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Thought this was interesting for all you out there combining social networking and MLM.
Network Marketing and Social Networking Site Secrets | BetterNetworker.com.
The growth is on. I have been saying for several months that the next great growth wave in network marketing was on its way. It’s a big one. As a MLMer are you going to sit around a be a victim or the recession or are you going to take advantage of it. You may not see an opportunity like this one for the rest of your life.
Job hunters flock to Avon, Mary Kay, Tupperware.
Greg
WARNING: Don’t join any MLM or Network Marketing opportunity until you listen to this 24 hour Pre-Recorded Message! Call ANYTIME 24 hours a day (303) 532-4321
In case you haven’t heard yet, The Donald purchased a MLM/Network Marketing company. So what does Mr. Trump know about running a successful MLM company? Nothing!
Dear Mr. Trump, it is too important for you to succeed/not screw things up in our industry for me to remain silent and let your deal just happen. Well, let it happen without me throwing in my two cents. I want you to win big.
First, put your name on it. Network Marketers are traditionally a bunch of Rodney Dangerfield’s. Everyone thinks when they participate in MLM “they don’t get no respect!” For the most part, they’re right. They hear “pyramid scheme” far more than they hear “thank you for the opportunity.” Donald Trump is a credible and potentially powerful name in the Network Marketing industry. Provided you don’t blow it.
Products…I understand you have purchased a company that makes custom nutritionals for your customers. Big, Big mistake if you choose to continue down that path. The last thing you need in a day and age of the FDA big brother is a bunch of MLMers running around playing doctor. Nutritionals are good, custom nutritionals is a guaranteed failure. Have a good company build you a nutritional product line with custom formulas and great packaging. Price them higher than anyone else in the industry. Price and perceived quality are synonymous. Don’t build any products that people will make claims that they cure something….the FDA will make your life hell.
Compensation…never, never, never pay out more than 45%. You are going to have a cost of goods sold in the 15%-18% range, you simply won’t have enough money to stay open long term paying out 55% or more. Distributors love to say “we pay out more than anyone.” However when it comes to running a company, distributors are dumb. Also, look at a unilevel with a multi-tiered bonus pool or a binary. Do not launch a matrix. The last thing you want to do is change your comp plan in mid-stream.
Cash…Bring enough cash to survive growing your MLM company. We have had a few big shots start companies in our industry. They don’t love MLM, they think it will make them rich from day one. If you are willing to deal with a little pain, get the heck away from our industry. We don’t need another big name know it all sticking his mug in where it don’t belong.
Location, Location, Location…stay out of New York. Go to Dallas, Texas. Abundance of trained people available and good corporate types from our industry hang around there.
The Suits…Hire experienced people to run your company. You need MLM experience.
Ok, bud, I think you get the idea. This is a great industry that you can make even greater. But unless you do it right from the start, you’re going to fail. That’s bad for all of us that love it like I do. So just do it right.
If it’s IMPORTANT to CBS why isn’t it important to you. What are you doing to build your personal name brand? Do you have your own website in your name (http://GregArnold.com) do you have a blog that you regularly write in and in your name? (http://GregArnoldBlog.com) Do you regularly write articles? Are you listed in Who’s Who In MLM? (http://whoswhoinmlm.com) It’s only $49.95 for a lifetime inclusion.
If CBS thinks it’s important to promote themselves, why is it bad for Network Marketers? Think about what it will take for you to become a MLM / Network Marketing name brand and go to work on it. Don’t forget getting to the top of your company’s pay plan. It’s always helpful to be the best.
I was reminded of something this morning that you may find useful at times. When things are bothering us, when we are angry, sad, disappointed, we often think we are the only ones going through something like this. The guy next door my be dying of cancer but our newly acquired stubbed toe is far worse to us at the moment.
We all hurt inside and contrary to popular belief, the guys who do all the winning aren’t void of challenges in their life. Every time you let one of life’s challenges take you out of the game, you are cheating yourself.
The only difference between champions and ordinary people is champions keep on keepin on even when they are hurting inside.
Visit my website at http://GregArnold.com
A new study from MarketingProfs indicates that micro-blogging social network Twitter may not be about social networking at all. It’s about information. Researchers have studied the Twitter phenomena and have determined that most Twitter users are simply interested in getting more information and pertinent information in a timely manner…
Study: Twitter is a non-social social network - Social Marketing - BizReport.
Social networking can give you the same marketing power as a company like General Mills. Is the force with you?
General Mills Connects With Social Media Moms.
I am the world’s biggest coward. I don’t do cold calling. Yep, I’m afraid to ask total strangers to join my opportunity. I don’t send out opportunity offers to my social networks friends list. I know many people do, but I don’t like to bother people. Call me an aggressive non-aggressive. I make it a personal rule never to sponsor anyone until they tell me that they want to join me in my opportunity.
It’s true, they have to ask me to join before I ever call them and talk to them for the first time. 10 to 20 people per month currently do just that. Of those that ask, I sponsor about 60% of them.
The other thing you should know is I don’t participate in any free or one pay or low premium opportunities. It costs $180 to join me then about $140 per month. I tell you this because I want to impress upon you that you don’t have to beg people to join you. In fact, it simply doesn’t work.
What do I do. Well, I am an online social animal. I write blogs, I post in others blogs, I participate in forums, I send out greetings in my social networks two to three times each day. I have a Monday morning radio show, I do a Wednesday evening webinar, I write articles, and I give tons of free advice out.
Doing all this creates a steady stream of traffic to my website (greg-arnold.com) which is set up in four pages, each a squeeze page or landing page. This creates a steady stream of highly targeted leads. Some of which are ready to ask me to sponsor them. I send all my leads an invitation each week to come to my webinar.
All of this creates 6 to 12 new sponsorships each month. It all takes a discipline to be consistent everyday, but it is worth it. I can teach anyone to do it, but I have already given you a pretty good outline right here in this blog. Making money doesn’t have to be difficult. Most people make it a lot harder then it really is.
BTW, I have sponsored 3 terrific people from Successville in the last week, as well as 1 from my blog, 3 from Facebook, 1 from Amazon books and 2 from MySpace. All in the last week. Ok it’s been a little better than normal. But I still can’t stress enough, anyone can do it.
Best of success to you,
Greg
About six weeks ago I put a simple system into place that anyone could do. Since Friday I have sponsored 9 people. If you would like to know more contact me, I’m having fun and making money. You could to, I’ll happy to show you how!
Richard Brooke asks you in his latest blog post: “Take a moment to imagine where our society would be, if we (people and businesses) allowed ourselves to believe we have no need for improvement. If we settled for “good enough,” instead of reaching for excellence. If in the afterglow of great success, we adopted an attitude of “We’ve arrived!” and neglected to ask, “How can we improve and reach the next level?””
Worthwhile reading from one of my favorite trainers!
RichardBrooke.com: Blog | Being the Best You Can Be.