Assuming that your network marketing business has a great product and a great compensation plan it seems incredible to see that so often distributors who come into this industry fail to make much money and lay the path to a solid financial future. The leverage that this business style offers certainly is astonishing when you think about the power of developing a downline and having hundreds of people underneath you all eager to grow their business, in theory you should almost be able to take a back seat and watch the profits roll in.
I’ve spoken to many networkers over the last few weeks, some successful and some not, I have concluded that the main reasons people are failing in this industry is because of poor training and not taking enough action! It’s unfortunate that a lot of network marketing companies and sponsors simply don’t provide the required training in order for new recruits to get money into their pockets quickly. Retention rates in this network marketing industry are a low 15% Lots of newbies say that they don’t recieve the help they need from their uplines and it goes without saying that the traditional methods of recruitment do not work as well as they used to.
One of the principles you must learn is that of attraction marketing, I learnt from the great master himself Mike Dillard and since purchasing Magnetic Sponsoring I look at things from a very different mindset, a mindset of success! I’d highly recommend you check out his material. Once you start marketing yourself if you get it right you will attract the correct people to you and you will build relationships with people and done correctly they will be investigating you and your business! better than you having to pitch them endlessly!.
Attraction marketing is very effective when used correctly online. One word of warning though, don’t bother being one of those annoying people that spams the internet by sending links everywhere claiming ‘Best Opportunity ever, get rich quick, The best company since sliced bread’ etc…you know the sort of thing, those emails fill up my inbox everyday. New prospects want to know who you are before they agree to buy your stuff of join your company, therefore you are much better off marketing yourself and what you can offer to your prospects in the way of overwhelming value and support. Always give real value!
Always remember to captivate the attention of your prospects you must offer them authentic value, take things to the next level and be the one who rises above from the marketing noise and be someone who is respected and sought after. Its very important that you have systems employed that will do most of the prospecting for you on auto-pilot, systems like autoresponders and using video marketing, emails you compose one time and then can be read by thousands over and over again, videos you produce once and can be viewed by millions.
It pays to make sure your team is aware of these strategies so they can maximise their results and in turn benefit you. Attraction marketing is the way to go, not spam marketing. By teaching these methods to your downline you will experience a far improved retention rate. There is much more I want to share with you, but I will need to write another article for that
The sales funnel that I employ I think is the finest on the internet, it will scientifically recruit and sort each and every mlm network marketing lead that you generate, stop by my blog for additional info & free MLM training.
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