Sunday, September 18, 2005

MLM Success - Working The Free Business Plan

Free business advertising plan should be the main priority of new network marketing business builders. In the beginning you will need as much confidence as possible in MLM business so spending money on recruiting and advertising should not be encouraged.

There are many ways to generate free leads for your business. I'll mention this again, helping people around you is the best way to achieve this. You don't have to sell anything to your friends and family but make them aware of the new business you are involved and ask if they know anyone that might be interested in what you are marketing.

Getting referals from someone that you know or sold to is one of the best way to get free leads. Imagine you ask 5 people for 5 leads every single day. There'll come a time you will not be able to handle the number of leads, because they'll be too much for you to handle.

In my organisation, everyone that join are encouraged to work their free advertising and retail plan, at least to the minimum of their effort. You will not be allowed to continue with more expensive option till you have done the free advertising business plan. There are so many ways of doing this. One of the ways of working your free business plan is to do a grand opening for your business by inviting your friends and families to come and help you celebrate the start of your home based business. Many of them will be curious, you will have a chance to speak about your products and the opportunity.

Another fantastic way is to do survey by asking people to help you with a new range of products that you need a feedback on. People like to help, especially when they know that testing your products will cost them nothing. The aim of the survey is to get interested people to test your products, like it and give referals, it is never to sell your products to them. Do it this way and you will never run out of free business leads.

There is absolutely nothing wrong with spending money on recruting and retailing advertising but you want to make, keep and invest as much money as possible in your MLM business. In my MLM business (and in majority), it cost an average of $250 to get a new distributor signed up and $40 to get a new customer.

The more free advertising plan you do, the more money you will keep and re-invest in your business. Nothing comes easy and believe me MLM is one of the top ten things that are advertised online, so majority of the leads are getting colder. If you want a hot responsive lead, many of them are still offline. Use free/cheap advertising plan to bring them on board. Good luck.

Thursday, September 15, 2005

MLM Success - Dealing With Rejections

MLM Success - Dealing With Rejections


Recently in an online forum someone was very annoyed with me because i am too ambitious, how ridiculous. He complained that my will to make a lot of money in MLM is bad, that network marketing should be banned everywhere because it's a pyramid scheme and should be considered illegal.

My answer to this gentleman was simple. In my reply I said "I joined MLM, he joined a pyramid scheme, they are two different things" I went to further explain why MLM pyramid is far better than traditional pyramid (you can read this in my previous article).
The statement that caught my attention most was when he replied, that in general, people have a bad opinion about MLM business.

At first i weaken, then i thought "people", who are they? the majority we see running around 8am every morning fighting the traffic? Then i thought "opinion" not fact... Are opinions not the cheapest commodities on earth? So why should i worry?
The statement got me thinking, but not about "people" and their "opinions" but mainly about how many are the "majorities"; 80% of the population? 50%?, 30%? I started to think of how many people dislike MLM and would not consider taking a look even if that is their last means of surviving...

The truth is the number is high, possibly 70 - 80% of people will not get involved in this life changing business. High number of people really hate MLM, but that is not a bad news for MLM business builders. What do i mean? Well..

MLM distributors get paid high commission because we have to deal with these people daily. Our only motivation is the big checks that come through the post every month. Why should we worry about "people" that will not get involved in our business. The fact is that we should be very happy that majority dislike MLM, for if everyone is interested in building MLM business, then our high commission will not be as much.

MLM companies realise that distributors are faced with objections and rejections daily so in order to distributors continue in the business they will have to reward them massively. The best way to deal with objections and rejections is to make it your friend. Easier said than done, but once you have a state of mind that tells you that you get paid for taking many rejections and turning objections, you will prosper.

MLM business is not for everyone, but for those that stay, they achieve their dreams, create a better lifestyle, a better future for themselves and their children and are built for life because a successful MLMer will succeed at anything.

See you at the top.