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10 Best Network Marketing Guide

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1

Chapter

Training for Network Marketing

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Training for Network Marketing

10 Best Network Marketing Guide | makewebsite.ca

It is very easy for a person to tell you that network marketing will transform your life for good, but it is important that you know that there is no magic when it comes to the network marketing field.

Just like any other field, you need adequate training before you go out and start building your network.

Otherwise, you will get frustrated and disappointed when you get into it without training.

Network marketing training will make you more confident, because you cannot succeed unless confidence is part of you.

The training for network marketing

This is because you will meet many people, who you will be selling the idea to, and nobody wants to follow a person who is not confident.

In the most successful network marketing companies, those who are more experienced in the company usually take those who are new through practical training sessions by accompanying them to their field work sessions and letting them actually see what goes on in the real world.

Different companies have different network marketing training, but the training’s usually revolve around the same thing; confidence and motivation.

Some network marketing sessions are usually charged, especially the ones where expensive motivational speakers are invited.

Some network marketing training sessions, however, are free, and are usually paid for by the company.

Going for such training’s is very important, because you get to meet other people who are running the same race as you are, and this motivates you.

Also, you get to learn from the experiences and ideas of others, so that it will be much easier for you.

Network marketing training also helps you develop yourself

There are many skills that one has that are underdeveloped, and others just lie there dormant and undeveloped.

However, network marketing training acts as a development tool to those skills, and they benefit you in the long run.

For instance, some of the skills that are developed in network marketing training are public speaking skills confidence.

This is a skill that every person needs, not only for use in network marketing but in every day life.

Also, the confidence to stand before many people is gained through these training sessions.

Also, depending on the level of training you get, you can apply the knowledge of the human psychology, such that you are able to know what every person is thinking or what their attitude towards something is when you are speaking to them.

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“Knowledge Is Power!”

2

Chapter

Vital Ingredients for Network Marketing Success

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Vital Ingredients for Network Marketing Success

10 Best Network Marketing Guide | makewebsite.ca

Network marketing, also known as multi-level marketing, has grown to become on of the most popular business sectors today.

Many have started their own businesses in the recent past and many are still in the processes of bringing up their own network marketing businesses.

However, only a few have succeeded.

As a matter of fact, recent statistics show that about 95% of network marketing business have failed within the first three months.

It might sound a little bit exaggerated, but it is true.

The problem is that most of these companies lack the most important ingredients that are required for a network marketing business to succeed.

Persistence is the first crucial ingredient

Not only in network marketing, but in all kinds of businesses.

Ever heard of the saying “keep on keeping on”?

Then this is exactly what persistence is all about.

It is of utmost importance that you do all that is within your capability to uplift the business without giving up no matter what kind of barrier you come across.

Specifically, in network marketing, one might find that his or her downline are not performing as expected. It is even possible that only 5% of the entire downline show the will to work towards increasing the sales.

Make it your duty to support the 5% as much as possible since their persistence is what will keep the company running.

The rest might be working, but without that persistence, then their efforts mean nothing to the company.

Patience is another very important ingredient

When it comes to building your network marketing business.

It is said that patience is a virtue.

The same applies in this case; it is patience that will enable you to build your business to become one of the giants in the network marketing sector.

It is a fact that network marketing businesses normally take a while to fully establish.

It will take some time for one to finally get a reliable contact database.

In fact, this is one of the main reasons why many quit.

They feel that they cannot wait any longer and end up quitting. Be patient and give the business time to grow!

The success of your business depends on how good your downline performs.

On the other hand, you have to be a good leader for your downline to perform.

This mainly involves you being a good mentor to the rest. Perform and your downline will follow.

In addition to this, allow yourself to learn.

Self improvement and development will also come in handy.

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“Knowledge Is Power!”

3

Chapter

The Best Practices for Network Marketing

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The Best Practices for Network Marketing

10 Best Network Marketing Guide | makewebsite.ca

Network marketing is a great business strategy, and it also needs tips for good practice just as is the case with every other strategy.

The first thing to know is that business is first about people and secondly about money.

These two should never interchange position, otherwise you are going to fall big time.

Therefore, you cannot recruit people into your network with the mentality that they have now come to make money for you.

First try to see them as people before seeing them as money making machines.

One favorite quote by Michael Dlouhy is that in network marketing, “people do not join a company; they join other people.

If every person in network marketing has this as their principle, then great success is assured.

Also, most people in network marketing get it wrong when they are mean with information for fear that the person will not join the network or the person will go to a higher rank in the network than they.

This is pure nonsense because you benefit from any person in your network rising even above you.

People from outside should not join the network because you told them; they should join it because you are a living example to them.

Their admiration of you is reason enough for them to join your network.

Excellence is the key principle in network marketing

If you want to get more from network marketing, then be prepared to give more, and you will be sure to get it back in even multiplied and greater portions than it was when you were giving it.

Raise your standards by paying for training and purchasing materials that will better your knowledge.

Buy books, listen to CDs and tapes, and watch videos.

Interact with other people in your field of network marketing, and learn from them as you share your experiences too.

Do not only purchase materials for network marketing; buy materials that are motivational, ones about leadership, business, et cetera.

Do not sit on your potential while it can be of help to another person; mentor someone.

All that really matters in network marketing is the attitude one has and the mentality one has.

Remember, what you do, your down lines will do more.

Therefore, any negative step you take will be taken by each of your down lines, making your network start receding.

Let the battle be first won in your mind, and it will be won indeed.

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4

Chapter

Top Network Marketing Tips

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Top Network Marketing Tips

10 Best Network Marketing Guide | makewebsite.ca

Many have joined the network marketing business in the recent past, but only a handful has fully succeeded in it.

The rest have either quit or fell off along the way.

By falling off I mean that the companies collapsed within the first three months of operation.

This might sound unreal but it is true.

The main reason for this is poor network marketing tactics that are being used by most of these entrepreneurs.

However, this statistic should not crash your dreams of setting up your own network marketing business.

There are certain tips that one can follow to succeed in this sector.

Here are the main ones.

The first and most important tip is for you to look for a mentor

It is obvious that you have attained some level of formal education when it comes to network marketing.

This is a very wise move since you will need this information in the line of your work.

However, this is not enough for the class lessons do not portray what you will get on the field.

Therefore, it is necessary for you to look for a mentor who will guide you through your baby steps in the industry.

All in all, do not look for anybody with any amount of knowledge in network marketing to act as your mentor.

Look for an experienced and learned individual to mentor you.

Secondly, be careful when looking for a market to get your clients from.

One common mistake that many make is to deal with individuals from their close social groups to act as their target market.

This includes their friends, family members and even a girlfriend or wife.

Sorry to say, but this is the worse decision that any businessman can make.

Such a target market will be easy to find but in the long run you will get very few returns due to the lack of seriousness in the entire business.

In fact, it will be safe to say that such a business can simply be referred to as a family business.

The best target market is people looking for a home-based business or network marketers moving from pother companies.

Finally, leadership plays a major role in your network marketing business.

Good leadership leads to better profits and vice versa.

Obviously, a leader should have natural leadership instincts and should be systematic in all that he or she does.

Make sure that you fulfill all these characters before joining this sector.

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“Knowledge Is Power!”

5

Chapter

The 5 Things Network Marketers Must Focus on

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The 5 Things Network Marketers Must Focus on

10 Best Network Marketing Guide | makewebsite.ca

Network marketing is a marketing strategy that is highly used in business, but most network marketers do not know what to do to get the most out of this form of marketing.

Below are some five “commandments” in network marketing that will take your business to another level if followed.

1. Stick to one company

  • When you join a network marketing company, be sure to stick to it and to keep your focus on it.
  • When you start marketing more than one company at a go, you do not give your best, and you therefore end up failing all the companies you are marketing.
  • This also means that you should not join a company that will take a lot of cash to start up.
  • This is because you will need a lot of money to promote yourself, and you do not want to spend all of it at startup.

2. Know your company

  • It is quite embarrassing to look at your customer blankly when he/she asks you when your company started or who the CEO is.
  • The fact that you know your company well gives potential customers the confidence in your product.

3. Use the best promotion strategy

  • The first thing you should NOT even think of doing when marketing is bad mouthing other rival companies.
  • This is the surest way to get you down, and it also paints the wrong image of the company you are marketing.
  • Invest in learning more about network marketing.
  • Learn the old and new strategies which you should apply.
  • It does not make sense to invest much and use the wrong strategy when you can invest less and get much by using the correct strategy.

4. Your down-line

  • Network marketing cannot be called so if it does not have down-lines.
  • You should therefore invest a lot in giving them adequate training and equipping.
  • Organize for them seminars and workshops where they can learn.
  • Also, give them materials like DVDs, books et cetera.
  • Also, treating your down-lines like babies is a no-no.
  • This makes their natural motivation to lie dormant.
  • Show them the way, but do not literary carry them through it.

5. Have the positive mentality, focus on winning

  • You will get many stumbling blocks in network marketing, but do not stop at them; push on towards your goals regardless.
  • Focus on continually adding a member or two to your down-lines without even focusing on those that drop off.
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“Knowledge Is Power!”

6

Chapter

Tools for Network Marketing

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Tools for Network Marketing

10 Best Network Marketing Guide | makewebsite.ca

So many people nowadays are looking for various ways of making money and they are going as far as doing whatever it takes for them to earn.

This not only applies to older people, but also students who are looking for money for their upkeep.

However, most have found the best source for earning money and this network marketing home business.

Tools for Network Marketing Tips

With this kind of home business, many have failed and very few have come out successful.

This type of market requires technique.

However, for those who have ventured a little bit in retailing then they can use the technique in network, business.

Network marketing is all about making commissions.

Network marketing is also called multilevel marketing also initialed as MLM network marketing.

The tools for network marketing request to many people for several reasons.

Many people think that network marketing tools are a short and fast way of making money and becoming wealthy.

The thing that plays a very big role in network marketing is the internet.

You cannot be able to create a website without the network marketing tools.

Creating a website is what will help you in supporting your business.

When you have the network marketing tools, you can be able to contribute in forums through the internet and also join in discussion groups.

These tools are very helpful and as a marketer, you cannot be able to do without.

This is because they are connected to the type of product that you are selling.

You can be able to also get answers on these forums and in most cases they give you advice which will aid in earning the trust of people.

These forums also help you to earn their interest.

In short, they really are important in your network marketing home business.

The good thing about network marketing tools is that they can really make your business a big success because they offer techniques of attracting and retaining new potential clients.

They also help you in putting in order your home office and also help in creating an online business.

For you to be able to do well in network marketing you must have these tools and also the information.

The faster you get these tools and information, the faster you become successful.

This is why the network marketing tools are important to marketers and also in business.

When you have urbane tools in this home business, you have the power over the hindrances, misused resources and setbacks which come because of planning poorly.

These tools are the ones which deal with such setbacks and also make them not to occur again.

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“Knowledge Is Power!”

7

Chapter

Top Network Marketing Mistakes You Should Be Wary about

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Top Network Marketing Mistakes You Should Be Wary about

10 Best Network Marketing Guide | makewebsite.ca

Network marketing today has become one of the most common business trades.

However, it has been highly associated with the high number of companies that fail within their first few years of operation.

This can be attributed to some very common mistakes that many network marketers make.

To start with, most of them enter the market with the ‘get rich quick’ mentality.

As a result, they set their goals so high.

It is good to aim for the stars, but be a little bit reasonable.

Do not go round setting goals that are way within your reach

Most people are attracted to this business by the millionaires in the sector.

Little did it know that by the time such people were setting up their businesses, the market was not as flooded as it is today.

Therefore, competition was not as stiff as it is.

And on the other hand, it has taken centuries for them to reach the heights they are in today.

Such individuals end up getting frustrated once they join the market due to the ‘harsh’ conditions that they did not expect.

In the long run, they give up!

Therefore, be wise when setting up your business and do not compare yourself with those that came before you; they have an upper hand.

Another common mistake

Another common mistake that is still in relation to this is that most of them tend to think short-term.

In whatever kind of investment they put into the business, they think that it will take a few days for one to see the results.

The truth of the matter is that it will take at least six months for one to notice the slightest improvement in the business.

In that case, it will take at least one year or two to fully establish the business.

It tends to be demoralizing when one’s expectations are not met within the expected time.

It is only good if you tend to think long-term rather than go short-term.

Think beyond your nose.

This way, your plans will be easily fulfilled.

The type of company you choose to associate will also play a major role in building your company.

This is where many people also make a mistake.

Most distributors tend to go to the companies offering better commissions.

Little do they know that the commissions might be good, but the products have no market.

There is no sense in this!

To be on the safe side, go for a company that has a good track record in terms of service and goods that they offer.

This way, you will get more returns

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“Knowledge Is Power!”

8

Chapter

The 3 Feet Rule of Network Marketing Businesses

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The 3 Feet Rule of Network Marketing Businesses

10 Best Network Marketing Guide | makewebsite.ca

The three foot rule basically states that marketers are supposed to consider anyone within 3 foots of them (literally) to be possible clients.

It was brought about in order to force people to extensively look for clients and recruit more marketers into the business.

However, this rule has really brought about a lot of controversy among many business elites. Some claim that the rule is not realistic while others are for it 100%. It all depends on how you take it or use the rule.

3 Feet Rule of Network Marketing Businesses

Personally, I think that it all depends on how well you put the rule into practice.

Generally, people do not appreciate it when strangers approach and start talking to them persuasively about business opportunities. In fact, some do not take it lightly.

They think that you have seen them to be failures that need a job; and this might even end up in a scuffle.

If you are the type that will approach people in the streets or fellow passengers in a bus, then you are doing it wrongly.

Look for areas that have a lot of business minded individuals.

Take for example business seminars; most people attending such are individuals that spire to be entrepreneurs in the future.

This is one group that will not mind hearing bout a particular network.

Furthermore, if you analyze the amount of time you will use up talking to everyone you meet then you will be astonished.

One thing is for sure, not everyone will accept your proposal.

Maybe only 20% will take time to listen to you.

Mathematically, you will have wasted about 80% of your day talking to people that do not give a heck about what it is you are talking about.

If compared to someone who strategically points out to potential clients, then you will have earned approximately half what he or she has earned on that particular day.

All in all, the three foot rule is not bad. It tends to be bad when used wrongly.

In fact, it is a very strategic method of going about your day to day marketing and recruiting spree.

Just look for the right people to confront.

Do not jump around talking to every Tom, Dick and Harry that you spot on the streets; this will not take you anywhere.

As a matter of fact, it will waste you.

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“Knowledge Is Power!”

9

Chapter

What if a Link in Your Network is Low Performing

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What if a Link in Your Network is Low Performing

10 Best Network Marketing Guide | makewebsite.ca

In network marketing, the use of links is important as they ensure an increase in profits.

The profits do not come automatically as they will have to be made by performing links.

When the links do not perform, the overall output becomes low.

There are several ways that can be used to make sure that links are always performing.

The links have to perform through motivation and ability.

This means that when the links do not perform, there is a high chance of having a low output.

To be able to make sure that this does not happen, there should be careful when monitoring of the links.

What if a Link in Your Network is Low-Performing?

Once you find a link that is not performing, you should diagnose it to find out why it is not performing as it should.

Diagnosing should be done by checking the motivation and ability.

If an employee is not performing, you might decide to push them to perform through the use of incentives or ultimatums.

By following this method, you can get higher performance or a bad situation getting worse.

The situation can get worse because the employee might not have the ability to perform as required, therefore giving a high poor output.

To avoid such a situation diagnosis should be done thoroughly on the basis of motivation and ability.

Diagnosing ability can be checked by looking at different causes.

Some of these causes are:

  • Tasks that are too difficult to be handled by the individual
  • An individual having low skills, knowledge and aptitude.
  • Poor performance despite the evidence of strong effort.

When these factors are put into mind, one will find that the most common cause of a low performing link is the lack of substantial skills, experience and knowledge.

There are some steps that can be used to make sure that such a situation is improved.

The first step would be to retrain

By retraining, you make sure that the person who isn’t performing is taken back to the first step of learning the trade.

This way, you can be able to gauge their learning experience.

If retraining does not work, you can re-fit the person.

Try finding their strong points and see if there are areas where they can be put that will give a higher quality based output.

When all the two methods fail, the last method would be to release.

You should release them and get someone who is capable of handling the position.

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“Knowledge Is Power!”

10

Chapter

What an Ebook Can Do for You

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What an Ebook Can Do for You

10 Best Network Marketing Guide | makewebsite.ca

An E-book that includes your marketing message and a link to your website is a proven technique in viral marketing.

This method uses the multiplication effect to “explode” the distribution of your message by willing participants.

What an E-book Can Do for You?

This is the basic principle that was used by Hotmail to get established.

When the two founders set up their free email system, all the messages that were sent by subscribers had a text message at the bottom which identified Hotmail as the origin.

People who sent emails to their friends advertised the free email site.

Using viral E-books as a marketing method is cheap.

It doesn’t take long to set up and it’s even quicker if you use rebrandable E-books that have been written by others.

Just use your favorite search engine and do a web search.

You will find many rebrandable E-books that are available on whatever subject you are interested in and that apply to your e-business.

One method of distributing the E-book is to offer it to visitors in exchange for subscribing to your newsletter.

If they pass it on to their friends and family it will promote your business for you.

E-books are capable of reaching a large audience and are limited only by the enthusiasm of the participants.

E-books are fairly easy to create.

It’s possible to produce your own E-books by combining articles that you have written or have gotten from public domain sources, such as directories.

A common approach is to use material that has Private Label Rights, including articles and reports that have been written specifically for that purpose, for that niche.

Using a portion of a larger work that you have prepared such as the first three chapters of a large E-book could also be used as a viral E-book.

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