Failure in Network Marketing
Failure in the early stages of network marketing is the dominant type of results. Consequently, the vast majority of people drop network marketing as early as in their second or third month at most.
Most network marketing drop outs blame their sponsors, their team, the company, the compensation plan, the products or the services, and even their friends and family for not being supportive. You read that a lot on forums and some blog comments.
The truth is, it’s non of those to blame. It’s just how the network marketing business model is.
Let me explain:
As a newbie in network marketing, you don’t know what to do or how to start. You sign up, give your payment information for the autoship, receive your product(s) and try to follow your sponsors instructions on how to do it. You know … buying leads, cold calling, seminars, meetings, advertising … you name it.
Here is what you just did:
You added an extra item to your monthly spendings buy signing up for the autoship. That’s extra money out of your pocket for a product that you don’t need, or you are not accustomed to using. Probably you’ll realize later that you can’t use it because of certain circumstances (a supplement your doctor told you to stop taking for example).
Add to that the leads and advertising costs. That’s even more money out of your pocket every month.
And because you are just starting, you are not yet ready to sponsor new members or make new sales.
That’s extra money you spend every month with no return on your investment. After a couple of month with no or little success (which is normal) you feel that you are just wasting money while you need it the most.
So you drop it and decide never to come back to it again.
The Solution:
If you see yourself in the above picture, immediately stop the waste, and ask for refund if you still qualify. This is to minimize your loss.
Then, find a network marketing business opportunity that sells something you already use and buy on regular basis. This way you avoid wasting money on extra items to buy because you’ll just get what you usually get for that money but from a different source that rewards you money for your referrals.
Then, you don’t need to spend more money on leads. Every body you know is a lead, because if you already buy these items every month, there is a big chance that everybody you know does as well.
You got that? You don’t need to convince people to buy the product hoping to make extra money. You only need to get them to switch stores.
If you want to start fresh with such a good, big, established company … then click here.
This is good info, but just getting into network marketing is something a lot of people are trying to do now. Plus, people are getting tired of getting ads pushed on them like they have to buy them. Its best especially as a new online marketer to get a hosted website and find a niche or a theme to the site that you may have a passion for. So let’s say you like guitars and you post content up frequently about your favorite guitars, how to play a guitar, or other info about guitars. Doing this and using free SEO methods overtime will gain traffic to your site. And with traffic comes customers and you can place ads or sell products related to the your theme. This is a great way to start off!