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2013年3月26日星期二
Traditional MLM Marketing - Why These 2 Recruiting Methods Continue to Work Successfully
The network marketing industry has been alive for over a century now and it has proven to be a very lucrative industry to be in. Over the years there have been many traditional MLM marketing strategies that were used to build some very big businesses and many are still used today. Many people say that some of the strategies that are being taught today don't work any longer but I beg to differ.In this article I will talk about 2 of the many marketing techniques that still work today that will always work. With the development of new communication technologies and gadgets many people are not using some of the older traditional strategies but they still work just fine.One of the traditional MLM marketing methods that will always work is using the 3 foot rule. They call this strategy the 3 foot rule because you are supposed to talk to any and everyone within 3 feet of where you are and ask them if they are interested in an additional way of making money. This way of building your business works because you are using the law of large numbers. If you set a goal of talking to 100 people a day you will get some people that will say yes and you will contact them at a later date for a follow up session.The second traditional MLM marketing method that will always work is utilizing home meetings. This is a strategy where you invite your friends, family and acquaintances over to your house after you have shared some information about your new business and have a more detailed presentation prepared for them to look at, preferably done by an experienced representative.These are just 2 techniques that you can use to build your network marketing business, I wanted to get into these because they have and will always stand the test of time. If you use your imagination and use any combination of these strategies and sprinkle some of the online marketing methods in with them I'm sure you will be on a path to building a successful network marketing business.
2013年3月11日星期一
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.
2013年3月4日星期一
Asea Business Opportunity Review
Asea is the latest Multilevel network marketing opportunity based in the health and wellness industry. The company believes they have a solid product and a solid compensation structure to help many into health and financial security.ASEA's main product is a supplement containing a balanced set of reactive molecules that are native to our body and until now only produced through the metabolic process of the mitochandria. The components of this supplement supports the immune system functions that reduce oxidative stress and cellular damage. Although the product is not an antioxidant the components increase the effectiveness of antioxidants, including Glutathione. On the Athletic side however, the supplement is know for increasing endurance and power output by an average of 12%.The opportunity comes in the direct sales, network and multilevel marketing. The cost of startup will be in the purchase of a starter kit, the actual price can be obtained through contacting a local sponsor on the website. Through retail sales the individual could make some commission upfront while building their team. The difference between the discount and the mark up price on the product will be the gross commission. Through the team duplication there are six more ways that the individual could create income. This will all be based upon total team sales volume, start up bonuses and of course leadership pools. These bonuses are very common to this industry and usually require the distributor to retain a certain volume each and every month to receive these bonuses. It would be imperative that you do your due diligence on the compensation plan as the website itself does not contain all the information.Multilevel marketing does have a high attrition rate due to the lack of many foundational issues. The first is the lack of leadership, so make sure that your up line is there to support you with all vital information. The next is training in marketing offline or on the Internet. The foremost however is the misunderstanding of complicated commission or compensation plans. Make sure to do your due diligence before entering any multilevel or network marketing opportunity before investing any of your time and hard earned money.
2012年12月31日星期一
A Critical Review of Market America - A Sound Opportunity Or Not?
Market America the Company.Founded in 1992, by James H. Ridinger who was also previously involved with Amway. Market America is a product brokerage and Internet marketing company that specializes in One-to-One Marketing. The company operates in the United States, Canada, Australia, Hong Kong and Taiwan.Market America The Opportunity?Market America calls its MLM plan an "UnFranchise® Business." An individual can enter and operate their own unit of the business almost like a traditional franchise. The difference being no need for a brick-and-mortar location, leasing or rent expenses, franchise fees, monthly royalties, territorial restrictions, or operational concerns such as inventory or shipping and receiving.Market America claims to have 180,000 distributors and that these individuals have earned over $1.8 billion in commissions and estimated retail profits. Let's see... I think that only works out to $10,000 per person. So obviously, to make this business plan work for you, you are going to have to go above and beyond what is provided by Market America.What does Market America bring to the table? They provide the high-quality product, of course. They also ship and deliver the product. They provide a marketing plan, a "custom" web portal, marketing materials, and their Management Plan. They claim to handle 90 percent of the administrative and operational aspects of the business. They also tout a comprehensive training and support structure.What does this training consist of?Quarterly national conventions and bi-annual training meetings in Miami and Greensboro (Market America's headquarters), marketing materials that the distributor must purchase for several hundred dollars, audio guides, a Custom Web Portal (which means a page for your business, not your own website) newsletter, and a training website (which, when I looked at it today, included plenty of educational information on the products, but nothing on actual marketing techniques). You also have the potential support and attention of your sponsor.Can this plan work for you?Market America does have great products. All of their products address popular health concerns, at a time when people are educating themselves and taking their health care into their own hands. But you still have to find potential customers and let them know about your products, build your business, and recruit your lines. Will Market America be able to take care of that for you?Market America excels at educating you about their product line, but leaves the rest of the marketing plan up to you. They still promote the warm market of family and friends, plus the giving of samples, and the token web page.So where to go from here?In order to create a business, you will need to take your sales and marketing efforts into your own hands, and join the 21st century. Your number one priority will be to look for ways to increase your marketing knowledge and skills. The products are good, the market is good, and the education is good. But still, if you're not talking to the right group of highly motivated people who desire what you have, you're wasting your time, energy and money. Otherwise you'll just get frustrated.In Conclusion:In order to increase results, you must learn to utilize all the options and tools the internet offers. Start with a robust website with search engine optimization to direct people to your website and capitalize on their visits. Also, social media in its various forms by which you can reach targeted people and let them know the solution you have available for their problems. This is just the beginning tools needed to take this business opportunity one step further then the basics offered by the company.As with any business, if you rely on someone else efforts to build your business, you probably will be disappointed in the results. As with any business, large or small, it's up to you to make it succeed.
2012年12月27日星期四
Why Do Intelligent People Join MLM?
Many people join MLM, but why? Many times the MLM industry has received less than favourable perceptions, mostly due to unscrupulous people who don't play by the rules and are out to con people into joining illegal ponzi & pyramid schemes. Mention 'MLM' and a large percentage of folks will have a cloud of scepticism descend on their mind.I'd like to ask you, do you think that anyone should join the Network Marketing industry?Briefly lets have a look at some numbers The large majority of society is working for someone else, building their employers empire and probably will do so until the age of 60-65, it seems that the average wage per person each year is around $36,000. Of course there are many people who earn more than this but I am just comparing averages here. Mostly you will be working 35 - 40 hours a week, maybe more in order to keep getting this money from your employer.If we look quickly at the MLM business model. There are many folks who by selling products and developing a team have created an ever growing residual income for themselves. The MLM company that I have partnered with, sells a product that offers incredible value to people's lives. When I have someone join my team as a customer I will then earn commissions of $45 each month. Let's say in a year working myself to the ground I was only able to make 100 sales, that's already $4,500 a month which adds up to $54,000 each year, so already I've gone past the average wage.Naturally I am not going to be content with that I would try for 200, 300 and more sales during the course of a year. But suppose that I recruited 100 people on my front line as distributors who I would earn an average of $15 from every sale that they made, that's another $1,500 a month. Then after that I earn 3% of everything that their distributors sell and this goes on 7 levels deep (the width of my organization is limitless). Now assume that you had a product that transforms people's lives and that the company wide retention rate is 93%.Are you seeing the possibilities here?Also take into consideration that you can now use the internet to build your business, given the technology that is now available. Given the fact that the internet offers us the chance to bring in leads all day long to your business, the power to build a residual income should not be ignored.Now I don't know of any other business model which has the power to build a residual income like this. To avoid giving the impression that MLM is some kind of quick fix money maker I have been conservative in my figures. Massive incomes can be developed but its a long term game plan. Some MLM marketers however are earning in excess of $10K each and every week. As an example my personal sponsor has made over $28K in just two weeks (and he did this from his beach home in Costa Rica) Starting with just a budget of $250 he has gone on to build his own empire over the last 9 months!.
2012年11月28日星期三
5 Common Mistakes That Will Kill Your Network Marketing Success and How to Avoid Them
Network marketers are just like everyone else. Yes, sometimes we make mistakes! The only problem with making mistakes as a network marketing entrepreneur is that when we do, our businesses suffer. We bear the brunt of the mistake 100%.As a business owner we have to take 100% responsibility for all our mistakes. There are no employees or bosses who lack compassion to transfer our frustrations to. The good news is, you can easily avoid many of these mistakes. Lets take a look at the 5 most common mistakes (I personally have made them all) and how to avoid them in your own business.Common Mistake #1: Operating Without A PlanAs a network marketer you still need to have a business plan. Forming one and sticking to it is actually your primary goal. Business experts in all different markets recommend that you spend close to 25% of your time on your business plan. You will struggle in your business without a consistent plan you can follow on a daily basis.You must also make sure that your plan is malleable, and that through analysis over time, you will be able to make the necessary changes to it quickly and efficiently to increase productivity. Trying to run your network marketing business without a plan, whether you are looking for new business partners or customers, is like heading out on a car trip with absolutely no idea how to get to your destination.So how to you make sure you have a plan? You create one. You take the time to sit down and formulate it and personalize it.As you create your business plan you will need to address, at minimum, who the audience is for your offer, who your competition is and what it is they are currently doing, what your personal vision and mission is, how your product or service fits into this vision and mission, and how you plan on marketing this product or service.Also, once you have a basic plan set, you will want to schedule some time into your business plan to address the plan itself. You will need to adjust, make changes, and add or subtract things over time. Your business plan should not remain static, or your business will become stagnant.Common Mistake #2: Managing VS Leading When you first start your business it makes sense that you will be the one doing everything. You will need to create your plan, build the necessary marketing materials to generate leads and implement your plan, and then manage your business associates and customers. However, as your business begins to grow and you start developing a positive cashflow, doing everything yourself is not going to make good sense any longer. You will come to find that there are only a few things that actually make you money, and that the rest of your tasks, although important, could be done by others.You don't, for example, spend all your time invoicing product, creating sales letters and advertisements, or doing SEO work on your websites if your time would be better spent simply taking orders and signing up new business associates by phone.This is the difference between managing and leading.Leaders focus on what they do best and stick with it. Managers try to do a little bit of everything and try to manage the time as best as they can. Leaders recognize that to lead their business they need to let other experts deal in their areas of expertise while they deal in theirs. Leaders are focused on building a team of people, all experts in their chosen fields, and then letting them do what they do best to help grow the business as a whole.This may mean you need to do something as simple as hire a VA (Virtual Assistant) to check up on your customers and make sure they have everything they need. This is one way to deal efficiently with the customer side of your network marketing business. If you are handling customers all day your sales force who is working under you will suffer. If you focus only on your sales force, your customers will suffer and find someone else to deal with.Maybe you need to let one of your new business partners host your opportunity calls. They may be a better speaker and people may enjoy listening and learning from them more than you.At some point, hopefully sooner than later, you are going to have to adopt the mindset of a leader to ensure continued growth in your network marketing business. You must lead and not merely manage. Discover the formula that works best and implement it.Common Mistake #3: Lack of A System All successful network marketers who do this full time have some system in place to keep themselves and their associates productive. You can use a calendar or some type of complex task software to keep up with your daily goals. It can also be something as simple as a sheet of paper, which is what I prefer to use.At the end of the day I look over what I have accomplished for that day, and on a simple sheet of paper I write out what I want to get done for the next day. I then prioritize my list with what is most important at the top, followed by the lesser important tasks. I then attempt to get as many of my appointed tasks done the next day. Whatever I do not get done that day goes at the top of the list for the following day.The system you use to remain productive and hold yourself accountable can be simple or complicated. The point isn't what kind of system you use. The point is to use whatever it takes to keep yourself focused, organized and productive.For me it is a simple piece of paper and a pen. For you it may be something else.Common Mistake #4: Taking On Too Much (Overextending) When you start to experience success in your business it is only natural to want more success. This is a great drive to have. You always want to increase business and strive to do better everyday. Just be careful not to bite off more than you can chew. It is tempting to use some of your profits to start other projects.These other projects come in many forms. Maybe you start a new marketing and sales funnel for a new product. Maybe you partner with someone else on a similar business that you feel is a great addition to your current business.Doing this all sounds good in theory, especially if your previous actions have resulted in a steady stream of profit, but unfortunately you are allowing your focus to be splintered in different directions. Starting even one new project too early can be disastrous for your current business.You see, the first splintering of your focus that happens is always the biggest. One new project or plan, in addition to your current business, immediately cuts your time in half. You immediately lose 50% efficiency on both projects. The new project is already going to get only 50% of your time. That 50% loss in efficiency and focus can mean more than a 50% loss in income. It could kill your business before you really even get it going.So what is the cure for those who tend to overextend? The solution is simple. You don't take on any new project that you cannot devote 100% of your time too. If this means you can begin to build up another leg in your downline and devote 100% of your time to it, then do it. That is not what I am talking about here. I am mainly talking about those who see some success in their company and then jump into another deal so soon after. Just don't do it. It is always much easier to increase profits in an already profitable business than to try and start something new.Common Mistake #5: Misplaced Trust No, I am not talking about getting involved in scams or being taken advantage of by unscrupulous advertising agencies. What I am talking about here is misplaced trust. It means that you put your faith, trust, and commitment into people who are not helping you grow your business, or who show no signs of being able to help themselves. A big part of this crowd are those who join you in a business and then expect you to do everything for them.But lazy business partners are not the only people you need to watch out for. You don't want to put time and effort into anyone or anything who is not going to directly help you to grow your business. I am not talking about what you do in your personal relationships but what you do with your business relationships.Before you make the decision to enter into a business relationship with anyone, you need to make sure the relationship is going to help you grow your business. Make sure you set goals for your business associates as well as ad agencies you may use to advertise your products and services. Track and evaluate the success you have or do not have and make adjustments when needed.This may mean you stop spending time helping a downline member who is unwilling to help themselves. Or you may need to stop dealing with an advertising agency who can't seem to get back to you in a timely manner to your important questions.If you've already made one or more of these common mistakes, don't be too hard on yourself. I have made each and every one of these mistakes multiple times. It takes experience to make better decisions. You don't just start your own business and instantly become entrepreneur of the year. You can easily survive these mistakes as long as you learn from them. They can also lead you to bigger and better opportunities. They have for me.If you are not making mistakes you are likely not striving hard enough to reach your goals. You will have little failures along the way. Embrace them and use them to grow.
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