Network Marketing: An Industry that gives equal opportunities to everyone whether one is illiterate or doctorate, young or old. Everyone has legitimate opportunities in network marketing but even though lots of peoples fail in this lovely industry and then starts Slandering it.
But why they even fail even when everyone has equal and legitimate opportunities? The main reason is taking it very lightly and working without proper training and knowledge.
In this Story, I have mentioned 6 tips + a bonus tip that can help you become the next top earner in your direct selling company.
1. CHOOSE THE RIGHT COMPANY
It is the most important thing when it comes to kickstarting your network marketing career. If your company isn’t good then it won’t do any good for you as well that’s why you should choose the right company while stepping into network marketing.
Before joining any company do deep research on-
- Company’s history,
- Price of products
- and Income of senior leaders
Also, try to meet the peoples who have failed in the same particular company so that you can know the ground reality. You have to do all this research pretty seriously because not all companies in this industry are legitimate. Make sure that the company you are signing up with is not a Ponzi or a pyramid scheme company.
DO YOU KNOW:- 90% OF NEW NETWORK MARKETING/ DIRECT SELLING COMPANIES FAIL WITHIN THIER FIRST FIVE YEARS OF OPERATIONS.
2. CHOOSE THE RIGHT UPLINE/MENTOR
Most of the people end up with poor uplines and that’s what is the scariest thing in network marketing. So make sure that your leader/upline is smart, knowledgeable and clever.
3. BE SERIOUS ABOUT TRAINING
Most people fail because they think this industry as a child’s game and don’t give much attention to training and so they eventually fail. After signing up with your desired direct selling company, your second step is getting proper training. Attend all the trainings hosted by your network marketing company so you can learn well.
Let us assume now you are completely trained network marketer who is ready to face the real battle.
4. IDENTIFY MOST ELIGIBLE PROSPECTS
Calling everyone eagerly that you have a business opportunity is the old way which totally depends on the law of averages. So, instead of calling everyone try to identify the most eligible prospects.
For example- You are a student and you showed the MLM business plan to two groups, one of them is a group of students and the other one is of working professionals. So, what do you think Which group will most likely join the business with you?
It is obvious.. the group of the student because they are the people who have the same goals, interests, and perceptions as you. So, instead of wasting your time on everyone, try to find the people who have the same goals, interests, and perceptions as you.
You can read a lot more about this concept here.
5. SET GOALS
After you have started expanding your MLM business you have to decide your goals for the short term, midterm, and long term.
- SHORT TERM: Recruit 5 peoples a week
- MIDTERM: 30000 Rupees/month by the end of this year
- LONG TERM: 1 Lakh Rupees a month by the end of next year
This will help you to track your progress over time
6. HELP YOUR DOWNLINE FOR DUPLICATION
This is the last step you need to follow to become a successful network marketer. Remember that you are nothing without your team. Build trust and Help your downline to grow and train their team.
Provide every possible help they need.
Remember, other network marketers are also active. You need to develop your own tactics to keep your contacts and network loyal. This can be done by hosting occasional parties to celebrate an achievement or family outings.
If you are from India and looking for a legit team to join an MLM Bussiness then you can freely contact us at +91-7974655983