| |
| |
|
Network Marketing Information |
|
|
|
4 Unfortunate Myths About Online MLM
Experts and newbies are alike in misunderstanding the way online MLM works, and under-estimating the steps involved. 2 examples of common (but untrue) MLM myths are: "An Internet Marketing Expert is an Automatic MLM expert" and "Make a Ton of Sales, And You Make a Ton Of Cash". People fall for the same old myths about how these programs work. And these end up costing them hundreds or thousands of dollars a year in wasted time and effort. Acquaint yourself with these 4 myths, and protect yourself from the online hype and misconceptions. Myth #1: MLM On The Internet Can Be Wildly Profitable in One Month The most unfortunate and damaging myth about online home business is that the income can come quickly. It *may* be possible for a "big dog" with an established network of partners, to create a residual income of $1000 in one month. But this will never happen for the average person building from scratch. Consider this: The average internet MLM pays $2 - $7 per person in an organization. To earn $2000 - $7000 per month, you need 1000 people in your organization. This is very possible to achieve. But it takes time. Myth #2: "It's A Ground Floor Opportunity - You Must Join Today" When someone says: "Ground Floor Opportunity - Join Today" what are they really saying? Is it: (1) "People who join after me have less chance of making money than I do" ? OR (2) "The company will be useless in 2 years time" ? Would you want to take a year or two to build a good residual income, only to have that income disappear? And what would happen to the suckers who join in 6 or 7 months time? A good business opportunity should actually *improve* with time and exposure. It'll be based on products (or services) - and delivering more in product value than the dollar amount people are paying for it. (Yes it IS possible to find such companies on the internet, I know a few). Myth #3: Make A Ton Of Sales and You Make A Ton Of Cash The way MLM (truly) works best is if a large number of people each help each other to make a small numbers of sales. Let me show you what I mean: In an offline business we were in, a guy joined who was an awesome direct mail marketer. Soon he put together a masterly direct mail campaign to promote this opportunity. He invested a lot of money then unleashed his packages. In 5 weeks he had several hundred people in his downline, and was earning several thousand dollars per month. But within two years he had dropped out of that company. Why is this? It's because almost none of the people he brought in were able to do what he was able to. So he wasn't able to help them grow their businesses. (He possibly didn't have time to help 500 newbies). And since the monthly purchase requirement was $130 in this particular company they soon started dropping out. The point you really ought to understand is this: "In MLM, you don't make much money from making sales - You make much money from building an organization!" This brings us nicely to the next and final myth: Myth # 4: You Build From The Top Downwards Many people feel that you "come in at the top", then bring people in "under you". They reflect this in their attitude to the job. If you're smart, you'll know better. You build from the bottom. At the start, there's no one else in your business. You just have a dream, and help from your company and upline. Imagine you're trying to erect a building. You find 3 bricks and place them in your foundation. But you must physically support these from below. Yes, they're heavy at first, but you do the job. You continue to support them. One morning you wake up and there are now 9 bricks in your structure, from the 3 you started with. You're supporting a 9 brick structure now, and because you do, it continues to grow. Eventually, you look up and find that you have a solid building. Can you see it? The bottom "bricks" are people you recruit and assist to take their first steps as marketers of your opportunity. When they help other people, your organization expands. The point is that the engine that drives lasting MLM growth is people helping other people, in small numbers, and everybody doing their share. At the beginning your job is to sponsor a small number of people and support them, and encourage them to make sales ... encourage them to encourage other people in the same way. Once you build a small group of people and the helping culture takes hold, you'll start to develop a rapidly growing organization ... that grows rapidly and wildly with a momentum you couldn't stop, even if you tried to. You'll have an online home business you can be proud of. ------------------------------ About The Author Copyright 2004 Luke Ilech Luke Ilech is a freelance writer with special interest in online home business. Learn 7 closely guarded secrets to success in ANY good online networking or affiliate opportunity by visiting his website. This knowledge can pay you for years to come! And it's still F'ree at: http://www.systematicmlm.com/?share
MORE RESOURCES:
Network-Marketing - Google News |
|
|
|
RELATED ARTICLES
Network Marketing Training - The MLM Success Secrets to a BLAZING One on One Presentation The One on One MLM Presentation is key to Success in Network Marketing. How do you do a HOT One on One Presentation in Network Marketing that is riveting and SCORCHING? If you learn how to, your sales will double and recruiting explode. EXPLODE Your Network Marketing Team Into An INCREDIBLE Recruiting Machine! Let's face it! Most people who join a Network Marketing Company assume that their "A" number one function is to Prospect! Prospect! Prospect! - Enroll! Enroll! Enroll! So, they spend much of their time, money, and effort prospecting and enrolling, never realizing that these new people will need training, especially if they have never marketed before.Of course, enrolling new people is SUPER important. Who Else Wants Their Share of Residual Income Without Having To Go MLM? (or how I increased my monthly revenue while sitting at the beach in Africa?)Last week, I read a very cool case study written by Anik Singal (sorry, can't give you the link to the case study, it is available only inside his exclusive Affiliate Classroom, which I highly recommend, by the way http://www.membership-site-reviews. MLM Leads - The Top 15 MLM Lead Companies in Network Marketing That is a sound of music to my ears. Why? I worked MLM Leads for nearly 8 years, and had great success with them. The Importance Of Cash Flow In A Network Marketing Business Many networking marketing affiliates and mlm business owners face one problem. It's the question of cash flow. Finding The Right Business For You: Getting Paid There are many different reasons why people choose to get involved in network marketing. Although it may not be the primary reason for many people, getting paid will be rank high on most people's list. MLM Training - Creating an EXPLOSIVE Start with Your New MLM Distributor Ok.. The Lurking Affiliate and MLM Junkies Ever since the introduction of money making programs became available. Mis-guiding experts decided to become more of a nuisance than provide realistic help to the newcomers on the net. Five Steps That Will Help You Succeed in Niche Marketing Niche marketing is a manifestation of how much internet marketing has evolved in recent years. Niche marketing is based on a real world model, that is, it is a business strategy that is focused on real people with real needs and with real money to spend. MLM Recruiting Training - The 10 Questions about Your Network Marketing Recruiting Presence MLM Presence.Does yours work FOR you, or AGAINST you?Good question! Many times, in a Recruiting session, your presence totally will set the environment for how the recruiting conversation or appointment goes. 10 Killer Ways to Promote Your New MLM Program Terrible isn't it?You just joined this wonderful new MLM and you're rearing to go! Then you think.. Networking Tips for Moms at Home Plenty of moms today stay at home. After a year of battling the decision to quit my job, I finally "put my foot down", as they say, and returned home to raise my daughter. MLM Home Based Business - Generating The Leads You Need The biggest challenge for most any MLM home based business has nothing to do with selling its products. The chief hurdle a MLM home based business usually faces involves building a successful downline. Online Business Myths You Must Avoid Can YOU imagine what the average person, like you and me, face when searching for a real online business opportunity?With all of the online hype today, I encounter dozens of dozens of well written, professional websites promising that they are the BEST deal for YOU. It's so confusing, and fool me, I have wasted my time and my money on some of those false deals when I started my online journey. Five Ideas for Unique (and Cheap) Marketing Home-based businesses generally lack the large marketing budgets of bigger companies, but a smaller budget doesn't have to stop you from engaging in clever and effective campaigns.When marketing on a budget, you need to "think outside the box" and go beyond the obvious marketing approaches. Network Marketing - Lifetime Residual Income What is network marketing?Many of you might be asking yourself a question: what is network marketing? To describe what it is, it is necessary to describe what in includes. First of all, you are building a marketing network to promote some product or service. The Returns of MLM Distributors are paid through compensation plans. These plans consist of rules. MLM Recruiting Success- The 2 Types of People You Will Talk to in MLM There are only two types of people you will run across in MLM.To be blunt, they are in every business. Network Marketing Online Saves Time Network marketing online is a great way to do business from home, at your own time and pace. Moreover, the vast resources of the Internet are at your fingertips. The Case For A Network Marketing System Networking Marketing systemModern congested lifestyles makes it very difficult to carve out time for residual income development. However, facts show us that it's needed now more than ever.
|
| home | site map |
| © 2006 |
