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How to Succeed in Network Marketing

How to Succeed in Network Marketing

Network marketing has been around a long time, it began with Tupperware parties and vacuum salesmen going door-to-door. Today it is seen across every social media platform and has proven itself to be a source of reliable income. It is also known as multi-level marketing or MLM. Some of the most well known brands in network marketing are Mary Kay Cosmetics, Avon, Thrive by Le-Vel and It-Works!

Multi-level marking businesses are sought after for flexibility, low work hours and low cost start-up packages. It is the perfect opportunity for anyone looking to break free from a 9 to 5 and be their own boss. Are you wondering if network marketing is the ticket to changing your life? In this article we will discuss what it takes to be a Network Marketing success and make the most of your investment.

Find Your Perfect Fit

First thing is to find a company that you can stand behind. Many people see friends posting things like “Want to earn 500 dollars this week, like or comment to find out how.” These offers are tempting to jump on after being sweet talked by your friend about how great their company is and they are probably not lying. However before you make the commitment, spend some time researching the company, its products and reviews from people who found their success and those who didn’t.

According to Business Insider there are easy to spot signs that an MLM opportunity is a scam. The most obvious is that it seems to good to be true, the company focus’ more on recruiting than selling, poor training and pushy sales tactics. Do your duty and spend some time researching before making a commitment.

Have a Business Mindset

Treat it like it’s your own business. This is such a simple concept that it is often overlooked. Doing so will keep you focused on following the training and driven to success, would you open your own business and then put it off to the side for another time? I don’t think you would, it may be a small sliver of someone else’s pie but you have the power to make it as large as you see fit.

Consistency is Key

Consistency is a layered concept in Network Marketing it applies to several facets of your new business. To be consistent with your daily and weekly efforts means reaching out to clients and recruits regularly. This includes advertising on social media and engaging with potential clients. Identify what you can do and don’t set the bar too high. There is nothing worse than promising yourself you will make an effort everyday and then not being able to, it will start a cycle of disappointment that will weigh you down.

Be Prepared to Wait

MLM success doesn’t happen overnight and it requires work. Often times a person buys into a Network Marketing Business because it looks easy. While it is generally a simple business model, especially with social media in your tool belt, it takes time to build a pipeline of clients and recruits. Keep your expectations low and celebrate the small successes along the way. Write down your goals and read them often, doing so keeps you from biting off more than you can chew.

Become a Master at Marketing

Getting yourself out there in a way that inspires action in your audience takes skill and skills develop with experience. The pros that have been doing this a long time started by learning one method of marketing at a time and mastering it. It’s easy to overwhelm yourself by trying to learn it all at once, sometimes the best thing to do is keep it simple.

Take some time to identify which marketing method fits you. This is important because people want to buy from authenticity. I can buy Avon from anyone who is posting on Instagram but I want to buy from the person who shows me who they truly are, who has passion for the products that comes from true desire and experience. Your audience can feel when someone isn’t authentic and will naturally turn away from it.

Your goal should be to sell yourself not your product and you cannot do that if your using a marketing method that doesn’t suit your natural talents and feel comfortable to you. If you feel comfortable making videos about your products and experiences and have a great presence on camera then do that. If you do better in your community talking face to face than do that at the local farmers market. Whatever it is for you find a marketing method that brings you joy and abundance will follow.

Identify Your Fears

An unconscious fear starts as a tiny hole in a boat, small at first and easy to overcome. Then a big wave comes, or a heavy storm and suddenly it grows bigger and begins to sink the ship. The storms of Network Marketing are slow months, loss of recruits or personal circumstances that prevent you from working. There will be disappointments along the journey and with an understanding of your fears you can navigate them with success. A disappointment combined with a fear of failure may lead a person to give up or lose their passion for success.

Build a Community of Support

The beauty of multi-level marketing is that there are seasoned veterans above you and newcomers under your wing. Working with the pros lends confidence and helps a person to feel a sense of belonging. Having newcomers to teach and nurture keeps the passion alive and can bring a person out of a time of low motivation.

According to the Direct Selling Association’s 2018 data there are 6.2 million direct sellers and 36.6 million customers for a total of 34.5 billion dollars in retail sales. Network Marking is the perfect opportunity to become a direct seller and invest in this booming industry.

Stand Out in Network Marketing

Whether your just starting out or looking at Network Marketing as your next opportunity remember to make it your own. The seasoned pros that built Network Marketing into what it is today did just that. They took consistent and purposeful action, they persevered during hard times and kept learning from their mistakes. With so many distributors out there being yourself will sell far better than spouting the same old cookie cutter training.

Get a grip on the networking part of network marketing

Network. Marketing. Two words. Which carries more importance?

To start, a genuine network marketing prospect will want to focus more on the network side of the business than the marketing aspects. The major objective in a multi-level marketing business needs to be to expand, and include, your circle of friends and relatives and invite them to share in your business opportunity.

In building your network, consider the type of people you’re looking to attract. Usually you’ll be able to identify them as professional contacts or social contacts, and each have certain assets and strengths as a member of your “downline,” or team. A professional contact may have a shared business experience with you and should be interested in a money-making venture; a social contact probably already likes you and if only out of courtesy will consider an opportunity you offer.

Both types will want to know that you’re knowledgeable and enthusiastic, and capable of training and leading your team in the exciting world of MLM.

Welcome to networking!

All about picking the right network marketing team

At its bare essence, network marketing is about selling a company’s products, and recruiting people to sell the company’s products. The bonus in a multi-level marketing business is deriving benefits from other people’s work.

First, you’ll want to look for a business that offers support and training for your MLM. Ideally, the products that you are going to sell should have a broad market base.

Next, building a winning network marketing team should be the priority. As an independent distributor, you’ll develop the organization by building the active customer base, those who buy the direct from company to sell under you — the downline that will expand your organization.

In addition, distributors can earn profits by retailing the products that they bought from the company at the wholesale price.

Some people define multi-level marketing as a “great equalizer,” meaning to become a contender you don’t need to have the “proven” background, franchise or education-sized fees to play the game. Some of America’s best-known companies, such as Avon, Tupperware and Mary Kay, fall under network marketing umbrella. These programs are shielded by nominal upfront cost — generally less $500 for purchase of the product sample kit— and provide the opportunity to sell the product line straight to friends, family and associates. Finally, commission plans are often generous, based on volume sold by you and your downline organization.

Liars, scam artists, cheaters and failures call MLM a scam

Without much browsing online, you’ll encounter articles and posts labeling (or labeling) a given network marketing business — “This is a scam” or “That’s a pyramid scheme.” As the majority of multi-level marketing companies are respectable (or respected) do business by the book, complying with laws and best practices, such derogatory Internet items are often long on opinion and short on fact.

As best-selling author Robert Kiyosaki says: “Network marketing is the business of the 21st century.” The truth, alas, doesn’t stop liars, scam artists, cheaters and, well … miserable failures from spouting out their disapproval for a rapidly expanding business model.

MonaVie, an international network marketing company, faced a massive scare in August of 2010. A German law firm announced that a court decision was reached outlawing the MonaVie compensation plan. This libel caused concern amongst distributors and ultimately created a negative buzz through Europe. The misleading part about the story was the law firm lied, completely lied, as it has done many times against other MLM companies.

Pre-Paid Legal Services, a 39-year old publicly traded network marketing company, had similar difficulties from scam artists who practiced “short-selling.” These scammers would spread false negative information causing Legal Shield’s stock price to fall, then the scam artists would buy the company’s stock and when investors learned that the negative information was incorrect, the stock price would rise. This created a profit for the scam artists, yet dramatically hurt the reputation of a rock-solid American company.

Network marketing is a forthright business that requires real effort and time, even a few years, to result in success. Don’t embrace an MLM opportunity thinking you’ll get rich overnight; anyone claiming instant riches is misrepresenting the industry.

Network Marketing Communication is the Way to Success!

Network marketing business is all about relationships. Without good relationship with people your business will fade away. Communication is also an important factor to get success in network marketing business. Communication is a must think to have if you want to get success in network marketing team. Email is a perfect communication source which allows friendly communication, advice, encouragement and motivation without putting anyone on the spot. It allows you to communicate with people and share with them new opportunities by getting people to sign up for your own mailing lists.

As mailing lists are the best resource for fresh, new opportunities, it is very important to sign up for your own mailing lists. Any successful person can tell you, the main reason that he want to be successful in his life. So to get success, you should have a goal and target in your mind. To get success in network marketing you have to enjoy doing it, and also help other forts their success. Network marketing is offering opportunities not only for earning but also for learning. To get good earning in the network marketing the network marketer has to go through learning process. Success can not be imposed, it has to be earned. The network marketing opportunities, which work not just exist, however, are as well doing very well for themselves & their representatives. Few people cannot doubt scoff at the notion. It is understandable considering the number of the businesses, which pose as reputable best network marketing team opportunities.

In order, to give you a better idea what network marketing is & what it isn’t, and let us look at a few of basics of the network marketing. The network marketing is not the industry in & of itself. It is the method of distribution for different product & services. The network marketing organizations generally rely on the representatives to promote & sell company product and service. It saves the company huge cost of marketing it themselves. As well, because the network marketing lets reps to recruit & train own sales team, and they get a portion of revenue that is generated by sales team. When most of the people hear terms network marketing or else multi-level marketing, then they generally tend to think “oh no…! Not other pyramid scheme.” It is good having the basic understanding of fundamental difference between two.

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