|Ðð©'§ Network Marketing Information Library|
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.
Network marketing is a multi-billion pound industry involving millions of independent business people around the globe. Large companies like Gillette, Colgate-Palmolive, Kleeneze Europe, AT&T and others, have all turned to network marketing because of the very real edge it gives them in both domestic and international marketing.
Network marketing is a 'BIG' small business, which offers everyone, with or without business experience, the opportunity to start and run a home-based business that works. It is the last frontier where 'the little guy', (people like you and me) can make it BIG.
The traditional way of marketing products is to move them from a manufacturer through a network of middlemen. National Wholesalers, regional wholesalers, Cash & Carry warehouses, retailers, - the 'middlemen' - all add their 'valueless' percentage to the price of the product.
By the time the product or service reaches you, the end user, you're not only paying for the product, but a percentage of the price for each and every middleman in the network.
In network marketing there are no middlemen. Instead of paying them, a network marketing company will pay you for whatever amount of product you cause to be 'moved'.
As a sole individual operating alone, the amount of product or service provision you could 'move' from your own efforts, would be relatively small. In network marketing however, the amount you 'caused' to be moved indirectly could be huge.
Here then is the essence of a network marketing compensation plan. For not only will you be compensated for the product or service provision you personally cause to be moved from your own direct efforts, you will also receive indirect compensation for the product or service provision that your 'organisation' 'causes' to be moved.
To be successful in network marketing you will need to build an 'organisation'. That is to say you will need to 'share' the benefits of both the products/service provision and the business opportunity with others. In network marketing this is referred to as your 'downline'.
The 'serious' money to be had in network marketing is to be had from what is termed as 'over-ride' commissions from the 'movement' of product or service provision from the 'downline' your 'sponsor' will help you to build.(In network marketing it is the responsibility of your introducing 'sponsor' to help you build your 'downline'.)
All you need to do initially to build a 'downline' is to 'share' with others the information about the products or service provision and the business opportunity on offer.
Theoretically, if after 'sharing' the information with others and you subsequently attracted just five SERIOUS individuals who decided to join you in your network marketing business - for illustration purposes only - your 'downline' could equate to the following after five levels of geometric growth:
You sponsor just 5 SERIOUS people into your business.
Your level 1/ 5
They duplicate your efforts and each sponsor 5 SERIOUS people.
Your level 2/ 25
These 16 duplicate your efforts and each sponsor 5 SERIOUS people.
Your level 3/ 125
These 125 duplicate your efforts and each sponsor 5 SERIOUS people.
A little arithmetic will tell you that's theoretically a total of 3,906 people on your fifth level.
AN UNLIMITED INCOME POTENTIAL
Imagine the power of a business-building plan that would pay you an agreed 'over-ride' commission on each product or service provision 'moved' by each and every one of those 3,906 potential distributors in your downline. Network marketing then is about a LOT of people 'moving' a little product. The more people you introduce, the greater your income potential. Notice that I said SERIOUS people. You may find that you have to introduce 20 or even 50 new distributors before you find a person who Gets SERIOUS about the business.
If you want to toss aside the potential earnings on offer as being ridiculous or impossible - DON'T. I personally have met people who are earning £5,000 to £50,000 per month (yes per month) from network marketing for part-time effort. Though the majority of networkers earn hundreds rather than many thousands per month, (most working part-time) it must be understood then that if you are to make serious income, you must put in serious effort. No free lunches here! The professionals in Network Marketing (those that earn HUGE incomes) recognise that to become successful you must "go through the numbers". That is, sort through lots of people until you find those people who get SERIOUS about the business.
SO HOW DO YOU CONVINCE PEOPLE TO JOIN YOUR BUSINESS?
The simple answer is you don't. You want those who convince themselves. If they are truly looking for a way to become successful, then they'll come to you to go after it. The key to achieving success in network marketing is not to be had by convincing people, but by helping those (SERIOUS) people who want to become successful themselves.
WHERE DO I FIND PEOPLE TO JOIN ME IN MY BUSINESS
As it has been estimated that 20% of the UK working population - that's approximately 6 million people - would be interested in starting their own business, the marketplace in the UK alone is truly enormous. With a recent MORI poll indicating that 50% of 16 - 25 year olds were interested in starting their own business, the marketplace is actually growing.
One of the most important things to recognise is that the most precious resource available to you is in the new blood - the millions of business opportunity seekers who are not presently involved in networking. For it is there that you will find the success stories of tomorrow for your downline organisation.
The impact of the Internet on network marketing will be absolutely HUGE.
CHOOSE THE RIGHT COMPANY
In any successful business it is the quality of the product or service that is being offered that is the single most important aspect for its success.
The most lucrative compensation plan in the world will NOT provide you with an on-going residual income if the product or service doesn't provide tangible value and benefits for yourself and your customers.
Provide a product or service that people need, want, coupled with a business opportunity they are willing to tell their friends about and you can build yourself a business empire in network marketing!
TIPS FOR THE TOP?
Tip# 1/ If you're already involved in a network marketing programe and you're being 'sold' primarily on the benefits of the compensation plan with the product or service being offered as a secondary consideration, then read the above paragraph again and MOVE to a company whose products or services 'move'.
Tip# 2/ Ask yourself this important question: Is the network marketing programme I'm considering joining one that I'm willing to share with my friends and family? The comment "I don't want my friends and family to know what I'm doing, l want to become successful first - then I'll introduce them!!" is almost legendary in network marketing. (A comment oftimes made by failed networkers who had no real belief in the company or the products they were promoting in the first place!) If you immediately feel comfortable with the prospect of letting your neighbours, your friends and your family know about the network programme you're considering joining, have belief in the company and its products/service provision, have confidence in your introducing sponsor, then you have probably chosen the right company to work with.
Tip# 3/ Don't be impatient by expecting things to happen overnight! Building a moderately productive downline in any network marketing programme takes TIME - many months not many weeks.
Tip# 4/ Read tip 3 again and avoid like the plague any company which suggests otherwise or does not require you to invest in the development of a distributor base. If your prospective sponsor in the network marketing programme you're being invited to join doesn't stipulate that it takes TIME to build a significantly productive downline then it's not a business your being invited to join but a game - and one you're bound to lose!
Tip# 5/ If you want to dine with the classes - deal in products or services wanted by the masses!
If you have tried Network Marketing before and failed, you probably chose the wrong company, the wrong sponsor, or the wrong product.
IS NETWORK MARKETING FOR YOU?
A message from the Prime Minister the Rt. Hon. Tony Blair MP to the Direct Selling Association.
" I'm delighted to offer my support to the Direct Selling Association and point out to you how big a part direct selling is of our domestic market in the sale of goods and services. We've got something like 13% of the entire home shopping market done by direct selling, almost half a million people are involved in direct selling and 40,000 of those are doing it full time...It also shows how, in a changing economy and changing labour market, there are great new opportunities out there.
I want to say to you that this is a good thing to be involved in and that we, as a Government recognise the tremendous contribution that people who are taking up direct selling opportunities can make to the overall prosperity of the economy. So it is well worth doing, well worth being involved in and I wish those of you who are engaged in it, the very best for the future."
The above is the text of a video message given to members of the Direct Selling Association on the occasion of the DSA's Annual Conference held at Hinckley Leicestershire on 5-6 May 1999. (www.dsa.org.uk)
TO SUM UP
Network marketing isn't for everybody. While some people swear by network marketing, others simply swear! (Read tip No. 3 again to find out why). To succeed in network marketing you will need determination, commitment, enthusiasm and most importantly - a burning desire for success. If you believe you have those qualities get back to the person who provided you with this information TODAY.
Yours in success,
P.S. To find out more about the benefits of becoming involved in the Network Marketing Industry log on to: http://www.ludbrook.com
Kevin Quigley is the Publisher/Editor of 'The Internet Affiliates Resources Directory' where subscribers have the opportunity to have their Affiliate programs promoted absolutely free and on a permanent basis. Details & Free sample subscription: Blank email to: email@example.com Unsubscribe with one click.
You have my full permission to 'Steal' the above article which may be freely distributed in your E-zine, on your web site or in your e-book provided this entire resource box is kept intact. If featured a sample copy of your E-Zine would be appreciated. Thank you.
Guaranteed Tour Takers or Guaranteed Signups
When you join a MLM opportunity they give you usually a couple of affiliate websites, copy of good ads, scripts to cal leads and lots of other things to help you. Then you're told to go out and tell your friends and family members about your business.
I Could Have Quit $1,000,000 Ago
Two Things (Maybe Three):
MLM Consultant - The 5 Things to Look for in Great MLM Consultants
Consulting in MLM has gotten to be a big business in Network Marketing. Being one myself, I have found that there are good ones out there, and then there are well, not so good ones. You must know what to look for, before you spend a dime with them.
Network Marketing Training- Secret MLM Recruiting Formula for Becoming 10 Feet Tall and Bulletproof
It happens everyday.
The Returns of MLM
Distributors are paid through compensation plans. These plans consist of rules. Distributors get commissions on their sales but rules are the ones that actually decide how much the distributors would get. Every MLM company makes two types of rules, positive and negative, to control the distributors. The positive rules enable them to acquire incentives while on the other hand negative rules warn them about going haywire.
MLM Network Marketing
Put simply, MLM Network Marketing is just a way for businesses to distribute their products. If you have been looking for ways to earn a good residual income from home, then mlm network marketing may be the right choice for you. Right now, when you are reading this, there are vast opportunities building up in mlm network marketing programs. So this is just the right time for you to pitch in and start building your business.
Five Ideas for Unique (and Cheap) Marketing
Home-based businesses generally lack the large marketing budgets of bigger companies, but a smaller budget doesn't have to stop you from engaging in clever and effective campaigns.
MLM Professional as a Freedom Fighter
"I am a freedom fighter. All of us in the MLM industry are freedom fighters." Profound words from Professor Vasupal, an acknowledged MLM leader, who in my view is unarguably the most successful Network Marketing Leader and a top earner in these parts of the world.
The POWER Behind Network Marketing
Network Marketing is the most POWERFUL business model on the face of this planet! What's really interesting is that it is built primarily by "'Word of Mouth' Advertising." Is that AWESOME, or what!?!
In the world of business, there are a few things to watch out for before you get involved as an owner, affiliate, or investor. These are important everywhere, but nowhere more important than for the so-called "internet newbie" who is looking for additional income and/or a better lifestyle. Hype and unrealistic promises that sound oh, so good are everywhere. Let's pick a few of them apart. Learning to step back and think logically can be a financial lifesaver. It might even help to look at each offer and ask if you would want your kid or your grandparent or your best friend to get involved. If the answer is "NO!" then you shouldn't, either!
Ethical MLM, Network Marketing Work From Home Business Opportunity
What do you do to find an honest, ethical and "real" home based business with an affordable startup cost and a realistic chance of success?
"Honey, I tried to tell you this wouldn't work."
It's really strange! Too many people start an MLM business with excitement, enthusiasm, anticipation and thrill, only for the reason that they want to be a successful home businessman. There are many people, who right now are not as successful as they would like to be. If your performance in this field is error free and you have adopted a path that has least possibilities of failure so you can do this business in a proper way as well as make lots of money. There are so many mistakes, people make in their network marketing business. We want to explain you some important mistakes people make in their Network Marketing businesses. If you avoid those mistakes in your MLM business, then you can observe that there is a drastic increase in your profit. We are now discussing main blunders people make durig their MLM business.
Finding Your WHY!
"Finding these three letters: W. H. Y. will guarantee you ultimate success in your life and in Network Marketing!"
What Network Marketing is NOT
There are so many misconceptions flying around out there about what network marketing is or is not. Let's take a few seconds to review what network marketing is NOT.
Network Marketing Problem ? Are Your Downlines Leaving You?
First of all, let's take a look at your effort to maintain a good communication with your downlines. How often did you contact them? How well did you know them personally? Did you ever ask them about their dreams? Did you share with them?
How To Buy MLM Leads
You may wish to buy MLM leads from a reputable source when your business had out grown the standard friends and family network. There are hundreds of companies that want you to buy MLM leads from them. But how do you determine if the leads they provide are good leads? Here are some tips to help you decide whether a lead is good or questionable.
Finding Targeted MLM Leads
The objective of multi-level marketing (MLM) is to sell the product or service and to encourage the client to become an independent distributor, who then sells the service or product as well. Leads are vital for any business to grow, and in order for the business owner to have the greatest success, the leads must be curious enough in the business opportunity to have expressed an interest. The prospects that have expressed an interest in becoming distributors are known as Targeted MLM Leads.
A Simple Step by Step Approach to Fail Your Way to a Financially Successful Home Based Business
He (or she) who is the first to fail a Billion Times wins. He (or she) who dies with the Most Failures win. In order to start and run a Successful Home Based Business you need to learn how to fail. Those who fail the best and the most are the most successful.
How To Start A MLM Business
When considering whether to start a MLM business, begin with a good look at yourself. You must determine your needs and motivations to see if running a MLM business is right for you. What are your goals? What amount of income do you need for the business to provide? Do you want to work full or part-time? Do you need additional training to start the business? What will my start-up costs be? A world of questions must be answered before venturing out into the world of direct marketing.
|Home | Site Map|
|Copyright © 2005-2007 - Ðð©'§ pcMedix Computer Group Help Sites. All Rights Reserved.|