Top MLM Blogs

Archive for March, 2010

After revising my library of marketing tools I came across the most simple way to build an MLM downline.While most gurus will try to sell you systems, gadgets ,software to make this process easier at the end of the day most mlm distributors are more confused than when they originally started the business.Here’s the info that will help you in your business and it’s as easy as 123..

Believe it or not most people spend more money on advertising their mlm than the opportunity itself.They’ll usually join at the lowest level of the comp plan and spend 5 times that amount on advertising .This can be anything from co-ops, ezine newsletters, full page magazine ads ,you name it they done it.

So what does it take to build a successful downline and make enough to quit your job? The average american makes about $30,000 a year averaging to $2,500 per month, for some people it will be less but we’ll use this as a guide line.Most MLM’s pay out a 10% on the the total volume, meaning you would need about 250 members on your team ,with a $100 autoship which adds up to a $2,500 monthly residual income.How long would this take for the average person to accomplish? Research says that about 2-5 years, that’s if everyone stays on autoship but reality is about 25% will drop off in the first 90 days.That means you must continue to build upon that and have your team duplicate exactly what you are doing.

The average mlm’er will target their warm market which is about 50-100 people.After that list is burned most team members are left feeling like as if they were stuck in the middle of the ocean with no way of getting back.Which will reflect in their business slowly dying and your commission check vanishing right before your eyes.

Leads is like gas to your business, If you don’t feed leads to your downline you won’t have a business and it will die in about 63 days.The key is not to join several programs and hoping one of them is your lucky star, instead your focus should be having a steady flow of leads for you and your team while earning a commission.

Here’s the 123 punch to take your business to the next level and quit your job in the next 2-5 years without fail.You need to let all your team members know, this is how we are going to build our team and by the way make an additional nice commission .You should already have a lead source that everyone in your team can have access to.Making about 5-50 calls a day and working it to about 1k calls a month.Starting with 15-30 minutes a day call,email and mail those leads every single day .This duplication can add up to 2 six-figure incomes when you work it the right way.Here’s my two secret weapons to achieve this .The lead source /training combined and the business to make this process faster.

Like most businesses out there, without customers you are’nt in business for long.Same goes for Network Marketers who want to build their business Online or offline.If you don’t have a constant flow of leads that can be turned into paying customers then basically you are running a non profit organization from the un -comfort of your home.

Here’s the 5 biggest mistakes people do, not to generate leads for their business.

1. Checking their skype every 15 minutes , not networking and learning new marketing strategies but just looking for the latest dirt on other companies, basically hang out on the forum acting busy.
2. Checking your emails every 30 seconds. You’re about to write you’re article of the day or write ads that normally will take you about 1 hour to get done, now it has taken 2.5 hours and you are no where to be finish with your daily money making activities.
3. Becoming a webinar/seminar junkie. Yes these sessions are excellent ways to keep yourself in the loop on your business, but when all you do is register to every single webinar out there thinking you are being productive , there goes another day of less money making activities and little to no leads.
4. Purchasing every product that hits your email inbox. You are currently a Network Marketer but a new course comes out on “how to Dominate ClickBank” which has nothing to do with network marketing and you easily get distracted on the latest product promotion, yet you have failed to dominate one marketing strategy to improve your business resulting in little to no leads to your business.
5. Blind leading the blind. Yes there’s tons of marketers out there being told to posture themselves as leaders while still being a newbie, and two newbies doesn’t make a Guru .Smart newbies follow people who are already getting the results they are seeking .

This has been a small example of the biggest mistakes being made. To get on track on how to generate more leads regardless of the company you are currently promoting click here.

In the business world, MLM marketing is a form of marketing that is mostly used by companies who don’t want to have pay for the full time employment of marketing and sales staff.  Instead, with MLM, which is an abbreviation for multi level marketing, the company finds and recruits people to join them in promoting and selling their products.  These people that join them only get paid when a sale is made.  They can also get paid when they help bring someone else on board with the company and that person makes a sale.  One common way to go about doing this is simply cold call prospective customers about what you are selling.  In order to avoid the nightmare of an MLM cold caller, here are some tips to help you prepare.

Not many people can say they enjoy cold calling, as it can be not only stressful, but also nerve racking at times.  Most would probably prefer to not have to do it, but if you want to earn money in the MLM marketing business, you really don’t have much of a choice.  To avoid the nightmare of an MLM cold caller, the best thing you can do is to be well prepared in advance.  You can start by making sure that you are familiar with all of the products or services that you are trying to sell.  You should know every single aspect of them, inside and out.  Make sure that you are confident enough about the products to be able to answer any question the prospective customer might have about them.  Being prepared in advance should help take a lot of the edge off when cold calling.

Another tip to help you avoid the nightmare of an MLM cold caller is to spend some time going through your list and focus your attention more on those that are more likely to buy the products.  You don’t want to waste a lot of time trying to convince someone why they should buy this product you are trying to sell, only to have them decline in the end.  A good place to start would be with friends and family as they will trust you and your opinion more than someone you are cold calling.

And finally, the best way to avoid the nightmare of an MLM cold caller is to simply be honest with the person you are talking to.  Honesty is always the best policy for a reason, as when the person you selling to trusts you, you are more likely to make a sale.

Hi my name is Victoria BelCastro and this is my MOMtrepreneur real story.Hope you enjoy this …

For seventeen years I’ve lived with a constant reminder of the shoulda coulda woulda. Knowing that the only thing I can control is what’s infront of me.  Since my early childhood I knew who I was and who I wanted to be.  With hard work and determinaton, I could easily plan my future, or so I thought.   As a teenager I was convinced that I was invincible.  What I thought I was in control of was abruptly changed a few weeks after my sixteenth birthday.  Due to one traumatic night, my competence has become insignificant.  After awakening from a two month coma I realized that I was no longer in control of who I wanted to be.
I’ve been directed by many people who thought they knew what was best for me.  Because of my ignorance I chose to follow a path that lead me nowhere.  I was like a puppet on a string, lead by everyone and their advice instead of choosing my own path.  The only reason for determination was my search for dignity.  Even though I graduated with my high school class, I still felt lost.  I was reaching for the unreachable.  Touching the untouchable.  I was lost knowing that I will never hold in my hand the scholarship I worked so hard for.   My life has been based on searching for that one day.  The day I will find the power of achievement.
I continued that search in college.  Beyond dignity was competition.  A continuous battle to prove to myself that I was better than what people lead me to believe.  The harder I tried the more I failed.  Without a chance to succeed, I was forced to give up.  The education that I had receive was never good enough, not for me.  I went from working endless jobs for doctors to endless jobs at hospitals.  I always thought there was someone or something changing the direction I wanted to go, but now I know.  That person was me.
After many hours of reading, researching and investigating a way to improve my lot in life, as a stay at home mom with triplets, I came across this exciting website.  I didn’t have the money to waste on “just any” home business.   I knew from the start that this was where I needed to be.  As I’ve progressed in the company I’ve realized that I’m finally in the direction I need to be.  My sponsor has been invaluable in helping me reach the goals that I have set for myself.  He has helped me find the answers I seek to achieve what I thought was unreachable. Here’s the business model that’s helping me reach my goal.

MLM stands for multi level marketing and it is a marketing configuration that is utilized by some companies when they don’t want to have to pay to have a full time sales and marketing staff on hand.  Instead, these companies will recruit people to help them promote and sell whatever products and services it is that they are selling.  When someone comes on board, they will usually be asked to provide an upfront payment in advance which covers any training or learning materials they will need, in addition to sometimes providing them with inventory.  The way the system is setup, the person does not get paid until they make a sale.  This is what makes it hard to be successful in this field, but it is possible.

If you have found yourself trapped in MLM newbie land, here some tips to help you escape.

First of all, you need to realize that there is no such thing as easy money.  No job just hands over money without some hard work being involved and MLM marketing is no different.  A lot people hear some success stories of people who have made good money in MLM and they think they will just sign up and instantly be rolling in the money.  That is not the case however, as what people often don’t hear about is the dedication and hard work these successful people had to put in before they found success.  If you go into this business thinking just because you work from home that things will easy sailing from there, you will end up trapped in MLM newbie land for a long time, until you realize otherwise.

The biggest part of MLM marketing is making new contacts and finding people that will buy the products you are helping to sell.  If you can’t do this, then you will end up trapped in MLM newbie land.  Plus you will be broke since you won’t earn any money.  The best way to find people to buy the products is to find people that are already familiar with the products and actually like them.  This will prove to be much more worthwhile than simply just cold calling random individuals or emailing people who you found on a mailing list.

To not end up trapped in MLM newbie land, you need to work hard at trying to sell the company’s products.  One way to help out with this is to bring more people on board as you will be paid anytime they make a sale, in addition the sales that you personally make.