Technically, MLM & Network marketing are the same thing. MLM is a type of business structure, while network marketing is the manner in which the type of business is conducted. There is actually more of a difference and distintion in MLM/Network Marketing & Direct Selling/Sales.
There are two basic markets in the MLM/Network marketing world:
1 - Warm Market
2 - Cold market
There are three basic ways to enage each of these:
1 - High Touch
2 - Low Touch
3 - Tech Touch
All three should be eomplyed, however when one runs out of warm market, the most accepted method of attracting new potential business partners is through the internet, as the possibility of reaching more people in that forum far outweighs hanging out in public places trying to meet someone. Obtaining referrals is also a great way to reach out and acquire new prospects.
There is far more to the process of getting someone into your business and enrolling them into a systematic approach to acheive success in the effort. Like traditional business, there will be many who fail as compared to the few who succeed. In the end, it is a function of how much are you willing to go through to reap the reward of committment ot the goal. Are you a quitter, or are you one who is willing to do what it takes to succeed?
The question was coined as how to attract more people once warm market has expired. FB is a great way to niche advertise - they offer ability to implement focused market advertising. Forums and online classifieds are also choice venues. The internet is a vast expanse of opportunity.
A castle is built upon solid foundations with many materials, tools and support. Use them all in the process, but use them wisely as to what works for you. Not any single method is the modality to provide success for everyone, otherwise there would be only one way. It's a matter of following in the footstpes of succes, while also venturing through new areas to discover principles that bear fruit in the right nurting environment. This business is a journey and not a finality - it is always evolving, as is the way in which the business is conducted.
Originally posted by Plutoclub317:Technically, MLM & Network marketing are the same thing. MLM is a type of business structure, while network marketing is the manner in which the type of business is conducted. There is actually more of a difference and distintion in MLM/Network Marketing & Direct Selling/Sales.
There are two basic markets in the MLM/Network marketing world:
1 - Warm Market
2 - Cold market
There are three basic ways to enage each of these:
1 - High Touch
2 - Low Touch
3 - Tech Touch
All three should be eomplyed, however when one runs out of warm market, the most accepted method of attracting new potential business partners is through the internet, as the possibility of reaching more people in that forum far outweighs hanging out in public places trying to meet someone. Obtaining referrals is also a great way to reach out and acquire new prospects.
There is far more to the process of getting someone into your business and enrolling them into a systematic approach to acheive success in the effort. Like traditional business, there will be many who fail as compared to the few who succeed. In the end, it is a function of how much are you willing to go through to reap the reward of committment ot the goal. Are you a quitter, or are you one who is willing to do what it takes to succeed?
The question was coined as how to attract more people once warm market has expired. FB is a great way to niche advertise - they offer ability to implement focused market advertising. Forums and online classifieds are also choice venues. The internet is a vast expanse of opportunity.
A castle is built upon solid foundations with many materials, tools and support. Use them all in the process, but use them wisely as to what works for you. Not any single method is the modality to provide success for everyone, otherwise there would be only one way. It's a matter of following in the footstpes of succes, while also venturing through new areas to discover principles that bear fruit in the right nurting environment. This business is a journey and not a finality - it is always evolving, as is the way in which the business is conducted.
Dear Plutoclub317
Could you kindly follow the rules, guidelines & allow this thread to serve it's core purpose to allow users to Post Their Questions first instead of giving answers when it is not needed.
If you want to post your views, please OPEN A NEW THREAD UNDER YOUR NAME and voice your views there. >> In this thread where I monitor, I only entertain Facts and Nothing else.
Nevertheless, i'll still need to point out a list of corrections.
1. Network Marketing & MLM are 2 completely separate terms. >> If you disagree, unless you are RICHER than Donald Trump or Robert Kiyosaki, than I will salute you and believe your words. Else read their jointly published book on "Why We Want You To Be Rich"
In that book, chapter 17 which is the last chapter if i didn't remember wrongly, they NEVER ONCE mentioned anything about MLM is Network Marketing.
2. Don't try to act like you know the industry.
You missed out the Luke-warm market to begin with. Brush up on the theory first and focus on the basic theory, instead of trying to adopt the Amercian ways of learning the Advanced skills of martial arts but were never able to beat the Shaolin Monks/Bruce Lee in a fair fight (drug-free).
Focus on the Basics, even the Japanese Drift King (Car tutorial video) says focus on the basics. It's the video on how to modify 86 (comes with English Subtitles) >> Just giving you examples of real-life just so you can FACE THE REALITY/TRUTH.
3. Cold + Luke-warm + Warm markets are the generalized terms used by ALL Sales Professionals regardless of Insurance, Property, Network Marketing, Investment related products. | Even if you are doing simply PURE Offline Traditional Business, you also need to know the above 3 markets.
Please at least understand the different industries and how they operate first if not make friends with people from these industries if you like to contribute Top-Quality posts (advices/ educating replies) to share with the public.
4. Clarification on the engagement touch points..don't try to come up/invent your own terms..
The industry terms of engagement touch points/methods/strategies used that share the same meaning are as follows:
4.1: Social Media - Where it is through the use of Trust element via friends who knows each other to recommend products and services to each other and their 2nd/3rd tier friends if not common friends.
4.2: Traditional Advertising & Marketing/Branding: It is where repetition of consistent commercials to bring across a message and imprint the want into a need in the minds of clients to make them purchase the products/services.
4.3: Digital/Internet Marketing: Through the use of technology to spread the word via riding on trends, followers, trusts and communities inclusive of targeting specific group of audiences looking for the specific products/services.
Word of Advice To Pluto
I don't mind if you like to help out to share your knowledge, BUT please share only positive ones, I didn't edit/quickly re-post in my 1st thread doesn't mean I will not do it in this 2nd thread.
If you like to share your thoughts, please ensure you share only quality insights, which I feel from my personal point of view, you are still too much of a MLM addict and not a Netural Distributor, despite me replying to your posts over the last few months if not year(s) already by now.
If you want your views to be heard and accepted - Start Your Own Thread Please.
DO NOT Attempt To Hi-Jack My Thread by Mis-Leading the readers. Thank You =)
Fallen - You are quick to cut the views of others. You site little of your own authority. It's easy to buy your way in when you have resources (Trump/Kiyosaki). As for terms - they are definitely not the same plain language, but refer to parallel principles of business. I am not going to belabor the issue. Suffice to say my points were not negatuive in the least sense. I praise you for bein the undisputed authority on MLM and network marketing in this forum. You shine with your wisdom. Just FYI . . . luke warm is only a transition phase. I repsonded in general - thank you for taking my contribution of the macro view to the micro application (4.1-3). And, by the way, the terms high, low and tech touch have been around for quite some time. Where have you been? Nonetheless, I have not violated any rules or guidelines of the SGFORUM. If I have, please site such specifics as they apply, as I am unaware. Lastly, I've not hijacked YOUR thread. This is an open forum in which any member can participate. If you feel you need to control your desitiny and the posts that live in a public forum, start your own WEBISITE.
NOTE - UNEDITED
Originally posted by Plutoclub317:Fallen - You are quick to cut the views of others. You site little of your own authority. It's easy to buy your way in when you have resources (Trump/Kiyosaki). As for terms - they are definitely not the same plain language, but refer to parallel principles of business. I am not going to belabor the issue. Suffice to say my points were not negatuive in the least sense. I praise you for bein the undisputed authority on MLM and network marketing in this forum. You shine with your wisdom. Just FYI . . . luke warm is only a transition phase. I repsonded in general - thank you for taking my contribution of the macro view to the micro application (4.1-3). And, by the way, theterms high, low and tech touch have been around for quite some time. Where have you been? Nonetheless, I have not violated any rules or guidelines of the SGFORUM. If I have, please site such specifics as they apply, as I am unaware. Lastly, I've not hijacked YOUR thread. This is an open forum in which any member can participate. If you feel you need to control your desitiny and the posts that live in a public forum, start your own WEBISITE.
NOTE - UNEDITED
If those terms have being around for some time, kindly provide some links/resources so as to share the knowledge with the rest of us who are keen to learn more.
As long as it's from a trustworthy source.
While this thread is indeed under public-domain, kindly allow the thread to serve it's core purpose. "Ask Your MLM Questions Here".
What it means is that - If there's a question, any helpful, valid replies backed up by Facts if not are based on industry standard practices, please elaborate on those to educate and share the wisdom that you have with everyone of us.
Without a question, no answer is required, as such no thread reply/post is needed.
Like in the other thread that I didn't reply back, it's due to it being a benefit to the rest, and it doesn't contain any mis-leading information, thus I let it remain as the last post.
Correction reply will be made if I feel that the reply is not helping the thread to serve it's main duty of providing netural replies to any questions posted.
"Hijacking" word is used simply because
1. Nobody ask any question, yet you post your own post of information that is uncalled for.
2. History has shown that hijacking of panes happens because the criminals wanted to get something done thus they hijack the plane, not allowing the plane to serve it's purpose as a transportation vehicle. Instead using the vehicle to hold the passengers captive.
3. It is the intent that counts here. Your intention of posting (replies of your personal opinion) is not in line with the intent which I created this thread to be.
>> Majority of the forum users do understand this fact at the very least.
The intent of this thread, once again is to help the public answer their questions with replies backed up by trustworthy source/reference, if not based on best industry practices that remains netural and helps the answers any questions being asked upon.
If you like to share information and your valuable experience, do so at least in a new thread, where you can have that intention made known in the Thread Title, so everybody can reply back to your thread.
This thread is simply used to help new individuals to answer their questions.
I do value any input as long as it's value and beneficial to the public.
That said, I do welcome any questions that's related to network marketing industry.
Moving forward, kindly avoid mentioning any company or their brand to maintain the neutral tonality of this thread.
Hi Fallen.
I recently joined a MLM Company not too long ago. I invested 2k (a Large sum from my savings) into this business. At times I get really negative about this business and sometimes really motivated to do it.
As new Distributors, we were taught to form a team first. Sometimes I dont feel comfortable to prospect my friends to join. I do not have sufficient knowledge in this business and whether it could be done yet I am asking them to join me for a sum of 2k? I just felt that I am just dragging my friends down with me.
Additionally, I really hope to learn and actually be finacially independent. What should i do?
Really confused.
Originally posted by Andrecc:Hi Fallen.
I recently joined a MLM Company not too long ago. I invested 2k (a Large sum from my savings) into this business. At times I get really negative about this business and sometimes really motivated to do it.
As new Distributors, we were taught to form a team first. Sometimes I dont feel comfortable to prospect my friends to join. I do not have sufficient knowledge in this business and whether it could be done yet I am asking them to join me for a sum of 2k? I just felt that I am just dragging my friends down with me.
Additionally, I really hope to learn and actually be finacially independent. What should i do?
Really confused.
When you mention "not long ago", I suppose your 5 working days / 7 days refund period has already passed right?
If yes, than try to learn as much as you can from them (milk them dry to fully make your $2K worth)..get them to teach you anything and everything.
If you feel negative, congrats, it's your own concious telling you that you're uncomfortable doing this "type" of business/industry = You're not cut out for this network marketing industry. Period.
As New Distributors, the 1st step is ALWAYS (without fail regardless of what company) to find out and know what products you are first buying in (as a customer/distributor.
2nd step is to find out how these product or range of products help & benefit you.
3rd step is to find out other like-minded individuals like you with similar product (not sales/recruiting) experiences who's happy with the products (don't necessarily need to be the identical product). >> They can be your up/down/sidelines as long as you and your team are in the same network (umbrella)
4th step is to get results as a happy customer first (so you convince yourself mentally, physically and emotionally) that it works for you, than only start sharing* with other people
Share = briefly touch on the topic with people whom you know, and keep the topic light, let them know you're a user/customer of this product (not a distributor**) so if they/their friends needs more information they can get back to you for more details.
This step = Fishing/Throw Baits out >> If fish (prospect) bite, you need to gradually learn how to reel them in without allowing them to let go. [On-Job-Training Experience and Knowledge with guidance from your uplines]
5th step is then to teach them (the new customers - paid individuals) how to correctly consume these products.
Make sure they are not healthy so the products works with results, else you sell to a healthy individual, they see no results, you get no repeat sales.
If you are unlucky, the health customer will complain because there's no "results" as a healthy person can't get any more healthier than he/she is already.
6th step is to follow up with your customers to get them to share their concerns and issues with you as a customer/consumer (not distributor).
This way you will gradually be equipped with more FAQs for trouble-shooting of technical and product specific questions like a walking company products dictionary.
Of course help only them who help you or in your own network only for FRIENDLY Competition.
7th step is to duplicate and repeat step 1 to step 6.
PS: The above steps are necessary for you to build a Recurring Income Based on Product Sales which will take at least a few months before you start seeing some money (after you found the suitable products you can see results on yourself)
I will not teach/share with you the steps on Recruitment (Bulk Sales) yet since you can't pass your own hurdle.
If your direct upline(s) are not teaching you the correct methods to succeed in the company, you can try to jump ranks and ask your your uplines X 5 levels above for the real training.
How I learn is I always stick the my highest upline(s) for the really basic of the basic sales training..
You need to show face and show commitment before they (highest uplines) will allow you to directly contact them if you show potential of becoming the next leader, else you're on your own which leads to how to spot opportunities in network marketing industry..but that's another topic for another day..
I hope I've answered your question. If still in doubt, feel free to clarify.
* - Sharing = Share only when the timing and conversation is revolves around similar topics or if you are skillful enough to convert topics into the direction you want it to be.
Share not Tell. Tell = sharing something that your friends or person whom you're speaking to is not interested..so don' waste your time nor effort in a person whom already mentally "shut" to your pitching.
Originally posted by Andrecc:Hi Fallen.
I recently joined a MLM Company not too long ago. I invested 2k (a Large sum from my savings) into this business. At times I get really negative about this business and sometimes really motivated to do it.
As new Distributors, we were taught to form a team first. Sometimes I dont feel comfortable to prospect my friends to join. I do not have sufficient knowledge in this business and whether it could be done yet I am asking them to join me for a sum of 2k? I just felt that I am just dragging my friends down with me.
Additionally, I really hope to learn and actually be finacially independent. What should i do?
Really confused.
If you are not "superstitious" and are open-minded to be finanical independent, you can also become an sales agent for Nirvana Memorial Garden : http://www.nirvana.com.sg which respresent by NV Lifestyle Planners Pte Ltd at Alfa Centre. I heard the commission for closing an sales could be up to $3000 and you are also doing an good deed as well.
There are another course or so called opportunity called "Enterprise Cockpit for Mass Rapid Slides" where it claim to help you to identify the top jobs that pay $500,000 or more every year. It teach Enterprise Operations Management with a model built for easy learning and sets you on the path to be the next top professional in Business, Finance or Supply Chain Operations Management and you can be a new millionaire every other year. You can always try and let us know if this is another "too good to be true" promise or it really worked : http://www.999edna.com
Thank you Fallen. You have answered my questions. I will try to learn as much as i can from them and make my 2k worth. I really appreciate your help. I will come back if I need help. Thanks again! Cheers!
You may wonder how some people who success in MLM really does this business... Network Marketing that is. Well, it's finding people who are interested in what you're doing. Before that, it is targeting people who either can be now, or will be in the future, interested in what you do. And it's really up to you who these people are. For instance, you could target:
1. People already in Network Marketing
2. Higher income individuals
3. People who like your particular product line
4. New mothers looking to work from home
And the list goes on. One particular group may respond better than others.
Now when you "advertise" to these groups, you can do several different things:
1. Free classifieds on the internet
2. Pass out business cards
3. Network with people on the phone
4. Put a sign on your car or one in your yard
5. Buy classified advertising
Any or all of these may be somewhat effective. You just have to decide if you have more time or money to invest... as you can see, talking with potential prospects on the phone can be fairly time consuming. But buying advertising will take some money.
After you do get a lead, which means somebody interested in learning more, you can also do many different things:
1. Send them information by mail
2. Hand them a DVD presentation, and return for it in a week
3. Have a formal presentation for all of your leads
4. Send them to a website with information about the business opportunity
Now, the absolute most important step... by far... is the follow up. After you make a presentation to your prospect, you ask them to join. Nine times out of ten, they won't right away. But you always follow up with them, regularly. You can also do a follow up in many different ways:
1. A regular telephone call just to chat
2. A monthly postcard
3. An email
You really just need to follow up. And while most will say not to pester people, a regular follow up is not meant to pressure people, but to be there when they're ready. I'll tell you if you don't follow up, you've sponsored for somebody else. So make sure to do it!
How long do you follow up? The answer is forever.... but some people mention the number eight. Follow up at least 8 times over the period of weeks or months. But sincere marketer will follow up with a postcard with could be either an hardcopy or SMS type indefinitely.
So these are all of so-called "secrets". It's proved to work with most people. And the question is, are you willing to work? Or you think your upline leader will disagree with the above methods and got better different way to coach you ?
Originally posted by M the name:You may wonder how some people who success in MLM really does this business... Network Marketing that is. Well, it's finding people who are interested in what you're doing. Before that, it is targeting people who either can be now, or will be in the future, interested in what you do. And it's really up to you who these people are. For instance, you could target:
1. People already in Network Marketing
2. Higher income individuals
3. People who like your particular product line
4. New mothers looking to work from home
And the list goes on. One particular group may respond better than others.
Now when you "advertise" to these groups, you can do several different things:
1. Free classifieds on the internet
2. Pass out business cards
3. Network with people on the phone
4. Put a sign on your car or one in your yard
5. Buy classified advertising
Any or all of these may be somewhat effective. You just have to decide if you have more time or money to invest... as you can see, talking with potential prospects on the phone can be fairly time consuming. But buying advertising will take some money.
After you do get a lead, which means somebody interested in learning more, you can also do many different things:
1. Send them information by mail
2. Hand them a DVD presentation, and return for it in a week
3. Have a formal presentation for all of your leads
4. Send them to a website with information about the business opportunity
Now, the absolute most important step... by far... is the follow up. After you make a presentation to your prospect, you ask them to join. Nine times out of ten, they won't right away. But you always follow up with them, regularly. You can also do a follow up in many different ways:
1. A regular telephone call just to chat
2. A monthly postcard
3. An email
You really just need to follow up. And while most will say not to pester people, a regular follow up is not meant to pressure people, but to be there when they're ready. I'll tell you if you don't follow up, you've sponsored for somebody else. So make sure to do it!
How long do you follow up? The answer is forever.... but some people mention the number eight. Follow up at least 8 times over the period of weeks or months. But sincere marketer will follow up with a postcard with could be either an hardcopy or SMS type indefinitely.
So these are all of so-called "secrets". It's proved to work with most people. And the question is, are you willing to work? Or you think your upline leader will disagree with the above methods and got better different way to coach you ?
Thanks for your valuable input, but please kindly let the thread serve its core purpose of allowing individuals to FIRST Ask A Question Before You Reply.
Moreover, don't over complicate the teaching/sharing of advice with a mixture of Basic to Advance methods.
Do note that this thread's subject is "Ask Your MLM Question Here" thus it means the following:
1. Reply only when a Question is posted first.
2. If there are questions asked, majority of the questions will be asked from a Newbie (inexperienced) distributor. >> So any intermediate to advance methods might have negative results if it is given to people with Little to Zero experience in this industry.
You good gesture/intention might end up harming people who are clueless instead.
3. Your advices are technically correct, but practically incorrect to a certain way, as there is a standard practice that ALL Network Marketing Companies doesn't Advertise the products and instead rely on Word-of-Mouth Referral System if not via Internet to grow the network.
So kindly avoid advising Actually Tradditional Business Strategies which can't be adopted by Network Marketing Distributors.
4. While you are providing free advices to indivudal/public, find out the root of the problem and nail the problem once in for all.
Don't offer advice with Open-Ended Questions that will only make them think that this industry is difficult with so many tactics.
Actually it is really simple to succeed, but due to people in the industry with multiple customer/distributor clients, thus we need to customized the situations accordingly, thus a standard (no question specific advise/reply) wil end up harming than doing good.
Lastly >> Please give a solution addressing the root of the problem, and not by allowing them to create/come up with more problems.
Be a problem-solver, not a problem-creator (by giving individuals the chance to ask you more questions)..
That's how I advice people. Hope it helps you in one-way or another if you're keen to offer free advice, do help out to reply, and bear in mind the above pointers.
Thanks.
Hi Fallen, I am back.
What my company do is that they teaches and encourages its new distributors to make as many appointments as they can through all their phone contacts and facebook contacts. This is the part where I feel its wrong. You call everyone in your contact list regardless of whether you think they are suitable for this business?
My direct upline which is quite new is calling everyone he can and i am hearing really awful comments from our mutual friends that he is doing this MLM Business. He is really creating a bad reputation among people he knows. Yes I must agree that the products are pretty good as i have tried them but is this the right way to do the business? I personally feel that we should find the people whom we think is interested in our products and suitable to this business before prospecting them so that you not piss everyone off by contacting your everyone you have seen or met before. Please help me! :(
Originally posted by the_fallen:Thanks for your valuable input, but please kindly let the thread serve its core purpose of allowing individuals to FIRST Ask A Question Before You Reply.
Moreover, don't over complicate the teaching/sharing of advice with a mixture of Basic to Advance methods.
Do note that this thread's subject is "Ask Your MLM Question Here" thus it means the following:1. Reply only when a Question is posted first.
2. If there are questions asked, majority of the questions will be asked from a Newbie (inexperienced) distributor. >> So any intermediate to advance methods might have negative results if it is given to people with Little to Zero experience in this industry.
You good gesture/intention might end up harming people who are clueless instead.
3. Your advices are technically correct, but practically incorrect to a certain way, as there is a standard practice that ALL Network Marketing Companies doesn't Advertise the products and instead rely on Word-of-Mouth Referral System if not via Internet to grow the network.
So kindly avoid advising Actually Tradditional Business Strategies which can't be adopted by Network Marketing Distributors.
4. While you are providing free advices to indivudal/public, find out the root of the problem and nail the problem once in for all.
Don't offer advice with Open-Ended Questions that will only make them think that this industry is difficult with so many tactics.
Actually it is really simple to succeed, but due to people in the industry with multiple customer/distributor clients, thus we need to customized the situations accordingly, thus a standard (no question specific advise/reply) wil end up harming than doing good.
Lastly >> Please give a solution addressing the root of the problem, and not by allowing them to create/come up with more problems.
Be a problem-solver, not a problem-creator (by giving individuals the chance to ask you more questions)..
That's how I advice people. Hope it helps you in one-way or another if you're keen to offer free advice, do help out to reply, and bear in mind the above pointers.
Thanks.
Originally posted by Andrecc:Hi Fallen, I am back.
What my company do is that they teaches and encourages its new distributors to make as many appointments as they can through all their phone contacts and facebook contacts. This is the part where I feel its wrong. You call everyone in your contact list regardless of whether you think they are suitable for this business?
My direct upline which is quite new is calling everyone he can and i am hearing really awful comments from our mutual friends that he is doing this MLM Business. He is really creating a bad reputation among people he knows. Yes I must agree that the products are pretty good as i have tried them but is this the right way to do the business? I personally feel that we should find the people whom we think is interested in our products and suitable to this business before prospecting them so that you not piss everyone off by contacting your everyone you have seen or met before. Please help me! :(
If you feel it's wrong, don't do it. Period.
Quote/Reference your immediate upline's negative result as case study.
However you will be on your own if you still wanna adopt the approach I recommended earlier to build a recurring income from product sales. >> This approach is exactly what Top Fortune 500 Network Marketing Companies globally are doing to generate 5 digit incomes and beyond; including local established companies too.
As for what your company practise suggest, follow it at your own risk if you are willing to put your reputation at stake.
In the past, I also followed their practise, and it turn against me BIG Time, left with bad reputation I had to explore other ways to make appointments.
the reason for such massive Appointment Making is like Insurance Companies, leveraging on New Distributors' network of friends (come down to company based on trust) who are potential prospects to the business at the distributors' expense.
While company gets free publicity (bad publicity is still better than no publicity), while new distributors stand to gain nothing.
Moreover, new untrained upline's are using new distributors networks of friends as guinea pigs to improve on their skills.
However for some companies, upline's with no experience are barred from doing presentations untill they reach a certain quota and will still leverage on new appointments to gain experience either way. >> Just that damage is lesser at this stage.
Yet the cruel fact is: Majority if not all of the companies use this step as a start, only difference is who the presenters and who will do the closing and convincing that will determine the difference between leaving with a good/bad or netural impression on your prospects.
Proceed with caution if you value your friends and not have them loose their trust in you.
Speak to a SENIOR upline who you can reach and have him/her understand your situation than figure out something that suite you yet doesn't cause you to loose/spoil your reputation. >> If you're lucky enough to find such an upline.
Else weigh your priorities and see if you want to continue learning from them who doesn't have your interest in mind. Or leave the company and explore other options with lots of homework done first before you join again in a similar/identicalindustry.
As for my company, only those with experience are allowed to do the presentations. Therefore, I think they will leave a bad impression. What I fear is myself as I do not have the to confidence to approach my friends whom I am not really familiar or not met in a long time. It just wierd.
As for my higher uplines I think they are okay, maybe nagging and persistant at times, just that I dont know whether I should trust them. Besides learning from them , i want to understand the business more thats why I seeking for your advices as well. What they always share with me is to share this business in a right way which my direct upline has failed to done so, resulting in a negative outcome. Do you have any tips for me so that I do not make the same mistakes? To so call share the business in a right manner?
Lastly, one more question. My company also have sharing and grouping sessions weekly whereby sometimes sucessful distributors with certain positions in the company share their experiences and success stories. They are really inspiring and convincing but is every word they say true? Or is it part of this business strategy- to make up success stories- to motivate their distributors? They mention things like having acheiving such high incomes in just short period. Is it really possible in MLM?
I know that to so this business you need to be really positive but I just want to understand more about the culture and strategies they use instead of following everything blindly. Thanks Fallen. Looking foward to your reply. :)
Originally posted by Andrecc:As for my company, only those with experience are allowed to do the presentations. Therefore, I think they will leave a bad impression. What I fear is myself as I do not have the to confidence to approach my friends whom I am not really familiar or not met in a long time. It just wierd.
As for my higher uplines I think they are okay, maybe nagging and persistant at times, just that I dont know whether I should trust them. Besides learning from them , i want to understand the business more thats why I seeking for your advices as well. What they always share with me is to share this business in a right way which my direct upline has failed to done so, resulting in a negative outcome. Do you have any tips for me so that I do not make the same mistakes? To so call share the business in a right manner?
Lastly, one more question. My company also have sharing and grouping sessions weekly whereby sometimes sucessful distributors with certain positions in the company share their experiences and success stories. They are really inspiring and convincing but is every word they say true? Or is it part of this business strategy- to make up success stories- to motivate their distributors? They mention things like having acheiving such high incomes in just short period. Is it really possible in MLM?
I know that to so this business you need to be really positive but I just want to understand more about the culture and strategies they use instead of following everything blindly. Thanks Fallen. Looking foward to your reply. :)
I don't understand why you have no confidence uplines/presenters if you claim they have the experience if you said the company only allows experienced individuals to do presentations.
As for the word trust, when you are doing business, you have to learn at some point of time to place your trust in a person, an entity. The issue is that you have to learn how to determine who can earn your trust, that comes with experience, and to accumulate experience, you need to learn from your own or other people's mistakes.
You will not grow unless you allow mistakes to happen.
As for contacting your cold market of contacts, ask your uplines to teach you how to convert them gradually to luke-warm and to hot market. In the company sharing session, those successful leaders will share, but you too must learn to differentiate which methods best suite you due to your personality and impression your friends have of you.
As for tips to you, I can't provide you specific instructions since I don't know what is your's and your company's situation.
Getting higher income in short period of time is possible, but only the top 1% of the thousands can do it, thus changes are slim.
There's lots of factors required to work together to get the 5 digit income, which you come to learn in time (few years down the road - when you climb the corporate ladder in traditional business) to come.
Positive/Negative, it's all up to you.
If you stay positive without doing your homework and prepare for the worst, you will fail.
If you remain netural or negative and do your due deligence and research, your chances of success will be slightly higher than the rest who are positive.
If you want to understand the culture and strategies, you have to participate to understand why things works this way or that way >> That means you have to take some level of risk to gain something in return.
People fail because they watch things happen and do nothing.
People succeed because they make things happen.
Opps Typo. I have faith in my presentors but no faith in calling my prospects. What i am trying to say is that the biggest obstacle i am facing is myself. No confidence in my own abilites. Also i think I am easily influenced by the negativities I face outside. That is my biggest problem i think.
Hmm, maybe more specificly, when your friend says '' orh you doing mlm ar...." How are you continue to convince him?
Like you said, I watch things happen and do nothing or a least not enough.
Time for a change to actually make something happen :)
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Originally posted by Andrecc:Opps Typo. I have faith in my presentors but no faith in calling my prospects. What i am trying to say is that the biggest obstacle i am facing is myself. No confidence in my own abilites. Also i think I am easily influenced by the negativities I face outside. That is my biggest problem i think.
Hmm, maybe more specificly, when your friend says '' orh you doing mlm ar...." How are you continue to convince him?
Like you said, I watch things happen and do nothing or a least not enough.
Time for a change to actually make something happen :).
If you have no confidence, arrange to use your sidelines/upline's as dummy prospects and talk to them untill you can talk like as if you're drinking water. Have your presenters review and grade your performance when you feel you're ready.
You juz mention the prohibited word for a newbie who dunno how to counter MLM.
Check with your company on the standard industry pickup lines for you to follow.
If your company is serious and knows what they are doing, there should be a guide list if not a booklet for New Distributor Orientiation (NDO) for you to reference.
If there's no such thing, good luck in taking your own notes.
Rule #1: If you can't convince yourself why the product ornopportunity is good, you can NEVER convince others.
Convince yourself first. Period.
It's being a while for now since the last reply.
If there's any questions regarding MLM which is commonly referred to as Network Marketing or Direct Selling Industry.
Do feel free to type in your questions.
Email to [email protected] and join SXXXXX HXX for free...
Originally posted by Keepupgrading:Email to [email protected] and join SXXXXX HXX for free...
Thanks for the private message.
Although I'm keen and open to any opportunity, don't expect me to contact you (by requesting me to reach you).
Anyway, I've replied to the PM of yours.
Lastly: Since there's no questions from the forum for quite some time, nor did I reply to the other threads to allow room for other threads to grow.
i've 2 questions for everybody:
1. Who find this thread helpful?
2. Who like to have a comprehensive information for reference for convenience purposes instead of flipping through the pages for Q&As?
Hi,
In your posts, you mention about The Basics several times. May I know what are you referring to?
Originally posted by Bon@_fide:Hi,
In your posts, you mention about The Basics several times. May I know what are you referring to?
Basically the purpose of TS's thread is just like this Mr Bean's video if you can see the joke : http://youtu.be/gDytEp61cbk
Originally posted by Bon@_fide:Hi,
In your posts, you mention about The Basics several times. May I know what are you referring to?
It is the basic training of customer servicing and sales pitching.
customer servicing refers to answering faqs and preparing for difficult clients and questions too.
sales pitching refers to how to sell to different groups of prospects and how you pitch the products to their needs.
basic sales training is simply how to sell the products.
sales pitching is considered intermediate skills that comes with experience and practise over time.
Originally posted by M the name:
Basically the purpose of TS's thread is just like this Mr Bean's video if you can see the joke : http://youtu.be/gDytEp61cbk
Thanks, it's being a while since I had a good laugh from the posts in my thread.
Hi,
Thanks for the elaboration on the basics of sales of products. Could you also share the basics of recruiting?