M.L,M Many Lousy Mistakes
I have always wanted a business of my own where I could run from Home with the ability to work it anywhere
I have always been intrigued with the multilevel type marketing, the idea of duplication is a really powerful draw
I don’t know how many programs I have looked at and even enrolled in,
I am still involved with 1 or 2 because I really like the products.
I have found that the growth of a home business like this is always stymied. Everyone will tell me to invite Friends and relatives into either be in business me or support me by buying product
Unfortunately, I have found out that this is a very limited marketplace, and some cases it was embarrassing as the Products were or a higher price when all of the factors were included.
Revenue through Product movement
Revenue has to be generated by Product movement to make sure that it is not a pyramid scam and legitimate
The one biggest area of product movement is the personal use of the product.
This makes sense you are in a business, so yes you should be using your own product.
But with turnover so high how do you KEEP THE REVENUE FLOWING. You can’t buy enough and if you are struggling what about your group
The market strategy needed to create a volume of customers or interested parties on a regular consistent timeline to maintain growth as most organizations shrink and grow all the time.
Small Business Growth
I have a small business Its sales growth started with simple phone contacts to show my willingness to help potential customers find solutions to their problems
The second growth came from referrals as happy people told their friends about how I could help them.The real epiphany came in my own business was when I realized that when someone phoned me , I was successful 90% of the time in making a sale.
Why did they call? They were motivated by a problem or issue
The problem there was how to generate the phone calls because I was always too busy tending to the day to day tasks of the business.
The issue with MLM is that the contact was cold and it always felt like I was a bit of a scam artist and process was one to one It did not allow multi ways to generate the interest required
It was very clear to me later that I needed to market to a large mass of people.
The marketing would be directed at the ones that were hopefully looking and motivated because they found me and had interest.
Finding these ones is very difficult especially if you are in a job day to day and no other system
One thing if for sure it takes much more time than is ever 2- 5 hrs a week doing presentations or home parties
Much of the growth of someMLM I’m sad to say from groups moving over from other MLM groups.
This can be very discouraging factor for a the new person who is trying grow a business
One of the other issues has been in some cases it was the sales of Tapes or media and, seminars were where the money was generated and that revenue stream was not available to all
MLM market is not dead and continues to grow with each one offering the best plan for success
Can you succeed in MLM or in an online business
I believe anyone can but your chances are much better if the program you are looking at allows for personal online marketing strategies
You must be able to market online effectively. I was never taught how to do that.
Even better you must be able to help someone else do the same thing
The new world of online
The world has changed and as fast as you contact someone person to person they have another person telling them something else
It seems to me that if you have access to the world with targeted marketing and knowledge and expertise on how to generate the interest your chances of success is going to grow
The beauty of this approach that once mastered solid strategies you can market that any product line or service.
People are looking in greater numbers
All you need to do is check the internet for Home business opportunities the response is huge
the opportunities are endless in the EBiz world with the knowledge I particularly like the Affiliate market especially in B2B sector
In my small business, I was a communicator broker We are communicators and in the broadest senses we are really in the communication Business if the world of EBiz
You only need to look online to see that there billions of lookers that is a far cry away from my MLM contact list
The secret is knowledge and creating a presence that draws traffic and customers to you.
With that as your basis, any opportunity is available
The opportunities are endless in the EBiz world with knowledge
I particularly like the Affiliate market especially in B2B sector B2B or business to Business is extremely open to allow individuals access to commissions if they can show results.
So before my MLM friends all ditch me, let me say the success of any online or regular business is in a solid knowledge of basics.
Marketing and nowadays online Marketing is one of the primary basics. If you don’t have it you will struggle in any endeavor
I have always looked for partner relationships because I knew I did not have all the answers.
If you are reading this and you have struggled maybe you should look into a partnership. One of the best I have found is actually free to start
With ongoing support and solid basics the opportunity to be profitable is greatly enhanced
If you have had some experiences or frustrations I would love to hear from drop me a comment or email me