5Linx Review – Is 5Linx The Right Business For You?
5Linx Review – Is 5Linx The Right Business For You?
Founded in 2000, 5Linx made a name for itself in the multilevel marketing industry by gaining inclusion to the Fortune 500 list in its 5th year. The company is led by a powerful management team and a very lucrative pay plan. After new distributors get accustomed to using the technologies and marketing systems, they should be able to turn decent profits in a reasonable time frame. The company also benefits from their longevity, since most start-up network marketing companies close up shop within their first two years.
What Does 5Linx Sell?
The company uses a three-pronged approach to its business: sales of telecommunications products, direct marketing of the business, and development of new products. The president and CEO of the company, Craig Jerabeck, is a seasoned veteran of both the MLM industry and the telecommunications and technology arenas. 5Linx is a privately held company and is considered one of the fastest-growing within the industry. The company’s product line includes wireless phones and accessories, Internet, satellite TV, long-distance phone services, and VoIP calling plans.
5Linx attracts consumers, because of the cost of their products as compared to other established brands in the market place. The consumer market demand for connectivity is high—since everyone wants to be connected at all times and in all locations. There are 8 ways to get paid with 5Linx, which includes commissions from the sale of their products and monthly residual income when clients and distributors make their monthly payments. There are also numerous opportunities to earn bonuses and incentives such as vacations, luxury cars (including a Bentley), and profit-sharing.
Starting A 5Linx Business
There are two levels at which a person can become a 5Linx representative, as either a Customer Representative for $99 or for an initial investment of $499 an individual can become an Independent Marketing Representative (IMR). The monthly fee of $49.99 provides a website with all products and services, a back office with both team and corporate information, 5Linx® University, 5Linx® TV, 5Linx® magazine as well as access to various other websites provided by 5Linx®. In addition to the initial start up cost, there is also a an annual renewal fee of $99.
One of the major advantages to joining 5Linx is the opportunity to leverage the internet and social media to actively promote your business to your target market. It is critical that you have an effective MLM marketing system that will assist you in generating leads and incorporates a monetized marketing funnel that introduces your 5Linx business on the back end. Using this type of system, you can create an income, regardless of whether your prospect says yes or no to your business opportunity. By generating consistent lead flow, you can grow your organization in an accelerated manner with greater efficiency. By using proven leveraged strategies, even those who are new to the network marketing industry can build a successful home based business with 5Linx.
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