Uploaded on May 20, 2020
PPT on Network Marketing full strategy.
Network Marketing full strategy.
Network Marketing full Strategy
Choose wisely
There are some key elements you should be looking for before
choosing a company. First, stability or how old the company is.
Number two is excellent products or services that consumers will
use and need more of. Number three is the pay plan, how even,
fair and generous is the overall distribution. This is really crucial
as the pay plan represents exactly how you'll get paid, or not get
paid.
Source: Google Images
Key elements
Next, the integrity of the company and the management. As
much as possible, investigate the experience of the CEO, their
experience in the network marketing industry, their
background and reputation. Number five is momentum and
timing. Look at where the company's at, what's going on with
the company, and if it's growing.
Source: Google Images
Support and business systems
You may have a great company with excellent management,
products that make a difference, a pay plan that's uniquely fair
and very generous, but if you don't have a system in place that
works, all of that doesn't matter. Most companies will have a
transferable training system that they use, and that's where
mentorship comes in.
Source: Google Images
Listen to your mentors
To succeed, you need to be willing to listen and learn from
mentors. The way this industry is structured, it's in the best
interests of the MLM veterans to help you succeed, so they're
willing to teach you the system. Whatever they did to become
successful, it's very duplicable, but you have to be willing to
listen and be taught and follow those systems.
Source: Google Images
Support from the top
It can be called various things, but the general term is the
"upline," meaning the people above you. Things like how
supportive they are, regular calls, help you put a plan in place,
commitment to your success as their own etc. matter a lot. You
should be able to relate to them and be able to call them at any
time for support, which is very important.
Source: Google Images
Take the lead
There's a term in the network marketing industry called
"orphans“, when somebody is brought in and then the person
who brought them in is just so busy that they don't have time
for the newcomer. You should be prepared to spend at least 30
days helping a new person come into the industry, training,
supporting and holding their hand until they are confident
enough to go alone.
Source: Google Images
Make use of internet
People are utilizing the internet as their main marketing tool.
Using autoresponders to capture leads, which can help to
follow-up. One of the greatest keys to success in this industry is
follow-up. Many people will have someone call them who's
interested, but then they don't follow up with it. Automation on
the internet has allowed a much more consistent method of
following up.
Source: Google Images
Take care of the business
This is a business, and just like if you were running a franchise
or a storefront, you should have an accountant. You have all the
same write-offs tax-wise that you have with running a full-time
business, so it's very important to do your research prior to
getting involved, before you start making money from it.
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Don’t quit your day job
Never leave your full-time position unless you're absolutely
certain that the income that's coming in with this company is
going to be there. Be sure that you've been with the company
for awhile and that you know it's a stable company, and the
income that you're earning is equal to or greater than the
income you're earning from your job before quitting.
Source: Google Images
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