Truth About Network Marketing
The Rarely Told Truth about Network Marketing
by Bjorn Hakans
Today I am going to talk about something that seems to be one of those things that people either love or hate. What I am talking about is network marketing, also called MLM or multi-level marketing. Right from the beginning I will say that there is no need to have extreme views about this, it is simply a business model that you can use if you wish.
However, it is crucial that you understand HOW the business model of network marketing works.
I think there are basically two reasons that some people seem to be almost electrocuted, simply by hearing someone mention the word network marketing. Either they have tried it themselves, and because they didn't have a clue on how to do it they failed miserably. Or they belong to the group of people who can't get the idea that MLM = pyramid scheme out of their heads.
This second misconception is easy to debunk. Pyramid schemes are illegal almost everywhere, do you really think large multinational companies could operate year after year on an entirely illegal basis?
Secondly, this view on network marketing shows that the speaker is ignorant. He or she hasn't done an ounce of homework on the various businesses that are available to each of us today, and they are ignorant of the industry itself.
This means they aren't serious. It means they "would like" to make more money, but have no intention of making it happen. They continually "look" for home businesses, which is enough to satisfy their minds that they "did everything they could", but everything they find out there is flawed and are "scams". They are looking to buy "hope", not a business.
There is a Chinese saying that goes something like this:"If you spend too much time thinking about your next step, you will be standing on one leg for the rest of your life". Yes, there ARE scams out there, but MLM is not a dirty word and it is not a synonym for scam. Get over it!
***********************************************
BREAKING NEWS! Corporate America a Pyramid Scam?
***********************************************
As for the comparison to a pyramid in general - think of any company that comes to mind. The company will probably have a CEO, president, vice presidents, middle management, a sales force, and hourly employees.
It goes without saying that the guy at the top, the CEO, is going to make the most money, and the compensations continue to decrease down the ladder which starts at his cushy leather chair. The only way to get paid more and move up the ladder is to boot someone else out of their spot - and this is what people call okay and normal!
Not to mention the fact that the corporate slave masters seem to have no problem with working people to the limits...and then kicking them out the door before any of the benefits kick in. (As always there are some exceptions, of course). How is this any less pyramid than network marketing? All people in the company work hard, but ONLY those at the very top has "permission" to make a lot of money.
Now, in network marketing the basic idea is that it will be of great benefit to everyone involved to help people who are new reach the top. In fact the whole business idea hinges on this idea - the only way to become really successful in the long term is to help others. Of course there will always be a mathematical limit to how large a network can become, but with todays global marketplace, and a suitable compensation plan, there is usually plenty of room for everybody.
A network marketing company can diversify and find new markets, just like all companies have to.
But what about the miserable statistics of network marketing, the over 90% drop-out rate etc.?
This is mainly caused by the simple fact that not that many people know how to do network marketing correctly. And I must admit that some network marketing companies are responsible for this themselves, by providing useless ideas like making a "100 list" etc.
You see, this is a somewhat unique industry. Most people don't realize that network marketing is a business of marketing and promotion pursued by people who have NO IDEA how to market and promote.
Read the above paragraph once more and let it sink in...
If you are going to be involved in network marketing you need to develop both the right mind set and acquire the right knowledge (no, they usually don't teach this in college).
You must learn that when you do this business right:
* You don't have to "sell"
* You don't have to ask people to join your business.. They ask you!
* You don't have to post "work at home" flyers!
* People will PAY YOU to prospect them
You should learn that this is not at all about the Vitamins or whatever product your company is selling. In fact, this is one of the single biggest mistakes people make in network marketing.
Bjorn Hakans shows you how you SHOULD do network marketing in his free 10 Day course: Magnetic Sponsoring. Network Marketing Course
Additional MLM Resources
Kevin Trudeau's Network Marketing Secrets Revealed! -- Learn how to master the art of influence, build your business beyond belief, avoid the top 3 mistakes in Network Marketing and quit your day job in a year!
Social Network Marketing 2.0 - 75% commission -- Pays out 75% commission . Just been updated to version 2.0 with the latest techniques on Viral Marketing, Using Fan pages & list building on Facebook.
Dive in Social Network Marketing -- If You Are Not Using Facebook Marketing to Drive Traffic and Sales to Your Website You Are Missing Out on a Huge Opportunity - Download Ultimate Collection of 24 Traning Videos by Professionals
Mlm Tax Advantage -- The Legal Tax Benefits of Any Home Based Business Can increase your after tax, take home income by as much as $200-$800 or more Per Month before you ever generate a single lead, sell a single product or recruit a single new associate into your business.
Follow Up Selling Systems by Charlie Page -- Learn the secrets of email marketing from Charlie Page - owner of the Directory of Ezines. Use email marketing to sell more products, become a super affiliate, make back end sales, recruit leaders for your Mlm and more! Your autoresponder is now an Atm!
More Network Marketing MLM News
Press Release and Top Business Network Marketing News From 24-7 Press Release Newswire
Top Business Network Marketing, Press release and news information from 24-7 Press Release Newswire
Are You Including A Press Release In Your Marketing Campaign Arsenal? Perhaps You Should Be...
24-7PressRelease.com Selected as Top Source For Press Release Distribution
Ultimate Success Builders, Your Online Resources Center For MLM, Internet Marketing, and Network Marketing Training Tools.
We Promote Products that we use everyday. Products Like Magnetic Sponsoring by Mike Dillard, MLM Traffic Formula, and MLM tax Helper. Only products that we have purchase and use to help us obtain ultimate success.
The topseos.com List of the Leading Press Release Distribution Firms for August 2006 is Here.
Homebusiness Expert and Coastal Vacations Director Jay NaPier reveals the 17.5 Questions to ask before getting started in a homebased business
Homebased Business Expert and Award Winning Coastal Vacations Level 3 Director reveals the 17.5 Questions to ask before getting started in a homebased business
Mike Dillard the author of Magnetic Sponsoring, announces the release of MLM Traffic Formula. The Internet Marketing,Home Based Business,network marketing revolutionary traffic generation tool.
Mike Dillard the author and creator of the industry breaking Magnetic Sponsoring Announces the release date of September 1st 2006 for MLM Traffic Formula. This revolutionary product reveals how Mike and two other No name MLM Heavy Hitters sponsored 1,732
Mentors on a Mission Announces a New Website - MOM is The Training System for Network Marketers
Mentors on a Mission announces a new website that members can use to market the training system but also their own business.
Sharon Hill International Impresses The United Professional Sales Association
Business Etiquette Expert Presented to Chapter of International Organization
Internet Money | Making Money Online
Drive Traffic To Your Ebay Auction Site
Making More Money On Ebay
Guide To Building A New Site
Online Business Success
Why Content Is King Of Website Design
Joint Ventures Explode Profits
Free Or Cheap Advertising Methods
Find Your Niche
How To Create An Ebay Sales Page
Joint Ventures Explode Profits
Copyright © Robert Sherman 2006-2007