Lisa asks…

What is your opinion about networking or multi level marketing business?

If you do this business before please give some advise.

multi level marketing business

Bill answers:

Well… First of all, MLMs / “Network Marketing” companies are not all pyramid schemes. Most people will tell you that they are, but that’s simply not true.

A pyramid scheme makes all or most of their money from recruiting people into their down-line while an MLM will make some money from their down-line, but will make a good portion of it from actually selling a product/service.

If you’re considering joining an MLM, you have to be ready to commit to it and know how to sell whatever their product is. If you don’t see any good reason why you would buy the product from the MLM vs. Anywhere else, you shouldn’t bother wasting your time and money on it.

I work in a direct marketing company that sells sales leads. I’ve seen plenty of people involved in one MLM or another come to us and put out hundreds of dollars on leads in hopes that it’ll pay off. It does for some, but it doesn’t for most. I recently graduated and I remember a lot of guys and gals that got involved in MLMs out of pure desperation. They had no clue what they were doing and failed miserably. What’s worse is they always end up spending what little money they have on the sign up, training and whatever marketing tools they push.

A friend of mine just got involved in an MLM this week. He reached out to me to hook him up with some leads. He found an MLM he likes with a product that he likes and can sell. He’s working on putting up a site at http://www.joecassano.net/ . He’s planning on blogging about the whole thing. He also has a full-time job and is doing this on the side – which is one of the best ways to go… Not as much pressure to succeed. Under too much pressure, people tend to get a little irrational…

In a nutshell, my advice to you is if you’re planning on jumping down the good old MLM rabbit hole, make sure you do you’re research and find one that you know you’ll like. Make sure they have a real needed/wanted product that you can sell and not just rely on recruiting people. Make sure that they have a support program that won’t cost you an arm and a leg. The hardest part is getting started. Once you get the ball rolling, you should be fine.

Lastly, one of the best ways to succeed in an MLM is to learn how to sell you’re product and when you recruit people into your down-line, train and support them to succeed too. When they’re in your down-line, their success is your success. If you start to just recruit people to make your “recruitment commission” then just leave them high and dry until they quit, you’re going to run out of people to recruit and fast. When you recruit someone, treat them as your apprentice. Then watch them flourish and reap the benefits! Here is a system that you can use that will get you an endless flow of leads to your business. Leads on demand

Nancy asks…

How to be successful in Multi-Level Marketing business?

Give me some tips, I joined MLM business but the package price is so expensive and a lot of people can’t afford to join. Please help!!!

multi level marketing business

Bill answers:

Success in MLM is based on one thing.. SALES. Rule number one would have been to do your homework on many different MLM companies before choosing one. However, apparently someone approached you with this opportunity and you signed up.
You need to be good at sales. The higher up people and even the company videos may deny this and tell you there is no need for sales or sales training but it is true. Look into sales books you can buy on Amazon. You need to ask yourself what you are really selling. On one side is the product or maybe a membership to some group. On the other side you need a down line so to them you are selling “the dream” of wealth. The problem with accepting this fact of “selling a dream” is that you have to admit that you drank the “cool aid” as well.
One big problem is that most people try to sell to what I call their “circle of influence” this is their friends and family. The people, who know, trust and like you. I would advise not to sell to them, it will alienate them from you. You can ask them to keep an eye out for anyone interested but I would not try to enroll them. The cost to you if they fail is too high, they may feel bitter or ripped off and your relationship will be damaged.
It’s better to tell them all what you are doing and ask them to let you know if they know anyone that might be interested. Then go “prospecting” for those you don’t know. This is a much harder group to sell to but it is worth it.
Ask yourself
1 what am I really selling
2 who are my potential customers?
Then figure out how to market to those people who will buy.
Remember this is a business, your business don’t think of it only as something you do. Be professional and learn all you can about sales and business. To get some great training just go to the following link. TRAINING

Michael asks…

I am thinking of Doing Multi level Marketing business, can anyone suggest me which is best in India?

The business should be Honest & never mind if the money come slow.

multi level marketing business

Bill answers:

AGEL ENTERPRISES
HINDUSTAN LEVER
AMWAY
HERBALIFE

Or you could join here and have some fun! GO HERE!

William asks…

Is a multi-level marketing business the best way to be a part of the 1%?

I’m considering joining a MLM business called YOR Health, and my friends are always telling me that in order to be rich, working in a MLM business is the best way because you can make residual income. So, is that really true or a bunch of bull?

multi level marketing business

Bill answers:

Yes, there are great opportunities in MLM. This is a great one CLICK HERE

 

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 February 22, 2012  Posted by at 1:01 pm Q's & A's  No Responses »
 

Is Multi Level Marketing The Best Kept Secret in The Business World?

Did you know that Multi Level Marketing or Direct Selling has had a twenty year consecutive growth pattern? Compared to anything else in business MLM is a monster. Every week 175 000 people in the USA and 500 000 people world wide sign up for multi level marketing? In today’s economic climate aren’t you surprised that it still shows immense growth? What about saturation you ask? Well the fact is that less than one percent of the worlds population is involved in MLM. We haven’t even started yet.

All around us we hear bad news, people loosing their jobs, the unemployment rate rising. The economic stimulus packet, that was supposed to jump start business, has simply not worked. We are all feeling the pinch, and the truth of the matter is that times are changing. People are more likely to start their own business and the spirit of entrepreneurship is growing at a breakneck speed.

Is Multi Level Marketing the Business of the 21st century?

Some of the best minds in the world and also some of the richest men on the planet have only very positive things to say about the business. In his New York Times Best Seller, The Business of The 21st Century Robert T Kyosaki, says that multi level marketing is the best way for the average person, that would be us, to build a great business, that will let him live and retire with total freedom, today!

Mark Yarnell, made himself 30 million dollars with MLM, and Warren Buffet, one of the richest men in the world, called it “The best investment I ever made” These guys obviously know their stuff, and blows all the negativity of multi level marketing out of the water, like pyramid scheme and I don’t know what else people have been saying to put mlm down. Just look at what Kyosaki says about networks, “The richest people in the world look for, and build NETWORKS. Everyone else looks for work.”

Multi Level Marketing and The Internet.

Now that we have established that multi level marketing is truly the business to be in, how about leveraging the power of the internet to market it. I know how irritating it can be when people say that you have to recruit your uncle, grandma, cousin and your cat. Luckily we can kiss those days goodbye and use the internet to market to the whole planet. What are the steps to successful marketing and how can one drive enough traffic to our mlm offer without spending an absolute fortune on advertising. One of the best forms of marketing these days is without a shadow of a doubt is video marketing. You Tube has a crap load of traffic, the third most popular site on the internet. Oh, but you say that it is such a schlep to make videos. Not really, just keep it simple and you may just come up with the most powerfull tool in your multi level marketing strategies,check out this short one that took me 20 minutes to make! You might learn how to make some money, ssshhh

THE LINK TO MULTI LEVEL MARKETING SUCCESS!

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 December 12, 2011  Posted by at 10:20 pm Multi Level Marketing  No Responses »
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