How to Make Money in Network Marketing Business
Network Marketing Business is an excellent way 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 persistence to get the job done. The best part is, once you can set up a robust 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 help maximize your Network Marketing Business:
- Use your products regularly. This is Number one for a reason why 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 products? It does seem silly also to have to bring this up, but many are not using their products, and wonder why they are not making any money. Commit to use your products for a year and see where your business goes.
- Educate yourself constantly. This is very important! You must rid yourself of negative ideas, sometimes referred to as “stinking thinking”. This can be done in a variety of ways. I recommend reading at least 15 minutes a day, but try to shoot for 30 minutes. Business and self-help books are a great way to start. Don’t forget your Multi-level business brochure, as they are full of tips and advice. Lastly, listen/watch media content on multi-level tips from top earners in your network marketing businesses.
- Spend as much time as possible with your upline. Your upline should have only one goal in mind, To Help You Succeed! They are a huge source of knowledge and information. Mingle with top distributors in your group, or other groups, and ask how they made it. Most everyone should be more than happy to provide you with excellent tips and advice.
- Present your products and marketing plan personally to at least one person daily. 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, but it will also give you a boost in your income!
- Care for your downline. An entire book can be written on this topic. Usually, it’s the little things that show you 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.
- Duplicate yourself by making distributors independent of you. This will help to multiply your time, thus making you and your group more productive. Always lead by example. Never stop recruiting, training and retailing. Remember the KISS formula – “Keep It Simple, Sweety”. This can be done by conducting simple, brief, yet dramatic presentations, and teaching your downline to do the same.
- Create a large customer base. This is another largely ignored, yet very important, piece of your network marketing business. Many try so hard to build a massive 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.
- Focus on your customers’ needs. 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 more massive downline.
- Set daily, weekly, monthly, and yearly goals – and 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, and you have to make progress every day in the network marketing businesses. 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.
- Get Out There And Do It Now! 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 number one reason for failure at anything in life. It is action! Remember, knowledge is useless without action.
I believe this post has provided you with valuable information to help you and your business grow and succeed. To get started right away, find below some lucrative network marketing businesses:
- Phytoscience. Phytoscience products are made from Stem Cells. Stem Cell is the new face of science and it’s the medicine for the future and the future starts now. So many health-threatening diseases have been put under control by using this stem cell technology. By increasing the number of your stem cells, you can nourish and rejuvenate your heart, blood vessels, arms, kidneys, joints, skin and internal organs. Click here to start the Phytoscience network marketing business.
- Norland Industrial Group. Norland is mainly involved in health and beauty consumer goods with health detoxification as the core product. This includes Zhimingde Detox Pro Pack, Detox Pro health food, Health way, Chaolikang and Fudi’an, Meibao Nutrition Health Food, Anti-aging Series, Platinum Luxury Anti-aging Skin Care Products, Nouripad Personal Care Products, etc. Click here to start the Norland business.
- Recharge And Get Paid (RAGP). Recharge And Get Paid offers one of the easiest ways to make money online in Nigeria today. New members joining the program are called distributors and are placed in a 3×10 forced matrix that allows members to earn a residual income even when they stop working. Click here to start Recharge And Get Paid network marketing business.