Monday, February 21, 2011

How to Recruit Individuals for Reference Marketing Business!

In order to be successful in network marketing, you will need to have a good team of sellers behind you. The sellers can come from anywhere, such as family, friends, or neighbors. The sellers are the people who will help to increase your business and income. When you are on the search for sellers, some things to look for in a seller are their motivation and experience level.

Some individuals may seem motivated, but they may not have a clue on how to sell a product. If you plan on having tutorials available to your sellers, then it may be a good idea to keep those motivated sellers on your team. They will be able to learn how network marketing works. Also, when you offer your sample kit to your sellers, make sure that it’s reasonable.

Your sellers want to get into the network marketing business with you, but if it’s expensive, they may change their minds. Another way to make sure that everyone on your team is on the right path is to have gatherings. At the gathering, help each other to find ways to make more sales. You can also tell each other success stories. This will motivate your other sellers who haven’t had many sale. The gathering can be a meeting at your home or a telephone conference.

When it comes to payment, you will want to offer all of your sellers a good commission. Many sellers may want to know ahead of time how much you plan on offering for each sale. Many network marketing companies offer their sellers up to 50 percent for each sale they make. You can also offer an extra 10 percent to your top three sellers for the week. This will motivate your other sellers to work harder.

Communicate with all of your sellers on a regular basis. If they have an issue pertaining to the job, answer it immediately. If you don’t communicate with your sellers in a professional manner, they will leave. Emailing your sellers may be easier, but it may be a good idea to talk to them over the telephone once in a while.

Tips on Network Marketing!

 

Once you have set yourself up in the direct selling business there are lots of options to generate a steady income and sign up lots of referrals. Here are some great ideas for network marketing that should help you decide what to do first.

Using the internet to market your business is one of the first steps to take. By submitting information articles to article directories you will be able to build up a reputation and a name for yourself. If you’re not so great at writing, you can pay to have content created for you – just make sure you are purchasing the full rights so you can put your name on the piece.

Cold calling is quite a daunting task if you have never done it before – you might be concerned that no one will be interested, as people do tend to complain about cold callers. To stand out from the regular sales pitched that usually come via the telephone, learn how to approach the task confidently. Create a list of ice breakers to keep the conversation flowing – and don’t worry if somebody really doesn’t want to know – just hang up and try the next number. Another good tip is to keep a loose script for how the call will go. Of course this will need to vary slightly each time, but it will help keep the focus and direction of the call. If you find that you get a little blank when questions are asked, keep a note of facts and figures to jog your memory.

Some people are naturally confident and find it very easy to pitch a sales idea or speak in public. If you’re not that way inclined it is quite important to deal with it right away. In order to be a successful network marketer, you should be confident in all situations and able to socialize anywhere and everywhere. There is no delicate step by step approach to getting over anxiety related to public speaking; the best thing to do is jump in at the deep end. Try to enjoy the moment and be enthusiastic about what you are speaking about. It will help to be well versed in your material as well as practicing in front of friends and family beforehand.

Monday, February 14, 2011

AloeVera Based - ForeverlivingProducts





Generating Leads---The top 10 tips for recruiting people to your MLM business


Q: What's the best way to get business leads? I have no problem retailing my natural health care products, but I need help on recruiting serious people into my business. What are the top 10 lead generation sources that could help me find these people, and what do I do when I find them?
A: This is a challenge for most MLM distributors. When it come to products, it sounds like you've made a wise choice in your company selection. This will provide a good foundation for sponsoring satisfied customers and is the "back door" approach to a building downline. A satisfied customer will tell others, and the retailing and sponsoring cycle starts again.
Are you more comfortable turning customers into distributors or distributors into customers? Before you sink effort and your precious money into lead development systems, make sure you have a comfortable recruiting strategy that matches your style and promotional campaign. Know your products and compensation plan, understand how to access the company support systems, and enlist the back-up support of your sponsor. Then you'll be prepared for sponsoring success. Creating leads without the skills to turn them into members of your organization is a formula for disappointment.



Now lets take a look at 10 of the top lead development systems and how you access them cost effectively:



1. Personal acquaintances. These include your friends, relatives, co-workers and others close to you. Known as your "warm market," this is usually your first sponsoring strategy. Your company probably offers a "Who do you know?" form for listing your personal contacts. Most people know several hundred people. Create this list for recruits.

2. Referrals from customers and acquaintances. Each person on your warm list has his or her own warm list of people you don't know. Their reference will be an "implied endorsement" of you and your program.

3. Business cards, buttons and brochures. Most companies offer sales aids that help the cold sponsoring process. If you owned a store, you would put out your "open for business" sign at the start of each day. Wear an "open for business" button promoting your product. Something catchy will inevitably create interest. If people are bold enough to quiz you about the button, they're probably outgoing and a great prospect. Pass out literature with your phone and e-mail, and use your business cards. Do this consistently. The law of averages says something has got to happen.

4. Cassette tape or video sponsoring. If your company has an exciting cost-effective product cassette tape, it can be used in place of or in addition to a brochure. These are automatic merchandisers that stimulate people to action. While opportunity tapes are important, most successful recruiters lead with a good product tape. Once people appreciate your product offering, they're more open to the business opportunity.

5. Internet. Having a personal Web site linked to your company's Web site is becoming mandatory for the successful distributor. Your Web and e-mail addresses are the technological version of a business card and brochure. Internet recruiting still requires some high touch to entice people to view your page. Because this is of significant interest, I'll address Internet lead development techniques in detail in a future article. For now, view it as a support tool and not as an alternative to personal interaction.

6. MLM trade journal advertising. A well-written and properly placed ad can generate some good contacts. But don't expect thousands or even hundreds of inquires. These publications are read by experienced distributors who see lots of offerings. Yours must stand out in order to compete. Many publications will offer you a press release to accompany your ad that will greatly enhance your inquiries.

7. Ads in local newspapers. Classified ads can pull many leads if handled properly, and weekly newspapers are usually inexpensive. You can use this method to drive people to your Web site as well. But be careful with your investment here. Getting leads is easy. Converting them into productive parts of your organization is hard work, but it's a strategy that will get results as you improve your cold sponsoring and training skills.

8. Direct-mail lists and fax and e-mail broadcast lists. There are many mailing list companies with databases that target specific interests. Creating a good letter offering a free tape or product sample can generate leads. Always drive them to your Web site. Get to your prospects even faster by broadcast faxing or e-mail blasting. There are professional companies that can help you with this.

9. Card decks. These are group mailings of post cards or fliers promoting your business or special offer. Free samples or discounts always work. Write copy that targets the prospects you really want.

10. Fairs, festivals and trade shows. Go where the people go. A booth displaying your product offering usually works best to get attention. Keep in mind you're there to create leads for new recruits and not just sell products.

Seven Tips for Network Marketing Success

Choose wisely. There are six key elements you should be looking for [when selecting an opportunity]. Number one: stability. How old is the company? Number two is excellent products or services that consumers will use and need more of.
Number three is the pay plan--how even and fair and generous overall is the distribution? This is really crucial as the pay plan represents exactly how you'll get paid--or not get paid. There are really only two questions to ask [regarding this]: How many pennies out of each sales dollar get paid back to the distributors each month, and how fair is the distribution of these pennies between the old members and the new members?
Number four is the integrity of the company and the management. As much as possible, [investigate] the experience of the CEO, [their] experience in the network marketing industry, and their background. [Have] they been successful in other companies in the industry? Do they have a good reputation?
Number five is momentum and timing. Look at where the company's at, what's going on with the company, and if it's growing.
Number six is support, training and business systems. You may have [chosen] a great company with excellent management, products that make a difference, a pay plan that's uniquely fair and very generous, and momentum and stability, but if you don't have a system in place that works, all of that [doesn't matter]. Most companies will have a transferable training system that they use, and that's where mentorship comes in.

Practice what they teach. [To succeed,] you need to be willing to listen and learn from mentors. The way this industry is structured, it's in the best interests of the [MLM veterans in your company] to help you succeed, so they're willing to teach you the system. Whatever [your mentor] did to become successful, it's very duplicatible, but you have to be willing to listen and be taught and follow those systems.

The higher-ups. It can be called various things, but the general term is the "upline," meaning the people above you. How supportive are they? Do they call you? Do they help you put a plan in place? Are they as committed to your success as they are to their own? You should be able to relate to [the people in your upline] and be able to call them at any time to say "I need some help." How much support there is from the people above you in the company is very important.

Take up the lead with your downline. There's a term in the network marketing industry called "orphans"--when somebody is brought in and then the person who brought them in is just so busy bringing in other people that they don't spend the time to teach and train [the new person]. You should be prepared to spend at least 30 days helping a new person come into the industry--training them, supporting them and holding their hand until they feel confident to be able to go off on their own. You really need to ask yourself, are you willing to do that? Are you able to do that? This is really about long-term relationship building. It's not about just bringing people into the business and just moving forward. It's about working with these people and helping them to develop relationships.

On the net. People are utilizing [the internet] as their main marketing tool. [You can set up your site] with autoresponders so when you capture leads, the autoresponder can follow up with that person. One of the greatest keys to success in this industry is follow-up. Many people will have someone call them who's interested or they'll call the person and say they're interested, but then they don't follow up with it. Automation on the internet has allowed a much more consistent method of following up.
The only drawback with the internet is people who utilize it to spam. If there was one thing I could put forward to say, "Do not do" when utilizing the internet as a marketing tool, it's spamming because that can give a very bad reputation not only to you but also to the company you're working with.

Taking care of business. This is a business, and just like if you were running a franchise or a storefront, you [should have an] accountant. You have all the same write-offs tax-wise that you have with running a [full-time] business, so it's very important to [do your research] prior to getting involved, before you start making money from it. How is that going to affect you tax-wise? What are your write-offs?
It's important to set up a [support] team around you. I'd suggest seeking out lawyers who deal in network marketing, so they're very versed in all the laws and how that affects [your business.]. There are also accountants who specialize in dealing with homebased businesses specifically in the direct-selling industry.

Don't quit your day job...yet. Never leave your full-time position unless you're absolutely certain that the income that's coming in with this company is going to be there. [Be sure that] you've been with the company [for awhile] and that you know it's a stable company, and the income that you're earning is equal to or greater than the income you're earning from your job before quitting.

Thursday, February 10, 2011

MultiLevel Marketing (MLM)

Multi-level marketing (MLM) is a marketing strategy in which the sales force is compensated not only for sales they personally generate, but also for the sales of others they recruit, creating a downline of distributors and a hierarchy of multiple levels of compensation. Other terms for MLM include network marketing, direct selling, and referral marketing.

It’s always good to check the following things before you join any of the MLM companies

1) Find — and study — the company’s track record
2) Learn about the product
3) Ask questions
4) Understand any restrictions
5) Talk to other distributors.
6) Consider using a friend or adviser as a neutral sounding board or for a gut check
7) Take your time
8) Think about whether this plan suits your talents and goals
9) Check about the legal issues with the company.


Once you get positively satisfactory answers to these questions, its wise to join that referral marketing company to make very good returns on you r effort

ForeverLiving Products

This  blog will contain  various articles and write up related  to the Forever Living Products a.k.a FLP.
Watch this space for updates.

http://www.foreverliving.com/


Thanks,
Sree