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New Style Network Marketing - Why Professionals are Rushing to Join!
There is absolutely no doubt. Network marketing or multi level marketing (MLM) is now attracting a new type of person. The wave of new style network marketing is having an unprecedented appeal to professional business people.
In the past, MLM has been dismissed by business leaders as an inferior sales distribution channel. Today, Fortune 500 corporations flock to do business through network marketing channels with industry sales approaching $25 billion in the US and $100 billion worldwide.
The industry, once tainted by the image of the hard hitting, face to face salesperson, compelling you with exaggerated promises - is growing up.
Some MLM groups have evolved into sophisticated business systems put together with the skills of savvy corporate leaders who have become disillusioned with the traditional forms of earning a living.
Here are a few aspects of the 'new style' approach to network marketing that is attracting successful business professionals to leave their six figure incomes.
Attractive business model. Network marketing no longer has to rely on a face to face approach to your potential customer. With the explosion of the internet, the business can now be accomplished through effective internet marketing techniques. The internet provides access to potentially millions of people and you do not have to deal with a totally cold prospect. A situation most people actively avoid!
It's now possible to reach a highly targeted audience around the world! Better still, it's possible to attract highly targeted traffic to your website who initiate contact with you! Many people see this as a comfortable environment in which to do business because the prospect of rejection is significantly reduced.
Enhanced training and communication. New technologies such as voicemail, email, internet, cable TV, videoconferencing and teleconferencing have enabled leaders to provide exceptional training, product knowledge and coaching to a geographically dispersed group. It also has provided a vehicle for business leaders to use their leadership skills to develop and motivate their distributor networks. Communication is now relatively inexpensive and almost instantaneous, speeding up response times to market demands.
This has launched the industry forward dramatically because it is now possible to effectively manage a vast network of thousands of distributors across the globe from your home. This is a leverage previously only dreamed of.
A trend towards corporate disillusionment. Managers in their forties and fifties who have given their best efforts during their thirties to their careers, are now looking for alternatives. Having spent a lifetime building someone else's business, they are ready to build their own and reap their own rewards. Network marketing opportunities provide an inexpensive entry to establish your own business. When worked consistently between 5-10 years the return on a modest investment can be exceptional.
Work-life balance. Baby boomers (40-55year olds) are searching for quality of life. Despite the promises this is not usually found behind the desk in a corporate office. The large corporate incomes usually come at some expense to spouse, children and friends who also contribute through the sacrifice of quality time, family memories and missing parents. The importance of building a life - not just earn a living; demands a new way of earning income.
Lack of job security. As a senior HR manager turned MLMer I can testify from first hand experience: the higher you are in the corporate world, the harder you fall when you are retrenched. Don't be beguiled by the six figure incomes of the corporate giants. The larger your job, the more rare they are and finding a new one can take more than twelve months. Job insecurity plagues all levels and most people are searching for diversified forms of retirement planning. A solid MLM opportunity can do just that.
Flexible hours - choose your own! Because a network marketing business can be built around an existing schedule, it is a perfect vehicle for busy professionals to get started in developing an alternate income stream. Once established the business can provide a residual income that can release you from the job market altogether.
A trend towards an aging society. Many people are looking ahead and realizing that government hand-outs will not be sufficient security for retirement. In several western countries the number of retirees are increasing a greater rate than the number of workers entering the workforce. In these countries, there is a diminishing pot of funds available to fund retirees. Network marketing offers a residual income stream that can continue long after people have stopped working.
The power of e-commerce. Income streams from a few hundred to tens of thousands per month can be built over the internet. It is possible to combine internet marketing skills and work your network marketing business entirely over the internet. There is almost unlimited potential in combining both viral and network marketing business principles to quickly build a solid, residual income stream.
When considering a MLM opportunity, your diligent research may lead you to a vehicle to provide income AND lifestyle!
(c) Copyright Kim Beardsmore
Kim Beardsmore is a distributor for an established MLM company that operates in 59 countries. Built upon 25 years experience, and a proven business system, this is "business in a box" that anyone can operate. If you are interested in earning money from home, we can show you how to generate a profitable business for yourself in an around your current schedule. Visit now: http://tinyurl.com/5836x
The Secret to Network Marketing Online
Many affiliates online give up as quickly as they join any internet network marketing business. That is the real reason why most of the people who start internet mlm business ventures fail. This article talks about the importance of persistence and ways that you can exemplify this belief for your downline.
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.
A Fast Way to Find Clients
So you've gotten the training certification, made up your business cards, and started your web site. You've discovered your niche, and you have been marketing ? aggressively even!
Why 95% of MLM or Network Marketing People Fail with Their Home Based Business
Every MLM or network marketing operation offers the same promises for their home based business of being easy to operate, no real skills required, huge earnings potential, retire on a rising passive income in as little as 5 years and have a greater quality of life with more time available for your family by having a home based business. Do the promises live up to the expectations? Yes but for only 5% of the candidates - 95% normally fail - WHY IS THIS? Here we debate some of the controversial reasons for this phenomenon.
What 15 Years in the Network Marketing Industry Taught Me
Just whisper the words "network marketing" and you're bound to get an emotional response from your listeners.
How To Attract, Excite, and Convert Your Prospects
The Power of Marketing
Network Marketing Training - The MLM Success Secrets to a BLAZING One on One Presentation
The One on One MLM Presentation is key to Success in Network Marketing. How do you do a HOT One on One Presentation in Network Marketing that is riveting and SCORCHING? If you learn how to, your sales will double and recruiting explode. And it is very simple to do if you know how.
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.
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. Whether a person is a fresher or an expert, anyone hardly knows about MLM business in depth. Some of the associated myths are:
MLM, Pyramid Schemes, and Matrices
Have you ever wondered what the difference is? MLM operators claim they're not operating a pyramid scheme. Matrix and "forced matrix" operators claim that what they have is better than MLM. So what are the differences?Pyramid Schemes:Pyramid Schemes are illegal in the USA, and probably abroad. We all know how these schemes work, or at least get the jist of the idea. A person (the originator) starts by sending a message to several people. Usually people he/she knows. The message in some round about way, will tell everyone to send him $5 or so...and then send the message to someone else. All the while adding names to the list, and each new recipient must send money to the first person, second person...etcThere are a million variations of the Pyramid Scheme, but the main attribute that define a pyramid scheme ( also known as chain letter) is that there is no product, it's just people sending money. The term "Pyramid Scheme" is derived from the fact that it starts with one and the size of those involved increases as you move towards the bottom. On paper, it looks like the shape of a triangle, or pyramid.Multi Level Marketing:How is MLM different from a pyramid scheme? After all, on paper any MLM looks like a pyramid in reality right? The differences are very simple. In MLM there is a product being sold. Income is generated from "commissions". It's actually a pyramid scheme, except that the participants get something back...regardless of whether the people they refer actually pay for something...In MLM, the participant always gains from their investment. The catch is in the value of the product that the participant receives. This is the reason that MLM is so big on the internet. Because, information can have a monetary value, and it cost the distributor nothing. So ebooks, software, newsletters...etc... these are the most common products used in MLM. MLMers have added tangible products as well, and home products were the first to use MLM as a primary marketing strategy.The Forced Matrix:With so many MLM programs on the market these days, originators have tried to make their programs more desirable than others. Hence the forced matrix idea. In a regular MLM program, your monetary gains are based entirely on how good you are at marketing the program. However, most people arent' very good. So it would benefit the less talented if they had help from the talented. Basically, if the number of people who can join under you is limited in any way...then it's a forced matrix. The idea being, anyone else you refer extra..will go under someone else. The best implementations put the extra person under one of the people YOU have under YOU. Hence it helps the person under you, which helps you too.The term is tossed around a bit, and sometimes not used at all. However, that is what defines a forced matrix. Sometimes numbers are used to describe a forced matrix more thoroughly....like "4 X 4 forced matrix" for instance. Which might mean that you can only have 4 people directly under you and only 4 people under those 4 who you recieve commissions from.There is a hi-bred idea that has become common now, where by a person can deliberately place a referral in another line of their choice. A sort of traffic control attribute that helps originators get their referrals interested. This has been an attempt to make regular MLM more appealing, and it has worked. In fact, forced matrix MLMers have even implemented the option in their own programs.The benefits of either are about equal. With a forced matrix, you stand to earn an income faster, but increases in income are slower because your referrals get forced further down the line from you. With regular MLM you have a stronger base, and sustaining it is generally easier...but first profits can be slow. If you want a little income faster, go with a forced matrix. If you want BIG profits and are willing to work a long time for it, go with regular MLM programs.
Increase Business by Squashing Your Fear of Phones
Phone skills are very important when you have your own home business. If you are like me, when I started out, then you may think you are going to work entirely online and not use the phone. However, there will come times in your business when you must talk on the phone. In fact, you will probably talk on the phone a lot when you have an "online" home business.
The Brutally Honest Approach to Network Marketing
Network marketing has quickly become one of the fastest growing ways to work at home. Sometimes called Multi Level Marketing or Affiliate Marketing, Network marketing is based around the concept of recruiting. You join a program that utilizes network marketing to sell a product, and you make money by recruiting new sellers who have purchased their products from you and are now selling their own. You may get a cut of their sales and their recruits' sales and so on for many levels. The possibilities are endless, and so is the income potential. So it sounds all gravy right? All you have to do is get your business up and running by joining the program of your choice and recruiting new prospects.
Network Marketing - What Are the Benefits of MLM?
Why is that the case? We have a University system that teaches you how to be a worker drone in the collective! You go to school and get an education, then you get a job and work in the 45 year plan and then you retire and live your golden years depending on other people. What a wonderful concept!
Ten Tips for Success in MLM, Network Marketing
MLM, Network marketing is the ordinary person's best opportunity to make extraordinary income. Well known author, Robert Kiyosaki, says that most ethical MLM, network marketing businesses are like business schools. They teach people the power of building their own home business, and provide the tools to support that. You must choose the right business for you. Then, work to attain success.
Tips to Setting Boundaries: Making Your Office Your Own
The American Dream. Quitting your 9-to-5 job to start your own business and work at home. More and more people are making their dream come true. But before you quit that job and set up your home office, there are a few issues to consider.
Making Money With Any MLM Program
Multi-level Marketing companies abound by the thousands. A great many well-known economists are predicting this form of selling to become the prevailing method of selling by the turn of the century.
MLM Recruiting Success: The Ultimate Objective in Network Marketing Recruiting
If you've been in this business for any length of time, I bet you have heard a lot of recruiting trainings, and there are some incredible MLM teachers and Network Marketing trainers out there to help out.
EXPLODE Your Network Marketing Team Into An INCREDIBLE Recruiting Machine!
Let's face it! Most people who join a Network Marketing Company assume that their "A" number one function is to Prospect! Prospect! Prospect! ? Enroll! Enroll! Enroll! So, they spend much of their time, money, and effort prospecting and enrolling, never realizing that these new people will need training, especially if they have never marketed before.
Online Business Myths You Must Avoid
Can YOU imagine what the average person, like you and me, face when searching for a real online business opportunity?
What is the Secret About a Multilevel Marketing Business?
Maybe it is the stigma attached to it, that all MLM businesses are scam, fake and plainly out there to get your money. In fact nothing could be further from the truth. Yes, there are some nasty people out there who operate MLM businesses, but there are a whole lot of ethical, honest and fantastic business opportunities out there who will give you a once in a lifetime chance of becoming financially independent.
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