A Complete Overview On Various MLM Companies

GoldQuest MLM Home Business Review

noreply@blogger.com (Ankur Agarwal) — Thu, 14 Feb 2008 07:06:00 +0000

GoldQuest MLM Home Business Review

GoldQuest offers a home business opportunity by selling or marketing their wide range of products through MLM or multilevel-marketing.

One of the most successful product lines of GoldQuest have been Gold Coins which are widely acceptable.Also reps are doing well with other recent product launches like holiday packages.
The GoldQuest business opportunity contains a binary compensation plan. The issue with the comp plan is the requirement of balancing two legs in order to earn commissions. For example, if a distributor has one leg that has 20,000 in weekly volume, but the other leg has just 300 in weekly volume, they would only receive a small commission based on the volume in the lower leg. That's with over 20,000 of weekly volume in your business. A binary can cause much "breakage" in the compensation plan, which in turn causes the unpaid volume to stay with the company so they don't have to pay commission on it. Some people do well with binaries, but many struggle.

In conclusion, GoldQuest seems to have a decent product line but in my opinion, the comp plan leaves more to be desired. Also the high entry cost of 36 K reduces the market potential to 1/3rd.If you are a person who dwells in a higher society with Good contacts , it is a good opportunity but if you don’t have contacts then entering this opportunity might be a burden.

Ankur Agarwal is an expert MLM Trainer and Consultant.To know more about his closely guarded secrets about MLM Success , kindly visit GoldQuest Success Formulas Revealed

Ebiz : MLM Home Business Review

noreply@blogger.com (Ankur Agarwal) — Wed, 13 Feb 2008 16:56:00 +0000

Hi Folks

Here i go with my first update on mlm companies.

To start with i will like to throw some light on E-Biz which is one of the fast spreading mlm's in India.

Ebiz offers a home business opportunity by selling or marketing their wide range of products through MLM or multilevel-marketing.

One of the most successful product lines of Ebiz have been Computer Education which are widely acceptable.Also reps are doing well with other recent product launches.

The Ebiz business opportunity contains a binary compensation plan. The issue with the comp plan is the requirement of balancing two legs in order to earn commissions. For example, if a distributor has one leg that has 20,000 in weekly volume, but the other leg has just 300 in weekly volume, they would only receive a small commission based on the volume in the lower leg. That's with over 20,000 of weekly volume in your business.

A binary can cause much "breakage" in the compensation plan, which in turn causes the unpaid volume to stay with the company so they don't have to pay commission on it. Some people do well with binaries, but many struggle.

In conclusion, Ebiz seems to have a decent product line but in my opinion, the comp plan leaves more to be desired. Also the low payout by company and a very low binary earning limit keeps away the big earners from the program.

Ankur Agarwal is an expert MLM Trainer and Consultant.To know more about his closely guarded secrets about E-Biz Success , kindly visit Secret Success Formulas For E-Biz Success