7 Signs To Know When It’s Time To Switch Network Marketing Companies
As much as I don't want to advocate people switching Network Marketing Companies, there's always an exception.
There will come a time when you have to switch companies or else you will lose more than you will gain.
It's very important to take note of these 7 signs because you don't want to be wasting time and money on your MLM Business that's not giving you the results you want.
1. Products are old, out-dated and obsolete
One of the main reasons people joined an MLM company is because they truly believe in the products.
Now, if you notice that your company has been selling the same products for more than a decade and competitors have produced far better products with higher quality, then it is time for you to switch companies.
If you also noticed that your company has no intention of upgrading their products, that’s the biggest sign that you should consider leaving the company.
2. There are no new product developments
The company’s product development has become stagnant. They are no longer producing products that can compete with other MLM Companies.
In order to succeed in a very competitive market, you need to be able to sell products that are trending.
If your company no longer develops products and have sticked to their old products, it is time to leave your company and join a new one.
3. Products have decreased in quality over the years
Product quality is very important in MLM.
The main reason why products distributed by MLM companies are expensive is because they have higher quality products than those sold on malls and advertised on TV.
You need to check your company’s products and ingredients, and see if it has changed over the years.
If you also notice that the effectiveness of the products are not what it used to be, then it’s time for you to leave your company and switch to a new one.
4. You have been following the same strategy or plan for more than 5 years, but with very little or no results
We can’t expect to get results within a year in MLM since we know it still requires some work to get results.
However, if you’ve been in the same company for more than 5 years and you are still not earning or you still have very little results, it’s a sign that you are not growing.
You don’t need to wait for another 5 years and hope that income will start pouring in soon.
You’ve given 5 years to the company and your uplines, and that’s already enough.
It’s time for you to move on and look for a different upline, mentor with fresh strategies.
5. Your uplines and / or sponsor no longer provides you with the support you need.
This happens more often than we think.
Many were asked to join an MLM company and were left behind by their uplines or sponsors.
Sad to say, not every upline can support all the downlines it has especially if there are plenty of them already.
That’s understandable, but if your direct upline no longer supports you and your grand uplines do not step up and take responsibility to support you, then you are basically doing the business all by yourself.
Network marketing is supposed to be fun and exciting especially if you’re in a very supportive group.
If that is lost, it’s time to join a different group. Companies do not allow switching uplines so you’re only choice is to switch companies.
6. You lost belief in the management, executives and / or owners of the company
This is the dreaded sign that it’s time to switch companies.
Your MLM Company maybe on the verge of shutting down if the problems are already internal or in the level of the management and executives.
The stability of the company lies on it’s leaders.
If the leaders are already having conflicts with each other, then it’s time to pack your bags and find a more stable company.
7. The company changed it's compensation plan which hurt your income.
This does not happen very often, but it does happen.
Many companies will tell you that you can have as many accounts as you can. So you joined in with 15 or 31 or more accounts.
Then later on, the company decides only 7 of your accounts will be active. This can really hurt your income.
You are better off brining your 15 or 31 accounts somewhere else.
Join a company that supports having unlimited accounts because this means you can have an unlimited income potential.