MLM matrix compensation plan

The matrix compensation plan, or forced matrix as it is commonly known these days, is essentially a unilevel plan with its emphasis being limited width. The distinguishing feature of the plan is therefore its limited width.

The rules of this plan also make provision for limited depth, but this is not necessarily a key feature of the plan.

Compensation plans denoted by 3x9, 5x7 are all examples of a matrix compensation plan. The first number refers to the width of the plan while the second number refers to the depth of the plan.

3x9 for example means that you can have up to three distributors on your first level and your organisation can go down nine levels deep. Another way to look at it is that you can have a maximum of three distributors on your first level, nine on your second level, twenty seven on your third and so forth up to the ninth level.

Notice that, given the structure of the matrix plan, there is a limit as to how many distributors can be in any level. Once the level fills all available positions, any new recruit will spillover to the next available position on the next level. If the next level is also full, the new recruit will be placed on a level further down.

Theoretically, it is possible to saturate your organisation. The potential saturation of the matrix plan should not be cause for concern. It rarely happens in the real world that any one person can fill a matrix structure.

If you are interested in working out the potential size of any matrix organisation, simply multiply the number of possible distributors on the previous level by the width of the matrix and add the resultant answers together to get the total.

Let's use the 3x9 as an example.

On the first level you have three, on the second level you will have 3 by 3 which is 9. On the third level you will have 9 by 3 which is 27. Keep multiplying until the level nine. Finally, add all your answers. The answer you get is the potential size of a 3x9 matrix plan.

Still confused?

Here is a 3x9 matrix worked out for you.

3 x 3 = 9
9 x 3 = 27
27 x 3 = 81
81 x 3 = 243
243 x 3 = 729
729 X 3 = 2187
2187 x 3 = 6561
6561 x 3 = 19683

Adding up all the answers, we find that the potential size of this matrix is 29523.

Does the potential size of a matrix plan really mean anything to you as a distributor?

Not much. The key lies in understanding how it works and whether you will be able to run a sustainable network marketing business with a company that uses this plan.

Success with any network marketing compensation plan mainly depends on two factors:

• Your personality or character, and
• The nature of the products you are selling.

What type of distributor are you? Are you just a product user? Are you a sales person type of distributor or are you a sales leader or recruiter type of person?

If you are product user for example, the forced matrix may suit you if the products you sell require a monthly subscription, preferably by debit order. Your aim was not to build a business in the first place but merely to use the product or the service. As a result any business, small as it will be, will be mainly from any spillover from upline.

This may not apply to a recruiter whose main aim is to build a business. As a business builder, the forced matrix may offer a much greater challenge to you, because...

You need to work out
how you are going to
build your structure

And...

Since width is limited you may end up channelling all your new members to distributors who are themselves not as keen as you are in building a business.

So balance is required. What I find is that the forced matrix will work better for subscription based products or services. With this kind of products you do not have to worry about whether your downline will make any purchases from the company in this pay period or not.

To overcome this problem, some network marketing companies have what is known as auto ship or automatic shipping. This means that you, the distributor, authorises the mlm company to ship an agreed quantity of products to you and bill you accordingly. The company does not have to wait for your order.

There are two advantages of the forced matrix compensation plan, namely:

• The potential for spillover; and
• The possibility of having more than one sponsor.

The potential for spillover

Spillover is a term used to describe a situation where, after signing up the maximum number of distributors on your first level, any person you sign after this maximum 'spills over' to the next level. And if the next level is also filled, to the one following it.

The potential for spillover is the most hyped of the two advantages. When recruiting, distributors often promise their prospects massive amounts of spillover. Statements such as 'I will build your downline' are common in opportunities using the matrix plan.

These kind of promises often create what is probably the major disadvantage of the forced matrix plan, namely, that people will sign up having the false believe that all they need to do is sign up and their downlines will be build.

If you promise your prospects that you or someone else will build their downline, you might be setting up yourself for major problems down the line.

The myth behind spillover is that you will benefit from upline activity, and that your downline will also benefit from upline activity.

Many distributors use this idea as a recruiting tool. The problem is that if someone joins your organisation because you or your upline is there to do the recruiting, you may end up with an inactive downline.

The potential to have more than one sponsor

Your sponsor is the person who introduced you to the network marketing opportunity or the person in whose downline you fall directly.

Because of spill over, you will not necessarily be in the direct downline of the person who introduced you. You may be placed in a direct downline of another distributor.

The benefit of having two sponsors is that, if both sponsors are active and excellent trainers, you may gain a lot from their experience.

There are two misconceptions about the matrix plan

1. Downlines grow faster


The reason behind this is that since you are forced to have only a limited number of distributors on your first level, those distributors you recruit beyond the given number will be placed in your second level until it is also filled. In addition you will receive new distributors from upline. This way your downline grows quicker.


This misconception breeds the second, which is...



2. Distributors will remain motivated


People are not necessarily motivated by freebies, i.e. spill over distributors in the case of forced matrix plans. The opposite may actually happen. Some people will join your organisation expecting to have their downlines built by others.

Promises such as "Join my team and I will build your downline" are common in practice. Promises like that can be a recipe for disaster.

Whether the forced matrix is for you or not is for you to determine. Do note that like other networking marketing compensation plans, the forced matrix will not necessarily work well in all situations.

Follow this link for a discussion related to the forced matrix plan.

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Compensation plans in network marketing / MLM

Compensation plans in network marketing / MLM vary from one company to the next. They are at best difficult to understand for both you and the person introducing them to you.

It is up to you to ask questions when evaluating any company’s pay plan. Some are front end loaded or they maybe back end loaded.

There are some plans out there that payout more
then 100% fortunately these companies don’t last long but
do end up hurting individuals and give the network marketing industry
as a whole a bad name.

 As a general rule of thumb anytime
you see a payout of more then 60% be suspect. It generally indicates
that:

• The products are grossly overpriced, unless it is a unique
  product or a exclusive patented product.
• Qualification/Quotas most well established companies will
  have some volume or monthly quota that each individual representative
  must maintain.
• Breakage/Break away several of the most popular programs
  out there use this one. Imagine after all your hard work you
  miss your quota for the month only to have all your hard work
  building an organization disappear.

Most compensation plans fall into binary, breakaway,
matrix, stair-step or uni-level plan but there are other plans out
there as well.

Network Marketing Binary Plan:

First level is limited to two with infinite depth.

Network Marketing Breakaway Plan:

Unlimited first level width, usually with a finite depth 10 to ?
levels deep.

Network Marketing Matrix Plan:

First level width 2 to 7 usually 5 to 50 levels deep.

Network Marketing Unilevel Plan:

Unlimited first-level width with a depth of usually 5 to 10 levels.

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What is Affiliate Marketing ?

Affiliate marketing is internet advertising that allows any online business to affiliate themselves with web site owners (known as affiliates or publishers) using affiliate programs. Affiliates make money by generating sales, leads and traffic for the Merchants business. Merchants who sell goods and services online or seek other affiliate business activity typically use one of the affiliate program commission payment models below:

Cost Per Sale (CPA)
A visitor referred by the Affiliate purchases goods and services from the Merchant. This payment structure is referred to as - cost per sale or cost per acquisition (CPA).
Cost Per Lead (CPL)
A visitor referred by the Affiliate completes a form on the Merchants web site. This payment structure is referred to as - cost per lead (CPL). 
Cost Per Click (CPC)
A visitor to the Affiliates web site clicks on a Merchant's banner and visits the Merchant's web site. This payment structure is referred to as - cost per click (CPC).

Attraction Marketing Techniques

MLM attraction marketing is a web phenomenon that has enjoyed a big rise in popularity over the last several years.

Before this time, online marketing had followed a pattern that was relatively predictable, with all marketers chasing after buyers and making an attempt to get them to subscribe to the services that they were promoting or to get the products that they were selling on their business websites.

Because these marketing pros were all fundamentally competing for the awareness of the same people, the method could regularly be discouraging and was seldom very moneymaking.

MLM attraction marketing has changed the dynamics of the industry in only a few short years.

Rather than teaching your team to “prospect” everyone who can fog a mirror and pass them immediately to a company business proposition show, attraction marketing is more about:

• branding you as the leader people are trying to find
• and leading with your expertise as a non-paid consultant first.
• You are selling YOU and the advantages of working with YOU.

So how do you get started in the magic marketing method we call mlm attraction marketing?

It’s straightforward really.

• Simply stop selling and start leading with price.
• Come from the position of needing to help folks get desire they need above all -answers to their questions,
• a little bit of tech support, or maybe straightforward words of encouragement.
• Create a relationship.
• Care enough to care and make it know that you really do care whether or not you never do business together.

As an example, instead of right away sharing what your prospect can do for you

( purchase your products or join your opportunity ),

• turn the table and ask what you can do for them.
• How can you bring worth into their lives now?
• Without recourse. Without expecting anything in turn?

Naturally you can do this in your personal life, but in your normal life you get to forge relationships with a restricted number of folks.

What’s the Difference

The difference with MLM attraction marketing is that you are enabled to build relations with big numbers of folks,
mostly through the usage of email autoresponders.

• Using the auto-responders you can send your subscribers content which will really add extra value to their lives.
• The private relationships you are forging with them will help them to trust you, so that when you offer them your products they will want to get them.
• Eventually their trust in you will in numerous cases lead them to join your primary business.

But how do you get the products, and the valuable content to send to your subscribers?

To help you, there are a number of Attraction Marketing systems available,
which can set you on the right path.
These systems provide not only the content to send to your subscribers,
but also a good supply of associate products, which both meet your subscribers’ wants and generate earnings for you.

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attraction marketing strategy

SHARE IT. IF YOU LIKED IT .

Using the correct attraction marketing strategy can make you very successful in the MLM business. Today, with the advancement of technology in this business, the old methods of doing MLM business will not help your network grow. Utilizing attraction marketing will help you make your business a successful one.

Although MLM business is done in the same manner, the trick to a successful one is when your network grows. Growing your business network will help you make your products and their features more popular and in turn help you earn a lot of money. The success to any business is not about doing different thing but doing things differently. If you really want to see your business grow, then ensure that you follow a strategy that is not conventional.

Attraction marketing has proven to be better than your traditional marketing strategies at expanding your network. You can now target your products to a larger spectrum and help your MLM business grow.

Listed below are a few methods to help your MLM business be successful:

1) With no person willing to spend money on any product without knowing details on it, and companies dealing in these products looking to sell these before they have any person join the network, it is important to think smartly and differently for a successful MLM business. Attraction marketing will assist you in building your network.

2) Any MLM strategy involves selling of products and attraction marketing is the answer to people reluctant to join this program. With surveys suggesting that a whopping 94-97% people not keen on joining any marketing program since it involves buying products, attraction marketing will help you convert lots of these leads into prospects who eventually will work for you.

3) Another advantage of using attraction marketing is that you can firstly generate lots of leads and finally convert them to be people who join your network and help you expand your network even further. Sourcing leads is never easy for any network based business and this is the first step to work on. The right attraction marketing strategy along with your generated leads will help your business grow leaps and bounds.

4) Implementing the first three steps is important for your business to make any headway. This along with the correct attraction marketing plan will help you become a successful businessman in the network marketing sector.

Marketing experts claim that they have the right strategies to fill up any flaws existing in attraction marketing. Although there are several methods to attraction marketing, any businessman will have to implement the right one to suit his business which in turn will help him see his business grow. The beauty of MLM business is that this can be done from home unlike any other marketing strategy which makes people cash in on this.

Following the perfect attraction marketing strategy will help you capture the market and make your network grow. This is unlike the traditional method of MLM marketing and you can begin making money in any form of business.

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What Makes Attraction Marketing Work?

Attraction marketing is a phrase that is thrown around way too much to the point of it becoming cliche. Cliche is defined as trite, obvious, overused, and lacking originality and freshness.

Despite all this, it’s a powerful concept at work for many top marketers. You can use this principle to generate more leads, more traffic, and more sales. Today I want to explain a psychological principle to help you understand his attraction marketing works. The principle at hand is ‘reciprocation’. Have you heard of this term?

Robert Cialdini in his best seller, “The Psychology of Influence”, dedicated 19 pages to this principle. I will be using some of the examples and stories that he shares to bring this all together. The premise behind this idea is that we try to repay others for the things that they do for us. Let’s use a couple of examples to illustrate this point.

Example #1 – Hare Krishna Society

This group is characterized by shaved heads, robes, beads, bells, and leg wrappings. The American public didn’t really favor this organization, let alone donate to their cause. The leadership of the HKS took the reciprocation principle and created a strategy for scooping more donations.

What did they do?

They would go to public places where there’d be lots of people, like airports. Rather than just straight up asking for donations, they would give a person a gift (usually one of their scriptural texts or a flower). People would usually refuse the gift, but the Krishnas would respond by saying something like, “No, this is our gift to you”. At this very moment, they would ask for a donation.

What was the result of this ‘benefactor before beggar’ strategy? They obtained significant funds to fund the growth of businesses, houses, property, and the construction of temples.

Example #2 – eBook/email list

Building an email list works on this very same idea. Nobody will give you their email address if they aren’t getting anything in return. The same applies if you’re running a solo ad promotion. You build your email list by giving a prospective list member a free giveaway of some sort.

What does John Chow giveaway? He gives away his free eBook entitled, “The Ultimate Blog Profit Model”. Have you read it yet? It’s full of all the tricks he uses to monetize his blog.

Example #3 – Couples date

A while ago, my wife and I were invited to a games night with another couple that we really didn’t like. We decided to go anyways to be nice. Surprisingly, we had fun. What do you think happened the following month? We invited them over to a games night at our apartment. The law of reciprocation came into play even though we didn’t really like them. We had to return the favor.

Example #4 – Gift card

My wife experienced this principle twice recently. She was invited to the bridal shower of someone she didn’t like and didn’t go. When it came time for my wife to have her bridal shower, she invited the girl to come. She not only came, but also brought a gift. My wife felt bad so she went out of her way to send her a thank you card that included a gift card.

Conclusion

The law of reciprocation is evident when you’re looking for it. It seems to be hardwired into our being. You can use this law to attract more traffic, leads and sales for your business. This very law is what makes attraction marketing work. You attract when you offer value and give someone a ‘gift’ of some sort.

Have you witnessed the law of reciprocation in your business and personal life?

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Attraction Marketing

Attraction Marketing and the Internet

The Internet is one of the greatest innovations to mankind. It not only serves as a gateway to connect people all over the world but has also proven its usefulness in businesses. With the Internet, attraction marketing has turned into an extremely powerful marketing tool.

Online attraction marketing includes 3 parts: prospects find your website, they enter their name and email on your lead capture page, and you include them into your email list, continuously providing them value of your offer. It is during the third part of online attraction marketing that they decide whether they want to join your business or not, which eliminates those who aren’t really interested with what you have to offer.

What’s great about online attraction marketing is that your prospects give you permission to send them emails and information. Once they have entered their name and email address on your lead capture page, they are aware that they will be receiving information from you, lessening instances of people wanting to unsubscribe from your mailing list.

Online attraction marketing indeed provides the same or much better results than radio, television or print advertisement, plus you have access to the entire world, making your business’ potential to grow overseas possible.

Attraction Marketing Success Formula

Since Mike Dillard coined the term “attraction marketing”, many marketers came up with their interpretation of it, discussing the original principles and even updating these according to the present conditions of Internet Marketing and network marketing. Here, I’d like to discuss the attraction marketing success formula.

1) Become a person of value

Showing people that you are a valuable resource person will automatically attract them to join you. People like to follow a leader who has proven his worth in his niche and who has gained results for himself, which are the same results that he promises others to have. This goes to say that you must continuously seek for knowledge and skills that will further increase your value as an Internet and network marketer.

Personally, I still purchase personality development audios and books and attend to team calls and even live trainings so I can acquire updated information and improve my people skills. This way, I believe that I am able to draw people toward me, making them want to know more about how I can help them succeed. Remember, once people see the value of your offer, including your credibility and authority in your niche, it will be much easier for them to make a decision to join you. Some of the skills that you can master are copywriting, SEO, social media marketing, leadership, blogging, and more.

2) Identify what people need

This second principle is very important. Your ability to identify what people need will deepen the communication and will let you understand how you can provide assistance to them through your business. Often, even when you want to help others achieve success, what makes it difficult to connect with them is that you don’t have the slightest idea of what they need, thus increasing your chances of being rejected even if you haven’t discussed anything about your business yet.

A common mistake that most Internet and network marketers commit is that they dive right in to discussing their offer without initiating a good pep talk to establish rapport with their prospects. This is the reason why they miss out on identifying what their prospects need. Now, the key to opening possibilities of them joining you is to emotionally connect with your prospects. People make decision based on emotions so it is crucial that you tap their feelings. Ask them several questions – What are they struggling with? What are their financial and career goals? What results do they want? This way, you obtain answers, which you can use to lay-out a tailor-made plan to help them get what they want, leading to the next step.

3) Provide solutions

The next principle of attraction marketing is of course, to provide solutions to their needs. It is your best interest to provide specific solutions to the problems you have identified. If your business has products that your prospects may need, you can offer it to them. For long-term goals and financial prosperity, the best thing that you can offer is your expertise. Share valuable content to your prospects through your blog or your newsletters. You may also want to invite them to join your FREE webinar or avail your FREE eBook about lead generation, attraction marketing, or home based business.

4) Prove that you really can provide solutions to their problems

Being in the Internet and network marketing field entitles you of people’s skepticism about everything you say. Of course, everyone wants results and chances are not all of them will believe you right away. As you go along offering your assistance for them to achieve their financial goals, you’ll encounter more and more questions. Some of them may even doubt you and your ability to help them when results aren’t on the horizon right away. These are just some of the things that you have to face.

How then can you make them believe you? The answer is fairly simple – you have to build trust with your prospects. This won’t be a hard task to do especially if you have proven your worth in the Internet and network marketing field. I recommend that you post testimonials of your team members on your blog, talking a bit about how you were able to help them. You may even want to share your income proof so they know that you really have made money out of your business. A lot of times, it is easier for people to trust you when they see proofs of your achievement so sharing details about it without appearing boastful of your accomplishments is something that you must do.

5) Give them an offer they can’t refuse and start making money!

Now, I’m sure this last principle of attraction marketing gets you excited. After you have invested in creating relationships with your prospects and knowing that they now trust you, this is the best time to get into business. Of course, you won’t be offering freebies all the time. They have to start purchasing your offer/s, but how? The key to having your prospects spend money on your business is to offer them something they can’t refuse. Most of the time, people are scared to purchase something because of the huge risk involved.

No one wants to put their money to waste and this often hinders someone from buying something even if s/he thinks it will be beneficial for him/her. Now, what you have to do is to eliminate risk. Offer a 30-60 day money back guarantee if they aren’t satisfied with the results after purchasing your offer. This will make your prospects buy your offer right away since there is no risk involved at all. That’s what attraction marketing does – make everything IRRESISTIBLE!

Attraction Marketing and Your Blog

Your blog plays a vital role in attraction marketing. It is the single best venue to capture targeted leads. It is therefore important that you make the most out of your blog. Placing your lead capture page on the upper right side of your blog will make it more visible to visitors who are interested to do business with you.

Also, you must be very careful with the content you put on your blog. Make sure that every post provides value and service to your readers. This will encourage them even more to connect with you and get to know more about your business. Your blog is the best representation of you and your brand so you should always share the most relevant information that your visitors would be interested in.

Attraction Marketing and Personal Branding

A well-defined brand attracts people to join a business. So, as an Internet and network marketer, it is your task to take care of your brand’s reputation. Your personal brand is a valuable element of attraction marketing. Your brand makes people interested to find out more about your business. Successful branding uses a singular company image or logo that is easily recognized and remembered by prospects.

While it takes time and effort to build your brand online, investing in it will give you endless rewards later on. People seek to partner with an established brand rather than bet all their cards to an unknown brand, which just like them, is still struggling to make a name in the Internet and network marketing industry. Branding therefore shortens the lead generation process as it attracts prospects faster through word of mouth and referrals.

Here are some tips for successful branding

• Have an elegant and professional website.
• Be your brand. Your personality is what makes your brand unique so always be yourself and you’ll draw people to you.
• Be consistent in your Internet and network marketing efforts. Send emails regularly, post blog entries daily, and create high-quality videos for your audience.
• Be both optimistic and realistic. This creates balance between your promises of financial wealth and the many hurdles that a budding entrepreneur may face with his venture.
• Continue to build a network that will help you spread the word about your brand and your business.

Attraction Marketing and Network Marketing

If you are a network marketer and you are not using the Internet, then you are missing out on attraction marketing big time. Attraction marketing eliminates the once famous offline marketing effort of person-to-person advertising as well as cold calling. If you have a website offering a free eBook on a home based business opportunity, then it would be easier for you to have people leaving their name and email address on your lead capture page, and there you have it – a list of permission-based leads, inquiring about how you do it and how they can be successful too!

By doing this simple attraction marketing formula, you spare yourself of having to talk to unqualified leads who’ll only turn you down or waste your time by giving you the runabout. This makes attraction marketing and network marketing almost inseparable.

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5 Personal Branding Tips for Attraction Marketing Strategies

Attraction marketing is a set of strategies used by entrepreneurs providing self-employment business opportunities, such as web- or home-based sales, to other entrepreneurs. Branding is the art and science of creating a recognized and singular image for a company or group of products. Personal branding is a crucial element of attraction marketing, giving potential clients a reason to seek out more information about business opportunities. Rather than actively soliciting new entrepreneurs for a business opportunity, attraction marketing strategies seek to attract potential client/owners to seek out a well-defined brand.

Be Clean Cut

Being clean-cut at all times applies to your personal appearance as well as the appearance of your web properties and marketing materials. If you are trying to attract entrepreneurial individuals to sign up for a home-based knife-sales program, for example, you are likely to make a deeper impression if you are dressed like a successful professional than if you dress like an average Joe. Similarly, a polished and elegant website can exude an image of success, luring potential clients to dig deeper into your marketing messages than they would with a cluttered and clumsy design.

Represent Your Brand

Craft your brand around your personal style as much as possible. Make marketing decisions consistent with your brand, even if your brand doesn't completely mesh with your personal style. For example, if you are most comfortable in jeans and T-shirts but you are marketing an opportunity to sell life insurance, wear a suit and tie to each meeting for maximum impact. As another example, if you prefer web advertisements to look more professional, but you are marketing a more youth-based business opportunity, make your advertisements more colorful and exciting.

Related Reading: The Significance of Branding as a Marketing Strategy on Consumer Behavior

Be Consistent

Be consistent in your messaging and presentation at every turn. Advertisements, marketing materials, video presentations and testimonials should all mesh with a single image, sending a single message. Do not allow a well-designed advertisement to lead to a poor-quality recruiting video, for example.

Be Positive and Practical

Find a good balance between positivity and practicality. If your website is stocked with positive promises of exponentially growing wealth, visitors are likely to become skeptical of the reliability of your claims. If there is no positive hype in your marketing presentations, on the other hand, people may not catch the enthusiasm needed to take an entrepreneurial risk. The same goes for presentations made in person. Exude positivity in your presentation and messaging, but temper your positivity with real-world insight into the challenges and hurdles that come with the opportunity. Being real and down-to-earth can do much to build trust with your prospects, who have likely seen a number of scams before finding your opportunity.

Build a Network

Building a network of successful clients who will spread the word about your business opportunity on their own can contribute to meeting goals of attraction marketing. A network of brand champions can do much to enhance a brand image, the same way a group of unsatisfied ex-customers can tarnish it. Offer referral incentives encourage your most successful entrepreneurs to bring their friends and family onboard, for example.

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5 Network Marketing Tips For Struggling Beginners

Tip 1:  YOU are responsible for the success or failure of your new business!

This is a big one (maybe the biggest), because the overwhelming majority of new and experienced network marketers blame everyone but themselves for things that go wrong. But in reality, everything that happens to you, in business and in your personal life is a result of your decisions in some way. You, and you alone are responsible for your business. The buck stops with you!

Tip 2:  Be patient!

Rome wasn’t built in a day. In fact, most brick and mortar businesses consider it a huge success if they can turn a profit after a couple of years. So, what makes you think that the money will start rolling in after a few days, or even months?  Building a business takes time, effort, and lots of patience.

Be prepared!  When things don’t click right out of the gate, remind yourself that success is a process.  Every step you take leads you closer to your goal.  Everything you learn makes you more and more valuable to others, who will ultimately see you a the leader that can help them in their quest for freedom.

But until then, relax, persevere and be patient!

Tip 3:  Educate yourself!

I tell all of my new consultants that they should focus on educating themselves for the first couple of months after starting a new business. This can be difficult for many people to hear, because they want to make money, and now! It usually doesn’t work that way.

The only way that you will make big money in network marketing (or any business) is if you over-deliver value to your customers.

How do you provide value?  By educating yourself!

See the link?

Tip 4:  Make efficient use of your time

If you are continuing to work while starting your business, you will need to become a time management expert. Your new business is like a newborn – it requires nurturing, attention, caring… and time.

Be sure to carve out some time every day to work on your business. Turn your car into a rolling classroom by listening to CDs or tapes while you’re driving. Buy yourself a good mp3 player and plug into some great educational material while you’re at lunch or cleaning the house.

Every second you spend on your business will help it grow that much faster.

Tip 5:  Expect to get out of your comfort zone

If this is your first attempt at starting a business, than it’s very likely that you’ll be expanding your horizons. You’ll be learning new and different ways of expressing yourself. You will need to connect with people.

No one ever made it big in network marketing by hiding behind their computer screen. You may very well feel uncomfortable trying new things that you may or may not be good at.

It’s okay – it means you are growing, and it’s a good thing.

Embrace the feeling and move forward.

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Tips for Generating Online Network Marketing Leads

If you truly want to achieve great success, you need to understand how to generate quality online network marketing leads. MLM isn’t only about finding customers, it’s about understanding how to find them. Where are your ideal customers on the web? When you know where to find them, you can better determine how to target them.

For most, this is an intimidating topic, especially for those who aren’t all that computer savvy. However, generating online network marketing leads doesn’t have to be confusing or as difficult as you are imaging. If you are like many others, you are accepting defeat in this area before you have even tried.

Who Is the Ideal Customer?

Not everyone on the web is considered your ideal customer. Have you ever noticed how there’s always beer commercials during football games and toy commercials during cartoons? This is because marketers know how to correctly target the appropriate audience by striking at the right time.

The first step in using online network marketing leads is to determine who your ideal prospect is. Are they stay-at-home moms who need extra money? Are they white-collard workers who want to fire their bosses or are they hard-working laborers who would love to have financial freedom without hours of physical labor every day?

The only way to effectively generate online network marketing leads is to target a specific audience. If you try to target everyone, it’s nearly impossible to earn trust.

Online Location

Are your target avatars on Facebook or Twitter all day? Can they be found debating political or religious topics in writing forums? Are they injured soldiers in chat rooms, looking for home-based work because they’re now disabled or waiting for their wounds to heal? Are they gamers who spend hours online because they have nothing else to do and hate the thought of punching a time clock?

All Signs Point Back to You

One thing you will learn when it comes to online network marketing leads is that it is easier to invite or simply be in the right place than it is to recruit. You want to plant signs that all point back to you so your avatars think they found you themselves. They have sought you out so they feel they must be in control when in all actuality, you left a trail of breadcrumbs for them to follow to get to you. Quite honestly, you practically gave them a good shove and held their hand but they’ll never know. They think they were brilliant and resourceful enough to stumble onto such valuable information and they want in!

Your signs need to be positioned where your target prospects are lurking online. If you don’t take the time to figure this information out, you will never generate any online network marketing leads.

Executing Your Strategy

A mentor may cost you money up front but it will save and make you money in the future. Some people invest a significant amount of money, trying to find online leads, but because they are doing it wrong, they are really just throwing that money away.

A mentor will help you recruit leads that will ultimately end up making you money. That is how you become successful at network marketing.

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