A Systematic Approach to MLM
Signing up for an MLM Opportunity can be exciting. The mind swirls with the idea of a large residual income and the ability to do as you please. Once this initial fantasy subsides you have some very important matters to consider.
Since the MLM business is built upon the idea of duplication, you must think about how you will recruit new distributors. A smart MLmer will also develop a means to sell the MLM company's primary product. Even though many huge organizations have been built on product sales alone, most MLMer's overlook this marketing method.
Let’s look at a simple example. Would you rather have 1000 distributors purchasing $100 a month in product or 300 distributors selling $700 a month in product? Since MLM commissions are based on volume and the 1st group’s volume is $100,000 and the 2nd group’s volume is $210,000, who made the most money? It is obvious that the 2nd group was more profitable. Don’t neglect product sales systems if you can find them.
What you want to find starting out in the MLM business is a duplicatable system anyone can use. This may take the form of lead capture pages, autoresponders and the messages preloaded in them, and if possible, a reliable source of good leads. Hopefully you can get all these “tools” from your upline, since company created material is not the best available for you. Consider using a funded proposal system where you make upfront money and backend your primary MLM Business.
It is nothing new to use an MLM System to promote your business. These are available from the larger companies and uplines. How you use the system is what will make YOU stand apart from the crowd of the 1000’s of moneymaking offers available.
Let me give you an example of what one MLMer does to make over $1,000,000 a year. He uses the systems available; but he calls them and mails a postcard to his prospects. He only calls when he knows the prospect won’t be home and just leaves a generic message on their answering service introducing himself and his company. Signing up tons of people is no problem for him! He stands out because he uses 3 different modes of contact: the Internet (using a lead capture page along with many followup autoresponder messages), the telephone and snail mail.
Stand out from the crowd by not only using the Internet, but use other marketing mediums. Also use postcards and the telephone answering machine method. Teach your downline to do what you do, and you will see your downline grow tremendously.
Duplicatable systems can be rather “cold” and impersonal. It is adding the personal touch to any system which will make you a success.
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