Venture Into World Of Network Marketing
14 Oct 2017 Chuck Camroux 0
Venture Into World Of MLM
I want to start with a simple statement – I have never been interested in network marketing, or MLM as it is usually called. No particular reason, just not interested. I have friends and acquaintances that work in network marketing, and because of that I have purposefully dug into the ‘opportunity’ and came away still not wanting to get involved.
No, not because any that I looked at were pyramid schemes, none were, it was in my mind a time thing. I couldn’t devote the time to make it work. If you can’t do that, then it’s a waste of time. After all, many of these businesses have been around a long-time, and longevity means they have a useful product, worthy of direct selling (for that’s what network marketing is).
So what changed my mind? How did I, a self taught Internet Infopreneur, retired senior broadcast executive get drawn into Network Marketing?
Lets start with why. I run websites dedicated to affiliate marketing (see ChuckCamroux.com). I investigate and share my experiences with anyone willing to read my articles and make recommendations on what I consider a solid opportunity. I make my money on Google ads and on multiple affiliate sales, when people follow my recommendations.
Over the last few years, I have receive several emails from my websites/blogs visitors asking me about different MLM programs and my personal opinion. I have had direct experience with Amway and Legal Shield, and a lot of research on many others, so I could only answer based on that basis. In both instances of actually joining Amway and Legal Shield, I was working full-time and found it very difficult to spend any real time learning and doing the business. So in the end, I quit both and stayed at my job.
I always explained that I felt it is a difficult business, that takes time to build properly. It’s a people business, and there’s a lot of mentoring that has to be done. But if you like and don’t have a problem with the time issues, there’s nothing wrong with network marketing, or MLM as some call it.
The next time MLM came to be in my daily activities was after I retired. I started affiliate marketing about six years before I retired, and so after retirement I was well into the affiliate marketing field. Then my grand-daughter decided that university wasn’t where she wanted to be, so she left to pursue other opportunities. I couldn’t scold her because I did the same thing 50 years earlier to become, of all things, a disc-jockey playing rock ‘n’ roll records on the radio. Something I absolutely loved and did for about 16 years all through the late 50’s, 60’s and into the 70’s.
Anyway, the next thing I knew, she had joined a network marketing company, and along with her significant other, had two wonderful kids, a boy and a girl. In the middle of all this activity she started building a team. I joined the team to help with support. Here it is three years later and without any training, except from videos and audio, she has a business that makes her a nice 6-figure income and growing.
How did she do it? With the modern tools of today. Social media. Constant meetings, networking events and the like are not in favour with the younger generation. They grew up with different tools and have different timelines.
But, because of my grand-daughter, I’ve learned a ton about network marketing. In fact, about all marketing, including affiliate marketing. Because of her success that I watch in amazement, I have restudied the whole MLM business, picking up where I left off many years ago. And in these times of unsure futures, jobs and careers that don’t have longevity, I have come to the conclusion that network marketing is an awesome business/income opportunity for many many people.
Now to clear up what network marketing really is…
- It is a sales job – selling products for the company
- You are paid a commission for each sale
- You can recruit other people who may want the same opportunity
- You are paid a small commission on their sales
Many traditional companies have nearly the same structure, but they are not called network marketing/MLM companies. Many, many retailers pay commissions for sales. However they are not classified as direct sellers.
Not everyone can do it. Just like not everyone can fly a plane, build a skyscraper or be a trail lawyer. But I am convinced that most can do it and this blog is about network marketing, MLM or multi-level marketing, or whatever you call the business. Hopefully I can open some doors and help you become successful, personally and financially.
To start with small steps, here are four ways you can boost your business.
When you think about networking, do you visualize a bunch of people standing around schmoozing, trying to pitch their services to each other while exchanging business cards and “elevator speeches”?
You know, some people actually enjoy that sort of thing. And when they do it right (which is a rare talent), they reap genuine rewards. Rewards such as new clients, joint venture partners, knowledgeable advisors, helpful friends… in other words, mutually beneficial relationships.
But for many of us, the idea of going to a networking event ranks right up there with bathing an angry cat. Even if we think it ought to be done, we’d rather be flea food.
Don’t worry. There’s much more – and less – to networking than you think! You can reap the same wonderful rewards without having to mingle with a bunch of strangers.
Important: With any kind of networking, the key is to build powerful relationships by giving. Give your attention, advice, ideas, suggestions, support, compliments, referrals – and maybe even your business – to others. Give, give, give… then receive more than you can imagine!
There are many ways you can get freelance work by networking, even if you hate schmoozing. Below are four powerful examples.
1. Tell your family and friends about your online business.
This seems like a no-brainer, but you’d be amazed at how many people fail to do this.
You don’t have to pitch your services/products to your family and friends, but you certainly should not be keeping them secret! You’ll have many opportunities during normal conversations to mention that you enjoy internet marketing and earning money with your online activities. Just plant the seed and eventually it can grow into unexpected business.
And remember, even if your family and friends have no need for the products/services you offer, it’s very likely that they know someone who does.
Key: Every person has connections to an average of 250 other people. When you decide not to mention your services to cousin Annie and neighbor Tom, you’re missing an opportunity to offer your services to hundreds of people they know!
2. Engage in virtual networking.
You do this online, from the comfort of your home office. Besides the benefits of not having to deal with people face-to-face, virtual networking allows you to create contact lists and join online communities comprised of people from all over the world. Most of these people you would probably never meet in any other way. Your virtual network can grow larger and faster than any form of traditional network.
Are you on someone’s email list? (Of course you are!) When they ask for opinions, give yours. When they raise an issue that’s of interest to you, send them a response about it. If they’re selling something you can benefit from (and it fits your budget), buy it – then give them positive feedback about it.
Key: Become someone they know and enjoy hearing from, rather than just one of the many anonymous names on their mailing list.
Participate in online discussion forums, especially those where your ideal clients hang out. Lurk before you leap so you don’t jump in and accidentally make a fool of yourself (not good for winning clients). Read the posts, get a feel for the ambiance. When you have something worthwhile to contribute, start participating. If the forum rules allow it, include a signature block that has a link to your website. But do NOT sell your services! Give valuable advice freely. The idea is to show your knowledge, expertise and desire to help others.
Key: Eventually the forum members will get to know you, like you and trust you. The next natural step for them is to think of you when they (or people in their network) need the products/services you provide!
3. Show off your talent.
Write, write, write! Submit articles to online article directories, write reports and/or ebooks, create your own website and e-zine – put yourself and your knowledge/skills on display, always including your contact information. When appropriate, offer to provide free special reports or articles for people with whom you’re building connections through your virtual networking activities.
Consider giving free workshops related to your niche through your local Chamber of Commerce, Rotary Club or other groups. If you have a job, check into offering “brownbag” (lunchtime) sessions on topics such as “10 Tips for More Earning Money Online in Your Spare Time” for your coworkers.
Key: You want to become the obvious person people will think of when they need your expertise, or the products/services you provide.
4. Attend seminars.
What types of seminars, workshops, conferences or meetings do your customers attend? Go to those events. They are networking goldmines and offer many opportunities to engage in natural conversations with people you want to meet. You don’t have to schmooze or pitch your services. Just be friendly, ask questions, participate in discussions, and be yourself.
Key: You’ll not only learn about the specific issues and topics your target customers are interested in, you’ll build relationships with them at the same time!
Network Marketing is simply another way to sell and make money.
Categories: Network Marketing