Posts tagged: MLM

Oct 28 2009

Personal Development in Network Marketing

One of the key weaknesses most beginner network marketers have is know how and sales skills. After all, many of them actually joined the industry because of the potential for growth and good income but not all of them have the experience in promoting, selling and networking that are critical to Mlm success. This is why it’s highly important that in choosing network marketing programs, you should zero in on the potential to get personal development training as well.
Getting the support you need
The best Mlm programs work because there is a clear structure and standard procedures maintained. These are implemented and followed by all business units, such as those built by a team leader and his/her downlines.
Without the necessary support, it’s very easy for individual differences and preferences to come in, thereby diluting the system and even corrupting it. This is how many of the wrong practices and faulty procedures seep into a network marketing business unnoticed. Before long, the business will begin to suffer from the lack of discipline and cooperation among members.
A strong network marketing company understands the need to maintain a set standard of work and performance quality among its team leaders and their downlines. Only then can the structure of the business be maintained and the quality of service assured to its customers.
So how do you find a network marketing program that can assure you of personal development? Here are some signs to look out for:
Well-organized marketing campaigns
The Mlm industry is a robust, multi-billion dollar industry. It has several major players and dozens of minor ones, each vying for a bigger segment of the market. Once you sign up for one program, know that what you’ll be up against are at least 5 or 10 others in the same field, whether it’s consumer goods, personal care or nutritionals.
If your Mlm program cares about the personal development of its members, they should be able to provide you with professional quality marketing materials. These should contain sufficient information to promote the products and/or services to help drum up interest in the business.
Training
A good Mlm company should be able to constantly provide training for their members. As mentioned earlier, most people join the industry with very little knowledge – all they truly have are good intentions. Your network marketing company should include affiliate seminars and training that is specifically geared towards improving the sales and marketing performance of all teams.
Community support
Another important clue to identifying a Mlm company that offers solid personal development is one where strong community support is present. With all the income that can be potentially generated in network marketing, it’s quite easy to turn greedy. However, if a network marketing company is well structured, it should be able to promote and nurture community support among its members.
Customer support
Customer support is not just a goal for personal development in network marketing, it’s also a strategy. It’s a known fact that good customer support does more for a business than anything else. Of course, when customers feel taken care of and valued, they are more likely to patronize your business.
Fair compensation plan
Nothing does more for personal development than a program that offers a fair yet well-paying compensation plan. In fact, this is one of the main reasons why people sign up for a particular program. When you are presented with a network marketing opportunity, always check to see how well structured the compensation plan is. This, among other factors, will help determine how well you will get rewarded for your efforts.

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Oct 14 2009

Personal Development = Success in Your Business!

Through my experience with my network marketing company, I cannot stress enough how much my outlook has changed. Not just my outlook on finances, but my life in general. This business is about so much more than making money or even helping people: It’s about personal development. Personal development is not just a notion that ends at the conclusion of your formative years – it’s an ongoing process that will take you on a journey to discover who you are and what you really want in life.

I started my business initially because I know that someday, I want to be a stay at home mother. My fiancé works hard and is an excellent provider, however, when the time comes, I want to be able to contribute to my family’s income while raising my children. This business has made that possible for so many people– so I thought immediately, why couldn’t this happen for me? What do I really have to lose from trying vs. what could I lose if I don’t try it and it works? I didn’t want to live with that kind of regret.

This business has become even more to me now. Through the books I have read and the training sessions I have attended, I have received a much-needed boost. I can now manage to approach life’s everyday issues with a more positive mindset. It has truly changed my perspective and has allowed me to become a happier person. I have even managed to come out of my shell more – I am generally a pretty reserved person with people I do not know. However, this endeavor has allowed me to talk with more people, overcome my fear of shyness and even speak in front of groups of people when I’ve been terrified of the very idea! It’s very liberating to overcome your fears and see great things happening because of your decision.

Honestly, I had no idea that just making the decision to begin a business would impact me in such a way. I would normally hear about first time/new business owners who have payroll, inventories, tax liabilities and overhead costs that cause them to be more miserable than before (especially in this economic climate). Luckily, I don’t have to worry about those things and I’ve changed for the better (in more ways than one) because of my involvement with this business.

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Oct 07 2009

Marketing Your MLM Online

While many network marketing distributors are still relying on old school methods when it comes to prospecting and promoting their opportunity there is a new tend in marketing called MLM online that uses the power of Internet for prospecting. The world wide web offers tremendous opportunities when it comes to recruiting and advertising and all of that at a very low cost that can suit any budget while at the same time remains highly efficient giving you the best results for the money you spend.
Of course that new MLM marketing method does not come easy as there is some work involved and the necessary know-how in order to use it effectively and get results for the money and time that you spend. Here I need to mention that it is possible to spend only your time while saving your money when you practice online MLM, spend only money and almost none of your time, or do something in between which in my opinion is the best tactic for someone that starts in multilevel marketing.
By investing only your time you can rely on promotional methods that costs nothing but your work and effort. Such methods are article writing and distribution though article directories, blog commenting, participation in Internet forums related to multi level marketing or the niche of your company’s product, free classifieds, and many other ways that don’t cost a cent.
If you go the only money way and little or no of your time you can rely on more advanced methods like search engine advertising and purchasing of leads, but you can also use free methods with a twist this time. The twist is called outsourcing and what you can do is instead of doing these things yourself you can pay others to do it for you. For example you can hire writers to write articles for you that you can put your name on them. You can hire people to scan related blogs and commenting to them or any other free activity that would have cost you in time.
The other way to go in online MLM marketing is a combination of the above two. Use your time effectively in free promotional methods that deliver the most and you can put the highest quality yourself. Have an appropriate budget that you can use for paid advertising like search engine marketing and for buying leads and outsource all the other tasks. That way you can save a portion of the money since some of the marketing goes from your own hands while at the same time you concentrate your activities at the things that you can excel and give your best self in it that would consequently give you and great results. You don’t have to consume and tire yourself with tedious but necessary tasks that can take up a lot of your time for minimal returns.
Of course when you begin you have first to go through all of these free marketing methods for your online MLM business and gradually start delegating the labor intensive parts of your business to the freelancers you hire while you keep the more creative and exciting parts for yourself. That way you can keep your excitement you had when you started in network marketing and not lose it upon working and working on boring and repetitive non-creative tasks that can only tire you mentally and make you lose the momentum with which you begun your journey to multilevel marketing.
While on the one hand when you start with Internet MLM you get too much into the technical things of the business and the how-to, which is natural of course, at the same time you must not forget the personal development aspect that in traditional network marketing is given a great importance. When it comes to building their home business online many distributors tend to forget that aspect and concentrate only on the technical field of this business. Of course that’s not the best way for someone to go who takes seriously his future success.
Business is not only about learning the practical aspects of it but also about transforming yourself to someone that can bring success to his life and value to those that he and his business comes in contact with and to the whole society, too. Yourself and your business are not a remote and cut-off island from the world but you are both interconnected with the whole society and in order to both succeed you need to offer value to the world.
So to summarize, a good MLM online marketing plan need to take into account 4 things. Free promotional methods, paid advertising, outsourcing, and personal development. When you make your schedule and allocate your time and budget don’t neglect any of those 4 things. They are all necessary to your success more or less each one and you can’t do completely without one of them.
A part of your investing should also be allocated to your training and education. You need to learn the technical things of your business and get the motivational courses that can help you grow yourself and succeed. Don’t try to save money there and always try to get the best education that your money can buy you. A few years from now when your whole life would be changed, if you do those things, you would understand how helpful training has been to your success and that you wouldn’t have reached that point without it. At that time continuous learning would have become a trait of your personality that would constantly move you forward to achieve the things that you want in life and reach your goals.
So start marketing your MLM online with no fear and make your personal plan on how are you going to allocate your money and time towards reaching your goals and building a successful Internet business. But remember to also invest time and money in yourself through the proper training as in the future it would be proved that it was one of the best investments that you ever made in your life.

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Sep 28 2009

An online business will beat the recession blues â?? 4 points that will help you choose one in this economy

Recession! It’s this year’s buzz word, but do any of us really know what it means? Better still, when do we know that the recession has affected us?  Simple logic tells us that in times of boom and in times of recession, the same amount of money is still present in the economy; it’s just in other people’s bank accounts!  So to beat the recession, you just need to know whose bank account the money is going to land in.

Smart marketing in an online business is a fast and inexpensive way to maximise your cash flow and ensure your market is truly worldwide, therefore ensuring that your website can conveniently land on the computer screens of the many people that have money in the bank.  EBay is a great example of a successful online marketing system. EBay & Microsoft were the pioneers of this and have set a benchmark for all online businesses. So what does the average person like you or I do if we don’t have the skills or resources of Bill Gates, nor the ideas of EBay, nor the capital of Warren Buffet?  

Here are four key points towards helping guide you amidst the online marketing jungle and help you choose an online business that will beat your recession blues.

1. What you need is a turnkey online business with a product that is actually a “must have” in times of recession;  a product that is high tech; a product that will still be relevant and “hot” in years to come;  better still, a product that all generations can relate to and use.

2. A product that has a high profit margin!  Therefore a lot of customers arenâ??t necessary to make a substantial income. When the internet started, every product and business was an incredible opportunity but many markets and products have now over saturated the internet (think weight loss, nutrition, eBooks’ etc).  In today’s market the concept of a small percentage of a lot of sales is a hard market to crack considering the saturation of some products and markets.  It’s far better to have a high margin product that requires far less sales to earn a substantial income.

3. You need an online business that is truly “work from home” and that is truly “mobile”.  As airline travel becomes cheaper so will our ability to holiday and to live summer in one region and winter in another.  You need a portable business that can travel with you!  The new generation have become very good at travelling before they turn 21, how will they fund this?  

4. You need a product that doesnâ??t require a degree, a product that can be taught quickly and learnt quickly, a product that has results and testimonials that will blow your socks off.  No longer does an extra $2000 a month really stir the emotion:  ”We’ve heard it all before!”  Today we want that million dollar a year income FAST!  Look for a company that is producing $250,000 plus first year.

So if you’re sitting at home surfing the internet searching for your next opportunity, you need to develop yourself a checklist so that you can successfully identify a company’s strengths and weaknesses. Don’t get caught in the hype of pills, potions and products that could outdate or need updating quickly (fads). Don’t rest on the assurance that just because a company could survive the 70′s 80′s 90′s  that they are necessarily going to be able to ride the wave of the entrepreneurial online business culture of this millennium. Look for a product that is easily transportable to every country; donâ??t forget to find a product with a high profit margin and an exceptional compensation plan. 

Allow me to paint you a picture, of successful products that have already reached their peak. In the 1970′s it was all about cleaning products, Tupperware & Makeup being sold from the comfort of your own home, this was an exciting era and the start of the home based millionaire. The 80s & 90′s were the growth phase of the nutrition, weight loss, eBay, Google and Microsoft millionaires.

Then the technology bubble burst and many of these businesses, whilst they had maintained their market sector, had not grown at the same rates that their original eras provided them, therefore the previous growth that home based millionaires had achieved may not be achievable in today’s market. So you find yourself asking, what’s hot property in 2009?

1. Personal development

2. Affiliate marketing

3. Social networking

 

My bet is that personal development could just tick all the boxes that we have discussed.  Imagine growing your mind and your bank account at the same time.  Good luck in your search for a recession proof online business.

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Sep 18 2009

Cash Gifting and Personal Development

Hi there peopleI just wanted to write a little introduction article about this phenomena that is exploding on the internet right now and that is the phenomena of cash gifting or perpetual cash leveraging.There are multiple cash gifting programs out there and a lot of the people that come across this concept to building wealth at first glance are very incredulous, meaning there is a certain level of disbelief and the most common narrative that runs through their mind is “This is too good to be true”.I know I definitely experienced these thought forms at first, but being the natural optimist that I am, I did more research and witnessed the countless testimonials of people online who were having MAJOR success in this field, and so I got started ASAP.Perpetual cash leveraging is one of the most fun and easy things to market that I have ever come across.I have participated in lots of different businesses in the past including door to door sales,multi level marketing,internet marketing etc etc with varying levels of success and failure but never have I come across anything that has so much appeal to people from all walks of life as this! After all what most people want when they start up a business is to generate money.One of my favorite authors, stuart wilde said it best in his book “the trick to money is having some”. “The main reason for being in business is to count the money”.Cash gifting technically is not a business,but in order to generate success with it YOU NEED TO TREAT IT LIKE ONE.Beyond having the intent of creating money,and the necessity of treating it like a business I think it is important to focus on teamwork and helping others succeed,this I have found to be the “keystone” to any successful direct sales or marketing endeavor/business and is one of the common denominators of the most successful people I have come across [at least the ones who have created that success ethically] whether they have been personal mentors to me or whether that mentoring /modeling has been through personal development tools [books, audio's].I have heard it said on many occasions “the more people you can help to become successful the more likely you are to guarantee success for yourself”. a great example of this would be to look at someone like bill gates!A very good word that would in my opinion describe this activity the best would be ‘elegance’ defined by quantum physics as “Expending the least amount of energy to produce the maximum amount of results”.If I could give you a simple more tactile example:Typically say in a business like network marketing.One has to not only sell or market 2 things [a]the product or service AND [b] the business opportunity,but on top of that in order to generate a 6 figure income on average it takes I would say about 18 months or more depending on the company and it’s compensation plan! Now don’t get me wrong, I am not ‘knocking’ network marketing because I actually think that if you find the right company it is a very honorable business to be in,far more rewarding and expansive than corporate america.But to be quite honest it takes a certain amount of mental and emotional fortitude to build that kind of a business and 97% of people who start one fail!On the other hand with cash gifting if you apply the same amount of focus it is very possible and very likely that those six figures will turn up in your reality IN RELATIVELY VERY LITTLE TIME!And guess what? you don’t have to give any of it to the dreaded IRS because it is all in the form of “gifts” pure genius!So anyway people I suggest you go and do more research and not just take my word for it.If you find that this is something you would like to try I would love to hear from you and help guide you through the process!Have the best day ever!

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