Distributors should attend MLM company sales and recognition events.It’s always a good idea to keep yourself encouraged and engaged in your career by participating in company training events that enhance your sales skills. A good network marketing company will offer you tools and seminars to help you improve and grow your business. Some companies offer training tools in an online- back office environment, while others will host elaborate events in select cities.

You can always find ways to improve your sales and business skills online, either through your company’s training or by simply searching the web for articles and books on business growth and sense. However, MLM company seminars are particularly encouraging for MLM entrepreneurs. At company events you’ll be able to meet other like-minded, business-oriented individuals who will inspire you. Networking at company training events enables distributors to meet other distributors within the company. Distributors can learn from others about how

Continue reading »

Will the stock market rise tomorrow? Who will win the Kentucky Derby? If one knew the answers these questions, he or she would be rich beyond imagination. How much one might earn in a compensation plan is subject to too many moving parts to make any sort of accurate prediction: the compensation plan itself, percentages paid on product, profit margins of product, personal sales, down line sales, the factors are endless. Two important resources are available that will give you a good place to start on this arithmetic: (1) leading companies post average earnings disclosure charts which indicate the average earnings for consultants at various levels and stages of their direct selling program; (2) many companies provide online earnings calculators which allow consultants to plug in their own assumptions on their personal and group sales and activity, which are then used to calculate the payout based on their expected sales performance. These aren’t fool-proof tools but they will give you realistic expectations on potential earned income.

It’s important to be honest with yourself as well. Very few consultants make it ‘big time’ in direct selling, and that is because sales is hard work, difficult work and many give up shortly after running through their warm market (friends and family). But if you’re the type that loves to sell to every person that you come across in your daily life then you may be a great candidate for a consultant who earns really high auxiliary income.

Continue reading »

Invite your friends on Twitter, Facebook, LinkedIn, and Instagram to try your product or to join your company.

Invite your friends on Twitter, Facebook, LinkedIn, and Instagram to try your product or to join your company.

Obviously, there is no substitute for your warm market. Network marketing is a relationship business. And, to a certain extent, recruits sign on with you and customers buy from you based on your relationship credibility which means that you are putting your credibility on the line. For this reason all network marketing companies ask consultants to make a prospect list which is first led by the “low lying fruit:” family, friends, neighbors, co-workers, business associates, church members, PTA members, club members, Facebook friends, etc.

Beyond the “low lying fruit,” head to your social networking contacts on the web. Invite your friends on Twitter, Facebook, LinkedIn, and Instagram to try your product or to join your company. Try to get the most use out of these social networking websites by marketing in the ways that those who join these sites like to be marketed to… For instance, when you receive a fresh batch of cosmetics or a new pair of shoes from your

Continue reading »

Some colleges have noticed that network marketing is underrepresented in business schools and have been offering classes and certificates in network marketing

Some colleges have noticed that network marketing is underrepresented in business schools and have been offering classes and certificates in network marketing

If network marketing is such a powerful business model, why don’t business schools teach it in their curricula?

Some colleges have noticed that network marketing is underrepresented in business schools and have been offering classes and certificates in network marketing. Bethany College, for example offers a network marketing certificate, as well as a marketing major with a network marketing emphasis. The college reports that it seeks to promote integrity, trust and transparency in network marketing.

Even earlier, Utah Valley State offered a course on network marketing using the book, Network Marketing: What You Should Know by Jeffrey Babener as course material. Seminars in network marketing have been presented at University of Illinois at Chicago, University of Texas at El Paso and University of Houston. Cases studies of direct selling companies have been utilized at the college and graduate level and numerous academic studies have been published pursuant to grants from the Direct Selling Education Foundation (DSEF).

Network marketing courses focus on developing leadership skills that aid in becoming successful in a MLM company. General topics include selling, distribution, advertising, referral marketing, personal sales organizations, the legal environment, and compensation plans.

Continue reading »

As a consultant, where did you first begin selling your products/services?

It is often said that direct selling/MLM/network marketing is about first sharing your product and services within your spheres of influence, that is to say, first harvest the low lying fruit. This means calling upon your friends, family, social acquaintances, co-workers, members of your church, religious group, fraternal organizations, etc. In other words, sell where you are the most comfortable. Generally, this includes territory close to home. Generally speaking if you sell products/services at a distance then it is because you have connections. As you mature, you may venture into other territories, but it likely will be through social networking or by having an online presence.

As a consultant, where did you first begin selling your products/services? How would you rate your success during your first year as a consultant?

Continue reading »