Wednesday, December 24, 2008
Exposing MLM Scams
Because the potential is so huge, there are many abusers of this system. Many scams are created out of the MLM / Network Marketing Platform. Thus you need to be very careful when choosing a company to join, not to fall prey into one of those scams around.
Here are some guidelines about choosing a Network Marketing / MLM company.
Products
The foundation of all Network Marketing / MLM company is having good products and/or services. Having good products will ensure repeat sales from customers, thus long term sustainable income.
Without clear product and service lines, the company may be operating on a quich money earning scheme. These are scams. In the long run, you will not be able to sustain your income and company may close due to the reduction of new incomers.
Compensation Plans
Different company adopt different compensation plans based on the culture and beliefs of the company. But there is one common factor you need to compare when assessing the health of the company. That is the maximum payout on each sale.
Typically, the Maximum commission paid out to all the different levers should be around 50-60%. Anything above 70% is good for the short term, but the company may be over paying. The company may not be able to sustain for long.
If the maximum commission is anything lower than 30%, you should start thinkin where did the rest of the money gone to.
History & Background
It is not the most important factor, but it is good to do a research on the company's background and history study. Find out what was the company doing before this. How much experience does the company have in this field? A good company should be in the business for a healthy period of time. Of course that doesn't mean that a new company is not good.
Accreditations
Check if the company is registered with the relevant Direct Selling Association (DSA) in your country. And what other accreditations the company has to its name. The more accreditations, generally, the safer the company is to do in the long run.
by http://www.mlmabsolute.com/
Tuesday, December 23, 2008
Why Network Marketing Works?
More entrepreneurs and businesses are bringing their products to the market using Networking Marketing because it is an efficient and effective sales strategy. It involves less work, less money, and less time than other new business strategy.
Network Marketing relies on the age-old tradition of relationship building to make its sales. Network Marketing has built in trust because new distributors begin their sales with people whom they already know.
Network Marketing also allows more flexibility. While Network Marketing companies have to follow the laws and ethics of good business practice, keeping their operations smaller with fewer full time employees allows them more room and more options for moving into other business areas.
An Inexpensive Approach
Network Marketing is a fantastic way to launch new products, because it requires very little start up cost. Imagine how much it costs a company to expand into a new area. It must rent office spaces, buy computers, and other office equipments. Because Network Marketing relies on personal relationships to sell products, you don’t even need high quality sales brochures.
A Practice Primed for Growth
Network Marketing is also a good way to expand business internationally. While major corporations struggle with the problems of competing on an international level, Network Marketing companies find that their only concern is finding reliable shipping organizations.
Many Products to Choose From
Another reason why Networking is so popular is because it works for many items. Products that are perfect for Network Marketing sales should have the following characteristics:
| ► | Portability |
| ► | Competition in its general category |
| ► | Truly unique features |
| ► | Sales potential to individuals, not groups |
| ► | Simplicity (should be easy to demonstrate) |
| ► | Affordability |
| ► | The Personal Touch |
In the most basic sense, most companies use some type of Network Marketing to “get the word out” about the products. We just don’t always recognize it. For example; every time a friend tells you to go to a new restaurant he tried last week, or to use a different brand of dish washer, the company is using an informal form of Network Marketing. Whether you like it or not, your personal relationship led to the sale of the product.
Some Business even relies on this method for sales. The psychology of Network Marketing is one of the biggest advantages. People feel that you are doing them a favor, not trying to coerce them into buying something. At the same time, consumer are drowned by the many products and marketing messages, they will come to rely more on salespeople who can help them sort the good from the bad. They will turn to people they can trust and turn away from products that seem to be all hype.Monday, December 22, 2008
Email Market to Explode Your Network / Online Business
In all kinds of business, you need to maintain contact with customers, whether be it product update of feedback survey or conducting promotional campaign, you need to contact your clients.
Doing MLM/ Network Marketing online lack the human touch that offline marketing have. But it is possible to make up for that flaw.
Doing MLM/ Network Marketing online, the first most important thing is collecting leads, most often through a opt-in form or squeeze page. These leads are targeted leads, which mean that they are people who are interested in your company or product.
These are your potential cash cows. You need to follow up with them, update them regularly, forming a relationship. The purpose of doing this is to increase their awareness of your company or product. Imagine, today if you keep seeing the advertisement of, say, MacDonald’s, the next time you make a decision on where to eat, you will probable be thinking of MacDonald’s. You need to get them to see your advertisements. The easiest way is to send them emails.
Email Marketing is not just sending information and updates. There are many things you need to take note when doing Email Marketing. Here are some tips on how you can maximize the results from your Email Marketing Campaign.
Email Like A Pro
When composing email-messages, you need to keep in mind some points to make your emails look more professional.
► Who is it from?
People will see who sent them the email before opening them. This makes your email address very important. To look more professional, please refrain from using free email accounts like @gmail, @yahoo or @hotmail. Use something that your customer recognizes, such as your name or company name. e.g. support @yourcompanyname.com. most hosting package gives you a number of emails account you can create under your own domain name.
► Subject
Another factor that determines if a person opens up your email is the subject line. Your subject line must attract them or create interest to know more. Generally as a rule, keep it under 50 characters.
► Message text
Quickly identify yourself and the purpose of the message. It will be better if you state who referred you to them. Restrict the use of fancy pictures, keep it business like, or make it in line with the style of your website.
Increase The Effectiveness Of Your Email
An effective email is more likely to increase traffic to your website. It also increases the returns on effort (that is for scripting the email). Here is 6 golden rules to make your email more effective;
► Brand yourself/ the company
Remember to brand yourself or the Company, whichever you are representing. Good branding will make readers remember you, or your company. Keep to the branding you choose, and use it consistently, every time you email them. Use the branding in your from line or subject line, so they can recognize you.
► Honesty
Be honest in your subject line. Don’t trick them to opening the email with misleading or false information. Be cautioned that it is a requirement to state accurate subject line.
► Create urgency to take action
Use time sensitive words or phrases to create a sense of urgency in readers. Use words like, For Limited Time Only, Buy Now, and Whilst Stock Last.
► Entice them
Give readers benefits to open the email in the subject line. E.g. Redeem you Free Gift now! You can also incorporate the urgency to open the email in your subject line.
► Don’t overdo it
In your text, avoid using too many bold, capital letters, bright colors, and punctuation (referring to ! ). For the simplest reason, it makes your text very confusing and distracting. It also triggers spiders and filter to classify it as SPAM.
► K.I.S.S
Keep It Short and Sweet. Personally I limit my emails to the main points of my purpose. Of course you should practice your own discretion as to the audience and purpose of the email.
*P.S Include a unsubscribe tab for all your email correspondence. It is a legal requirement for all email newsletter to include the unsubscribe option to reduce SPAM.
Sunday, December 21, 2008
Thursday, December 18, 2008
Article Marketing
Doing Article Marketing not only increase your exposure of your website, it also creates thousands of backlinks pointing back to your website. This may help to increase your ranks in search engines.
After that, you submit the article to article directories. There are thousands of articles directories around. If you are going to submit your article manually , you are going waste a hell lot of time.
You should use an automated article submission software that help you automatically submit your articles to at least a few hundred directories.
There are a handful of such around. But I found one that actually helps you create unique articles and posts the unique articles to the different directories.
WHY do you need unique articles?
Because if you post the same article to thousands of article directories, search engines will treat your articles as duplicate content, and will penalise you for it in terms of drop in ranks.
I personally use and will definately recommend is Unique Article Wizard.
It helps you create many unique articles from your single article to avoid being classified as duplicate content.
You can follow their step-by-step process to create unique articles. Very friendly and simple to use.
They even manually screen through your articles to post in in the most relevant categories in the directories.
For only $67 per month. This is definately a must invest if you want to increase your exposure of your website and rise in rankings in search engines!
Friday, December 5, 2008
Online MLM good money?
Online MLM (Multi-Level Marketing)
Well, MLM does have its bad reputation, but i think that its the sales people that gave MLM its Bad Reputation.
There is really alot of good points about MLM.
1) You dont need to have your own product
2) Which means you do not need to keep inventory
3) You get to earn overriding commission from the sales volume of your downline (people you introduce in)
4) Its Leveraging of Efforts!
Today if you are doing Affiliate Marketing, and you are doing well, you prob can earn good money. But once you stop working, (No Touching of Computer for 3 months), Your earnings will drop.
MLM can allow you to earn from your downlines' sales volume so you will still earn commission if you don't work.
THAT'S THE BEAUTY!
For more information of MLM marketing, you can visit www.MLMAbsolute.com
there is alot of resources about MLM, Network Marketing. Tips and Tricks, Expanding your Network, Rules & Thing you Should Never Do.
It is actually suitable for both Online and Offline Marketers.. And the price of its resources is also quite cheap. So do visit.
Saturday, November 29, 2008
Video Submission
Well Done! You guys know 90% of the traffic strategies already. Now nore in trend is Submitting a video of a brief introduction of your website to some major video sharing sites like; youTube, GoogleVideo, Flickr, etc..
Its really easy. With the previous Posting about converting powerpoint file into a video file, you can use power point to create video now.
No Need Video Editing Skils anymore!!!
Best of all, its all free!!! Check out the free converting tools here!
Its effective. and easy.
Always remember to put your address in the video so people can visit your website.
Happy creating your video now!!!