How To Use The Internet For Your Network Marketing Business tvdmexonline.com /network-marketing/ TVD
Did you know that 97% of all people doing network marketing make less than $50 a month in their MLM business? Are you one of them? Network marketing, MLM or whatever you would like to call it, what they all share can be expressed in two words: Direct Selling According to Direct Selling News, there is no defined date when direct selling started, but for sure this business format can be traced a couple of hundred years back. The idea was to eliminate the middleman and sell from the manufacturer directly to the consumer. The prospecting method by then was the most basic. By knocking on the door of potential customers, the sales process started. Without any doubt, the direct selling method became famous, popular and in many niches very successful. The development of the business concept continued, and the next step in the direct selling evolution was network marketing. Network marketing consists of engaging other people to amplify the customer base. The most famous models are home parties. Products like cosmetics and cookware are favorite products for this format. By engaging various potential customers at the same time, the leverage of the business starts to take off. From network marketing to MLM, or multi-level marketing, it’s a short step to take. In fact, MLM is a form of network marketing. The variable added to the MLM model is the recruiting process. The sales people can earn money in two ways, by selling and commission based on what other people in their network sell. The modern MLM system encourages people to recruit, and the reality is that without constantly adding new people to your network, there will be no attractive earnings if any at all.
The Bottleneck Of Network Marketing Since the very first direct selling company recruiting sales representatives to their business, to the modern form of network marketing companies, the recruitment has always been, still is, and will probably be forever the most crucial part of the business. No matter to which part of the direct selling industry you belong, recruitment is the every-day-battle. People doing network marketing use to engage with family members, friends, and neighbors. At a certain point, the existing social network becomes “consumed.” But the show must go on and without more people to engage the business starts to stale. This is the bottleneck most network marketing people struggle with.
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In a certain way, MLM solves the problem by using an organization of different layers, and the recruitment process continues on each level in the organization. The downside of this model is the quality, which tends to decrease the more distanced you are from the recruitment process. The retention starts to be a problem and at the end, the worst scenario could be that the whole sales force starts to fall apart in pieces. The whole direct selling world, from basic door-to-door canvassing to modern MLM, is built on baby boomers and how they developed the business. Right now we are at an interesting point of network marketing, as it has grown and matured over the last couple of decades.
The New Way Of Doing Network Marketing Is Already Here On one side you’ll find the younger generation coming out from school and being exposed to the profession of network marketing. On the other hand, you’ll find the baby boomers that are in between careers. They are eager to move on or wanting their next step. The technology is here to support the next development step in network marketing. The older generation learned the profession the hard way, making appointments over the phone. If you tell a younger person coming out of school to sit at a desk for 7-10 hours on the phone, they would think you are crazy. So how to merge high tech and high touch? Well, Internet and online marketing could be the answer. Facebook, for example, the world’s largest social network online, could be an excellent platform for your network marketing activities.
The bottleneck
If you prefer video marketing, you can use YouTube. The platforms and ideas are almost endless. You can target your potential customer base the way you prefer; by location, age, gender, and so on. The vast number of people you can reach out to is tremendous, by using the online strategy instead of the old traditional offline method
Time For Action! “It sounds good,” you may say. “Let’s go ahead and try it.” The new era of network marketing
BUT first, you need a system that can handle all the traffic and leads you ‘re going to get. You need training and education on how to manage these new tech tools. And you need somebody you can talk to when you struggle with problems. It’s no rocket science at all, but you need to have the knowledge. Click here to watch a short video where Stuart Ross, co-founder of the Six Figure Mentors. He will blow your mind by showing how to speed up your network marketing or MLM business by using the Internet.
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As an extra bonus, you will get for FREE a 7-days video series. There you will get an exact explanation of what to do and how to make it happen. Click the “Act Now” button and get started today! This article has been revised and corrected by using Grammarly®. Click here and get your free app for free to start using immediately.
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