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MLM Tips To Keep Hold Of More Prospects
Posted on January 19th, 2012 No commentsIf 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!.
Discover more about the business within this Numis Network review
Work From Home Attraction Marketing, Back Seat, Business Style, Compensation Plan, Conversations, Downline, Financial Future, Marketing Training, Methods Of Recruitment, Mike Dillard, Mlm Business, Mlm Tips, Much Money, Network Marketers, Network Marketing Companies, New Recruits, Profits, Prospects, Retention Rates, Spammer -
Pay Me Forward: Breaking It Down.
Posted on November 30th, 2011 No commentsPay Me Forward is often a program that launched on about November 10, and leans on the ‘Pay It Forward’ idea for its concept.
The PayMeForward.com home page explicitly states it has no connection with the movie referred to as ‘Pay It Forward’ … though it does have a YouTube video of a clip from the movie on the page.
This all comes from Peter Wolfing who has been involved in quite a few programs such as Free-leads.net along with the similar InfinityDownline.
The ideal factor in performing a review about this entire Pay Me Forward program is the fact that the website has the rest with the information and facts you need for your due diligence to sort a scam from a legit small business. Many of the details are inside the fine print or on subpages, so let’s review the pieces step-by-step.
The Spend Me Forward Concept.
Basically, you join for $25, and as long as you agree to pay for two other who join with you inside your very first 30 days, your sponsor will pay YOU back.
So your sponsor does the ‘Pay Me Forward’ by refunding you, and you do the same for the two sign-ups.
Their jargon for this compensation strategy is often a ’2X2 “Follow Me” Matrix system’.
If everything goes to strategy you still spend $25 ie your 1st $25 is refunded and you refund two persons to spend out $50. But all that is in an perfect globe.
At some point this method of agreeing to spend forward will break down, as well as though the website claims ‘this will hardly ever be an issue’, the truth is it’s going to inevitably wind up happening quite a lot.
This indicates unless you are performing a lot of referrals to ensure it won’t break down for you personally, it is possible to ignore the rest of the particulars.
Cycling, re-entry and sponsor bonuses are only relevant with much more downline.
If the Spend Me Forward system really worked ie 1 individual refers 2 who both refer two etc, then this doubling only has to happen 33 times to run beyond the number of individuals within the entire world.
Yes, this technique can earn money from your referrals (assuming ‘the company’ pays out), and it is going to surely attract alot of folks, but it ultimately Must break down and leave alot of persons out of pocket considerably additional than $25.
But the Pay Me Forward home page does usefully clarify that without genuine goods a program is just an illegal pyramid or chain letter scheme ie a scam, so you will need to check out the product they’re providing.
Click here for extra about: peter wolfing.pmf At Dr. Martin Russell’s weblog about internet marketing
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Best Home Business For 2011: Numis or XAG Network?
Posted on January 30th, 2011 No commentsIf you are new to Network Marketing, or have been away from the industry for some years, you should be very wary of jumping into anything where everybody gets excited, then quits soon after signing up in your downline.
Here are two guiding criteria I recommend you follow:
The opportunity has to be so simple that people can swiftly turn around and share it with confidence.
It has to reimburse people very well in their opening month.If you don’t get both of these things in a business there is no point in looking any further. So I checked out both the Numis Network and amp;lt;a href=amp;quot;http://xagnetwork.com/index.php?spon=3687amp;quot; target=amp;quot;_blankamp;quot;amp;gt;amp;lt;strongamp;gt;XAG Networkamp;lt;/strongamp;gt;amp;lt;/aamp;gt;, and these are my observations.
amp;lt;strongamp;gt;MARKETINGamp;lt;/strongamp;gt;
Numis really do have their act together. Websites, systems, marketing, all well done. The co-founder, Mike Mezak, is from the world of the TV Shopping Channels.
XAG Network is not as visually imposing, but easy and straightforward, which I think is important. Not a lot of buildup, but the promotion tools are developing, and it seems they are receiving traction and attracting several qualified leaders.
When it comes to marketing, Numis wins hands down at present, but the chronicle isn’t over yet. If you slice though the packaging and look for substance XAG wins in scores of ways, but I understand why for many Numis win on the matter of advertising. For the time being!
amp;lt;strongamp;gt;VALUEamp;lt;/strongamp;gt;
An knowledgeable collector would never bother with the Numis coins. The grading company Numis uses is the least attractive, as compared to PCGS and NGC. The featured Numis MS70’s might only get graded as MS68-69 by a more well thought-of grader, and be worth $30 to $70 max. It has been suggested that Numis must be buying van loads of them at a cost a great deal less than the price they promote them for. Millions of these coins are made; so much for rarity.
On the other hand, XAG lets you purchase coins and bullion amp;quot;at near Silver spot price amp;quot;. So far not a solitary person who asked for a quotation has reported that they found a better deal somewhere else. Other dealers have said that they cannot compete with the XAG business model. My strategy is to introduce people who desire to be paid money so they can then make a purchase of precious metals at the best price, as well as those who are enthusiastic buyers already. So for me, XAG wins hands down on the point of Value. Even if XAG did not exist, I still would not sign up Numis.
amp;lt;strongamp;gt;
WHY NOT?amp;lt;/strongamp;gt;Numis costs $495 at the Executive level. One MS70 coin included, plus a plastic collector case and marketing systems. XAG at present costs about $46, and pays on eight levels of a 5 X 8 Matrix and one Canadian Maple Leaf 1oz silver coin is included. $46 is a much simpler buying decision, and I think people will better appreciate what they get for it. So for me, XAG wins on this feature.
amp;lt;strongamp;gt;ONGOING COSTSamp;lt;/strongamp;gt;
Numis has an autoship ($99.95/month + shipping) plus ~ $9.95 / month for websites. amp;lt;a href=amp;quot;http://xagnetwork.com/index.php?spon=3687amp;quot; target=amp;quot;_blankamp;quot;amp;gt;XAG Networkamp;lt;/aamp;gt;- just $46.
amp;lt;strongamp;gt;FAST STARTamp;lt;/strongamp;gt;
Let’s look at the Numis and XAG Network Fast-Start offer.
Numis pays $100 for referring a sale, so look for how many sales it takes to break even. Every business should have positive cash flow, AND it’s a dilemma if it does not. Let’s say the coin and the case are assets worth $100. So you must make $400 to break even and to begin profits. And, you must earn the $400 before your autoship kicks in a couple of times, presuming that sooner or later you’ll conclude the actual worth of what you’re receiving on that autoship is not justifiable to you.
Yes, Numis has a coded bonus structure too but, unless you are sponsoring quite a few and seeing duplication, it’s not what you would consider part of the amp;quot;fast startamp;quot; money – unless you are a high-class networker.
XAG: The coins shipped to you are worth $29 or so. Net cost about $15. Four sales and you break even. No other costs.
More points to XAG. Mike Peever understands the importance of the word amp;quot;fastamp;quot; in Fast Start Bonus. I’d say XAG. would be at least two times as rapid as Numis to get to affirmative cash flow in an average situation, and the simplicity and buying decision factors might improve that to three or four times.amp;lt;strongamp;gt;
THE BEST OF THE COMPENSATION PLANamp;lt;/strongamp;gt;This is the age of Frankenstein compensation plans that take pieces from every comp plan out there and stitch them together. They call them amp;quot;hybridsamp;quot;, and amp;quot;the most lucrative in the history.
Your best bet is to check out the first page of a comp plan and pretty much ignore the remainder. The first page is fundamentally what will determine attrition. All considered, the remainder of the Numis comp plan rapidly becomes beside the point. Here’s why:
It is not bad compared to many and has a lot of features for leaders. The coded bonus is pretty attractive. But again, since the great bulk of people will never access the advanced features of a complex comp plan, you should center strictly on what most people’s experience will be in the company.
In Numis it’s hard to visualize most people getting much beyond the fast starts and binary before they give up or their networks erode away.XAG pays you on 8 levels and multiplies by 5 each level of the matrix. That’s it. There is nothing else to understand, no hoops to jump through, no endless qualifiers, no strong leg / pay leg uncertainty. They have a 59-second description. Mike Peever worked as admin and comp plan programmer for many years. He saw the trends towards difficulty, and has referred to it as amp;quot;smoke and mirrorsamp;quot;. He created XAG to give people an substitute to industry hype. No money is spread about to highly developed features; it all remains in the matrix – where everyone has quick admittance.
So for me, XAG is the only choice. Keep it uncomplicated! Done. Pay new people properly so they don’t get dispirited! Done.
amp;lt;strongamp;gt; amp;lt;/strongamp;gt;amp;lt;a href=amp;quot;http://xagnetwork.com/index.php?spon=3687amp;quot; target=amp;quot;_blankamp;quot;amp;gt;amp;lt;strongamp;gt;TAKE ADVANTAGE.amp;lt;/strongamp;gt;amp;lt;/aamp;gt;
Numis Network will get big based on marketing to people who are not clued-up about coins, but who are eager for an break. From May 23rd to Jun 10th a dependable average of only 22 people per day joined Numis. With over 10,700 signed up since last summer, how many can actually still be working it? Draw your own conclusion.
However, Numis did get 1000’s of network marketers animated about precious metals again, so take advantage and join amp;lt;a href=amp;quot;http://xagnetwork.com/index.php?spon=3687amp;quot; target=amp;quot;_blankamp;quot;amp;gt;XAG Networkamp;lt;/aamp;gt; today, and make it your foremost money-maker for 2011.
If you want more information about investing in silver bullion and/or coins, go to my blog amp;lt;a href=amp;quot;http://www.whycashistrash.comamp;quot; target=amp;quot;_blankamp;quot;amp;gt;http://www.whycashistrash.comamp;lt;/aamp;gt;
This posting was based on an article by Scott Hull, a business mentor and west coast XAG Network Team Leader. Experienced in years of network marketing, team building and an Internet Marketing expert. amp;quot;In network marketing, People join People, not Businesses!amp;quot; Said Scott Hull. numishull@gmail.comlt;centergt;lt;pgt;lt;font size=’1’gt;lt;igt;#1247lt;/igt;lt;/fontgt;lt;/pgt;lt;/centergt;