Online Network Marketing
By · CommentsOnline Network Marketing is the building of a Network Marketing business, primarily on the internet. I often referred to it as “New School Network Marketing.”
Prior to the internet, Network Marketing was much more difficult. You were taught to make a list of your friends and family, to recruit some of them and then to go teach them how to do what you were doing. There was a limit to the number of people you could share your business with and once you ran out of people to talk to, for many it was difficult and expensive to keep finding new prospects. Despite being difficult many people still got rich doing it.
Online Network Marketing makes it much easier to solve the biggest problem people have in this business and that is having enough people to share their business with and never running out of them.
I started my first Online Network Marketing business back in 2003 and in eight months had recruited 150 distributors and over 15000 personal customers, all online.
How Can Online Network Marketing Help You?
The great thing about using the internet to market your business is you can reach far more people with far less effort and expense! There are free ways to promote yourself and your business and there are ways that cost money. It is much easier to laser target your market online both in the free and paid ways.
Online network marketing enables you to meet others involved in similar businesses and share resources, skills and marketing methods and to do it people from all over the world.
Online network marketing can be accomplished for free through social networking using free sites like Facebook, Youtube, Twitter, etc. and through other methods like article marketing, blogging and forums. Online Network Marketing can also be accomplished using paid methods like pay per click advertising, ezines, banners and contextual advertising.
While Network Marketing is easier than it was prior to the internet, it is not easy. All forms of internet marketing require knowledge and skill so it is wise to educate yourself before you waste alot of time and money.
bHIP Global Company Review
By · CommentsbHIP Global is a privately held network marketing company, owned by Terry LaCore. The company was founded back in 2007 in the United States, Puerto Rico and Canada. Bhip offers powdered energy / healthy drink products.
The main executive office is located in Dallas, Texas and is accompanied by offices in Branson, Missouri and St. Paul, Minnesota. The company expects to launch in 30 other countries in 30 months, but currently operates in the United States, Canada, Puerto Rico, Mexico, Australia, New Zealand, Hong Kong, Taiwan, Singapore, the Philippines, Spain, Italy, Slovenia, Hungary, Austria, and Japan.
Earning money SHOULD come from a business you are PROUD of and bHIP is just that! Bhip is a business you can share with EVERYONE and have fun doing because it’s for a GREAT cause!
In addition to the unique product line, bHIP offers it’s distributors the opportunity to earn commissions per product volume sold and new members sponsored into their organization. This gives anyone the chance to build a real viable business with potential life-changing income.
So what do you need to succeed with bHIP Global? You need to learn how to market. If you are really serious about building a successful business, then stop chasing your friends and family and start learning proven marketing strategies.
What is Leverage in an MLM Business
By · CommentsThe term “leverage” is often used when explaining the benefits of the MLM business model.
In traditional sales, one person only has so many hours in a day to sell their products or services. This obviously puts limits on potential income.
In MLM you can get paid for all the sales your team makes based on the rules that define your companies compensation plan. Income is usually shared by the person who makes the sale and their upline. There are a variety of MLM compensation plans. How compensation is shared and how many levels up it is shared varies from one company or compensation plan to the next.
Since the compensation is shared in MLM the commision to the person making the sale is generally going to be considerably less than a similar sale in the traditional sales model. So one would ask why would I want to share my commission and make less?
The answer is “Leverage”. By building a team (downline) you will get paid small amounts on the efforts of many. Those small amounts can add up to many times what you could earn by yourself. Remember your time limits you to how many people YOU can touch in a day. A growing team can reach an unlimited number of people.
The top income earners in most companies don’t sponsor that many people or have that many personal customers. For example it there are leaders making over 6 figures a month in an MLM’ with less than 20 personally sponsored distributors. Those 20 turn into thousands down x levels. That is Leverage!
The other advantage of creating leverage by building a team is that your team will continue to work when you don’t or can’t! If you are in a traditional sales position and get sick, go on vacation or retire you are no longer making sales or earning commissions. If you have built an MLM team and get sick, go on vacation or retire your team will continue to make sales and you will continue to earn.
Drive Traffic With Article Marketing
By · CommentsThere is all kinds of excitement over the new ways to drive traffic to your website using new technologies and applications. Blogging, Twitter Squidoo, Social Networks and Social Bookmarking are all terrific but don’t forget about good old fashion Article Marketing.
Google still loves good content. Do some keyword research and identify some good 3, 4 or 5 word, keyword phrases in your niche. Using the Google Keyword tool try to find phrases that get over 1000 searches a month and are not too competitive. Write a good keyword rich article of about 400 words with a link to your website, offer or blog in the resource box at the bottom of the article. Then submit the article to at least the top 5 article directories.
Set aside some time each week to do this over and over and you will get results. Results that will bring you traffic over and over again and that may last for years!
Network Marketing “Old School” vs. “New School”
By · CommentsThe internet has changed the Network Marketing industry dramatically in many ways. None bigger than how It has provided a place for Networkers to recruit beyond their warm market and to do it without leaving their home.
One problem I see is that many people have drawn a line in the sand between “Old School” networking and the “New School” internet model. Many people promoting the “New School” model make it sound like it is an either or choice, when it is not. I can’t tell you how many times I have heard or read “old school is dead.” The facts are “Old School” is not dead. Many and probably most of the biggest whales in MLM built their businesses “Old School”. Many and probably most of the biggest MLM companies, with real products that will be here 20 years from now, were built “Old School”.
I have built very large organizations with thousands of personally sponsored reps and almost all done online. I also built a personal customer base of over 15,000 for a nutritional product online. These large organizations included many warm market and other “Old School” recruits and customers in my down line and I my bank account has been far better off because of it.
So I am not an old time “Old School” networker trying to hold on to the past. I believe the future of networking certainly moves further and further to the internet but it is a mistake to just write off “Old School”.
MLM organizations need people and not every future networker can be found online. People get loyal buyers and recruit low hanging fruit out of their warm market and that is not going to stop. The internet is great for networking and where I choose to market myself and my business but there are many, many Top networkers who barely no how to turn on a computer who I would love to have on my team.
