FHTM (Fortune Hi-tech Marketing) Review, Is It A Stable MLM
Multilevel marketing is emerging as a great way to manage a home business and earn a decent residual income. The FHTM program is one such opportunity that has a wide range of products for distributors to promote and a compensation plan to match.Though this is a great way to make money working from home; you’ll need to put in enough time and effort to make this venture successful. This is not a get rich fast scheme.
Let’s take a look at the pros and cons of FHTM as MLM Opportunity and see if it lives up to the hype.
FHTM – 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 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.
What IS The Business About?
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 Business Aspect
Minimum investment in this business is $299. You may have to pay more if you want your own business website. There’s also a mandatory requirement to purchase at least 3 FHTM 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.
At Fortune Hi Tech, you can earn through residual income as well as through bonuses. People at higher levels get to benefit more from residual income while new entrants are enticed by the attractive bonus and promos schemes. 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.
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.
Another competitor in the telecommunications field is Lightyear Wireless; this company offers MLM business at an entrance cost of just $49.
One of the best known companies in the multilevel marketing field. 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.
Making A FHTM 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.
Look beyond this boundary and gether many more customers by harnessing MLM leads. An MLM lead is your key to interested customers and prospective recruits. To get this done, you just have to employ different virtual tools that can assist you in gathering leads. This is sure to boost your business volume and get you new recruits.
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