It’s a sad day for Eiro Research.
If you’ve been in the network marketing game for a long time now you have probably heard of Eiro Rsearch. They sold nutritional supplements, energy drinks and they recently were getting into skin care. I saw Eiro Research in late 2009 at a presentation. The presenter was telling the crowd that if you want to make serious money you need to buy in at the top level, this would get you like $2500 worth of product for only $1000.00
Whenever I see that, I always think about how good I have it with my current company. Nutritional companies are great but some are notorious for front loading product on new reps, that is where the big bonus’s come into play. The energy drink that Eiro Research sold was around $60 a case, granted it was all natural, that is way to much money.
The economy is starting to have a big effect on companies like Eiro Research. I heard that Mona Vie was down around 30% in 2010, not sure how true that is yet, but I know for a fact the attrition is only 16% with Mona Vie and most other nutrition network marketing companies. It’s hard to get people to spend $100 a month on the product. Don’t get me wrong, there are a lot of great nutrition network marketing companies out there, and not all are over priced, but most of them are selling product at a price that is double what you can get it for at your local nutritional warehouse.
I really think the future of network marketing lies within the social networks, I like to call it, Social Network Marketing. I’m not sure if there is a name for it yet. Things will pop up within the next couple of years that consumers will absolutely love using, the best part is they wont even know they are set up as multi level!
If your with Erio Research and are looking for a home in what I like to call social network marketing, I can give you information on what is happening out there. Fill out your name, email and phone number to the right. If you just looking for some great training for free and don’t want to be contacted you can leave your number out.
Good luck to everyone who was involved in Eiro Research, I wish you all the best.