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Their are a lot of different multilevel companies marketing different products and services to the public while providing different compensation plans and bonuses to attract the best network marketers to their companies. 5Linx started as a Network Marketing company in 2001. It is a telecommunications business, and markets telecommunication products through the network marketing business model. Many network marketers would say that thier growth is coming to an end, while other within the company remain that the company will continue to grow due to new products and services to offer their loyal associates to sell to the public. High-Tech VoIP, Satellite TV, and Wireless Services 5Linx offers a variety of products and services to choose from that include satellite TV services, high-speed Internet connections, and wireless mobile phones. 5Linx VoIP Service is being viewed by industry insiders to be the newest and most popular in global communications. 5Linx currently has a lot of products that utilizes VoIP due to customer demand. The MLM Game In January of 2001, 5Linx entered the telecommunications network marketing game. The management team is solid with experience in direct marketing, wireless services, and other telecommunications niches. GRaig Jerabeck, the President and CEO of 5Linx, runs the business very well. His vast experience in cellular phone retail sales and management provides a lot of value for 5Linx. Financial Stability 5Linx has a strong financial base. The company is considered to be on of the fastest-growing companies in the United States. They recorded over 800% growth in sales and profits in only three years. Not bad for a network marketing company that has been in business for only eight years. The Business Opportunity Just like most multilevel marketing business scheme, signing-up and starting your own 5Linx direct marketing organization will entail money, as well as your time and devotion. Making money as an individual representative will depend on how much time and effort you spend, and critics say that the returns may not be that surprising. Some say that the marketing representative here earns just $261 a year. Here is the question I hear: Is 5Linx structured like a pyramid? First thing to consider is that this company is completely legal. Pyramids are ilegal. Critics argue that the majority of distributors like Executive Trainer or Vice President make the big checks while the majority struggle to make a dime. Consider corporate America: Who makes the most money? The CEO or the intern? One thing I wish the company would provide is an Income Statement on how much the their representatives are actually earning at different levels in the hirarchy structure. 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 systems, 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 decent and friendly after-sales team, as well as a credible pool of marketing managers. Company distributors also get proper training, and follow-up support and coaching as well. And while the initial investment required is a a bit high and will surely 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 veterans 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. Shawn J. Taylor has helped hundreds of people capture their target market by marketing their business online . To learn how you can 50 or more leads a day, visit this website. |