MLM
or network marketing
For those who do not have a web site I would suggest network marketing.
I know some people dislikes network marketing and have a negative
connotation to it. That is because some people markets mlm as "a
quick fix" or "easy money". That is not what it is.
Many people also got hurt by companies like Herbalife and Amway
where they have to sell expensive products and get other people
to buy the idea of making money from expensive products. Many people
think products, soap, herbs, energy drink, etc if they hear the
term network marketing. But that is not what it have to be.
There
are many companies out there who market other business or services.
I personally prefer a service which is subscription based. Everybody
pays a monthly fee for a service or fixed product. This way you
will always know what next month's paycheck will be. If the company
is product based your income will be dependant on the sales of your
team.
Then
I also look at the affordability of the product vs the commission.
There are companies out there where you can make $1,000 per referral.
This sounds great. But it will cost you $7,000 to join. There is
nothing wrong with that. You can make millions. But because it is
so expensive to join you make it difficult for yourself. You limit
your market. Your chances to succeed and to continue in such a business
is very small.
Rather
look for something that is affordable but yet pays a good commission.
No use getting paid peanuts. One of the main reason why people quit
a business they joined is because they do not make money quick enough.
So if you join a mlm company always see how many other people you
have to register in order to break even. Once you break even it
is not costing you money out of your pocket. But also think of it
this way. If you sign up somebody else, the quicker they break even
the quicker you have a client for life!
Easy
I
know they all say it is an easy business. It is very important that
the business, its compensation plan and product are easy to understand.
You will have share this business and get them to understand how
it works before they will join. They in return will have to do the
same. If the business or any aspect of it is difficult to explain
to others it will be difficult to duplicate your business. It need
to be extremely easy. Perhaps you are very clever and understand
it easily, but always look and see how easy will it be for an un
schooled person to understand it.
Training
The
company you join should give you very good training AND motivation.
Some of you might need the training but you will be signing up many
new people who would not have any previous experience. If the company
do not provide good training, you will have to do it. And what will
happen if an inexperienced person join a mlm business and he signs
up new people. What will he teach his new recruits? The some NOTHING
he knows? Training provided by the company is very important. Your
success will not come from you signing up hundreds of people. It
will come from the duplication of the people you signed up. You
sign up 10 who sign up 10 who sign up 10, etc. But your ten will
not sign up ten each unless they know what to do.
YOU
Ever
wondered how it is possible that some people can make millions from
a specific business opportunity but yet you will find thousands
of people who have not made a cent from the same business? This
clearly illustrates that there cannot be something wrong with the
business opportunity.
One
of the most important ingredients in succeeding online is YOU, your
attitude and your commitment.
If
you are not serious about making a success, you will not make it.
If you are not serious about developing the mind set of a millionaire,
you will not make it. If you do not take your personal development
and self growth serious, you will not make it.
There
is one mlm company which I prefer. Their system does it all for
you. It sends the follow up emails and when people sign up it does
the training and support which is more important than getting people
to sign up. Click
here and register for the 9 day free trial.
Affiliate
Marketing
Affiliate
marketing is a very broad subject. If you sign a deal with your
local estate agent that you will market her services but for each
client you referred who buys a property, she must pay you $300,
then you are in fact an affiliate of the estate agent. This is exactly
how affiliate marketing works.
You
market the product or service of somebody else. If you do this online
you will normally get a unique link to use. The vendor's web site
then tracks the visitors according to your link and will know which
clients you referred. Once somebody makes a purchase you will get
your commission. This is the most brilliant way of advertising since
you only pay for successful business.
At
Clickbank there are millions of products to choose from which you
can market. You can register for a free affiliate account at Clickbank,
click here to do so . You then use your web site or blog to
advertise these products and services.
Clickbank
offers mainly electronic products like eBook and software. You can
also market some real products at some of these affiliate houses:
(click the name to go there)
Sharesale,
Commission Junction,
Offerforge,
Trafficsynergy
, DGM Pro (UK)
In
my eBook I explain in detail how you can create
your own money generating web site by using adsense and affiliate
marketing. You can get a copy of my eBook now at http://www.passive-income.co.za
Your
choice
The
opportunity you choose will depend on your skills. If you do not
know how to build a web site then rather stick to something where
you do not need a web site, like MLM. |