Showing posts with label Lead generation. Show all posts
Showing posts with label Lead generation. Show all posts

Wednesday, January 23, 2013

Network Marketing - Low Cost, No Cost Prospecting Ideas

Everywhere you go, you see ads for someone wanting to help you get leads... for a price, and then you don't know what you are going to get.  Thing is, you can generate your own leads/ prospects better and cheaper than any company ever could. After all, you know what kind of person you want to work with and what you have to offer, and remember, people join people, not companies.

That's right, rule number one, people you meet may be asking how to make money on line, but the final decision is based on the prospect thinking "can I do this and can you show me how".  If they like and believe you can help them, they will be the best prospect for you, and that only happens if you start a relationship with them, something that doesn't happen with an ad or website.

You are creating a warm market, you are making friends. One way to make them is to ask for advice, that's right, ask what they think about something, preferably about your business.  Everyone likes to talk and most like to talk about what they know, so getting an opinion is a great icebreaker.

Idea 1:  How about making up several difference business cards, each one featuring a benefit you offer. Ask your possible prospect what do you like better and show him maybe 3 different cards. He is sure to tell you what he thinks and while he is looking at them just might ask for more information. Now you have a prospect and he came to you... zero rejection!

Idea 2:  How about making up a quiz, everyone likes to test their knowledge and if you do one for network marketing, you will attract people that already have an interest or they probably wouldn't take the quiz. When you make up answers do multple choice so they can choose and make some of the answers fun, like Who makes the best network marketers.... A. houswives,  B. businessmen,   C. comedians   When you give them the answer you can explain why that is the best answer, but don't give it to them right away.  If you are posting it online, give them their score as a percentage of right answers with some fun  facts or something that will make them smile. Everyone is more open when they are smiling, it is much easier to get someone to listen to you in this frame of mind. Then ask for contact info with the answers, they will most likely wnat to talk to you anyway and give it to you. This can work at a fair or convention, you can even have a contest for product for the highest grade!

There are many more, if you have something you would like to add, please comment below and let us see what you are doing. There are as many ways to find people and get them to open up and talk as there are people, so don't  think of yourself as a salesman, think of yourself as a good will ambassador. You will have much more fun, meet some super people and have much more success.

Saturday, February 19, 2011

MLM Work From Home - Network Marketing instead of a second job

The biggest challenge in working a MLM business from home for me is being able to devote a block of time without interruptions to concentrate on my business.  Working from home has a unique set of challenges.  Family and friends sometimes don't seem to treat this as a real 'job' and your time is fair game.  They will interrupt you while working at home where they wouldn't dream of disturbing you if you were in another place working for someone else.  You have to make them understand and be determined to make this time as important to you and everyone else as it would be if you were going off to work.  After all you are working for yourself, isn't your business worth as much as someone esle's business?   Maybe more?

Working an MLM business can provide much more financial security than any other kind of job or brick and mortar business in a much shorter time, if it is worked correctly.  Luck has nothing to do with it, knowledge does. Make yourself a student of the industry. If you wanted to be a brain surgeon, wouldn't you go to school to learn the trade?  Even McDonalds has it's Hamburger University!

MLM is a business that can be marketed in several ways.  The old model says make a list of friends and family and get as many people in your living room or a hotel room as you can.  Talk to your warm market, and go back in your memory and look up as many people as you can to fill those rooms.  How many of you have tried this, only to have friends and family reject and sometimes laugh at your efforts, until you quit out of frustration. These days we have the Internet and if you learn how to use it, it can be a great source of finding optimized targeted leads that already want to work an MLM business.

There are many strategies both online and offline that will allow us to work from home and make the dream come true.  When you start your MLM don't just concentrate on the company and its products. Think about the  marketing system you will use because the process you apply for attracting and enrolling future partners needs to allow your personality to come out and be duplicatable for your clients joining you in your business. There are many different ways, and they are forever changing and evolving, so you will never run out of ways to advertise online. These new and improved strategies have only just started and will continue to generate fortunes for people that can understand and are able to use the power of the Internet.

What happens invariably with offline strategies is that unless you are a heavy hitter with a great influential circle, you will struggle with the friends and family because when you have exhausted your circle of friends and acquaintances, which for 90% of people out there is very limited, you are left with a cold market.  You first have to convince most of these people that a home business is a good idea, and then sell them on MLM.  No wonder it is called a cold market! What happens most with this kind of lead source is you have to have thousands of them to find one, and spend hundreds of dollars doing it.  A very expensive way to find people to talk to.

A good marketing system be easily duplicated and easy to implement. It should be inexpensive or free and give you a way to track your results.  It should be one that finds people that ALREADY WANT TO DO MLM.  It should make them want to talk to you. This in my book, is a whole lot better and easier than the old fashioned way of trying to convince others that don't have a clue about what we are trying to do!



 A Note:  Mentoring for Free is a free service that will help you learn how to advertize and find the system that fits you. Some MLM's have something already in place talored to the company, sometimes they will work well for you.  At Mentoring for Free there are experiences network marketers volunteering their time to help you out, and show you how to do things without getting caught spending money on worthless lead sources, and show you how to find your own optimized, targeted leads.  


Saturday, January 15, 2011

Being Successful in Network Marketing - How to Choose One That WIll Work For You

There is an endless list of network marketing companies out there, some good, some bad and some just out right scams, even illegal!  So how do you choose one to invest your time and money in?

Here some things to look for, or look out for when picking a company. 
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First you need a company who's management has experience and integrity.

Ask yourself who is the ceo?  Who decides the rules, and who runs the company?  Have they ever done network marketing before?  Go on google and do a search for information on the people that are going to be writing your check. Most of us have little information about the integrity and principles of the people that are deciding how this company will work. If this person or group of people has no experience in managing a company or if they are in it for the management, not the distributor, you will have trouble. The policies and procedures should be there to protect the distributor, not the management, and you should be able to understand the language. If it is written in lawyer terminology and has lots of pages, it is probably hiding something they don't want you to know. Ask yourself if this is a company you want to trust with your future?  Get a copy and READ the policies and procedures, they don't need to be 20 pages long unless they are providing more for the management than the distributor.

Next most important is timing in the industry and timing in the company.

So often we go by some great product that is said to be the next best greatest thing since sliced bread. Technology moves so fast that it is easy for someone to take a product and make it sound like the best deal yet. Always you need to get in on the "ground floor" to really make it big. And it is said to be easy and something everyone will want and need in the near future.  The trouble with these claims is that the ground floor could very well go out from under you anytime, because technology moves so fast, there will soon be something even greater to take it's place and that product will be so cheap you can't compete.. Something like 90% of the startup companies fail in the first 2 years. Do you want to build a business with this company?

The third thing to look at is the product, you need a remarkable product.

This one is the easiest. If the company has been around very long, they have to have a great product, or they would be out of business. The product should not be something you can get on ebay or in the stores for less than you can sell it for. If it is on the shelves for less, then they are making money on the distributors, not on the product.  Technology companies are the worst only because the product that is great today is replaced by  another one in the near future.  The best product is something that is being used up so the customer has to buy  it again the next month. This is why nutritional and cosmetic products do well.  Consumable products will keep customers coming back. You don't have to love it, you just have to find customers that do. Would you buy this product if there wasn't a business opportunity attached?

The fourth thing to look at is the compensation plan.

Most people do a network marketing company in their spare time. They are part time workers, and they have to be able to make money within a couple of months to stay in long enough to learn the business.  So the compensation plan has to pay the part time person. There has to be a way to make and build an income without having to build a massive network. They have to have products that are priced so they can be sold competitively in the retail market. The plan has to pay it's distributors on everyone that comes in.  Use something that is a level measure, for instance how many people do you need to make $1000 a month or $10000 a month, in residual income. All things considered, would you rather work in a company that you need 250 people in your total organization to make $10000 or one that takes 2500 people to do the same thing?  This is something to think about.

How about training, how are you going to go about building your business? You need a proven duplication system that will allow your people to go on learning and building even when you aren't around to guide them.

This system should be one that is easily understood. It needs to give you step by step instructions on how to do it, not just get people and sign them up, but HOW to get people to talk to and WHAT to say to them once you get them. When someone is looking at doing a business and joining YOU, they want to know do you know what to do to make money at this and can you teach them to do the same thing. With a system like this you can grow, you won't have to rely on the front end and just recruit to make up for the ones that drop out, because if your people can duplicate what you do and make money, they will stay.

With this system, you need a MENTOR, someone that you can model what you do and that can help you to understand what you need to be successful. No matter what company you are trying to build, this is the most important. You should NOT have to buy leads, make lists of friends and family, talk to everyone you meet where ever you go, and do presentations to as large of a group as you can. My mentor has showed me how to find people without doing this. I DO NOT spend money on leads, I have many ways to find people that are looking just like me and want to do a business from home. You can be successful no matter who you are or what you have done before. If you have failed before, you won't if you go by these principles. Just do some critical thinking and you will be a superstar!


If you want to find out more, listen to this audio.  the 5 Pillars of Success

Friday, January 7, 2011

A new year is here and I am working on lots of things. This year is going to be focused on finally owning my life! I have been working on mlm companies for many years, switching from company to company when the last one didn't work or get too expensive with little success. But now have found a system called 'Mentoring for Free'! They are making all the difference.

They started out by saying my lack of success was not my fault... WHAT!? All the other companies and sponsors would lay it squarely on my shoulders when I asked why I wasn't prospering like they promised when I joined. Talk to more people, make your list of friends and family and add to it, talk to people at the grocery store, join more lead sources ( this was expensive). Mentoring for Free says, DON'T BOTHER YOUR FRIENDS AND FAMILY.... ? Here are low or no cost stratigies for talking to people already wanting to work a business from home, they already believe in the business model. WOW! What a difference!

Now I spend my time working with people that want to do what I do! I have mentors that take the time to help me find ways that FIT MY PERSONALITY and pocketbook to get my message to quality prospects. I get to help other people do the same, we are a family of like minded people working together to finally own our lives. It is fun and prosperous, and I want to get on the phone, because I am going to talk to people just like me and really make a difference.