Opportunity
Back to chatting with my friend. I saw her promoting something on her FB, so I ask about the product as I saw this product on our favourite shopping platform. So we went on to talk about her business. Which she is winding up soon after selling off the last bit as she mention per order, she has to order quite a bit and it takes awhile to sell them off, not to mention there is the expiry date. Those close to expiry date, she will just give it away to friends and family members. The selling price of some of her products are not cheap. So you can imagine her buying price.
I ask her why is she winding up her business, she mention she met with an opportunity which is so much better than what she is doing. My curiosity was piqued. (° ॄְְ. °)
It is also an e commerce platform but in a network way. So we arrange a zoom meeting with the friend whom recommended her this platform.
Since I have an idea what it is about, I immediately opt to listen to the compensation plan before any other thing. The compensation plan sounds reasonable. Next I hear about the products and company. I was impressed by the products due to technology used and also they are in the midst of registering their products in the PDR in USA.
PDR is physician desk reference. It means doctors in the States can prescribe it to their patients if need be.
Currently the company has got only 6 products which I think is manageable. In time to come, I can grow and learn with the company. I wouldn't be so lost.
At this I thought this sounds feasible due to the reasons below:
1) Company is in the prelaunch stage. We all know to do network marketing, it is better to be at the top.
2) Supplements come in a package. They cover the body from top to toe, just 6 products. Not too complicated. Not too many. Alot of times, when we buy supplements, we have to buy a few to cover a few item. For this, 1 product consist of a few things that can take care of a few items at the same time.
3) Comp plan seems reasonable.
4) No need to stock up
5) No need to worry about logistics and delivery.
6) Low start up cost (will talk about this in more detail)
7) No minimum order quantity
I am a planner by profession. So I am very sensitive to stocks. In company, overstocking is my problem, understocking is also my problem. Over selling is the sales credit.
But I did not sign immediately. What I did was I approach a few friends to talk about this business.....
#MLM
#Network
#Networkmarketing
Disclaimer: Everything written here are my personal opinion.
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