December 13, 2008
What are the 3 important points for the success of MLM?
ponnu asked:
I wanted to know success secret in Network Marketing or MLM.Currently I am doing one MLM the company is based in USA.
I wanted to know success secret in Network Marketing or MLM.Currently I am doing one MLM the company is based in USA.
Filed under Small Business by Peter

Comments on What are the 3 important points for the success of MLM? »
you have to find stupid people for customers. that is the key to a successful MLM scam.
There is only one, quit promoting your opportunity and offer solutions to other MLM distrubutors so when they get ready to switch companies (they all do) you will be thier friend and ready to help them switch.
– Work the system their way (not more or less)
– Know that your long-term value is in the network of friends you’re creating
– Surround yourself with positive reinforcement to keep at it
- Believe in the opportunity. Share it with people because it will benefit them, NOT you. MLM has a bad name because a lot of people spend all their time recruiting, and not enough time training and helping to develop their recruits businesses. Your job does NOT end when they sign up. If you assure them success, you should help them get started so they don’t feel abandoned.
- Stick with it. You’ll hear a lot of ‘no’s ‘ and a lot of ‘maybe’s’. Determination and perseverance will take you far, but a pushy, overbearing attitude will not.
- Research. Know your company. Know what they offer. Know what your competitor offers. Nothing turns people off faster than misinformation or lack of information. A professional demeanor will help a lot too.
Also, remember that MLM is not for everyone– even if it’s right for you.
I work for a MLM company, but I am doing it mainly for the sales and to be a work at home mom. I earn my 40% on my sales, share the opportunity with those that are interested, and take time to train them and help them get started- one at a time. Having a big team/ downline is NOT a priority for me, it’s a perk, and the people I sign up appreciate that a lot.
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First you need a solid belief in your product. Not just thinking the product is pretty good and some could use it, but passion for it. You need to feel that Everyone needs your product and be sure that everyone you share it with benefits. Word of mouth is the best way to sell a unique product that isn’t sitting in stores.
You need the best upline support available and you must be available to help your downline every step of the way. Your company needs to offer mentoring and extensive training. I work hard to see that everyone in my organization finds success, if they want it…I work with them to get them well on their way, and if I can’t answer a question, I find someone who can. My group keeps in communication by using IMs so someone is always there.
You need to step out of your comfort zone and do things you never thought you could. If you have the product that everyone needs, then you need to talk to everyone. Shyness won’t get you very far so you need to be sure that you can overcome that.
A lot of people feel that they are “pushing” their product by sharing it with friends and family. If your product is good, you are not pushing it, you are doing them a favour. If you went to a good movie or a good restaurant and told your whole family about how great it is and they really should go see it, would you consider yourself being pushy? No, you would be excited about it and want them to have the same experience you did.
The same goes for MLM. If it works for you, you should want to share your enthusiasm and excitement!
When my family sees my paycheques, the first thing they ask is “How do I do that?” I consider that a favor to them as do they.
Hi,
1. A product led company with products that people use everyday.
2. A stable company with a good track record.
3. A compensation plan that rewards the “little people”
Regards Southbound