Oct
It is an open secret that in network marketing today the failure rate is above 90%. How can that be?
Most people who join a network marketing business join a network marketing opportunity as they are excited either about a product or about the chance of “owning their lives”. They sign up as they trust the person who presented the opportunity to them.
They start their work full of enthusiasm and follow the instructions they get from their sponsor, if they get any at all. Mostly it will be things like”make a list of friends and family and buy leads.
Let’s go for buying leads first – that is a treacherous way of doing anything as to be on the legal side you need to have leads who opted into YOUR offer. I someone reports you as spammer you need to be able to provide the opt in details and the opt-in IP.
Making a list of friends and family may work for some if they happen to have people around them who have a similar mindset and similar needs. It doesn’t work at all of they have their own different jobs or businesses which are totally unrelated to marketing.
Just imagine you want to have your house painted – would you advertise for doctors to do so? Well, you may laugh but that’s just what it is if your friends and family are not at all interested in anything like network marketing it is hopeless to perhaps try and talk them into it. Just as un likely as having a doctor paint your house.
Another big topic will be the company you join itself.
- Which kind of a commission plan do they have?
- How many and which hoops to you have to jump through to qualify
- What are the policies and procedure like – are they only for the company and without consideration for you?
- Are their products fairly priced?
These are just 4 critical points you need to look at. Most people may require education to be able to read a commission plan or the legal text of the contract so don’t feel bad if you are having a hard time going through this material. That is why mentoring for free is available online – an organisation of volunteers who set out to help.
You may find lots of training online on how to build a business and there are many people who have quite good knowledge on how to work, like:
How to build relationships.well, give support to your team, help them on all levels, etc.
However, if you are an average person the best training in the world will not make you a real winner if the cards are stacked against you
and you have missed out on investigating if the company you have joined is the right background for achieving your dreams!
To Your Success
Frieke Karlovits
A Mentor With A Servant’s Heart
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Tags: a mentor with a servant's heart, Commission Plan, Frieke Karlovits, network marketing opportunity, network marketing today
4 Responses so far to "Network Marketing Today – Are The Cards Stacked Against You?"
October 12th, 2011 at 21:42
Again more important valuable information.
Making a list of family and friends. Why oh why do so many still promote this dinosaur technique? It has not worked for years.
Darlene
October 12th, 2011 at 22:47
I guess the new ones don’t know that the information is old and outdated and the old ones don’t know anything else unless they are willing to get educated
‘Frieke Karlovits
October 24th, 2011 at 00:43
Frieke, I read this post again, it was so good. I picked up on a few more very valuable points that you lay out in this article.
For instance:
” 1. Which kind of a commission plan do they have?
2. How many and which hoops to you have to jump through to qualify
3. What are the policies and procedure like – are they only for the company and without consideration for you?
4. Are their products fairly priced?”
I have to wonder how much more success some may have if they would ask these simple questions…and GET an ANSWER!!!
~Darlene
October 24th, 2011 at 19:39
Great we agree Darlene
Frieke