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. Fortune Hi-Tech Marketing offers a chance to make money through its attractive network marketing business. 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.
FHTM Review– A Brief History
Paul Orberson, who’s tasted exceptional success in network marketing broke out of Excel Telecommunications to start his own venture, Fortune Hi-Tech Marketing in Lexington in 2001. The products and services offered by this company include its own range of vitamins under the brand True Essentials and other services such as medical card, telecommunication, security and entertainment services; FHTM acts as an affiliate to several big businesses to provide these services.
What IS The Business About?
Details of product categories along with brands promoted–
The MLM Opportunity – Costs And Compensation
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.
Though the initial cost seems high, we’ll know if the venture’s profitable only when we get to know the income structure.
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. Earn between 2 and 25% of sales value as commission and get paid each time you recruit a new person.
Cons
Though the business offers promises of an attractive residual income, the truth is, it’s not easy to sell products that may be obtained at cheaper rates from the open market.
Competition
Fortune has direct competition from ACN Inc., a network marketing company that has its own telecommunications business.
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 not only has a variety of products that offer stiff competition to Fortune’s; it also has an attractive business scheme that’s said to be one among the best in the field.
Earn Your Fortune
In spite of its setbacks, FHTM is a safe business to take up. There are people who call this business a scam; this may be because they expected too much without putting in enough effort. Most people think of this as a job instead of a business; this limits their target market to just friends and relatives.
Change this attitude and reach out to people through 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. Try this out to expand your business and your team.
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