Network Marketing Information |
The MLM Dilemma
Does this sound familiar...? You have taken ALL of the company training, listened to the tapes, recorded phone calls and live conference calls, read all the company materials and tried the products. You bought some inventory, made business cards, set up the web site that the company provided for you. You have purchased leads, set up an e-mail campaign and told everyone you know about your awesome company, the cutting edge products and the lucrative compensation plan...you were exited, motivated, dedicated, enthusiastic, positive and committed and yet...your results are dismal. If all of that sound familiar, I have news for you...you are one of the roughly 95% of people in MLM that have been completely wasting your time, money and infinitely more important...your life! Keep reading...there IS hope!! I know that there are people in your company who are doing well...making tons of money...but here's the question...can you REALLY duplicate what they are doing?? What is it that the people who are on top have that you don't have? Well, there's bad news...and there's good news! The bad news is that if you were to take a close look at the top performers in your company, you might notice a few things such as: 1. They have above average communication skills. They can walk into a room or stand in front of an audience and command attention. They just have that skill. Most people can't do that! In fact, the number one fear in North America is public speaking! 2. Maybe they are able to work 22.5 hours per day without sleeping. Some people just have the metabolism that allows them to do far more in a day than others. Most people can't do that either! 3. Maybe they had money to begin with and were able to purchase a position in the company which allowed them to maximize their income potential...most people can't do that either! 4. Maybe they are great salespeople. Maybe they don't mind getting 100 rejections in order to recruit one person, but most people can't do that either! The point is that there are any number of things that allow some people to just outperform others and usually it's because they really do have some quality, characteristic or skill that others just don't have. This allows them to build enormous organizations only a VERY small percentage of those people actually earn them the big money, and it's normally people who happen to have the same outstanding skills. After I studied this over many months of failing miserably in MLM...I asked myself this question; "Where the heck does that leave an average guy like me??" That brings us to the good news! The good news is that there are people just like me; average people with average skills making a substantial living with Network Marketing, and so can you. You don't need the "gift of gab" or tons of money to buy your position and you don't need to work 22.5 hours per day or to withstand an onslaught of rejection. So what does the average person need to make a fortune in Network Marketing? You need only two things: 1. A System that can be duplicated by anyone 2. Education as to how to properly deploy that system The system can be either automated or not as long as the process takes the prospect through specific steps and brings them to a point where they can decide weather or not they are interested in seeing more. A good automated system will walk the prospect through the following steps: 1. Attention: I have found that the best way to catch attention is to reduce the flashiness of the presentation. The best attention grabbing tool is a very well written introduction abut YOU, the marketer. 2. Interest: Maintain the prospects interest by providing something with which they can relate. Claims of riches tend to alienate most qualified prospects who are not interested in the hype?they are interested in content. Your system needs to provide strong content which allows the prospect feel that they know you a little. 3. Education: The prospect should learned something new. Some actual valuable information that makes them understand that you have a legitimate business opportunity. Education regarding Network Marketing would be best because it can help you pre-qualify your prospect and eliminate that "pyramid" objection. 4. Desire: By the end of the presentation, your prospect should want more information from you. If your system gives away to much information, the prospect will have no reason to speak with you again. This is where most people drop the ball, especially when using automated systems. Most people think that their on-line system is going to do the recruiting for them. I have seen many times when a marketer considers the flash presentation on their company website to be their entire automated prospecting system. The problem with this is that the company website gives away the entire story and rarely leaves the prospect in a state of desire. The prospect can make a final decision without ever having to get to know the marketer. This puts the company, product, or compensation plan in the forefront of the prospect's mind, instead of the exciting potential of the Network Marketing business itself. A strong automated prospecting system is just that?a prospecting system, not a recruiting system. We can not exclude personal relationship building from the Network Marketing equation. Which brings us to the second requirement for success in Network Marketing?training. Training is perhaps the most neglected part of our business. Rule number one is that you should never ever lead with your company, your product or your compensation plan...the reason is very simple...NO ONE CARES!!! Here's why... When you lead with your business, your products, your opportunity or your comp plan, you are talking about what is important to YOU, not to the prospect. They might listen to you out of courtesy or respect for you, and you might sign up a few people along the way, but your chances of building a solid business in the manner are slim because this approach is not "duplicateable" by most people. In order for the prospecting process to be effective, you really must build a relationship with your prospect before you introduce your company. This can be done using a combination of your automated system and personal follow-up. Network Marketing success requires that you deploy a balance of properly designed automation, and training on how to develop a personal relationship with the prospect. If the automated system is properly designed, and the training is effective in teaching the basics, then the average person can do exceptionally well in Network Marketing. Copyright 2005 Steve Lowell Steve Lowell is president of SJ Lowell Inc. in Ottawa, Ontario Canada; a business consulting firm and founder of The MLM Executive Round Table at http://www.MLMRoundTable.com. Contact by email at steve@stevelowell.com or go to http://www.SteveLowell.com
MORE RESOURCES: Unable to open RSS Feed $XMLfilename with error HTTP ERROR: 404, exiting |
RELATED ARTICLES
MLM Leads- MLM Leads Success Training- Part 1 MLM Leads are a great way to not only create activity in your MLM Business, but also find some great people for your business. Many people are looking for a home business, and MLM Leads have proven to be a great source of Success with lots of folks. What Is Network Marketing? To begin with, the concept behind network marketing is simple. Sharing - through product or business philosophy - is the basis of network marketing. MLM Success - For MLM Success, Its ALL About VALUE in Network Marketing There is ONE Word in Network Marketing that prospects seem to be glued to when they are listening to a presentation, or even an approach about anything. It is the standard that all prospects measure anything they are looking at. The Case For A Network Marketing System Networking Marketing systemModern congested lifestyles makes it very difficult to carve out time for residual income development. However, facts show us that it's needed now more than ever. What is MLM ? Multilevel Marketing is one of the fastest growing yet most misunderstood methods of moving products in use today. It has been termed by many as the Wave-of-the Eighties. Finding The Right Business For You: Sales Sales are essential for any business to survive. That's no stunning revelation - everybody knows this. The Problem With MLM For NetPreneurs Yes, there's a problem out there with MLM programs.. Are You A Network Marketing Professional? Or, Are You An Amateur? Do you look like a professional Network Marketer? Do You Talk like a professional Network Marketer? Do you write like a professional Network Marketer?Do your marketing results show you to be a Network Marketing professional? And, most importantly, does your team see you as a professional? Or, are you viewed by them as an amateur?You know, when I went to school they never taught us about professionalism. And, from what I hear, it is no different today. Reminisces Of An Aspiring Internet Marketer I've spent a lot of time and money on trying to promotevarious programs on the internet.Over 18 months I spent close to $10,000 US Dollars one-books, internet marketing courses, trainingmaterials, web hosting, domain forwarding,autoresponders, AD trackers, advertising costs, trafficexchanges, exit exchanges, search engines,pay-per-click programs, ezines, subscription fees,randomizers and doublers !!I also lost money when a few programs that I wasinvolved with went under, including a paymentprocessing company called EzPayWay which disappearedowing me over $1400 in commissions. Sorting Through the Good, the Bad, and the MLM Ugly You know, if there's a surefire killer of a beginning networker, it's the old deal where the new networker wastes so much time finding the right folks to sponsor.As you are well aware, the key to building yourself that lucrative residual income is not only to get yourself those required retail customers but also to get yourself that downline group of folks. MLM Money Making Opportunities There are still real money making opportunities mlm style available that you might want to take advantage of. Even though many people these days consider any MLM (Multi-Level Marketing) business opportunity to be bogus. MLM vs. Consumer Direct Marketing Business Opportunities We've all seen them before - businesses that promise great wealth and prosperity with a minimal amount of effort. Did you know that only 1 out of every 1,000 home-based businesses last longer than 5 years? So what REALLY sets all these companies apart, and which method has the least risk for everyone?First, let's take a look at a way of marketing that has gotten SO popular (and many times out-of-hand) - Multi-Level Marketing. Network Marketing Success - The ULTIMATE Success Understanding in MLM There is a question that determines probably 80% of your Ultimate MLM Success. And whether you understand it or not, may determine a lot of what happens to your business in the future as well as how your prospects respond to you. Create a Personal Development Structure to Support Your Network Marketing Success You're in consistent and persistent massive prospecting action. You are honoring your commitment to speak with a minimum number of prospects daily while following up with all interested parties on a timely basis. Residual Income, a Myth? I'm writing this in response to the every distributor in every company and program that tell you that the greatest things about MLM/Network marketing is the residual/passive/ongoing income that "keeps making you money forever" and they'll even try and convince you that it will "keep on growing" whether you do anything with your business or not. Why? Because it is misleading at best. MLM Recruiting - The 5 Types of Network Marketing Recruiters in MLM It is amazing.Every where I have the honor of speaking, I see over and over the 5 types of recruiters on MLM, and they all remind me of animals. Associated Myths in MLM The MLM business is so popular among people that some of them are totally ignorant about the fact that it takes hard work and days of sweat to make it big. There are number of myths associated with MLM business. To MLM or Not to MLM? I was posed a question the other day about MLMs, why it leaves a bad taste in some peoples mouth, the term MLM even triggers spam filters. Some programs even advertise "This is not MLM" as though that is a plus for it. The Best Network Marketing Company .. I Could Have Quit $1,000,000 Ago Two Things (Maybe Three):1) Over the course of this on-line training series, you will uncover ideas and formulas, that I dare say, you have never seen before.Let this first training letter be an example. |
home | site map | contact us |