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10 Ways To Make Money In Network Marketing
Simple and powerful, yet often overlooked strategies to expand your network marketing business.
Network Marketing is an excellent way for the “average Joe or Jane” to make an extra income. This business concept has been around for decades, and it will not disappear any time soon.
The reason for its popularity is simple… It Works! It does however, require lots of work and most importantly, dedication and persistance to get the job done. The best part is,
once you are able to set up a solid network, your business becomes MUCH less time intensive. Almost like going on “autopilot”. The key is to get there as fast as possible.
Here are just a couple of tips I have found to be helpful in maximizing your Network Marketing Business:
First of all this is Number 1 for a reason, this is the most ignored part of ANY network marketing business. How do you expect your business to succeed if you will not even use your own products?
Does this seem silly to even have to bring this up, but there are many who are not using their own products, and wonder why they are not making any money.
Make a commitment to use your products for a year, and see where your business goes.
This is very important! You must rid yourself of negative ideas, sometimes referred to as “stinkin thinkin”. Also can be done in a variety of ways. I recommend reading at least 15 minutes a day,
but try to shoot for 30.
Business and self-help books are a great way to start. Don’t forget your Multi-level magazines, as they are full of tips and advice. Lastly, listen to cassette tapes on multi-level tips from top earners in your business.
Your upline should have only one goal in mind, To Help You Succeed! They are a vast source of knowledge and information. Mingle with top distributors in your group, or other groups, and ask how they made it.
Remember above when I said you are going to have to work, well here it is. Now here is the key, the prospects to whom you present your plan, do not have to be yours personally.
Show the plan for your downline, and not only will you create “security” by placing members in your downlines’ downline, it will also give you a boost in your personal income!
I can guarantee if you were to follow this rule for 6 months, you would create a downline with enough width and depth to create an income to sustain you and your family for life.
An entire book can be written on this topic. Usually, it’s the little things that show you really care. Try to maintain regular contact, and always praise your distributor’s accomplishments.
You can even offer incentives for specific achievements, such as money, travel, recognition, or other rewards, to help motivate your group.
However this will help to multiply your time, thus making you and your group more effective. Always lead by example. Never stop recruiting, training and retailing. Remember the KISS formula –
“Keep It Simple, Sweety” I know, I know, I changed the last word, but it maintains the meaning. This can be done my conducting simple, brief, yet dramatic presentations, and teaching your downline to do the same.
This is another largely ignored, yet very important, piece of your network marketing business. Many try so hard to build a huge downline, that they forget how much profit they could also make by selling their products to retail customers.
Some people will just not want to become part of your downline, no matter how great a product/system you may have. This does not mean they will not be personally interested in your product.
Try to make everyone your customer. Once you earn their trust, they will come to you more, and perhaps even join your downline later. Always “leave the door open”, as people’s needs do change.
You must give customers more than they expect, and always satisfy your customers complaints immediately. Try to listen 80% of the time, and talk only 20%. As stated above,
your customers can be a huge source of future referrals and/or business. You must earn and maintain their trust. Once you have their trust, you can always ask for referrals, which leads to even more business and a larger downline.
Write Them Down! You may have heard the expression, “How do you eat an elephant? One bite at a time.” Breaking up a larger goal into smaller easily attainable goals, is the key to success.
You cannot just jump to the end, you have to make progress everyday. Writing them down is another largely ignored, important tip to help you succeed. A goal is just a “passing thought”, or “wish” until you put it in writing.
That is when it becomes concrete and real. It is also a great idea to keep a business journal of your daily activities, as it will help you to become more productive and time-conscious.
All of the knowledge in the world is useless and unprofitable, until you put the most important ingredient of them all in place. This “secret”
Ingredient should come as no surprise at all, but this is the #1 reason for failure at anything in life. It is ACTION! Remember, knowledge is useless without action.
Following these steps will almost give you immediate results. Thank you for reading this, and I truly hope this has provided you with valuable information to help you and your business grow and succeed.
Marketing Your Business The Right Way
Whether you are a small business or a large corporation you need a good marketing strategy. There are dozens of ways to market your business the question is which ways are the most effective for your product or service?
First you need to know your product, is it something that people will feel they really need, what purpose does it serve? Who is your target audience?
Two major components of your target audience are what age group and which gender will be most interested in your product. Depending on what product or services you are trying to market you
Also may be able to target specific groups such as certain professionals or interest groups “hobbies”.
What is it about your product that is better then any of your competitors? Is it of better quality, does it have a longer warranty, does it cost less then the competition? You need to know what it is about your product that is better then the other ones around.
These are things you will want to tell your target audience about your product. An example might be if you are trying to market a fruit drink.
That they are more vitamin benefits to your drink. That it has a fruitier more refreshing taste. These are things that are going to motivate potential customers to try it.
I’m sure you have heard the first three rules of business and that is, location, location, location! Product placement is an important aspect of marketing.
Make your product accessible to your target audience. If you are a small business you want to place it somewhere that gets high traffic.
Depending on what you are trying to sell you want to be where you customers will be. Locate yourself near a shopping plaza, hotels, restaurants or a main street that many people use to commute to and from work.
When should you advertise your product? If you are using the media such as television or radio ads, this is a question to ask. When does your target audience generally watch television.
If you are targeting men a good time to place your ad is during sports programming. Is it something children will want, then air it during cartoon programming. If you are using radio advertisement and you are targeting any adult.
Try during rush hours, times when people are going to and from their jobs. Marketing your product at the right time is highly important.
No matter where you are marketing your product your audience needs to know how to get it. Do they have to go to a location to buy it? Can they order online or over the phone?
How easy is it to pay for? Is it an expensive product, but very beneficial? Can it be paid for in installments? These are also marketing questions you should ask.
Marketing your website
Marketing your website – Part 1 – Using articles, auctions, affiliates and auto responders
We explore the many different ways to market a website, both online and offline.
The ephesis is on low cost methods. This is a four part series.
Part 1 covers using articles, affiliates, auto responders and auctions as ways to market your web site.
Your web site is just like your business, in fact it is an extension of your business in some cases and it IS your business in others. Your advertising campaign must address each of these methods to the best and fullest extent possible given your advertising budget.
Let’s take a look at how you can use these different advertising methods to your best advantage:
Using Articles to market your web site
Short articles are a great way to generate traffic to your website. Articles can be used to keep the material fresh on the site so that your customers keep coming back, they can also be used to ‘advertise’ your site on web sites owned by others.
Placing your article on article submission sites allows others to download it and use your article in their newsletters and on their web sites. Of course there are links in the article that point to your site for more information or other reviews etc.
These links are great as they help increase your standings in the search engines.
The articles can be about any topic and you will find there are hundreds of article submission sites available to place your articles on. Most are free as they need fresh information so that their customers keep coming back as well.
Iwantabusiness.biz is a new article submission site that I have started to give you an idea of what one is like. Feel free to post your articles on this site if they pertain to small business or home based businesses.
Using Affiliates to market your web site
Affiliate programs can add thousands of independent sales people to help market your products and services.
Over the years I have been involved with many businesses, and one of the things I remember from my Amway days was that as an individual, I could only do so much.
I have 24 hours a day, 7 days a week, 52 weeks a year in which I can work.
I will hit a maximum point of sales that I can handle by myself. After that I’m done. The only way to do more is to automate and have others duplicate what I do. The same is true on the web.
We need to automate and duplicate what we do so we can have others expand our sales for us.
The first part of this equation is duplication. We can have others follow what we do and sell our products and services for us and pay them a portion of the profits. This is different than having employees.
Employees have no requirement to sell. They are overhead that must be paid regardless of sales. That is NOT what you want for a new business.
Keep your hard earned cash for other things.
What we need is someone that is willing to do the work for part of the profits. This is where affiliate programs come in to our formula for success. Affiliates are basically a partnership between web sites to advertise and promote products,
services, or information for a share of the profits. When someone they refer to you buys, you pay them a percentage of the sales. Result? More traffic, more sales and less time required by you to find the customers as someone else does it for you.
What else can a good affiliate program do for you?
• How about driving more traffic to your site!
• Build brand awareness as more people visit your site from the hundreds or thousands of affiliates that are advertising for you.
• Obtaining qualified leads that you can follow-up on to increase or up sell to.
• Increasing the links to your site which will increase the ranking of your site on the search engines resulting in more traffic and more sales.
There are all kinds of affiliate programs. Some programs charge to be a member and some do not. Some are web based and some are software programs that you load on your computer to set up and track the sales and affiliate yourself.
Which one you use is up to you. Here are a few that I have found.
Affiliate Net – This is one of the more affordable server side affiliate programs. With this software there are no monthly fees only a one time software charge. At the time of this writing this package sold from $49.95 to $99.95.
Referral Software –
This package is also server side although more expensive, it has many more features and is worth while to consider if you are serious about earning a lot of money with your Internet business. At the time of this writing this package sold for $299.00.
Click Bank – This is a web based affiliate program. By signing up on their web site you have access to over 100,000 affiliates. There are monthly and set up fees.
clixGalore Affiliate Networks – This is a web based affiliate program. There are monthly and set up fees.
I highly recommend affiliate programs.
For the reasons listed above. Remember they will help drive traffic to your site, which means more sales and you can use the affiliate programs to offer others services and make the commission once you are done with the client.
This could be a good business all by its self. Using Auctions to market your web site
Ok, you have a product or service you want to sell; you need to let people know about that product or service and you don’t have much money to spend. Imagine a place that gets over 3 million customers that are ready, able,
willing and looking to buy everyday. It is a Super Mall!
Ask any business person what they would pay to be in a mall that got 3 million visitors a day. You can see the dollar signs light up in their eyes… both in terms of cost and sales potential.
Remember my goal from earlier in the course when we talked about business planning? I need to have 4200 visitors a month come to my web site in order to sell 420 copies according to my business plan.
Well E-Bay gets 3 million visitors a day! Do you think that might be a place that I would want to advertise my books or my web site? You bet! In fact I have sold quite a few of my other books on E-Bay as well as bottles, baseball cards, clothing,
computers, software, training, video and much more. So can you.
Let’s take my Weekend Chef’s guides and see how I can sell them on E-Bay, Yahoo Auctions, or MSN Auctions. First I need an account. This is simple, but does vary based on who you are signing up with.
Follow the instructions (at the end of this page is an excellent course on how to really make money on auctions, but this will get you started). Once you have an account, we now need to place something for sale.
Think of the auction site as your web site As such we need to create a web page that offers you product/service for sale. I use a software package call Auction Wizard 2000.
They have an excellent program that allows you to try it for 60 days before you have to register. It is so easy to use as well. Using Auction Wizard,
I can create an auction page and automatically post it and repost as needed to any of the supported auctions. No special knowledge of html is required. Simple fill in the blanks and add any pictures or graphics and I’m done.
It also will track the sales, send emails to successful bidders, track inventory and so much more. If you are thinking of doing auctions, this is one piece of software to take a hard look at.
Back to selling my guides and building my business.
Within the auction listing, I can place a link to my site, offer a free download of some chapters of the book, of course, I will need your email before you can download. Remember,
I need to keep you coming back.
Be careful here, E-Bay does not like you selling outside of their auction so make sure the visitor is not allowed to buy from your site at that link. Well, now we have given something away for free (a chapter of the book), we have the visitors email address, and we hopefully will get a bid on the product/service. If not,
we have the email to follow up.
What has it cost us? Each item up for auction on E-Bay cost …. are you ready for this 30 cents to list it plus a small percentage of the selling cost. If I list my Weekend Chef’s Guide to Sushi on E-Bay with a starting price of say $1 it will cost me a total of about 30 cents for the week.
30 cents to reach millions of potential customers a day. If I sell the book, I will have recovered my 30 cents and started building my customer email list as well.
Now I could write a whole web site on using auctions, but this page is just how to use auctions to market your business. You can sell items and make a profit or you can just list items and build a customer database to market to later.
Either way Auctions make a great way to market your business.
I have on my website a couple more tips on using auctions as well at rd-webhosting.com or visit my eBay store for other eBooks that are available from time to time.
Using Auto responders to market your web site
Depending on the products, services or information you are selling auto responders may be able to automate a good portion of your web site business. An auto responder is a piece of software that checks email for certain words
or phrases and responds according to your wishes.
For example, you may have received a newsletter by sending an email to me with Subscribe as the subject. My auto responder sees that email come in and has a set of actions defined that when the subject has subscribe in it that it will email back to you our newsletter.
Another thing that the auto responders can do is following up with your customers at predetermined times with a predetermined letter. This is good for driving traffic to your site after they have visited and left their email address such as to subscribe to a newsletter or download a free chapter of an e-book or other information you have made available.
For my training business I send up to 4 different emails to each person that request my guide to increase their income. Each email introduces them to other benefits and services that are available. Some of the emails will offer a discount or free training class as an incentive to sign up for a class.
All of it done without me having to get involved.
Auto responders can be installed on your computer or used via the Internet. Some are free and others you have to pay either by the email address or based on the number of responses you want to program it to respond to.
Here are some links to auto responders on the web as well as a software package with a trial version you can use yourself.
Promasoft: This is the one we use with our servers. I highly recommend. They have a trial version that is a full version. It places a header in the outgoing email, so you will want to register once you have it up and running. I think it is a great program.
GetResponse: This is also a great program, although, this one is a subscription service. It can be a less expensive way to try out an auto responder. They do offer a free account as well.
This is part one of a multi-part series of Marketing you web site. In the next section we will cover marketing you web site using banner ads and classified ads .
Get Paid For Free-Wealthy Affiliate Review
Everybody would love to make lots of money quickly, working from home, and only doing a few hours of work per week. I’ve spent the past two years trying to find a great way of doing this. Only over the course of the past few months have I found any
programs worth buying. I’ve been trying to make money online for a long time. I had a few small websites, but they never made much more than a few hundred per month. It was easy money and didn’t require much work on my part, but I knew there were people out there doing better than I was and I knew I could do as well as them.
I’ve seen a lot of “get rich quick” programs. Most of these people make claims about earning $2000/day with Google or something similarly insane. Almost all of these people are complete liars. Even if they were making $2000/day with Google AdSense,
Because in one whole month, I never even made half of what they promised I’d make daily with their programs. Maybe you’ve already been scammed by one of these fraudsters. Anyway, I finally got sick of what was being offered.
I decided I’d look through the all of the “get rich quick” programs I could find and see if there were any that were actually legitimate. I found that there were owners selling their programs for well over $100, but the information in them could be found almost anywhere online for free.
had no e-mail support, no money back guarantees, and broken links in the downloads section.In conclusion, almost all of the programs I found were completely useless. The owners knew it,
but they couldn’t care less about their customers since they didn’t offer refund policies!
I actually did find a few legitimate programs. They were run by ordinary people like you and me, and they had found some great methods of making money from their home by doing very little work.
and my income is now ten times what it used to be. These programs provided a large amount of great information on how to make extra money on your computer doing very little work. Numerous customers had provided great feedback and reviews for their products.
Their programs have excellent prices, and the authors have a group of paid staff who are dedicating to helping you or providing assistance if you need any. I must say I was amazed! If you do decide to purchase any of the programs listed below,
Most of the owners tell me they are getting an overwhelming number of sales and plan on raising prices in the near future, so order while prices are still low!
To Your Online Success,