NETWORK MARKETING TIPS FOR BEGINNERS

After a lot of researches gone through i have been able to come up with some network marketing tips. These tips would pull through the difficult moments in network marketing. 

Going through these tips over and over again in the morning, afternoon, bed time, would help keep you souring higher and higher in this business. 

THE TIPS NEEDED to build a successful network marketing career are listed below.

•Have a full perspective, a full understanding of network marketing. 

•Have a deep understanding of what it can do for you. 

•Have a goal in mind _a goal that keeps you motivated to do what is necessary to succeed.

•Have a good attitude that would affect your daily life. 

1.HAVE A FULL PERSPECTIVE A FULL UNDERSTANDING OF NETWORK MARKETING:

It is very wrong to administer a drug to a patient when not aware of the content of such a drug. This kind of action results into drug abuse or misuse, in the sense that the drug is not taken in the right proportion. Prospecting without having a full knowledge of your company, products and contents would result into a serious problem. 

For instance :Joe gave a product meant to solve the problem of cleansing to a woman with HIV AIDS, not being aware of the fact that the product doesn't cure aids but only cleanses the immune system. Joe was embarrassed by the woman for testing position to HIV after using the product.

2.Have a deep understanding of what it can do for you;

Knowledge is power, understanding is right judgement. To know the privilege of getting involved in this business would assist you to sign-up fast and start recruiting new prospects on a daily basis. The total time freedom offered in network marketing is one of the things we enjoy. Others in traditional business have not more than few hours on Sundays to spend with their friends and loved ones. In network marketing I have total time freedom to spend with those I love the most, working 2-3 hours a day.

3.Have a goal in mind;a goal that keeps you motivated to do what is necessary to be successful;

He who fails to plan,plans to fail. If you don't plan ahead in network marketing be sure to fail in a couple of two to three months of joining! Have a daily plan of how to run your business such as; meeting 5-10 prospects per day, doing three way calls and conducting seminars. 

These goals would I help push you forward to achieve your aims of being successful within your first 2-3 years in network marketing. Failure to plan your day would surely end up in regrets and disbelief in ones self. Don't ever have doubts in your mind about this business. What it can do for you is so much to think about. Therefore, start motivated and focused on achieving tour goals.

4.Have a good attitude that would affect your daily life;

My dear friends I want you to gain from this article,so stay focused at this part. This is where a lot of potential to-be network builders lost their track. These are people who in them were future managers and directors. But what did they do wrong? These set of people were more interested in the monetary gain in this business, rather than impacting into the lives of people. I feel very, very happy to have relieved a friend of cancer. It gives me great joy to hear a fellow friend say to me,"Thank you, for saving my father", this is really the joy in network marketing. Being enthusiastic always would drive you through your struggles in network marketing. 

I will assure you that if these are strictly followed, you would have nothing to fear in network marketing and have your feet firmly put into this business.

NETWORK MARKETING TRAINING

These refers to a set of programs designed to assist individuals to increase their knowledge of the subject which is being spoken about. 

The training must be attended by all prospects before their first encounter with people about the business.

WHO NEEDS NETWORK MARKETING TRAINING. 

Everybody needs to be equiped with more knowledge of the business, ranging from the prospect to the recruiter to the distributors , then to the achievers and finally the manager. 

All of these categories in network marketing needs to be lectured, so as to gain more and learn from others experience. 

During network marketing training, new prospects listen to the compensation plans of the business, helping them understand how they would be paid for their hard work. 

They get awareness of the products which they are to promote by attending seminars, presentations etc. Either in halls or during online conferences. 

RANKS OF PEOPLE IN NETWORK MARKETING. 

_Prospect. 

_Recruit. 

_Distributor. 

_Achiever. 

_Director. 

_Manager. 

If a prospect fails to attend this training and goes ahead talking this business to people, he would surely be blown away by the rejection rocket. 

These set of training program would also help to rebuild the minds of new prospects, preparing them for rejections and how to stay determined and focused to achieve their set goals and purpose of joining this business. 

Take for instance :a woman named Lucy in South Africa after listening to her close friend about network marketing, became so enthusiastic and anxious. She went ahead to tell her spouse and then her husband replied, " No honey i can't involve in such pyramid scheme ".The rejection rocket is blown at her. Had she waited untill she had gotten enough training, she should not have been put in a bad way like this. 

NETWORK MARKETING TRAINING is very important especially for prospect, to help them as a guide in their first years in networking. 

WHAT IS NETWORK MARKETING

 What Is Network Marketing?

Network marketing relies on individual distributors who market and sell a product to their network of friends, relatives, and people they know or meet. The distributors make money through commissions on the products they sell. Often, they're not employees of the company, but rather independent contractors.

Distributors in network marketing businesses typically use three strategies to succeed: lead generation, recruiting, and building and management.

Lead generation is the process of locating new customers and clients who may be interested in the product. Recruiting is the process of adding customers and business partners to your network. And building and management are the way you train, motivate, and manage your recruits.

Multi-Level Marketing

In some businesses, the distributors are also paid a commission for recruiting more distributors to sell the product. The more people they recruit, the more money they can make.

The result is multiple tiers, or levels, of salespeople: the top, original tier (called "the upline"), and then one or more tiers below them ("the downline"). Each new recruit might then also recruit additional distributors, which would form that level's downline. This type of network marketing is called multi-level marketing (MLM).

Some MLM programs allow you to make money five or more tiers deep. The top-level tiers make the most money, because they receive commissions from all the tiers below them. It is difficult for the newest recruits to make money.1

Examples of MLM businesses include LuLaRoe, Magnetic Sponsoring, and Amway.

Does Network Marketing Pay Well?

Network marketing does not pay equally well for everyone. The amount you earn depends on the volume of sales you can generate on your own and, in the case of MLM companies, the success of your downline as well.

A study published by the Consumer Awareness Institute noted that most of the commissions paid by MLM companies go to a tiny portion of distributors, with 99% of recruits actually losing money on their efforts.2

There are several reasons why it can be tough to make money with multi-level marketing.

First, the company may require you to buy its products, pay for training, or keep a certain amount of inventory on hand. These costs often come before you can make your first sale, so you start out behind.

Then, the exciting bonuses or prizes the company offers are often only available to sellers who "pay to play," by making incentivized purchases of a certain dollar amount. This inventory then has to be sold as well if the salesperson is to make a profit. Sometimes these purchases are required if the seller wishes to advance, and reselling is tough because the seller needs to mark the product above retail to recoup their costs.

Finally, there are often operating expenses, such as computers, phones, internet access, and "training tools" required by the company. These costs further erode the possibility of profit, requiring the seller to meet such rigorous sales or recruiting goals that it's nearly impossible to get ahead.3

Not everyone who wants to sell something will be good at it. However, sincerity and genuine enthusiasm about a company or product is a form of marketing in and of itself. If the only incentive to the sales team is money, they may cut corners or mislead others in an attempt to earn more for themselves. For network marketing to be successful, the salespeople must be sincerely enthusiastic about the product as well.

Take the time to research your state's laws regarding network marketing. Deceptive marketing practices and pyramid schemes can land you in legal trouble if you are not careful.4

Multi-Level Marketing vs. Network Marketing 

Multi-level marketing is a form of network marketing with several levels of distributors. A large part of a multi-level marketer's success will come from recruiting.

But there are two other, simpler modes of network marketing as well: single-tier network marketing and two-tier network marketing.

Single-Tier Network Marketing

With single-tier network marketing, you sign up for a company's affiliate program to sell their products or services. You do not need to recruit other distributors, and all your pay comes from direct sales. Avon, the popular beauty company, uses single-tier network marketing.5

In some online affiliate programs, you get paid for the traffic you drive to the affiliate's website. Pay-per-click (PPC) and pay-per-lead (PPL) affiliate programs are other examples of single-tier networking.

Two-Tier Network Marketing

Unlike single-tier network marketing, two-tier network marketing does involve some recruiting, but your pay isn't solely dependent on it. You get paid for direct sales (or traffic you drive to a website) and for direct sales or referred traffic made by affiliates or distributors you recruit to work under you. An example of a two-tier program is Ken Envoy's Site Sell.6

Frequently Asked Questions (FAQs)

Can you make money with network marketing?

Yes, it's possible to make money with network marketing. However, it's not easy. To be successful typically requires a serious application of effort, time, and money. Casual salespeople will quickly find themselves losing money.4

Is network marketing risky?

Yes, there are risks that go with network marketing. You risk the money it takes for startup costs, inventory purchases, and training materials. You'll also spend time and money filling out paperwork, filling and shipping orders, and recruiting new salespeople. To make your money back, you'll need to sell a lot of product. And to continue to make a profit, you'll need to continue selling more (and sometimes recruiting new salespeople for your downline). Consider whether your network truly has enough buyers to support your business's needs, and research the network marketing company thoroughly before you get involved. 

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