Sunday 27 May 2012

The Right Way to Profit in Your Network Marketing Business

By Karyn Weger


You probably have been hit up more than once by your family or mates to join their network marketing company, and more than likely, you either joined or at least considered it.

You saw that network marketing could be a amazing opportunity for you... And it can be, but only IF you follow the required steps.

What You Need to Know About Network Marketing

Let's start with the basics, as there are some serious misunderstandings out there.

Network marketing, or MLM, is a group of people selling a product or service, and earning commissions. That's it.

But what makes it different than just any other "sales" job, is that you build a team of individuals to work with, and you participate in the commissions of your group. Therefore , if you are successful in building a giant, productive team, you can generate an amazing profit.

And perhaps even more exciting, your earnings is residual, meaning it can continue to pay you far into the future.

What You Must Know to Profit in Network Marketing

What most individuals never master about network marketing is online marketing. When you're brought into your company, you are going to be taught many normal offline strategies to try and grow your downline.

You will be told the "three foot rule"... Which is to pitch anyone that gets within 3 feet of you. You'll be taught to write down every person you know and every acquaintance, and to call and ask them to a meeting. It keeps going on, but essentially you are told to blindly pitch your product or opportunity without any forethought.

Selling online however, is a totally different undertaking. Number one, it is targeted. No capable marketing agency, as an example, would ever ignore targeting. Your audience must fit your message, or it's simply a waste of time and cash. This is why you do not see advertisements for cat products in dog magazines!

By targeting your online marketing attempts to folks fascinated by network marketing, home based businesses, online marketing or simply techniques to make extra cash, you create a big advantage for your recruiting. You're now going to be dealing with qualified, receptive prospects.

The next step will be to scale your online marketing attempts to capture as much traffic as you can. If you are paying for advertising, you can simply run more advertisements. But if you are looking for free traffic, you'll want to blog regularly and become involved in social media groups that share a common interest in your message. This can bring prospects to you that already need what you are offering. A win-win relationship.

Traffic brings leads, or prospects. So for optimum results, concentrate on getting traffic every day to your internet site. They'll notice you are prospecting effectively, and will need to learn from you. Eventually, you'll have a stable flow of leads, tons of prospects and many new marketers excited to join your business.




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