If I could answer one question for you about MLM what would it be?

@CJscott (4184)
Canada
September 20, 2010 12:02am CST
I want to test my ability to answer questions in a clear and concise manner, I thought this would be a good test.
2 responses
@Shellyann36 (11278)
• United States
20 Sep 10
How does one succeed in the MLM world if they are not essentially a good "sales person"? In many ways I feel as if it all comes down to how well you sell the product that you are representing. Is this a misconception on my part?
@CJscott (4184)
• Canada
20 Sep 10
One of the biggest factors of Success in MLM, is organizational Retention. Being a sales person is a very small part of it, believe that it is necessary to be a sales person, puts a lot of people off the whole concept. Where sales are important they are what keeps your company in business after all, focusing on making the sale, is not a good idea. About 92% of the population, are sales resistant, and look for reasons to turn down sales people, especially when you come to them, instead of them coming to you. When you go to a shoe store, you expect the sales people to come, most people shrug them off, until they have decided what they want, with MLM, people do not come to a store. Yet most people have been doing network marketing since they were 5, and just not bothering to pick up the check for it. Making money through product sales is an excellent source of income, and it is as simple as sending someone to check out a movie. This product/service is great, you should check it out. That is all. That being said, the "big" money in MLM, comes from building your downline organization. Your overall success comes from how many people you can help your people keep in the business. For a lot of people, when they sponsor 100 people in a year, they lose about 98 of them, this does not help build the long term recurring income that is promised. People give up for many reasons, if you focus on building the relationships, and keeping people in your business, then you have greater over all success. A great way to build retention, is by using a system that is easy, and fun. Does that help you at all, and do you have any further questions?
@Shellyann36 (11278)
• United States
20 Sep 10
Yes, now I can see where organizational retention would be very important. I can see where grooming your downline would be of major importance. That being said, I have not experienced this in the areas of MLM that I have "tried". The bottom line has always been about the "sale" and having to meet that monthly quota or else you get that slap on the wrist or just dropped. Some groups I have encountered actually made me feel as if they were bill collectors instead of mentors. Needless to say I was not successful at the "biz". I would also think that you would have to be excited about the product for which you are trying to promote as well. Are you excited about the product that you promote and do you just promote one product or more than one?
1 person likes this
@CJscott (4184)
• Canada
20 Sep 10
You need to have a unique product. And the business needs to have their quota, to maintain your contract...blah blah. I promote more then one product, and some I like a lot better then others, they all have their fans though. I am very excited about the products I promote, and I can let people that like the other products tell folks about them. My mentor Ken, always says "Work on your strengths, Sponsor your Weaknesses", I like to mean, that if there is a product I am not good at promoting, and is a fit for someone, I sponsor them, and they can promote it. Or, if they are better at organizing a meeting then I am, they can do that, and I can talk at it. Quota's are dumb, and they serve a purpose...what I do not know, I will have to ask on my next team call. My mentor Michael, has this to say about "selling" if you sell someone on your opportunity or product this month, instead of letting them sell themselves, you have to call them back every month to get them to buy again, or do any work, then you can't build your walk away residual income. Thanks for your previous question by the way, made a great blog post - www.mlmguidance.info, let me know what you think.
@tong365 (80)
• China
20 Sep 10
Can ask you that MLM is popular or not in USA please.
@CJscott (4184)
• Canada
20 Sep 10
MLM is popular around the world and becoming more popular as people are getting better educated on exactly how to make it work, and recognize when people are trying take advantage of them. Cheers.