MLM Leads Guide » mlm business

New MLM Opportunities

Admin — Sat, 19 Sep 2009 00:14:37 +0000

I read a question the other day about how to tell the difference between a new mlm opportunity and a pyramid scheme. I think this is legitimate question for anyone who is interested in starting a work at home business. I do believe that a good mlm business is well worth the time and effort is takes to set up and run. The key is to find the offer that seems right for you and this is something I would spend time every day looking into. Search out different opportunities and absolutely, positively do not jump into the first one you come across. I also would be careful of new mlm opportunities.

Supposedly new mlm companies come a long all the time so how do you setperate the ones with real potential from the ones which will take your money and run. If I were starting out in multi-level marketing today I would pick a company with a proven track record to start my business in. You will have a lot of things to learn and the longer a company has been in business the better their training will be. A new mlm company will try to sell you on the opportunity because the say it is “getting in on the ground floor.” It may get in there but the question is will the company go up in popularity of stay on the floor.

If is very common for a new network marketing company to approach their recruiting from the stand point of “you need to get in now before this thing takes off like a firework.” Their point is that in a week or a month everyone will know about the offer and all the easy pickings will be gone. Do not fall for the tried and true time limit offer. There are two reasons to run when you hear this. First, if the company expands that much in the first month then it is either going to skyrocket up and explode, or it really is a business with a great idea in which case it will continue to grow more and more. Second, almost always when this time limit method is used it is to hide some facts from the person it is being uses on. They want you to hurry up and make a decision because they know if you really take time to look at the new mlm opportunity you will find that it is lacking is substance and a future.

MLM news briefs are rife with the newest mlm opportunities and how you absolutely must sign up today if you want to get in and make a killing. But how many of these companies actually do grow into big enterprises let alone last more than a year or two? Not many. Most of them implode once the members realize that there is not any growth potential other than that which is experienced by the hype.

This brings us back to the Multi-level marketing vs Pyramid question. No new mlm business can sustain growth if it doesn’t have a way to continue to bring new people in. Also, the company has to have some way to continue to sell products or it is just a pyramid with the people who got in first ripping off the people who came later. You need to be able to sell something people want such as health related items that are sold through the Neways mlm company. And there needs to be a reason they will buy it from a distributor instead of going to the local grocery or drug store. There needs to be some kind of proof to back up the claims of the products of people will quickly stop using the products.

A well run network marketing business can make distributors who are willing to work and promote the business good incomes. I would stay with proven mlm companies to start and then branch into new mlm opportunities as you learn more about how the business works.

Why An MLM Business Is Just A Business

Admin — Fri, 11 Sep 2009 04:17:41 +0000

This post is for those who go through life with a predisposed opinion of MLM businesses, without knowing the actual facts behind it. The truth is, everything is a MLM business and I am going to prove that right here with some case studies. First, let’s define an MLM or Network Marketing Business. MLM stands for Multi-Level Marketing, and the easy definition of an MLM business is one that pays each “level” or tier, a certain percentage from a product or service. The higher tiers generally make more, not because they have a larger percentage but because they make a smaller percentage off of higher volume.

Most people think of multi-level marketing as work from home, or a MLM home business opportunity, and while it is true that there are many MLM home based business types out there let’s start with something that isn’t a multi-level network marketing home business. To start with, let’s examine a company that most people are aware of, and nearly all who are aware know the business structure of. The Kirby Company, which makes and sells high quality vacuum cleaners door to door. The Kirby Company business model starts with the factory at the top, and then it passes down to the next major level, the distributors. The distributors are those who own a regional franchise of the company. The next major level is the sales force, which the company calls dealers.

The factory makes the vacuum, let’s assume at a cost of $500 per unit, and sells it to the distributor. The final retail price on a Kirby Vacuum is between $1300 and $1500 dollars, so let’s say that the distributor buys it for $800. The distributor then sells the machine, on a commission basis, to his or her distributors for let’s say, $1000. This gives the distributor a profit each time they buy one, or sell one for him. This also puts a couple of hundred dollars per machine in the dealer’s pocket. Sounds like MLM right?

Let’s examine another company. Let’s call it Jackson & Jackson and say that it sells shampoo, and other hygiene product, especially baby products. Now, J & J makes a bottle of baby powder at their factory for .50 cents. They turn around and sell it to their main distributors, which we shall leave unnamed, say at a cost of .80 cents. The distributors turn around and sell it to the stores, who buy it for $1.00 per bottle, and the store marks it up 100-200 percent, which is common practice and sells the baby powder for $2.39. Now, you tell me what the difference is.

As you can see the network marketing model is really no different than most other business models. The product passes through layers in the distribution channel and at each layer a profit is taken. With a MLM business, you get a profit on every level of sales representative you bring into the business.

MLM Business

Admin — Fri, 04 Sep 2009 03:42:10 +0000

If you want to have a MLM business you will need to learn to work it as a money making enterprise instead of just a hobby. You may be saying, “I don’t work it like a hobby,” but if you don’t have a plan and are working the plan then you aren’t being serious. An mlm business opportunity requires that you have a goal and sub-goals in order to get to the finish line.

Do you know what you will do today and tomorrow and then next day to grow your mlm home business? Any day that goes by in which you didn’t have a plan and you didn’t work that plan is a wasted day in your business. You can’t have too many of these rudderless days before you can give up any hope of building your network marketing organization into something that will give you the revenue stream you desire. You should have planned out every day what steps you are going to take to reach your business goals.

One idea that works well is to have your days planned out three days in advance. So, for example, you would have today lined out, tomorrow, and the next day. Each day you will have mini goals such as a short plan to increase your warm list and the number of people you will contact. Who you will follow up with. Which customers you will contact. All of these are good uses of your time but if you don’t lay the plan your mlm home based business will quickly run astray.

The people who stand up on the stage each year at your organizational meetings are the ones who had a plan and then worked that plan. There are very few people who are successful in this business who don’t plan what they are going to do and when they are going to do it.

You also need to have longer term plans for your mlm business opportunities. Such as how many people you will sponsor this month. How many of your down line you will meet with to do training, who those members are and what you will teach. If you have monthly goals, weekly goals, and three day goals then you will always have something to do and you will quickly be able to see if you are staying on track or not.

There is a saying that goes, “Things that get measured, get improved.” By having a written list of steps you will be able to measure your progress and know if you are staying on track. Nobody gets successful by just waiting for mlm business leads to come along. This is called playing the lottery and you might as well go buy a ticket if this is how you are going to work your enterprise. Personally, I think my life is too important to leave to chance. I have goals and things I want to accomplish and I know I will not get those by sitting around waiting for a mlm business lead to materialize out of thin air. Instead I am going to plan, work my plan, check my plan, and then modify my plan to get where I want to be.

If you desire success in this endeavor then you will need to treat your mlm business like any other professional would.