My Buy Essay

Posts Tagged ‘mlm’

I see all over the Internet people claiming to make tons of money from the latest network marketing or MLM program. All of these income claims are usually outrageous and often make you your emotions run wild as you reach for your credit card to quickly sign up with the latest program that will guarantee your retirement. So how are there a select few online who can profit, while a majority will never succeed?

I personally believe that it is not possible for the newbie Internet user to make money in network marketing or MLM online and I have listed some of the main reasons below.

I. You do not have a network of people to make you money

Another name for network marketing is MLM or “Multi-Level Marketing”. If you want to succeed in a network marketing program it is all about the size of your network. So what is a network? It’s an solid set of contacts who know you and trust you. A more common term for networks on the internet is “a list”. A list is a group of people sometimes thousands of them who have chosen or opted-in to receive a newsletter or e-mail from the list owner.

All of the major distributors in network marketing have a huge list. When they find a new MLM program to join, they send an email to their list promoting it and you guessed it…their downline grows virtually overnight. Then they can sit back and count their money as their downline promotes for them and does all the work.

II. You are unknown

Don’t think that being a unknown counts with all the millions of Internet users. In the world of network marketing being a well known marketer has a huge advantage.

If you build trust with people they are more likely to follow you. As I mentioned before, the top network marketers have a huge mailing list that trusts them and is therefore willing to sign up to almost any program that they promote. It’s no different to a top celebrity coming on your TV and telling you to buy a certain brand or product. Familiarity builds trust online.

This can also work the other way around. When you’re a well-known Internet marketing guru, people notice you, including the big network marketing distributors. They know that you have good recruiting power so they want you in their downline to build their organization as quickly as possible. However, if you’re just a little fish in the Internet marketing pond then you’ll never hear about the new network marketing programs until it’s too late.

III. You will not hear about the new network marketing program until it’s too late

The keys to success in network marketing or MLM is having a huge downline that will do the work for you. That means that you need a downline of experienced and dedicated network marketers. All the good network marketers already know about the program and have already signed up or dismissed it as unviable. They were probably on the mailing list of a big network marketing player and heard about it right after it was launched.

Who will be left for you to build your network? Not many people. Most people you approach will already have heard about the program and might even already be in it or might just be sick of hearing about it. You might be lucky enough to sign-up a few people who weren’t aware of it before. Unfortunately, those people are very unlikely to bring in lots of new recruits for your downline. In fact, the money they bring in will barely cover your own monthly fees. Eventually they’ll become fed up and quit. Leaving you desperately trying to sign someone new up so you can cover your monthly dues.

So, as you can see, network marketing programs are best avoided when you’re new to Internet marketing. You can put those dreams of signing up to a network marketing program or MLM and making huge amounts of money every month right out of your mind.

As an experienced Internet marketer you need to forget about all of the “get rich quick” and “early retirement” scams online and concentrate on building a slow and steady residual income and “get rich slow”. It is a reality, and you can start with absolutely nothing!

If you are in network marketing; by now you should have understood that more than 95% of the people who work on network marketing fails. Merely 1% is making themselves rich. And the other 4% are making some kind of decent income from this form of activities. That is to say, 95% are plain struggling.

If you have not been successful by now, you are at the brink of giving up. And just not long ago when someone roped or rather “doped” you into this line of business, were telling you how good and easy this business will be.

Hyping in this business of network marketing or some called it multi-level marketing is common and wide spread.

The truth is network marketing is not easy. It can be simple though. In fact is just plain simple.

Don’t worry!

You are about to receive the “secrets” of how to be the world top network marketer in the next 5 minutes!

No, you don’t have to fork out your credit card and key in your XXXX numbers to pay for the $597.00 fee.

Not even $297.00, Not even $97.00.

Or even $9.90!

The “SECRETS” will be yours for FREE …….. for NOW!

Investigate the steps below and to be really successful;

must get yourself involved “whole heartedly”

.

Here it comes:

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Go to the “Park”. Not any park; “The Network Marketing Park”

Find a tree.

Shake the tree.

A Network Marketing Guru will drop out.

He will begs you to be his disciple and promise to “hold” you hand and will impart 100,000 fresh enthusiastic downlines to you.

In 12 months, you will be the top earning network marketer there is in your part of the world; and will be a dominating figure in the industry. You will be earning your first $1 million by now.

After you receive your very first $1 million check………

Go back to the “ Network Marketing Park”.

Find a tree

Climb up the tree.

And wait………..

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Felt coned?

Think again.

This is the type of situation we are living through and spending most of our time investing and working with. Hoping that the formula could be that simple or simpler.

Take time and think about the story above again.

Does it reflect the reality in us? To be honest, you and me thought of it haven’t we?

Wouldn’t it be nice if the story is true!

Is there really a “Secrets” to it all?

In short, we were and are impatient.

This perfectly captured the environment in which most network marketer faces, beginners or not.

Expectations are high.

Will you expect to get paid without working hard on this business?

In reality the network marketing industry needs more devoted network marketers.

Who are persistent and self motivated.

The one that is most likely to make things happen.

The one that will not take “NO” for an answer.

The one that will help more people successful.

Those are some of the qualities of a successful network marketer. So as to say these are the real “ Secrets” of the world’s #1 Network Marketer.

In a nut shell; a person who have the ambition and the will to take that into action. A person who is self motivated will succeed in network marketing. The most successful network marketers are those who will do what it takes and whatever it takes. These are the people who make things happen, not just watching things happen.

Revealed herein the “Real Truth” in success in network marketing:

TAKE ACTION in the business.

Have fun doing it.

Get involved and help as many people crossing our path, to improve their lifestyle, and ours.

As a saying goes: “Get as many people get what they want and you will get what you want”.

The home-based business and internet marketing world have exploded onto the cyber scene. Most entrepreneurs and business associates alike have become quite familiar with all of the benefits and disadvantages of the internet marketing realm. However, many have yet to discover the unknown marketing mysteries hidden deep within the World Wide Web.

Contrary to popular belief, web businesses are very inexpensive to start. The internet marketing aspect of the venture is also extremely low-cost. An average home business creation can cost a few thousand dollars at the very least to begin. And this does not even cover the promotion and advertising. You can start accumulating money through a web enterprise by simply joining and participating in the numerous free affiliate programs scattered across the net. Marketing through this avenue is normally free, or offered at a reasonable price.

Did you know that owning and operating a home business entitles you to tax cuts? Now there is a little known fact that many will find interesting! Taxes breaks are offered for a variety of home business costs including: travel costs, phone bills, legal services, professional expenses, and even office supplies. Better yet, internet marketing and advertising can also be written off as a business expenditure.

Developing and running a web-based business does not mean you have to create your own product or service. The internet is a huge place with tons of ideas, programs, and products that are already ready to sell. You can use these ready-made products to your advantage and distribute them through affiliate programs. There are several web sites across the internet that offer products solely for this purpose. If you are not interested in selling, you can also earn extra cash just by internet marketing for others.

One of the best things about operating a web-based business is that it is always open. Your business is making money for you 24 hours a day, seven days a week. Everything that composes your site is also working. This means your promotion, advertising, and marketing are constantly on the go.

Operating an internet business gives you both the time and freedom to do as you please. As the owner, you have the ability to create this business at your own speed. You also have the opportunity to choose the times and days you work each week, and what you want to accomplish on these days. This freedom and control are one reason that so many individuals have initially decided to create their own internet businesses.

When it comes right down to the topic of how best to grow your online business, there is plenty of conflicting information on the internet. Why? Because everybody wants to make a dollar! Everybody has a program to sell, but few really offer a genuine program that helps YOU sell. What they offer is THEIR formula, not YOUR solution. “It worked for me”, they’ll say. Then, when it doesn’t work for you, they expect you to shoulder the blame. “Well, you didn’t do this right”, or “You didn’t follow the formula”. I don’t have time for those people. Here’s a fact: You already have the resources you need. You do not need to buy into anybody else’s program. For that matter, you don’t even need to buy into mine. All you really need to do is remember one simple word, “network”. Just network. Here are a few ideas to help bring it into focus.

Make Friends, Not Business Partners

This may seem contradictory to what you’ve learned or what you believe, but I’ve found the best people to do business with are the people who have earned my trust, my friends. I do not do business with those who assume I should just trust them. I’m sorry, but they’ve not earned my trust, and my trust can not be bought. Make friends, and do business with your friends. This is one reason why I refuse to throw my website on auto-pilot. I want people to know that there is actually another living, breathing person on the other end, and I want to be accessible to those people who choose to do business with me.

Wish Others Success

When you truly wish others success, you are attracting success. I make it my mantra. “I wish you success. I wish you success. I wish you success.” I truly do wish success to those I choose to do business with, because I choose to do business with those who would wish me the same success. I do business with friends.

Then, help your friends succeed. Trade banners, trade links, and really get into the business of promoting each other. Contribute to each other’s newsletter. Do what right and good for both, and don’t be afraid to take chances. Try something new.

Search For New Opportunities

Look for additional streams of revenue. Find opportunities that do not take you away from your business, but enhance your business. Affiliate programs, drop ship programs, joint ventures, and even MLMs can provide that stream of revenue. But, at the same time, be aware. Be careful. But be willing to follow your instinct. Just remember to make friends, not business partners.

By all means, don’t hesitate to contact me. I’d love to build a friendship and network with you!

It works without fail, every time. It can work with everything you are selling or promoting. It works on the principle of giving before receiving, and of offering more in value than you are getting in cash. Your prospect must perceive an increase for themselves in order to want to interact with you. Magnetic marketing is the technique that does this. Then this same technique is used to convert a prospect to a sale or business partner.

What is magnetic marketing? It is a process of attracting leads to you by offering them something of value first. Using ezine classified advertising and solo ads for an example, don’t try to close the deal all at once by attempting to drive your prospect to your website. Instead, start by giving the targeted prospect an offer they can’t refuse.

Using my own business ad copy as an example, here is an ad I ran before I had put the magnetic marketing technique together for this business that is an example of NON magnetic marketing:

Catch the Buzz – Discover Revolutionary Health and Wealth!

As seen on TV Superfood is now yours to use and make $$ with

Low cost! No personal sponsoring to make money! No minimum!

Weekly Pay, 100% Matching Bonus, 2×7 matrix, Incredible Team

Visit and learn more right now: acai-4life.com

Admittedly, the ad copy is not my best, written off the cuff right when I had started with this new company. However this kind of advertising can and does work, don’t get me wrong! The thing is, it is only a trickle of results compared to the massive results you can get by incorporating magnetic marketing into your business model.

The main problem with this and so many other ads is: they all really want the prospect to get excited and ‘click here’ without offering anything in return to really motivate them.

For about $50 my ad ran and is right now still running to about 6 million ezine subscribers &ndash with an audience that is mostly small business and internet related. I got and am still getting that trickle of results.

Now how about transforming it into a magnetic marketing campaign?

Take that same $50 and micro-target your audience. Since my company pays quite well with retail sales I could find health-related ezines. Then you can either purchase classified ads or solos. Even with a small subscriber base of two or three thousand, you will get a lot of leads and sales. Your new magnetic marketing will now have ad copy reading something more like this:

Did you know Free Radicals Accelerate Aging and Cause Cancer?

Discover everything you NEED to know about the massive damage

they cause, & the most essential antioxidants needed to fight them.

Learn little known secrets of health, anti-aging and disease

prevention in this free e-course: vitalhealthrobotreply.com

(If you like, you can subscribe, the email address and series are real).

What makes this ad now magnetic is that instead of trying to ‘make the sale’ of even driving your prospect to your website right away, your prospect now has the drive to contact you. In doing this, they become your lead.

They want to receive valuable information on a topic that interests them. They are plugged into your autoresponder and at the bottom of each valuable article in the series you send them, you drive them to your website. They now see you as a valuable provider of information and are more inclined to visit your website and do business with you.

Magnetic marketing works in any type of business or niche category. Give it a try. Put together some relevant content and make a valuable series for your prospects to subscribe to. Your business provides the solution to someone’s problem. Create a series of informative articles, reports, or ebooks that provides in depth information on the problem and solution.

Create an ad that addresses that problem, and propels the prospect to obtain the vital information you will give them for free that is the solution to their problem. Apply this to your marketing campaigns – by offering something of value to your prospects your magnetic marketing will massively multiply your advertising responses, leads and sales.

Are you new to Network Marketing?

If you are, then one of the first things your sponsor or upline has probably already told you is that you will need to create a prospect list. I explain the reasons why you need to create a list of at least 100 names in another article I’ve written, called “Your #1 Secret Weapon”.

Once you have written your prospect list, it’s time to start approaching the people on your list with your business opportunity. Many people feel that you should just start calling the names on your list.

I have a different point of view. In my experience, I have found that once you have created your prospect list, it’s time to do some “classifying.”

It’s important to understand that by classifying your prospect list, I am not talking about pre-judging, or pre-qualifying people for your business opportunity.

You should not prejudge people, as there is no way you can predict who is going to seize your network marketing business opportunity and use it to transform their lives for the better and who is going to do absolutely nothing with it, despite having shown all the signs of being a potential “hot” prospect.

Also, do not pre-qualify the people on your list. This happens AFTER you have presented them your business opportunity. People will then qualify themselves “in” or “out” of your business. Your job is simply to present them with information, then allow them to make an informed decision as to whether your business opportunity is right for them or not.

Classifying the people on your prospect list is different. You are looking for people that you believe are worth approaching first, because you instinctively feel that they make a great contribution to the growth of your network marketing team.

You will want to classify the people on your prospect list in terms of criteria such as:

Location – Can you drive out to meet them within, say, 45 mins to one hour? Or do they live interstate or overseas?

Character – Are they positive and open to new ideas? Are they coachable and can they follow a system? Are they people who take immediate action when they recognize an opportunity? Do they have a large circle of influence? Asking these questions will help you identify potentially good business partners.

Remember that, as the CEO of your own organization, you will want to recruit the very best team you possibly can find. Classifying your contact list will help you identify other individuals who share your values. I recommend building your “dream” network marketing team with people who have the qualities that you strive for and admire.

Other Criteria – Are there people in your prospect list who are currently involved in another Network Marketing company, or who have previous experience building a multi-level marketing business? This can either be a good thing, as they may already be open to the concept of Network Marketing, or not so good, if they received poor training and experienced lack of upline support in the past and now are carrying some negative feelings or misconceptions about the Network Marketing industry.

The same thing applies to approaching professional salespeople. Some sales-trained professionals may be open to the idea of Network Marketing once they realize that multi-level marketing organizations create their sales volume based on a lot of people using and recommending a little bit of product each, and some may not get the point of Network Marketing at all, preferring instead to continue earning sales commissions through the addition of their individual sales, instead of via the multiplication and leverage of a team of people working together!

To read the rest of this article and learn more ways to classify your prospect list, visit my business training website: .networkmarketingpro.net/classifying_your_network_marketing_prospect_list.html