How to succeed with MLM?

To succeed in MLM, it is essential that your marketing methods are not only duplicable, but easy to learn. Teach your new recruits this method you used, and make it easy for them to do the same with their own recruits. What I've done is produced a marketing system and distributed as a pdf book to all my downline.

Encourage everyone to follow a proven system and to set personal and production goals. Fast growth is inspiring (I averaged 18-20 personal recruits per month during the early years) and such a level of excitement will encourage your team to stick with it.

Anyone else?

If your MLM business is based solely on recruitment I suggest you find a new MLM business. You should be looking to build your MLM business with a quality product or service that adds value to people's life as well as duplicating by recruitment. You need to build from every aspect or you will fail.

At minimum you MUST be a people person i.e love chatting and can explain your plan in an interesting way.

Do you have presentation skills like public speaking? It'll help a lot. It's even better if your downline has this skill.

To succeed a MLM business, you don't need massive traffic. You need meet 300 - 1000 people then offer an opportunity to them by using "one by one" method. If your own list (of your friends) runs out, you can search and find new friends who stay in the same city which you stay through social media such as Facebook, Linkedin.

MLM is simple when you have the key, mindset and grind right. I don't believe you are asking the correct questions OP. It does not take that many people to explode your business if you have everything right and can teach duplication. Period. I can show you how to make 5k by recruiting just 5 people.

First, recruiting is not the right word. MLM is a business where you form a team to work together towards a common objective Recruitment happens in JOB. By using the word recruit you'r sub-consciously not ready to treat them as your business partners and your team will understand this in your behavior.

Your JOB is to find people to help them. I dont know about 300 people but with right strategy just 3 people are enough to earn several thousands, provided duplication is happening down the line. Your JOB is to teach those 3 to do what you do and to teach them teach their down line.

Better yet, advertise yourself using your team's link. This will increase the retention because attrition is the biggest problem for gettin success in an MLM business.

Wish you luck.

I think Mike Dillard has a good approach, to really scale it up beyond friends and family. Basically selling WSO-type info products on how to succeed in mlm, then upsell them to your deal after they buy.

Honestly, though, MLM is not the way to go for anyone with a decent marketing or sales background.
I've seen many friends fail in MLM. The one that truly succeeded did so because he had the following attributes:
-charismatic
-OK with hard selling people
-OK with approaching EVERYONE and not being easily offended when friends/strangers reject you
-OK being flashy and showing the promise of potential lifestyle with fancy watches, cars, etc.
-Able to recruit recruiters and build a team of people that could ignore real numbers and focus on the power of faith, even after not seeing results for quite a while.

Ultimately, he built a 6 figure income, then let it fade away to focus on other businesses. His conclusion is the same as mine- anyone that can make money in MLM would make much more/easier money doing something else.

MLM success rates of people making +$100 over what they invest per month is less than 1%. This is backed up by actual research, not hearsay like what mlm promotors will tell you- google it or visit Comparing MLM success rates with no-product pyramid schemes and gambling - MLM-TheTruth

This presents a problem- how can you feel good about promoting something that you KNOW less than 1% of your recruits will make their money back on? It's a moral dilemma, at least it was for my friend. Even though he is very charismatic, and felt ok at the beginning, it got to him over time. he felt bad about all the many people he recruited, that he made promises to, that eventually dropped out after spending a few thousand bucks and tons of effort.

Quick noob question : what is MLM stands for ?

i think you should find better hobby to spend your time, unless you own the mlm company

This is interesting. I was able to make some success with MLM back in college (supported some of my years with my earnings from it).

Recently (though I just do some marketing services for MLM peeps nowadays and not actually joining one), I was able to talk to this one top earner and the subject on "magic number" on how many to personally recruit came out.

He told me that a person needs "30" --- and this answer is not something he guessed. This is from a study of different top earners, and each averaged about 30 personal recruits.

If you want to create top earners, let them know about this number and help them set their minds and belief to getting this.

You might be better off doing affiliate marketing. But there's a great book called "Prospecting Sucks" by Dan Kennedy, and it's *marketing* for MLM'ers. You should check it out. It isn't your ordinary MLM promotion methods. Do a search on Amazon.

Build a list and send them your offer

Thanks for the comments, guys!

In MLM it is all about two things in my opinion. You need to be good at recruiting, and you also have to invest time teaching the people you recruit methods so that they can recruit.

You might be better served if you find a forum dedicated to MLM. This is a internet marketing forum. While you can and will utilize internet marketing in your business, with the exception of Melaleuca, I think it is against their TOS to use the internet but they might have changed that. A MLM forum will put you with many more like minded people

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The best way to earn in MLM is if you own the network. Might sound impossible put once you start digging, it is quite easy.

No matter what you say and that it's not true but the 99% of people thing MLM is pyramid scam. Say what you want but to them you are a DIRTY PYRAMID SCAM. Yes, scam! So your marketing has to show you are not a PYRAMID AND NOT A SCAM. Work on that!

MLM is all about Personal Branding.

You must be willing to brand yourself in a real and transparent way. People need to see that you are real, have integrity, are willing to help them, and basically walk the talk.