A Few Things You Should Know Before Getting Involved In Network Marketing

With all the economic hiccups and credit crunches happening worldwide, many people are always on the lookout on how they can improve or mend their financial situations. Usually, they take extra work on top of their day jobs. With these, it is no wonder why many people are getting curious at network marketing jobs.

What is network marketing?
Network marketing can be referred to as a marketing technique or strategy that involves independent agents to get in touch with prospective clients in exchange for a specific amount of commission for the sales that they are able to make as well as the sales made by the other people in which that agent has sponsored into the business. Usually agents who are engaged in network marketing have the option to do their work on their free time for a specific number of hours or on a full time basis. If you are thinking of taking such type of work, here are a few things you should know before getting involved in network marketing.

Compensation Through Recruitment-

You must avoid any network marketing companies that offer compensation plans, which include payments coming purely from recruiting other distributors. This may be a sign that the network marketing company you are talking to is just a pyramid scheme.

Purchasing a Set of Expensive Products or Items in Advance-

You should also watch out for network marketing companies that will require their new distributors to buy a set of expensive items or products in advance. This is another sign of a pyramiding scheme and this will just collapse quickly.

Making Money Through a Downline-

You must also be cautious when a network marketing company would offer you plan where you will only make money if you constantly expand your downline instead of sales through products. Real network marketing jobs must not depend on the recruitment of other distributors to earn or by expanding the downline.

Get the Facts Straight-

Most network marketing companies have products related to health. If the network marketing company claims that their products have extensive health benefits, you have to get that information validated before believing or repeating them. The facts need to backed up by real validation and not just by the words of the representative that you are talking to.

Scrutinize What They are Saying About Incomes-

Other network marketing representatives would entice you to join their network marketing company by providing you information about the potential income that you can have or their current earning marks. However, you must be watchful and as much as you can scrutinize what they are saying since those using the pyramiding scheme will lie about their actual earnings just so you will join.

Never Be Pressured-

When joining a legit network marketing company, representatives will never pressure you or put you on the spot in such a way that you will feel compelled to join or sign contracts. They should allow you to take your time so you can think about their proposal more as well as weigh the pros and cons of the business for you.

Network marketing, just like any business, is not risk-free. Moreover, there would be certain individuals who might take advantage of the economic bumps just so they can recruit people in doing non-beneficial network marketing scheme. You must always be cautious and always think about things thrice. Remember these few things you should know before getting involved in network marketing.

Amway Network Marketing Review – Is This A Waste Of Time

The Amway network marketing business opportunity is one of the longest serving M. L. M companies in history serving its customers and members for over fifty years. Founded in 1959, Amway has seen annual sales of around US$8.4 bn. and has driven on to have a fantastic level of success. Amway has grown to be one of the largest Multi-Level Marketing opportunities on the planet and operates in more than 80 different countries. This company has created numerous millionaires by reps working diligently to reach this status creating 6 figure incomes every single month. There are always top earners in every field of business however how practical will it be for you to become a top earner within this company or ultimately will it be simply a waste of your time?

Amway products consist of healthy vitamins, supplements, high energy juices, beauty and body products like make up, body lotions for example. Amway has such a wide range of selling items that you can even find goods like cooking pots, car & home cleaning liquids and even jewellery for sell as well . In total Amway offers around 450 products. Distributors have such a abundant list of stock items it shouldn’t be hard to sell things even if customers are just browsing. Price ranges depend on what products are sold of which distributors make good commissions. In 1999, Amway teamed up with a company called Quixtar which form part of the Alticor Group who then developed the Amway network marketing model.

Amway has around ten thousand staff and almost 3 million Independent entrepreneurs ( IBOs ) globally. The determination to stay as the top direct selling corporation makes Amway stand proud of other Multi-Level Marketing firms.

The Amway network marketing opportunity works in a similar way to most other M.L.M companies now available, sell x amount of the product, sponsor x amount of distributors and your financial freedom is handed to you, sounds extraordinarily simple and straightforward. The marketing strategies encouraged by Amway are to sell and sponsor those from your direct warm market i.e. friends, family, neighbours etc . This is a proven system by a lot of network marketers that has produced superb results. There are however some major difficulties that come along with this marketing method for some representatives. Network marketing is a people business which requires other entrepreneurial folks to join your down line. If you already have targeted, determined people within your warm market then you should find it quite a straightforward process to sign them up, if you don’t have these types you will need to seek for these few and far between people which can prove extremely exhausting and unrewarding.

The Amway network marketing opportunity has had sceptics watching each move made by the company and was eventually able to take Amway to court on charges of illegal pyramid practice. The prosecution were never able to prove this charge so Amway continued with business as normal. With most businesses of this nature there are always folks who don’t understand this industry and are fast to reach an unjustified conclusions wasting peoples time and cash in the process. Network marketing is nothing like a pyramid, an important factor to remember is pyramid schemes hardly ever have a product connected with the business, instead just money is paid in with the hope that you receive it back plus 20% for instance. Amway operates in a totally different way and has over 450 products of which representatives sell to customers to make an income.

The Amway network marketing business model does have the potential to create your financial freedom however as discussed above marketing this business can prove more complicated than it sounds. Within my own mlm company It took me a while to grasp talking to individuals like my neighbour who had no real interest in becoming an entrepreneur at all was a complete waste of my time. I loathed the incredible amount of rejection that I faced not to mention the amount of cash I wasted on telephone calls, petrol, hotel suites, leaflets and so on.

Some Amway Marketers have become reliant on internet marketing allowing them to open doors that they had never done before. Network marketers are always taught warm market methods with the basic fundamental being people may join your team because they know, like and trust you, put any decent business model in front of them and there’s a possibility of them joining solely because of you. Working online is a much colder market however using personal branding (attraction marketing) methods like creating blogs and lead squeeze pages is a way for prospects from all areas of the world to learn more about you and what it is you do so turning a relatively cold market into warm.

Online marketing has allowed Amway reps to generate 50+ leads each day nearly on autopilot which is great. This solution to marketing has had wonderful results worldwide making millionaires in the process and could help practically any person in the world have better success within any MLM company including your Amway network marketing business.

Drop Cards – A Favored Offline Attraction Marketing Approach

Drop cards are by far one of my favorite offline attraction marketing methods. If you want to use attraction marketing strategies outside of the internet realm and do not have a big advertising budget, then you’ll love drop cards.

Drop cards can be utilized anywhere that you can set a piece of paper. The greatest thing about drop cards is that you are simply using attraction marketing where ever you go and do not have to bother with speaking to anyone who is not fully interested in what you are providing.

Drop cards are a folded up piece of paper that look like money when on the ground or dropped wherever. Just for a second, suppose if you were strolling in the airport and spoted some money folded in half and laying on the ground. Would you pick it up? Hell yes you would if nothing more than just the sheer curiosity to find out if it is real or not. Once a person picks up one of these drop cards they open it up and see that it is an advertisement for your business.

You can use any memorable phrases that you want such as “Best Home Based Business… Period” along with a website for them to visit. There are many different ways to use drop cards and I have my favorites. Here are some fascinating methods you can utilize drop cards in your offline marketing that I got straight from one of my partners who is know as the king of drop cards, Cedrick Harris. He has been using these drop cards for years and sponsors 1-2 new reps per week.

Below is a list of separate ways to make use of drop cards

#1 Gas Stations – This is my preferred since I have to gas up my vehicle to go places anyway. I’m already there so I pull up to the pump, stick my credit card in the slot to pay. Once I have payed and get under way to fill up my car, I take out a drop card and stick it in the credit card slot. Then I ensue to go to each pump and put one in each credit card slot. Now visualize about this for a minute . How many people do you know who actually goes inside to pay for their gas? Not too many. Because they are paying by credit card, they have to remove my drop card before they can put their card in to pay. Of course they will look at it because there is money hanging out. They might put it in their pocket and study at it later, or they could just drop it on the ground. If they drop it, it will still be collected up by somebody else.

#2 Bookstore and Libraries – This is a great place to specifically target entrepreneurs. I like to grab a handful of drop cards and go into a local bookstore such as Barnes & Noble. First, head over to the magazine section and put drop cards in every magazine that an entrepreneur might view such as “Success Magazine”. Then you can walk over to the book sections and put drop cards in any kind of book you can imagine of such as books like Rich Dad Poor Dad, Cashflow Quadrent etc.

#3 Grocery Stores – Most grocery stores have a magazine isle as well. You can put drop cards in those and on your way out you can put them in Real Estate magazines, auto trader and wheel deals. People who are probing through these are going to be increasing their bills.

#4 Waiting Rooms – Whether you’re waiting for a hair cut or an session with the doc, there are magazines galore to study through while you wait. You can grab a bunch of magazines and pretend you cannot find anything good to read. Instead, your putting drop cards in each one.

#5 Restaurants – This is another one of those great opportunities I learned from the master himself Cedrick Harris. Once you finished eating your meal it’s time to pay the tab and give a tip. Now this only works if you tip well so don’t be cheap. You can do this a couple different ways depending on what you are comfortable with. You can just include a drop card with the tip and walk away. You can also write a quick note on a napkin or on the back of the receipt saying something like “Thank you for the great service you gave us. I decided to leave this for you in case you keep your options open.” And finally, you can really say directly to them, “Would you be interested in a side project if it did not interfere with your current job?” Of course they will say yes. Then you say, “Okay I’ll leave something special here for you to take a look at and see if it is a fit.”

#6 Newspaper Stands – You can go to a newspaper stand to buy your newspaper. Once you pull one out, keep it open and stuff drops cards in each one of them. You just did some highly cost-effective advertising.

#7 In Airports and Planes – Whenever you are heading to fly somewhere you can make use of drop cards the whole way. When you’re in the airport you can casually sit down and throw a drop cards on the ground and step on it quickly so no one sees you do it. Then get up and walk away without looking back. When you’re in the airplane you can put some in the sky mall magazine in each of the 3 seats in front of you. Individuals read through these all the time with the goal of finding something new they didn’t even know existed.

Drop cards are the easiest and most cost-effective way to implement attraction marketing offline. You can get creative and just have fun with it. The greatest thing is that you can simply blend it into your everyday routines without much extra time spent.

Now there are several different kinds of drop cards that are around. There are ones that somewhat resemble the real thing and then there are the ones that easily look like money. And I mean that if you saw a $100 bill folded in half next to a drop card fold in half… you couldn’t tell the separation, right down to the kind of paper.

So if you do not have a place to purchase drop cards, I advise getting the best available from from my man Cedrick Harris the Drop Card King. These are the $100 bill drop cards that actually look like the real thing. He has a really great deal going right now at The Drop Card King.

Developing A Positioning Marketing Strategy Process

Developing a Position Marketing Strategy is determining exactly what Positioning is and why it is important. According to Wikipedia, positioning has come to mean the process by which marketers try to create an image or identity in the minds of their target markets for its product, brand, or organization. It is the relative competitive comparison that a company occupies in a given market as perceived by the target market.

Position is the customers overall perception of your business including its products and services. Position is what is in the mindset of your customer. If your positioning takes full advantage of your customers perceptions and you communicate this positioning effectively, it will set you apart from your competition and establish a solid first link in the purchase decision chain, also known as the awareness link. The awareness link shapes your relationship, and often the real purchase is made by the unconscious mind on the basis of awareness long before the actual sales transition is completed. Having good positioning makes for favorable awareness and sets you up for success right from the start.

Position can be very tricky in that its under your control yet it is not. To the extent that your customer may already have perceptions about your business, industry, products and services, those perceptions already are your positioning. You need to identify these perceptions because you can change your positioning. As a result changing customer perceptions with effective communications through your companys sensory package can influence the behavior that is consistent with the image you are trying to project to your customers.

Your positioning has to be genuine. It MUST be consistent with the reality of your business and it has to be consistent with the perceptions of your target markets or it will not be credible or believed. Positioning, based on false claims or a misunderstanding of your target markets, is a liability to your company. It can turn away prospective customers and weaken relationships with existing customers.

Differentiation is more than just simply being different from your competitor. You need to be preferentially differentiated and this is why it is important to be positioning your company in your target markets. I read many articles and blogs that constantly say being able to identify how your product or service is different is one of the factors that will make or break your business. You may ask why? It is because being different AND being able to successfully communicate that difference will secure a welcome niche in the marketplace for your business. To create a differentiation that will not be imitated, you have to think beyond your core benefits of your business. The companies that have succeeded in maintaining their differentiation over the years and werent intimated are those that innovated in qualities beyond the core benefits of their market. Be the innovator of qualities and think ahead and look outside the forest.

There is a systematic process for developing an effective positioning for your overall business. It is a step-by-step process, but it is not automatic and does not happen overnight. It requires careful thinking and insight from you from the inside of your business to position for the outside perception of your business. It requires that you know your target markets (see last weeks blog Your Target Market and the Need to Focus. It takes time, but with proper understanding of your target markets, you will have a foundation in place for building a positioning strategy that will draw your target customers to you. EXHIB-IT! has been working on our position strategy for the last few years after our competitor moved within .2 miles from our showroom where we had been located for a number of years. We took for granted that our competitor was across town and knew we differentiated our businesses and it did not hurt that we were on opposite sides of town. However, when our competitor moved this close to our location where we had been for 7 years at the time, misperception in the community occurred. Our company names are similar (as are about 500 exhibit names in the USA). We focused on position strategy, which has allowed us to grow 122% over a 2.5 year period. It was not an easy process in the beginning, but once we identified our target markets, along with our secondary flanker markets, it made it easy for us to have a position strategy.

To be effective and create a position strategy, the first step is to determine the general classification of your products and services. They can be classified into one of three ways (1) a true product, (2) a commodity or (3) a brand. Think about what you sell and which category it falls into and how that affects that way you are positioned in the minds of your prospect or customer.
Many companies confuse a solid marketing strategy with pure tactics, also known as a brand juice. Visual identity with clever tag lines and a creative “essence” advertising package through your sensory package are all key ingredients in brand juice creation, but they are only supporting elements. To be effective, such supporting elements must be part of a more comprehensive plan.
After determining your relative standing in the market and how the market sees you compared to your competitors, this will affect how you develop your marketing communications as you decide to either reinforce your current relative standing or try to change it, work on these five steps below.

1.Determine what the dominant gratification mode and purchase preference of your target market segments are. To do this, you look at the psychographic characteristics of your customer – which are the perception and behavior modes. You look at the interpersonal, objective and introverted modes and what the purchase preferences were regarding experimental, performance and value of your products and services and apply these to the way you create your positioning statement.

2.Develop other key psychographic characteristics of your target market. Study your existing customers (as this is your most cost effective approach to studying the characteristics) and look for clues to customer perceptions that will help shape your positioning strategy.

3.Redefine your product or services. Begin setting yourself apart and create a unique place in your customers minds to define your product or service in terms of its features and emotional factors that are important to your prospective customers. Then write your positioning strategy which should be a brief paragraph for each target market segment that provides an overview of your positioning by gathering all of the key positioning elements and pulling them all together.

4.Develop your unique selling proposition also known as an USP. This is your slogan, your tagline, and is an expression that will become closely linked with your business. It should be something catchy and easy to remember and should also contain a basic message about your company that elicits in your prospective customers the emotional gratification that they can expect from your business through its products and services.

5.Develop your positioning statement to be more explicit and an expanded version of your USP that explains and gives the rational justification for it by identifying what your business does, the result customers can expect from doing business with you, and how you are going to achieve that result.

Again, be sure to review this information and update it periodically to keep the information current. Your Position Strategy should be evaluated constantly by using metrics and updated periodically to keep you current with your prospects and customers needs.

Eric Worre Review – Top Network Marketing Leader

Eric Worre is a Multi level marketing veteran. He’s experienced MLM for well over 20 and is one of the main money earners inside the industry producing over 7 figures per year.

I very first ran across Eric’s internet site all around 2 ages back in search of MLM guidance plus I stumbled upon it. Eric Worre gives away a good deal of zero cost MLM education on his web page. I down loaded his top MLM Recruiting Texts and tried out them. And I came across that they truly are effective.

Before I go on this review article on Eric Worre, let me share several elements from that scripts download that I feel you will certainly benefit from.

First, be in a rush. People may be in a natural way keen on people that have things going on. Once you have hurry you might swiftly make the invitation plus there will be less queries. I take pleasure in this. When you prospect you’ll find out that most persons will ask quite a lot of inquiries. With this strategy you can keep that short plus sweet.

Don’t get into the whole home business opportunity on the phone. You might declare some thing just like “I’m on my own far out the door, I’m really occupied, yet I desired to run one thing by you real quick.”

Second, praise the individual. Eric Worre teaches that this approach paves the way of interaction plus the prospect will likely be far more likely accessible to what exactly you have to say. Therefore consider to always compliment the prospect. However even ensure that this compliment is valid.

A thing just like, “You’ve continually had wonderful achievement in business and we have continuously highly regarded that concerning you.”

Next, you want to have the invites. For a direct approach you may assert some thing like “I found some thing you truly need to view.” or “I’m starting a new organization and I truly want you to have a check out on that.”

Your next thing you prefer to do is acquire a time promise, confirm that, and ultimately get away your phone.

If you would watch Eric Worre’s videos you may find out that he is big on keeping that genuinely simple. Enjoy his videos plus you get that he’s big around the snug market, old fashioned, belly-to-belly approach. He’s big on maintaining foolish simple merely because in case it’s definitely simple it is really duplicable. Plus that’s what you want in Multi-level marketing.

The net shows that power. I recognize generating a Multi level marketing business off-line may well be time eating. Going to business mixers, networking through people that have excellent influence, and meeting persons out in public works. Yet the sorting activity is never ever ending.

You may attract persons that might be already sold at the concept and business model of Multi-level marketing; provide importance (education marketing), build relationship, plus build a team on the Internet. Just as within the off-line world, in the event you can get a leader inside the online space, you may entice like-minded leaders for you who would like to fire their particular boss plus find more freedom.

If you want to have success in the Network Marketing industry you have to learn from the best and model what they do. Get more valuable information by clicking on the following link: Eric Worre review. Learn how to use a simple mlm system to generate leads, sponsor reps, and build your Network Marketing business fast.