Showing posts with label making money in a bad economy. Show all posts
Showing posts with label making money in a bad economy. Show all posts

Saturday, May 2, 2009

Be Like Al - A Story About Time

Do you want to tell a great story to get your prospects thinking?  Then watch my video about Al.  Al's story is an inspiration on what little time it takes to build a huge business.  Just an hour a day in as little as two years and you could be free.  Learn and share this story with others.  People love a good story!  See the difference only an hour a day can make...

Tuesday, April 21, 2009

Making Money in Network Marketing

There are basically two ways to make money in network marketing.  One way is to recruit new people into your business.  Out of 20 people who you talk to, one may be interested in a business venture. 

The other way is to develop a retail customer base.  The challenge here is that most products promoted through network marketing are too expensive.  Why would someone pay twice as much for something that they could get in a local health food store for much less.  If the price of your products is high, that leaves you with only one alternative to make money: RECRUIT.  Let’s face it; the average person just won’t recruit.  If they won’t recruit, how can they make money?

Recruiting is fine if you have a duplicatable system to plug people into, but most companies do not have such a system even though they say they do.  They leave that up to the affiliate and 99% don’t have a clue how to build a substantial network marketing business.

Now back to the retail scenario.   I have a close friend whose wife is in a very well known network marketing company.  He takes a 30-day supply of their vitamins.  Guess how much he pays (wholesale)?  He spends $120.00 per month!  Let me ask you a question.  How many people do you know who can afford to shell out that kind of cash for vitamins? This is the problem with most network marketing companies.  They make it impossible to retail!  Why are the prices so high?  It is NOT because they are special products from a secret formula.  They are manufactured much like any other good vitamin.  The reason they are so high is mainly because of the overhead.  These companies spend millions of dollars per month for a fully functional call center and lots of employees to handle the calls.  Others spend a boatload of money on celebrity endorsements, advertising campaigns, and company jets!  This is money that is taken out of the compensation plan and this is money that has to be added to the “cost of doing business.”  This drives up product costs. 

There is a better way.  I know of a company that makes it VERY possible to build a huge retail business.  Those vitamin packs I told you about earlier, they RETAIL for less than $40.00 for a full months supply!  Now do you think you could recommend a quality product with that price point?  The same type of Vitamin costs just under $60.00 at a national chain health food store!  All the products with this company are priced at a very reasonable range.  Now you can argue with me about quality and I will take the challenge.  Call me anytime.  If a product doesn’t work, how long do you think a person could sell it?  These products have been around for nearly 6 years and people LOVE them!  Shoot, I LOVE them!  This company has a very nice retail site and gives affiliates 20% of all retail sales that go through their site! 

Now you have a company that promotes products that can be retailed and an affiliate can start receiving checks in the mail right away.  People who receive money will more likely stay in your organization and will work harder to do two things:  recruit affiliates and promote products.  For every affiliate recruited, a nice bonus is paid.  For all sales in your organization, a nice retail bonus is paid.  This is the BEST OF BOTH WORLDS.

Oh, by the way, you don’t have to be a sales person to promote products.  You do it almost everyday.  Think of it as recommending products that you love.  If you like a restaurant, don’t you recommend it?  How about movies, do you recommend any?  When you do, did you ever get paid for doing so?  Why not get paid for recommending products that promote excellent health and products that you will never have to be ashamed of.

Oh, here is the kicker.  This company has a duplicatable system that works every single time, if you use it.  If you are coachable, you can achieve outstanding success with this outfit.  The teamwork is amazing.  This makes it possible for someone who could never recruit before to start recruiting successfully.

If you are interested in finding out more about this company, please let me know.  If not, let my team help you to grow the business you are currently in.  Either way, I am here to help.

Wednesday, April 8, 2009

Two Ways to Make Money in Network Marketing

There are basically two ways to make money in network marketing.  One way is to recruit new people into your business.  Out of 20 people who you talk to, one may be interested in a business venture. 

The other way is to develop a retail customer base.  The challenge here is that most products promoted through network marketing are too expensive.  Why would someone pay twice as much for something that they could get in a local health food store for much less.  If the price of your products is high, that leaves you with only one alternative to make money: RECRUIT.  Let’s face it; the average person just won’t recruit.  If they won’t recruit, how can they make money?

Recruiting is fine if you have a duplicatable system to plug people into, but most companies do not have such a system.  They leave that up to the affiliate and 99% don’t have a clue how to build a substantial network marketing business.

Now back to the retail scenario.   I have a close friend whose wife is in a very well known network marketing company.  He takes a 30-day supply of their vitamins.  Guess how much he pays (wholesale)?  He spends $120.00 per month!  Let me ask you a question.  How many people do you know who can afford to shell out that kind of cash for vitamins? This is the problem with most network marketing companies.  They make it impossible to retail!  Why are the prices so high?  It is NOT because they are special products from a secret formula.  They are manufactured much like any other good vitamin.  The reason they are so high is mainly because of the overhead.  These companies spend millions of dollars per month for a fully functional call center and lots of employees to handle the calls.  Others spend a boatload of money on celebrity endorsements and company jets!  This is money that is taken out of the compensation plan and this is money that has to be added to the “cost of doing business.”  This drives up product costs. 

There is a better way.  I know of a company that makes it VERY possible to build a huge retail business.  Those vitamin packs I told you about earlier, they RETAIL for less than $40.00 for a full months supply!  Now do you think you could recommend a quality product with that price point?  The same type of Vitamin costs just under $60.00 at a national chain health food store!  All the products with this company are priced at a very reasonable range.  Now you can argue with me about quality and I will take the challenge.  Call me anytime.  If a product doesn’t work, how long do you think a person could sell it?  These products have been around for nearly 6 years and people LOVE them!  Shoot, I LOVE them!  This company has a very nice retail site and gives affiliates 20% of all retail sales that go through their site! 

Now you have a company that promotes products that can be retailed and an affiliate can start receiving checks in the mail right away.  People who receive money will want more and will work harder to do two things:  recruit affiliates and promote products.  For every affiliate recruited, a nice bonus is paid.  For all sales in your organization, a nice retail bonus is paid.  This is the BEST OF BOTH WORLDS.

Oh, by the way, you don’t have to be a sales person to promote products.  You do it almost everyday.  Think of it as recommending products that you love.  If you like a restaurant, don’t you recommend it?  How about movies, do you recommend any?  When you do, did you ever get paid for doing so?  Why not get paid for recommending products that promote excellent health and products that you will never have to be ashamed of.

Oh, here is the kicker.  This company has a duplicatable system that works every single time, if you use it.  If you are coachable, you can achieve outstanding success with this outfit.  The teamwork is amazing.  This makes it possible for someone who could never recruit before to start recruiting successfully.

If you are interested in finding out more about this company, please let me know.  If not, let my team help you to grow the business you are currently in.  Either way, I am here to help.

 

Friday, November 14, 2008

Making Money in a Recession Through Network Marketing


There is good news for you if you are in network marketing:  Your business is about to skyrocket!   When the economy is good less people are interested in income alternatives.  They rather go to work, come home and watch TV.  Even when someone gets into a MLM business in a good economy, they fizzle out due to the lack of real need.

However in a bad economy people worry.  They are afraid of losing their jobs or getting their pay reduced.  People in a bad economy are looking for alternatives and will more likely do what it takes to succeed.  Instead of watching TV they will work to build their business.

The baby boomers are getting creamed as their 401K’s, stocks, and other investments are losing anywhere from 25%-50%.  Believe me, they are going to be looking for ways to replace that income in a hurry.

This time, not only is the U.S. in a severe economical downturn, the entire world is suffering financial difficulty.  The news media is filling the airwaves with BAD NEWS.  Bad news leads to fear and fear causes people to take action.

People are in a state of fear.  When they start worrying, they quite spending money.  The psychology of fear fuels less spending and ushers in a bigger recession causing this downward trend to spiral out of control.

The answer is network marketing, which has a tendency to skyrocket in bad economic times.  People are looking for inexpensive ways to start a business in order to start making money from home.  Historically many network marketing companies have done very well in economic downturns. 

Now is the time to aggressively introduce your business opportunity to everyone you meet.  Just think, you can help someone start a business for $200-$500 that could produce financial freedom with just a few years of hard work.  What I mean by hard work is just 10-15 hours of week.  People’s minds will be open at times like these, so take advantage of it!

If you are new to the industry and need some help in building a great residual income, please go to www.wealthmastersnetwork.net.  If you are an old-timer, get out your contact lists and help as many of those people as you can out of their economic distress.