When we look at the Network Marketing system we see a business model that has the potential to create a nice flow of residual cheques without the hassles of a brick and mortar business. Sure dedication and persistence is required as is with most things in life. Many Networking companies have some great products and a great pay plan that offer some genuine leverage. So why is it that there are so many failure stories around and silly statistics like a retention rate of 15%?
I have spoken to many people involved in this industry over the last few months and people who have not made a success of it have all said the reason they did not make it is due to lack of support from their sponsor and company. Many said that the training they got consisted of being told ‘oh make a list of your friends and family and sell the business to them’ or ‘leave your business cards on car windscreens, thorough doors, in phone booths’ etc..
In today’s market these methods don’t really work, we are well aware these days business opportunities are 10 to a penny and there is always somebody dying to pitch us in their business, so as a society we have become weary of these spam pitches. Many have found out that the traditional prospecting ploys don’t deliver in developing a very big team of individuals in our organization. I experienced all this in my early days as a MLM rookie.
What really made a difference for me was taking my business online and combining offline and online efforts, using both together really made a big difference to my business. The biggie for me was learning the principles of attraction marketing as taught by the great guru Mike Dillard. Since adopting this mindset and then practising what he teaches my business methods are now 200% more successful, Do yourself a massive favour and get Mike Dillards ‘Magenetic Sponsoring’
If you want to take your MLM to the next level then if you have not already, learn about internet marketing, anyone can do it, you just have to actually implement what you learn, sadly some people don’t! It’s important that you brand and market yourself and what you can offer your prospects. Offer value to people in the form of information and education, create relationships with prospects through social media, by writing articles you become an authority that people will respect. Methods like these are very effective in branding yourself.
If you are giving out some real value to your prospects then you will get far better results than just pitching your company. A lot of people have their guards raised about such websites, there are millions of people out there advertising links to a standard company website that purports to be the the only system that works
It’s important to remember that by giving real value you become more valuable to your prospects, people will become drawn to you and your knowledge and will be more likely to join your organisation. It is human nature that people will prefer to do business with those they know and trust. Your prospects want a leader to coach them to success, if you allow it and get into the right mindset and educate yourself, you can become that leader. Those that will be leaders are the one’s who will be at the top in this industry, make it a sure thing you are one of them and make sure that you are employing a network marketing system that will recruit and teach your prospects in the most valuable way feasible!
It’s vital to your success that you make the most of your network marketing system. To learn the most effective strategy for recruiting and training on auto-pilot visit my blog to get the lowdown. Article written by internet marketing coach James Hicks
