THE REAL SCOOP!
By Alfred Shea
I am calling this 'The Real Scoop' because I am going to share with you the no-hype, insider information on what is commonly referred to as... Network Marketing, Multi-Level Marketing, Referral Based Marketing, MLM.
It has many different names and comes in many different forms, but the reason for this Free Report is to find out WHAT it is and HOW it can work for you. First, here is an inside look at why a successful and well respected company decided to distribute its products through this revolutionary concept. Then, there are several other excellent, generic resources on the Internet to find out more about Network Marketing.
Why Network Marketing?
(A specific look at why a very well respected and successful company chose Network Marketing to distribute its leading edge products.)
When Big Co-op decided to market their products to the world, the focus became 'HOW?' With the changing economic landscape, traditional methods of distribution simply don't work anymore. Not just Big Co-op but thousands of major companies are starting to use 'systematized word-of-mouth advertising' to promote their products. Why? Manufacturers today want to get their products into the hands of as many people as possible as quickly as possible. Consumers today are fickle and convenience is paramount. For young growth companies without brand-name recognition, this may require millions of dollars of constant advertising. Further profit-margins are shrunk by the layers of traditional distribution (jobbers, wholesalers, retailers, etc.) each who want their cut of the profits while adding zero value to the finished product. Add in the uncertainty of fierce competition and the landscape becomes rather bleak. But by utilizing network distribution, the game changes. The manufacturer focuses more resources into product quality and creates a wholesale pricing structure. The distribution is handled by the distributor field, which is potentially thousands of mini-franchisees with large-scale geographic penetration. This partnership of the Manufacturer and its Independent Distributors is mutually beneficial. The company slashes huge amounts of its budget from its traditional sales costs. The company doesn't have to advertise anymore because its distributors do it for them through word of mouth. And where do all the millions of dollars saved go? To the distributors of course! They get rewarded for talking about the products with commissions and royalties. It sounds simple, but in reality it is a complex business structure that literally moves billions and billions of dollars in goods and services around the globe. Today network marketing is taking place in more than 125 countries around the world. What is the appeal?
Networking isn't a job. It's your own business. You are the CEO of your own distribution company. Each and every other distributor who is enrolled in your organization has the same title.
Big Co-op's products are moved through an army of 'volunteers'. You set your own hours, your own dress code, you work where and when you want to work. You have no quotas and no supervisor. These are the benefits of having your own distributorship!
Building your business can be done part-time successfully. In fact, over 90% of distributors are part-time. You don't have to go door-to-door. Big Co-op provides the tools necessary to build your organization, both across the street and across the world! You don't require any smooth salesmanship - the products and information are shared on a 'Try it, you might like it!' approach.
Unconditional money-back guarantees are how you attract and keep lifetime customers. Your own network marketing business can be successfully started for less than $500 and has the potential over the following years to create lifetime streams of passive residual income.
You can travel and build a business. There is no ceiling on your income.
For even more information I highly recommend the following three generic resources:
- The MLM Free Training Course http://www.mlmsuccesstips.com/course.html A 7-part training course that you can have for FREE. It will shave months off of your learning curve and help you make more money faster in your MLM business. - The Profit Clinic http://www.profitclinic.com/MLM/ Hands down the best generic online resource for Network Marketers is John Profit's 'Profit Clinic'. He has a website that gives more concrete, real life examples of what it takes, means, and is required for MLM success. - VisionPRO MLM E-Training http://www.lostandfind.com/visionpro/ Brought to you by Kevin Wilke. It strives to provide guality, timely, and top-notch training for the subscribers of this free ezine. Browse the site and read past issues, articles, interviews, check out the bookstore, and be sure to subscribe to the ezine so it can appear in your in-box every Friday. Then, for details on the specifics of the lucrative opportunity with Big Coop: I hope this provided you with an excellent overview of Network Marketing and why it is called the 'People's Franchise' Something that can and has been done by average, below average, and above average people.
----------------------------------------------------------------- Al Shea
mailto:a2shea@earthlink.net http://www.sixfigureincomeclub.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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