I want to go over new MLM business opportunities in this article. I classify a new business as one that is 0-5 years old.
MLM is also called network marketing and I will use the terms interchangeably. There are New MLM businesses that fall in the zero to five-year-old age group.
Let’s think about this from a few pros and cons first and then look at a handful of specific opportunities available in network marketing that are new.
Pros and Cons Of New MLM Business Opportunities
Multi-Level Marketing is a good way to earn some additional income and there are always new opportunities arising. Getting involved in a new program is often a good choice because there are not many other people that will be involved in this yet. This is known as getting in on the ground floor.
1. No negatives. A new MLM company does not have any negatives attached to it yet. You can not say that about an older established networking marketing business such as Amway or Herbalife.
2. Proven record of sales. On the flip side, a new MLM business does not have a proven track record. This only comes from selling retail and wholesale and building an MLM downline over a longer period of time.
3. People like to try new things. You get this opportunity when you start a new MLM business. If you can find an MLM with a unique product that is a plus. I don’t know about you, but it seems there are a lot of health and vitamin MLM businesses already.
4. Failure happens. Businesses fail in the first 2 to 5 years due to a lack of capital or lack of business experience. You do run the risk of that happening with a new network marketing company. Older businesses can fail as well, but companies like Amway have been around for over 50 years and Herbalife has been around for over 30 years now.
Operation Prosperity is a program that was launched in 2016 and it was devised by a group of internet marketing entrepreneurs. The mission of the company is to make online marketing accessible to everyone and to help people make a success of this.
There is no cost to sign up for this program and you will get access to video tutorials and other training materials. You do not have to enter any credit card details and you will never be charged any money.
Click here right now for our review, my personal help, and instant access to our free training videos where we'll show you exactly how we did it ourselves starting out as complete beginners without ANY prior knowledge or experience in marketing online whatsoever!
There is specific information about 27 different income streams that you can access and sign up for, which will only take five minutes. The amount of money you can make will depend on how many other programs you sign up for, but Operation Prosperity will show you how to make the most of these opportunities.
Here is my list of the best new MLM business opportunity that you can research and see if it is the best fit for you. Also at the end of this article, I will give my honest opinion on the best business you should join.
ZynTravel allows affiliates to earn money by promoting travel club memberships. Members can also save money on their own travel arrangements through discounts with travel partners such as airlines and hotel groups.
Memberships are available at three different levels – silver, gold, and platinum. The level of membership that you choose will depend on how much money can be made from this program.
If you only want to save yourself a bit of money on your own travel and just offer memberships to family and friends, then the silver membership is probably going to be all that you need. However, upgrading to the gold or platinum package can pay dividends in terms of the amount of money that can be made, and full training is provided along with ongoing support.
Jeunesse aims to be the largest MLM company in the world. Their products all include Nutrition, Energy, and Skin Care with the latter being my favorite. They have several different products that are available to buy and can be used by everyone.
They have different packages that you can purchase and they keep updating their products regularly. This will be a very useful feature for some people and is a unique selling point that many other MLM companies do not have.
Support, training, and break-out sessions are offered for marketing your business on social media and other advertising strategies which can be very useful for gaining new customers and product exposure. You will receive a commission for any products that you sell and there are also several bonuses that can be earned.
When you have decided upon an MLM company that you want to become part of, it is always useful if you carry out your own research into the company so you have as much information as possible before you part with any money. It can also help if you are able to speak to other people that have had success with the company so that you can find out what kind of work is involved.
Another point I want to make is only to join a new MLM business if you are a satisfied customer of the product or product line. This will help you attract new retail customers which should be your initial focus.
You can recruit new members of your retail customer base. This is also a teachable strategy and one that even the older established network marketing businesses are doing more to.
An alternative to network marketing is affiliate marketing. This is the business model I prefer over every other including MLM.
In affiliate marketing, you will be doing specific actions such as getting clicks, getting leads, or making sales. Outside of 2 tier affiliate programs you will not be recruiting or building a downline of distributors like you would in network marketing.
If you need help choosing the right Affiliate Program, check out my #1 recommendation on building a successful Affiliate business online. You can get access to hundreds of training videos, 24/7 support, professional consultations, private access to training guides, tools, personal private assistance, my personal help, and much more.
PS: Wealthy Affiliate Review, My #1 recommendation in detail.