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Which of These 7 Mistakes Are You Making In MLMJoe Schroeder Youve done it. Youve signed up with a network marketing company. Youre ready to get started with your teams advertising system. Youre ready, set, go. All the ads hit, youre excited. Like a kid who cant wait to go to Disney World, you wait for the responses to pour in. After 2-3 days... Nothing. Why didnt anyone respond Dont worry. Youre not alone. Matter of fact, this is a common scenario in MLM. People get jazzed, sign up with their uplines co-op, fire off a few hundred emails, get the postcards, and nothing comes of it. Marketing experts they are not. You, of course, are smarter than that, which is why youre reading this special report right now. You want to know the top 7 mistakes people make in MLM, and you want to know the solutions to them. Here they are: 1. Using Institutional Advertising Institutional advertising is advertising that does not focus on your prospects. Rather on you, your company, your pay plan, your products, your bonus pool, your packaging, or the sales people at the home office. Anything that does not focus solely on your prospect is institutional advertising. Think of Coke-A-Cola. Thats institutional advertising. Their sole purpose is brand their name into your mind. That way when you get thirsty and want a soda, you buy a Coke. You must focus on your prospects ego and their desires. What they want takes priority over what you or the MLM company youre with wants. Tell them whats in it for them. Solution: Create prospect focused advertising and drop your ego and appeal to the prospects ego. 2. Fell Into Management Mode This one is a biggy. In order to make money in network marketing or in direct selling the life blood is new business. For the first 2-3 years new business is what drives your income. If you spend all of your time managing people and none of it actually acquiring new business youll fall into a mode where your income levels off or just drops. This is management mode and it will stop you dead in your tracks from making long term income from MLM. Solution: Always be moving forward, building your group. Leading by example. By building. 3. Making MLM Your Business One of the most sobering and completely real facts of MLM is that you do not own your own MLM business. At any moment in time the network marketing company youre with could shut its doors, change its policies, cut the popular products not likely, but happens or any number of things that would instantly stop your income or cut it by 50%. Making MLM your business limits you. Stops you from seeing all of the possibilities outside the MLM industry. Instantly turning your income into something that is in reality, not yours. Make MLM a part of your business. Not the sole reason it exists. Solution: Expand your business into other areas. Not just MLM. 4. Not Being Personal MLM takes time, money, more time and more money to develop. As does any profitable business. However, in the day of emails, fax machines, web sites, online video, and super technology, it is easier than ever to forget you are working with real live people with real live problems and worries. Adding a personal touch to the process will build your credibility, and build trust with those you plan on working with. Solution: Add a personal touch and build trust 5. Not Being Realistic Technology makes it easier for you to contact more and more people at an ever growing rate. Which leads some people to hype up their claims. Hyped up claims are not always so outrageous they instantly appear full of hype. Some of them are subtle, like, No direct selling. Which seems like a benefit, because people hate to sell. In truth, direct selling is network marketing. You are not as aggressive about it. But you will, and always be selling something to someone. Solution: Be Realistic and understand network marketing is a selling business. 6. Losing Focus Losing focus is easy. Thousands of ways to advertise and reach your market exist. Pick 1 or 2 or 3 of them. Not all of them. Focus on what works, and drop what doesnt. If you know its not working after a few weeks, dont do it anymore. Truly effective advertising works in just a short time. Not 3 years. Save yourself time and money and find an alternate way to reach your market once the way youre using proves itself to be ineffective. Solution: Focus only on one, two or three advertising strategies at time. And focus on them until they prove to be ineffective. 7. Becoming a Computer Jockey A Computer Jockey Whats that Computer Jockeys are people who sit there in front of their computer and try to work their MLM business completely online. 24 hours per day, 7 days per week. This is just insanity. While the world wide web does offer more affordable ways to reach your market. It isnt the only game in town and placing print ads and sending sales letters to people offline is not only effective, but sometimes more effective. Solution: Try advertising offline as well to expand your reach. Respectfully, Joe Schroeder Published by Jason Clark
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"Any of us that use AdWords or any other PPC has to pay for a certain percentage of fraudulent clicks," he said in a forum discussion. "I factor it in as a cost of doing business." Should You Advertise on TV When people discover my background in advertising, the questions flow. One of the most frequent questions is "Should I advertise on TV" Low-Cost Marketing With Postcards Heres a simple way you can generate lots of sales leads ...or traffic to your web site. Use postcards. Theyre highly effective and very low-cost. Plus, postcards provide the following 6 unique advantages over most other types of advertising. Press Releases for Every Occasion To many marketers, the press release is something of a "one size fits all" proposition.You want to get media coverage, you knock out a press release, send it to some journalists and sit back and wait. What I Learned From a Womans Magazine Its amazing what you can learn about marketing if you can just find the time to spend in a dentists waiting room. I was reading a certain womans magazine, which will remain nameless because of my allergy to lawsuits.The magazine obviously has figured out what sells well, given that it operates on a consistent formula. The Yin & Yang of Internet Marketing Westerners believe opposites flow in a natural cycle always replacing the other.They tend to look at things as black or white, right or wrong, up or down, giving a separation and unrelated-ness in their perspective. Avoid the Top 10 Network Marketing Mistakes Just completed this for the December Noni Pearls Magazine, thought I would share it with all of you. Hope you enjoy it. Wheres Your Focus, Money or Customer Is your website Really useful Targeted Traffic is More Important than Ever! 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Next thing you know, orders start coming in faster than you can handle, and you are rolling in the money. If only it were so easy, right Determining Visitor Types The trade show floor is full of different types of people with different agendas. Some people have specific goals for attending the show; others do not. As an exhibitor your observation and questioning skills will be your key to determining who may be a viable sales prospect. Familiarize yourself with the various visitor types likely to frequent the tradeshow floor. If You’re a Marketer, You Should be Blogging Blogging has captured the interest of many across the World Wide Web. The cold, robotic nature of the virtual world becomes warm and cozy when we see personality and real life thoughts appearing on our screens. Sometimes we make a connection with the blogger that leaves an impression. We’re caught! Our natural curiousity will draw us back on a regular basis to get the juicy updates the blogger throws our way. |
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