Team National, or National Companies, is a multi-level marketing company that helps people save money on a wide range of products and services in various industries. This debt-free network marketing company was founded by Dick Loehr in 1997. It started as a direct selling company and has since grown with total sales and membership of up to $1 billion. This article will tell you more about the company and why it should interest you.
More about the company
The company is based in Fort Lauderdale, Florida. It is a legitimate business backed by its several associations and designations, including being:
- Member of the Direct Selling Association
- Member of the Dunn and Bradstreet
- Member of US Chamber of Commerce
- Member of Better Business Bureau
The company has also received endorsements from John Maxwell, leadership development coach and best-selling author, among others. All of these add to the credibility of the company.
Most network marketing companies offer a product or service in order to generate profit. This is where Team National becomes unique. The company markets a wide range of products and services from over 20 industries to its members. This is a unique selling proposition that allows the company to stand out and take advantage of the people’s need to cut costs and save money.
Dick had a vision of providing a residual income business proposal that enables members to take advantage of the discount buying power enjoyed by a Fortune 500 company. Team National started with only a few basic discounts, including new vehicle purchases and oil changes. This MLM company now provides substantial savings on almost anything, from small everyday items (business supplies, household goods, etc) to much more expensive buys (jewelry, vehicles, and home furnishings).
The company divided the savings into four different categories:
- Team National Factory Direct: This gives members up to 65 percent savings on home furnishings, jewelry, and the like;
- Group Buying Power: This one ensures savings on items like vehicles (new and used, service and parts, ATVs, motorcycles, etc), financial services (wealth planning, home mortgage, debt management), health discount benefit plans (dental, vision, hearing, chiropractic, teledoc, etc), car and truck rentals, business savings (check and credit card processing, gift cards, etc), communications (digital phone, long distance, satellite TV, high-speed Internet, etc), insurance, travel, and Team National products;
- Team National Business Exchange: This helps members save money from thousands of businesses nationwide;
- E-Commerce: Members get to enjoy up to 30 percent commissions from over a hundred branded retail stores.
The Business Opportunity
The Building a team promotes greater value and is unique in the industry. The members are called Independent Marketing Directors, or IMDs. They focus on selling memberships to generate revenue. They build their business primarily through meetings and conference calls. Since it is a network marketing company, the only way to succeed is to create a solid downline, and your limit is endless. As long as you keep on recruiting people, and they continue to build their own, the income opportunity is continuous.
Team building is the goal in this business. This strategy leads to residual or passive income. You get paid for the work that your downline is continuously doing. An average person with a desire to have more will definitely have a greater chance at doing well in this industry. Like any MLM companies, this type of business involves leverage through team building. This strategy enables you to distribute your efforts to get several memberships bought through your team or network and entitle you to receive overrides.
The company offers a compensation plan, which is one of the best in the industry because of the amount paid out to members. They pay out 72 percent of memberships back to the Independent Marketing Directors through bonuses and commissions. The company follows a hybrid binary structure.
The high compensation is offered because there is no product markup added on top of the membership price. The value of the membership comes from the volume of members that allows the company to study these savings, based on the team’s volume buying power. Every membership sold does not directly incur any cost to the company, unlike other businesses that are product-based and take into account costs of shipping and production. This is probably one of the biggest advantages of Team National.
Building Your Team
Building a team through Team National is definitely doable. You first have to have a system in place to find qualified team members. While not everyone should be your prospect, there are many out there who are actively searching for ways to earn more money and/or save costs. One of the biggest challenges faced by Team National members is convincing people to join you in this business. This is one of the major reasons why many quit and fail to succeed in the multi-level marketing industry. The good news is that today’s technology makes it easier for people to gather people into this business.
Is Team National a Scam?
Many people say that Team National is a scam. The company is actually far from being one. It has been in business for almost 10 years, and it will not last that long if it was a scam. They probably say the company is not legit because of the tough challenges faced by people when they enter the industry. To succeed in this industry, you will have to double your efforts and gather as many qualified individuals as you can into your downline.
Team National offers a competitive compensation plan that you will want to take advantage of. Like any other multi-level marketing companies, this one offers bonuses and commissions for your hard work. The company focuses on offering myriads of ways to help people save money. It is its unique selling point that you should focus on because people love receiving money-saving options. Using this fact to your advantage will help you recruit members easily, and building their own will become a breeze.
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