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| | #52 | |
| Self Unemployed War Room Member Join Date: Jun 2009 Location: Florida
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Low priced travel MLMs can be very easily successful because chamber of commerce and other business entities like hotels, night clubs, etc chip in to lower travel costs figuring they will make it up in entertainment spent by the traveler. Same reason Vegas will comp travel, room and food to a player. Soap sellers have a much harder row to hoe and so to make up for commisions paid, the items are priced high. But think about this, any service that makes you pay to be an affiliate, is basically an MLM in disguise. Lol. GDI makes you pay $10 for a $3.52 service because they automatically make you an affiliate and pay a commission for referral. Some other hosts just sell the domain and hosting at $3.52 and if you want to be an affiliate, you pay an xtra fee. (this is not completely fair as GDI and others allow use of other products and training that regular hosts don't offer, such as cheap auto-responder, etc) It is all value related. If you can over-deliver value for every dollar, you will be successful. That's why research in MLM (or any opportunity) is so important. It is possible to deliver value in a good, well put together MLM without the price having to be high to pay commissions. That is true of any business. Because an e-book affiliate gets 75%, does that automatically mean the book is crap and over priced because a high commission had to be paid? | |
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| | #53 | |
| Wordsmith (& Skepchick) War Room Member Join Date: Sep 2008
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What people refer to as "the MLM industry" isn't really an industry, per se; it's just a kind of widely accepted shorthand for "those involved in direct sales businesses which use the MLM model". | |
| Alexa Smith ... ... writes stuff that snaps, crackles and pops - even if it's only about cauliflowers. | ||
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| | #54 |
| Who'm I kidding? War Room Member Join Date: May 2006 Location: Easthampton, Massachusetts
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Joe Schroeder says MLM is a "distribution model" - it can be applied to lots of types of products and some services too. It's very similar to affiliate marketing, though many affiliates will bristle at such a suggestion. Often the products sold through MLM are way overpriced in order to support the bloated pay-plans MLMs use to recruit "heavy hitters". It's a bit of a catch-22 = because MLMs get distributors mostly on the "make money" appeal - which usually results in the product selling at an inflated price, which makes value-conscious consumers resistant, which makes MLM sales reps more aggressive, which makes people think MLM is obnoxious - when in reality it's just an area of sales that attracts some obnoxious individuals. I've written about it quite a lot - but your opinion is always gonna depend on which side your toast is buttered on... so to speak. In short - people promoting MLMs tend to think they've got the greatest things since sliced bread, because it's to their benefit to win others over to the same opinion. I'm more of the "why would I pay $60 for a bottle of vitamins when it's obvious, from the pay plan, that very little of my money is going towards making a quality product" school of thought. Of course saving money on vitamins is not everybody's main agenda - but it's pretty obvious to me that I can walk into any health food store and have a lot of choice of supplements and things like that... and get some excellent quality stuff that I'll wager surpasses the MLM products in quality, and usually pay fewer dollars than I would if I bought through an MLM distributor. The thing than keeps MLM going is that people aren't rational - they want to make money at it so they convince themselves the product has more merit in the marketplace than it sometimes does. Nothing I've said applies to all MLMs, just almost all of the "wellness" ones. |
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| | #55 | ||
| HyperActive Warrior War Room Member Join Date: Nov 2007 Location: , , USA.
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That is the kind of MLM I am talking about. These type of deals need to be listed, MLM products that are good on their own, without needing to sell the business opportunity side, only available as an option. A product that good as you mentioned above, you HAD to have some noteworthy success with such a good product. If its still available with those qualities, you should name it. The 13th Warrior | ||
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| | #56 | |
| HyperActive Warrior War Room Member Join Date: Nov 2007 Location: , , USA.
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Sounds like a very good opportunity as described above, why did you not pursue it? If the products are competitive and sound, sounds like an astounding opportunity if it matches your description above. Especially the part of not needing to be a "salesperson". The 13th Warrior | |
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| | #57 | |||
| HyperActive Warrior War Room Member Join Date: Nov 2007 Location: , , USA.
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Jesus Christ, now you guys went on and did it.., make me curious as hell as to how good that chocolate is, damn it..., I don't think I can rest 'till I get a sample of that stuff. Thanks a lot..., dudes..., My purchase is going to contribute to the man's volume sales count, now. Chocolate and MLM, how can it go wrong? Unless it's like selling candy for a candy drive for some school. The 13th Warrior | |||
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| | #58 |
| Wordsmith (& Skepchick) War Room Member Join Date: Sep 2008
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| She was unwilling to sponsor me because she thought the opportunity probably wasn't an appropriate one for what I was able/willing to do at the time. I didn't realise it then, but she was actually right. (Also, I originally met her online, and she virtually never sponsors anyone "from online".) That part's true of all serious, successful MLM opportunities. The people who think it's a "sales job" are among the 95%+ who fail to make a living at it. "Sales skills" are not duplicable enough, and rejection will eventually put most people off, unless you have a simple, duplicable system that's rejection-free. |
| Alexa Smith ... ... writes stuff that snaps, crackles and pops - even if it's only about cauliflowers. | |
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| | #59 |
| HyperActive Warrior War Room Member Join Date: Nov 2007 Location: , , USA.
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Here's another thing. Why can't MLM work like a McDonalds franchise? Lets say you go out and get a hot dog cart and are wildly successful at sales selling Brats with grilled onions or something. You went to several locations, with almost the identical , equal sales success, people want the grub. It's a hit anywhere sold, not a fad. So why can't that consumer success be dovetailed into an "Optional" MLM/franchise owner for sale, but only as an option? The main sale is selling the good tasting and in-demand brats. So like a McDonalds franchise opportunity, you have a solid in demand product, on its own, and an business opportunity. The 13th Warrior |
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| | #60 |
| HyperActive Warrior War Room Member Join Date: Nov 2007 Location: , , USA.
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| Man, I don't know. If the opportunity is as you described, unless it was something totally boring that you could not truly put your heart into, even if the product was awesome for that field, or the terms of marketing is not to your liking, seem like one would give it a try, at least. Unless it was something like needle point patterns, craft beads, or something. The 13th Warrior |
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| | #61 | |
| Wordsmith War Room Member Join Date: Jul 2003 Location: , , USA.
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originally been my customers. Tsnyder | |
| There is still nothing for sale here but a person with some imagination and a sense of humor might have a bit of fun at http://www.facebook.com/pages/DucTales/195406083832415 | ||
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| | #62 | |
| HyperActive Warrior War Room Member Join Date: Nov 2007 Location: , , USA.
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Products that are competitive and good, by themselves, without the opportunity. The problem is, to the public, MLM'ers all look the same, they can't tell ethical folks like yourselves from the snake oil salesman who would sell a product they either know or don't care is a low quality product for a commission. I think maybe the key is how you guys market the product on the strength of the product , ALONE, like a Consumer Review type, comparisons of price and features vs the several popular competitors. The 13th Warrior | |
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| | #63 |
| HyperActive Warrior War Room Member Join Date: Nov 2007 Location: , , USA.
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| In retrospect to the information, I think it can work. My opinion is that the strength , competitiveness and demand of the product is the major force necessary to win with longevity. Say if McDonalds simply added this element : told franchise purchasers that are in operation that anyone that they can get as a franchise purchaser will get some residual up to some point on the new franchisee to several levels or more. So how can that not work? Great business opportunity or not, if regular consumers are not buying your products simply for the product, I don't see how any business can survive for long. The 13th Warrior |
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| | #64 | ||
| HyperActive Warrior War Room Member Join Date: Nov 2007 Location: , , USA.
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Man, if there ever was a consideration to write a Bible of MLM or Ten Commandments of MLM, this should be in it and you should be a contributing writer. If more MLM'ers applied these principles, MLM would not have a such a bad reputation, a smear in character. As usual , the bad apples take most of the spotlight. The 13th Warrior | ||
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| | #65 |
| Warrior Member Join Date: Jun 2007 Location: USA,MD
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I have to tell you I love Multi Level Marketing I have made a lot of money and had teams of thousands but it is not about how well i am doing it is only about how others are doing. Multi Level Marketing most will not succeed because it requires a lot of patience and it takes time to mold the relationships and build trust overtime. We are not sales people, we are business developers looking to develop long term relationships with. I have found one of the great ways to succeed in MLM is doing team Co-Op's with the right kind of people and recruiting system a team can grow at a pretty fast rate. Like anything in life if there is teamwork involved it is a win win for everybody. I usually only surround myself with team players and therefore I find the fruits of what MLM can offer. The key is finding the right types of people, Some will be internet savy and smart others will be the strong types having MLM fitness muscle if you want to call it that. The types that never let obstacles slow them down, The types of people that do not need their hand held they just go in there and build teams. I've found if one wishes to become successful in multi level marketing you must advance yourself through personal development and marketing knowledge. If you want your business to grow you have to grow yourself as this is an attraction business and the beauty is we all are attractive if we let our positive energy flow and let ourselves Shine. I personally Love Jesus Christ he is the Lord and master in my life and I've found he has been a big secret in my success in multi level marketing because often times you will feel alone but having Jesus to hold onto it makes it worth it. Another tip to build a fantastic mlm business is not to hype or show cars money on pages just being a genuine person will attract the type of people you want to work with and therefore each day you wake up your going to find your working relationships with them will be positive. You will wake up each day feeling good about your business. So as you market be sure to know what your wanting to attract back to you. If your trying to attract enough of the types of people you want on your team, then be sure your striving to be this person yourself that is really the key to becoming successful and taking consistent action. What I love about MLM is that once u get the ball rolling it gets easier overtime and creates leverage and time leverage. Just keep working on yourself, the rewards are there if one keeps climbing their way and as you do others will be sure to follow along your lead that is how it works. You must have a strong desire for your product service with a good positive mindset and be willing to be of service in helping others. This is a caring sharing business and if anybody has dollar signs in one eye their half blind, if they have it in both eyes they are totally blind which is why most will fail. They must build this business with the mindset and focus of the people and not their income. The income will come as a result to the direct support teaching marketing knowledge and providing leadership to your team. Thanks for reading my post, I hope everybody is having a great day! Ronnie Branch |
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| | #66 | |
| Warrior Member Join Date: Jun 2007 Location: USA,MD
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Great comments thumbs up! Ronnie Branch | |
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| | #67 | |
| Wordsmith (& Skepchick) War Room Member Join Date: Sep 2008
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I'm very badly placed to talk about it, in a sense. I've actually learned more about it, just through interest, since dropping out of the "industry" than I ever knew when I was briefly and not very successfully involved in it! (I was in a pretty good company too, I think, but learned the little I learned then from the wrong people). | |
| Alexa Smith ... ... writes stuff that snaps, crackles and pops - even if it's only about cauliflowers. | ||
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| | #68 | |
| Warrior Member Join Date: Jun 2007 Location: USA,MD
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My mentor taught me about petroleum machines and how many food supplements are actually synthetic vitamins that turn to coal tar when you apply heat to them in the oven. Or try taking your local vitamin you would buy and place it in a dark damp place to see if mold grows on it. That would suggest there is no life energy in it and therefore people are getting ripped off buying synthetic vitamins from pharmaceutical drug company's... My old company threw me out when I exposed their product line of being synthetic and they owed me $8,000 and did not pay but that is ok I keep smiling, but they changed their comp plan around so many times all my leaders left so I had to rebuild in a different direction over past year... I simply could not promote the business knowing what I know today and thankfully I never have to worry again One should never buy a product unless it is accepted in Peer review to prove it is creditable. The money will only circulate and build retention if it is something that people can experience the difference with. I've discovered it is not the marketing hype or ra ra or big leaders joining the next great launch as it all will settle down. Just wanted to share some thoughts. Ronnie Branch Quote:
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| | #69 | |
| Warrior Member Join Date: Jun 2007 Location: USA,MD
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My style and I suggest others who are doing a multi level and direct selling business is just be humble and know there is always somebody better then you. Be a good student, keep learning you do not need to know everything.. People don't care how much one knows they just need to know how much you care first. As mentioned previously this is a caring sharing business. Alexa your right the blind do lead the blind. People easily get a bad taste in their mouth because it is easy to get a bad experience joining the wrong sponsor. Knowing that many will not give the honor and respect to build a fantastic income many will be left thinking it just does not work. The real question is do you work? A businessman or woman has to commit and treat this like a real profession. It is the greatest job in the world, just my personal opinion... I love it because of the relationships of friendships you develop. Ronnie Branch Quote:
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| | #70 | |
| HyperActive Warrior War Room Member Join Date: Nov 2007 Location: , , USA.
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Hey, man, thats good stuff, I heard of this before. With such strong incentive to buy the product of its own merits, the business side is only an option. I think thats the kind of strength the product should have in comparison to others. If one could not make money simply from consumers buying it for personal use, then maybe THAT opportunity is one one should not pursue. The 13th Warrior | |
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| | #71 |
| Self Unemployed War Room Member Join Date: Jun 2009 Location: Florida
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I run this MLM past people that have asked about home biz & motivated enough to put name address, phone and email in a form. If they are not sales orientated or do not think they can do it, I mention the savings even if they never sell it,. I then refer them to several posts to help get them started in a different type biz, that can hopefully help them find their game. I stay with them as long as they like and do what I can to help and steer to ethical teachers of whatever model they think they want to try. If they are looking for the magic pill, I explain it doesn't exist. Some accept that others don't. Yes, I do things a little different. I work at this and don't just automate 200 blogs and live my life. I believe we are all here for a reason. Ever hear some one ask, "What is the meaning of life?" Let me answer that for in three words: "To Help Others" Nothing else does it for me more than being available to do that. Do that and everything else falls into place. Funny ideology from a car guy, but when financing cars I had the same philosophy and was highly successful and respected as one (of few) honest people in that biz. Actually there are as many honest people in that biz as any other, it is just a high emotion purchase to a customer & it is like a different world. They are quick to lie themselves and quick to accuse others of it unless everything goes just as they want it. I have been lied to by military officers while they were buying a car more than car salesman trying to get out of having done something wrong. |
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| | #72 |
| HyperActive Warrior War Room Member Join Date: Nov 2007 Location: , , USA.
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I think if there is a distinctive dividing line between regular business and MLM's is that a regular business attempts to recruit consumers of their product while MLM's try to recruit a 99% consumer base consuming the business opportunity side of the business. We all recommended a good movie or lobster/steak house to someone else. Why should we not get an incentive or cash benefit for our "word of mouth" advertising? Business should use elements of MLM like this : All consumers of a product are , depending on purchase rates, automatically get referring income based on their word of mouth, or what not. Because most business ask , " How did you hear about us?" All consumers of product who who go the extra mile and purchase coupons and other advertising "word of mouth" messages to recommend to others will get an extra incentive. These coupons or whatever should be of real, competitive value, fair amount of savings or so. We are talking about consumers who are going to use the product anyway. We all use toilet paper, ( I hope), and if there was no business opp, we would still use it. So why not get credit if someone else buys it on our recommendation? And, get ALL credit of future purchase , to some extent , of any thing that purchaser buys, even if its the business op side, we get the commission and/or recurring income of some sorts, after all, our recommendation , that should be our lead in whatever that purchaser buys. IPOD already does it with their open source, recruiting product developers not on the payroll , not business ops. Turning consumers into product developers. "Help us invent something you want that you would put cash in our pockets?" So, like, whats wrong with that? The 13th Warrior |
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| | #73 |
| Active Warrior War Room Member Join Date: May 2009 Location: Utah
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I don't know if this has been touched on or not, but those who call MLM pyramid scams often work for some type of pyramid structured organization. Wall Street is a pyramid, the governments are pyramids, capitalism is a pyramid if you really think about it. I really feel that often times there are some MLM scams out there, but there are also some MLM's with very good products. Are they over-priced? Absolutely. But so is the shirt you buy at the mall, or the fruit you buy at the grocery store. Many times, the company is choosing to market their products through relationships versus contracting a marketing firm to run campaigns for them. I may be way off on this, but I really think at some time or another, people have been burned or invested a lot of money in MLM and giving up on it before the success came. Thus the bad taste left in their mouths. Network Marketing is going to be more and more prevalent in the near future, even college marketing classes are teaching it. Just my 2 cents. Good to be here. |
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| | #74 | |
| Wordsmith (& Skepchick) War Room Member Join Date: Sep 2008
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I think this analogy is sometimes a bit overstretched by people in MLM, to be honest. I know some companies teach their people to present it as "recommendation marketing" and "word of mouth marketing", and I can see the attraction of a personal recommendation, but there's one huge difference between recommending a movie or a lobster dinner venue and recommending your MLM products that people often miss, I think. When you recommend a lobster dinner or a movie, the person to whom you're speaking knows that you're not getting anything out of it at all. With your MLM products, people know the opposite. The reality is that this makes it embarrassing for most people, and they're not willing to do it. As my "mentor" puts it, warm-market prospecting only really works if your warm market happens to comprise either people who are already looking for a home-based business opportunity or already wanting to buy those products. And that's just not true of enough people to make it a successfully duplicable model. Therefore, "warm market prospecting" doesn't really work. This is very true, but most people don't really know what MLM is, and don't really know what a pyramid selling scam is either. So their opinion that "most MLM's are a pyramid" is no more than ill-informed prejudice, really. (The two are, in fact, mutually exclusive!). | |
| Alexa Smith ... ... writes stuff that snaps, crackles and pops - even if it's only about cauliflowers. | ||
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| | #75 | |
| Active Warrior War Room Member Join Date: May 2009 Location: Utah
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| | #76 | |
| Warrior Member Join Date: Jun 2007 Location: USA,MD
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Warm Marketing Prospecting does work but it requires a different approach. One may think your family is not interested in the business and that likely is true. I like to think of it this way if we think and care for strangers why can't we care for people close to us? What kind of family would we be? I personally don't do warm marketing prospecting although I know if one develops themselves enough and has that personality they can do it if they commit to it. I believe anything is possible when we set our minds to it as I'm sure others have likely heard this before. I personally do everything online, but the gentleman I've worked with has great success for many years doing things the older method working with corporate accounts and warm market and it works good for him. I know I could do that as well but I prefer online marketing. Really the key is finding out a persons needs do they have health challenges? Provide a solution and let the product convince them and if it helps them they will want it and just leave it at that. Following up with information to help with their condition as they likely may be concerned about their ailment so they will likely be happy to receive it. Overtime they likely would be receptive to trying the product or service out. There are obviously faster ways to build a business referring to the internet with so many people getting laid off and this is a perfect time people are looking for a home based business. I've discovered a lot of your distributors will be more then happy just to use the products and that becomes your ongoing residual income and you'll find builders and leaders along the way. We just need to think of the methods in our marketing to whom we are trying to reach out to that will grow our business... Ronnie Branch Quote:
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| | #77 | ||
| HyperActive Warrior War Room Member Join Date: Nov 2007 Location: , , USA.
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Here's the thing, what if you REALLY, REALLY, ACTUALLY loved the product and are using it, wheither there is a business opportunity or not? Incentive or not, if I am truly honest and frequently use the product on the merit of its own quality, that should be good. Ever here of ," ...I am not just the owner of Hair Club for Men, I am also a Client"......? Quote:
I think there it is right there. One of the missing mantras that should be a vital ingredient in MLM. Should be probably one of the Ten Commandments of MLM. The 13th Warrior | ||
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