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There was a time when Multi-Level Marketing was a dirty word to many people. It conjured up images of uncle Eddy inviting neighbors over for dinner only to hound them mercilessly to join his organization.
The Internet and America’s sharp move toward home-based business has changed much of that. Today MLM companies have huge operations that rival any of America’s large corporations. Members don’t have to bug friends and neighbors because they can find plenty of opportunity seekers online.
I’ve watched the MLM industry for years. Lots of people don’t make money at it because–surprise–they don’t work very hard to make their business a success. On the other hand, I know plenty of folks who worked with determination and were earning six figures within a few years.
Here are some things to consider when setting up your MLM business:
1. Consider how much the business will cost you each month. If one opportunity requires you to buy $50 in product each month while another wants you to purchase $200 in product, pick the one you can easily afford month after month.
1. Get into a business that sells consumable products or services. You want customers who use it up and come back for more month after month. Repeat product sales is where the big checks come from.
1. Come up with a marketing routine that keeps you motivated. Talk to people you meet, network online, send out postcards, talk to groups. Find what works best for you, then do it, do it, do it long after anyone else would have given up. In business, being stubborn is an asset.
See Kevin’s All-Out Promotion Package that gives you five ways to reach tons of new customers. See it at http://drnunley.com/marketing_plan.htm Reach Kevin at mailto:kevin@drnunley.com or 801-328-9006.
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