Review of Mike Dillard's Magnetic Sponsoring MLM Lead System & Course
Posts tagged multi level marketing
MLM Brutally Honest Review An Absolute Must Read!
Nov 11th
MLM marketing (also known as network marketing) is a marketing structure used by some companies. The structure is designed to create a marketing and sales force by compensating promoters for both the sales of products they make and for new distributors they bring into the business that will promote the product as well.
People who join and promote the company product are known as distributors, they do not earn a salary but instead they are awarded a commission dependant on how many sales they make themselves and the sales of their downline. The process is similar to a franchise.
A downline is the people that have paid you to join the MLM business and you will get a percentage of their sales. So in essence you pay to join into the business and then you will earn for every person you bring into the business and any future sales they make.
Here are some advantages of MLM’s: Quick and easy to get set up, Can start straight away, If you join when the MLM business is relatively new you can stand to build a large down line and therefore earn a lot of money.
However there are Disadvantages of MLM’s: The methods are now becoming dated; this is because most MLM models encourage you to sell to your friends and family. They also involve cold calling which is where you ring up people and tell them about your product or from a list of people you can buy that have bought similar products in the past or have been used by other people in the MLM. If you join near the bottom of the line you don’t stand to make much money as the market has already been saturated by the people in your upline People with more advanced online and offline marketing techniques will do better than you Most MLM’s are pyramid schemes (which are illegal) in disguise
So overall I think MLM’s are outdated as the marketing techniques they teach are no longer effective. Nearly every MLM will not provide you with the real training you need on Internet Marketing if you are to make money online.
Now there of course there are people making money from MLM’s and I’m not by any means trying to say they cannot make you money, but there is a very high failure rate as there’s a lack of training and support!
One of the main reasons people join an MLM is because of the lifestyle that is portrayed however at the beginning you will spend most of your time calling people on the phone and more often than not getting negative responses. This doesn’t sound like fun to me!
However if you still think MLM is the way to go make sure you join near the top of a line otherwise the market will be saturated and you will most likely not make many sales.
it article came from the laptop of Jonathan Pitts. Jonathan is a very experienced Internet Marketer who has had a lot of success in it Industry! He now mentors others so they can become successful entrepreneurs too! Fed up of the B/S in it Industry he has produced a Truth Report to give the FACTS on how to Make Money Online! He could be charging $100′s for it but has decided to give it away for free!
How To Build Targeted Network Marketing Leads List Online
Oct 28th
If you decide to follow outdated offline methods of attracting network marketing prospects, you will be putting yourself at a disadvantage from the onset. The way to grow your business quickly is to attract targeted network marketing Leads by the 1000′s at any given time, rather than one by one.
There is just one ultimate question to consider; when network marketing prospecting, do you want to target one prospect or 1000 at a time?
One of the biggest challenges you’ll face when trying to grow your business, is getting more people interested in what you have to offer. When you target 1000′s of networking prospects, you will be able to save yourself lots of time. You will be able to deal with groups of people rather than one random person hear and there. Additionally, the road to success will appear much quicker if you attract 1000′s of targeted prospects.
Targeted Network Marketing Leads
You could practice offline tactics 24 hours a day, seven days a week, and still not come close to achieving the results you can expect with online strategies. Additionally, you will find yourself working three or four times harder.
What’s the difference? Well outside of the number ratio we wrote about earlier, the individuals in front of you are different as well. For instance, when you’re working offline, you might spot someone at the gas station and randomly strike up a conversation. These people might not even be interested in what you have to say. On the other hand, the online promotional tactics will bring about targeted network marketing leads.
The truth is that you will be able to reach out to thousands of interested prospects at any time. To reap these benefits you will have to be willing to abandon your old style of marketing and become familiar with this new method.
Another benefit to gathering network marketing leads is you will never have to purchase another list of leads and call each of them on the phone. Due to a variety of factors, this method is nearly worthless these days.
Internet Network Marketing – What Does a Network Marketer Need?
* You will have to have a website in order to attract targeted network marketing prospects
* You need to have a dedicated blog so you can build strong relationships with your prospects
* You need to utilize Web 2.0 methods. This is how you will be able to attract thousands of prospects at a time
* Take advantage of video and article marketing to promote yourself and your business
* Create and update a list of prospects you can sell your business to and generate cash flow on the front end.
* Figuring out how to target leads and have them contacting you instead of the other way around.
One of the biggest advantages to getting targeted network marketing prospects is making sure they are receptive to your messages. It almost completely eliminates the possibility of rejection. Everyone should be able to enjoy the process of building a business, and with the new options of today it’s certainly possible.
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Your Knowledge Will Lead To List Building
Oct 27th
The number one thing when it comes to building your list or increasing the number of sales you make is by giving valuable knowledge!
Once you have knowledge on your product/business opportunity you can gain status amongst so many people who will look up to you as a leader and want to hear more form you and inevitably BUY from you!
I and so many other internet marketers have written how to market by using different methods but all of that information is useless unless you know what to say to the people you are marketing to. So many people only talk about how good their product is instead of branding themselves by giving valuable information.
Nowadays there are so many hypesters and scam programmes on the interent it has made people very skeptical when it comes to buying into home business opportunities.
Therefore it makes people like you and I who do have genuine home business opportunities/product that can benefit someone a lot harder to get the message across that we are legit!
There is an advantage to this though. You can stand out from these hypesters by doing the exact opposite to them. This is done by branding yourself and giving valuable information about the niche you are invovled with. By helping a person out you build their trust so they will opt in to hear more from you.
Give helpful information and brad yourself, it really will make you stand out from the crowd. People buy from people, not some automated marketing system!
This may sound incredibly easy but it really works! I bought into my first Internet Marketing business because of my mentor, it didn’t matter what business he was a part of I wanted to join him and him only in business!
Now you know to brand yourself (attraction marketing) and give valuable information in order to build a list!
You see the more people you help the more you get in return, if someone had said that to me at when I first started internet marketing I probably would not of believed them but now I know it is 100% fact! You don’t have to take my word for it…. You can have EVERYTHING in life you want, if you will just HELP others get what THEY want. – Zig Ziglar
This article came from the laptop of Jonathan Pitts. Now one of the best known Internet Marketing Mentors in the UK he has improved the lives of others by teaching them the same proven Internet Marketing techniques he has used to become a successful entrepreneur. His main goal is to rid the Hype from this Industry so has produced a Truth Report giving the Facts on Internet Marketing and Making Money Online.
Increase Your Results Using The Secrets The Pros Use In Network Marketing
Oct 19th
You’ll find lots of articles out there touting great “network marketing secrets” you should employ to make your business a success. And truly, there are a lot of great ideas out there you can use. We’re all looking for them because we want to figure out the best way to create a customer or business associate out of the strangers we encounter online.
There are many suggested techniques and ideas out there, but in one fundamental way many miss one key point. And this is also the area where the majority of network marketers make their critical mistake: As soon as a lead is generated, they jump in with a sales pitch.
Have you ever been told how great a company is and someone try to sell you? It happens everyday to millions of people, and it’s going to happen again. What about, “If you don’t join now you’ll be sorry!” Uhm…does this make you just want to grab your credit card?
Preselling
The essential secret to network marketing success is preselling prospects-not giving them any kind of sales pitch at all. A couple of network marketing experts-Ann Sieg and Mike Dillard-spend a lot of time teaching and preaching this concept. Ann is with the Renegade Network Marketer and Mike is at Magnetic Sponsoring. Both tell you that you should never start out by asking for the sale!
In reality, most network marketers just don’t have the patience to pull it off. But if they could develop it, their business would see the difference. Preselling is probably the single best network marketing secret-and the key to building your business.
Preselling involves taking an interest in educating your prospect. When you do that, you never need to give a sales pitch at all! The relationship evolves naturally and is much stronger than if you tried delivering a sales pitch. Here’s how it works when done correctly:
1. A prospect enters your lead funnel.
2. You are contacted by them about your opportunity. Their initial reaction is that you’re about to unleash your sales pitch. However, you change everything up and talk to them about how to get from a starting point to their goals.
3. As time moves along you teach and educate them on the benefits and ways of building an online empire. You talk about providing others with valuable information, and anything else except anything resembling a sales pitch.
4. It takes some time (which is why most network marketers get impatient), but after the prospect experiences your teaching style-with no sales pitch-they trust you. They know you genuinely want to help them succeed. So they ask you what network company you work with. Some even ask how they can get into that company.
Are all the pieces starting to take shape? When you are able to presell yourself, they begin to see the importance of their long range plans. In the end, this is one of the best kept network marketing secrets.
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How to Make Money With EyeEarn
Sep 25th
There is a program called EyeEarn that needs no special skills to make money with. EyeEarn was created by SFI, a very well known affiliate program. To make money with it, all you need is to have determination, and to be able to put enough time into it to make it work.
So what is EyeEarn anyway? EyeEarn, on the outside, is described as a way to “get paid to drive your car,” but really it is more than that. EyeEarn is a global advertising network where members earn their own portion of what the entire EyeEarn network makes.
Every member of the EyeEarn network is required to place an EyeEarn sticker on their car. By doing this they begin to receive a monthly commission for being a part of the EyeEarn network.
The monthly commission each member receives comes from the revenue the whole EyeEarn network makes. This revenue includes what is made from MaxMalls.com.
On top of the share you earn from the EyeEarn network, you can also earn from getting other people to sign up for EyeEarn. Upon signing up for EyeEarn you automatically are able to sell SFI’s affiliate products and make money for yourself. You can also earn from the sales that anyone who has signed up under you makes.
One of the best things about EyeEarn is that SFI will automatically place people under you every month that you are active. This means that your EyeEarn business will grow every month without you having to go out and do any recruiting.
To become active in EyeEarn all you have to do is sign up and buy the starter package that includes the EyeEarn sticker. Once you get your EyeEarn starter package, you place the sticker on your car, take a picture, and send it to SFI through the website, or mail, so that they can verify that you have the sticker in place. After that is all done you will be active. All you have to do then is take a short questionnaire at the end of every month so that SFI can make sure that you are still active in EyeEearn.
It’s a simple process, and it’s easy to get started. I can vouch that EyeEarn does work! It will not make you tons of money if you are not prepared to work at it. If you are ready to invest some time, effort, and money to start your own business that grows month after month, I encourage you to check out EyeEarn.
About the Author:
To get started or to find out more about how you can get paid to advertise on your car, check out my page about EyeEarn.
