Archive for October 27th, 2009
How to fail in MLM marketing
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!
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