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Network Marketing Explained

How to Succeed In Network Marketing By Attracting The 3 Types Who Can Grow Business

If network marketing was for everyone, everyone would be doing it. Why not? Work from home or anywhere you want using a laptop and a cell phone. Being home with your family or doing more of what you want to do and spend less time working.

The reality is that most network marketing businesses are often designed for you to fail. The network marketing systems that are in place often, believe it or not, still have you tap your friends and family. They tout to go after your warm market. This is a great way to ruin your relationship with your friends and family. If you don't like going to family functions, become a network marketer and then pull the family together and pitch them. You will be banned from family events…I guess not bad for some.

Those at the top of the food chain in your group fail to tell you how they have achieved network marketing success and leave a lot to you to figure out. They tell you that this is the best time to join, that this is the best network marketing opportunity. "Look at me, I am successful…you can too." How? They may tell you that there are several ways to be successful and you need to find what works for you.

Nine out of ten people who get into a network marketing opportunity don't stick around because they don't know how to market. They end up chasing people and try to convince them to join their group. They don't succeed and they work really hard trying to generate leads that get them nowhere. Then they give up and say the opportunity is a scam and go find a job. Often, it is no fault of the person. They just didn't learn what to do or they were not taught what to do.

Chances are if you are reading this article, you are already an internet marketer or involved with an MLM. You are part of the target market for a network marketing business. If you are not getting network marketers coming to your offering and are getting tire kickers instead, then you are making a big mistake with your marketing plan. Also, you will be wasting time qualifying or disqualifying people displaced by a job who are just curious and not marketers nor do they have what it takes to be a marketer. No, you want to attract like-minded people to your opportunity. People who are already interested and involved in network marketing or MLM.

So, if done correctly, you will attract network marketers or people involved in MLM now. You may be asking yourself, why do I want to attract people who are already involved with another network marketing or MLM company? Isn't that wasting my time?

Think about it. There are three categories of network marketers that you must attract.

Doing Great At Network Marketing

First, there are those who are doing well with a network marketing opportunity and don't see why they need to change. Well, there is a good reason to at least look at adding another opportunity. In any economy, especially today, doesn't it make sense to have multiple streams of income? What if the company you have all of your eggs in one basket falls off? So, if you are doing well, you have lots of automation in place and have trained your folks well. Take that knowledge and build it again for another stream of income.

Understand That There is a Need for Multiple Streams of Income

This isn't the 1980s when gurus suggested that you concentrate on one business and make that business the best. There are network marketers who understand that they need to have more than one opportunity working at a time. So this segment will be looking for other network marketing companies to work with and grow another stream of income.

A Network Marketer is Disgruntled with the Network Marketing Gig They Have Now

With the failure rate so high, there are lots of network marketers, who still want to live the dream of having your own business and working your own hours without the boss, however, the opportunity they picked isn't living up to the expectations. This market is bombarded with other opportunities all day long and are actively looking to abandon what they are doing for another MLM or network marketing business. If you have the right product, the right training, a proven repeatable marketing system within a well run company, you will attract this person.

We at Rx For Wealth understand that to attract people to your network marketing opportunity, you must attract those who are already convinced. If you are reading this article still, then this article has done its job and attracted a successful network marketer either happy with what they are doing, understand that they need multiple streams of income or are unhappy with the network marketing company they represent and looking.

Visit us at www.blog.rxforwealth.com

 


Scott Brown -
About the Author:

Internet Marketer / Success Coach / Entrepreneur / CEO at Rx For Wealth

141 comments - What do you think?  Posted by Lyle Kannenberg - December 8, 2010 at 02:01

Categories: Network Marketing Explained   Tags:

What is Network Marketing – Network Marketing



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Be the first to comment - What do you think?  Posted by Lyle Kannenberg - December 7, 2010 at 02:00

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What is Network Marketing – Network Marketing Comp Plans: 6a Binary



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Be the first to comment - What do you think?  Posted by Lyle Kannenberg - at 02:00

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Is MLM Overrun With Internet Network Marketing Systems?

Having been in network marketing for many years now, I've seen a disturbing and almost dangerous trend in the MLM industry lately... It's almost like the MLM and network marketing industry is being overrun with these internet network marketing systems. Is it possible that network marketers are getting too much of a good thing? Maybe you've seen ads like this: Explode Your MLM - 2,376 Leads and $7,823 in 3 Months! Free Video Course Tells All Ads like this send most struggling network marketers into a mild state of shock and salivating for those kinds of results, and everyone selling a system believes theirs is the best. Let's face it, we are in an industry full of people who want to teach you about marketing and selling, yet they claim there's no selling involved. Most network marketing companies don't teach you a single useful thing about marketing because all they know is home parties, cold calling opportunity leads, and pestering your friends and family. The closest I ever got to marketing was posting flyers for my opportunity meetings (and almost no one showed up). The bottom line is this, if you want to be successful in network marketing then you need a network marketing system to generate leads and cash flow quickly. This is because most network marketers will quit in their first 90 days if they don't make any money, unleashing every network marketers' worse nightmare... attrition! So what is a network marketing system exactly? I'll give you a hint, the best sales people make the worst network marketers. This is because network marketing is about being a good relationship builder, not the best salesperson. A good network marketing system is not just an auto responder email system, it's not just a replicated web site, it's NOT a hype "hurry up and join before everyone else gets in" kind of marketing system. A good internet network marketing system gives you a way to brand and market yourself as a leader within the industry. This is because it doesn't matter what product your company sells or what the compensation plan is like, at the end of the day your prospects join YOU. People want to join a leader when they're looking for a network marketing business and most network marketers will be involved with more than one company throughout their MLM career. This is not a "fake it till you make it" approach, this is about providing real value to your prospects. People get involved in network marketing because they want to make money (duh) or because they find a product that genuinely changes their life for the better. There are 2 options here, one is hard, the other is easy. You can build your own web site or you can use a third party internet network marketing system. (My personal preference is the MLM Lead System Pro). The benefit of the third party system is leveraging the experience and successes of others. The DANGER is eventually everyone's sites and systems start to look the same... so you'll have to know what to do to make yourself stand out from the herd. Make sure the system you use gives you the option to customize your site and brand yourself properly. This is where mastering the art and skill of attraction marketing comes into play. No matter what internet network marketing system you decide to use, your success comes from how you think about yourself and your prospects. You must see yourself as a leader in your mind and treat your MLM business like a business instead of a hobby. This means daily execution of the basics with traffic and network marketing lead generation. This is exactly what you will learn to do when you align yourself with other leaders who are already successful using internet network marketing systems. The most important tip of all is to take action right now and remember that you don't have to be perfect, you just have to be proactive.

Having been in network marketing for many years now, I've seen a disturbing and almost dangerous trend in the MLM industry lately...

It's almost like the MLM and network marketing industry is being overrun with these internet network marketing systems. Is it possible that network marketers are getting too much of a good thing? Maybe you've seen ads like this:

Explode Your MLM - 2,376 Leads and $7,823 in 3 Months! Free Video Course Tells All

Ads like this send most struggling network marketers into a mild state of shock and salivating for those kinds of results, and everyone selling a system believes theirs is the best. Let's face it, we are in an industry full of people who want to teach you about marketing and selling, yet they claim there's no selling involved. Most network marketing companies don't teach you a single useful thing about marketing because all they know is home parties, cold calling opportunity leads, and pestering your friends and family. The closest I ever got to marketing was posting flyers for my opportunity meetings (and almost no one showed up).

The bottom line is this, if you want to be successful in network marketing then you need a network marketing system to generate leads and cash flow quickly. This is because most network marketers will quit in their first 90 days if they don't make any money, unleashing every network marketers' worse nightmare... attrition!

So what is an internet network marketing system exactly? I'll give you a hint, the best sales people make the worst network marketers. This is because network marketing is about being a good relationship builder, not the best salesperson.

A good network marketing system is not just an auto responder email system, it's not just a replicated web site, it's NOT a hype "hurry up and join before everyone else gets in" kind of marketing system.

A good internet network marketing system gives you a way to brand and market yourself as a leader within the industry. This is because it doesn't matter what product your company sells or what the compensation plan is like, at the end of the day your prospects join YOU. People want to join a leader when they're looking for a network marketing business and most network marketers will be involved with more than one company throughout their MLM career. This is not a "fake it till you make it" approach, this is about providing real value to your prospects. People get involved in network marketing because they want to make money (duh) or because they find a product that genuinely changes their life for the better.

There are 2 options here, one is hard, the other is easy. You can build your own web site or you can use a third party internet network marketing system. (My personal preference is the MLM Lead System Pro). The benefit of the third party system is leveraging the experience and successes of others. The DANGER is eventually everyone's sites and systems start to look the same... so you'll have to know what to do to make yourself stand out from the herd. Make sure the system you use gives you the option to customize your site and brand yourself properly.

This is where mastering the art and skill of attraction marketing comes into play. No matter what internet network marketing system you decide to use, your success comes from how you think about yourself and your prospects. You must see yourself as a leader in your mind and treat your MLM business like a business instead of a hobby. This means daily execution of the basics with traffic and network marketing lead generation. This is exactly what you will learn to do when you align yourself with other leaders who are already successful using internet network marketing systems.

The most important tip of all is to take action right now and remember that you don't have to be perfect, you just have to be proactive.


Tim Welch -
About the Author:

Tim Welch has been in network marketing since 1994. Never having been a big fan of cold calling leads or having home parties, Tim decided to turn to the internet marketing world in 2007. As an introverted artist, Tim knew he would have to get creative to generate leads for his network marketing business. 14 companies later (because none of the companies teach this) Tim finally discovered a simple way to generate quality MLM leads on the internet. If you're looking to take your network marketing business to the next level then visit Tim's site http://www.MLMTreasureMap.com today for your free internet network marketing course.

Be the first to comment - What do you think?  Posted by Lyle Kannenberg - at 02:00

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