Be Successful In Multi Level Marketing – A Few Success Tips
January 8th, 2010
During the past 50 years, every so often, someone will walk up to you and ask you a couple of questions. It may be a friend or relative, but more recently, it may be a total stranger. In almost every case, your first thought is; “Oh, boy! Here comes the next pyramid scheme.” In the beginning, that was not the case, because no one had ever heard of this type of business. So, for those who still are not sure, here we go. Multi level Marketing MLM, here are a few success tips. This is not a new idea. In fact, if you are over 50, you will likely remember your parents having friends over to talk about a business opportunity. This was Amway. There were several others that pioneered the industry, including; Nutri-bio and Shaklee. Before the Internet, information did not travel as quickly, so if you one of the early players in this type of business, stuck with it and worked hard, you are likely very rich now and enjoying the benefits of your labor. However, with the Internet now being a primary player, more companies are making MLM the marketing concept for their business, but equally as many scam artists are offering what may appear to be real home based businesses, but are illegal Pyramid Schemes. First off all, realize that the legitimate companies that are marketing their products via an MLM are legally structured business models. Every company that directly sells their products/services to the end user is not a scam. Many of the companies trying to get you to spend your money with them may be scams, but the concept is legal and if worked properly, can offer many people an opportunity to make a lot of money. BUT THEY ARE NOT GET RICH SCHEMES! In the beginning and until recently, it was pretty easy to find good solid companies that had chosen this direction to market their products/services. The Internet has become a prime player in these types of businesses, but even now most people do not understand how this business works, so they shut themselves out and anyone trying to present a program to them. It is truly amazing that MLM has evolved to where most people have more credibility with total strangers than their relatives and friends. Some of this comes from the fact that many people who have become believers in MLM have done a good job in making that decision, but have become MLM hoppers! These are people that are still looking for a free lunch. Anytime they see a new concept, a new product, a better compensation plan, they are off! They will drop whatever they have been doing and move on to the next great deal! THIS IS A HUGE MISTAKE! And they continue to contact the same people that did not believe them the first hundred times they came to them, so now to your relatives and friends, you have become their mortal enemies! Every MLM company must sell something. If you get approached by someone telling you otherwise, that is a very quick way to get into trouble. By definition, you must sell something to be a legal MLM company. Assuming you have found one that you like, treat it as a real business, even if you just wish to do it part time. The first step is to try the products. Not for a day or two, because you are excited about your upcoming millions, but for a couple of months. Get a track record on how the company completes orders. Are all products in stock, or are things being back ordered? Does it take a long time to fulfill your orders or do you get timely deliveries? Do the products turn your skin green, or make you sick to your stomach, or is your skin soft and silky and your stomach is flatter than it was before you started? As you find customers that use and buy your products, regularly, then and only then, should you start discussing the business opportunity that is attached to your company. When you meet with them, you can explain that there is an opportunity to earn more money, later, but establish that they need to do what you are doing and that is building a small residual income by selling your products/services at retail. Now, if you are just starting out in this industry, and hopefully you are, because the biggest new problem with this industry are people called MLM hoppers. These are people that are always changing companies. Newer, bigger, better, more money offered, etc. Are the reasons that people do this, but again, think about this. If you are always changing, the efforts that you put into the first company is wasted. Here you spent time building customers and started a down line, and you built everyone to believe that this company is the next coming. Now, you call everyone to tell them about your new deal and a couple of things happen. You instantly lose credibility. You also, likely start alienating friends and relatives because they think you are a flake. So, if you start something, finish it for a change. Eliminate your fears. If you find a company that has some successful history, has great products/services, has a compensation plan that can earn you good money and is fair to the down line people, get in and give it a shot. But, make it a legitimate shot. If you decide to get into the direct selling industry, even if it is to be part time, then devote some time to it and do it properly. Build the retail base, get some happy customers and then build your mega company. Do it the same way the Bill Gates built Microsoft or the way that Ray Kroc built McDonalds. This will give you what you want out of the business and you will earn money, enjoy some time freedom and likely have some fun. You are going to be amazed when you learn about the money to be made with MLM Multi Level Marketing now! There are several ways to create a growing passive income when you enter Multi Level Marketing MLM.
Categories: Home Based Business
thanks for the awesome post. MLM has become a joke because everybody is always moving to the next best thing. Attrition is horrible, and 99 percent of people are losing money.