iLearningGlobal Dumps MLM or Network Marketing Model

It's difficult to understand why a company would eliminate a portion of its business model - potentially losing thousands of distributors & hundreds of thousands of dollars. However, that's exactly what iLearningGlobal has done. It has shut down its network marketing division - presumably due to it not being a profitable marketing arm.iLearningGlobal.tv opened for pre-launch in July of 2008 and shut down its network marketing division in March of 2010. Capitalizing on the trend of continuing adult education via the internet made iLG appear to be an excellent opportunity with a lucrative compensation plan.iLG is not the first & will certainly not be the last network marketing company to open its doors with the best of intentions, only to be forced to shut down. No matter how good a new MLM or "start up" business may sound; there is an increased level of risk to the distributor who chooses to join a "ground floor" opportunity.The announcement that the company was disbanding their MLM division has left many distributors upset and wondering what to do next. Before you jump headlong into another network marketing company, first take the time to learn what it is you need to know to decide which company you should affiliate you good name with.Harvard Business School says you should look at these 5 things when evaluating a business opportunityThe Company - is it solid, established, likely to remain in business?
The Product - is the product going to deliver what it promises, is it good quality, can the consumer depend on it? Is the VALUE of the product greater than the cost? Are people who are NOT involved in the business, buying & using the product who are not distributors? How about retention? What are the company statistics regarding how long the average consumer (not just distributors) continues to use the product?
The Need - is there a need in the market place for the product being offered? Is there a unique market niche or is the product just one of hundreds of different supplements that can be found at the local health food store - another brand of cosmetics to compete with Revlon, L'Oreal or Estee Lauder?
The Compensation - if you're going to put your time & effort into something are you going to be paid a fair amount? How much product would you have to sell personally to recoup your investment & get into profit mode? If you're building a sales organization, how many new distributors would you need to join your team to get you "into the black"?
The Timing - now would NOT be a good time to start selling cassette tapes or vinyl records, so how does the timing look for the product or service you're considering? Are you ahead of a trend, at the wrong end of a trend or just one of lots of other companies marketing similar products?Ok, that's all fine & good for a traditional type business - what about MLM??My internet network marketing mentor says that a Successful network marketing business needs these 5 things.A product with an untapped, wide open market.
The business needs to be based on powerful, current trends.
Retention rate needs to be high if ongoing residuals are going to be strong.
The start up cost needs to be low so that the business will continue to grow.
And the comp plan better be good - it should reward not only the experienced associates, but the NEW rep as well so they can make money quickly.If the company you're considering can answer "Yes" to all of these criteria, you've probably got a real winner on your hands.

Numis Coins - Is Silver and Gold at the End of the Rainbow?

Collecting Numis gold and silver coins, known as the hobby of kings, preserves a rich legacy for future generations. Numis Network specializes in the sale of graded gold and silver numismatic coins through a network marketing distribution model. Numis coins are really cool and coin collecting is an awesome hobby. What better way to earn a residual income than market Numis coins? In the end gold and silver coins pay for themselves don't they? Yes, a rare numismatic can hold exceptional value, if a buyer can be found.Here is the problem. Numismatics are collectibles and categorized as hard to value assets in the accounting world. This is because there is not a reliable, ready market for these assets. In order to realize the value of Numis coins a buyer must be found. The only buyers of numismatic coins are hobby collectors and network marketers. By and large there are only sellers in the market place for collectible coins.Would you be better off today if you had collected a silver or gold Numis coin each month for the past five years? Let's see. $125 buys a one ounce silver coin per month. When multiplied by 5 years that amounts to 60 ounces of silver. At that point you have spent $7,500 of numis coins. That honestly is a pretty neat collection and a collector would probably be very happy with the purchase. But what are those coins worth? Maybe a fortune, if you can find a numismatic buyer. 5 years from now the fad could still be running, but the network marketers are not going to buy your coins for $500. That leaves only collectors. How many of them exist? Try and sell a 10 year old coin at the "appraised" value and find out. The answer is not many.Let's assume you want to sell your collection and cash out. You have a closet full of coins and now it is time to cash in. Now let's find a buyer. We know you are not going to be able to sell your collection for the appraised value to a networker and we know that you have little chance of running into the right collector that is interested in your collection. Maybe they like one coin, but definitely not the whole lot. So where are you going to sell it?The only reliable market is the actual silver market. Numis's own example, when compared with the price if silver at the time of minting, reveals the price of the MS70 silver eagle moved directly with the price of silver bouillon from 1997 to 2008. There is a ready market for all of your silver and it is easy to value and real. The value of a collectible is only good if you can find a buyer. The bank is probably going to value your silver coins at the price of the silver.That really makes you want to buy silver and gold numismatic coins huh? The reason to buy silver and gold numismatic coins is because you like them, plain and simple. They are not an investment. They are a great hobby and can make for a nice business. Collecting silver and gold coins is cool and fun and a great way to preserve a rich legacy for the future.Marketing Numis coins can be a nice niche business if one has a lead generation system in place to give the new Numis distributor people to talk to after their warm list runs dry. Face it, only so many people are going to be interested in coin collecting for a business. The best way to succeed and to grow a huge business is to have a coach and an online lead generation system capable of daily generating leads and people for you to talk too.If you are considering getting into Numis coins, it is a great way to make some cash and have fun. As always, when choosing a company make sure it aligns with your values and it has a product you can get behind. If you don't like coins, find something that is right for you. Where ever you go make sure you have the right systems in place to generate leads on a daily basis and never let that well run dry.So can the hobby of kings make retirement dreams? Maybe, if you have the right tools in place and a well executed marketing plan the sky is the limit. The only limit is you. Remember, getting into Numis coins is getting into a really cool hobby and sharing it with others is rewarding in ways worth much more than money.

Can You Make Billions With a Network Marketing Company?

Network marketing is a new type of home based business where people are making billions of money working from home. They don't drive to their office or they don't even produce the products to sell. They get the products from other company and sell these products to other customers. They make dollars from the commissions they get for their sale.Network marketing companies can be started by anybody who is willing to start a home based business and put their effort in expanding the business. The first required thing is to register with a parent company by investing a small amount of money. You will then be provided with the product and training materials will tell you what you have to do. You must have the ability to follow the previous success strategy.Basically you need to buy the products from the parent company fro selling them. Most network marketing companies require you to use the products and sell them with a personalized review. You then need to build your team where each of your prospects may start a network marketing company just like you or just buy your products. When you are able to attract more people into your company, then you are in the right path in making billions of dollars.If you are able to identify products the people are searching for then you are sure to become a billionaire by staring a network marketing company. You must identify products that are consumable. When you are selling a one time buy product then you have to keep on searching customers for selling your product. Rather when you are selling a product that people will use up and come back to you to buy it again then you are on the right track. With an existing customer base, you can sell the products again and again and count the cash you earned. You can start your sales form your friends and relatives.You must also concentrate on building a downline of prospects who will also sell products by getting them from you. This way you can reach more number of people and as a result the number of products you sell will increase. Building an active downline is very essential to become a billionaire with a network marketing company. You have to provide what all your prospects require and build a trust and provide them proper guidance. You must also be able to follow the path your sponsor has framed for you.As more and more people are now interested in starting a home business, if you are able to market your company you can easily get prospects and build a massive downline. The word of mouth advertising is found to be effective in the initial stages of network marketing business. When you are able to make a few sales initially you are sure to get residual income for a long time. You can really make billions with a network marketing company buy you must know to tame the tiger.

Highlighting SaleHoo's Role in Promoting the Online Selling Industry!

The ongoing economic slowdown fails to quell the enthusiasm now being experienced by the online selling industry. Despite the parsimonious behavior of the traditional market, the online selling world is briskly active in consummating various sales transactions with a loyal and steady market. Indeed, this is a positive outlook and the industry is looking forward to a more vigorous and profitable undertaking. This positive outlook can be attributed in large part to drop shipping and SaleHoo.It is a known fact that a large portion of the online selling industry is engaged in drop shipping. Meaning, online sellers are now working with a host of suppliers that offer delivery services. In this business set-up, sellers no longer take custody and possession of the goods and products displayed in their respective online stores. These goods are retained and warehoused by the suppliers, known as drop shippers, and undertake to deliver the same directly to the online buyers upon the specific instruction of the online sellers. Evidently, this drop shipping arrangement is structured to relieve the online sellers from the hassles of having to maintain their inventory of goods and from the burdens of packaging and delivery. It also allows the sellers to save on the expenses that may be incurred in these activities, savings that will translate to additional profit.Due to its proven efficiency and indispensable contributions, there is currently a high demand for drop shipping suppliers. Online sellers scramble and flip through countless of online pages in search for dependable drop shippers. Recently however, the search has been made easy and convenient due to the emergence of SaleHoo and other online business resources.As an online business resource, SaleHoo offers a list of businesses engaged in wholesaling and drop shipping. This list is screed, selected and culled from a myriad of businesses inhabiting the online business world and published online to cater to the requirements of its registered members. In effect, online sellers who register with SaleHoo are now given unlimited access to a list of drop shippers with established credentials and qualifications. SaleHoo vets these businesses through a rigorous screening process and only those that satisfy its criteria will find their names included in SaleHoo's list.

Why 25% of Network Marketers Fail, Not the 95% That Some Often Claim

Although network marketing companies avoid highlighting or even mentioning drop-out rates, often their top distributors exaggerate the rate to 95 or even 97%. They do so in their own personal branding in order to attract a greater number of prospects to themselves and away from those they may have themselves recruited. However, the more likely number of a 25% failure rate is easily explainable.The United States Federal Trade Commission (FTC) provided a "Notice of Proposed Rulemaking" for business opportunities in April of 2006 (1). A significant amount of study and public comment resulted. The causes and number of participants leaving or canceling their enrollments were discussed at length within written comments and public workshops.A very simple explanation of the misleading math was provide by Jon Cook, identified as a leader with the Distributors Rights Association, at a public workshop held June 1, 2009."They come out with claims... (that) 95 percent of the people lose money in MLM, but an admitted thing within the industry is 70 percent of the people drop out. They're free choice. It's America. They find out they didn't want to do the work or they had something interrupt in their life. They had a new baby, something on that. So if we adjusted that fraudulent static 15 consumer awareness makes, it goes down to 25 percent which is pretty normal..."A good Network Marketing Company refunds the cost if the business kits and/or products/services are returned within 90 days. Some of them up to a year. Legitimate companies strictly observe the 72 hour right of rescission as required by law. The author gladly facilitates refund requests. Only happy, productive team members will produce the results they themselves are seeking.The remaining 25% in the equation are often those who make little effort. Additionally, many of these get wrapped up in the product and compensation knowledge. They don't "network" and certainly do not "market.So why the exaggeration? Top leaders in network marketing companies understand the importance of marketing themselves first and the opportunity second. Attraction marketing is what they are employing here. As new distributors, they would have never used or even discussed a high number. As a leader, using headlines such as "95% Of Distributors Fail. As A Leader In My Company, I Can Make Sure You Are In The Top 5%". You likely understand the appeal from their standpoint, although improper.So do 95% of network marketers fail? Of course not, most of them opted out. They changed their minds.(1) # 243; 16 C.F.R. Part 437; Matter No.: R511993 - Federal Trade Commission

Being Your Own Boss Online

Being your own boss (self-employed) can be an amazing way of life, it brings many benefits to many people, such as being in control with no one telling you what to do day in day out, you can work flexible hours & work it around your everyday family life - but most of all it can be very rewarding as long as you are determined to make it successful. However, any business that you decide to build requires time & a lot of effort to unlock its full potential.When planning a business you should base it on an area that you are interested, something that maybe you have a passion for because this will encourage you to pursue the building of your business. In many cases people fail when they are building a business that they don't really know much about or haven't got much interest in, this is quite commonly because they get bored with what they are doing & get confused, where as if it is an interest area of yours then this will help give you your motivation that you need to follow your dream.I strongly recommend that anyone starting out with an online business should take their first & most important steps by seeking a good mentor or trainer, someone who will teach you everything that you need to know & show you step by step how to put this valuable knowledge & your idea's into practice.I would like to wish you the very best of luck with whatever you choose to do with your future business ideas.Russell Prentice

Numis Coins - How to Make Money Online Selling Gold & Silver Collectible Coins

Dreams of gold and silver have danced across man's thoughts throughout time. There is something so appealing about collecting coins and doing business in precious metals. Most people might believe that venturing into something like this is not possible for them. After all, it surely takes a lot of money to invest to make money online selling gold and silver, right? Not necessarily. It may be a whole lot easier than you believe when you get involved with the right program.Numismatic Gold and Silver CoinsWhen you think of buying and selling gold and silver you most likely think about those ads you watch on tv asking you to send in your gold jewelry. But that is not what we are discussing here. No going around to thrift shops looking for hidden gold treasures or digging through grandma's jewelry box. I am talking about how to make money online selling gold and silver by means of the Numis Network.The Numis Network teaches you how to collect modern collectible coins. These are not rare coins from the days of the Greeks. They are collectible coins from the 1900's and onwards. Beautiful works of art which were all made as currency. They are very carefully graded and preserved to protect their beauty and their mint condition. And you can easily learn to collect, buy and sell them in the comfort of ones own home.Follow Your DreamIf you've always wished you could have a collection of exquisite rare coins but didn't fully understand a thing about coin collecting, or didn't have the money needed for collecting ancient coins, then Numis Network can be your chance. It is easy to do to get going in, it's a lot of fun and you can start collecting affordable mint coins immediately. Actually, when you join the Numis program you start your collection immediately and you get a new coin each month. It is a fantastic way to start a great coin collection as well as make money online selling assets at the same time.Make Money Online Selling and BuyingWhenever you join with the Numis Network you are able to buy and sell these stunning coins. Even if the objective is merely to purchase and collect not to market it's worth becoming a member of for the preferred pricing you get on the coins. Of course, you can buy directly from a Numis dealer at the retail price too. Numis provides you with all the business tools you will need and collecting supplies you could potentially want to make your coin collecting an incredible experience.There isn't any reason to wait to make your dream a reality. Get involved today and begin collecting these beautiful coins. They will only increase in value and will be something well worth passing on to your children and grandchildren. There is no reason you can't make money online selling and buying this type of collectible item. It's a chance to make an investment into your future and into your prosperity today. Let me show you how you can easily get started today.

Dexter Yager Amway Success Review - Do Yager's Teachings Still Work?

You are here because you are looking for more information on one of the most famous distributors in the Amway Corporation. You are here because you want a real, honest review about Dexter Yager.Yager is probably one of the most important people to ever work in the network marketing arena. Dexter Yager has become the leader with the biggest network marketing organization to ever hit the MLM industry. If you have met some people in the MLM industry before, then you probably know someone who has previously done business with Dexter Yager's company.Dexter is also well know for his educational material that are used to train distributors. His personal business with Amway, does billions in sales worldwide. Not bad for a person named Dexter.Dexter is simply a great leader. Sadly, what most people think about when they hear the word "Amway" is scam! Dexter's accomplishments don't lie. You might be asking yourself if Dexter's trainings still work today. The answer to that, is debatable. What I do know, is that the market has changed a lot over the last 20, 30 years. The marketing tactics that worked well a few years back may not work as effectively as today.This industry will not have a lot of people with the successes of Dexter. Modern marketing techniques with proven personal development principles will definitely help new home business owners take their businesses to new heights.To be successful in any industry, you must have knowledge that the majority of the people in that industry don't know about. That's the way things work. The fittest always do better. Hotel meetings and contacting your warm market about your business do not work so well today. But Dexter Yager's teachings about personal development and the power of influence will always be beneficial to business owners for the rest of time.

Work From Home Easily - Is This For Real?

It's tough enough trying to hold down a 9-5, what with the commuting; and the added uncertainty of just how long you will have that job, in today's current economic climate!But, think about it! You spend a couple hours in the car, and then the boss is always changing your assignment. Plus, he's hiring younger guys and paying them less - and because you earn more, you've got to out perform them. So, they're 10 years younger than you and don't have a family to worry about! And, that's another thing - when do you get to spend time with the family? I mean quality time. Time when you're not too tired out, and just want to sleep, and recharge your batteries.Because, more and more people are either losing their J-O-Bs, or scared of losing their J-O-Bs, because of the recession. More and more people are starting to work from home for themselves, running an online business.Just because there is a recession going on, doesn't mean that there is no money around! It's just relocated itself; that's all! I mean all of those millions of Dollars that those Bankers and other CEO's milked out of their Companies (and incidentally, out of our pockets), haven't just dropped off the face of the Earth. The money is still out there; but now, of course, people are being much more careful about how and where they spend it. And, surprise, surprise - they are now looking to invest that money more carefully - quite a few are now in a work from home, online business.When you accept the simple fact that there is no such thing as job security anymore, unless you work for the Government. More and more people are looking to set up in a business of their own, where they can work from home.
So that they can be in charge of their own destinies.
They can control the time, and hours that they want to work.
They can get to spend quality time with the family.
They receive the rewards in direct proportion to their efforts at work!Of course, in order to set up any business, you need to know something about it, if you want to be successful. So you need to consider your strengths and weaknesses, and learn about the demands of the market that you wish to set your business up in. Then there is the competition, and getting people to know that you can provide an answer to the problems that they are looking to solve.Now, if you can do all of these things and a few more, with confidence, and competence; and do it all whilst you work from home, then you, my friend, are in a most enviable position. You can set your own targets; and by working smart (rather than hard), you can demand your own income. If you just get it right, you will soon find that you will be earning more money than you ever thought possible.It's great to earn a lot of money; but that in itself shouldn't be the goal of anyone who would work from home. It's the freedom that comes with having the financial freedom that you have generated for yourself and family, which should be your real goals.Knowing that your wife doesn't have to work, if she doesn't want to work. Being able to attend junior league games with the kids, and just being able to spend more time with them, in general. The joy on their faces, when you take them away to some far off land on vacation. Being able to buy the car that you've always dreamed of, or maybe even a yacht of your very own!Once you've put your mind to it and applied all of the resources that we can help you to muster; once you know that their is someone who has been through what you are going through, who is there to give you the guidance that you will need from time to time, until you can stand firmly on your own two feet - all of this behind you, should remove the fears and doubts of starting out in a new business online.Now, there are a lot of so called "Gurus" out there, who will promise you the World, for a fee. But, in most instances, what actually happens is that they give you a system, that if you haven't been to MIT, you couldn't figure out. They are slow to respond when you have a problem; so you get fed up of spending time and money without seeing any return - and you repeat the same frustrating exercise with another potential Guru who promise that he will take you by the hand, and lead you step by step along the path of success.In all honesty, he may do this; but what he neglected to add was that you would have to buy a large number of tools and software to get his system to work for you - and then, once you've spent all of your money, he then tells you to use Google AdWords! Ouch! Boy, can you get badly burned on Google as a novice!!Fortunately, there are free resources, out there, that can tell you where the money is; who is making it; which Markets are HOT; and when you learn your way around the Internet, even how they are making it. That sort of knowledge, my friend, is dynamite. Absolutely worth its weight in gold! And that's where you want to be!The best way is to find a business that you can work at from anywhere in the world, as long as you can access a computer.

The Makings of a Great MLM Marketing System!

Can you do, continue to do, teach your downline to do, and have them continue to do - these things:Prospect (find leads)
Present (your offer)
Close (seal the deal)
Teach (your builders to stand independent of you)
Optimize (fine tune)If you can, extraordinary things await you.But odds are you can't - not without a great MLM marketing system, because eventually the whole whisper down the lane syndrome will creep into your downline and ruin your ability to go the long haul. In other words, even if you are extraordinary and reach the top without a system - you'll still need a way to ensure the success you enjoy will be enjoyed by your downline and your downline's downline.The point is this: if you don't plug your entire donwline into a simple proven money-making system they can start using today and get results tomorrow -- you're doing them an injustice and they'll all end up doing something different (most with little or zero results) and will (as a consequence) quit on you.Make it the top using a system that gives them (everyone in your downline) the same chance as you.So what does a great system look like anyway?Well, it supports all the basic needs of your business (outlined above) in such a way that you're freed up to concentrate on the things that make you money instead of the things that don't. It helps you...Prospect: A great system brings in a steady stream of high quality responsive leads without costing you a dime or a single minute wasted on the wrong person.Present: It educates your prospects on you and the way you do business; so they'll know what to expect - before they join you; cutting way down on your attrition rate (i.e. less will quit).Close: It sorts through browsers to find buyers so you can focus on taking orders instead of objections.Teach: It is a what-you-see-is-what-you-get system; so by the time your new people are on board they're fully up to speed on you and your team's strategies and tactics. This is because they partook in your end to end business process already (they went through it themselves) and your system explained everything. This means less babysitting and less hand-holding!Optimize: It has built in tracking-technology so you know what's working and what's not. Now you can do more of the successful strategies and eliminate the failing ones.There you have it - all the makings of a great MLM marketing system; all you gotta do next is find great people and your team's success is inevitable!