Most of the time, this name list is made up of your family members and close friends.
When you join an MLM company, one of the most common tactics to get you started is to have you come up with your personal name list to contact and recruit. Some of the biggest MLM companies out there (including Amway, Kyani, Shakleeand Isagenix) use the same method to expand sales. This is the same process you need to go through no matter which network marketing company you join. Motivate and coach your agents to do the above.Attend training and conferences (which costs you money).Get licensed and understand Primerica products.Since Primerica uses a multi-level-marketing structure for sales, you are expected to do the following: You are doing the right thing reading up reviews of Primerica and investigate this business opportunity thoroughly, because not everyone is suitable for this business model. If you prefer to work alone without recruiting anyone, there are much better alternatives out there to make a decent second income. This is how you expand your sales team and make more commissions.Ī lot of Primerica agents rely on just selling to and recruiting family and close friends into their network, which is not sustainable and destroys relationships. To succeed, you need to first understand the financial services provided by the company inside-out.Īfter that, you will talk to a lot of people, do face-to-face selling, follow up with prospects, recruit new members, and coach them to do the same. The reason behind the high failure rate is that people join the company without knowing what is required from them. This is not just Primerica’s problem, it’s common for all MLM companies. However, here’s the bad news – approximately 99.7% of all agents fail to make a sustainable income. They provide various types of insurance, debt management, financial investment, and credit monitoring services. It is a legit MLM business opportunity that has been around for more than 40 years, and it’s possible to make real money if done right. For those of you who want a quick Primerica review, here you go.Ĭontrary to rumors out there, Primerica is not a pyramid scheme.
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