Tips For Success in the Network Marketing Industry

Most new network marketers are unsure where to begin in order to be successful in network marketing. Having a knowledgeable coach or sponsor is essential to success; however there are many small yet important concepts to consider. The following tips will set up every new distributor for success in the network marketing industry:

1. Treat your business like a business.

Many network marketers start their businesses part time, or simply to add an extra income. One mistake most part-time network marketers make is not treating the business seriously. People who treat their business like a hobby will never reach their full potential or take in a six figure income with network marketing. The MLM industry offers each independent business owner the opportunity to make as little or as much money as he/she wants, and the freedom to be one’s own boss. Regardless of your goals, it is important to take your business seriously in order to reach them.

2. Create a Schedule.

Set aside certain hours every day or week specifically to work on your business. Set goals for the day and stick to your schedule, or you may quickly become de-motivated. Time management skills are important for the success of any business, career or individual in all aspects of life.

3. Get Online.

Social networking sites such as Facebook, LinkedIn, Twitter, etc. are some of the best ways to connect with like-minded people, and will help you efficiently recruit for you network marketing business. Rather than driving to the homes of your potential recruits, you can host conference calls over the internet, which allows distributors to expand their target audience.

4. Invest.

Network marketing companies often have a poor reputation as they are not seen by the average person as businesses. Most MLM companies require investing time and money into the independent business, however keep in mind you are investing in an asset which will benefit you long term. Purchasing products and investing in business tools is necessarily in all businesses, both traditional and network marketing, and should not be frowned upon.

5. Use the Products.

It is important to the success of your business to personally use the products you are selling. This will give you a better understanding of the benefits of each product, and confidence when selling them. People are more likely to purchase products from you if you use and endorse them. If you simply sell a product and use the competitors, you will instantly lose the trust factor and will miss out on sales.

Two Myths of the Network Marketing Industry!

Myth #1: “Posture Yourself” – Too often we are expecting our newest business partners to assume the role of experts in a field they know nothing about. We call it “posturing”. In essence we are telling them to basically act as if they know more than they do.

In an effort to embrace the concept, they often suggest to others that they are more successful at what they do than they really are. We are leading them into an unauthentic approach.

The proverbial, “fake it ’til you make it”, needs to be canned! No wonder our “newbie’s” feel uncomfortable, hot under the collar, and paralyzed early on in the process…

They are being told to be someone they aren’t. Then they look at their Upline and begin to question their credibility. Not a great way to build a new business relationship, is it?

Myth #2: “You Can Stay Home”- This is often, not althogether true! At first, we tell them that we are offering them a Home-Based Business…The chance to live the good life…the luxury of working from home, rolling out of bed with a cup of coffee in hand and creating a dynasty of wealth while working in their “P.J.’s” and slippers…

Why is it that we recruit someone online, tell them they can build their business online, and then once on board, we impose obligatory weekly meetings, distribution of brochures and the placing fliers on car windshields? We sign them up with this “state of the art” concept of doing business and then we shove them out their door!

We should all know that falling back on antiquated marketing efforts is not effective and only leads to a quick state of disillusionment, discontent, and disconnect with the company.

How can we turn the tide? Teach, “Attraction Marketing”. Show them how to develop a presence for themselves on the Internet.

Where do you start? There are resources galore on the online, offering a lot of information on the subject.

Advertising online is highly effective, however, it often requires a hefty budget. Fortunately, there is a solution. Not a quick and easy one, but a slow and measurable journey to the effective use of the Internet for recruiting and advertising.

With a nominal monthly budget of approximately $200, for their tools and education, it is feasible to be drawing, pre-qualified leads right to your computer within a few weeks!

Finding a simple, comprehensive package that will walk you through the process from beginning to end. The only caution would be to watch your wallet. You can stay within budget easily, but it is tempting to buy every tool you see on line. Elect to do business with people whose products, words and content, resonate with you the most.

Using the technology we have at our fingertips just makes sense and is much better than hanging out a hotel lobby hoping at least one of the five guests they invited will show up for the presentation. Wouldn’t you agree?

Four Major Problems In The Network Marketing Industry You Should Be Aware Of

I remember the pain and agony I went through back in the days, when I first joined a Network Marketing Opportunity! I was so excited; gun ho, ready to make my 1st million dollars, ready to be featured on the Oprah Winfrey Show telling my rags to riches story!

Then my 1st week out in the field was nothing like I expected it to be. I thought I would have people crawling all over me with credit card in hand, begging me to sign them up! I really thought that people would see what I saw when I sat down for 45 minutes listening to the presentation of my opportunity.

Boy was I wrong….I mean my feelings got crushed, like school bully would do to a 4th grader’s lolly pop! I really fell pretty hard. I was like an emotional roller coaster, waiting to go over that next huge hill. I was excited when someone joined me, and then crushed when no one would show up for my meetings, or simply hang up the phone, if they thought I was going to tell them about my opportunity!

Fast forward to 2010, we still have those same problems I faced many years ago, still hanging around today! They are major problems, which all Network Marketers face in today’s economic climate of uncertainty.

Here are the 4 major problems and I will go over each one.

1.) Lack of Knowledge

2.) Lack of Education

3.) Lack of Leads

4.) Lack of Cash Flow

There are more problems with in the Network  Marketing   industry , but for this blog post, I will concentrate on these main 4!

Normally when anyone gets involved in the Network  Marketing   industry , we Lack Knowledge about how to really get up and going. I was always afraid to admit that, but it’s the truth. This really hurts, because Internet Marketers won’t admit that until it’s too late.

When you 1st join your opportunity, the company itself has their own training of course. Which is good, but on the other hand, you need more than just the company’s training. Yes you need the knowledge of your opportunity and what you’re getting into but, your knowledge and ability to learn should NOT stop there.

There are many things under the knowledge category. For instances, if you lack motivation, you need motivational books. If you lack personal development, buy yourself personal development books and read at least 5 to 10 pages per night. If you lack knowledge on how to market, then take on a couple of courses on marketing. If you wish to learn about different ways of marketing, you need to define that.

Sit down in a quit room, and think about what you want to learn. Keep a diary or a mental note of what you’re lacking!

Find someone with the leadership abilities, who is getting the type of results you are looking for!

Attend some webinars that caters to your needs in regards to MLM training, there all over the net!

Really focus on books, which answer your questions about certain issues you’re dealing with. Don’t ever keep quit, or not do anything about your problems, or worse just give up completely!

I made that mistake, and I paid a deep cost for that. I took notice that I was having major problems, so I took time off from Network Marketing, and started to study successful people on-line. I wanted to know what they did to over come there obstacles to become so great on-line.

Some of those people I even joined their opportunity’s and learned what they do day in and day out to create an income on-line. This is what you must do in order to achieve the success you’ve always wanted!

I will end this post, and continue on with the next major problem until you have an understanding of how to over come all the 4 major problems.

Thanks For Reading.

Marketing Online – Changes Day By Day – A Dynamic Industry

 Marketing  online is becoming or already is the most dynamic  marketing   industry  in existence. For example, how often is a new ABC, CBS, NBC, or FOX going to come along on television? Rarely, but in the online world we have seen king of the throne change quite a few times. It is a never ending game of musical chairs. To see an example of how quick top 100 rankings change on the Internet check Alexa to see how traffic trends continuously change.

Keeping our clients listed in at least 30% of the top websites in the United States is a priority for us. Currently we keep our main clients ranked in 50% of the top 10 websites in the country. Is this priceless? Does your website sell? If it does we can get you all the right traffic. We are even working to help our clients increase their conversions and sales using a great new tool called Google Analytics. We are mastering the features of the program to apply are findings to our clients sites to deliver maximum results.

We are doing well marketing our clients, but getting better every month. As a result we decided to cap the number of clients we are taking per a marketplace. Two lucky people per a marketplace. Because after all there are only 10-20 results people look at on the major sites and search engines. We are also helping our clients become the most informative people in their industry hosting and maintaining their blogs. This is important because people tend to feel more comfortable purchasing from the people that inform them the most about their services.

Online Marketing will never stop evolving and for all we know and neither will we, search engines may not exist in five years. That is why it is critical to choose an Online Marketing Agency dedicated to creating you an Online Presence beyond the search engines. Today’s market is still driven by Word-of-Mouth along with other forms of marketing. This means that Joe’s brother may tell him about what he found on the Internet. Or Jane may tell Susie about a great blog she read on rejuvenating her smile with porcelain veneers on her dentist’s blog.

Our client’s still see results surfacing from marketing they were doing 1 month ago. How is this so? Well how many domain names do you have written on a piece of paper on your desk? How many sites have you added to your favorites (bookmarks) intending to do business with them one day? Traditional SEO is over, yes I said it done/dead, and depending on strictly SEO is a facade. Online Marketing is the key and SEO is just one of the pieces of this puzzle.

We practice what we preach, are business has rapidly evolved over the past 9 months to deliver the results our clients should expect. This is a multi prong approach and not suitable for every client.

How many successful marketing campaigns depend on one medium of marketing? Very few, it takes multiple angles to communicate a message in today’s complex and dynamic world.

Here is just a sample of a couple of our dental clients’ results, in the top 10-20 on all three major search engines for their local market. Does it get better than this? And how many clients can we supply these SEO numbers for? Very few, and that’s once again why we are capping the number of client’s we are taking on per a locale and industry.

Six Sigma Training in the Marketing Industry

Marketing is a very competitive world. At times things can seem extremely out of control and disorganized. It is common for many marketing companies to not put processes in place where they are needed most. This can cause a lack of productivity and serious bottlenecks that slow work down. Six Sigma training will teach you how to look at the overall operations of the entire organization and find ways to improve processes to get maximum efficiency out of personnel and resources. Six Sigma green belt training is the best option for the average employee when improvements need to be made.

Reducing costs is very important and the marketing industry is one area where more money is spent than any other. Reducing costs means a higher revenue. Six Sigma training can help you identify areas within your marketing company where too much money is being spent that isn’t necessary. It can help you reduce costs and eliminate wasteful expenses so you have more money to work with. You will even learn how to use current resources to your advantage and get the most efficiency out of them so you are spending less money on new resources.

Customer relations is a huge factor when it comes to the marketing industry. Six Sigma green belt training teaches people how to build stronger customer relationships by focusing your organization to centralize around the customer. You will learn how to get all marketing personnel on board with putting the customer first and how to make them enthused about it as well. Six Sigma training will help you identify ways to acquire new customers by looking at the marketplace and seeing opportunities and projects you can accomplish and didn’t see before.

Six Sigma Green Belt training is perfect for the marketing industry. If you work in a marketing company and you are looking for ways to improve processes so you can succeed in the marketplace, Six Sigma training is the best option. You will learn simple ways to eliminate waste and reduce costs, improve customer relations, and make necessary improvements to processes that will help you succeed.

Failure Rate in Network Marketing Industry

Some people attribute the failure rate in the Network  Marketing   industry  to be the failure of the industry in general. I hear comments which state that 97% of the people who join a Network Marketing business never make money. This is a common assertion made by people with little understanding of how Network Marketing works.

Here is why I feel that the statement is not fair to the industry.

The problem is that it is a sweeping statement which does not take into account the efforts of Network Marketers are making in building their businesses. I will give you an example, if you have a class of university students who hardly attend class, do not read at all, do not attend tutorials, do not do assignments. If 97% of these students are hardly doing anything what is the chance of them passing out of the University? The chances for the 97% is almost nil.

The MLM business is like that. Majority of people who join hardly do anything. In my MLM business, it was estimated that 75% of those who become involved in the business never sponsored anyone. Only around 25% do. It is almost safe to assume that these people will not make any meaningful financial return from their business. There are exception of course with those who build their purely from retail.

About 50% of those who join quit in the first year. Again this ties in with the issue of quality prospects. Some start and then decide that it is not for them and then quit. Most never treat the MLM business as a business, but as a hobby and then quit when the money does not start rolling in. You will agree with me that if you put 0% effort into something you will get 0% result. This is the same for any business not just the MLM business. You will not start a business and not actively promote your products or close you shop to customers. But this is how most people in MLM industry treat their business.

I think a fairer question would have been how many of those who made the effort to build their Network Marketing business made money? Then we can look at those who have presented the sales and marketing plan enough times, those who have done enough sales to earn an income, those who have followed the teachings recommended by MLM leaders, those who have invested enough time in themselves and their business. And also those who are adding new contacts to their list. What I mean is use active Network Marketers as a yardstick and you will have a fairer assessment of the success rate of the Network Marketing businesses.

If you ask majority of the people who quit the Network  Marketing   industry , (although some may have quit for other reasons), most will admit that they did not put enough effort into building their business.

Bear in mind that Network Marketing is a business and should be treated as a business. It requires work and effort, dedication and persistence.

What Is Wrong with the Network Marketing and MLM Industry?

There’s nothing wrong with the Industry itself, it simply lacks the proper modular approach that takes realistic people to where they need to go. Somewhere, the ideology was lost and replaced by selfish acts and deeds. Network Marketing and Multi Level Marketing is about people helping others, in order to help you progress. There is no reward for stagnation or lack of motivation.

Would you send money to someone that you have never met, or do not know?

Yet people do this every day. That’s right, high yield investment programs which never deliver what they promise. Programs that do not have certifiable products. Hype, smoke and mirrors, false promises and rogue vendors are ruining the overall image of true network marketing and multi-level-marketing and turning it into a money game.

How much money have you wasted in past years on such programs? Most so-called networkers can tell you horror stories and most quit after a few years of what they describe as scams, pyramids and schemes. Yet most of these are not MLM ventures or Networking Marketing.

But why take up with such propositions? Businesses that have no track record, CEO’s that hide behind the ‘internet wall of shame’ and products that defy rational belief. In a few words, it’s called greed and gullibility. It is amazing how a speaker at a conference can whip up a frenzy in people and they go home believing what they have heard.

Get Rich Quick – Is it possible?

That depends on what you call quick. To me, personally, quick means faster than the growth of a traditional business model. When you consider that an offline business does not really show much till after a 3-year period, quick would be anything from 9-18 months. The people, who think they are going to do it faster, are most often the casualties of the network marketing and mlm industry.

Are you in business to make money or take money?

Those who choose a successful Network Marketing or MLM model and a solid, debt-free company to promote are most often the winners in this Industry. The network marketing and mlm models are based upon one thing. Sponsorship. Those who know about the responsibilities of sponsorship and invest in their downline, instead of their own self-interests are the people who emerge as winners.

‘Paying it Forward’ is the most successful marketing strategy that a person can employ, yet few are willing to do it. They invest in nonsensical schemes but are not willing to help those they sponsor progress. That is plain dumb. That is what is lacking and therein lays the major problem. We all want the same thing and that is why we join others in business.

Why people think that they must be ‘recruiter of the year’ to build a solid business, defeats me completely. If you are recruiting, you are not sponsoring. The person below you feels let down and drops out. So you go out and find another. Is that what people think network marketing and multi-level-marketing is all about?

If so, they are misguided. There are highly successful people in the network marketing and mlm Industry that have only ever sponsored three people. But they sponsored them, not recruited them. They helped those three to find their three. When they observed the help from above, their mindset altered. Now they are helping their three people to get their three people and so it progresses. A true Network Marketing or MLM success story in the making.

Internet Marketing – Effects on Industries

Internet marketing has impacted the way we currently do our personal business as well as our providing many marketing opportunities for the entrepreneur. The Internet has brought media to a global audience, and in return, the interactive design of the Internet marketing provides instant responses and elicits responses creates a very unique quality of medium. Internet marketing is a broader scope because not only does it incorporate the Internet, email, wireless media, but it also includes the management of digital data, and electronic customer relationships. The appeal of Internet marketing emphasizes a specific behavior or interest, rather than out to a broadly defined demographic.

Online advertising methods have been dramatically altered by the technological advancements in the telecommunications arena. With the development of Broadband, advertisers can more effectively engage in manage branding campaigns that seek to shape consumer attitudes and feelings concerning specific products. The rapid growth of broadband technologies will encourage online advertisers to design rich multimedia content that will produce a level of comfort with their target-viewing audience. It is safe to say that with connection speeds ever increasing so will the frequency of online branding campaigns.

Let’s also look at how Internet  market  has affected the online banking  industry . Since there many banks that offer their customers the ability to perform many banking tasks over the Internet, it is more convenient and faster than had their customer visited a bank branch. Another  industry  that has been impacted by Internet  marketing  is the number of Internet auctions. These Internet marketing businesses have become a multi-billion dollar business for many. Items that were only available at flea markets are now available on Internet auction sites, such as eBay. Buyers and sellers will often look at prices on the website before going to a flea market, keeping in mind, that often what happens is the price on eBay is now the selling price. It is safe to say that eBay is used as a price-basis for specialized items such as antiques, clothing, etc.

Aside from the fact that Internet  marketing  has had a profound affect on the technology  industry , it has hugely impacted the advertising industry. Online advertising has grown by leaps and bounds, and is worth tens of billions of dollars annually. If you do not believe that last statement, just take a look at recent reports from PricewaterhouseCoopers. Also, consider our last Presidential election and how Internet marketing strategies had a growing impact on the electoral process. The Presidential candidates of 2008 utilized Internet marketing strategies to reach their constituents. It was estimated that at the time of the primaries, the candidates added on an average of 500 social network supporters per day to assist with getting their message out to the American public. Keeping mind, that President Obama raised over $1 million in donations in a single day, and this was primarily achieved online during his campaign. To say that the Internet has an impact on our lives is merely an understatement. Effective Internet marketing may have won the Presidential campaign in 2008 aside from raising a tremendous amount of money to fund the Democratic campaign for the presidency.


Bulk SMS Marketing Industry

One of the most viable options to market your product amongst your target audience is the use of bulk sms service. The marketer is assured that the message has been delivered at the right time to the intended receiver. These messages could be informational, promotional or alerts in nature and reach your customer almost instantaneously. These services are used by banks or stock broking companies to send alert messages to their clients or updates about their account. Educational institutes or colleges can also use these services to spread information about various new courses introduced in their respective institutes or admission related news. Real estate agents make effective use of the bulk sms service to promote their properties for sale.

The advent of bulk SMS technology has therefore, led to a boom in the  marketing   industry . It facilitates easy reach to the prospective client at minimum cost. There are many companies providing bulk sms services in the Indian market. They offer outstanding and unparalleled services and ensure timely delivery of messages without time lag at lowest possible rates. The SMS gateway used by these companies is an online application that does not require any specific software or initial set up fees. They are extremely user friendly and can be conveniently operated by a beginner as well. They also provide 24/7 technical assistance to all their customers.

As a matter of fact, the bulk sms industry has evolved as a very good option for those who are willing to start up their own business. These companies usually provide an option to become their reseller. The reseller gets bulk sms credits from the service provider at a bargain and can further resell those sms credits at a comfortable price and keeps the margin as his profit. The reseller also can further appoint as many resellers as he wishes too. He also has the freedom to promote his own brand name since the website can be hosted by the domain name of his own choice. The website can be customized as per the reseller’s choice. Therefore, it is a thought worthy option for those who desire to be future entrepreneurs.

Bulk messaging services in India

In today’s fast paced world it is extremely important to reach maximum number of your prospective clients in minimum possible time frame. There can be many ways to connect with the target audience including traditional ways of communicating like advertisement in newspaper, direct mailers, posters, banners, radio ads etc. However, the point of contention here is the huge cost involved. An advertisement in newspaper costs a fortune and an equal huge amount is involved with other methods like posters, banners and their distribution.

A contemporary resolution to minimize the cost incurred would be the use of bulk messaging services. Here you can send voluminous messages instantaneously. There are many big companies who are providing bulk message services in India. They offer distinguished services, 24/7 customer support and most competitive bulk sms rates. Since many organizations are involved, one can go with the company that provided the lowest rates coupled with best services. All these companies have successfully harnessed the power of mobile communication to ensure the desired message is delivered to intended audience with in the required time duration.

The aforesaid messages to be delivered to the client or customer could be of varied nature. It is quite possible that the banks use this message services as “Alerts” for their customers. It could be a personal account update about the balance or any important service message. Moreover, the service is also widely used by stock broking companies, they provide stocks and share prices updates, commodity alerts to their clients.

In addition to the above, bulk sms are also used for marketing of products. The message can be delivered to the target audience as and when intended. Also, educational institutes and colleges use this service to send information about new courses or admissions on the student’s mobile phones. However, a key point here is the differentiator between cheap message service and the premium message service. The individual/ entity availing the benefits of this messaging service should choose the service provider that provides best services at the lowest rates. These service providers usually provide an online application for sending bulk SMS that integrates well with your existing system and does not require any additional software installations. They also provide dedicated SMS bandwidth for high volume users and separate routes for promotional and alert traffic. Hence, it is advisable to try out this option for effective promotion of your products.

Internet Marketing Industry

Entrepreneurs and opportunists all over have been looking for new and original methods to get money away from the bigger industries, and earn their share of the profits. With many  industries  shutting their doors, there is already one in existence that creates large volumes of money for people everywhere – affiliate  marketing .

Affiliate marketing is one of the best and most successful online advertising opportunities. It’s a program that runs on simplicity and efficiency, although in a way that works extremely well for both parties involved.

The most attractive and effective way for small and large companies to reach out and expand their influences. Instead of being restricted to one website, large companies can get noticed on hundreds of sites – and normally even thousands.

The best way to make the most of your affiliate marketing is to have your own web page. You can add as many programs as you want and you can also advertise only one sales page. There are so many people who makes money without their own product. There are places like Click Bank, Amazon, and niche bot classic. Look around and shop around to choose the best product.

Never look for an easy product or an easy way to make money online. You have to spend a little money to learn and grow. Videos are very popular. Always go with programs that teach you how to advertise and how to relate to certain products or methods to reach more audience and to make more sales.

Free advertising and paid advertising – you probably need both. Google AdSense, Yahoo! answers and Social Marker can help you to show your business to a different audience.