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PDNewYork Forums Member
Joined: 9 Apr 2011 Posts: 3
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#261 · Posted: 16 Apr 2011 16:16
I too felt guilty when I first started out. I completely misunderstood the business. I couldn't reconcile myself to the fact that I would be pushing this on other people to make money. I didn't want to be like those annoying telemarketers. You know the ones I'm talking about. They call while you're sitting down to dinner with your family and then you ask them not to call again and they do any way. You get so frustrated you just hang up on them or take the phone off the hook. If I didn't want to bother my friends and family and yet I didn't want to be a pain in the *** to strangers how was I going to make money? I had no idea. Then a simple conversation with my daughter put it all in perspective.
I was sitting at my computer researching MLM's when my daughter asked what I was doing. After telling her what I was looking for and explaining to her my dilemma, she sat down and with a thoughtful look said " so it's like when I try a new restaurant and recommend it to my friends". I said not exactly. She replied " sure it is"." I tell so and so about this great restaurant and she and a couple of other people try it and then they recommend it to some more people". "Before you know it 50 people have gone to that restaurant because I originally told someone about it". "They obviously liked it because they told more people about it and in the end the restaurant made a ton of money." I was speechless. Here I am wracking my brain on a way to not feel guilty marketing my product and my 20-year-old daughter summed it up for me in 5 minutes. There's nothing wrong with recommending something to friends or family that you think is a great deal. If they like it they will also recommend it and you will make money. This is a win win situation. If you believe in what you have to offer their shouldn't be any guilt. Once my perception changed so did my whole business. I am more confident and have found people respond to me because of this. Training is important. Educate yourself. There are many places on the web to get information. Forums such as this one are a great place for a wealth of information. In my opinion personality is very important. We are selling ourselves, not so much the product. It's all about building relationships with people. I hope this helps.
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JPSGroup Forums Member
Joined: 29 Apr 2011 Posts: 1
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#262 · Posted: 29 Apr 2011 20:11
web20mentor Loved your post. People should be more like cats than dogs. When someone comes home that has a dog, they don't need to try and find the dog; it's jumping all over them. And even the owner eventually is pushing the dog away. On the other hand, cat-owners come home and are begging the cat to come in the room. Finally when the cat does show up, it's very coy and starts doing a serpentine between the owners legs. Therefore, be more like a cat with people instead of a dog jumping all over somebody. The only person you have to ever recruit is yourself. The rest is sorting and sifting. The timing is either right or it's not, and you don't care.
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Jeff We value only what we work hard for
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mreese601 Forums Member
Joined: 15 Jul 2010 Posts: 65
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#263 · Posted: 30 Apr 2011 08:33
JPSGroup Hey PDNewYork looks like you should put your daughter in your downline. But, That it's! In any business people by from people they know, like and trust. When you running your network marketing business people join the business because they like you 90% of the time. They see something in you. Learn to become a leader then you can write your own check.
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Amiya Forums Member
Joined: 10 May 2011 Posts: 1
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#264 · Posted: 10 May 2011 18:39
PDNewYork I understand what you were thinking. I have been working with program called Magnetic Marketing. Honestly the program gives you alot of very valuable information. I was just finishing watching a video called" How to network with the big Leaders" It was very informative. There is alot of learning that takes place doing your MLM business so I think if we want to be successful we need to learn to be professional when you market your product or service.
This industry has so much to give and is endless in opportunites and finacial gain. It's a great feeling by helping others succeed you will succeed also. I have never worked in any JOB that encourged such personal development within the industy. I just love it!
What other business model would allow that!
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Excellence is not a skill. It is an attitude. ~Ralph Marston
Denise Clermont http://Am.magneticsponsoringonline.com/letter.php
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JackDProvost Forums Member
Joined: 7 May 2011 Posts: 88
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#265 · Posted: 26 May 2011 02:49
Great ideas.
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auditt05 Forums Member
Joined: 25 May 2011 Posts: 33
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#266 · Posted: 27 May 2011 08:17
In an MLM you recruit Channels of Sales. We as Network Marketeers are just a replacement of the Distribution and Marketing overheads. Therefore we should do BOTH Tasks. Distribution : We recruit people Marketing : We Brand the products everywhere
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needs2stop Forums Member
Joined: 27 May 2011 Posts: 23
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#267 · Posted: 30 May 2011 15:32
All MLM's I ever come across were scams. And here's why. The moment you take emphasis off of the company's product or service, and instead focus on your customer's and rep's "dreams", then you are selling a pyramid scheme.
Any MLM that doesn't place concern on market saturation is also a pyramid scheme. They'll tell you that the market will never be saturated because most reps don't end up selling that much and they eventually quit anyway. But shouldnt' that come as a shock? They want you to be part of their sales force knowing that most of their sales force will fail???? And then they use the fact that most fail as the reason as to why it will work????
Think about it this way, if you turn your friends, family, and coworkers into your downline, then who do you expect them to recruit? Half of the people they would've pitched are people YOU already pitched. That's why reps in MLMs fail at such a high rate. They don't realize that the as time goes on and more people become invovled, there are fewer and fewer people within your social network who haven't already been exposed to it. Which means people are left to resort to nothing but cold marketing. And good luck cold marketing in the MLM world! After a few dozen rejections, most people simply quit. This is how MLMs play out over and over again. This is why MLMs are scams.
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auditt05 Forums Member
Joined: 25 May 2011 Posts: 33
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#268 · Posted: 31 May 2011 20:16
needs2stop Do you really believe 100% of them are scams? I see some of them are like 50 years in the market.. and still counting with BILLIONS of DOLLARS paid in rebates
You need to know what success is all about when you are marketing something!!!
Real Salesmanship starts when the customer says NO!!!
and no one ever asked all Network Marketeers to only market to their social network!!! I market it for my colleagues at work, X-Work colleagues, neighbors, friends, club members, soccer teammates... and so on...
I never sell to my relatives a single HEAD of my Network, coz i didnt want this VIBE to be there.. my cousin is in my network 3 tiers below me... and this is because i didnt want this vibe to be there.. hat my network is FAMILY!!!!
When you first succeed, your downlines are your references with which you solidify your presentation... thats why i started with friedns and the list above..
About saturation, it will never saturate as long as the product is USABLE and could be really used.. .not just a virtual product you just take to be a part of the model.. if this is your scheme then you really wont be a believer in your MLM's products and hence WONT transfer your belief in your presentations...
I sell the product ALONG with the business opportunity...
For example, instead of saying " Just pay these 150USD and be a part of this network, and you will get a product too that you might one day find a proper use for" SWAP IT WITH "This product has benefits ABC and is on par with its competitor's offerings, and don't forget the incentives that you will get when you remarket it, you can end up gaining money just by USING it, does the competition offer that?" Now see the difference...
Ive seen lots of MLMs just offering a Webhosting for 20USD per month, that is NOT used actually... this is not easy to market as a product coz its like 10 times over priced... thats a HUGE MLM uplift...
think of it the other way round, please.
About saturation, This is something that will NEVER happen, if the products are really usable NEVER EVER!!!!
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needs2stop Forums Member
Joined: 27 May 2011 Posts: 23
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#269 · Posted: 2 Jun 2011 16:01
Auditt05, I don't know every MLM so I can't say they are all complete scams. But I bet at least 99% are. I have extensive knowledge of two major MLM companies, and they've both been around for decades. They are both scams, and I have the evidence to prove it.
Saying that everyone in the world does not have a widget, but could use one, is NOT a valid counter-argument for market saturation. I mean, is Amway toothpaste usable? Yes Does everyone brush their teeth? Yes. Are there always going to be new humans born who need their teeth brushed? Yes. But this doesn't mean that Amway's grainy nasty toothpaste isn't in an oversaturated market. My grocery has a wall of toothpaste. Add Amway's garbage toothpaste to that wall and see how much it sells in comparison to it's competitors. If you did that test, you would see it's a completely saturated market.
The problem is that all MLM discourage critical analysis of the market saturation of their products. They just blindly say its never going to be saturated and encourage everyone to sell, sell, sell! It's not just reckless and irresponsible, but it's done intentionally. Otherwise these MLM's would go out of business quickly.
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Just2EZ
Joined: 14 Nov 2010 Posts: 608
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#270 · Posted: 2 Jun 2011 17:12
needs2stop: encourage everyone to sell, sell, sell! Selling is the mantra of ANY business that wants to survive. Ask any salesman for Crest, Colgate, Tom's, etc. Most MLM's are only funded by recruiting instead of selling. Without sales any business on earth would go broke. I'll give you 97% are scams but 99% is pushing it.
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auditt05 Forums Member
Joined: 25 May 2011 Posts: 33
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#271 · Posted: 2 Jun 2011 17:45
needs2stop
Ok let me tell you something here
My MLM has a good vacation club or time share membership for 3000+ resorts. I just compared these resorts prices with their rates on the resorts' websites, and I have found the following (Honestly) :
1) like 500 resorts are more expensive than my MLM's offering 2) 1000 resorts are around the same price 3) 1500 are around 20-40% below my MLM's offering
So, lets wrap this up, yes its a bit overpriced, but hey THESE ARE GOOD RESORTS. I would goto these resorts without my MLM. Honestly, my MLM offers other products in their portfolio, I NEVER market them.. Honestly these are not worth it like these resorts AT ALL. Yes, they are quality items, but hey Quality here is all about perception, they are good but not worth more than 40-50% of their selling prices.
About Sales, My Full-time job is a Channel Sales guy for IBM. Yes sales involves a lot, and yes 50% of the selling prices of anything goes to marketing and distribution in ANY business. MLM's simply offer these 50% in the form of incentives to their Network Marketeers.
Its hard for me to recruit people over the internet because of the investment requirement (700), and i got tempted by easier to market models that sell for much less (>50USD) but most of them were the same like what you said, something like 10 times overpriced.
I would conclude, Take an MLM opportunity, if its offerings are USABLE and give them room for overpricing, but not too much. Else, they are scammers. I would say so.
About Saturation, I liked your view, It could be reached if people are only seeking the opportunity and never using the product. As long as the product is used, I would never worry about it. Personally, I would buy vacations in the future when Im done with mine.
Hope this helps.
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needs2stop Forums Member
Joined: 27 May 2011 Posts: 23
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#272 · Posted: 2 Jun 2011 18:40
The key is acknowledging market forces and reasonable limitations. If you begin looking at it from this perspective, and then dissect your MLM and compare it to its competitors (outside the network marketing industry), then you will begin to see the "scam" aspects of the company and business model you are working with. It takes a keen eye, because intelligent and wealthy people have cleverly crafted this to make it seem legitimate. Usually it is only denial that keeps people from seeing the truth once they have been exposed to it. Those that don't see it are either not smart enough too, or they are intentionally allowing themselves to be part of the scam for their own selfish ends.
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sallybeegood Forums Member
Joined: 14 Jun 2011 Posts: 3
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#273 · Posted: 14 Jun 2011 17:31
Any decision to join a network marketing company must begin with the product. If you believe in the product and think it will help you and people you know, then look at the comp plan. Product first, opportunity second. That Is the most honest way to deal with people.
And I don't think 97% of MLMs are scams. There are some, to be sure, but with product belief, hard work, and the right marketing approach, success in many network marketing companies is possible.
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needs2stop Forums Member
Joined: 27 May 2011 Posts: 23
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#274 · Posted: 15 Jun 2011 10:12
The MLM scam is two-parted. First, it's hard for most to make money. Usually to the tune of about a 97% fail rate. Then, those that do make money must scam others in order to do so--thus causing the high fail rate. It's either you losing money, or you doing the scamming. Take your pick!
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lilyn Forums Member
Joined: 23 Jun 2011 Posts: 1
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#275 · Posted: 23 Jun 2011 05:44
web20mentor great danny.. very inspirational.. To achieve success in whatever we do is to look at our own value. That make you be own self and love what you do.
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Mike McClurg Forums Member
Joined: 1 Mar 2010 Posts: 30
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#276 · Posted: 23 Jul 2011 12:27
After years in network marketing I've found
people fail because they are not willing to put in the time and effort.
It is net WORK marketing.
These same people fail at joining a Gym to lose weight. is a gym a scam no, it takes work.
Fail at stopping smoking, is stopping smoking a scam no it takes commitment and work.
Brick and Mortar Businesses take time and effort to make money. are they scams no.
Network Marketing is really a vehicle that an average person can successfully have a business without a large overhead.
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sallybeegood Forums Member
Joined: 14 Jun 2011 Posts: 3
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#277 · Posted: 23 Jul 2011 12:55
The statistics are daunting, to be sure. How do you know if you are one of the 3%? Would you participate in a business with a 97% failure rate? Probably not.
These statistics don't talk about the fact that most people don't fail, they just quit. And in the process, they are spending lots of money they do not have buying samples, brochures and dvds, and attending all of the "Events" scattered throughout the world.
Treat this business as a home-based business with low overhead and you will become one of the "3%." The network marketing sales technique of making a list of your closest friends and family and expecting them to jump on your "bandwagon" simply does not work for most. That technique worked great back in the 1950s. Everyone knew their neighbors and moms were at home instead out working full time trying to make ends meet.
Open your mind to doing business differently and success may not be far off.
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Just2EZ
Joined: 14 Nov 2010 Posts: 608
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#278 · Posted: 24 Jul 2011 02:43 · Edited by: Just2EZ
sallybeegood: neighbors and moms were at home instead out working full time trying to make ends meet. Good point SallyBeeGood, except now it is also dad that is out of work and looking for a Good Plan B.
sallybeegood: most people don't fail, they just quit More correctly, the only way to fail is to quit. "Quitters never win and winners never quit." Vince Lombardi
MLM has one huge problem, your customer and downline are the same. If they get in to make money and don't recruit they lose money instead. If they get tired of buying the monthly auto-ship you lose your downline. The attrition rate means you have to constantly recruit, or fail.
There is a better way, called Leveraged Wholesale Marketing. A real product people want to buy, and buy again and again. No fees and no auto-ships means no quitters, just winners. MLM has met it's match and lost. People are waking up. LWM = no fees, no auto-ships, no quitters. Just real residual income from retailers. Do it once, get paid for life. Why didn't I think of that!
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Mike McClurg Forums Member
Joined: 1 Mar 2010 Posts: 30
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#279 · Posted: 24 Jul 2011 11:29
" MLM has one huge problem, your customer and downline are the same. If they get in to make money and don't recruit they lose money instead. If they get tired of buying the monthly auto-ship you lose your downline. The attrition rate means you have to constantly recruit, or fail."
What you are promoting must have legs.
Most MLM companies focus on recruiting because most sell "me too" products that are overpriced.
You must have a product that is affordable and easy to retail. that actually solves a problem immediately and actually saves them money.
There will always be attrition But this sure minimizes it.
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Just2EZ
Joined: 14 Nov 2010 Posts: 608
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#280 · Posted: 24 Jul 2011 13:18
Mike McClurg And right up your alley pastor, made in Edmund, OK by the founders of the National Christian Home School Basketball Tournament since 1998. Started to help kids on their team with their growing pains and sprains. The LWM and direct selling just started in January 2011 and is a big hit. They saw the problems and took the advantages of MLM to create LWM. Not everyone is making money yet but no one has to buy to stay in the business. Buying is strictly a business decision if you have a market to sell to. It has truly been an answer to my prayers and many other people's. I don't say that lightly, and thank God daily for the blessings. Physically, Spiritually, and Financially.
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