Showing posts with label picking a mlm. Show all posts
Showing posts with label picking a mlm. Show all posts
Wednesday, March 31, 2010
Why do 98% of network marketers not make any money!? The Network!
OK Networkers time to elaborate on The Network side of net work marketing! So lets take your product... mine is travel.... write down everyone you know that likes to travel put them on your list of names first and foremost. Show them your products and how they would save buy using them! Easy right you would think so but here is the catch the people that your marketing to! Do they trust you? Do the even like you? you see people buy from people they like and trust so its vary important to build that trust and like along with the marketing that your are doing this is why in every network marketing company they tell you to make a list of names! Now in my experience its really important to have a relation ship with your list before you start asking them to buy unless they already buy what it is your selling then you can mention the fact that you might be able to save them money on the things they are buying.. you see people you always looking for a great deal if you can give them that then you on you way to making some money... That is the old school way and don't get me wrong it works but only some of the time. Now for the new school way the Internet and using it to market you and your products! OK so again we will use the product i sell travel where do people look for travel deals? Find a place where you would look for great travel deals and post a ADD there.. ether a pay add or article or what ever you choose make it not to sale'sie no one likes to be sold!! So its that simple know your market give your market what they want..... hope this helps!
Tuesday, March 2, 2010
How to pick your mlm like the pros!
People often want to know what a good MLM consist of and how to pic out a good company vs a not so good one!
This is probably one of the most debated things in mlm everyone out there says that there company is the best or that it has the best comp plan or something along that line. Well i ask you this if everyone is saying there company is the best or there company is the the best how can you decide what one is right for you?
Ill give you a few guides that you can use when picking a mlm that are simple and easy to use!
#1 thing to look at- the products it seams so simple but the products a company offers has a lot to do with the success of the company and have a direct effect on you as a rep or distributor or what ever you title is. So take a close look at the products your offering would you use them, how many other people do you know would use them, what is the over all market of your products and what is the size of the industry, and what is the composition in that market?
#2 Leaders- this is also a huge thing when considering a company look at the founder or founders what kind of credentials do they have? Dose your company have a main office, this is also big deal it give people a tangible when looking at a company. Look at every really big company out there they all have offices or headquarters.
# 3 The stage of growth of the company, Ever company go's threw 4 stages of growth Formulation,Concentration,Momentum, and Stability! Formulation is the most risky to join this 98% of all network marketing company fail in this stage, how ever there is also a huge potential to make money in this stage as well. Concentration any company in concentration has made 50 million in sales in a given year, this is also a great time to make money because not many people know about the company and unlike formulation the risk is a lot less 90% of company that are in formulation make it to stability! Momentum this is where the money is really made, how ever if you get in a company that is already in momentum the gains will not always be as good as if you became a part in the 2 stages before this stage. Last but not least Stability Its is a company that has been around and has made a name for them self I.E. Amway, Mary Kay, So forth this is the least amount of risk when you join a company in this stage but there is much less opportunity to make more, because everyone has herd of the company and most people have ether found a distributor to buy products from or have been in the company.
#4 Comp Plan! Here is where the rubber meets the road! There are so many comp plans I don't even want to was you time by going over them all, Just know this you want a comp plan with no retractions, you see some comp plans only pay out so much or go so deep or wide before you a punished for growing it to big so make sure you understand what your comp plan entails is there a restriction on how much you can make, what kind of bonus's are there I.E. Car bonus, house bonus, bonus for building a team and so forth!
#5 the tip of tools the company offers you, I.E. websites, Lead generation, training calls and so forth!
To see a company i fee meet all the criteria i put forth! "MY RECOMMENDATION"
This is probably one of the most debated things in mlm everyone out there says that there company is the best or that it has the best comp plan or something along that line. Well i ask you this if everyone is saying there company is the best or there company is the the best how can you decide what one is right for you?
Ill give you a few guides that you can use when picking a mlm that are simple and easy to use!
#1 thing to look at- the products it seams so simple but the products a company offers has a lot to do with the success of the company and have a direct effect on you as a rep or distributor or what ever you title is. So take a close look at the products your offering would you use them, how many other people do you know would use them, what is the over all market of your products and what is the size of the industry, and what is the composition in that market?
#2 Leaders- this is also a huge thing when considering a company look at the founder or founders what kind of credentials do they have? Dose your company have a main office, this is also big deal it give people a tangible when looking at a company. Look at every really big company out there they all have offices or headquarters.
# 3 The stage of growth of the company, Ever company go's threw 4 stages of growth Formulation,Concentration,Momentum, and Stability! Formulation is the most risky to join this 98% of all network marketing company fail in this stage, how ever there is also a huge potential to make money in this stage as well. Concentration any company in concentration has made 50 million in sales in a given year, this is also a great time to make money because not many people know about the company and unlike formulation the risk is a lot less 90% of company that are in formulation make it to stability! Momentum this is where the money is really made, how ever if you get in a company that is already in momentum the gains will not always be as good as if you became a part in the 2 stages before this stage. Last but not least Stability Its is a company that has been around and has made a name for them self I.E. Amway, Mary Kay, So forth this is the least amount of risk when you join a company in this stage but there is much less opportunity to make more, because everyone has herd of the company and most people have ether found a distributor to buy products from or have been in the company.
#4 Comp Plan! Here is where the rubber meets the road! There are so many comp plans I don't even want to was you time by going over them all, Just know this you want a comp plan with no retractions, you see some comp plans only pay out so much or go so deep or wide before you a punished for growing it to big so make sure you understand what your comp plan entails is there a restriction on how much you can make, what kind of bonus's are there I.E. Car bonus, house bonus, bonus for building a team and so forth!
#5 the tip of tools the company offers you, I.E. websites, Lead generation, training calls and so forth!
To see a company i fee meet all the criteria i put forth! "MY RECOMMENDATION"
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