Choosing a Network Marketing Program That Works

Published: 26th November 2010
Views: N/A
Ask About This Article Print
Network marketing has been around for more than 60 years. Network marketing (also called multilevel marketing, referral marketing) is a system of marketing that companies use to market their products, and which involves independent representatives (network marketers) networking with others to promote the products being sold. Network marketers use methods such as retailing, marketing online, cold-calling, direct mailing, and selling to friends and family to push out products and conduct recruitment of downlines.



Compensation to marketers is in the form of a commission which is scaled according to the value and quantity of product sold. The allure of network marketing is that marketers can recruit or sponsor other marketers, who will be enlisted as their downlines. A marketer can then make more money by being paid a portion of the commission of their downlines’ sales efforts. As such, with a little capital investment, and a little effort at recruiting a downline marketer, the pyramid effect can increase a marketer’s earnings.




Many companies have put it to good use by offering their network marketers generous compensation packages in exchange for pushing their products out into the marketplace. However, there have also been many sad stories. Many participants in network marketing programs

have been hit hard by poor products, poor compensations and outright fraud by many companies who do not deliver on their promises. This is further compounded by the fact that less than 5% of network marketers actually enough money to make their efforts worthwhile.



There is a plethora of network marketing companies out there ranging from communication services to nutritional products and skin care companies. With so many companies to choose from, how do individuals interested in network marketing select a good program that will fulfill their goals of making more money with little stress?



The first step is to look at the company offering the opportunity itself. Certain criteria must be met by any company whose product you want to start marketing.


1.) The management of the company must be made up of honest individuals with integrity. Does the company stand behind their products? How long has this company been in business? Do they have a

good track record that is attested to by successful marketers and users of their products?



2.) Is the product offered by the company one that will stand the test of time? Will it still be relevant in the next twenty years? Products centred around the human needs satisfy this criterion. That is why companies marketing nutritional supplements have been around for a long time because their products are in demand, and the human body will always need nutritional supplementation in today’s fast-paced world.



3.) Is the product special? Does it offer value for pricing? Can it be afforded by a lot of people?



4) Is the company’s compensation plan a fair one? Does it offer early payouts? Does the plan for compensation make it easier for marketers to start earning quickly? Are the payouts generous enough to make it worthwhile, even for part-timers? You do not want to join a system that has to take forever to get a payout of $6.26. That is not cool at all.



5.) Does the program use a proven system that works? Are there coaching and training programs for beginners to help them succeed? Is the system duplicable? Does the system address issues that confronts most beginners such as rejection, not having an appropriate and convincing sales pitch, shyness, etc? Power Wave Marketing has a direct mailing recruitment system that has been shown to work and has received endorsements from renowned masters of marketing such as Robert G. Allen.



A system must be duplicable. If not, how does your downline recreate your success to make them (and ultimately you) successful? Inability to duplicate a system is a major cause of why 96% of network

marketers fail. People are different. Some have the knack to make cold calls, speak to complete strangers and get them to register as downlines in a single meeting. Majority are scared to even approach neighbours they have known for years with such a proposition. Some can take "NO" for an answer several times a day and still press on as if nothing happened. Some just recoil into their shells, and stuff their marketing pack into their junk pile at home forever.



But when there is a system that can be duplicated by anyone, and is structured to work for everyone no matter their skillset or personality type, it makes selling and recruitment of downlines a lot easier and leads to higher earnings.



Power Wave Marketing Inc. is a network marketing company based in San Jose, California. The core business of this company is network marketing using a mail order style of prospect recruitment. In this form of marketing, the network marketer sends a promotional flyer with an attached form for a prospect to fill. On filling and returning to Power Wave Marketing Inc, a free non-obligatory

informational pack designed to convince the prospect to enrol in the network marketing program is sent to the prospect, and successful enrolments are credited to the marketer who sent the initial

promotional yellow flyer.



This method of network marketing has been shown to deliver better results in getting downlines and selling products. It also takes away the face-to-face meetings which majority of network marketers

dread and takes care of the sales pitch. This method of network marketing has received approval from successful authors and marketers such as Robert G. Allen.



If you are looking for a work-from-home opportunity that works, then Power Wave Marketing Inc’s network marketing program is the solution for you.



Generally, there are a few habits network marketers should also imbibe to make their campaigns successful.



1.) Set and write goals for your network marketing business. Put them up where you can see them daily. Psychologists say that the law of attraction works; that what you see and visualize, you attract into your life.



2.) Do something, anything, right away. Take action. When you take action on something, you have raised your chances of success from 0 to 50%. When you do nothing, your chance of success stays at 0%.



3.) Stay positive. Read and listen to positive material and hang out with people who will encourage you rather than throw cold water on your ambitions.



4.) Expect NOs as they are a part of network marketing business.



5.) It takes time to build your network and start reaping the rewards. Don’t expect to join a company and start making money straightaway. Cultivate the habit of patience.



6.) Always follow up with your prospects. Many people need to be gingered repeatedly before they act on your invitation.



7.) Be honest. Do not promise what the program cannot give as a way to convince prospects to join. That is deception and deception kills business very fast.



8.) Help your downlines as their success is your success.



9.) Don’t waste time on prospects that are negative. There will always be naysayers.



10.) Don’t quit. Success in this business takes time and patience. Only those who stay true to the end will make it.



Power Wave Marketing offers a great duplicable system that helps their network marketers make money. Check them out.

This article is copyright
Source: http://legsceo.articlealley.com/choosing-a-network-marketing-program-that-works-1870934.html


Report this article Ask About This Article Print


Loading...
More to Explore
 


Ask a Professional Online Now
27 Experts are Online. Ask a Question, Get an Answer ASAP.
Type your question here...
Optional:
Select...