Is Fortune High Tech Marketing A Scam?
Written by Me MLM-er on March 8th, 2010Paul Orberson started Fortune High Tech MarketingFortune High Tech Marketing in 2001. Today their home base is in Lexington KY. This means that FHTM has graduated past the 5 year mark, which in this industry has become the hallmark for a successful launch. There are countless mlm companies that do not make it past their first year in business. This seems to imply that Fortune High Tech Marketing has a solid management team and business plan. These are undoubtedly two components to look for in your search for a company to call home.
The FHTM opportunity comes across very straight forward and we have not found anything in between the lines that would be a cause for concern. Some things to note are that FHTM is using a more recent model in the network marketing industry. In the past as with some of the larger multi level marketing companies like Amway, the way things were done was a quite different. With the older companies conventionallythey would manufacture their own productswhich they would then sell to the sales agents to house and then re-sell to their customer base. This apparently could become an issue for those individuals that did not have easy access to storage space. This model none the less made a fortune for some. The next phase was to incorporate drop-shipping. The new distributor would receive an affiliate link and the customers could order products directly through. The company would then ship the product to the customer and the sales repreceives the commission.A lot ofcompanies are still operating in this same way today and it has become a very successful model.
FHTM is part of the new trend that we will call phase 3. With this new phase there is just one slight variation. That is that the network marketing company is no longer manufacturing their own products. They are actually partnering with other companies and offering the products of those other companies through their distributor base. This gives sales agents the benefit of having a more sizeable product base to offer. More products meanadditional opportunity for income.
Product Categories
Health & Beauty
Services
Entertainment
Communications
There are a massive amount of products within each category. This really does give|really gives[/spin] the sales reps a wide open market place. It might be wise for sales reps to pick one market and targettheir efforts in that direction as to not spread themselves to thin. Having said that, having a variety of choices is a good thing in business. It should be very easy to find products or services that are a good fit withsome of your interests. This could make the sales process much more enjoyable which should increase profits.
How Sales Reps Get Paid
First you have to be qualified to earn commissions with the company. The way to get qualified is to bring in 3 customers for service. These customers can even be you. For instance you could sign up for phone service or satellite TV at your home etc.
Residual Income
The company pays out 2%-25% commissions to its sales reps for products and services that they sell.
The company also pays out residual commissions to you for services sold by distributors on your first level.
Bonus Income
The company pays out $100 for each new sales agent that joins your organization as soon as the new sales agent acquires 3 new customers.
How much does it cost to start?
There are 2 start up levels
$75
$300
Having said that, anyone who is taking this business seriously should opt for the $300 as this is required to qualify for the bonus commissions.
FHTM passes our test as a great opportunity for those seeking to creategenerate income from home.
Regardless of which opportunity you choose, it is of the utmost importance for you to have systematic processes in place that create lead flow and automate the sales process for you. Without such systems in place your failure in this business is guaranteed.
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