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mountainmom5
Joined: 30 Aug 2007
Posts: 2772
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#1 · Posted: 1 Mar 2008 01:16
I know it can be overwhelming to look at so much stuff and it seems like there are more opportunities added to the internet every day!
They all vary somewhat and yet there is a common thread that runs throughout the whole - it takes determination and motivation to make any business work!
It takes the same amount of effort to market a $19.95 , $39 , $300 or $3000 product. It costs the same to market it, takes the same amount of effort, and the same amount of determination to stick with it till you become successful and good at it 
But once that happens - and for some it happens very quickly, others - it takes longer - it is something that can last a lifetime and change your lifestyle!
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happywife
Joined: 14 Aug 2007
Posts: 1277
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#2 · Posted: 1 Mar 2008 01:38
Well said!
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Tadej
Forums Member
Joined: 5 Feb 2008
Posts: 10
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#3 · Posted: 1 Mar 2008 06:02
If you believe in what you sell, it makes things easier.
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jvco
Forums Member
Joined: 24 Nov 2007
Posts: 26
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#4 · Posted: 1 Mar 2008 08:52
I believe NO ONE can succeed alone. You need a good team working together. For the average person to make a consistant decent paycheck each month they must see results within the first month or they start losing interest.
Find a good team that is willing to share ideas with you without asking for anything in return. That will be the hardest part to the whole equation.
Tadej was right.. You have to be believe in what your selling and be able to transfer that enthusiasm to other people. Never beg anyone. If they don't want what you have, you move on to the next.
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FreeCashMan
Forums Member
Joined: 31 Dec 2007
Posts: 720
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#5 · Posted: 1 Mar 2008 13:32
In some cases it does take the same amount of effort to market a lower cost program as it does a higher ticket program....HOWEVER, the conversion ratio is the difference. A great lower cost program that can produce a higher conversion rate will win out. More importantly, a lower cost program that has the ability to appeal to the masses around the globe will create longer term success for many more people than high ticket programs, where people keep failing and losing money.
There are soo many opportunities out there, avoid jumping all around the world wide web until you have a firm footing in a program, that is unless you realize that the current program your in is not going to get you where you are looking to go fast enough with a solid foundation that will last.
Online success is yours to be had...go get it.
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mountainmom5
Joined: 30 Aug 2007
Posts: 2772
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#6 · Posted: 1 Mar 2008 14:06
Quoting: FreeCashMan HOWEVER, the conversion ratio is the difference.
Exactly - and online businesses are no different than offline in the fact that ROI (return on investment) is an important factor when you do your research...
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A8ch
Joined: 24 Jun 2005
Posts: 789
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#7 · Posted: 1 Mar 2008 16:14
Quoting: mountainmom5 It takes the same amount of effort to market a $19.95 , $39 , $300 or $3000 product.
That's true!
Quoting: FreeCashMan In some cases it does take the same amount of effort to market a lower cost program as it does a higher ticket program....HOWEVER, the conversion ratio is the difference.
That's true too!
So it's a smart idea to spread your risk and efforts among a range of lower, mid and high priced products to guarantee a steady income stream.
Obviously the small ticket items will deliver more unit sales than the expensive ones, but the expensive ones will deliver more money per unit. You'll have to sell 150 units @ $19.95 to gross $3000, but by comparison, only 1 item @ $3000 to gross the same amount.
Quoting: Tadej If you believe in what you sell, it makes things easier.
Words of wisdom!
Belief is a very powerful force that can propel you towards your objectives with seeming little effort. It's the thing that can keep you going and positive, while others may be suggesting you should give up.
Quoting: jvco I believe NO ONE can succeed alone. You need a good team working together.
I agree!
Success on the Web is really about relationships and people helping people. If you surround yourself with capable trusted people who share similar goals and aspirations, it's a big encouragement factor.
One way to do that is to join a mastermind group. You'll find it to be extremely useful in guiding and supporting you as you work towards achieve your goals.
Great thread!
Hermas
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dmitch31
Forums Member
Joined: 18 Jan 2008
Posts: 222
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#8 · Posted: 4 Mar 2008 00:59
Quoting: jvco I believe NO ONE can succeed alone. You need a good team working together. For the average person to make a consistant decent paycheck each month they must see results within the first month or they start losing interest.
I couldn't agree with you more. If I didn't have people online helping me and was left to figure it all out by myself, I'd never make it. I just wouldn't have the patience for it. I'm so thankful for the communities that we have available online.
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mycats
Forums Member
Joined: 27 Nov 2007
Posts: 62
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#9 · Posted: 4 Mar 2008 17:27
Yes I agree there. I was struggling when I was left on my own trying to figure it our. Found a great sponsor and some great communities to show me the way.
The cost does not matter you have to believe in the product and stick with it and you will succeed.
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mountainmom5
Joined: 30 Aug 2007
Posts: 2772
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#10 · Posted: 4 Mar 2008 17:56
Quoting: mycats The cost does not matter you have to believe in the product and stick with it and you will succeed.
Amen!
Quoting: dmitch31 I'm so thankful for the communities that we have available online.
me,too - especially for this one - I have learned heaps from everyone on this forum.
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Bigrich
Forums Member
Joined: 1 Jun 2007
Posts: 115
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#11 · Posted: 4 Mar 2008 18:07
the new business,, "Click and Mortar"
I got one that people really like and have fun with, and some of them make enough to buy into the bigger ticket item..
And don't forget just because you love it doesn't mean that someone else will, I never try to sell an opp. just explain it to the best of my knowledge and then if it is not their cup of tea then so be it. And I hope they find a very successful venture.
I do try and stay in touch with all of my members and contacts to see how they are doing.. It is neat to hear some of their stories..
Happy Tuesday everyone..
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mountainmom5
Joined: 30 Aug 2007
Posts: 2772
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#12 · Posted: 4 Mar 2008 18:13
Quoting: Bigrich the new business,, "Click and Mortar"
haven't heard that phrase yet but I like it!
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tiagal
Forums Member
Joined: 2 Feb 2008
Posts: 16
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#13 · Posted: 5 Mar 2008 01:32
I agree you need a good team. You need a team that has a training program available. A system that anyone can do with many options. What I mean by this is more than someone telling you to go talk to everyone you know about your business, thats it. When I first started out with a company I am no longer with that was pretty much all they gave us as far as training.
Valerie
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madnawat
Forums Member
Joined: 26 Jul 2006
Posts: 45
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#14 · Posted: 5 Mar 2008 08:10
Any business either home or brick and mortar one, needs a lot of hard work to get established, but if you stick to it and have patience then one day you will reap the riches
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madlw
Forums Member
Joined: 29 Feb 2008
Posts: 2
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#15 · Posted: 5 Mar 2008 10:43
Well you are all right about most of this but the most important piece of advice i could offer fellow Network Marketers is find a Program that you like and check forum posts regularly about the business you are looking to join when you find the program that you like and you see it working well for everyone then make some friends who are in that program and set your GOALS you must have a GOAL to build a business or do anything in this world hope this helps have a great day everybody!
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seeyalater72
Forums Member
Joined: 5 Mar 2008
Posts: 197
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#16 · Posted: 5 Mar 2008 16:54
I agree madlw that you must find a program you like and enjoy working. I have tried several that I just didn't believe in and well the poor results spoke for themselves. Now that I'm doing something I really enjoy and believe in I have finally experienced success.
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Breanne
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#17 · Posted: 21 Mar 2008 12:41
Yep as long as you have the passion behind what you are doing, regardless the cost, the market will become available.
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Aspire
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Joined: 24 Mar 2008
Posts: 104
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#18 · Posted: 24 Mar 2008 16:05
mycats: The cost does not matter you have to believe in the product and stick with it and you will succeed
Yes - I agree in part, but you need to have a strong interest in helping people or your downline will not grow.
If your product has high cost and limited appeal you will have a limited customer base and you will need to become a great salesman to move volume.
It is important to have a good mix in your business model - product with mass appeal - Affordable product - Effective way of marketing your product - Good compensation Plan - and most important, and Excellent Training and Mentoring program to help your distrtibutors do the same as you.
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annadenise
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Joined: 9 Mar 2008
Posts: 300
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#19 · Posted: 25 Mar 2008 21:21
Aspire: It is important to have a good mix in your business model - product with mass appeal - Affordable product - Effective way of marketing your product - Good compensation Plan - and most important, and Excellent Training and Mentoring program to help your distrtibutors do the same as you
I totally agree with the above statement. It is everything - good, affordable product, good comp plan and training and mentoring.
Although many would not agree I would look at the longevity of the co. as well and look for something that has been in business over 5 years or has exceptional financial backing and money back guarantee.
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CSGWAHM
Forums Member
Joined: 30 Dec 2006
Posts: 272
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#20 · Posted: 25 Mar 2008 23:07
So many great points to keep in mind when choosing a home based business. Very well said everyone!
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