PDF | Multi Level Marketing is a very popular business model in the Western countries. It turns out then that none of the regular employees is able to earn as . Marketing Leadership. Network Marketing is all about leadership development. To really succeed at a high level, you need the ability to identify existing leaders. What does success in your Network Marketing business mean to you? Everything that we do in the system should be able to be duplicated 5, 10 levels deep.
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How to achieve Network Marketing Success. Victor Antonio. 7. Introduction. The greatest success in any person's life is to be able to live the life he desires. How to achieve Network Marketing Success Victor Antonio Introduction The greatest success in any person's life is to be able to live the life he desires. and. Tag Archives: network marketing pdf . The best part is your attendees will be able to join your live meetings with just a pc and internet connection! There is.
You have the person on the highest peak of the pyramid most of the time the CEO, business owner, managing director, etc. You may also see how to create a business plan? Rather, set a limit on the number of people that can be recruited in a pyramid.
The process should focus on having a specific number of recruits in one pyramid, then the next set or number of recruits should be placed in the next pyramid. To keep employees motivated and productive in the lower levels of a pyramid, a manager or supervisor should be assigned.
You may also like implementation plan examples. Focus on payment terms The payment terms will determine how the employees will get paid. In a networking business, most of the employees are working in a part-time basis. Depending on the size of the organization, networking companies usually only pay for the salaries of full-time admin and accounting personnel. Every person working in the pyramid will only get paid once he sells a product or recruits another person.
Payment terms in a networking business is important as most employees only get compensated once a sale or recruitment has been made.
Make sure the payment terms are flexible and will not only focus more on the individuals on the higher levels of the pyramid but on the lower levels as well. Also focus on marketing Marketing is key for network marketing businesses to survive. Employees can only do so much in marketing, that is why a marketing strategy should also be developed to make sure the networking business reaches a number of market segments.
Demographics is very important in marketing especially for network marketing companies. Numerous market segments can be targeted in a network market business, and if you manage to find a strategy that does not only grab the attention of different of target markets but also convert them into potential customers, then you can maximize the revenue earning potential of your organization.
You might be interested in evaluation plan examples. As youre having your conversation, further imagine that this spotlight moves over the person doing the talking.
Now, if during your conversation you notice that the spotlight is mostly on you, youre talking more than youre listening. This is a big mistake. So the first step in successful selling is listening.
The more a person talks to you about how unhappy he is or how he wished things could change, what hes doing, in a sense, is giving you clues on how to sell him on your network marketing idea. If the person starts talking about how he wished he had additional income well, thats your moment to share with him how he could make an additional revenue stream, on a part-time basis, doing network marketing.
So the second step to successful selling is listening for clues on how to sell the person. How to achieve Network Marketing Success Victor Antonio Now that you understand where the persons pain resides, the third step is to amplify that painmake it bigger and more intolerable.
For example, if a person needs added income, tell him how much others who are doing it part-time are making. Tell him about the people who, after a year or two, were able to download their first house or pay cash for a new car.
Tell him how your personal independence and confidence has grown since youve begun taking control of your life and how youre meeting successful people who are helping you make more money. This type of success sharing will make the prospects take notice, and they themselves will start visualizing what youre describing. Theyll see themselves in their first house.
Theyll begin to see themselves driving a new car. Theyll begin to see themselves as financially independent and working with other successful people. As the vision of their potential success grows in their imaginations, the pain of not acting grows as well. People will move when there is a nagging pain that something has to change.
How to achieve Network Marketing Success Victor Antonio Let me share with you a story I once heard about an old man who lived in a small shack off the side of a dirt county road. The man would sit in his rocking chair whittling a stick.
Alongside his chair lay his faithful companion, a big old hound dog. One day, while rocking in his chair, a stranger came along the road toward the old mans house. The stranger approached the house, gave the old-timer a kindly hello, and asked if he wouldnt mind sparing a glass of water.
The old-timer agreed and went inside while the hound dog just lay there motionless. As the stranger waited for the old-timer to return, the hound dog let out a moaning yelp but didnt move.
When the old man returned with the water, he struck up a conversation with his visitor. The stranger began to notice that during the course of the conversation with the old man, the old dog occasionally let out a long, moaning sound.
The stranger did everything to ignore the old hound and concentrate on the friendly conversation. But the dogs moaning persisted until the stranger could no 59 How to achieve Network Marketing Success Victor Antonio longer resist the urge to ask, Excuse me, old-timer, but why is your hound dog moaning?
Is he sick? Nah, he aint sick. Hes groaning like that because hes lying down on a nail, replied the old-timer. A nail? The stranger looked perplexed and continued, Well, why doesnt he just get up off it?
The old-timer paused for second, looked, and pointed at the dog with his whittling knife. You see, stranger, even though the nail hurts him, it doesnt hurt him so much as to make him want to get up off it.
Thats just plain lazy, responded the stranger. Much like the hound dog, people complain moan about how bad their jobs are, about the little money they have, or about how their dreams seem to be slipping away, year after year.
Like the hound dog, they are lying on top of their own nails of discontent, but refusing to make the effort to do anything about it. People are unhappy, but not so 60 How to achieve Network Marketing Success Victor Antonio much that they want to make the effort to get up and get going.
When youre telling people of the success youre having or that others in network marketing are experiencing, what you in effect are doing is making that nail of discontent that much more painful. You want it to become so intolerable that they eventually make a decision to join your downline and get into the network marketing business.
Remember, by listening carefully, you will be able to find ways to make people constructively discontent with their current situationsso much so that your job of recruiting will be that much easier.
In network marketing, pain is gain. How to achieve Network Marketing Success Victor Antonio Once you have a vision and are inspired to carry it out with a strategy now in place, you need to give yourself a time frame.
Here is where you are going to create a timeline for your success, so that every month you can measure your success and progress. This is key! Many people plan on doing things but never get around to doing them. My objective in this section is to get you to put down on paper a timeline that you can use to measure your progress.
Open-ended goals are usually not executed. Many people say, One day, Im going to do X. But we all know that the interpretation of that statement is: Id like to do it, and eventually Ill get around to doing it. I just dont know when. This is not a goal, its a wish. A goal 62 How to achieve Network Marketing Success Victor Antonio is a wish with a timeline thats based on the execution of a defined strategy.
I want you take the time right now to define that motivating force that will drive you forward when times get tough.
I want you to visualize the ideal scenario for your life. What do I mean by that?
Well, let me give you an example so you can get an idea of what Id like you to do. Many years ago, I made a conscious decision about how I wanted to live my life. I started by making a mental laundry list of things I like to do and things I hate to do. I was brutally honest with myself. I also defined what I would do and what I didnt want to do.
In short, I was defining my ideal situation. In sales, the constant pressure of making your numbers is hard enough. The pressure is compounded when youre selling something you dont like. Worse still is selling a product you dont like and know nothing about, because you have no interest in learning more about something you dont like.
Many salespeople are in this situation. Now, for the purpose of the following exercise, Im going to assume that you like the company youre working for and truly believe in the product youre offering. Exercise: What I want you to do right now is sit back, relax, and take a couple of deep breaths. Stop thinking about peripheral stuff and clear your mind. Keep taking deep breaths, and just try to relax.
Now, take a pen or pencil into your writing hand and wave it around like a magic wand. No, not all over the placejust wave it gently in front of you in a relaxing motion. Sound stupid? Yeah, but I made you smile a bit. Now, when you feel relaxed enough, I want you to fill in the blanks on the following page.
READ the questions carefully, and answer them thoughtfully. Now, let me ask you a key question: which option a, b, c, or dare you working toward right NOW?
Circle the option above. How to achieve Network Marketing Success Victor Antonio Your answer here is key since it will determine how you approach network marketing.
If you chose option a , you have a cant see beyond tomorrow mindset, which is another way of saying that you are constantly in survival mode. This means that, as a salesperson, you will be in the reactive mode most of the time. You wont invest in upgrading your sales skills; youll just hope to make it from year to year.
If you chose option b , you have a good enough just to get by mindset. You will do enough to make things happen, but no more. You wont go out of your way or the extra distance to close a sale if it means inconveniencing you. If you chose option c , you are mentally striving to achieve success beyond subsistence. This is good. This means you are looking for ways to make bigger things happen. How to achieve Network Marketing Success Victor Antonio If you chose option d , you are looking beyond the horizon and planning your exit strategy.
This means that youre willing to go the extra mile and do whatever it takes ethically to be successful in selling. You have other things youd like to do in life, and you want to accelerate the process of living up to your full potential.