you are going to start a home based business in the network marketing industry, you need to know that you will be in the leadership development business as well. In reality your product is the marketing system that you use and the people who come out on the other side as your leaders.
Your job is to learn how to become a successful home based business owner and to teach others how to do the same.
Even though you can make a great deal of money in network doing it the right way, you must understand that network marketing is a business model designed to accrue value and net worth over a period of time. The average Joe needs to stop looking at the MLM business plan as a quick fix for his/er financial problems and start looking at it for what it is: A financial asset like a CD or mutual fund that grows exponentially and pays out over time.
Mike Dillard, creator of Magnetic Sponsoring said that "95% of the people who join a network marketing company have no ideal how to market, and that's why 95% of them fail. They had no intention of becoming a professional network marketer, "yet that is exactly what they need to become if they wish to make a full-time/six fiqure income in this business."
You can have the greatest product or service in the world but if you don't know how to market it, what good is it. What good would your product or service be there is a "proven marketing system" in place to promote it.
Unfortunately space does not allow me to go into a lot of detail about marketing strategies, instead lets take a look at what your marketing efforts should focus on.
If you have looked at several network marketing ads you may see some similarities in their marketing. For />
All you seem to hear about is:
- How the product will change your life... - How amazing the compensation plan is... - How debt-free the company is... - How rich and intelligent the owners are... - How they have "no competition"... - How they are in pre-launch and you can get in at the top... - And my personal favorite - "How it will be the next Microsoft!."
To be of it really matters. The reality is NO ONE CARES what your business is, what it does, or even what products you sell.
When I say no one cares about your product or service,www.jordan12obsidian.org, this is what I mean.
You need to understand that people who are looking for a business opportunity are not out looking for your product,Nike Air More Uptempo Olympic, they are not out looking for a juice that is full of antioxidants,or a more potent vitamin. They are not looking for a service that will give them a discount on phone service or discounted travel.
What they are looking for is a solution to their problems. The problem could be,Jordan 12, they hate their job,Jordan 12 Obsidian, or they want to spend more time at home with their families. Maybe they need extra money to retire on, or they want to get out of debt.
This may surprise you but your product or service is not the solution to their problem. Learning to successfully market those product and services to produce an income can become the solution to their problem... if... their problem is not having enough money to do the things they want to do.
If you don't remember anything else remember this. The Fastest Way To Get Rich Is To solve other people's problems. If you can market a solution to people's money problems in the form of a complete franchised automated marketing system that is duplicatable, you are going to make a lot of money.
With a complete marketing system like this, your job should consist of 3 tasks.
1. Provide good customer service.
2. Sign up new recruits through the system.
3. Teach your recruits to give good customer service, and teach them how to recruit others through the system.
That's i
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