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Showing posts with label Network Marketing. Show all posts
Showing posts with label Network Marketing. Show all posts

Sunday, December 7, 2008

The MLM puzzle (2)

Visit the new Investor's Money Journal extension website and feel the difference... just click Investors Money Journal . See, watch, and listen to the market strategies, tips, and advices of different investment and financial experts.


This is the continued part of The MLM puzzle. MLM is just like a puzzle and there are different parts of it. The more you know, the more parts you get and you can develop your business using it. Now lets see what are these parts and how to get these,

Follow ups
It is essential in MLM to do follow ups. Without this, your prospects will become negative and will never buy your products. Follow up is needed to keep in touch with him and to provide him informations. You can read more about this topic here, Prospect follow up

Team meeting
To have a great successful and active team, you must organize team meeting. This way you can provide informations to your team mates and can motivate them. If you manage to keep up team meetings, your distributors will become leader. Read more about this topic here, 20 reasons why you must have team meetings , 20 ways to make your team mates attend team meetings

Presentation skill
Present and describe your business concept by your self to the prospects. This is also called the official meeting with prospects. A sales or a joining depends on this skill. Practise it ith your team mates and with uplines. There are was to improve this skill, read these articles for more info, A good presentation , Presentation Book

Have big dream
Dream is the biggest part of MLM success. See more dreams to achieve more. Think big and want more from life. Tell your team mates to dream too. Whenever you see a dream, believe it and your mind will set you to work more and to achieve it. Click to read Part 1

To all readers of Investor's Money Journal (IMJ) Networking Page, visit the The Marketeers site for MLM motivational articles and videos.

Wednesday, November 26, 2008

The MLM Puzzle

Visit the new Investor's Money Journal extension website and feel the difference... just click here Investors Money Journal . See, watch, and listen to the market strategies, tips, and advices of different investment and financial experts.



May be your upline always says that you have a lot to know about MLM. Yes, they are right and you have to know a lot about this topic, but it doesn't means that you know nothing about MLM. MLM is a huge industry and no one can know everything about it. The best part of MLM is that you can earn as much from MLM as much you know more about it. MLM is just like a puzzle and there are different parts of it. The more you know, the more parts you get and you can develop your business using it. Now lets see what are these parts and how to get these,

Knowledge
It is most important in MLM life and you could practice it forever to improve your skills. If you want to know more about this then read this article, Aqcuire knowledge before starting MLM. Take part in workshops, seminars, meetings. Read books, visit websites talk with MLM leaders to enrich your knowledge.

Talking skill
This business is all about talking with people. The more you talk the more you can learn from people and know them. Take part in meeting and discussions. Talk with your upline, downline and friends. Talk positive and think positive. Read this article on how to Think positive. Try to talk with many peoples and motivate them. You need to talk much if you want to motivate people.

Invite skill
There is a big role of invites in MLM. A good invite makes a successful sales or joining. MLM is a word of mouth business and the invite works as a ad in MLM. Talk with people and invite them who need great products and opportunities. Read this post for more details: Inviting prospects.

Team management
MLM is a team work and you have to manage your team to ensure a great business. Team management includes helping others, counseling, team meetings and communication. A great team does a great sales and you can achieve the goals very fast with your team.

Motivations
MLM is a duplicating business. Be a leader and make leaders from your team too. Make them to copy you. This is the way why people earn from MLM without doing any works. People love to follow you if you become a great motivator. Before this you must have great skills and positive attitude. This is MLM's great part which everyone cannot achieve it, very few people get this and they become great legends. Click here to read Part 2

Sunday, November 16, 2008

Multi-Level Marketing (Networking), the Ulimate Money Machine

Have you ever been to a great movie or a great restaurant and told a friend about it? That's called word-of-mouth advertising. Business love word-of-mouth advertising because it's much more effective than all the money they spend on any other form of advertising, promotion, or marketing. Network marketing is a way for business to leverage the power of word-of-mouth advertising.

Let me give you a hypothetical example. Suppose you recommend a great restaurant (Let's call it USANA's Restaurant) to your sister. Your sister and her husband make a reservation for dinner and, during the meal, the waiter asks them how they heard about USANA's Restaurant. They mention your name. How would you feel if the owner of the restaurant sent you a thank you letter and a coupon for a free meal in appreciation for your recommending his restaurant? It would probably make you fell wonderful. The restaurant owner also explains in the letter that because of your recommendation, USANA has gained a new long-term customer. This customer didn’t result from USANA's Yellow Pages ad or it's radio and newspaper campaign. Therefore, the owner wants to reward you for this new word-of-mouth customer. Anytime your sister visits his restaurant in the future, he will send you a check for 10% of the value of the meal as a continuing thank you. Sure enough, every several months you receive a small thank you check. You're so impressed that you encourage others to visit USANA. This generates more free-meal coupons plus more 10% word-of-mouth checks. After a year, you are receiving small checks each month. After several years, you've help to create dozens of monthly customers, which generates hundreds of dollars of extra, no hassle income to you. That would be nice, wouldn’t it?


Excerpt from the book of Robert Allen's Multiple Stream of Income