determine which commissions they do or don’t qualify to earn. Just as with CV, coaches can also earn Frontline Qualifying Volume (FQV) and Group Qualifying Volume (GQV).

Client Support Commission The amount of commission Optavia coaches can earn is shown in the table below:

As we see from this diagram, coaches can earn commission from their frontline volume. That is the people who they have personally sponsored to join Optavia. It starts at 15%, but increases if the coach is able to sponsor 5 different éntities’.

If you do sponsor 5 or more front line coaches, then you will qualify for the client support bonus. This will increase depending on the monthly volume ordered by the people in your frontline. If they order a combined volume of 6,000 points, you will earn the maximum bonus of 13%, taking your total Optavia client commissions to 28%

Coach Consistency Bonus If your frontline achieves certain qualifying volumes for 3 months in a row, then Optavia will pay you a lump sum bonus. The amounts your can earn are shown below: - 2,000 FQV = $250 - 4,000 FQV = $500 - 6,000 FQV = $1,000

While these bonuses are all well and good, it’s important to remember that the person who sponsored you into Optavia can also qualify for them. In other words, the person who sponsored you has a vested interest in making you spend large amounts on Optavia every month

Coach Accelerator Bonus This is what most MLMs refer to as a ‘fast start bonus’. Optavia makes this available to new coaches for their first 3 months. If you personally sponsor 3 frontline Optavia coaches, and they each buy 345 QV worth of product in a month, you will get a lump sum payment of $150. If you manage to do this with 5 new coaches, then they’ll give you $250.

Accelerator Assist Bonus If someone you personally sponsored earns a Coach Accelerator Bonus, then you will also get paid the same amount.

These accelerator bonuses are a nice way to reward new coaches who ‘hit the ground running’. Having said that, they also create an incentive for the person who sponsored you to make you spend as much as possible as soon as you join. After all they need you to spend 345 QV or you won’t be eligible for their accelerator bonus. The person who sponsored them will be equally enthusiastic to make you spend because they too will get the bonus.

We might think that the Optavia accelerator bonuses are designed to make people sponsor new coaches and get them spending as much as possible as quickly as possible.

Team Growth Bonus This is Optavia’s version of what other MLMs would call ‘downline commissions’. Optavia coaches can only start earning this payement once they achieve the rank of ‘Senior Coach’ with Optavia. The amount of commission they earn from their down line will depend on their rank as shown in the table below:

While it’s nice that Optavia is willing to pay all these commissions, it does mean that 32% of the price Optavia Coaches pay for any products goes to their upline as a team growth bonus. On top of that up to 28% will be paid to their sponsor as a client support commission.

While they may tell you how exciting it is that you can earn all these commissions, we think it��s important to remember that 60% of what you pay for your Optavia products, goes to your upline as commission. You should also keep in mind that this is before Optavia has made any profit for themselves.

A universal challenge we find with all MLMs, is that their products or services have to be very expensive in order to include all the layers of commission offered by the MLM compensation plan.

Fully Integrated Business Coach Consistency Bonus The compensation plan tells us that you can reach a level of mastery with Optavia if you achieve their level of Fully Integrated Business Coach (FIBC). As expected the qualifications for this are volume based. To become a FIBC, you will need: 6,000 Frontline Qualifying Volume At least 5 Front Line Optavia Frontline Senior Coach Teams 15,000 in total Group Qualifying Volume for the month

If you manage to achieve all these criteria for 3 consecutive months, then Optavia will pay you a bonus for the month of $1,000. The only way to obtain this bonus is if you have a very active downline who are purchasing a lot of Optavia products.

Once again, if you have recently joined, then your upline has a vested interest in making you buy as much Optavia products as possible every month

Executive Director Gerneration Bonus To qualify for this bonus, you must first achieve the Optavia rank of Regional Director or higher. The amount you can earn will depend on how many Éxecutive Director Teams’ you have in your Optavia downline. Each time someone in your downline reaches the Optavia rank of Executive director, that leg in your downline will qualify. You don’t need to have personally sponsored the Optavia coach who reaches the rank.

The amount of Optavia Director Generation Bonuses paid at each rank are showed in the table below:

As you climb the Director ranks within Optavia, you will qualify for more and more and more generations of bonuses..

Elite Leadership Bonus These are 3 additional bonuses of 0.5% each which are paid when Optavia coaches achieve the qualifying ranks for each bonus. The qualifying ranks are National Director, Global Director and Presidential Director. These bonuses are cumulative, so an Optavia coach who reaches the rank of Presidential director, will get paid all three elite leadership bonuses.

While it’s nice that you can earn all these bonuses, it’s important to remember that they represent a total of 13.5% of the price paid by coaches for Optavia products. If we include the commissions and bonuses we looked at previously, we see that when Coaches buy Optavia products, 73.5% of what they pay goes to their upline to fund the compensation plan. And this doesn’t include the other one of cash payments that coaches may earn.

Like all MLMs Optavia will tell us how proud they are of their generous compensation plans, we see it a a problem. If they are paying so much in their compensation plan, the only way the company can turn a profit, is to include it in the price paid by Optavia coaches in their MLM

How are optavia coaches promoted

In order to qualify for all the commission available in the Optavia compensation plan, coaches will need to get promoted through the ranks of their MLM.

To reach each level, coaches must reach a combination of sponsoring and volume quotas. This is shown in the table below:

Are Optavia coaches making money

To find out if they are making any money in this MLM, we looked a copy of the Optavia Income Disclosure. All they have given us is a table of earnings for the previous 12 months, with very little explanation.

For example Optavia have not explained how they selected the coaches who are included in their table. Looking at the first line, which is Optavia Coaches who earned nothing. We see that they represent 22.42% of all coaches, and they were active for an average 13 months. This seems like a high average. Maybe Optavia is only showing us the data for Coahces who were active for the entire 12 moths. They have not told us how many coaches quit during the year, but we are guessing that like most MLMs, it is a very substantial number

While we are not convinced we have all the information, from the table they have given us we can see that: - 22.42% of Optavia Coaches earned no income at all - 2.17% of Optavia Coaches earned over $50,000 for the year (enough to replace a full time job)

Even if Optavia have given us limited information with only their most active Coaches, it still shows us that 97.83% of active Optavia Coaches earned less than a full time income

Why is it difficult to make money with Optavia

To find out why it’s hard to make money from the Optavia business opportunity, we looked at Dr Jon Tayolors 5 Step MLM evaluation. This study looks at 5 potential red flags, and Dr Taylor explained that if any MLM raises any 4 of the 5, then they should be considered a product based pyramid scheme, and not a legitimate business opportunity. They are:

Red Flag 1 - Constant Recruitment of New Members There is a strong emphasis on recruitment in Optavia. They only way to earn some commissions such as the accelerator bonuses, is to ensure that new Optavia coaches are being constantly recruited into the downline. Optavia definitely raises red flag 1!

Red Flag 2 - Promotion Through Recruitment As we saw, the only way to climb the ranks with Optavia is to meet their qualifying criteria, which includes building a downline. It is therefore impossible to get promoted without recruitment. Based on this, Optavia raises red flag 2

Red Flag 3 - Pay to Play While there is no specified quota for coaches to remain active in Optavia, there is a requirement for their downline to have Group Qualifying Volume. So even if Optavia isn’t asking you to buy product every month, it’s very likely that your upline will be pressuring your to add to their GQV. Technically Optavia didn’t raise this red flag so we won’t count it.

Red Flag 4 - Most of the Rewards go to your upline Dr Taylor warns that the compensation plans of most MLMs results in extreme inequality of payouts, he estimates that while a few people at the top make a lot of money, 99.6% of people who join MLM will lose money.

As we already noted when looking at the various commissions paid in the compensation plan, 73.5% of the price paid by Optavia coaches goes to their upline as commission. It’s safe to say Optavia has raised this red flag.

Red Flag 5 - More than 5 levels in the payout plan Dr Taylor says 'Excessive levels in a downline is another sign participants are expected to sell primarily to their downline, rather than to the general public.  This makes it an exploitative money transfer scheme, or product-based pyramid scheme'.

Optavia did not mention any limitations to the commission paid on their bonuses. Their compensation plan suggests commission is paid on the entire downline in your team. Even if someone reaches the high ‘director ranks’ the coaches above them at the equal or higher levels will receive some commission from their entire downline. Optavia definitely raises this red flag.

Based on our understanding Optavia has raised 4/5 red flags from Dr Taylors MLM evaluation system. His study found that any opportunity which raises 4 or more flags should be considered a product-based pyramid scheme.

Dr. Taylor estimated that 99.7% of participants will lose money in a business such as Optavia. The reason is that there is no real demand for the products being sold. The business is an endless recruitment chain in which only the very few at the top will make real money.

Should you join optavia

The first thing to be aware of before joining any MLM, is that it is a sales job. You are not owning your own business, and it’s not as simple as just telling a few friends to get on board with you. The only way to succeed will be to sell large amounts of the product and sign up large numbers of complete strangers into your downline.

Before you join Optavia, it would be a good idea to try some of the products and see if you would be willing to pay full price for them. At the end of the day, if you wouldn’t buy the products without being part of the compensation plan, then you can’t expect others to do so.

It might also be a good idea to look into some reviews of the Optavia diet. One review we read found that their system simply put people on a diet where their calorie intake was reduced to between 800 and 1200 calories a day. That is half the recommended caloric intake for an adult. In other words the Optavia diet is simply starving the weight off your body. While this may result in weight loss, it might not be healthy for everyone.

is Optavia an Illegal pyramid scam

Even though MLMs closely resemble pyramid schemes, they are not illegal. The reason dates back to the 1979 case of Amway vs the FTC. After 4 years in court Amway was found to be offering a business opportunity, rather than a pyramid scam. The technicalities came down to wording in their paperwork. One example requires consultants to make retail sales.

The Amway ruling effectively opened the doors for all other MLMs to operate within the law. However we should remember that being legal doesn’t make it ethical. If you knew that less than 1% of people had a chance of generating a real income, would you feel comfortable recruiting new consultants?

We also looked at the 2018 FTC Business Guidance for MLMS. The FTC explains that several activities used by MLMs to promote their business opportunities, may be misleading and unlawful.

Another issue, is that even though these rules may be in the paperwork, they are difficult to enforce. For example, several people in MLMs have said that they have cupboards full of product. This is because of the minimum monthly purchases they need to make to remain active in the system. Even though stockpiling is against the rules, there is no way for the company to monitor it.

Being legal does not make MLM ethical. All companies are in business with the goal of selling goods and services for a profit.  Network marketing companies are able to charge a higher price because they create a customer base of loyal members who believe that by consuming these products and recruiting others to do so, they will become financially free. Keep in mind that making such promises is in breach of the FTC guidance.

As always, we’d love to hear your feedback about Optavia. Feel free to share your thoughts and feedback in the comments section below:

For more posts like this, look at our list of mlm reviews. 

[zunikh]

Embarking on a journey in real estate investing can be lucrative, and the UK market, with its diverse array of properties and stable investment climate, is a fertile ground for budding and experienced investors alike. However, navigating this field requires a strategic approach and meticulous planning. Here are four indispensable steps to help you flourish in real estate investing.

[directsellingnow]

Networking Ke Deewane Podcast: Business Coach & Mentor Shiv Arora की खास सलाह

DSN द्वारा शुरू किए गए Networking Ke Deewane podcast में Business Coach और Mentor Mr. Shiv Arora ने अपने अनुभव और ज्ञान से नेटवर्क मार्केटर्स के साथ-साथ युवा पीढ़ी को भी प्रेरित किया। इस एपिसोड में उन्होंने अपने विचार और टिप्स साझा किए, जो न केवल नेटवर्क मार्केटिंग के पेशेवरों के लिए उपयोगी थे, बल्कि सभी युवाओं के लिए भी प्रेरणादायक थे। आइए जानते हैं कि उन्होंने इस दौरान क्या-क्या महत्वपूर्ण…