Tag Archives: home based business

MLM Success: Reply to tough question from prospect

If you’re in MLM for any length of time, eventually you encounter a prospect who throws THE question at you. You know the one. The person, skeptical and trying to undermine your sales presentation and your home based business, asks something like,

“So, how much did you earn your first month/last month?”

If you started out really well or had a good month, it’s easy to provide a standard reply. But what if you’ve struggled a bit in your MLM business and you just aren’t up to speed? In a case like that, you might want to take a cue from the pros.

In the October 2011 issue of Better Networker magazine, Norbert Orlewicz offers his reply. Norbert, a very successful internet marketer, was asked early in his MLM career how much money he made. He replied:

“None! But I’m now generating my own leads online. In fact, you’re one of them. And I can show you how to do the same. If you want, I can put you on the line with my sponsor, who’s making a strong 6-figure income in this business.”

He added that the caller eventually became a customer.

Ray Higdon, another legend in the MLM world, offered his take during a webinar on Oct. 11. When asked how much he made his first month, Ray replied,

“I don’t know. I haven’t finished collecting it all yet. You see, I get paid residual income in this business. I’m still earning money from my efforts from my very first month.”

Keep these replies in mind. Perhaps they can work for you.

Feel free to comment below, and share this column so others may benefit as you have. Thanks!

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Are you struggling in your internet marketing business? Perhaps you need to revisit the basics. Pick up a copy of Mike Dillard’s classic ebook, Magnetic Sponsoring.

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Tom Fuszard, public speaking, discount travel

 

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Enjoy MLM success through consistent marketing

Marketing for an online business can seem overwhelming to someone new. Believe me; I know the feeling. There is so much to learn, so much to do. You wonder, Where do I begin?

New network marketers also feel that they don’t have sufficient knowledge or experience to offer advice on their topic. True, you may not know much, but you can change that in a hurry. Keep in mind that you don’t have to be a veteran online marketer to share valuable information with other network marketers, especially newer members. Remember that people are joining the network marketing community all the time.

First, relax. Yes, the learning curve can be steep, especially if you’ve never been involved in network marketing before. The whole process can seem really intimidating at first. After awhile, though, you begin to understand how the various parts of the puzzle fit together. Within a short period of time it all starts to make sense.

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Stay in touch with your teammates to keep them on your team

As network marketers, we live in cyberspace. Almost everything we do involves tapping into the Web (OK, “Internet” for most people). Problem is, we often let that get between us and our teammates and prospects. Among other qualities, leaders manage their time wisely, but they also maintain the personal touch that is so important in business today.

One morning I received an email from a customer service rep at Aweber. It was probably sent via an autoresponder, but that’s secondary to the message itself. It read in part:

“I noticed you’ve had your AWeber account for about two weeks now, and I just wanted to check in with you. Have you been able to find everything you need? If there are any instructions that you can’t find, or if you have any questions, just let me know” (That was hyperlinked to his e-mail account.) The next sentence offered a toll-free number for their customer service department.

Coincidentally, I’ve been contacting my sponsors with questions about the various processes I’m engaged in. That’s usually the case: You have a question or concern (maybe a complaint), and you seek out the business. Here was a firm reaching out to me. That’s service.

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Want to be successful? Put in the effort.

One thing I’ve learned in my short stint in the network marketing world is that there are no quick paths to wealth. Believe me, I wish I could just type a few keystrokes and watch the dollars roll in.

how to have a successful meetingPerhaps it’s due to our 24-hour, Internet- and cable TV-induced lifestyles that we always want instant gratification and reward. We don’t have the patience to nurture a process. Oh, there are still some folks out there claiming you can have incredible success, wealth, the nice home, and a hot babe (or hunk) quickly and effortlessly. Rational online marketers know that is not true. Unless you win the lottery, you have to work for that big paycheck.

Renowned author, speaker, coach and entrepreneur Dan Kennedy puts it so well in one of his blog columns,

“Part of the process is getting through of a lot of information in a hurry but also continuously. For nearly 25 years, I read a book a day plus newspapers, trade journals, newsletters, visited the public library weekly; took on a needed skill and so thoroughly and intensely studied it as to become a world class expert.”

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How to sponsor and follow up once an affiliate has joined your MLM business

Your success in a network marketing or MLM business is greatly tied to how well you develop your team. The larger and more productive your team is, the more prosperous you will be. You understand that intuitively. To what extent, though, do you actively nurture and engage those whom you bring into your home based business? You are their sponsor; it is your responsibility to coach and mentor them, especially in the initial weeks and months.

Everyone has their suggestions of how to sponsor an affiliate in an MLM business. As someone fairly new to network marketing, I feel I can offer a valuable perspective.

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