Network Marketing Opportunity Is Ripe Fruit In The New Economy
Network Marketing Income Goes From Luxury To Necessity
Just a couple years ago, people joined a network marketing company to supplement their income. Today, in the era of 10% + unemployment and full time employees hour reductions, a supplemental income is a necessity.
Network marketing is one of the most popular options because of the ease of starting. There are not many ways you can make money from home as inexpensively and quickly as MLM. Before we get ahead of ourselves, let’s look at some sticking points we might encounter first shall we?
Top 3 Drawbacks of Starting a Network Marketing Business
1. Overcoming the MLM Taboo
2. You Have No Credibility
3. Done the Wrong Way, MLM Is Time Consuming
If you imagine network marketing as a big pie, a large chunk can be eliminated from the top because of preconceived notions about MLM. They believe it is a scam or a pyramid scheme. These are people we don’t waste time with.
Unless you are a CEO or a person of high ranking somewhere, you are starting from zero in the credibility category. You must find a way to build credibility first before anyone will join you.
The truth is, if you go up to a friend who knows you, and you proceed to tell him about this amazing new company with potential to make huge amounts of money, he will laugh you off. Why? Because he knows you. He knows you can barely pay your bills. He knows you drive a car with no A/C. Why would anyone listen to your analysis of any business opportunity?
Once you join an network marketing company, you will need to go to weekly meetings. The goal is to bring new prospects to these meetings to build your downline. Then at least one night a week, there are conference calls.
You will be encouraged to put your prospects on those calls, as well as set up 3 way calls with your team leader. You will be doing BAM FAM which stands for Book A Meeting From A Meeting. You will do this until your prospect joins or gets a restraining order against you.
All Is Not Lost! There Is A Way To Get MLM Prospects To Find You… And Beg You To Sponsor Them!
Traditional network marketing strategy tells you to make a list of 100 people to contact. It also tells you that all you need to do is share the product with a prospect and they will become curious.
Yes, there are success stories behind those mlm strategies, but there is also a huge failure rate as well. The reason is, again, lack of credibility. The best way I know how to gain credibility is to teach people something they did not know.
Article Marketing Provides New Network Marketing Distributors The Best Chance To Build Credibility
Credibility is held in the human mind fo one of two types of people. The first is the guy who has more money than you. People somehow make the connection that if someone has more money, it means they should be listened to. Sometimes that is right, but not all the time. The second is the guy who knows more than you.
This is more powerful by far for one simple reason: It can be verified. Picture this; two guys presenting the new MLM opportunity to a crowded room full of people. Both are well dressed. One shows you slides of his Maserati and house on the beach. He goes on to tell you how much money he has made.
The other takes over and proceedes to teach you how to build a list of 100 prospects using article marketing, who find you, and are interested in what you have to say, instead of randomly writing 100 names as Maserati boy suggests. Do I know that the car and house are his? If so, did he make that money in this business? I can’t verify that. I can verify that the other presenter taught me something tangible that will help me begin to grow my business. That is real credibilty.
In: Maserati · Tagged with: Economy, Fruit, marketing, Network, opportunity, Ripe
