4 Real Life Tips to Expand Your Network Marketing Business

 

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Expand Your Network Marketing Business

You can find a lot of methods on the net, that are  promised to help you to expand your network marketing business.

The problem is that not all of them work in real life.

I want to give you some proven tips, that will truly help you to achieve desirable results if you take them seriously.

Tip #1: Don’t Prejudge – Restrain Your Enthusiasm

Most people, having gotten involved in the network marketing business the first time, make the same mistake – they mentally create two lists: one of those who will, in their opinion, surely share their enthusiasm and join them in this venture, and another of those who, also in their opinion, stand no chance to succeed in it.

As I’ve said, this is a big mistake.

All successful network marketers tell, that most often the reality is just opposite.

Why?

Nobody knows.

So, just don’t prejudge.

Tip #2: Don’t Set Up Unrealistic Expectations

Because setting up unrealistic expectations leads to the feel of frustration.

Don’t get addicted to outcomes.

Don’t try to convert every conversation into a sign-up.

Network marketing is just a numbers game.

Concentrate on presenting of your business to more people.

Don’t try to convince wrong people to join you – they won’t help you to grow your business.

Tip #3: Make Things Simple

Don’t transform initial conversation with your prospects into a full-time performance about the network marketing industry in general and your company in particular.

If you’re talking more than 4-5 minutes, you’re probably talking too much.

And don’t ever start with phrases like these:

  • This is a ground floor opportunity
  • They have a terrific compensation plan
  • We’ll make a fortune very fast
  • This business is right for you

Your prospects think, that anything you do, they will also have to do.

Don’t scare them.

They should feel right from the beginning, that they are able to do the same, and without being perceived as just an another annoying salesperson.

As a brand new marketer, you should rather be an inviter than a presenter.

Invite your prospects to a presentation or show them an introduction video.

“I don’t know if it’s right for you, but I’ve been recently introduced to a very interesting and promising business…” wouldn’t be a bad thing to start the conversation with.

Tip #4: Don’t Try to Be a Superstar

Yes, if you’re an excellent salesperson, you can achieve great results in recruiting, but not necessarily in building a business.

Because in network marketing, everything is about duplication.

A superstar is hardly to be duplicated.

Building the network marketing business is not about being a superstar, but on the contrary, it is about following a proven system, that anyone could follow.

Remember, duplication, duplication and duplication – this is the key to the successful growth of the network marketing business.

 

 

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Network Marketing Tips, That Are Often Underrated.

Network Marketing Tips, That Are Often Underrated.

 

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network marketing tips on team buildingIn this post I want to share some network marketing tips with you, that are often somehow overlooked.

Network Marketing Tips – Quantity vs Quality.

Many network marketers make one general mistake:  they’re trying to persuade every person around them to join their business opportunity, whether this person’s willing to start a business or not.

Is it a fear of the shortage of their warm market or a desire to get bonuses for the acquisition of a new customer?

I guess both.

But does it really make sense?

The main advantage of the MLM business is not in getting “acquisition bonuses”, but in earning a residual income, because you’re getting it regardless of what you’re personally doing at the time – working or having fun with friends.

This type of income tends to outperform “acquisition bonuses” over time, because you’re getting it, by using leverage – leverage of the efforts of the members of your WHOLE team, by getting a small percentage of their production.

So, if your team doesn’t grow, no “acquisition bonuses” are going to save your business.

This one of my network marketing tips seems to be obvious, yet many network marketers ignore it in pursuit of the quantity of future team members at the expense of their quality.

If you recruit people, who won’t be working, but will be constantly complaining instead, you’re just wasting your valuable time.

Wouldn’t it be a better thing for your business to try to find serious, ambitious and coachable people, future leaders of your team?

Network Marketing Tips – Don’t Leave Them Alone.

Getting new members in your team, never leave them alone with the problems, that every new network marketer faces.

Being frustrated, not knowing what to do next, they’ll quickly get discouraged and quit, disappointed with the MLM business in general and you in particular.

If this is one of your friends, you may lose him (or her) forever.

Since there definitely is a lack of proper marketing training in the network marketing industry, don’t leave your prospects without support.

As soon as new people join your team, get in touch with them in person, while they’re still excited.

Start coaching them from the very beginning, help them set up their goals and make up a detailed step-by-step plan of actions to achieve these goals.

That will help them succeed, that, in turn, will help you succeed as well.

When working out this plan with them, you’re going to know them better, learn their preferences and strengths, win their trust and raise their confidence.

Tell them what training is provided by your company: websites, webinars, forums, training phone calls and live events.

In addition, don’t hesitate to invest your own time in them – coaching them in person, sharing all you know about network marketing – this is in your best interest.

Network Marketing Tips – Attending Events.

Being a true mentor for your team members encourage them to attend more network marketing events.

They should hang out with the leaders of the industry, with like-minded people, that will help them form the right business mindset and imbibe new marketing ideas.

They will learn to treat their business like a business, not just like another hobby.

Network Marketing Tips – Let the Internet Give You a Hand.

Since one of the toughest problems network marketers face is a shortage of their warm market, tell your team members about internet marketing, teach them the basics (you can find them HERE) and show them such a powerful tool like MLSP (My Lead System Pro) – a modern marketing and educational platform, that can make their marketing much easier.

Without a proven marketing system your network marketing business won’t survive for long.

If you’re not familiar with this System yet, you can read my review on My Lead System Pro.

Though these network marketing tips are only a part of the existing list, I hope, that they’ll really help you in building a team.

 

 

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