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Archive for October, 2009

We’re all aware of how difficult it is to find business builders.

This can be tough…Even with the best recruiting techniques.

For me one of the better ways to find business builders is to Retail to Recruit.

Personally I think your MLM business should be made up of 75% retail customers and 25% business builders.

Why?

Having more retail customers ordering from you week after week, month after month, year after year creates that residual income we all want. Plus you now have an army of customers that are spreading the word about your products. People will talk more freely about products that are doing well for them, then they will about a business opportunity.

In one case people feel they are sharing, in the other they feel like they are selling (guess which one?).

When people talk about products they’re sharing an experience, when they’re talking about a business opportunity they feel like they’re selling.

In my company we make great money with retail sales and business builders. Personally It’s easier to find retail customers than business builders, plus your income is generated faster. (of course that depends on your pay plan, for example I get paid every week with ours).

Let me ask you a question.

Do you think it’s easier to introduce the idea to someone who is in love with your product/service they can have their own business or to someone who has never tried your product or service?

Kinda of a dumb question, because I know you know the answer.

Once someone has been using you product for about 30 days or so. And before I go on I trust you have been in contact with your customer to see how he/she likes using your product. More importantly have they used your product at all.

You would be surprised at how many people will buy a product and not use it.

If you do come across someone who has not used your product don’t say “WHY NOT”.

Tell a story.

For example, lets say you sell product XYZ and you called a customer and they have not use it yet.

Me.. “Hi Bob, this is Carlos how do you like XYZ?”

Bob.. “Oh I have not tried it yet it’s still in the box, no time to busy”

Me.. “I can relate to that Bob. When I first started taking XYZ I started noticing a difference after only 3 days, I  feel more refreshed and with more energy and I am getting the same feedback from my other customers as well. I’ll give you a call in few days and see how you’re doing. Talk to you then, have a great night.”

I did not challenge him, I accepted his excuse and I went on to tell him a story of how XYZ has helped me. Do you think he is going to leave your product in the box for one more day…I doubt it.

But even if he does, just keep telling stories of the things XYZ is doing for you and others

However, if your customer has not tried your product after 2 or 3 phone calls (5 or 7 days). Personally I would offer them a refund. With that the customer will either say no and try your product, or they will accept your offer. If so, great, either way it’s a win-win.

If this person lived in my city I would go over and pick up the product. It’s not doing him or you any good just sitting there. It might as well be given to someone who will use the product.

Ok, it’s been 30 days or so since your customer has been using your product and they love it, what now?

The next time you talk to a customer you can say something like this:

According to my records, it’s time for you to reorder. How would you like to save up to $10 off your next purchase? For every name you give me of someone I can send a brochure to, I’ll give you $1 off up to $10. Is that fair?

Or

If they are internet customers you would be offering them a $10 rebate after they place their next order. Simply tell them after you get the contact names and confirmation of their next order you will send them a check in the amount owing. The above is for local customers that you are personally delivering your product to.

This is a great way to get warm leads.

Then you take a flyer or brochure about your product. Put a yellow sticky note on it and say Hi “Sally” Mary Jones has been taking this product and feels great and thought you might be interested. Your name, your address your phone number.

Then, after you mail the info to the referrals, you call them in a few days. And say:

Hi Sally. This is (your Name), You don’t know me but Mary Jones asked that I send you a brochure. Did you get that brochure? Listen, our product is helping a lot of people around the country–it’s helped Mary.

The product is less than a dollar and a half a day and it’s got 100% money back guarantee. Would you like to try it or do you know anyone who’d like to try it?

(I used what it costs to use my product each day for the above example, replace that with the break down of your products cost per day).

Now it’s been about 2 months after your original customers first purchase. Depending on your products user rate you may have talked to them as little as 2 times, but that’s ok.

Now say something like this:

Hello _______ How are you doing?

Have you experienced any additional positive results with your product?

Listen, I can’t offer you a discount this time. “4″ of the people of the “10″ names you gave me are on the product and they’re loving the product. They’re going to reorder the product. Would you like to supply them and make the profit or would you rather I supply them?

If they say they would like to earn the profit, they have just given you permission to show them your presentation.

Network Marketing is an excellent way for the “average Joe or Jane” to make an extra income. This business concept has been around for decades, and it will not disappear any time soon. The reason for its popularity is simple… It Works! It does however, require lots of work and most importantly, dedication and persistance to get the job done. The best part is, once you are able to set up a solid network, your business becomes MUCH less time intensive. Almost like going on “autopilot”. The key is to get there as fast as possible.

Here are just a couple of tips I have found to be helpful in maximizing your Network Marketing Business:

1. Use your products regularly. This is Number 1 for a reason, this is the most ignored part of ANY network marketing business. How do you expect your business to succeed if you will not even use your own products? It does seem silly to even have to bring this up, but there are many who are not using their own products, and wonder why they are not making any money. Make a commitment to use your products for a year, and see where your business goes.

2. Educate yourself constantly. This is very important! You must rid yourself of negative ideas, sometimes referred to as “stinking thinking”. This can be done in a variety of ways. I recommend reading at least 15 minutes a day, but try to shoot for 30. Business and self-help books are a great way to start. Don’t forget your Multi-level magazines, as they are full of tips and advice. Lastly, listen to cassette tapes on multi-level tips from top earners in your business.

3. Spend as much time as possible with your upline. Your upline should have only one goal in mind, To Help You Succeed! They are a vast source of knowledge and information. Mingle with top distributors in your group, or other groups, and ask how they made it. Most everyone should be more than happy to provide you with excellent tips and advice.

4. Present your products and marketing plan personally to at least one person daily. Remember above when I said you are going to have to work, well here it is. Now here is the key, the prospects to whom you present your plan, do not have to be yours personally. Show the plan for your downline, and not only will you create “security” by placing members in your downlines’ downline, it will also give you a boost in your personal income! I can guarantee if you were to follow this rule for 6 months, you would create a downline with enough width and depth to create an income to sustain you and your family for life.

5. Care for your downline. An entire book can be written on this topic. Usually, it’s the little things that show you really care. Try to maintain regular contact, and always praise your distributor’s accomplishments. You can even offer incentives for specific achievements, such as money, travel, recognition, or other rewards, to help motivate your group.

6. Duplicate yourself by making distributors independent of you. This will help to multiply your time, thus making you and your group more effective. Always lead by example. Never stop recruiting, training and retailing. Remember the KISS formula – “Keep It Simple, Sweety” I know, I know, I changed the last word, but it maintains the meaning. This can be done my conducting simple, brief, yet dramatic presentations, and teaching your downline to do the same.

7. Create a large customer base. This is another largely ignored, yet very important, piece of your network marketing business. Many try so hard to build a huge downline, that they forget how much profit they could also make by selling their products to retail customers. Some people will just not want to become part of your downline, no matter how great a product/system you may have. This does not mean they will not be personally interested in your product. Try to make everyone your customer. Once you earn their trust, they will come to you more, and perhaps even join your downline later. Always “leave the door open”, as people’s needs do change.

8. Focus on your customers needs. You must give customers more than they expect, and always satisfy your customers complaints immediately. Try to listen 80% of the time, and talk only 20%. As stated above, your customers can be a huge source of future referrals and/or business. You must earn and maintain their trust. Once you have their trust, you can always ask for referrals, which leads to even more business and a larger downline.

9. Set daily, weekly, monthly, and yearly goals – and Write Them Down! You may have heard the expression, “How do you eat an elephant? One bite at a time.” Breaking up a larger goal into smaller easily attainable goals, is the key to success. You cannot just jump to the end, you have to make progress everyday. Writing them down is another largely ignored, important tip to help you succeed. A goal is just a “passing thought”, or “wish” until you put it in writing. That is when it becomes concrete and real. It is also a great idea to keep a business journal of your daily activities, as it will help you to become more productive and time-conscious.

10. Get Out There And Do It Now! All of the knowledge in the world is useless and unprofitable, until you put the most important ingredient of them all in place. This “secret” ingredient should come as no surprise at all, but this is the #1 reason for failure at anything in life. It is ACTION! Remember, knowledge is useless without action.

Following these steps will almost give you immediate results. Thank you for reading this, and I truly hope this has provided you with valuable information to help you and your business grow and succeed.

Carlos Anastacio recommends MLMTeamTraining and TrueWealthBusiness

What can you do to accelerate your MLM network marketing business during the Holiday season and gets it going during what most people think as the “sluggish time” of the year for network marketing?

Some things you can do for your MLM network marketing success during the holidays.

1. Fruit baskets.

You can get inexpensively small fruit baskets, put your samples or coupons in and decorate it in the colors of your MLM network marketing company.

Include an invite to a seminar that they can attend at not cost. Give them out to friends, neighbors, associates, clients, customers, and family. You will glad you did.

2. Holiday audio cards.

Send out with your Christmas cards a CD you recorded especially for that person, and wish them happy holidays. Then tell them you would love to chat with them at the start of the year because you want to give them the gift of success.

This is a great way to introduce the concept of MLM network marketing success to these folks.
3. Hold a holiday customer appreciation luncheon or reception.

You can do this at your home. Simply invite your best MLM customers to a holiday appreciation event, and make them the superstars of that party.

Have small gifts for them, and let them know how much you appreciate their business. Then ask them for referrals for the coming year. You will get them from every single person who was at that event.

4. Holiday upline open house.

If you have an organization, you could either open your house or someone who has a sizeable home and invite your MLM network marketing distributors to an open house.

Have them bring guests. Have a party that celebrates the holidays but is sponsored by your company. Let it be a fun social with music and games, and then connect with the guest to follow up in January.

5. Neighborhood holiday mailer.

Go to the library, and look in the cross-reference index for your address. You will notice there are a ton more in that index that are in your neighborhood.

Make a copy of the addresses, as they are your neighbors, then send them a Christmas card introducing yourself as their neighborhood rep, and wish them a Merry Christmas and Happy new year.

Then follow up in January and see if you can set an appointment to chat with them about your MLM networking products. Telephone numbers are included on the cross-index reference guides found in your library. You are their neighbor, and that gives you some instant connection with them.

6. Visit community holiday functions.

The thing is to connect, connect and connect.
You need to connect to new prospects during the holidays and community functions are a great way to do this. Get out and become a “holiday MLM network marketing machine.”

Network and meet people and make new friends and give away something to them as a holiday gift. Make sure every person you talk to has a gift and your card. And that you have some form of contact info as well. Check your Sunday newspaper for where these events are.

7. The holiday success card.

Send people you know, and also prospect a seasonal card, and include within it an article about success, goal setting, leadership, time management, or any other success oriented topic. This will set you apart from the rest.

Rock your MLM network marketing business during the holidays. You will be surprised at what might happen to your business.

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Reminder: Cold Holidays require Hot Drinks, what better than boost sales Introducing others to Healthy Coffee.

Consider this. Having the right skills will get you far in this business. But with the wrong attitude, how long do you think your personal finance in MLM will stay that way? As with all aspects in life, there are things needed in life beside know-how’s.

So it is not really surprising that in the world of MLM, attitude is the strongest determinant of your personal finance success.

Business structure, compensation plan, product and training systems are all important. But without the right attitude, they are just tools lying unused in a tool box – they don’t end up building any real-time personal finance in MLM.

It makes sense for those who are just new to building personal finance in MLM to focus on this all-important aspect. That is, if they want to be successful.

The only question left is what kind of attitude you should focus on.

Be coachable.

There’s no quicker way to fail in the world of MLM personal finance than to walk into a business assuming you already know what is going to work and what would not.

It is true that different people have different strengths. And different methods work better for some than for others. But it is important to remember that if great profits have been made in MLM personal finance, it can be done again.

Get alongside as many of your successful upline as you can. Ask them how you can make your business work, listen to what they say, and then follow through on their suggestions.

If something does not seem to be working, get alongside them again. Ask them what you could be doing differently, rather than assuming the concept itself is flawed.

Understand your purpose.

While there may well be people who get into MLM because they genuinely enjoy the challenges of the sales process, most sign up in this business because it had potential to help then achieve something big in their personal finance and in their lives.

Whether these people saw the potential to provide for their families, to create a financially secure future for themselves, or just to finally be debt-free, there is something in the original opportunity that inspired them to get involved.
Their own purpose.

A big part of motivating people to do the work that needs to be done in MLM is keeping that purpose at the forefront of their minds. If a person wants to get there, he or she got to do what it takes.

Stay positive.

Achieving MLM personal finance success is related to developing the ability to stay positive.

Like anything else, there will be ups and downs along the process. Staying positive through the downs would not just make you more successful in the long run; it will make life far more enjoyable while you are getting there.

There you have it. The three keys to developing an attitude that will lead you to your MLM personal success.

The great thing about attitude determining your success? It is the one thing you have complete control over. You may not be able to do anything to change your company’s business structure, compensation plan, product or training systems, but you can always change your attitude.

Make a commitment to yourself. Learn what you need to learn to change what you need to change. Your MLM personal finance success will depend on it.

A few problems that some new MLM marketing people have:

1. No upline support.

Once a person joins a new MLM marketing program, he or she is vulnerable and needs a lot of help from something or someone.

In many cases, the uplines are not actively helping them. This happens a lot when the uplines are simply sponsoring as many people as they can with no regard to what happens to them after they get sponsored.

In most standard MLM marketing programs, it is important that the new person gets immediate assistance from a local person, or tools and resources you may have available. Otherwise their chances for survival are very slim.

2. New MLM marketers cannot sell.

This is probably the major reason most people do not make it MLM marketing. By using standard MLM techniques, you have got to sell and learn how to speak at opportunity meetings .It takes time to develop the skills and mindset for most people, so this is a big bummer.

3. MLM’er cannot generate good leads.

Next to the selling problem, this has to be the next biggest reason most people fail in MLM marketing.

Here is a picture of what normally happens. The new person has just signed up in an exciting MLM program. He/she is taught by the manuals, meetings and so forth, how they should “share” the  product with  friends, neighbors and relatives.

Normally, he/she is not comfortable with this, and this is typical, they will have many sleepless, tossing and turning nights. He or She  just doesn’t want to “impose” on his friends! They would feel a lot more comfortable just presenting the opportunity to strangers.

4. No true duplicative system.

If the MLM marketing company must be promoted through expensive methods, this is not feasible.
Learning how to sell, or to speak and conduct an opportunity meeting is just not duplicative. Only a few people can do this. Here again, is a very important reason why most  MLM’ers die on the vine.

5. Selling by mail using standard MLM techniques.

Traditional way to marketing MLM is to spend all spare time to call around and travel around to get prospects. A lot of people already have full time job, it is hard to find extra time to travel and make phone calls. This is why these MLM marketers cannot keep their program going.

6. The marketer is not sure about the MLM marketing company or service.

Often a person will sign up in a MLM marketing program in a “fit of excitement.” After the dust clears, he or she comes down to earth and reality slowly sets in.

Pick an established and financially sound MLM company that is at least two years old with unquestionable products or services. That way, you can feel good about the company and products that you are promoting. There is nothing quite like being able to “tell the complete truth” to your prospective customers.

7. They do not stick with it long enough.

Starting any company takes time, and this is true with an MLM marketing program as well.
By the time you study the program, write and receive literature: study this and sign up; get the literature, etc. a lot of time has been spent. And then you have to generate your leads and so on, come on we are humans!

But there’s a solution for Leaders and Newbies in this Industry.Knowing how to put money in the hands of your downline and team members  within 90 days without being an MLM Super Star is as easy as following a simple formula.