/2010/02/narcthatcar-review-license-plates/An MLM opportunity is a great way to generate income working from home. But it,,,s important to find the right network marketing business to deal in. NarcThatCar is the latest business to join the thriving network marketing world and claims to offer an effortless way to make money. Distributors assert that you can make easy money by just narcing a few cars each month; but are these claims true? This review is to check out the facts of the MLM for you.
An Intro To NarcThatCar
The MLM enterprise was founded by William Forrester who dreamt of a collection of mapped license plates that would help financial institutions locate vehicles placed under lien. Started in 2009, the headquarters of Narc Technologies is at Dallas. The founder hit on the idea of achieving his database through a network of representatives who formed an expanding chain. The company makes money by selling details of narced cars to agencies that want to repossess such vehicles.
NarcThatCar Business
Promoters of this business swear by the fact that all you have to do is narc a minimum of ten cars each month and bring in three more narcers to get a decent monthly income from the business. Can a business really be so easy? We,,,ll get into the details and find out.
More Into The Business
- How Much Does It Cost?
Reps have to pay $75 to join; this is reimbursed as soon as they narc ten cars. Other than this, you,,,ll be required to pay $24.95 per month towards maintenance charges.
- Commissions
Depending on your level in the business, you get paid between $0.25 and $2 to narc cars and $25 to bring in people.A percentage of sales price is also paid to reps who bring in people who purchase information on narced cars.
Reading Between The Lines
- The task of noting down license details and entering them in the system may seem easy enough; but since the compensation,,,s low, you,,,d need to have high volumes to bring in enough money. The money lies in bringing in more people into the business; and making sure they work to extend your MLM downline.
- There are no products to deal in, no inventory to stock up and no quality standards to keep up to. Though this seems advantageous to the business, without a proper product and with all the stress on recruiting people, this seems like a pyramid scheme.Most reps thrive on tales of how even their grandmothers were able to taste success in this business.
- When it come to starting their own business, people prefer experienced network marketing companies like Amway, Oriflame or Avon because they,,,ve withstood the challenges of time.It,,,s a known fact that most network marketing companies fail within the second year.
Success In Narc That Car
This business has just been launched; so it,,,s easy to climb up the hierarchy in no time.One mistake most reps make is, they assume their warm market would be eager to act on their advice and subscribe to the products they sell or join their business; however, this attitude has led to the fall of many reps.A wiser option would be to market your business online; this way, you,,,re visible to millions of people from all over the world. The internet has several tools such as article marketing and social networking that get your website a good ranking in search engines and fetch a lot of visitors.
Engineering Your Success,Lawrence Tam/2010/02/narcthatcar-review-license-plates/
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