FHTM Review
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. The Fortune Hi-Tech Marketing program is one such opportunity that has a wide range of products for distributors to promote and a compensation plan to match. 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 in this FHTM Review.
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. He left Excel Telecommunications to launch FHTM in 2001 in Lexington, Kentucky. The business has a vitamin product, True Essentials; this is the only product that’s manufactured by them. The MLM also distributes several other products through its network of representatives; the company acts as an affiliate for major brands and promotes their products.
FHTM Review of Products And Services
Details of product categories along with brands promoted–
- Health & Beauty
True Essentials, FABS and Flying Basset Organics. FHTM also offers a health care card that has an attractive medical care plan.
- Entertainment
Dish network, Magazines.com, Amusement Pack entertainment Club and World Tour Golf Links.
- Communications
Wireless shop, Digital landing, Voice Connect and TCI Long Distance.
- Services
Protect America, Trothop, identashield, DuPont air and water filters and Roadside Autoclub.
FHTM Reviews of 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.
While the steep investment is a factor to consider before taking up the business, we also have to consider the compensation plan and see if the returns match the outlay.
FHTM’s compensation 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. Commissions range between 2 and 25% of sales value depending on your level. Business Managers also get to earn between $100 and $342 each time a new recruit joins their team.
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 only consists of friend and family pitching.
FHTM Reviews of Competition
ACN Inc. – ACN Inc is a strong competitor that deals in telecommunication services; this is another MLM company that has an attractive compensation plan with a decent residual income. ACN has an edge over FHTM because it is a direct dealer while the latter is just an affiliate.
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’s products boast of excellent quality and it has a health and nutrition range that’s a direct competition. Taking up an Amway business may turn out to be more profitable because reps earn by selling products as well as bringing in people, while in Fortune Hi-Tech, distributors are compelled to keep recruiting people in order to make good money.
FHTM Review – Making A Fortune?
Though it has its drawbacks, this is an established company and a legitimate business to take up. Most reps claim this to be a scam because they’ve not made much money in this business; but this may be due to their blinkered attitude. People generally consider only friends and relatives as customers in an MLM setup. Just think where we’d be if big corporate had adopted the same attitude.
Change this attitude and reach out to people through MLM leads. MLM lead generation training is your key to interested customers and prospective recruits. Try online tools that are proven to be efficient in gathering leads. This is sure to boost your business volume and get you new recruits. FHTM marketing needs to be get better online if you plan to push more products online. If you found this FHTM review to be helpful be sure to log in below for my additional training on how to generate more traffic and leads for your business or better yet tap into my trainings at my lead system prov.
Learn to Fish
Lawrence Tam
PS. $13,250 in 24hrs Cash Loophole Found While On Vacation
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{ 4 comments… read them below or add one }
When will you make your move away from FHTM, because right now you have the option to move your team, in a few months you may not have a team to move. Loyalty is a honorable trait to have, but you need to have loyalty to the people who really made you successful … your team. Without arguing the legitimacy of the law suits and the FTC probe, they are in fact happening and there is significant press and many groups (like the person posting below) who are pushing to see FHTM fall. Even the most enthusiastic business opportunity seeker will shy away from so much bad press. This business take hard work and determination to be successful and starting out having to answer “scam” allegations does not make it any easier. Given these facts, do you really see FHTM as the opportunity it was a few years ago when the current day leaders were getting involved.You (or your team) will be making a move, the question is will you control the move or will outside forces.
FHTM MAKES IT ON THE LIST!!!!!!!!!!!!!!!!!!!!!!
FTC Steps Up Efforts Against Scams That Target Financially-Strapped Consumers
More Than 90 Actions Brought By Commission and Its Law Enforcement Partners
The Federal Trade Commission today stepped up its ongoing campaign against scammers who falsely promise guaranteed jobs and opportunities to “be your own boss” to consumers who are struggling with unemployment and diminished incomes as a consequence of the economic downturn.
“Operation Empty Promises,” a multi-agency law enforcement initiative today announced more than 90 enforcement actions, including three new FTC cases and developments in seven other matters, 48 criminal actions by the Department of Justice (many of which involved the assistance of the U.S. Postal Inspection Service), seven additional civil actions by the Postal Inspection Service, and 28 actions by state law enforcement agencies in Alaska, California, Indiana, Kansas, Maryland, Montana, New Jersey, North Carolina, Oregon, Washington, and the District of Columbia.
In a press conference at the FTC, David Vladeck, Director of the FTC’s Bureau of Consumer Protection, was joined by Tony West, Assistant Attorney General for the Civil Division of the Department of Justice; Greg Campbell, Deputy Chief Inspector of the U.S. Postal Inspection Service; North Carolina Attorney General Roy Cooper; and a California consumer who had bought into a program to start his own Internet business.
This is the only business where you can earn like anything working with flexible hours and with no prior experience required.Just grab into this opportunity and get the success throughout your life.
According to FHTM:
FHTM is no longer authorized to use the DuPont name, logo, or trademark in any way. FHTM should immediately discontinue the use of any materials containing the DuPont logo. Our right to use DuPont’s name, logo and trademark was revoked because FHTM abused the system by creating and distributing unapproved marketing materials that displayed the DuPont logo.
According to the real world:
How can this be true when the DuPont logo has been part of the FHTM corporate created business presentation DVD for years? The only reason they blame the reps for this is to shield themselves from a major trademark infringement lawsuit. FHTM never had a partnership or any relationship with DuPont, yet they took it upon themselves to represent they did in an effort to make themselves legal. Surprise…surprise.