Eiro Research's Compensation Plan - Eiro Research Pay Scale & Compensation Plan Review

Eiro Research was pre launched in the spring of 2009 and was officially started in the fall of the same year. The company, which is based in Garland Texas, specializes in nutrition and health products. Since the company was just founded their product line is relatively small. Their two main products are Eiro and Eiro Energy. The company is a network marketing company which means they use distributors to sell their products instead selling them in stores. In this article however, I would like to spend the majority of the time talking about the company's compensation plan.The company calls its compensation plan "The Quinfinity Plan" which a lot of people know as the hybrid plan. Within the companies plan there are five ways a distributor can make money.1. Fast Start Bonus is where you receive a commission that ranges from 5-35% on everyone that you bring into the company within your first 60 days.2. UniLevel Commissions is based on the volume of sales of your down line tier 1-5. Based on your group's volume you'll receive 3-10%. You must at the rank of a Vice President to attain this bonus.3. Infinity Bonus is where you receive a commission on someone in your down line that achieves the same rank that you're at. You can only receive up to 3% from their volume.4. Check Matching is for senior executive members only.5. You can also receive a commission from all of your retail sales that you have.As you can see there is plenty of way for a person to make money within this company. Eiro Research is a legitimate company that seems to be going in the right direction. Their products seem good and their compensation plan is pretty similar to other MLM companies. The thing that concerns me is that a lot of the bonuses require a person to be at a high leadership position in order to be achievable. This makes it difficult for a person that is just starting out. When it all comes down to it within any network marketing company success comes to those people that have the ability to recruit hundreds of people.

Network Marketing and Home Based Business - A Profession to Take Pride In

Can you recall the various phrases and reactions which you have observed to be associated with the business profession commonly referred to as network marketing or multi-level marketing? They might have been the very same attributes you once attached to the profession. Do the terms "pyramid" or "scam" or "get rich quick scheme" ring a bell? Can you picture a friend's eyes rolling with a dismissive comment such as, "oh no you're not doing that?" or "you'll never see that money again." Let's for a moment try to comprehend just what exactly network marketing is.Right away we can establish that it is a perfectly legal, legitimate, and accepted means of conducting commerce. Product is transferred from producer to the hands of the consumer no different than any purchase you might make on a daily basis. What is different is the pathway and means with which the product reaches the consumer. To comprehend the intricacies of network marketing you must first understand its very simplistic nature, specifically the fact that before reaching the consumer there are a mere one or two parties that the product passes through, producer/manufacturer and the distributor or the direct marketer.The producer is a company which researches, develops, considers risks, and makes the decision to bring a product to market that they feel will bring a return on investment. The traditional means everyone is familiar with is a product being produced and appearing on the shelves in a retail location for sale. The network marketing company chooses a different pathway. First of all they need to have sufficient confidence that their product has the potential to reap a large profit. The reasons for that are as follows. In choosing direct marketers or distributors as their sole means of bringing product to market they are choosing to bypass all the very expensive and popular traditional means of marketing and instead relying on the persevering word of mouth work ethic of their distributors. Additional cost savings come from not having to ship to countless retail locations but instead shipping directly from the point of production to the hands of the purchaser.The distributor or direct marketer is the work horse of a network marketing company. He or she comes with no requisite qualifications but instead relies on tenacious perseverance limited only by the time and effort they wish to put into, what in effect, is their very own business. With the fruit of their labor comes a predetermined attached value to their efforts given in the form of a graduated commissions schedule based on the product volume sales owed to them. Contrary to what naysayers all too often might stereotype as 'sitting around getting rich while others do the work for you,' that is anything but the truth. If a distributor does not produce sales volume then that distributor does not get paid. It's that plain and simple.Let's give a final word or two to those with disparaging opinions of network marketing. Like any other profession in America, network marketers pay taxes too allowing the government to spend a portion of what they have rightfully earned in whatever creatively 'necessary' way they see fit. Network marketing creates wealth and opportunity for those who succeed, therefore allowing participation in other everyday commercial and retail transactions fueling the overall general economic activity of the country. Lastly, and again like any other profession, network marketing puts people to work free to pursue their dreams and happiness and to better both their own lives and their family's lives.

Starting a Network Marketing Company

Anybody who wants to fire their boss, hate to travel to the office, hate to work in specific times and willing to start your home business can start a network marketing company. This world is full of opportunities. Network marketing can help you to earn a fortune if you travel in the right path.You must be willing to recruits prospects for your company who can also benefit from your business. You can make money from their sales but you must provide them all they want. When you don't encourage and supply them with the necessities, don't expect any sales to be made by them.When you have decided to start your own network marketing company, first decide on what products to sell. A network marketing company can bring you income continuously if it sells consumable products. People buying these products will use them up and will come back to you from buying them for reuse. When you are selling a one time product you have to forget that customer after making a single sale. This will result in life long searching of customers for selling the products.Sell those products that are not available in the local market or that cannot be bought as cheap as you offer. Your product should have the ability to sell itself to reach the people. When you are trying to sell a product that is readily available in the market then you are on the wrong track. You require your customers to bypass the local market and come to you to buy something. So you must offer products that are unique and that will be of use for the customers.The company you start must be according to the legal policies if your government. Don't try to make money by doing something illegal because you will be caught up at the end and you will be losing all the reputation. Your company may expand in a slow pace but ensure that it is moving in a steady pace. Follow the stop loss condition for any business you undertake.Once you have your company set up you must search for customers for buying your products. Word of mouth advertising can help you to advertise locally. Printed advertisements and posters will first introduce you to the local market. If you sell quality products viral marketing will bring you more sales. Then you have to use the latest techniques and marketing strategies to expand your company. Don't let your active prospects go away. Supply them whatever they want.Network marketing is not a get rich quick scheme. Is you are a person who want to make money by sleeping then better don't choose starting a network marketing company. A network marketing company is a business. You need to put in efforts and spend time in your business. You have to brain storm to find out ways to expose your business to the audience. When you keep these points in mind you are sure to make a fortune with your network marketing company.

No Home Based Business Can Succeed Without the Right Prospects

Trying to build a home based or direct sales business? You have to understand that you are in the marketing business for one thing. Also you should know that these two rules must be followed for you to have a chance of succeeding. First, a professional marketer would NEVER try to market or promote their product or opportunity to anyone who is not interested and has not expressed their interest first. Second, People join leaders that know how build a business so if you want others to join you then you must become a leader.You don't want to come across as a sales person. Instead you should provide solutions for your target markets problems. Who is your target market? People who are actively searching for your product or opportunity, or anyone who has ever bought a similar product or service before.These rules are crucial to your success and those who don't follow them can be very annoying. In network marketing there are several specific targets and it is a waste of your time to prospect anyone else. Wasted time is worse than wasted money because once time is gone you can never get it back. You can waste money and replace it but not time.Your specific targets are: People who are in network marketing, people who used to be in network marketing, people who want your product, people who use a similar product, anyone who has purchased information about the industry.Lots of people will request free information but you want people who will spend money in the industry. There is a huge difference. If you were running ads looking for anyone who WANTS to drive a racecar you would have a bigger and different list than if you ran ads looking for those who are racecar drivers.The type of people and the talent level and the experience factor would be considerably different too. It would be the same difference if you ran ads looking for network marketers or opportunity buyers verses opportunity seekers or business opportunity leads.What a CRAZY idea! Sell only to people who want to buy what you are selling and sign up only those who want to sign up. What kind of business person would do that?! If you were to send a DVD or CD to your Aunt Jane or to your sons soccer coach it would be like trying to sell a big juicy steak to a vegetarian.Pushing your opportunity on your friends and family is not only going to force you to face massive rejections but if you do convince them to sign up you will have to convince them to do the work. How do you really think that will work? Do you think they will drop out when they figure out they are spending money and not making it?You have a gold mine of an opportunity and there are people looking for it so all you have to do is position yourself where they can find you and you will not have to chase anyone ever again. How much fun is it to chase people all the time just to get rejected anyway?Doesn't it make sense to concentrate your efforts on positioning yourself where those who are looking for your products, service, or opportunity can find you? How much more open are those who already spent money in the industry compared to those who haven't ever tried to build a business in MLM?If you want to build your business the easy way, earn the income you imagined you would, and have fun with your business all you have to do is focus on your target market; current, past, or future network marketers and those who want or need your product or service or are already using a similar one.97% of all network marketers fail so that means there are a lot of struggling marketers out there and if you can show them how to build a business without struggling you would be able to advertise something every network marketer needs. This will position you as a leader and cause others to want to join you.

How to Work at Home With Your Own Home Business

If you long to have your own business and work from home, you're certainly not alone. Unfortunately, most people who try to work from home will fail. Most people who go try to get involved with a product or service to sell, whether as an affiliate or as a direct representative. Here are some tips for maximizing your success so that you are able to free yourself from the rat race for good.Choose a solid product. To a degree, your success will depend on how good your product is. If your product is lousy then it will be difficult to overcome its reputation no matter how good you are at selling. In addition, a great product makes you feel good about what you're doing, which means you will sell more. A solid product should be something of quality, something that helps people, and something which is in high demand.Choose a high profit potential. The more you get paid per sale the easier it will be to make a living. That just goes without saying. That way you can focus on making, say, five really solid sales instead of 105 little sales. You have the same number of hours each day whether you're making more money or less. It takes the same amount of effort to make less money than it does to make more-so why not make more?Find a mentor. Everyone runs into problems and questions when they try to run their own home based business. When you try to go it alone you make mistakes and increase the amount of time it takes to become stable and successful. Finding someone who has navigated these problems before and who is willing to share solutions with you is one of the best things you can do for yourself.Work on yourself. Personal development is the cornerstone of a successful businessperson. It's said that you can only grow your business so long as you grow yourself. As you develop personally and professionally you create new paradigms that can help you solve problems and grow your business. People who don't grow will never grow large enough to take on larger problems.Ideally, you'll find a home based business that will hit on all four of these points from the day you begin. Such a scenario would ultimately increase your chances for success well above the current averages.