Tim Singleton's Blog

Earthtiger Networking

Category: MLM

MLM Leads: Online Generation Is Necessary

MLM Leads

MLM leads generation is job one for the budding or beginning MLM’er or network marketing person.

First of all, I am surprised some companies will forbid their distributors to use the Internet to market their product line or to build a team. Furthermore, I question their commitment to their distributors success. Why do I say such a hard thing? I am a nice guy, after all.

Having A Company Means Having An Internet Presence

Because this is the 21st century, having a company means having an Internet presence.

Oh, sure, they may give them a sign up page or an online catalog.

Guess how much traffic Google refers to them.

  • Zero.
  • Zilch.
  • Bupkis.
  • Nada.

Unsolicited opinion here: No matter how good your product line may be, no matter how good your line of services offered you have to have leads, period.

Since the share with your ‘friends and family’ plan results in such a high failure rate, it seems to me that taking advantage of the Internet would be as natural as breathing. Therefore, anyone standing in your way of using that resource needs to be re-evaluated as to what they bring to the table in terms of you building your business.

Your company wanting to prevent you from using the Internet means you should sit down and consider just how devoted you are to it.  Most of all, your should think about the company’s level of devotion to your success.

The company’s business plan is built on less than 1% of their distributors succeeding while 16% or 17% of those failed distributors hanging on as customers since the product itself is generally.

There are tons of businesses out there who encourage the use of the World Wide Web.

Why?

Channels For Generating MLM Leads Online

Marketing Channels

This is hardly an exhaustive list.

Being Online Solves Problems

It solves the problems folks hate most about multi-level or network marketing. When you market online rather than trying to arm bar a family member into a sale it is lot less stressful.

Due to your using the Internet to generate MLM leads, folks who you look for, your target market, will start finding you. As a result, you will no longer have to:

  1. Have home parties.
  2. Engage in cold calling.
  3. Keep inventory.

MLM lead generation is just more fun when done online.

MLM Lead Generation

Paid for leads or using the awesome amount of free MLM leads sources, that is the question. The simplest answer is I suppose, “It depends on your budget.’

You can do both, of course. If your budget allows it, I very much recommend you do some paid advertising.

Don’t despair if your current budget cannot carry advertising costs. Here’s why.

In network marketing leads lists are one of the very first things new folks get excited about.

“Wow, a million names for $49.95! If I only get 1% response I am retired!”

-Newbie who 2 years later has yet to receive an override check in the double digits…from someone else’s purchases who is not related to him.

Cheap MLM Leads Are Worthless

So, what to do?

  1. Save your money.
  2. Fill up your gas tank.
  3. While there, grab your favorite beverage in case you get thirsty.
  4. Go cruise through the neighborhoods in which you dream about living.
  5. Visit a car dealership. Have you seen the latest Corvette? Chevrolet is really back on track with that one.

Because you did the above, or something like it, you will be inspired. As a result, you will find yourself spurred on to doing something truly productive, like doing a little keyword research and writing a post on your blog that actually solves someone’s problem.

Okay. Done with the ride? All refreshed? Great.

Solving folks’ problems or helping to inspire them to keep going in what may seem to them to be hopeless circumstances is how you generate MLM leads. Daily.

Yes, that is an oversimplification.

In conclusion, I am saying, “Don’t throw money down a hole.”

While there is that old saying, “It takes money to make money,” it is a bit misleading. It takes SMART money to make money and your using your time and money to generate your own MLM leads is you being smart.

Consequently, the leads you generate from creating useful valuable content that solves problems for you readers, you will be generating free,targeted leads of folks who have developed a level of trust in you that will lead them to buying from you goods and services that solve their problems or fills their needs.

Best Regards,

mlm leads

 

 

 

 

Tim Singleton

Because training from successful folks is necessary for you to succeed, you want to start with the best. Therefore, you should go here to learn from the best.

 

Network Marketing Tips That Are Tried and True

Network Marketing Tips

Network marketing tips is one of those subjects that gets trotted out when you have a conversation with someone who asks you what, exactly, it is you are doing to build your business. It can be MLM, or networking if you prefer, affiliate marketing or actual physical products.

Today we will stick with network marketing tips.

Today I will cover 10 network marketing tips, in no particular order.

  1. Visualization
  2. Look for ways to serve.
  3. Respect and value your job.
  4. Be loyal to yourself and your product line.
  5. You need customers, too.
  6. Focus. Pick one method, a single channel, to master.
  7. Respect other people’s businesses.
  8. Work everyday.
  9. Always tell the truth.
  10. Providing pain relief is your purpose.

Tip #1 Visualization

Lots of folks resist this and I do not know why. You would think it the easiest thing in the world to do, but it is not. While I don’t know the reason for the resistance to this, I do know of a story that is perhaps applicable in understanding the human critter.

Moses had just led the Israelites out of Egypt and was moving them on towards the Promised Land. Now, during this journey the Israelites got up to no good from time to time and there were various trials sent amongst them to remind them to get back on the correct path.

One of those trials was a plague of fiery serpents.

Now, I am not exactly sure what a fiery serpent is, but I do know from the story they were venomous.

Moses prayed to Jehovah to deliver the people from the serpents and was told to fashion a bronze serpent and raise it up for a standard to the people. All the people had to do was look upon the brass serpent and they would be healed.

Do you know that a lot of people died simply because they were too hardheaded to look up at that brass serpent?

Learn to Visualize

If you cannot see where you are going, you will not arrive. This is true on the highway and is true on the highway of life. This goes under the heading of definite purpose in life. You have to have definite, specific goals and you need to see them as realized goals while writing them down.

Goal setting means you are visualizing as you decide. Visualization and goal setting go hand in hand.

Tip # 2 Look for Ways to Serve.

Network marketing tips are sometimes disappointed in their simplicity. Often when folks ask for tips what they really want is for someone to tell the ‘secret’ to sudden success because they want to be able to quit the job that they hate so much.

…on Monday morning.

You could be in one of several places in your career as a networker:

  •  A fresh, dewey eyed newbie.
  •  Successful professional networking professional with a growing team.
  • Once again about to burn out and take some number x sabbatical from networking

Get your mind off of yourself for a bit. Consider what important lessons you have learned on the way to where you are. Think about how those lessons can be of benefit to others. Find ways for them to take advantage of lessons you had to learn the hard way.

Come up with a Top 10 or even just a Top 5 ‘List of Things I Wish I Had Known When I Started.’

There is your next blog post or your next ice breaker if you do the prospecting thing in person.

Point is, look for ways to help others with their business whether they are in your team or not. Taking the time to help others is a sure fire way to expand your own knowledge, too. It will probably expand your subscriber base.

This is the essence of Attraction Marketing.

Tip #3 You Need to Respect and Value Your Job

In the preceding I am speaking about those in search of the key to their ‘freedom.’

Why in so much of a hurry? You were glad to find that job when you did. I suspect it not an over exaggeration to say you got home from your first day of work with quite a spring in your step.

What would you do if you woke up in the morning and did not have that job you so despise?

network marketing tipsInstead of dragging yourself to work Monday you are going to go in cheerful, full of energy and glad to be there.

That job pays your bills and funds your campaign to be free.

You will not be able to get free unless you get up and get to work.

In Napoleon Hill’s original work, ‘The Law of Success In Sixteen Lessons,’ Lesson 8 is called ‘The Habit of Doing More Than Paid For.’ That habit gives you the ability to take advantage of the Law of Increasing Returns.

The quantity and quality of the extra service you render will come back to you greatly multiplied. Consider the farmer who plants a crop of wheat. If he harvested only one grain of wheat for each grain he planted, he’d be wasting his time. Instead, every successful grain produces a stalk or a sheaf containing many more grains. Of course, a few don’t sprout, but whatever problems a farmer may face, getting back many times more wheat grains that he or she planted isn’t one of them.

-Napoleon Hill

So,

  1. Do your job
  2. Respect your job
  3. Be grateful for your job
  4. Do more than you are asked to do so The Law of Increasing Returns can start working for you.

Tip #4 Be Loyal To Yourself and Your Product Line

It should not have to be said, but, as with most important lessons in life humans are slow to get with the program.

Don’t you be one of them.

Whatever your product line is, you need to be loyal to it.

You don’t see a Ford dealership owner driving a Corvette, do you? No, sir. It will be a Mustang or nothing.

Your own products and services should be your first go to point when trying to solve a problem. It is easier to sell what you yourself use.

Tip # 5 You Need Customers, too

Too many distributors neglect to build a customer base.

They are so busy trying to get to the end of the line they forget that moving products and services is what generates profits. You can sign up a thousand distributors in Sally’s Just Super Soap Suds opportunity.

It won’t matter if no one is buying any soap.

Tip # 6 Focus

Of all the network marketing tips that I have collected over time on stands out.

Network marketing tip extraordinaire: Pick one channel to start.

My Lead System Pro is a training company for networking professionals of all levels. The very first thing they tell you is to pick one marketing method and master it.

Pick one.

What do folks do? They see all those marketing channels and resources and they immediately create IDs across 20 or 30 social media platforms and try to build a following on each.

Monday morning is only 4 days away, see?

Tip #7 Respect Other People’s Business

Don’t be a thief. Trying to build your business by scavenging distributors from others’ businesses is just not gentlemanly.

If you think living by the law of the jungle is the way to go, you don’t understand this business and will soon fall prey to your own tactics.

Tip # 8 Work Everyday

Earlier on one of the network marketing tips I gave you was to respect your job.

If you want to succeed in your business, and you do, you surely do, then everyday you give your business the same respect your give your job.

You:

  • Work every day.
  • I try to make myself work 40 hours a week on my business. Not always possible as I still have a job. The more hours you put in, the faster you can reclaim the 40 you are now giving to someone else.
  • Do two marketing activities, everyday.
  • Interact with folks online, everyday.

Tip # 9 Always tell the truth.

It may cost you in the short term. So what? You gain nothing from being less than 100% truthful.

  1. Exaggeration helps no one.
  2. Our business has a track record that makes it unnecessary.
  3. If you always tell the truth you don’t have to remember who you told what.

Tip # 10 Provide Pain Relief To Your Readers

With all the uproar in society lately, you hear a lot of talk about speaking truth to power.

Speaking to people’s pain is how you begin to build a relationship.

Showing them the pain reliever is how you prove to them you are interested in their business, their success.

This makes people buy.

Because learning to speak to people’s pain gives you power in this business. As a result, your list will grow. Folks will come to you, seeking you out for answers and aid.

If people are not succeeding, it is because of lack of industry and work or a lack of education and experience. Both of these sets of problems are solvable.

Providing content that provides actionable information that can help your readers in their lives, their businesses or both to prosper and move ahead you are building a relationship with that person.

Finally, when they buy, from whom do you think they will seek advice and spend money with?

Hope these network marketing tips helped. I would be most interested to hear how they have helped you.

Best Regards,

network marketing tips

 

 

 

 

Tim Singleton

MLM Companies: YOUR Success Odds

Your Odds of Success With One of the MLM Companies

MLM Companies will all tell you their pitch about why their opportunity is the opportunity. Theirs is the opportunity for the ages.

So…

  • You’d better join now.
  • You’d better join today.
  • If you don’t join now your friends and family may join and you will miss the opportunity for them to go under you.
  • They are running a special on your expanded product kit and you don’t want to miss those HUGE savings!
  • …and blah, blah, blah

Take a breather; take a beat.

Worry about absorbing the information I am about to give you; forget about making any buying decisions for a little while.

Oh, yes, I almost forgot. Your odds. Odds are small that you will succeed. Odds are less than 1%, in point of fact. So you can quite comfortably blow off all that high pressure stuff you hear.

Why Do So Many Folks Try To Work With One of the MLM Companies?

Simply put the reason so many try is because the potential reward is high and the up front investment is low, especially when compared to something like a McDonald’s franchise.

$300,000 of non-borrowed personal resources to consider you for a franchise.

Now, I have read in some of the hype considering a McDonald’s restaurant that “it is almost a license to print money.” That is a direct quote and I wish I could give you the source but that has been a long time ago. It stuck, mainly because I doubted its veracity. I also recognized it for being an effective marketing quote, too.

Here is something for which I can give you my source. It is also something I believe to be true:

What it takes

“McDonald’s doesn’t confer success on anyone. It takes guts and staying power to make it with one of our restaurants.

A total committment of personal time and energy is the most important thing. You must be willing to work hard and concentrate exclusively on the challenge of operating that restaurant.

– Ray Kroc, Founder

My question to you is, “Is there any business for which this would not be true?”

No, I don’t think so.

Also, it brings up the question of motivation to succeed.

Why Are The Odds So Bad?

If you drop the price of a house on a business opportunity you are going to be there are 4:00 AM everyday making damn sure whatever needs doing gets done and done right.

If you drop the price of a nice meal or two on a business you might skip the phone calls you need to make because you want to watch the game instead.

Do you think that this low entrance bar might, possibly, just maybe, have something to do with the high failure rate amongst those who sign on with MLM Companies?

Think about it.

So, to sum up, what you are looking at is $500 more or less for a business opportunity that has a clear, proven track record compared to $300,000 for a top tier, proven but not guaranteed business opportunity.

It is my belief that the low entry bar is the reason for both the high number of attempts and the high failure rate. The low fees lead to the tire kicker, the looky-loos, the let’s-see-what-happens and the less than 100% committed crowd signing on and screwing up the real stats as to how many of those who truly try succeed.

Regards,
mlm companies

 

 

 

Tim Singleton

The Karatbars affiliate program is the business I am building.  It is free to become an affiliate. Sign up for free and start promoting your link today.

My Lead System Pro is the training program which I use and to which I refer my distributors as well as my good friends who are involved with other companies.

MLM

MLM

Definitions of MLM

MLM is defined by Entrepreneur as a synonym for network marketing which it then defines as follows:

A business model in which a distributor network is needed to build the business. Usually such businesses are also multilevel marketing in nature in that payouts occur at more than one level.

So, MLM is a type of direct selling that rewards a person not only for their personal sales but also in some fashion for the sales of others who are interested in marketing the products. This can be as simple as a 50% commission on the first level and 25% on the next to some compensation plans so Byzantine as to be incomprehensible to the average person.

MLM is referred to variously as:

  1. MLM or Multi-level Marketing
  2. Network Marketing
  3. Referral Marketing
  4. …as well as a less than kind moniker of pyramid selling, which is undeserved.

MLM: Some Harsh Realities

Most companies marketing their products through an MLM sales force build their business on a couple of simple statistics.

Now, I want to qualify this as my opinion on the subject but the statistics made sense to me and answered a lot of my questions.

I sat in confusion wondering at the abysmal failure rate of things that appeared to offer superior products at competitive prices. In many cases, offering products that were either not offered elsewhere or offered in very few places.

In any case, here are some facts about MLM:

  • Even when assuming you are marketing good products and services at competitive prices, and generally you are, more than 98% of new MLM entrepreneurs will fail. 
  • Something like 28% of those folks will continue to buy the products even after they stop promoting the business opportunity.
  • That 28% turning into long term repeat customers is at the heart of the MLM company’s business plan.

You, as an entrepreneur, cannot afford to run your business with a business plan that results in a 98+% failure rate.

Warm Market? Do It. Don’t Depend On It.

Everybody does it.

Few profit from it.

You still need to do it because you simply never know.

What am I talking about? Making a list.

You need to make a list of possibly interested parties, both those of being customers and those who might want to be in business with you. That list could include:

  1. Family
  2. Friends
  3. Co-workers in a careful not to do it on company time manner
  4. People with whom you do or have done business. You spend money with them? They should spend money with you. If not, look for a new service person in that area.

This is especially true if you are brand new to the MLM world and have not taken a swing at your warm market with other businesses in which you did not prosper.

If you, like me, went through a number of business opportunities before finding what you see as a true fit then go back to your warm market later.

You have to learn to market, not sell.

No, they are not the same things.

YOU, Inc.

It bears repeating.

It also bears italicizing, bolding and underlining.

MLM companies come and go.

Your business has to be founded on you as a go to person for good products and services, not as just another rep for the latest Miracle Product MLM.

Keep that in mind as we talk about marketing versus selling.  For the MLM aspirant, Attraction Marketing has been a heaven sent miracle.

Attraction Marketing

Attraction marketing for the person in multi-level or network marketing addresses up front a couple of realities:

  • A stranger has no particular reason to choose to do business with you over someone else.
  • If you are in a blue collar job you have to ask yourself why would your friends and relatives all of a sudden turn to you for advice and follow you into your business?

Attraction Marketing is the tool that allows you to build relationships with people so they will have a reason to trust you and go to you for business solutions.

The Statistic You Have Been Looking For

The typical 40 year plan involves you working for someone else’s dream with you needing or choosing to go through 7 career path changes.

While it is true that 98% of the people who start out in network marketing fail, if you stay with a network marketing company for over 10 years, you have a 90% chance of being in the top 1/10th of 1% of money earners.

Read that again:

If you stay with a network marketing company for over 10 years, you have a 90% chance of being in the top 1/10th of 1% of money earners.

98% of those starting out fail because of lack of knowledge with pockets too shallow to ride out the mistakes that are inevitable for the inexperienced and uneducated person.

Two Choices

You have two choices as I see it.

First, you can set aside a lot of money and time to bulldoze your way through the learning curve that is painful. It will be worth it. I do not regret my days of wandering in the wilderness. I am sincere when I say it polished my character.

Second, you can take advantage of the training programs offered by those who have gone before.  Go here to learn about the most successful Attraction Marketing system that I know of.

They won’t do the work for you, but they will surely show you the work that needs to be done and help you avoid the busywork that needs to be abandoned.

Best Regards,

MLM

 

 

 

 

Tim Singleton

Multi Level Marketing

Multi Level Marketing

Multi level marketing has always been to me the best possible combination of independence and potential reward. Its draw to me has always and will remain the fact that your income potential is unlimited and provides me with the possibility to earn my current annual income in a month.

…or a week.

Now, the realists amongst you will quite possibly have an involuntary eye roll.

That is quite alright. I know enough folks personally who make six figures a month that the eye rolls roll right off my back and the backs of those who know.

Controversy and Claims of Scam

Is it a scam? Depends. If you are referring to the multi level marketing field as a whole then no, no it is not. Multi level marketing, or networking as it is also called is a perfectly legitimate business model that, as I understand it, urban legend says was developed at Harvard.

To give Harvard their proper due, there is no evidence that I have found that it was ever developed, taught or recommended at or by Harvard University. None of which has jack to do with those checks clearing from your business.

-the author

Because I wanted to give it proper emphasis, I set the above apart in a block quote. The business model is sound and does not need any of that supposed magic dust of credibility Harvard tries to associate with its name.

Multi Level Marketing as a business model is quite able to stand on its own.

Whatever the case as to where it originated may be, multi level marketing has fed a lot of families, gotten a lot of children through school without loans and is one of the top 4 sources of millionaires in the United States.

Here is a definition given by wikipedia:

Multi-level marketing (MLM) is a controversial marketing strategy in which the sales force is compensated not only for sales they generate, but also for the sales of the other salespeople that they recruit.

The term controversial makes me itch in my short hairs, but, truth is it indeed is controversial. I suppose the main reason is that it is so very difficult to succeed.

See, multi level marketing is not like other fields like real estate, neurosurgery and sales of things like insurance and cars. In those fields all you do is sit at your desk while folks bring you coffee and ooh and aah over all those big checks they bring you throughout the day.

Dear me, I do believe my S-Tourette’s Syndrome just flared up. Sarcastic Tourette’s Syndrome is a serious health issue, you know.

A Better Definition

A better definition to me is this:

Multi Level Marketing allows you to set up your own business for very little money. The point of this business is to sell products and services, either your own or another companies for a profit.

Those profits are likely referred to as commissions, overrides or referral fees as well as a number of other terms. Whatever it is called it is always cold hard cash that can take the edge off of a tight budget.

You develop a relationship with a company so that you have products and services for your business to sell at a profit. While you are building your customer base you may also run into others who are interested in doing as you are. They, too, want to own their own business and can sign up with the company you are representing.

When they decide to pay their fee to the company in order to sell their products you may or may not receive a part of that fee. You generally will receive an override on all the customers they create for the company as well as an override on any individuals who they help start their own business. Percentages and to what levels they are paid are all over the board.

Multi Level Marketing Is A Business

It is not a get rich quick scheme.

If that is what you are looking for, keep looking. Professionals in this field don’t have time to fool with folks looking for a short term solution to their long term problems or patterns of bad choices.  You will sign up, realize that your dragon, whatever your dragon may be, is still breathing hard down your neck and you will panic, looking elsewhere for that quick fix.

Please, save them the wasted time and yourself the wasted time and money.

I hate to say it, but other than God putting opportunities for you to work in your road and you paying attention so that you recognize them when they come, no one is coming to rescue you.

It is not an easy business in which to succeed.

The numbers are, generally, that less than 1% will make it into the big money ring and be able to work from home.

Now, it is my opinion, from what I have seen and observed, that the reason for that is because folks will not bear down and treat their business as a business. This is not a hobby. You need to plan your work and work your plan.

Plan your work and work your plan is not just a clichè.  It should be one of the first three pillars of your business, that you will come up with a plan based on best possible knowledge and principles and once that plan is formulated you will carry it out. Daily.    -the author

You need to be focused. This is not a hobby, not a past time, not a thing you do when you have time. Your wife, your husband, your kids, your friends… they all need to understand this is your business. They will respect it to the degree you respect it.

Best Regards,

multi level marketing

 

 

 

 

Tim Singleton

Making it to the money ring in multi level marketing does not happen by accident. Check this out to see the system that has created success story after success story in our chosen profession.   -Tim

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