Now that you’re all signed up, excited and ready to build a
thriving business, it’s time to consider exactly what you need to do in the
first 30 days to turn a profit.
In the Network Marketing Industry, there’s basically 2 ways
to generate an income. They are:
1. Retail
2. Recruiting
Although there are several steps involved in each process,
we are going to focus on what you need to know to turn a profit in the first 30
days of building your business.
#1) Retail
When you initially attended your company meeting, or was
exposed to the opportunity, there was obviously something that made you a
believer in your company and what they have to offer.
Whether it was the compensation plan, the products or just
the culture, you found something that you felt you could share with others to
help impact their lives like yours was impacted.
When it comes to sharing your product and gaining customers,
your passion, belief and enthusiasm are critical. However, there are a few additional
elements that you MUST consider before racing off to spread the word about your
company and their products with the world, which are:
A. What need does your product serve?
B. Who wants what you have to offer and are ready to buy it
today?
C. Why do they want it? (What benefit will they get from
owning and purchasing your product?)
D. Why should they buy it from you?
As convinced as we often are about the benefits of our
company products and how everyone could benefit from them, you still want to
consider the needs of your potential buyers and how their quality of life will
be enhanced because of buying this product.
Network Marketing is a sales business, and in order to
retail as many products as possible, you have to implement the sales process,
which is:
A. Build a rapport with your potential customer
B. Ask questions to create a need
C. Listen intently
D. Share how your product will solve their problem
E. Get the commitment and Seal the deal
The more conversational you become with your prospects
without trying to “push” the sale on them, the more you’ll find them closing
themselves on the products just by asking them the right questions and allowing
them the freedom to talk and share with you exactly what their hot buttons are
that you can sell them on!
#2) Recruiting
The true leverage in building your core business is in
building a team of people who duplicate your efforts, while increasing the volume
and profits of your organization. This
is often the most feared aspect of the business because we often associate our
“new recruits” with family and friends that we assume are going to dodge us at
the next family gathering.
Recruiting can actually be the most exciting part of the
business if you “change your mindset” about what recruiting really is. Although you have personal numbers and goals
you want to meet so that you can earn a nice paycheck, recruiting shouldn’t
just be viewed as a payday. It’s
actually an opportunity to impact and change someone’s life, while opening a
door for them to discover financial freedom and a whole new way of living.
There’s so much more to joining a Network Marketing business
than making money. Of course that’s a
critical part of why people join, but there are also the benefits of connecting
with positive people, enhancing your personal development and learning your
strengths and weaknesses. There are also
opportunities to go to places you never imagined, and even potentially work for
yourself fully, without ever going back to clocking in at a 9 to 5.
The minute you learn to interpret the benefits of your new
“Millionaire Fraternity or Sorority”, you will find that people are dying to go
with you to the next meeting, just to meet some of the inspiring leaders that
you’ve been boasting about.
To recruit effectively, share the benefits of being
connected, rather than forcing them in for a paycheck. They will be able to see the difference, and
you will too when it comes to your paycheck.
Once you learn how to sale and recruit effectively, it won’t
matter which opportunity you become involved in. You will always be able to run
your business successfully. In addition,
always look for opportunities that you believe in because when you are running
a successful mlm business, it becomes more of a lifestyle.
With that said, I would like you to take a moment and look
at one of the companies that I really believe in. I’ll be posting a blog about Elite Profit Network very
soon. In the meantime, should you have any questions, feel free to contact me.
All the Best!
888-998-9193
internetmoney@reneestarms.com
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