50 Ways To Make More Money In Network Marketing
By Jay Harris
1. Use your products regularly.
2. Make a total commitment to your program for at least one year.
3. Sell yourself first, then the products and the marketing plan.
4. Spend 90% of your business time with distributors, customers and prospects.
5. Present your products and marketing plan personally to at least one person daily.
6. Let everyone know what business you are in. Advertise.
7. Make "understanding people" more important that product knowledge.
8. Duplicate yourself by making distributors independent of you.
9. Motivate your group monthly by offering money, travel, recognition and other rewards for specific achievements.
10. Praise your distributor's accomplishments.
11. Mingle with top distributors and ask how they made it.
12. Be persistent - only one out of every 20 people you approach may get serious about the business or be interested in your products.
13. Lead by example. Never stop recruiting, training and retailing.
14. Keep it simple: do things others can easily duplicate and copy.
15. Keep in touch - communicate by newsletter, meetings, weekly calls, postcards, voice mail - pass on pertinent information immediately.
16. Conduct simple, brief, dramatic presentations.
17. Listen 80% of the time, talk 20%.
18. Satisfy all complaints immediately.
19. Concentrate on what you can do for your distributors and customers, not on your own profits.
20. Ask for referrals from your best customers.
21. Give customers more than they expect. Everyone loves a free gift.
22. Develop at least 30 retail and/or wholesale customers.
23. Provide one-day delivery service.
24. Believe in your products so much that you know every person you talk to is going to buy from you.
25. Tell your customers how much you appreciate their business.
26. Don't accept "no" as a final answer - approach each prospect at least 12 times a year with new information.
27. Send customers monthly promotional information. Don't your forget your customers and don't let your customers forget you!
28. Speak enthusiastically about your business and products.
29. Work on top priority projects that produce the highest returns.
30. Build your list of contacts daily while you build your reputation.
31. Approach former top producers. They are always open.
32. Fit the needs of a prospect with the benefits of your products and/or business opportunity.
33. Organize your files so you can locate any piece of information in 30 seconds.
34. Use an answering machine or service, and return all calls within 24 hours. Use a cellular phone for best service.
35. Set daily, weekly, monthly and yearly goals - and do whatever is necessary to achieve them.
36. Do not pass negative rumors downline! Check the facts yourself.
37. Listen to cassette rapes on multi-level tips from top earners.
38. Subscribe to multi-level magazines. Read self-help books.
39. Expand your distributorship world-wide. Think big!
40. Tell others what they are interested in knowing, not what you think they should hear.
41. Spend money on things that will make you more money.
42. Schedule important tasks at the time of day when you are your best.
43. Delegate - do those things only you can do.
44. Read biographies of successful people to be inspired by their lives.
45. Present business opportunities and training regularly.
46. Plow your profits back into building your business.
47. Know that if others can do it, so can you. Challenge yourself.
48. Give yourself a reward for reaching your goal and a penalty for falling short.
49. Have so much fun in your business that others want to join you.
50. Do it now!
About the Author
Jay Harris of IMI Concepts. Visit his website http://www.1st-mlm-success.com
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What Everyone Should Know About How To Buy Wholesale
By: Melanie Burns
Finding a supplier for the product you want to sell, at a price that you can profit from, can be a big task. The best suppliers for your online sales or auctions do not advertise their services and often cannot be found online.
Those that you can find online tend to be middle-men. It is often difficult to get a good enough price to make any real profit online.
Let me tell you about my simple 2 step system to find an untapped source for wholesale suppliers. This is so simple that it's often overlooked as a source for product. This system involves thinking outside the box and not letting policy stop you. (continued below)
The First Step to find a supplier is to find someone that already sells or has access to what you want to sell. This could be a website, an eBay seller, a manufacturer, a wholesale outlet, or a regular store in your city. This is the easy step. You know what you are looking for and you can search on the internet, not for a wholesale source, but for anyone already selling what you want to sell.
Another valuable source for a local supplier is your local phone book. The yellow pages are the best way to find local sources. This should be the first place you look. Doing business locally with someone that you can meet face to face is a big plus for your business.
Another potential source for your product is to find a distributor who would be willing to private label a product for you. You could get a very high quality product for a much lower price than if it had the name brand label.
The Second and Key Step is to convince the source you found to become your supplier.
Manufacturers and wholesale sources often have minimum orders that might be beyond your reach if you are just starting out. Online retailers, eBay merchants, and retail stores may be your best bet. Try to find a small store who is looking to expand.
But remember, you are dealing with a human being and they can be convinced to do business with you. Just be sure to sweeten the deal for them. One way is to offer the person you are dealing with at your new found source, a percentage of your profits from the products he supplies you.
Be sure to project it out for him. If he can see the benefit of working with you even though it causes extra work for him, you can be successful in making a deal.
You could offer him 20% of the profit from sales of his products. For example you could show him that you project to make at least $100 profit from each product, and you expect to sell 40 of them per month. The $4000 a month means an extra $800 per month in his pocket. You still make a nice $3200 profit for the month in this example.
On top of that, he will be ordering more products from his supplier and may be eligible for a higher price break from them. This way, his reward for the effort to work with you, is making money on both sides.
There are many benefits you can offer your potential supplier, but no matter how you look at it, the main thing it comes down to is MONEY. What's in it for your potential supplier to do business with you? If can you show him that, you have a better chance of making a deal with him and starting your online sales.
NOTE: When looking for suppliers around your city, don't go trying to impress the big stores with your $800 or even $3,000 extra income per month proposal. Try going to the little stores that are looking to expand their business, they are the ones that are usually more open to new opportunities.
The big stores are making hundreds of thousands of dollars per month in profits, so an extra couple of thousand would probably not impress them the least bit.
So now you see that by thinking outside the box, you open the door to many possibilities and increase your ability to make money online with your products.
About the Author:
Copyright © Melanie Burns
This article is free for reproduction but must be reproducted in its entirety including live links and this copyright statement. Subscribe to the iBusiness How2 Newsletter to receive hot tips, how to's, internet business tools, and relevant product reviews by sending an email to: newsletter@internet-business-how-to.com
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