Why You Need To Read The Policies And Procedures Before
Why You Need To Read The Policies And Procedures Before You Sign Up
You have decided that you want to build an MLM business. You were talking to your friend Joe and he told you about the best network marketing company and how he was going to retire in a few years with financial freedom for the rest of his life. This is just what you have been dreaming of and you just signed up!
When you begin to build a MLM business you have chosen to agree to some company’s contract. A lot of people don’t realize that but it is true 100 of the time.
You may not have signed on the dotted line but you checked a box saying you read and agree to the Policies Procedures. That is required before you can begin marketing any MLM product. So what I would ask you is … did you actually read the Policies and Procedures? Most people don’t. The PP is the legal contract between you and the network marketing company.
Do you have a clue what you have agreed to? You might be surprised. Heck you might be absolutely shocked. It’s fairly standard for a company to insert one or more clauses making it clear that you the rep may be terminated at any time for any reason with 30 days’ notice. And it is done by companies on a regular basis. They wait until you have built an income and then they terminate you. Who do you think gets your stream of income? Remember this contract was written by company lawyers. Your company probably will not terminate you to steal your check unless they get themselves in financial trouble but it happens.. If you want a solid foundation for yourself and your family and your team then you definitely want a contract that can’t kick the legs out from under you.
It’s important to really target the exact people who will build your network marketing business. You have a lot of markets to choose from. Pro mailers have learned the best ways to target the best prospects to mail to. And in that business it is very very expensive to make a mistake when you mail. Successful mailers say that what makes money isn’t the mailing piece they send out it is the names on the list they mail to. You’ll probably think this is weird but the top criteria to be able to predict whether a person will buy is has this person bought the same thing before? Sounds like it couldn’t possibly be right but it is the truth. Mail order dealers who know what they’re doing mail exclusively to people who have already bought the exact same thing or something very similar. Why does that work? Because this is a prospect who has stood up as a person interested in exactly what you are selling. So your best MLM prospects are NOT the general public. Your top prospects are frustrated network marketers still searching for the opportunity that will give them the success they want.
Michael Dlouhy’s network marketing ebook “Success In 10 Steps” has been on the market several years now. The ideas above and many others come from this book. For example so many people get into network marketing and dedicate themselves to becoming experts on their company’s products. Many companies actually encourage this with “product education” training. But the fact is that education is not going to help you build your business at all. Network marketing is a business that requires you to build relationships with people. You’re far better off learning about people and how to connect with them emotionally. If you learn about product then you will have to become a salesperson to convince someone your product is better than others. But if you can build relationships they will join you because they trust you. You get a stepbystep plan on how to do just that in the book.
You can get a free copy of the classic “Success in 10 Steps” ebook at http://michaeldlouhy.net website.
About the writer: Susan CarterJoyce is a partner in WEEOLLC and full time professional network marketer. WEEO mentors and coaches others to success in their own internet marketing businesses.
Why Network Marketing? Can Network Marketing Replace Your Job?
Why Network Marketing? Can Network Marketing Replace Your Job?
Many of you who hear the word network marketing react with negativity. Maybe you’ve been burned in the past or scammed by abusers of the network marketing business. Sure there are plenty of con artists and pyramid schemes out there but that doesn’t mean there aren’t many if not more legitimate network marketing businesses and marketers out there as well. In fact successful network marketing businesses are in the majority.
Network marketing has been one of the fastest growing business models in the past few decades growing at over 7 per year far greater than the rate of the economy. By definition multi level marketing is a business model that combines direct marketing with franchising. MLM businesses function by enrolling distributors to sell their products or services and meanwhile earn additional income based on the sales of people they enroll into the organization as well their “downline”.
More than half of the adult US population has at some time in their lives purchased products or services from a network marketing representative and will continue to do so.
In an interview with financial and business expert Robert Kiyosaki about network marketing he reveals why he believes network marketing is a very viable strong business model. He points out that the world is changing and there are good reasons why network marketing will emerge as one of the top of the business models of our future.
- People want more freedom and choices to control their lives and their time. People want to think for themselves.
- Most people hate their traditional jobs. They are tired of being “bullied” around by their bosses and crammed into little cubicles all day. They are tired of being told what to do when to do it and where to do it. They are tired of having to ask permission for every little thing they do! They are fed up with being told when they will have lunch when they can take a vacation and how much money they will make regardless of how hard they work.
- Job security is a joke! If a company is in trouble they either downsize or sell out to another bigger company. And we all know that counting on the government for our financial security is foolish at best.
- For the average person network marketing offers the opportunity to take control of your life and think for yourself. It offers choices which is freedom. Network marketing levels the playing field if you perform you get paid if you don’t perform you don’t get paid. In network marketing you are encouraged to get better at what you do.
So why doesn’t everyone get into a network marketing business? One word: FEAR. People fear the unknown so they ask for someone else’s opinion someone who is equally afraid of this nontraditional business. They get talked into playing it safe and decide to keep their “job security” which we’ve already established doesn’t exist. The more security you need the less freedom you have the more needy you are and the weaker you are.
Today is about being stronger and smarter. Network marketing offers you the chance to build selfconfidence and become stronger. One of the best things about network marketing is that it offers mentorship and training and those that are smart get the education they need to succeed in their network marketing business. The difference between job security and financial freedom is not being told what to do!
So “why network marketing”? Because it offers you the chance to take care of your financial future. You can take responsibility for your finances or take orders the rest of your life. The choice is yours.
About the writer:nbsp;nbsp;Lynn McArthur is a network marketing business consultant. After struggling in her initial attempts at growing a business she finally discovered the secrets to MLM success. Grab a copy of her Free report at Network Marketing
lynnmcarthur1comcast.net
Copyright 2008 MyMLMDownlineSecrets.com All Rights Reserved
Why MLM Sales Matter To Your Success?
Why MLM Sales Matter To Your Success?
Many marketers involved in an MLM opportunity make the big mistake of discounting the value of customers to their business and instead concentrate 100 on amassing a huge downline. This tactic besides bringing a bad name to the whole industry can hurt the distributors who practice it both short and longterm in their efforts to succeed. If you incorporate product sales to you business model there are a lot of advantages that a customer base can bring.
It’s easier to sell the product than the opportunity.
100 of the people are buying products while only a small percentage may be interested in starting their own business. Those who say otherwise probably never tried to sell one.
You have less competition.
Since most distributors are putting almost a 100 of their effort into recruiting new members into their organization forgetting about the sales practically you won’t have any competition when you try to push the product.
It brings more stability to your income.
These days with all those opportunity seekers hopping from one opportunity to another chasing the next big thing to try to build an organization is like trying to fill a bucket full of holes. On the other hand it’s easier to acquire loyal customers despite the big number of products that are chasing his wallet than to retain a distributor. What’s more it’s even easier to build a stream of traffic on the web that you can convert to sales without worrying to much about the performance of your downline.
It gives you credibility.
Imagine someone trying to persuade you to join his business opportunity promising you that he would help you to make money and become financially free and all you have to do is to let him teach you. Yet he doesn’t still make a dime from his business. Would you let him teach you how to become successful like him?
It helps you to recruit more people.
Imagine two people trying to recruit you and while the first one still struggles without making any profit the second one has a nice income coming from his business to show off. Whom you would choose? If you only concentrate on getting distributors you can run into a paradox. If you have no downline you make no money and if you make no money no one would join under you. They only way to get out of it is by selling products.
You can better help those you sponsor.
Since you already make money from customers you can teach those you sponsor how to do so helping them getting quicker into profits which leads to..
Your downline gets motivated.
Bringing your first dollar home is the turning point where your business gets into a self sustained motion and growth. The feeling you get from your small victory motivates you to work harder and as a result you become more successful and more motivated to keep on moving forward.
Less distributors would quit.
When you have motivated people in your downline that are making a profit the number of those who quit gets smaller. You no longer have to fight the attrition that is associated with the MLM industry. And finally..
You make more money.
What’s better? 1000 distributors in your organization which are struggling to make a profit bringing you 10 each every month while you put most of your energy in trying to prevent them from quiting or 100 hard working self motivated ones bringing you 1000 each? Having a big downline with hundreds of distributors is no guarantee that you would make a lot of money. A smaller but more efficient team who knows what is doing is a better guarantee and can bring you more money while you won’t have to worry for any dropouts.
About the writer: Chris Kosman writes about network marketing in his MLM Blog with the mission to help distributors succeed in building their home based business.