home-based business / 2 posts found

Building Your Network Marketing Momentum

In network marketing, substantial wealth is created only after you have achieved momentum. This momentum can be thought as very similar to the doubling effect of compound interest. Compound interest is “Interest which is calculated not only on the initial principal but also the accumulated interest of prior periods.” In the case of your network marketing efforts your initial principal is your initial effort. Your accumulated interest is that of your sponsors, who, with your proper coaching, carry on your efforts to effectively set your momentum in motion. Your sponsors follow your lead by growing your downline and finding new […]

Acquiring The Network Marketing Skillset

Network marketing is the operation of marketing products and services by recruiting people into your genealogy.  As a result of this effort, you garner commissions on downline member sales and recruiting.  New network marketers should acquire basic prospecting skills to become successful in network marketing.  Otherwise, without the growth and expansion of their downline many people will get disheartened and give up.  Make it your goal to acquire the mindset and skills to be successful with your Network Marketing business.

You can become a successful network marketer by exploiting assorted skill-building systems that your network marketing opportunity provides.  You will want to master these systems and share them with your team members so they are also successful.  Remember, the key to massive success with Network Marketing is being able to replicate success amongst your team.

Let’s discuss some basic systems that you will want to become familiar with…

Most network marketing opportunities have conference calling systems in place for both recruiting and education.  Make certain you ask your sponsor or contact the network marketing company for both the phone and PIN (personal identification number) numbers to the conference call system.  Typically, the company will send out a regular announcement via email or will give you the information in your signup packet.  During conference call trainings, you will often listen to successful network marketers make cold calls to prospects.  These network marketers are also working with the same network marketing company.  Listen to the caller’s demonstration techniques, including what he/she says and how he/she presents the network marketing opportunity to prospects.  During a prospecting call, most successful network marketers present qualifying questions like “If I can show you how to establish a business from home, would you have expendable money to invest in getting started?”  These type of qualifying questions will help you ascertain who is serious about joining a home based business.

Conference call training also includes question-and-answer sessions.  Make certain you ask questions if you do not understand certain techniques or systems.

Many home-based business opportunities also have turnkey postal card marketing systems.  In other words, the company prints the postcards and creates telephone messages for people to call.  Many of the postcards are full-colored and printed on high quality slick card stock.  These postcards are specifically designed to assist you in recruiting people into your business enterprise.  Typically, the postcards will have your phone number or a “sizzle-line” phone number that people will call.

The short telephone recorded messages are designed and created to get people interested in your network marketing opportunity.  Consequently, people will call you about your business opportunity.

When people call you, be sure you are ready to share information about your opportunity.  You will likely want to utilize a pre-rehearsed recruiting script when speaking with prospects.  Furnish people with specific pieces of information, such as a website or perhaps a text-on-demand system.  To get started, simply purchase the postcards through your network marketing company and then subscribe to mailing lists that your company may suggest.

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