Posts Tagged ‘network marketing business’
Online network marketing has evolved to the point where it’s a viable option for a full-time career or at least a significant part-time income for millions of people. Based on the current economic conditions, the increased credibility of the direct sales industry in recent years and the amount of people wanting to start their own low-cost, low-risk small business, network marketing is poised to grow by leaps and bounds in 2012. This will benefit many network marketing companies, and you’d be wise to start your own network marketing business by the beginning of January to get ahead of the curve. But this begs the question, which network marketing company should you align yourself with?
The top network marketing company in 2012 is the one that’s been around the longest, is number two in worldwide sales and has been growing at a clip of more than 10% per year even during the recession. The top network marketing company is Amway.
When you have the world’s top selling dietary supplements in Nutrilite, a top 5 prestige skin care brand in Artistry, one of the top 5 best selling energy drinks and the highest rated cleaning products and detergents, you know you’re doing something right. Add on some high quality personal care and home care products along with dozens of brand name partner stores, and it’s little wonder that Amway did $9.2 billion in sales in 2010 and is projected to do $10.5 billion in sales in 2011.
As great and as in-demand as their products are, there’s even more to like about the Amway business opportunity. The compensation plan is the most lucrative in the industry, and it’s built to reward even the newest person with bonuses and healthy monthly income checks as long as the new business owner completes a few simple steps to lay the foundation for their business.
Amway supports its Independent Business Owners (IBO’s) with global advertising campaigns through several mediums like TV, Print, Internet marketing and more. They continue to innovate with product development, social media participation and improving their business opportunity to be unmatched within the industry.
I highly recommend taking a good look at the Amway business opportunity before you consider any other network marketing company by doing some research and talking to an informed IBO, such as myself.
For much more information on Amway and why I feel it’s the top network marketing company in 2012 and beyond, click on the link below and read all about the company, products, partnerships and business opportunity. I think you’ll see why starting an Amway network marketing business is becoming so popular among ambitious online entrepreneurs like yourself:
The old-school curiosity approach is out, and the new-school, upfront and honest approach is in.
I’m sorry to break the news to the veterans out there, but prospects these days, especially in North America, are too skeptical and distrustful to let you get away with the “curiosity approach,” which was very flawed and dishonest in the first place in my humble opinion.
You see, by not disclosing vital information to a prospect such as the actual company you’re affiliated with that provides the business opportunity you are offering to this person, you are by default being dishonest with them.
Be that as it may, it worked to some degree for many years, at least on the vulnerable and the naive. Now, most people want to know everything right off the bat and which network marketing company you’re working with, and frankly, they have every right to.
Why not disclose your network marketing company to a prospect? Are you ashamed of your business? Are you worried they’re going to do a Google search on your company and run into a bunch of negative websites? Well they might just do that, and once again, they have every right to, but it’s your obligation to be open and honest with them from the start, and they can make the decision from then on what to believe and what not to.
I can’t stand when network marketers try to dance around the issue of what company they’re in. And by the way, even though you’re not an employee and it is your own business, you are “in” your network marketing company, whether you like it or not. The faster you accept this the faster you’ll grow.
The major driving force behind people still wanting to use the old-school approach is not only wanting to withhold information from the prospect, but also because they have little to no interest in selling their network marketing companies’ products. They only want to recruit and sponsor. Needless to say, this is an awful approach to building a true, balanced network marketing business.
Selling products should be the first thing you learn to do as a network marketing business owner. You are in direct sales after all. Only after you learn about your products, learn some sales skills and demonstrate your ability to make a consistent, significant profit by selling your products should you venture out and attempt to sponsor some other opportunity seekers who you wish to train to do the same.
If you attack your business with this mindset, you will have no choice but to lead with your products and your company name. You will actually be happy to do this after a while. Believe me, it’s much easier than having to dance around the issue and play games with your prospect.
Proudly proclaim the network marketing company you’re in, lead with products, sell, and then sponsor. This is the correct process for a profitable, long-term network marketing business. You will gain people’s trust, make more money earlier on in your career, and people will actually come to you wanting to do what you do, which is selling quality, exclusive products at a reasonable price and then teaching others to do the same.
Lately, I’ve been on more of a product-sales kick than recruiting, despite the economic conditions forcing many people to look for business opportunities. In early June, I had somewhat of a change in thought process for my business and now view myself as more of a sales rep, or a direct sales business owner, rather than a network marketing business owner.
The major reason is that Americans are much more likely to buy high quality health, beauty and home care products from you on a consistent basis than commit to a business opportunity long-term, even if that business opportunity is low-cost and no risk. Plus, being able to sell products online turns your business into more of a hands-off affiliate marketing business, or like I said above, a true direct sales business, rather than a multi level marketing or network marketing business. This can create a form of residual income that’s even more automated and less time intensive than if you had a huge downline producing the same amount of volume.
That’s been my experience at least. I’m not suggesting you take the “network” out of network marketing completely, or even shift your focus away from recruiting whatsoever. I’m just saying that it’s important to have a balanced business in terms of products sales and recruiting. And I’m also saying that selling your company’s products online, when done properly, can set up an even better lifestyle for yourself than building and maintaining relationships with a productive downline.
Think about it. Selling someone a product does not require near the maintenance or the commitment that sponsoring them does. When you sign someone up in your opportunity, you are almost making a promise to them to get involved in their financial and maybe even personal life, to stick with them throughout their career, and to be available to them around the clock. When you throw in the expected training, motivation and direct assistance you’re expected to give someone you personally sponsor, is it really worth it when you consider the unlimited income potential of selling products online?
For some it definitely is. For me, I’m not so sure anymore. I think from here on out I’ll sponsor someone if they really want to get into my company or learn from my marketing methods, but other than that, I’m a pure salesman. It’s less stressful, less time intensive and just as lucrative. The residual income potential still exists, and there’s nothing stopping me from sponsoring more people whom I’d like to help down the road. I now have the attitude of getting back to what direct selling was originally meant to be. Promote and sell your company’s products, establish a solid customer base, become profitable, and then develop a sales team that will duplicate your efforts.
I’m proud to announce that the Self Development Shop is finally complete and open for business. It’s actually right on schedule, and I couldn’t be happier with the way my new website turned out.
I’d like to thank the good people at Solid Cactus, a local Internet marketing agency, for their hard work, their attention to detail, and for finishing up the project within just one month after I first came up with the idea of starting an e commerce website.
This online store is now my full time business, as it is the culmination of everything I’ve been doing over the past four years. From my experience in SEO and Internet marketing, to my home business, to my different affiliate partners and my passionate interests in personal development, health and fitness, and business and marketing, the Self Development Shop brings it all together in one package that I intend to make my long-term career focus.
I hope you enjoy and find value in the products offered at the Self Development Shop, and I truly expect you to benefit greatly from them in all facets of your life. That’s the goal of this website, to get people on the fast track to success, whether that be financial freedom or any other type of personal happiness you are seeking. I want to see you achieve your goals and develop yourself so that you could extract whatever you want out of life. I believe the Self Development Shop will help you do this.
This blog now exists primarily to support the Self Development Shop and it’s products, because of the benefits it can provide to all people who visit, and because, quite honestly, it will be my main source of income. But Pro Network Marketing will still provide tips and support to help you grow your network marketing business, as well as keeping you up to date on the home based business industry.
But from my experience, nothing is more important to your long term success in business and in life than developing your attitude, your mind and your physical self. That’s why I created the Self Development Shop, and that’s why the Pro Network Marketing blog will exist first and foremost to support it and keep you up to date on our products and on any news about our store.
Visit the Self Development Shop at the link above in the header of this site, or by clicking the image link on the homepage of this site, and come back to this blog often for more news, tips and advice that will support you and help you grow in your business and life pursuits. And feel free to leave me any comments you may have on the new store or our products.
Here’s to your success and the awesome future that we will create together through high quality products from the Self Development Shop!