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Posts Tagged Make Money Network Marketing

How to Make Money with Internet Network Marketing

Aug 9

Posted by Wayne Woodworth in Network Marketing | 2 Comments

If the internet is the best place to build a network marketing business, then how do you use it to start making money quickly?

The quickest way to start making money in any network marketing business is by selling the company’s product at retail for a profit. To do that online you need a place to talk about the product and all of its benefits. I believe that a blog is the best way to do that.  The question now is, how do you take your blog readers and turn them into customers?

If you can sell your company’s product online, then you can link to it from your blog. When people come to your blog, read about your product, and are ready to buy immediately, then you have a sale. This will be a small percentage of the people visiting your site, but it is a great way to start making money from your network marketing business.

The problem is that these are one-time-only sales. You don’t have permission to keep in touch with them and encourage them to become repeat customers. That’s where a newsletter comes in. You’ve probably heard people say that “the money is in the list.” The list that they are referring to is a list of people who have opted-in so that you have permission to email them on a regular basis. You get people to opt-in by offering them something of value, like a newsletter, with an incentive for signing up.

How to Create Repeat Sales

Here’s what I have done. I created a newsletter on my product website that gives valuable information about topics related to the product that my MLM company offers. As an incentive, I give them a discount code worth 20% off on their next order. I use Aweber to handle the opt-in process and to send all of the emails to my list because they handle all of the legal issues with communicating with a list through email and compliance with the anti-spam laws.

Once they have signed up, I can keep in touch with them a few times a month. This helps me to create more value for my name, and my network marketing company’s product. The next time they are looking for a benefit that I can supply, they will come to my website to place their order. It works very well.

A great way to learn how to do this is to see how other people are doing it. If you would like to see mine in operation, the signup for the newsletter is on the right-hand side of my page at www.getmywellness.com/blog/. Sign up for the newsletter and see how I am using it to deliver value and keep in touch with my customers.

I hope you found this valuable. Please share your experience with creating a list or being on a list below. I would also appreciate it if you would share this with your followers on the social networks.

Wayne Woodworth

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Network Marketing Doesn’t Make Money

Aug 5

Posted by Wayne Woodworth in Network Marketing | 2 Comments

I’ve been looking around at what people have been saving about network marketing lately, and what people in my own MLM business are saying about making money with our company. Most of what I’m hearing is that you can’t make money unless you have a huge downline.

That just isn’t true.

How Network Marketing Works

There are two activities that are important with any network marketing business: recruiting people and selling products. Most people seem to focus on recruiting and almost forget about selling product. They depend on new distributors to get on their autoship program. If that is the only way that your team is selling product then, yes, you will need a huge team to make any kind of living in network marketing.

Selling product is where almost all of the money is in network marketing. You get paid based on customers and downline distributors buying product. I currently make more money on a regular basis than my sponsor even though he has more distributors on his team. That is because I sell product to customers.

There is one distributor with my network marketing company who is teaching people to put all of their effort into selling product. He says that you can make more money as a Bronze than as a Silver. Without getting too much into how the company works, you can get to Bronze by just selling a lot of product while making the next jump to Silver requires you to have at least 3 distributors on your team. The problem with going to straight profit is that you start at $0 every month. You don’t have any residual income.

I know there are at least a few companies that pay a “training commission” when you sign up a new distributor, but the focus of the company still has to be on selling a product or service. If it doesn’t, then it is an illegal pyramid scheme.

How to Build a Profitable Network Marketing Business

The best way to build a sustainable income in network marketing is to put some effort into both recruiting and in selling product. My preferred approach is to attract customers and sell them product. Once they have made a purchase I encourage them to join my list so that I can keep in touch with them. They get a monthly newsletter and as an additional incentive, I offer them a 20% discount on orders as long as they remain on my list.

Now that I have their permission, I can give them great information about information related to the products and the business. I can also plug the recruiting side in my newsletters. A certain number of people are going to have an excellent experience and take a look at the business side, and a percentage of them will join.

Once they join, I teach them to do exactly what I am doing. Now I have a team of people who go out and find customers and convert a number of them into distributors. Everyone makes money this way instead of just the people at the top. The new people see what can be done and are motivated to do the same thing. This way is easier for new people because they have something real, a physical product, to tell their prospects about instead of something intangible like wealth or success.

I hope you found this informative. Please leave me a comment below and share this with your followers on the social networks. If you would like to learn more about how I’m building my network marketing business, then just click here.

Wayne Woodworth

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