MLM Success – Follow a Plan
If you want to achieve MLM success just follow a proven plan. Whenever I do something new I like to look for a model first. Look for a person who has already done what you want, and take a close look at exactly what they did and how they did it. You may not follow their plan exactly, but when you understand the parts of that model, you can save yourself a lot of trial and error. You have put yourself in a much closer position to success. That’s just another way of saying, “Don’t re-invent the wheel.” In internet marketing, one model that has risen to the top over the years is the single product page. The normal inclination of most people in network marketing when they sell products is to offer a choice of several or many products on the same page. Most MLM websites seem to feature a virtual catalog of dozens or hundreds of products. A catalog like that works when someone goes to the catalog to find a particular product to buy. But in network marketing, it’s rare have buyers like that. Mostly, they are just looking. And they’re overwhelmed by all the choices, so they click away. Your best solution is to use the “single page” model. Put a single product on a website and drive targeted traffic to that page. That model works. If your MLM company does not do this, you may want to look around for one that does.
A lot of people start in network marketing with the idea that they want to get in position to make a lot of money. They hear stories of people earning 7 figures a month. And it’s true. It has happened. However, the key is to understand the numbers. Not long ago, a report was compiled of the financial statements of 7 well-known, publicly-traded MLM companies. The report revealed that compensation play payout to reps ranged from a low of 25% of gross income to a high of about 42% of gross income. Think about this. You’ll always have just a portion of profits to the distributor base. Let’s call it 40%. If the company’s top guy is earning million a month, what does that mean? for one thing, it means that a LOT of other people are being paid very little or nothing for their work. If that company pays out 40% of the gross[/'c] the fact is, the LESS that heavy hitter is paid, the MORE that the part-timers get paid. And those folks account for 95% of everybody in MLM, and they are the ones who have the dream. A lot of prospects think it’s wonderful when they see that one person get a huge paycheck. However, it may mean you actually have LESS chance to earn a good check.
A lot of people frustrated with lack of MLM success have found these ideas very useful. One of the best solutions to network marketing frustration is the ebook “Success In 10 Steps” by Michael Dlouhy. The author covers some of the biggest problems people have in trying to start their own successful business, and how to solve those problems. Fifteen years ago, Dlouhy joined over 100 MLMs and studied & cataloged all their rep packs and recruiting tactics and compensation plans and training, along with his own results. He also talked to reps of many companies. In “Success In 10 Steps”, you’ll learn all the common MLM knowledge that is completely unworkable. And you’ll also learn what does work. You’ll find it very useful if you’re in the business.
You can get a free copy of the classic “Success In 10 Steps” ebook at this website:
Full-time Information Specialist and Network Marketer currently residing in central Florida.