My Buy Essay

Posts Tagged ‘network marketing’

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”.

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See You At The Top!

C L Eldridge

Curious about Internet marketing or network marketing, not sure, what it is, or how it works? Is it a modern day version of a pyramid scheme that is now on the Internet? No, it is not a pyramid scheme it is a network of individuals who sell products. You probably have been one of those consumers. The way that network marketing functions is that certain individuals have an extensive knowledge of the products that are going too sold. This is not the same as going into a store and asking a sales person for information on a product, they then look at you as if you came from another planet, and they have no idea how to answer your question. Those with this information train others to be as knowledgeable as they are and then they do train others and so on. While the training takes place, each representative will sell the products via word of mouth and everyone profits financially.

Multi-level marketing (MLM) differs because they are a large company that will train individuals to sell a product and then these new representatives will train another when they have learned about the products and each works at various levels of compensation. In multi-level marketing (MLM) the companies financial growth does not depend on the amount of products sold their profit comes from the amount of individuals that are part of their company selling the products although they do require that the products are only sold through multi-level marketing (MLM) business.

In order to rise to the top of company in the economy of today you usually have to work for them your entire life and that is not done as much as it was done 50 years ago. Most employees are always looking for the better off and will not hesitate to leave the firm they are with if they are offered a better financial package. This is one of the draws of network marketing that they can make a residual income for the rest of their lives and work it as either fulltime or part-time. You can work a current job and do network marketing on the side until you are ready to do network marketing full time. What most people like about this form of income is that there are no barriers to the amount of money you can make or any form of discrimination or the thought of not having enough qualifications. The risk is low, the financial requirement to start is low, and you do not have to restock items. Your primary investment is a good work ethic and a willingness to meet new people and let them know how their lives can change for the better.

.payitforward4profits.com/rodl13

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