Product Vs Service Based MLMs – Which is Better?
What I’m about to tell you is extremely controversial and it might even make you angry. But if you are thinking about joining a network marketing business and you want to significantly improve your likelihood of success, you need to join a product-based company, not a service-based company. (Service-based network marketing companies sell monthly service subscriptions such as legal services, phone services, Internet services, medical services, etc.) Service-based network marketing company associates may violently disagree with me and point to all the millionaires from their company. I’m not saying it’s impossible to succeed in a service-based network marketing company. I’m saying that if you are selling services through MLM you’re leaving hundreds, even thousands, of dollars on the table! Why? Because for the same amount of effort it took you to sell a single $19.95 monthly service, you could have sold many hundreds of dollars worth of products. With a service-based business, your custo