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.
Dish network, Magazines.com, Amusement Pack entertainment Club and World Tour Golf Links.
Wireless shop, Digital landing, Voice Connect and TCI Long Distance.
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.
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.