Is MLM Sponsoring Easy?

One question often asked about MLM is “Do I have to know and sponsor many to be successful?”

A reply from many upline sponsors commonly is something similar to the following…

“No, you can build up a great residual income and become very successful in Multi Level Marketing by sponsoring just one person every month or two.

They go on to say that the people you sponsor do not have to come from the group of people you already know (commonly called your warn market).  They tell you to think about how many people you interact with in your everyday activities!

But then they turn around and tell you to write down a list of everyone you know, even from a casual relationship.  They instruct you to list everyone you can think of for example, people you work with, go to church with, people you do business with, people you went to school with, people you knew before you moved to your present location, etc. and you will be amazed by the number of people that end up on your list.

But the question is, will all these people really join your Multi Level Marketing business if you ask them to?  Most probably not.  However, statistics show that if only one out of every one hundred contacts you make joins your program under you, it will be enough to make your car payment, another one will make your house payment, and one more will retire you!

That’s really not so bad.  Three out of every one hundred is achievable, but you have to make the contacts.  As the saying goes, “the more you tell, the more you sell.”  Also, all the people on your contact list know others and although they might not be interested themselves, they might refer your to other people who will be interested.

Now 97 rejections might not seem like a lot to your sponsor, but I’m sure that it seems like a lot to you!  I know that it sure felt like a lot to me!

Do you know a number of people who would be willing to approach one hundred people and get turned down by 97 of them over and over again?  If you do, terrific, go sign them up today.  However, most people will not continue trying to sell or recruit to a disinterested, unwilling or hostile market.

Technically, the response above from the sponsor can be true if you are lucky enough to recruit someone that has all the required skills and goes on to become a “heavy hitter” in the company.  And depending upon your company’s compensation plan, that person might be able to carry you along.

It is extremely unlikely that you will be able to find a “heavy hitter” who can quickly go out and develop a significant downline beneith you if you are only recruiting “one person every month or two.”

So what should you do if you don’t want to face massive rejection and you are not going to be fortunate enough to land a “heavy hitter” early on in your MLM career?

The trick is not to go out chasing after people attempting to get them to buy your products or join your company.  That will only get you membership in the NFL (No Friends Left) club.  Instead, encourage the people who are really interested to come to you.  And then, bring them into your program with a soft sell approach instead of the more tradition hard sell.

“So, how do I achieve that?”, you ask.

You achieve this by first offering your target market a funded proposal or free report relevant to your market and developing a mailing or contact list from the funded proposal sales process.  You then develop a positive relationship with your list members through frequent contact and by providing them useful information.

If you have targeted the correct market, you will soon have prospects calling you and asking you what you do and how they can join your team.

To discover more about how to use free reports, funded proposals, and relationship marketing, click on the links in the resource box below.

George Dodge rates relationship marketing superior to all other MLM recruiting methods.  Download The 7 Great Lies of Network Marketing free report and then go on to discover the secrets of effective MLM Recruiting methods made available with the use of Internet Network Marketing.

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The first most important thing you should look for in any company you work with is to make sure it is a legitimate company. There has been many business scams around the world and you dont want to fall victim into any of them.

Apart from that, there are still many guidelines that you should go by to make sure you are working with a company that is going to provide for you month after month, year after year of Passive Residual Income that are usually offered by multi level marketing company.

Here are some of the basic things to look out for in a multi level marketing company:

1. Company Stability?

First, you want to make sure that the company you are working with is stable. There are many “mom and pop” start-up companies these days that are run from a garage. They are usually easy to spot – but not always. Make sure to do your research on the background of the company that you are considering such as their experience in the field and the number of years the company has been in the business.

2. Product Attractiveness?

To succeed in network marketing, the company must offer an attractive product that is in high demand and that people can use regularly so that it can bring you potential residual monthly income.

3. Easy to Sell?

An attractive product may not be easy to sell, this can be due to the high pricing. Is the product affordable? Is is easily transported? Products that are large in size may be troublesome to bring around or even become costly to be delivered to clients. Are you provided with enough training materials to help you with the marketing and selling of the products?

One very good example of an easy to sell product from a popular multi level marketing company online is Global Domains International Ws where the product package consists of domain name, hosting and email accounts which are in demand, easy to sell and at an affordable price of only $10.

4. How much Is The Initial Investment?

Becareful of programs that have a high upfront investment or those with high minimum sales. Do you have to stock the products? Do you have to pay expensive monthly membership fees? Do you have a minimum target to achieve yearly? These investments can add up and can become a burden to your business.

5. The Commission Structure?

How do you get paid? How much comissions will you earn? How many levels of downlines will you earn residual income from? Is it comparable to your initial investment? What is the potential return on your investment in this network marketing business?

These questions will help you choose a suitable network marketing to work with and ensure that you will get a good return on investment in the network marketing business.

You can read more about the popular online network marketing company, Global Domains International WS that comes with a 7 days Free Trial and learn how to successfully promote GDI at www.GlobalDomainsInternationalTips.com where you can download a Free network marketing report and useful softwares to promote the GDI WS business.

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If you already received Ann Sieg’s 7 Great Lies Of Network Marketing you will know how revolutionary it is. I guess everyone who has seen it, raves about it.

But there is one disadvantage with it for many of us … it does not completely reveal exactly what to do and how to do it, to take your business to being as successful as hers.

In time, Ann realized this herself and ever since she published the previous report, she has been working on this issue.  And the result of all this work is her brand new free report, The Attraction Marketer’s Manifesto.

In this amazing (and entertaining) free report, Ann recounts the story of how she accidentally tumbled upon the secret that brought people coming to her in crowds to order her company’s products. It’s a funny story! Before she even understood why it was getting such great results, her new strategy was building her a million-dollar business. In fact her customer base grew so fast that her MLM company could not handle all of the orders she was sending them!

And now in this new report she tells us exactly what she did. It is an easy technique that you can copy if you want. If you offer the same genre of products you can do the exact same thing! And even if your business is working with another market, you can easily adapt what she did.

After sending in so many orders that her company could not keep up, she found a simple way of sponsoring 50 or more people per month without ever ever talking to them … and in case you are thinking she must have magic powers, she passed on her strategies to her team and many of them were soon sponsoring 10-20 distributors every month themselves.

In a short time up to 90% of the leaderboard was constantly made up of people from Ann Sieg’s team … until the company stopped publishing the figures!

In The Attraction Marketer’s Manifesto, Ann Sieg reveals the exact ways that anyone can use to reproduce results like these using online methods. Most MLMers do not even know about these strategies. Even those who do are not using them in the best way.

More and more network marketers are using the internet now but most of them are making a huge mistake. They are using the same marketing style that they used before. But it doesn’t work, and so they are disappointed. Maybe you are one of them and you will know exactly what I am talking about.

As you might expect with something that bears Ann Sieg’s name, The Attraction Marketer’s Manifesto turns traditional MLM techniques upside down. Get it today at www.marketersmanifestofree.com – before others grab it and begin stealing your prospects!

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A sample pyramid scheme using the 8 ball model...
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MLM, or Multi Level Marketing, when combined with the Internet, creates a powerful formula for creating a successful home based business and achieving financial freedom.

This business model is used by hundreds of companies to move their goods and services to the end user.  In this article, my objective is to provide you with information on what this industry IS and what it is NOT.

I want to give you everything you need to make an informed, educated decision about whether or not this business model is right for you.

Simply put, MLM (as we’ll call it here) is simply a business system for moving products and services from the factory to the marketplace and using a multi level commission payout plan (that’s where the term “multi level” comes in)!  Another term commonly associated with MLM is Network Marketing due to the nature of the program members working together as a team.

There are many myths about MLM companies, including that they are illegal pyramid schemes or scams.  For true MLM companies, nothing could be further from the truth.  Unfortunately, those who believe these myths, simply do not understand how MLM companies work.

First you need to know that Multi Level Marketing companies are 100% legal and many large multi-million dollar companies employ this business system to move their products from production to the end user.  The pyramid shape associated with MLM companies is the same shape as almost all non MLM companies.  There are always more workers in the lower ranks than there are senior managers, Vice Presidents, and CEOs.  If companies were not of this shape, they would collapse.

Some well known Multi Level Marketing companies include Herbalife, Mary Kay Cosmetics, Shaklee, Amway, Tupperware, Princess house (a subsidiary of Colgate Palmolive), A. L. Williams (Insurance), Melaleuca, U.S. Sprint, MCI, and NSA.  Companies such as these have been around for decades.

There are hundreds more MLM companies and just like other companies, some are good and some are not so good.  But MLM is certainly here to stay and it is an explosive growth field!  In fact, increasingly you will find more and more Fortune 500 companies employing the Network Marketing business model for some portion of their marketing portfolio!

So why are MLM companies and programs becoming so popular?  Well, the business model offers a wonderful opportunity for the “little guy” to start his own business on a part time basis with very little investment money upfront, but with a large income potential if she or he is willing to put in some work!  Contrary to what some people would want you to believe, MLM is certainly not a get rich quick scheme and requires effort to grow your business.

John Paul Getty is often quoted as having said that he would always prefer earning 1% of a hundred peoples efforts than 100% of his own efforts.  And that is precisely what Multi Level Marketing is all about.  The Multi Level Marketing sales force members are not actually employees of the company, but instead they are independent distributors who are compensated for their efforts by commission based on the amount of product moved by not only themselves, but also by those whom they recruit as distributors.

As each distributor recruits others to become distributors, they create what is known as a downline and in addition to their own retail sales commissions, they earn a wholesale commission on the amount of products their downline distributors move to consumers.  This process goes on for some designated number of levels and is where the term “multi level” originates.

The more recruits a distributor can get under them, the larger their downline and therefore the larger their total commissions.  How many levels a distributor can earn commissions from in their depends upon the particular company’s compensation plan.  Five to seven or more levels is not unusual.

Thus, there is a strong incentive for a distributor to not only recruit more distributors below them, but to also train them and retain them as part of his or her downline.  So a successful distributor must be able to duplicate their success in their downline members.

In addition to selling products directly, recruiting, training, and retaining others becomes the key to earning a large stable residual income with Multi Level Marketing.  It is not easy, but it is very rewarding.

Want to be your own boss?  Millions of people are earning a solid income using this business model working from home.   A telephone, basic computer, fax machine, a HUGE ambition, and the knowledge of how to proceed to grow your business are all it really takes!  Are you ready to explore the opportunities that Multi Level Marketing offers?

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