- What To Look For in an MLM Opportunity
- There are a lot of MLM's, and everyone's is the best, right? So,
- what aspects of an MLM business are the ones that count?
- PRODUCTS
- One crucial aspect that many MLM's completely overlook is the
- actual products the business is selling. That's one extreme difference
- between many MLM's and traditional business, yet should it be?
- A lot of MLM companies focus very little on their products. Instead,
- the biggest money maker and focus is placed upon referring new
- recruits. There is nothing wrong with building a large downline and
- making money this way, but why not focus on strong products as well
- that will lead to further commissions resulting from your downline
- sales force? As well, some who do not recruit well may make more
- sales from the products your business offers. In a recruit only
- oriented MLM with poor products, you are only stifling your income
- potential.
- DUAL SALES POTENTIAL
- With good products, you also have a better recruiting tool. Instead
- of always throwing out the typical ads about the money making
- potential of an MLM, use your products to bring in leads.
- Front end sales, on good products, will interest many in joining your
- downline. If you build a good customer base with what you are
- actually selling, this can become a good base for leads on joining you
- in business. If they use, recommend, or believe in the produces first,
- they will be more likely to be interested in the business for
- themselves. This will also give you a better reputation and sales
- record to exhibit to others coming in with interest in the MLM side of
- the business.
- MARKET APPEAL
- Many businesses focus solely on those new to the Internet and
- MLM. Others are too complicated or not understood by newbies
- and are best targeted at those with previous sales experience.
- However, why not cater to both markets? How much harder would
- it be to write a different sales page for the MLM newbie? It could
- still lead to the same system, just offer further explanations, on a
- separate page, that would bore the experienced marketer but be
- beneficial to them.
- FOLLOW-UP
- Follow up is crucial to any Internet business, and that traditionally
- means auto responders. Follow up emails keep the opportunity or
- product fresh in interested parties' minds, continually offer the chance
- to go back to your sales site for another look, and allow you to
- provide additional information, and personal or downline
- testimonials.
- YOU
- Another, and again often overlooked aspect of a good MLM
- opportunity is YOU. No system is so totally automated that it won't
- take your personal involvement, or at least cannot be improved by
- your personal involvement. Sales sites can be compelling. Auto
- responders keep contact for you automatically. Still, nothing beats a
- personal story and personal contact. Use your automated tools, but
- never be afraid of a personal email or phone call if the slightest
- chance comes up.
- MLM's are not all created equal. Don't fall for the traditional 'get
- rich' hype. Demand to know how a business will work for you, and
- how you can make it work for yourself. Consider all the aspects and
- look for those that will give you the best advantage.
- Written by Joe Bingham,
Jun 19, 2008
What To Look For in an MLM Opportunity
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