Online MLM Success Tip - Profit from NO's!
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This document is the fourth tip in a five-part series on building an MLM business online, focusing on the importance of diversifying earnings. It emphasizes the need to sell additional products like training materials or leverage affiliate marketing to create income streams while building an MLM business. The author provides examples of effective strategies and encourages personal branding over company branding.
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Online MLM Success Tip - Profit from NO's!
- 1. Welcome to the fourth tip of this 5 part series where, I share 5 essential tips on building your MLM business online.
- 2. In the last several presentations of this series, we talked about the importance of branding you, building a list, and building relationships.
- 3. In this online MLM success tip we are going to discuss the importance of diversifying your earning potential.
- 4. Most people in the MLM profession concentrate 100% on building their MLM business, and as they build their business they are faced with rejection.
- 5. Many of the people you share your business or product with will say “no” to your opportunity.
- 6. So, how do you afford to stay in the game long enough to start seeing success in your MLM business?
- 7. You diversify your earnings through the selling of training products, CD’s, books, or any other product that has the potential to help your team, or someone else online who is struggling to build their MLM business.
- 8. For example: One of my team members created an awesome audio CD that focused on the many uses of our MLM products.
- 9. Not only was this CD great for all consultants in the company to learn product uses, but it was an awesome tool to give to potential prospects who were thinking of joining our team.
- 10. This CD sold for around ten dollars and discount prices were offered for bulk purchases.
- 11. She used this product as a way to diversify her earnings while building her MLM business at the same time.
- 12. How do you diversify your earnings when you don’t have your own product?
- 13. Before you start stressing about creating your own product, let me share the many ways you can start to diversify your income today.
- 14. The affiliate marketing industry provides access to millions of products, books, e-books, training courses, PLR products, and much more.
- 15. Tap into this industry and offer those products, within your niche, that will help your target market fulfill a question, struggles, or frustrations.
- 16. For example, I purchased a book on Amazon titled “7 steps to becoming a network marketing professional” written by Eric Worre.
- 17. This book teaches network marketers how to find prospects, how to invite and follow up with them, and much more.
- 18. This book was a perfect product for my target niche; helping those struggling network marketers find success using the power of the “Internet.”
- 19. I read this book, implemented some of the training, shared this information on Tools to Prosperity and provided the options for our visitors to purchase their own copy through the Amazon affiliate network.
- 20. This is just a small example.
- 21. Stay tuned for tip #5 because in this tip I will show you a tool that offers immediate access to high quality products that you can promote today to start diversifying your earnings.
- 22. Please remember, diversifying your earnings only works if you’re “branding you” and not your MLM company.
- 23. Branding yourself was covered in tip # 1 of these 5 essential tips on building your MLM business online.
- 24. I hope you’ve enjoyed and hopefully learned from this fourth tip, for the next tip in this 5 part series click on the link below to view our Slide Share Profile. See you on the next presentation!