Network marketing is hard. Do not even attempt a home based network marketing venture unless you either have or plan on putting into place a highly potent and highly duplicatable network marketing system geared for 2005 and beyond.
Before I tell you what a billion dollar network marketing system should look like letís talk about what doesnít work. As Iím sure you probably know, network marketing is notorious for having a 95% failure rate. Letís talk about why.
Have you ever heard of Occamís razor? Basically it states that simplest explanation for a phenomenon is usually best. Weíll use this theory to explain why 95% of network marketers fail. Ready? Most network marketers fail because marketing methods that they are taught donít work 95% of time. Pretty simple right?
So weíre led to ask logical next question, what are most fledgling network marketers taught?
Well, I can only speak from my experience, but what I was taught was to buy and cold call leads. Now, Iím not going to say this doesnít work, but I will say is that after six months of cold calling leads for 3 hours a day with very little success this tactic doesnít work most of time. Donít get me wrong some people are very good at cold calling leads, but most people arenít. So what happens to most people after theyíve spend thousands of dollars on leads with very little success after six months? They give up.
Additionally, another factor contributing to why most network marketers fail is leads they use. Why does type of leads make a difference?
Business opportunity leads are generic. The leads answer an ad that just asks them if they want to be financially free, or make money from home. Well, of course they do, but that doesnít mean they want anything to do with YOUR network marketing program. When average network marketer calls these generic bizz opp leads leads donít know anything about network marketerís business and for most part really donít care. This leads to fledgling network marketer hearing a lot of NOís.
Hearing NO all time leads to quite a bit of self doubt, both about network marketers own ability and validity of their association with their network marketing company. Negative feelings begin to harbor and as I said before eventually network marketer gives up, usually with 3-6 months.
Thatís basically why 95% of network marketers fail if you asked me.
So how do we change this paradigm?
We build a Billion Dollar Network Marketing System! Now we get to good stuff! What does a perfect network marketing system look like?
For average home based network marketer to be successful certain thing MUST be in place. I will list them here:
ēLead capture page designed specifically for specific Network Marketing Company:
This page must contain strong sales copy that tells prospect why he wants to opt in for more information. The best way to do this is to offer a High Value Free Report in exchange for there contact information.
ēFree Report specifically designed for Network Marketing Companies Opportunity:
The free report must be highly informative. It must explain all of features and benefits of joining network marketing organization as an independent distributor and must focus on support and resources available to new recruit should they choose to purchase a distributorship. The companyís products and compensation plan must be clearly explained here as well. If possible, testimonials should be used, as they are extremely powerful sales conversion tools in this portion of sale process as well.