Multi-level marketing (MLM), also called pyramid selling, network marketing, and referral marketing, is a marketing strategy for the sale of products or services where the revenue of the MLM company is derived from a non-salaried workforce selling the company's products/services, while the earnings of the participants are derived from a pyramid-shaped or binary compensation commission system.
In my event, Beyond Leadership: The Art of Becoming an Ultimate Influencer, I will give you the kind of high level coaching that will lead you to become an influencer and take your business to the next level. This event covers all of the skills, strategies, and mindset unique to high income earners. When you leave, you will have a detailed game plan for your company to grow and succeed. This is NOT training on the 7 skills of Network Marketing. At this event, we’ll go beyond those skills and discuss the strategies and mindset needed to become an influencer.
Draw up a business plan. When you have a few potential companies in mind, write out your plan for building and expanding your business. Even before you've officially aligned with a company, it helps to have this plan figured out early. Thant way you can hit the ground running when you do eventually start at a company. Keep these things in mind when designing a business plan:
GoDaddy is a great place to start when you finally determine what domain name you want to purchase. They often run deals for 99cent domains, and have a hosting service as well (although I don't recommend it). I highly recommend their affiliate program as well, since they pay out recurring commissions on purchases. Don't forget, once you have your domain purchased, access the domain manager function inside GoDaddy and forward your domain nameservers to your hosting account!
Not only does a display network allow you to place advertisements, but you can learn about your customers through rich media ads, such as the amount of time that they spend interacting with your advertisement. This tool helps measure interest in your products and provides a visual that encourages potential customers to learn more about your products or services.
If your MLM specializes in consumable products, such as vitamins, buy sample sizes to hand out to prospective retail customers and distributors. If you sell large non-consumable items, like air purifiers, have one on hand to lend to those interested in your company. Before prospects invest time and money to purchase your products or join your business, sell them on the superiority of your merchandise. Attach business cards to your samples and ask your prospects for contact information. Call them after a couple of days to ask how they liked the product and to take an order or schedule an appointment to tell them more about the business.