Posted on 1st May 2010 by Andrew Smith in MLM System |MLM problems |MLM training
Marketing, MLM, Problems, System, Training
Despite what you may have been told by your sponsor, your success in Network Marketing has very little to do with the quality of your company’s products, or the payout levels of their compensation plan. There are thousands, tens of thousands, or even hundreds of thousands of distributors out there offering exactly the same as you, so the only difference you can offer is …
When I got started in my Network Marketing business I thought that I had found an amazing deal that very few people knew about. The company had great products, which I knew I could sell and I could see how I could make a decent income by encouraging others to sell the products too. It wasn’t until a few months later that I found out my company had over 100,000 reps around the world who were also selling the products! I went from thinking that I had very little competition to the realisation that I was actually competing with quite a few people!
That didn’t matter though, because my company had the best compensation plan in the industry. There were bonuses and incentives that I could start earning just as soon as I got a few key leaders into my business. I wouldn’t need to sell that many products to make good money! Once again, I was mistaken! All of the bonuses and incentives went to the top producers and I would only get a portion of those once I joined the ranks of the Heavy Hitters!
The point is this: The only thing that makes your offering different from the other 100,000+ distributors is actually something that only you can offer. Your unique selling point is YOU! Your experiences, motives for starting a business, goals and aspirations are unique to you. This is what people who choose to follow you want to know about and this is what will propel you forward in your business. If you spend all of your time pitching and telling people how fantastic your products and compensation plan are then you will look like a sales person with no personality! Would you want to follow someone like that?
You need to be able to inspire people. Be open and honest and share more of yourself with the people you speak to, so that they can see your passion and enthusiasm. Once people know that you are passionate about what you do, because you know you are working toward your dreams, they will be queuing up to ask you what you are working on! People will NEED to find out what you know and they don’t! That’s when prospecting becomes fun, rather than being a chore!
To learn more about me, or to register for my free Internet MLM Success Blueprint, please visit: http://www.mlmsummittraining.com/IMSB.htm
Posted on 1st May 2010 by Andrew Smith in MLM System |MLM problems |MLM training
Marketing, MLM, Problems, System, Training
Despite what you may have been told by your sponsor, building a Network Marketing business is definitely not easy. What happens when 2 doesn’t find 2 and your efforts don’t duplicate through your team? The answer is simpler than you may think …
When I first joined the Network Marketing industry I was excited to share what I had learned about the industry. I was confident that when I spoke to my friends and family they would be keen to get on board and join me in my venture. Now I don’t know about you, but the reality was very different! My friends and family were not interested! I eventually found my 2 people, but it stopped there! 2 didn’t find 2 and my business remained at a standstill for quite some time.
I spoke to my Upline for support, who gave me the same advice: “Keep adding names to your names list, call 2 each day and follow-up will pay!” Not for me it didn’t! The advice never changed and the results never improved. The problem was that my Sponsor was not achieving the results that I wanted using this method and neither was my sponsor’s sponsor! I was taking advice from people who hadn’t achieved what I wanted to achieve.
I then took my business Online by learning about the principles of Internet Marketing. I learned how create capture pages using html coding, as well as how to generate my own leads with opt-in pages and auto-responder messages. Then I learned how to drive targeted traffic to my sites and the wheels began turning! For the first time I was making a reasonable amount of money from my business, but there was still one small flaw: Unless my Downline were willing to learn html, website optimisation and other Internet Marketing strategies, they would not be able to duplicate my efforts. The odds of my long-term success were still stacked against me.
So, the next step for me was to find a plug and play system that I could use, but one that my Downline would also be able to benefit from, without needing to understand the intricacies of how squeeze pages, follow-up auto-responders and funded proposals work. Fortunately I found what I was looking for and I also found mentors and coaches who could actually teach me how to succeed in the industry. I found people who were successfully building their businesses from home, on the Internet, without pestering friends and family and without attending weekly opportunity meetings! That was how I wanted to build my business and they were able to show me how.
I guess the point I want to make is don’t quit! Whatever you do choose to do, don’t become one of the people who quit! Your dreams are worth more than that and the only way to fail at anything is to give up. Instead, find what works for you. Decide how you want to build your business and find people who are successful at building their businesses using those methods. Don’t try to do things the other way round, because the learning curve will be infinitely steeper! It’s far more sensible to find someone who can lead you to success, rather than struggling to find your own route.
To learn more about me, or to register for my free Internet MLM Success Blueprint, please visit: http://www.mlmsummittraining.com/IMSB.htm