What do you think are
keys to earning BIG BUCKS on
Internet?First, let's break this down into two categories. Category #1 entails offering an extensive line of products, extensive services, departmentalizing your web design, accounting, billing, shipping, receiving, marketing, sales, inventory, personnel management, staffing, administration...
Whoa! What is this? I am not a corporation! I'm one person with a PC in my bedroom, screaming kids, barking dogs, a skeptical spouse, a regular job, and two hours between
kid's bed time and mine to try and make a difference in all our lives.
So, what's category #2?
Category #2 is affiliate programs or MLM.
Ok great, but what are
keys there? Actually, they are almost
opposite of
keys to success for
category #1 business. There are 3 main points, and each intertwines logically with
other. Here they are.
LOW INVESTMENT
Part of
magic of network marketing over
Internet is how little it takes to get started. In fact, it's a mistake to have a large initial investment. The vast majority of MLM programs cost no more than $50 to join. In real world terms, starting a business for ONLY $50 is unheard of! On
Internet, however, it's a reality. Many programs pay commissions of 40-50% on referrals as well, making a return on your investment incredibly fast.
So why dump a large investment into a program BEFORE you can see how well it will work for you when you can start much more easily with little to lose? Besides,
BIG Bucks do not come from ONE sale, but multiple sales generated by a large network in your downline, and that large downline is much more likely to develop if
initial cost to joining your program is a small one.
GEOMETRIC PROGRESSION
The real key to success in network marketing is through a successful downline. If you are a great recruiter yourself, you will do better than someone who isn't, but even still, there is real POWER in
mathematics of geometric progression in a network. Ideally, each person you recruit joins others in
next level under you, and they in turn create
next level beyond that. The numbers per level grow exponentially so long as each member that joins also refers others. Again, low investment is one key that will ensure all referrals will in turn gain referrals themselves.