5Linx and ACN – Who wins in the 5Linx vs ACN telecom battle?
The Battle of Telecommunications – 5Linx Vs. ACN
After a recent review of the two telecom giants in the MLM industry, it appears that there are some major similarities between the two. So what is the actual difference between 5Linx and ACN? And how can network marketers choose what to invest in?
What is the best opportunity?
ACN
ACN came first. It was started by 4 entrepreneurs in 1993, based in Concord, North Carolina. Since its inception, it has grown to 23 countries, on 4 continents.
ACN has a close relationship with Donald Trump, who endorses their products and recently featured his videophone on his show, Celebrity Apprentice. The boost in media attention has helped the company grow both in the client base and in independent representatives. Last year, ACN was on Direct Selling Global’s Top 100 Direct Selling Companies list. Things seem to be looking up for ACN and its four main founders (who still work for the company).
The products they offer range from mobile phone services, high-speed internet, satellite TV, home security, VoIP services, and even energy.
5linx
The history of 5Linx follows a similar, but more recent path. Two of its three founders had business with a man named Andre Maronian at ACN. They decided they wanted to form another telecommunications company and sold their shares to Maronian. They eventually built a huge network and became the fastest-growing company on the Inc. 500 for four years in a row in the late 2000s. The product offerings are almost identical to ACN’s: mobile phone services, high-speed Internet, satellite TV, home security, VoIP services and, yes, even energy.
A booming industry
After the recent deregulation of the energy industry, it will become an increasingly large part of both companies’ businesses. Right now, ACN is leading the way by offering more energy services in more states. With only 4 states available at the moment (but there will be more in 2011), 5Linx proves to be a contender in the game.
Both companies are giants in the industry, and both are highly respected for the services they provide to small businesses and individuals. But who really emerges victorious?
Which opportunity is more lucrative?
One advantage may go to ACN, for its recent public relations push and appearing alongside Trump on a highly rated NBC reality show. But 5Linx is not far behind with its own marketing techniques (including a company magazine available to the public).
The truth is that both are viable options for network marketers. But to be successful at either, it’s imperative that network marketers learn the tools to master cold markets, establish credible web presences, and add reps to their downlines. Both could be great opportunities for the right person: the person who is willing to learn to build a great business.