MLM Tips To Keep Hold Of More Prospects

If your mlm business has a great product and a great compensation plan it seems astonishing to note that so many persons who come into this industry fail to generate much money and create for themselves a stable financial future. The potential that this business style offers certainly is astonishing when you think about the capacity of developing a downline and having hundreds of people under you all eager to grow their business, in theory you should almost be able to take a back seat and watch the profits roll in.

Over the last few weeks I’ve had conversations with several network marketers, some have made money and others have not made a dime, I have concluded that the reasons for the most part why people are not succeeding in network marketing is due to inadequate training and support. Sad but true that most network marketing companies and sponsors simply have not shown their new recruits how to get money into their business quick enough. Retention rates in this business are somewhere around a pathetic 15% People just entering the industry often say they don’t get the assistance they need from their sponsors and it goes without saying that the traditional methods of recruitment do not work as well as they used to.

It is so important to learn and implement attraction marketing in this business, I learned from the great master himself Mike Dillard and since implementing his way of thinking things have never been the same again… in any aspect of my life! I highly endorse all his products to you and your team. When you start to market and brand yourself, if you are doing it in the correct way you will appeal to the right people to you and begin to create trust and understanding with them and done correctly they will be asking you to show them your business rather than you pushing it onto them. The internet is one place where you can utilise attraction marketing very effectively! One word of warning though, don’t become an annoying spammer by sending links everywhere claiming ‘Best Opportunity ever, make $5,000 tonight, Best Payout ever’ etc…you know the sort of thing, those emails fill up my inbox everyday. People will do business with people that they know and trust, it stands to reason you will stick out from the crowd by branding yourself and what you can give to your prospects in the way of support and very valuable training.

Always give true value! To gain the trust and respect of potential business partners you must offer them outstanding value, go above and beyond what everyone else is doing and you will stand out from the marketing noise and position yourself in a place of authority in the market.

You should have systems in position that will get the job of networking with prospects on auto-pilot, I mean things like auto responders and videos, emails you compose once and then can be read by thousands over and over again, videos you make once and can be watched by by new people time and time again. Again all this you must teach to your team. Attraction marketing is the way to go, not spam marketing. By passing on these these strategies to your team you will experience a far improved retention rate. I’d love to teach you more but I can’t do it all in one article!.

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