2013年4月9日星期二
Best Network Marketing Companies - 4.5 Things to Do Before Joining a Network Marketing Company
IntroductionMany people jump into multi level marketing companies without thinking it through. This normally results in over spending along with unrealistic expectations. Network marketing or MLM is not a get rich scheme or pyramid. Multi level marketing companies can be a very profitable business if you take the time to build it correctly the first time through.There are a lot of people out there who will try to recruit you into their business opportunity, but who wants to be sold a home business. Normally when you are recruited in this manner you do not have any up line support or very little. You want to avoid this situation by taking the time to get prepared and educated before committing to any MLM company. Do not accept pressure to join from the person trying to recruit you, as this is a sign they will be a weak leader to you in the long term.4 things to do before joining any MLM company1. Read the e-book Success in 10 steps. This e-book contains general information about the network marketing industry. It contains no links to any MLM businesses and it does not even mention any businesses. It is just straight talk about how to be success in MLM.2. Read articles and books on the topic of understanding people and what motivates them. Remember that network marketing is a people business so the more you can learn about people the better.3. Review the products and compensation plan for the business and make sure these are both something that will benefit you. Do not join a company with only one product or a few products because you are subject to changes in the industry to quickly. A flexible compensation plan, where you can grow wide and deep, is better than a binary or stair step program, because the different personality types will be able to work the plan to their advantage.4. Read the prospective MLM Company's policies and procedures. This step is very important because you want to ensure your rights are protected. If the policies and procedures are more than 10 pages, and there are a lot of clauses that give all the rights to the company, then you should look else where for a better company.4.5 Staying with the topic of policies and procedures, you should make sure there is nothing in the policies that makes you renew or reapply annually as a distributor. This is a sure sign that there is potential for you to lose your business on the date of the renewal, if the company does not accept it.Conclusion97% of people will not last beyond 3 months if they are recruited into a network marketing business. However, if they are mentored and coached by a strong leader more than 65% will get beyond that 3 month point. You need to work with a good coach or mentor and you have to become a good coach and mentor. Remember that network marketing is not a sales business, it is a people business. Examine my blog for more coaching tips and to download the eBook Success in 10 steps.
2013年4月1日星期一
5 Must Haves Before You Invest in a Home Based Business Opportunity
Before we begin I want to clear up the title and your plan when buying into the home based business industry. This article is for those who have a opportunity in mind but don't know if it's good or bad. Which is why I am writing about the top 5 things a opportunity must have before jumping into it!1. LeadershipIt's proven and talked about most among leaders in the work from home industry and that is, "the key to success is a good mentor." Go online and make sure the opportunity is providing you with a credible leader!2. Do you Have The Money After The MoneyThe biggest secret in the home based business industry is the "money after the money". You see every opportunity has some type of marketing, auto responder, and hosting cost at some point. So make sure you find out the costs after the initial costs!3. Any GuaranteeBelieve it or not but most work from home opportunities will return your money if your dissatisfied in a given time. So find out what this guarantee is!4. Success StoriesI like to think of myself as a leader but not when I first got into the industry. So make sure there was success in your opportunity before you enter!5. Know the Game PlanSome opportunities require you to call leads and if your not into that aspect of marketing and selling then this opportunity may not be for you.Good Luck: To Your Success...
2013年3月16日星期六
Don Failla MLM Guru - A Critical Review
Don Failla is the author of several books that teach people in the MLM industry how to succeed. His books typically relate to explaining the concept of network marketing, overcoming objections, and presenting. While he has gotten several rave reviews about his products, he is not without his critics. Let's take a closer look:Don Failla: Sales ExpertThe 45 Second Presentation is one of the more popular books in his stable, and is all about quickly and easily explaining what could be a difficult concept. Many networkers struggle to accurately convey what they are marketing, and Don's material address these issues.What it doesn't address is another critical piece of the puzzle - lead generation. Most "old school" networkers still teach the friends and family approach to business building. Not much is mentioned about online recruiting methods that work well in this day and age (even better than "belly to belly" marketing). While prospecting, presenting, and closing are all critical pieces to the puzzle, you must have someone to prospect, present, and close! Otherwise, you're just sitting around with nothing to do.The material will absolutely help someone with their verbal communication skills, and in assisting them in overcoming skepticism's and objections that are common in the industry. It won't teach you how to build online systems that work 24/7 to bring people to you, who are looking for what you have. That is just as important as anything else in a successful network marketing campaign. We highly recommend investing in learning both verbal and online marketing methods to succeed.
2013年3月10日星期日
How Does the Current Economic Melt Down Impact Joe the Plumber?
You do not need to stop in on my blog to realize that the American Economy is in meltdown mode! It looks like all the king's horses and all the king's men are having a tough time putting Humpty Dumpty back together again. Corporations are in foreclosure and everyday there is a new company or storefront that has closed their doors. Lay-offs are on the rise. Times are tough. So what does that mean to former presidential hopeful John McCain's friend Joe the Plumber? How is the average Joe holding up and what are his options for the future?Well it depends on Joe's mindset. In his book "Think and Grow Rich" Napoleon Hill documents several department stores that burned down on a city street in 1877 in New York City. Certainly that was a time of economic meltdown for those stores and the average guys that were employed in those stores. Most of the owners of those establishments counted their losses and vanished into anonymity never to impact the American economy again. They took the disaster as the end of the road. They saw no way to resurrect prosperity out of ruins. Only one had the mindset to re-build his department store and reclaim his economic future. Marshall C. Fields rebuilt his department store on the same street corner where it had burned down. The store thrived for another century across America.The point is that if Joe thinks he is defeated he is. If he thinks that the current economic meltdown is the end of the prosperous road for him, then it is. If the average Joe thinks the road ahead will be plagued with financial lack and despair then that is where the road will take him. There is another option for Joe. He can discern the times and the marketplace trends in the world today and rebuild a prosperous future for himself and his family. In short he can refuse to participate in the recession.If Joe is smart he will discern that never before in history have there been more economic possibilities for the average citizen. Yes the big guys are breaking down and going bankrupt. But today Joe has options. Today the little guy can network with his friends and family and create a dynasty of wealth. The internet has opened up all sorts of possibilities to create a thriving business; in some cases there is little start-up cost involved. Joe must scrutinize the economic trends to understand that these are the worst of times, but they are also absolutely the best of times for the average and ordinary American to create an extraordinary financial future. Bottom line Joe, do not look back. Look up Joe. There is nothing but economic possibility on the road ahead! Seize the moment; optimize the trends and move beyond your losses to a new life and economic destiny.
2013年2月11日星期一
Is Cal Nutrasciences a Legit Or Bad Opportunity?
Cal Nutrasciences is a excellent network marketing opportunity. Cal Nutrasciences' focus is weight loss science. It's one of the fastest growing companies in the world, profiting well over $82 million dollars in the last 12 months.Cal Nutrasciences has a very big name weight loss community, also by one of the top scientists by the name of Ray Grim. Mr. Grim has created a weight loss cheat that is changing the way people lose weight.The cheat is nothing more than a substance that you sprinkle on your food that is an additive; it is clinically proven to reduce the amount of calories your body in take by 25%. Most importantly, its FDA-approved so it is highly safe. The cheat will not change the taste of the food nor does it have any side effects.There are numerous people that are overweight in the world. These people can be your neighbors,co-workers, friends, and family. These are people you basically see on a daily basis. So if your looking at Cal Nutrasciences as a company to join, it is a perfect company with lots of money to be made.Now the only problem I have is the way your distributors in Cal Nutrasciences market your business. If you have not heard, 95% of network marketers will fail. Sorry to bust your bubble, but some of you probably failed already. So it is time for you to either stop failing network marketing or if you are a newcomer, prevent yourself from failing.However, there are ways in which you can change your Cal Nutrasciences business for the better. Leveraging the internet is the best way to build a MLM business today. I used old school tactics like calling the warm market, cold calling, buying leads, and prospecting in shopping malls.My results of the old school tactics was 10 sign ups in 3 months, however, all 10 dropped out of my downline and I felt like it was the end of the world. I thought my network marketing life was over. I was hurt because I knew this MLM deal could work for me only if I could find a more effective strategy to approach this network marketing business.So I went home and did some research on how to better my business; I ran into attraction marketing. This concept of marketing changed my life and network marketing business forever. As I position myself as a leader, I became a force in this industry that was not looking back. I became the hunted and not the hunter. People in attraction marketing believe that you should not have to hassle your friends and family. They believe you will get totally rejected by your warm market who have a employer's mindset anyway.With internet marketing, you will be put in the company of network marketers who already know what network marketing is. They know how this business works and not some jerk who thinks MLM company is a scam or pyramid.Oh, did I forget to mention that your business will be running on 24/7 auto pilot. I can't explain of how online attraction marketing positively changed my business and financial side of my life forever.
2013年2月6日星期三
You Can Make Money Working From Home
Working from home is a mayor trend with more and more people choosing to stay at home after finding a good online job. Today many people from around the world are making a good income by staying at home and managing their own working hours using the internet as a powerful tool that frees them from the traditional nine to five job. A long stressful commute is no longer necessary when you find a good online job that provides a reliable source of income from home. Today a growing number of people are finding the advantages of an online job.With a legitimate online job opportunity the stay at home dream work is very possible. We are now in the midst of the digital age and the internet has made it possible to everybody that wants to work online to find a way to stay at home, make a good income and save money at the same time. An online job does not have to be stressful like the usual office or factory work where the working schedules are rigid and sometimes inhumane. The internet has brought the ultimate world connectivity tool for everybody to participate and make money online.A person living anywhere in the planet can now be working online for a company located abroad just by using the internet as the instrument of work. No longer the physical presence of that person is required to do tasks that can be completed online from anywhere an internet connection is available at any time. This is one of the biggest benefits of the digital online era we are living in right now. A good internet job is no longer a dream, now it is possible to make good money working from home.
2013年1月6日星期日
Forever Living Review - Is the Forever Living Opportunity the Right Fit For Your Home Business?
OverviewForever Living was started in 1978. They are doing business in over 140 countries. But their main offices are in Scottsdale, Arizona. They are the largest manufacturer of Aloe Vera. They sell Aloe Vera drinks, Aloe Vera skin care products and cosmetics, nutritional supplements, and bee hive products.So I'm going to get to the point and talk about Forever Living business opportunity. My goal is to cover such details as the expenses, compensation plan, and training involved so that you can decide if it's worth your time to commit to being a Forever Living distributor.What Are The Expenses?In order to become a Forever Living distributor, you must submit a distributor application. It can be filled out online or on a paper. There is no fee associated with the distributor application. The only expenses you can incur are the following:1. Of course you have to order products to sell them in person if you want. And if you do order there is a minimum of $50 per order. 2. Also, if you want to sell your products online, you can get a pre-built web site from Forever Living. This web site can be maintained within an online tool called My FLP Biz and it will cost $19.95 per month or you can pay an up front fee for the year of $199.95 which is around a $39 savings compared to paying the monthly fee for 12 months.Choices 1 and 2 above are optional. But of course you have to pick at least one option to start selling your products. That decision is up to you if you decide to join the Forever Living business opportunity.Also it's known that Forever Living sometimes offers promotions on their online tool called My FLP Biz. I actually called up their support line and they were offering 50 days for free. Now with My FLP Biz, you can customize your web site with your name, pictures, and even add video so you can personally brand yourself. My FLP Biz does more than just allow you to customize your pre-built web site. It is an address book, calendar, report generator, and a management tool. You can see such stats are you sales, your team's sales, and the number of distributors on your team.The Forever Living Compensation Plan Forever living distributors earn a 43% retail profit. For example you can buy a product at wholesale for $100 and sell it at retail for $143. Your profit is $43 which is 43% of the $100 you paid for the product. ($100 multiplied by 43% = $43)Also, if you're a sponsor you can also earn money off of your distributors' product purchases. For example, for every $100 your distributors spend to purchase products, you will earn $17.With your personal sales you can earn between 5% to 18% in bonuses. Each month you will receive a bonus that is based on the retail value of all the product purchases you made in your own name.There is also a group volume bonus that you can qualify for. When you get to the Supervisor Level, you receive between a 3% to 13% bonus. This bonus is determined by the total retail value of products purchased by your team, which are the distributors you've recruited.Forever Living measures distributor's achievements using something called case credits otherwise known as cc's. Every Forever Living product has a case credit value assigned to it. In order to get to a certain distributor level you need to earn a certain number of case credits in a calendar month or 2 consecutive months. You earn case credits based on your personal sales and you also get case credits for your team's sales too. And an advantage with this plan is that once you reach a certain distributor level, you can't revert back to a lower level. You don't have to worry about maintaining volume in order to maintain your distributor level. Also, it's known that 1 case credit (cc) is equal to $132 wholesale price. Below is information telling you the number of case credits (cc) you need to achieve to get to a certain distributor level:Assistant Supervisor: 2cc43% Retail Profit5% bonus on Personal Retail SalesSponsor & build downlineSupervisor: 25cc43% Retail Profit8% bonus on Personal Retail Sales3% on Asst. Supervisor Group Retail SalesAssistant Manager: 75cc43% Retail Profit13% bonus on Personal Retail Sales5% bonus on Supervisor Group Retail Sales8% bonus on Asst. Supervisor Group Retail SalesManager: 120cc43% Retail Profit18% bonus on Personal Retail Sales5% bonus on Asst. Manager Group Retail Sales10% bonus on Supervisor Group Retail Sales13% bonus on Asst. Supervisor Group Retail SalesThere are many other bonuses that you can qualify for. The bonuses all depend on your sales performance, your team's sales performance, and you and your team's ability to recruit and train people to become successful. So this means it's up to make sure you learn the business so that you can develop a training program that duplicates success. If this training program duplicates success then you and the people below you will succeed. And we all know that the majority of the income generated by a sponsor in an MLM business is through the performance of his or her team.Training Forever Living training is more than efficient to help you learn the business and market the product. Your sponsor will give you personalized training when needed. Also, they have a web site called Forever Online Training that has many resources of information included written documentation and tutorial videos all on how to develop yourself as a Forever Living distributor. I was impressed with the abundant amount of documentation within their back office. If you're not sure if you want commit to the Forever Living business opportunity, please make sure to look at this back office called Forever Online Training. It's very important in whatever business you choose that you find the opportunity that is going to offer you great resources so that you can run an efficient business.Also, a forever business academy is available at local or regional levels. Distributors have the option to attend these in person training seminars.ConclusionForever Living is a well established business that provides high quality health products. They take pride in developing natural products to help with their customer's health and beauty. Forever Living is definitely not a scam.They offer an abundant number of training avenues through their personalized training and through their videos and written documents on their web site. I was impressed by how easy it was to find their compensation plan details within their US based web site. It is usually very hard to find the compensation plan of any company, but Forever Living was one of few companies that made it easy for potential prospects to learn about the compensation plan by openly providing the details on their web site. If you are a person that likes to analyze details before committing, Forever Online Training web site provides lots of information and even provides video explaining the compensation plan details of their business opportunity. If you are thinking about joining any opportunity make sure you have a good understand of the business. It's a good sign when a business offers valuable resources to answer people's questions. And Forever Living does a good job answering questions their prospects may have.
2012年12月24日星期一
Writing Your Business Plan - What Goes in a Great Business Plan?
Writing "The" Business PlanWhat goes in it? No one business plan is truly better than another, although there is general agreement in the industry about what makes a business plan easier to read, therefore easier to defend. Here are my thoughts on an effective business plan.1. A Business Plan includes these - list each section in your table of contents1a. A Description of your business - Please use your words effectively. There is nothing worse than 150 pages of fluff and 5 pages of real content. The method of if you can't dazzle them with brilliance, baffle them with B/S does not work here. You are not talking to stupid people when it comes to business plans. Never assume they can be fooled. You aren't that smart. Nobody is.1b. Marketing - The methods you intend to use or already are using and what has worked well in the past (proven results are ALWAYS a win-win). Online research is perfect for this!1c. Competition - Who is YOUR competition and how are you going to manage to take a significant portion of the market share of your niche? Grandstanding is not allowed. Don't boast about anything here other than PROVEN results. If you do then you risk losing respect and end up looking like an... dummy opportunist.1d. Operating procedures - What type of an office do you intend to operate, and how will you operate it? Do you have office space or are you looking for something to rent/buy?. If you are looking then when you go out take your camera and have 3-4 sites documented - with address and map information (PowerPoint presentations have excellent formats to create this type of document-with eye appeal). Will you use an answering service or a receptionist?...1e. Personnel - You don't need a list of everyone down to the janitor (unless you are creating a business plan for a janitorial service), but you will need a list and resume of the main corporate structure beginning with the president down to the secretary, a listing of a board of directors if you have one (3-5 is a good amount to begin with). List your advisors here too, like your CPA, Business Advisor, attorney, and other professionals that you use regularly - they may be your Board of Directors.1f. Business insurance - As a bookkeeper I carry a 2 million insurance bond on myself. That is a lot, but I would include my insurance paperwork in this section to prove my integrity.2. All of your financial Data - also listed in your table of contents2a. Loan applications - any paperwork that you prepared for a loan and if you are asking a partner or friend, stop by a bank and get a copy of their loan request documents and use those for yourself. You'll look like a pro if you do!2b. Capital equipment and supply list - from the supplies on the desk to the desk itself - get an office supply catalog if you aren't sure so that you do not leave things out that might add up to unexpected costs down the road.2c. Balance sheet - If you don't know how to make one, ask a professional or create one from the numerous examples online, or go to your small business administration and ask them. They have mentors there who will sit down with you and review your business plan with you to see how it can be more effective - usually retired professionals with a lot of business savvy.2d. Breakeven analysis - See 'Balance Sheet.'2e. Pro-forma income projections (profit & loss statements) - See 'Balance Sheet'2f. Three-year summary - Do each year separately and do a summary of years 1-3 combined also, so that you have year by year comparisons and a total column too.2g. A first year detail by the month (day 1 through 30)2h. Detail by quarters, Quarter 1, 2, 3, 4 for your first year, second and third year.2i. List the assumptions that your projections are based on - example: additional staff decisions are based on growth projections of 20% per month for the first 8 months in year one...2j. Pro-forma cash flow - See 'Balance Sheet'3. Any and All remaining Supporting Documents - List in your table of contents3a. Tax returns of principals for last three years Personal financial statement (you can pick these form up at most all banks). Even though it seems like it is none of anyone's business these are relevant to a bank or loaning institution so that they can see your history and how you operate (or don't operate).3b. For any franchised businesses, a copy of your franchise contract and all the supporting documents provided by the franchise operator.3c. A copy of your proposed lease or purchase agreement for building or rental space.3d. A copy of any licenses you may have acquired for your business and any other legal documents you may have.3e. A copy of the resumes of all the principals - people you consider to be your main people you are putting in the top company positions.3f. Copies of letters of intent from suppliers, etc. - those that will buy from you if you go into business (can also be considered a list of potential customers who signed a document to do business with you.3g. A well executed exit strategy is worth its weight in gold for paying back a loan, or money to an investor (if you are asking for private funds). Don't forget to write this out and include it in your business plan as well (also in your table of contents).
2012年11月21日星期三
Is Genesis Pure Or a Pure Fraud?
Genesis Pure is a new nutritional and juice company that allow you to market and sell it to make some money. The benefits of the product is to provide and energy and cleanse product.The GoodThis company is riding many other companies' coat tails in delivering the same types of products as the others in this industry. They are also big into philanthropy, but if you are trying to make money, it may become difficult for you to share what you do not have. Kudos on the company for giving to those who need. I liked the fact that this company will allow you to take the product into retail locations, but I also saw where you may not have as good of a profit margin if you do.The BadOn this company, since they are still so new onto the scene, track record and does the product work going to show pure results. Now, I could not find a return policy on the products, so if a customer does not get results, what can they do? I, also, dug into information on the marketing plans, and they want to get you to push people into a hype call. I will say that this is a turn off to me, because if you need to hype, then you truly wonder about the products. They also appear to promote friends and family.ConclusionIf you truly decide this company is for you, make sure you get the results from the product. Make sure it meets a specific need and then find the people that would have the same symptoms and market the product to them. You should and I would recommend that you set up different campaigns. Not everyone needs to lose weight, not everyone needs energy. Focus and scope your marketing. Most people that will make money with this company will need to understand how to truly market. Do not look for others in the company to show you, you need to know. If you have a marketing background, and I do not mean with another network marketing company, then you will do well.Now, if you do not, invest in training, search the internet for people that are willing to train you and understand what you need for this company. You can make some good money with this company on internet marketing, if you stay focused. Not everyone wears a size extra large, fit it for your clients' needs. Also, find out if the company has a return policy. If they do, use it to your advantage. Get people to try the product, and if it does not show results they can return it. Most companies do. Make sure your customers know what the return policy is with your business.
Earn Extra Cash Online With Free Advertising
Article marketing is one the most effective and underrated methods of free advertising. This method involves writing articles, preferably dealing with subjects that are similar to your business interests, and submitting them to article directories. The best article indexes are highly visible and have a large number of visitors that are searching their site for articles. When a visitor reads your article, they may be inclined to click on a URL and visit your website. The more articles that you can produce and submit to the article directories, the number of potential visitors to your site increases exponentially.There has been an explosion of free classified sites on the Internet. Free online classifieds are an effective and efficient way to promote and advertise your business. These sites have a tremendous amount of traffic. People can search them by subject, location, and price, which provides targeted traffic to your advertisement. As more people migrate to the Internet, free online classifieds will continue to increase in popularity and importance.One the newest, most valuable ways of earning extra cash online involves using social networking sites to promote your business. There has been a proliferation of social networks, some with millions of users. These sites represent one the most useful collections of demographic data ever created. As a result, business owners who learn how to harness this information will be in a solid position to advance their business interests. Direct advertising entails promoting and advertising amongst your network of friends, while indirect advertising allows you to create a page or form a group that interested parties can join. Most web analysts predict an explosion in social networking that will revolutionize the way businesses market and promote their goods and services.While there are other forms of free and inexpensive online advertising, even fledgling business operators can utilize these three methods. Although these advertising methods may require some considerable legwork, there are a large number of service providers that can assist you in implementing these strategies. If business owners can effectively utilize these tactics, there businesses will have increased visibility, higher traffic, and improved profit margins.
2012年11月19日星期一
Regeneration USA - An MLM Review
Evidently, Regeneration USA is right in assuming that aging and the surplus of effects it has on the human body and mind have become issues with which everybody becomes uneasy about once beyond their teen years. It is everyday knowledge that leading a wholesome and active lifestyle can alleviate these effects on the body, however direct that to a middle aged person working just about all day, and attempting to spend the remainder of the day with their family. One can't refrain from eating junk food, partaking in sport or physical activity, even getting a decent night sleep. That's how various companies have come forth with the concept that health and youth can be fooled into not departing the body by eating this or that product. Regeneration USA takes this one step further, saying that they can even be regenerated.With a great logo and an accurate name, the company seems credible enough to actually have a opportunity to be successful. Launched in 2009, Regeneration USA has its headquarters in New Jersey. However a solid concept and witty publicity aren't going to be one thing that is vital in order to become lucrative.An veteran and effective management team is critical for a infantile MLM company such as Regeneration USA. Focusing on their manager board, we find Justin B. Chernalis, the company's founder, young and lacking significant qualifications in the network marketing field. However, his assistants seem to be experienced adequately for their positions. Thus, Jeffrey A Rapaport, MD, is listed as "Best Doctor" by the New York Magazine, as Heidi Regenass, MD, expert in nutrition, health, exercise, and beauty is the writer of the "Anti Aging Cook-book". Even if his assistants give the impression of being more experienced than him, Justin B. Chernalis can have come up with a innovative concept, and this fact alone could be adequate to compensate for his want of experience.This idea lies in the shape of Regeneration USA's central product: Anti-Aging Whole Food bars. It presents a beneficial choice to other nutritional supplements sold as healthy beverages, because these nutritional bars can be eaten while working, driving or whatever activity one can't discontinue doing at a given time. Other products sold by the company are Jiaogulan tea called Tea of Life, and RAM500, anti-aging capsules for the human cells composed from an assortment of plant extracts. They also plan on growing their line of products by offering skin care products somewhere in the future. This gives the impression of a well built basis for a good business, although let's take a complete peek at what the company has to offer their customers.Regeneration USA's compensation plan is established on a binary system, with a 10% bonus for the lesser leg. There's 6 accessible levels, the highest being Diamond, and 6 distinct ways of payment. These may be monthly payments, resembling the Profit Sharing Commissions, weekly payments, like the Fast Start Bonuses, the Team Commissions, the Executive Matching Commissions, or the Builder Bonus Commissions, and daily payments similar to the Retail Direct Profits. The compensation plan is a easy one, and it only needs an veteran marketing entrepreneur in order to be lucrative. However what about the green people wanting to join Regeneration USA?The company does not present any kind of training at all, so anybody who is new to network marketing has to look for it in another place. This is a pity, but not infrequent inside the MLM field. It often occurs that a promising marketer quits after spamming his family and acquaintances.
2012年11月6日星期二
Network Marketing and the 21st Century
The dynamic of MLM/Network Marketing has changed in the past few years. In the past network marketing was untargeted calls and home seminars to groups of friends, co-workers, and family; many of which may not be interested in network marketing or home based businesses. The new network is targeted at those actively seeking your system, or at the very least a money making system to become a masters of their own destiny.5-10 years in the "Old Network", you would have to seek out and meet with family, friends, and any one else that got "dragged" to your meetings or into your conference calls. You'd have your friends and family worried that every phone call or contact from you was going to include an advertisement of some sort. This kind of constant pushing on friends and family can harm relationships with those who you are close to. The old style of marketing also takes a lot of footwork and time, meetings, brochures etc usually take 2 years for the ball to get rolling, and 5-10 years to start seeing "good" money. This also usually requires a good network of friends and family. If you figure even a high percentage or 5%-10% conversion rate you'd need to talk to 20-40 people just to get the average of 2 people in your down-line.The modern era has brought us a huge network of millions looking for network marketing opportunities and home based business opportunities. Daily hundreds of thousands of people are searching for a way that they can step away from their jobs, and create a successful business from their home. They are searching the internet for answers to their financial woes and their dissatisfaction with their current jobs. These people are at your fingertips, you don't need to leave your doorstep to get in contact with them. Where it may take a year or two to get in contact with 40 people the face to face way, with the internet you can reach 40 people in just a few hours. The best part is that you don't' need to spend time with people who aren't interested, they can just move on. This leaves you to focus on your current down-line as well as spending more time on those who are interested.The other advantage of going online, your work is permanent. Once you set up your web page, video, or social networking page, it is there attracting new leads every day, without ever stopping. When you spend 1-2 hours doing a business presentation and the people in attendance stand up and leave you get to do it all over for the next group next week. This is great in 2 ways, once you've become established with one opportunity and you've tweaked your program for maximum conversions and visibility, you can move on to another business while this one runs itself. The online technique lends it self very well to generating multiple income streams.Follow me for more installments where I will focus on different areas of the internet to use. We will cover YouTube, Google AdWords, Twitter, and a lot more.
2012年11月4日星期日
Is Global Resorts Network Worth It?
A plethora of MLM companies, many of them giants in the business world, have been fighting for pole position for so many years already. One of these companies is called the Global Resorts Network, a networking company that offers high-end vacations for an amazingly low price. With many individuals always looking forward to a week long vacation, this is a unique and effective means to grow an MLM business.Global Resorts Network has been around for 20 years already, which is a testament to its success and longevity as one of the shakers and movers in the business world.Does the company's business model work? Is this company capable of catapulting you to financial freedom with gossamer wings? Well, that's a tricky question, since it will depend on a lot of factors.Let's break it down detail by detail to make it easier for you to decide.First, you have to purchase a membership fee to become an associate of GRN. The two types of membership are as follows:1. Platinum Membership - lifetime membership for $2,9952. Gold Membership - 3-year membership for $1,495Once you've become a member, an unlimited amount of travel discounts will be made available to you. Considering that a week long vacation can cost less than $700, compounded by the fact that you can take as many trips as you like, you obviously have the better part of the bargain.As an associate, you can sell the same membership to friends, colleagues, relatives, and just about anyone you know who loves to travel. Selling one membership automatically provides you $1,000 worth of commission. On top of that, you also earn a residual commission from your downlines to each of their sales. Since people are always looking for cheap travel packages, the potential to earn high income is always there.The only problem I have is that there's a potential for the quality to suffer as the amount of members increase. This is what usually happens with MLM companies that offer services. I am not saying that it's going to happen, but you would do well to consider this possibility before you take the plunge.What sets GRN apart from other MLM companies is that it uses a funded proposal system called Reverse Funnel System (RFN). Just in case you don't know what it's for, a funded proposal is a training system that prospective leads can buy at a low-cost. This helps the GRN associate in terms of attraction marketing, and is instrumental in capturing information from prospective leads. Once you have collected data from these leads, they are automatically considered targeted leads.While the RFN is an impressive online tool, it is also the same thing that made me feel dubious about the business. Just getting a good database can cost you approximately $3,000, not to mention that you have to spend over $300 every month for the marketing and training costs.However, if you have the extensive knowledge to maximize the results of the RFN, this might be a great business model for you. A slew of information on how to generate leads can be found all over the internet as well. Just like any MLM business, you can always start with what you have. The GRN might not be the perfect business opportunity for everyone, but it just might be perfect for you.
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