Do We Know If The Old School Approach Still Work In MLM Marketing?
Just what are all those thousands of programs spreading throughout the world called multi level marketing? Well, if you're not careful you'll run into nothing but chain or pyramid schemes, and many of them are simply illegal.
A real MLM plan is one in which there is a contract between yourself and a manufacturer or distributor to purchase products at wholesale prices and sell them at retail. Furthermore, with the right to sponsor others by spreading your sales base and profits by getting a percent of the sales made through your network.
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People you sponsor show others the program and sign them up as members under themselves. In effect you are spreading your efforts by selling the item via a system of distributors. The downline is usually setup at three to five levels deep although it seldom gets that far, especially if it is a network marketing program being distributed through the mail. But on the net, your levels may get as much as 30 levels deep.
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A little investment is all that is usually required to become a distributor. You need to have a flexible schedule but little experience is essential. For you and your distributors to have any type of success, you need to handle high quality products which can be sold at substantially below retail store prices.
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Distributors are charged for the program packet which includes guidelines, literature, samples, and so on. To be legal, the investment need to be only a small amount. Sale or consumption of the product should be the prime objective and no fees should be collected for recruiting endeavors.
Recent articles in USA Today as well as the Wall Street Journal are suggesting that more and more people are preferring home based businesses. Is there a reason?
A common problem in recruiting people is getting them to look at the plan. If they've seen multilevel plans before, they will not give anybody a chance to explain the program as they think they already know all about it. Many get around this by inserting an ad in the local paper, asking interested parties to call about a good money-making plan. They use a telephone answering machine which advises the caller when and where to attend an Income meeting. The machine does not give them a chance to ask questions. If they're interested and not just curiosity seekers they might show up for the seminar.
Do We Know If The Old School Approach Still Work In MLM Marketing? Just what are all those thousands of programs spreading throughout the world called multi level marketing? Well, if you're not careful you'll run into nothing but chain or pyramid schemes, and many of them are simply illegal.
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