Is Network Marketing too saturated for online marketing?

Yes and no ...

I don't really believe in the "saturation" theory per se, but I think the reality is that a high proportion of the available prospects for MLM whom one can sponsor online drop out. Signing them up is easy enough, but retaining them is a nightmare. Just as they're easy to sign up, they're easy for others to sign up, too, and the proportion who'll always be lured away to the newest, most-hyped-up, often least legitimate "opportunities" is so high that it's statistically odds against to achieve enough lasting success to build a real business: they tend to be people who don't quite understand that realistic MLM's based on genuine retail product sales to genuine retail customers, and imagine that it's all about sponsoring people and nothing else.

Just my perspective.

Nope, it's not "too saturated" at all. In fact, the more competition the better it is for you because you get to spy on them and find out what they're doing right and how to exploit what they're doing wrong. You just need to find a way to differentiate yourself from the other reps. For example, there are a TON of network marketing companies that sell nutritional supplements right?

Yet the ones that do well have found a way to make themselves stand out. First of all, they rarely use the companie's marketing techniques. They create and find their own marketing systems and create their own marketing funnels (or they use the one from their upline IF they are a savvy online marketer).

Focusing on the RETAIL aspect and not just recruiting will also increase your bottom line. Personally, I'd rather create my own products and keep 100% of the profits myself, but that's not what you asked for - I just threw that in there for good measure.

Lastly, take what "gurus" say with a grain of salt. I've learned a long time ago to test things myself and more often than not, they have been proven wrong. I remember about 10 years ago when some guru said e-mailing marketing "will be dead in 5 years." Then again, maybe he meant 50 years and left out the zero. lol

Good luck,

RoD

Thanks for the info!

I completely agree, unfortunately I don't have any genuine ideas for a product out there in the marketplace right now.

I just feel some "gurus" made it seem like it is cut throat to use the internet to build a MLM/Network Marketing business and wanted to hear the facts.

I agree with myob- although the big money lies in getting a downline, if you can't sell the products then you probably won't be able to help your downline sell, either.

I have found that with any business (especially network marketing), it is important to incorporate both online and offline methods. If you neglect one or the other, you're leaving money on the table. This works with affiliate marketing as well, as long as you have a niche that addresses a common problem people are having.

For example, if you're at a golf course, you can tell someone (after a few seconds of small talk, of course), "A lot of golfers are having trouble with that nasty slice that's ruining their game...but some people have found a way to eliminate that problem and improve their game."

If they reply that they would like to know the secret themselves, hand them a card with your website and phone# on it, then say that you have to be somewhere in 5 minutes and gracefully make your exit.

If the prospect is genuinely interested, they will check out your site and/or call you. This works with absolutely any business where you can effectively make a brief presentation of a problem and imply that there's a solution. Just don't give too much info up front. You want them to be curious enough to visit your website or call you.

When you 're not out networking with people, research methods of creating interest in your product or service online and driving traffic. WF is an excellent place to start if you're a newbie!

I've found that 99% of network marketers really don't have a clue when it comes to marketing online. I joined a company last year (totally new to the network marketing biz) because I wanted to sell their products. I ended up building a huge downline...and even ranked my blog at #1 on Google for nearly one year...even above the company's main site.

I know there are a lot of people averse to network marketing because of the traditional criticisms, but I think they are totally missing out. There are people on this forum that have such great skills, that they could easily be building a huge side income without much effort at all. The problem is the negative connotation of the business that stops them from joining.

Since then, I have become a founder in another network marketing business and joined two more. They are soooooo easy to dominate! Forget the home meetings and bugging friends and family. Using the internet (and some marketing know-how), I have countless people who have signed up under me who I have never even spoken to. The business continues to grow as I move on to other things. Set up a few of these and you can be in great shape.