Posts Tagged ‘Marketing Sales’

What’s Wrong With Network Marketing and MLM?

December 17th, 2009



97% of network marketers fail and yet within the system of network marketing there is a powerful way for making a lot of money, so what is wrong with mlm that so many people fail at it?

Network Marketing Targets Friends and Family

In the past network marketers were always taught to approach friends and family about their opportunity, in fact anyone who came near them. Often the people were not interested, even skeptical, about this opportunity and so they made no money. The best way to sell network marketing products is to let people come to you and using normal online marketing or offline marketing techniques to promote your business.

Network Marketing Makes Unbelievable Claims

Another problem with many network marketing companies is that they make unbelievable claims about their business and their products. People are not stupid, they see straight through these claims and as a result become skeptical and turn against your multi-level marketing company. If network marketers want to sell products they need to ensure that they stay away from these claims and are honest with their customers.

Network Marketing Works to a Script

Network marketers are often taught exactly what to say, this does not meet the needs of the prospective customer and so they become disinterested. The successful marketer will listen carefully to their prospective customer and hear what their needs are and then match their products and business to the needs of their customer, speaking to the customer in a way that they are interested in and see from their point of view.

Network Marketers Are Taught They Don’t Need to Sell

Another problem with network marketing is that marketers are taught they do not need to sell, just share. This means that people come into network marketing with no sales skills and are not taught how to sell. Selling products or businesses requires selling. Telling network marketers they don’t need to sell when they do usually leads to them becoming disillusioned and giving up. Learn how to sell and teach others below you how to sell and you can be successful at network marketing.

Network marketing is one business which has been fraught with myths and lies and as a result 97% of network marketers have failed. If network marketers stop the cold call approach and learn to market and sell effectively, if they see things from their customers point of view and don’t make unbelievable claims then they can become successful.

By: Mandy Buchanan