Take This Quiz To Test Your Network Marketing IQ

20 Questions | Total Attempts: 1734

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Take This Quiz To Test Your Network Marketing IQ - Quiz

Are you aware of network marketing? If you think you know it well, take this Network Marketing IQ test to check your understanding of the topic. Network marketing is basically a business model that works according to person-to-person sales, which independent representatives usually do. Even if you miss out on something, we will help you. This test will help you recall everything about network marketing. All the best! You can also share the quiz with other business people and help them test their knowledge.


Questions and Answers
  • 1. 
    What type of product typically produces the most sales & income in the Network Marketing Industry?
    • A. 

      Unique products, i.e. travel, vacation packages, etc.

    • B. 

      Consumable products, i.e. essential oils, skin care, weight loss/management, etc.

    • C. 

      High-tech products, i.e. tv's, electronics, home alarms, computer, etc.

    • D. 

      All of the above

  • 2. 
    The process of locating new customers & distributors is known as the?
    • A. 

      Presentation

    • B. 

      Qualification

    • C. 

      Advertising

    • D. 

      Prospecting

  • 3. 
    When is the best time to get referrals?
    • A. 

      Just after signing up

    • B. 

      After a successful experience

    • C. 

      When turned down

    • D. 

      All of the above

  • 4. 
    Which category of products accounts for the majority of multi-level marketing sales volumes in America?
    • A. 

      Cleaners & Chemicals

    • B. 

      Health & Fitness

    • C. 

      Cosmetics & Beauty Aids

    • D. 

      All of the above

  • 5. 
    Which profession statistically makes the most successful multi-level distributors/associates?
    • A. 

      Business owners

    • B. 

      Salesmen

    • C. 

      Stay at home Moms

    • D. 

      None of the above

  • 6. 
    This is when we work for one hour and get paid a certain amount for that hour's work. This example represents 95% of the working class. 
    • A. 

      Active

    • B. 

      Passive

    • C. 

      Residual

    • D. 

      None of the above

  • 7. 
    What is the number one concern of new distributors?
    • A. 

      Training

    • B. 

      Product pricing

    • C. 

      Recruiting leads

    • D. 

      All of the above

  • 8. 
    Which perk has been found to be the highest motivator for Network Marketing professionals?
    • A. 

      New Car

    • B. 

      Exotic Trip

    • C. 

      Cash

    • D. 

      None of the above

  • 9. 
    Which skill is the most necessary for success in Network Marketing?
    • A. 

      Ability to meet new people

    • B. 

      Ability to Sell

    • C. 

      Ability to analyze a product or person

    • D. 

      All of the above

    • E. 

      All of the above

  • 10. 
    This type of income represents royalties from books, movies, real estate, or business investments where you don’t actually have to be present to earn it. This is also the #1 draw to the Network Marketing Industry. This type of income is known as?
    • A. 

      Passive

    • B. 

      Residual

    • C. 

      Active

    • D. 

      Lifetime

  • 11. 
    Which night of the week will get the best opportunity for meeting attendance?
    • A. 

      Monday

    • B. 

      Tuesday

    • C. 

      Wednesday

    • D. 

      Thursday

  • 12. 
    An unconscious but lucrative action that 100% of consumers engage in is?
    • A. 

      Retail Sales

    • B. 

      The Stock Market

    • C. 

      Money loaned to friends or relatives

    • D. 

      Network or referral marketing

  • 13. 
    Which of the following statement about Network Marketing is true?
    • A. 

      Offers an unlimited income potential

    • B. 

      Normally requires a reasonable monetary investment

    • C. 

      95% of those involved work part-time

    • D. 

      Has no age, race, sex, income or any other social restrictions

    • E. 

      All

  • 14. 
    Which type of meeting will keep your distributors/associates motivated longer?
    • A. 

      A motivational session

    • B. 

      A social mix gathering

    • C. 

      An instructional event

    • D. 

      All of the above

    • E. 

      All of the above

  • 15. 
    Which is the most important factor in choosing a network marketing company?
    • A. 

      The products

    • B. 

      The compensation Plan

    • C. 

      The company Leadership

    • D. 

      None of the above

  • 16. 
    When assisting a customer with a problem, you should?
    • A. 

      Show the customer how much you know

    • B. 

      Attempt to view the problem as the customer sees it

    • C. 

      Find the mistakes that they have made and point them out

    • D. 

      Research solutions that have worked best for others

  • 17. 
    Every person who has failed at Network Marketing has made this critical mistake?
    • A. 

      Invested to much money

    • B. 

      Listened to the wrong people

    • C. 

      Missed to many training events

    • D. 

      Simply Quit

  • 18. 
    Which common retailing contest gets the best results?
    • A. 

      Bucket Brigade

    • B. 

      Coupon Royale

    • C. 

      Punchcard Madness

    • D. 

      None of the above

  • 19. 
    Which of the following are examples of the Network Marketing process?
    • A. 

      A new restaurant opens in town and you call a friend to tell them about the fabulous food and service

    • B. 

      You received a 20% off coupon in the mail and can get an additional 10% when you visit the store with a friend, so you call Mary and ask her to go along with you

    • C. 

      You loan your neighbor your grocery store loyalty card so they can get a discount on thanksgiving turkeys

    • D. 

      All of the above

  • 20. 
    Which advertising medium has the best success ratio for recruting?
    • A. 

      Newspapaer

    • B. 

      Internet

    • C. 

      Radio

    • D. 

      Direct mail

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