7 Critical Tips for Success in Network Marketing
Posted by Jenni Ryan on 5 July 2010 | 613 Comments
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network marketing success,
network marketing training,
network marketing tips,
network marketing secrets
7 Simple Tips for Breakthrough Success in Network Marketing and Home Businesses
One of the most common problems in the Network Marketing and home business field is the very high failure rate and lack of proper education. In a business that often is sold on hype and empty promises, it allows the average person to chase their dreams and build a business that could potentially provide financial freedom for life.
However, most people spend more than they will ever make and an exceptionally high number of people will quit within their first 90 days. Now, this could be attributed to the fact that honestly alot of people are just not cut out to be entrepreneurs and the most people are just not willing to the pay the price of sacrifice to achieve the results.
Having said that, for the 5%-10% of people who truly have the desire and hunger to succeed, sometimes are left without a clear blueprint for success and without the real skils needed to become a 3%er. They are still being taught to do home parties, chase friends and family and cold call leads. This may work for a small minority of people , but the most valualbe lesson I ever learnt was that the only way to increase your income and success was to increase your value in the marketplace.
Following are 7 tips that will definetely increase your value in the marketplace and allow you to gain skills that will set you up for life.

No 1) Stop pitching your opportunity. In a world where there are literally millions of distributors and thousands of opportunities all claiming to have the best product and the best income plan, there is really only one way to stand out from the crowd. STOP pitching your business and start providing value. People are not looking for products or companies , they are searching for solutions and want to find a leaader that can help them. Build your own brand.
No 2) Invest in Your Own Education - Gone are the days where you can hand out a few flyers or cold call leads in order to acheive results that will set you free. Competition is at its highest and with more and more people turning to the internet searching for answers - it makes complete sense that you need to dominate the internet putting your marketing out there exactly where people are searching. The most successful top earners all have been educated in the latest effective marketing training that allows them to generate hundreds of leads every day.
No 3) Build a list - You may have heard the saying before that 'The money is in your list' . Well, its true! Without a list, you dont have a business. You need a list that you can market to and people buy from people they like and trust. So build a list, build a rapport with that list and then market to your list. Then repeat.
No 4) Automated Sales Funnel - Customers who have already purchased from you are your best customers and more likely to buy from you again. You need an automated sales funnel in place that will upgrade your new customers to your higher priced items without you actually having to make the sale. Start with a lower priced item providing valuable information and then funnel them into your higher priced items. This is exactly how all the industrys leaders build their business.

No 5) Monetize Your Leads - No matter what business or opportunity you are promoting , 95% of your leads will not want to join your business. However, if you own your own list and have everything else in place above you can monetize your leads with other offers or tools that you are an affilaite of so you are not going broke just trying to sell your opportunity. Doesnt that just make good business sense?
No 6 - Traffic to a Lead Capture Page - Without leads your business will die. Always be on top of the latest marketing strategies and always be testing for new ways to generate leads. When you have leads flowing in consistently, its a given that you will grow your business.

No 7 - Products that Make You Money - Last but not least. Make sure you are marketing a good product that can make you big commissions. For the same amount of work as marketing a product that only makes you less than $100 per sale you could be making literally thousands of dollars per sale. Its no more effort when you have a good sales funnel in place and despite what your limiting beliefs may allow you to think - People who are serious about changing their financial future are willing to invest money to make that happen. Signing up for $10 programs will see you chasing your tail for years. Think bigger and start treating your business as a business and not a lottery ticket and you will see great things happen.
Get your free report which details the 3 critical components for breakthrough success in Network Marketing.