First of all, we must understand the nature of network marketing. You will earn your dollar by selling products to your customers or by recruiting them for you. Period.
In a network marketing business, successful people develop certain vital attributes. They are usually the ones with the experiences, they have influence over their huge list of contacts, and they handle nasty rejections very well. Also, being in a network marketing or MLM business puts you at a certain disadvantage.
I have friends and relatives who avoided me, especially in recent incidents where I purposely invited them over just to present my talk.
I remembered the time when I had attended a training seminar from my previous MLM company. A qualified speaker was presenting, and a quote from him struck a chord with me: “To be successful, one has to go through a series of failures.”
This is what I had realized about being successful in a network marketing business or MLM company. In a brick and mortar business, having a typical day of activities like cold calling, finding and meeting customers, and often ending up having a bad day due to nasty rejections is just the normal process of a network marketer.
But everything changes after the internet plays a role in MLM. We don’t need to be eloquent, or need to influence a contact list and we don’t need to waste time looking for clients!
There are absolutely no more activities like cold calling, finding and meeting clients and when there are no appointments, surely there are no chances of rejection. On top of that, being in a network marketing business on the internet, there is absolutely no need to maintain inventory. And because this business is based on the internet, this network marketing business that you’re in becomes an international organization where sales come from all over the world.
The explanation of how an internet marketing business works:
1. Sales are generated by driving Internet traffic.
Tools like an autoresponder, blog, and capture page are needed after generating traffic. The purposes of those tools are to represent your business opportunity, build relationships, build credibility, and obtain your contact details.
Driving traffic through techniques like article marketing, offering free reports, or free eBooks are the essentials of an explosive recurring income. For the most part, when you join an internet network marketing business, your uplines or recruiter will walk you through it step by step, giving you all the resources you need to achieve financial freedom.
Remember, when designing your capture page, always remember that your target groups are people who want to start a business and earn extra income online.
Therefore, the existence of a landing page acts as a filtering system for those traffics that came to your landing page from a few categories. Those who aren’t interested will click away from your site, those will include your contact details, and there are those who are your customers, they immediately sign up under you.
That’s why this business is so profitable, not only have you eliminated the laborious components of a network marketing concept, this business opens a 24/7 store.
2. The support offered by your uplines
It is the most crucial criteria that one should prioritize when deciding who to join. Always remember that when joining an affiliate program, it is the business opportunity that a company sells that attracts, the product is secondary.
On top of that, one must correctly choose who to join. Your uplines or seniors in the MLM company must provide the right support and materials for you to succeed. In an Internet network marketing business, making money is divided into two parts. The first part is about using the tools your uplines offer to generate traffic, the second part is about teaching newly recruited members duplication.
3. Costs Involved in Joining an Internet Network Marketing Business
There are costs involved as sales are made when one member successfully recruits another. The costs are recurring and must be low. It’s like a mobile phone subscription plan, one has to pay every month. But the costs are lower and are fixed. The only thing not fixed is your potential income.
I still believe that to be successful you still have to put all your effort and heart into this business. The truth is that the number of hours you spend per day are proportional to your level of income per month. However, when you have the right strategies and guidance, you can save time and avoid making the same mistakes to speed up the time it takes to land your first client. I repeat, in this business you still have to make an effort, but you can speed up the time to win.
As wide as the internet can go, so can your income. My upline earnings are absolutely insane. Especially as an Asian, it becomes even more strange and hard to believe when one can be financially free and yet only an age that many others are jealous of. And being successful doesn’t mean you have to work hard, it means you have to work smart: work closely with your uplines and I’ll guarantee success.