In 2016, I accompanied a friend to a network marketing training somewhere in Lagos. As I walked out of the hall at the close of the training, I was like, “Wow! Why has no one ever told me all this?
It looked so real that I was ready to quit any job to experience the freedom that comes with being a network marketer.
In split second, I had thought of close to 10 persons I was going to refer – that’s 10 prospective down lines!
The thought of how much I was likely to make monthly was so intoxicating that I spent several hours thinking and making plans without feeling stressed. I was so excited.
Starting very early the next day, I got to work – made calls, sent messages and tried to convince friends to join my new found gold-mine. But after days of unfruitful search, I was frustrated and I became even more confused than when I started.
How do I convince MORE people to join as my down lines? How do I get people to buy my MLM products?
I was worried for days unaware of this GREAT secret I am about to unveil to you now – The same secret that helped TOP Network Marketers in the WORLD build their network marketing business into goldmines.
If you are frustrated with the gap that exists between your network marketing company trainings and what your business actually needs in order to thrive and grow, then, this article is for YOU.
In this article, I will show you how to grow your network marketing business and position yourself among the top network marketers in the world.
Just follow me as we uncover the secrets together.
First, let’s ruffle some feathers, and shake some tables, shall we?
Network marketing is a BUSINESS not a GET-RICH QUICK SCHEME. And just like every other business, network marketing requires time and effort before it begins to generate income for you.
A SHOCKING DISCOVERY
A shocking discovery by Jon M. Taylor (PhD) reveals that;
- In the first year of operation of MLM companies, a minimum of 50% of representatives drop-out.
- After five years of operation of MLM companies, a minimum of 90% of representatives have left the company.
- By year 10, only those at or near the top have not dropped out – making it safe to say at least 95% of representatives have dropped out.
Does that mean only 5% network marketers remain successful after ten years? If yes, how can you join the top 5%?
# TIP 1
BUILD YOUR NETWORK MARKETING SYSTEM
Let that sink for a minute….
Do you know that many of the “Top network marketers in the world leverage on the internet to automate their business”?
Little wonder many of them have time to take trips out of the country, go to the beach, mountain hike and do other fun things.
But before automation comes in, there must be a system on ground to guide your automation process.
Take a look and analyze companies and entrepreneurs who are very successful.
They all have a system – a system that simplifies their work and helps them generate more income even while they are asleep. Even if it’s not a system created by them, they use a system which was created by someone else.
A system breaks down your business processes into minimal number of steps necessary to maximize return on investment and sets verifiable checkpoints with expected outcomes for each task.
Let’s assume you are just starting out as a network marketer and you carry out all daily activities like speaking to prospects, closing sales, follow ups at the comfort of your room, it is still highly important you build a working system.
By building this system, you will save yourself the stress of worrying about too many things at the same time.
With your plans and step-by-step tasks outlined for each major activity, you can follow accordingly without feeling burdened and achieve maximum results whilst measuring outcomes.
Not only that, imagine you are seeking to expand your business to reach more customer, you are going to need a little more persons to help you run it.
However, they might not have the basic know-how on how to run your business, so you need to create a simplified system that helps them to run the business in your absence. This is what we did with our Affiliate Marketing Service at AeC Digital Services.
At AeC Digital Services, we have a well-constructed system for all services we offer such as digital marketing, website designs and advertising services.
If we want to run a campaign for a client, we have an organized system that we follow that helps us do this within the lowest time frame possible and still achieve best results.
What is your system for getting new down lines?
You need to create a system that shows step-by-steps actions and outcomes from start to finish that helps you to recruit new down lines.
Are you going to launch a campaign on social media to drive traffic to a page/group where you run training?
When does follow up comes in? How do you follow up?
What is your system for selling your MLM products?
Do you want to blog about your products?
Do you want to add CTA (Call-To-Action) to your blog post?
How do you plan to drive traffic to the website?
By creating a step-by-step manual that helps you and your staff perform organizational activities effectively, you would be able to commit time to more important responsibilities and think of new ways to grow your network marketing business.
Before I dive into how to leverage on the internet to grow your network marketing business in the next blog post, I want you to take just 5 seconds to sign up to our email newsletter subscription form to receive notifications of discounts, FREE materials and other amazing offers.
Be the FIRST to benefit from our next PROMO, FREEbies, new content, services updates, FREE Business Tips, Training etc.
Head on to bit.ly/aecbenefits and sign up so you don’t miss out.