These days, many multilevel marketing businesses offer prospective members different products to market, as well as implement different compensation and bonus schemes to attract the finest and brightest marketers or direct sellers.
5Linx is a MLM company that has been around since 2001. It is a telecommunications specialist, and markets telecommunication products through Network Marketing. Although many agree that the company's growth spurt has slowly faded off, after an initial hype, company distributors remain upbeat about the MLM venture's future success, as more new products are in the offing, and it still retains a loyal base of independent distributors, and employees.
Satellite TV, VoIP And Other Services
5Linx primarily markets a wide array of telecommunications services. It offers high-speed Internet connections, satellite TV services, wireless mobile phones and accessories, as well as reliable long-distance telephone services. At present, their VoIP calling plans are the most popular and most sought-after products. The company currently has a lot of products that are built around VoIP, as this is being viewed by industry leaders to be an increasingly-expanding niche in global communications.
Eight Years In The MLM Business
5Linx has been in the multilevel marketing business since January 2001. It has a credible and well ran management team, which handles the company's core businesses, which include product development, cellular sales, and direct marketing. The company's top executives, which include Craig Jerabeck, the President and CEO, has a solid background in cellular phone retail sales and management. The rest of the management team varies in experience, and although some may not have the same credentials as the Craig, they perform pretty well when it comes to running the MLM venture.
Is The Company Financially Stable?
Because the company has been in the direct marketing business for over eight years, it sure has a solid financial base. It still is considered to be among the fastest-growing companies in the United States, and has registered an over 800% growth in sales and profits in only three years.
The 5Linx Business Opportunity Model
Like most network marketing businesses, signing-up and starting your own 5Linx direct marketing organization will require money, as well as your time and devotion. Making money as an individual representative will depend on how much time and effort you spend working the business, and critics say that the returns may not be that surprising. Some say that the marketing representative here earns just $261 a year. I will leave that information up to you.
Some critics insist that the company's compensation and hierarchy structure are formed a lot like a pyramid. They argue that so many people remain as customer service representatives, while only a handful of individuals are in the ranks of Executive Trainer or Vice President, for example. The company does not also state how long people stay within the group, or how much has the average marketing representative actually earned.
While the company has a fairly sensible compensation and marketing scheme, the road to success may be a bit slow and steep, that's if the individual doesn't have a full grasp of the company's marketing, as well as the technologies it markets. The technology and communication products it offers are also advanced and indispensable, and demand should still be high for these types of advanced communication devices or services. Another good thing about the company is that they do have good and friendly after-sales team, as well as a credible pool of marketing managers. Company distributors also acquire proper training, and follow-up support and coaching as well.
And while the initial investment required is a little high and will might turn-off prospective distributors, the company also does not guarantee a return on your investment. These two factors may lead some into thinking that 5Linx does not offer a viable business opportunity. Some MLM gurus insist that to succeed in this field, you need to work hard, find ways of effectively marketing your products, as well as build a wider customer base, and form a cohesive and dedicated team of downlines. Over-all 5Linx offers a viable opportunity if your willing and self-motivated on building your team. If you are considering 5Linx and you want to be successful, then you hitting your target market is required. People that have already exhibited the desire to buy what you are selling is your target market. 5Linx is a telecommunications network marketing company. Your goal is to find people that have already purchased telecommunications products before or have had been involved in MLM before. You can make a bunch of money in this business if you pick the right company, work hard, and hit your target market.
Source by Shawn J Taylor
