I’ve watched many people join a network marketing company and drop out after a few short months. I’ve also seen many people join and change their lives financially forever. If you wonder how we do it, read these few tips:
Be Ethical: The world of direct selling and multi-level marketing is littered with dishonest people and selling tactics. Despite what pressures may be upon you driving you towards MLM success, be careful to run your business above bar in all respects.
Sponsor, Don’t Recruit: Many MLMs incentivize representatives to recruit other sales representatives. Obviously, it will improve your profitability and recruitment numbers if your new recruits stick around for a while. By setting aside time and resources to properly train your recruits on business practices and products, your retention rates will be better.
Find a Company With A Product You Love: You can’t sell something or share your business if you don’t genuinely have pride in what you are representing. Do your MLM research and determine to partner with a company you can take pride in. Don’t forget to look into the company’s compensation plan before you join and make sure it is favorable to you.
Make an Effort to Share Your Product Everyday: Do something for your business everyday. Whether that is sharing a product sample, inviting a neighbor to host a product party or starting a website or social media account.
Educate Yourself on Different Ways to Market: If you excel at direct selling, but aren’t very computer savvy, take some time to learn how a website, email and social media can excel your business and product sales. If talking to customers is where you fall apart, brush up on your communication strategies.
Be Genuine: & Listen: Listening goes hand in hand with being genuine. If you are having a “conversation” with someone but thinking only about the next thing you plan to say or share, you aren’t listening and you are going to miss something important. Telling isn’t selling. Understanding and meeting your customer’s needs will sell product.