Network marketing gives people the opportunity to work from the convenience of their homes and make money in the form of commissions, not only on the sales done by them; but also on the business done by the chain of people recruited by them. Fortune Hi-Tech Marketing offers a chance to make money through its attractive network marketing business. However, just the fact that you can earn from home doesn’t make this an easy-money opportunity. This is a misconception that has resulted in many disappointed distributors.
Let’s take a look at the pros and cons of FHTM as an MLM opportunity and see if it lives up to the hype or just a FHTM scam.
FHTM Reviews– A Brief History
The company was founded by Paul Orberson, an expert salesman who’s experienced firsthand the benefits of being a distributor for a good MLM business. The products and services offered by this company include its own range of vitamins under the brand True Essentials and other services such as medical card, telecommunication, security and entertainment services; FHTM acts as an affiliate to several big businesses to provide these services.
Products And Services
Fortune Hi-Tech deals in 4 groups of products; health & beauty, Entertainment, Communications and Services. They are affiliated to several major corporate to promote products under these categories.
The MLM Opportunity – Costs And Compensation
The cost to join this business opportunity is $299. Expect to spend more for websites. Reps also have to buy a minimum of 3 products.
Though the initial cost seems high, we’ll know if the venture’s profitable only when we get to know the income structure.
FHTM compensation plan may be in the form of bonuses or residual payments. While residual payments are targeted towards building the incomes of managers at high levels in the business, bonuses are aimed to give an impetus to new entrants and reps at lower levels to grow their business. Earn between 2 and 25% of sales value as commission and get paid each time you recruit a new person.
The Downside
Don’t be taken in by the seemingly attractive compensation plan. It may not be that easy selling schemes of other companies that are often available at cheaper rates in the market. FHTM marketing is lacking in training FHTM reps on how to market online.
Competing companies
Fortune has direct competition from ACN Inc., a network marketing company that has its own telecommunications business.
Lightyear Wireless- This is a 15 year old MLM that deals in communication solutions. This has a low investment of $49 and is considered a good business in this field.
Amway – This is one of the most popular network marketing companies and deals in a wide range of products. Amway not only has a variety of products that offer stiff competition to Fortune’s; it also has an attractive business scheme that’s said to be one among the best in the field.
Making A Fortune
In spite of its setbacks, FHTM is a safe business to take up. There are people who call this business a scam; this may be because they expected too much without putting in enough effort. Most people think of this as a job instead of a business; this limits their target market to just friends and relatives.
Change this attitude and reach out to people through MLM leads. You get to meet new people and hire distributors through an MLM lead. Try online tools that are proven to be efficient in gathering leads. Try this out to expand your business and your team.
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