Do You Know What Your Best Commodity Is?
To be successful in network marketing you must answer this foundational question. If you are going to build any small business – be it brick and mortar or any home based business – it is essential to know what your best product is.
If you listen to what most people in the network marketing industry say it seems safe to assume that the focus is on two things: product quality and the opportunity itself. Prospecting becomes an activity where the business owner tries to convince friends or strangers that his products are the best. Or that some aspect of his opportunity is the greatest. The best pay plan for example.
Granted these are important. But most prospects aren’t really interested in the quality of your products or the richness of your pay plan. That is because it is not immediately obvious to your prospect how any of this affects her. It may be obvious to you. But she doesn’t get it.
Why? Because she isn’t looking for your quality products or your great pay plan. So if she isn’t looking for your product, selling its quality doesn’t help you sponsor people.
If product quality – or your opportunity – is not your number one selling point then what is? To answer that all important question let’s ask another one.
What One Thing Are All Your Prospects Looking For?
Once you answer this question properly you will realize that selling product quality – or your opportunity – isn’t your best course of action. In fact you don’t want to sell your products at all. Not directly.
Confused?
To clear up the confusion let’s answer the second question. All your potential prospects and customers are looking for solutions to their problems.
So how do you build a successful home based business? You identify the problems your potential prospects and customers have and provide solutions.
Let’s look at two examples:
Let’s say that you know something about kidney health. Instead of trying to convince people that your product will cure their kidney problems take a slightly different approach.
Produce content that helps people solve their kidney problems.
Tell people – a certain niche of people – how they can improve their own kidney health. Maybe there are certain dietary considerations to keep in mind. Perhaps exercise can help. Perhaps drinking more water. Perhaps supplementing with certain nutrients.
Whatever someone can do to improve their kidney health… tell them. Help them heal themselves.
So are you healing the world for free? Not exactly. You are branding yourself as a trusted expert and advisor in a particular area of health. You are demonstrating yourself to be an expert to whom people can turn when they want solutions to their kidney problems.
And they will take your advice. When it comes time to buy a product that will help them, to whom do you think they will turn?
Here’s the other example.
Let’s say you know a lot about building an online network marketing company. Why not help other people achieve the same success? Tell them how to do it. Help hungry business builders begin the process of building their own successful network marketing business.
Tell them how to change their thinking away from traditional prospecting methods. Tell them where and how to build online content. Tell them how to build a marketing system that will draw prospects to them.
Again, you are branding yourself as an expert advisor who will help others achieve their goals and solve their problems. When it comes time to align themselves with someone in business to whom do you think they will turn?
The Best Thing You Can Offer Your Prospects
But I still haven’t fully answered your question. The question about what your number one commodity is.
Have you guessed it? It is not your product. Nor is it your opportunity. It is nothing like this. It is…
YOU.
You, as an expert and mentor, are the most important thing you have to offer your prospects. Show them that you are willing to help them solve their problems and they will seek you out.
By: Gregory Post
Posts Tagged ‘People’
Network Marketing – Get More Prospects by Offering the Product They Want
January 16th, 2010Network Marketing Opportunities And How to Finally Learn How to Promote Them!
January 5th, 2010
Did you know that there is a big secret when it comes to promoting network marketing opportunities? No matter if you are involved in the industry are not I’m sure you’re going to benefit something from reading this article. I have been involved in network marketing for many years now and have realized that the one big mistake that I always made when promoting a company product or service would simply be targeting. Lack of targeting can quickly take you out of the game with MLM.
What do I mean by this? Well traditional training that have to do with this industry always tell you to target people that you know and tell them how great your opportunity is and bring them to your website or hotel meeting. Case and point is that this rarely works because they are not the people you ought been looking for you. They have no interest in starting a business and they have no idea what MLM and network marketing is.
Have you ever had an experience with one a family member who you shared the opportunity with and have them laughing you face? If not then it will happen and if so I know exactly how you feel.
That’s why the number one secret network marketers need to understand right now is that their target market is with other network marketers. People who understand the business and are going to jump aboard and not need to be taught all the ins and outs of the industry. They understand the importance of it and how powerful having a downline is. They understand what needs to be done and they will go out and do it. This is how you can explode your organization beyond your massive imagination.
When you target these types of individuals they will continue to do the same themselves and thus you have a worldwide organization with in half the time you would have by targeting your friends and family. Do you see how powerful this strategy is?
Unfortunately I have not heard this taught by many teachers out there because they continue to say the same old thing but always remember this article when you decide you want to go to your family and friends and pitch them on your opportunity. They most likely don’t want to hear from you, so put your opportunity in front of the people who actually do care which are existing network marketers.
By: Omar Negron
Network Marketing Facts – Six Tips to Permanently Eliminate Rejection
December 28th, 2009
Introducing Network Marketing Facts hindering your success. If you have been in network marketing for any amount of time, you have probably heard of statements like: “Rejection is part of the game. You must swallow hard and move on. That is what you have to go through if you want to be successful in network marketing. You have to live with it”.
Right? Wrong!
Do you sometimes fear to pick up the phone and call prospects? Is your upline telling you to endure? Are you wondering how long this stuff will go on? No wonder, 97% of the network marketers who get started fail.
I have good news for you. You can eliminate rejection permanently from your network marketing business. That is a network marketing fact even Guru’s don’t know. Have you ever wondered: Why are network marketers rejected and yet they are trying to help? “I am not interested” is the response or they hung the phone on you. You don’t have to endure such stuff.
Here are six critical Network marketing Facts you must know if you want to eliminate rejection:
Stop soliciting people who never asked to be solicited. You must put systems in place which keep funneling pre-qualified prospects into your pipeline. This is a hard network marketing fact most uplines are afraid to tell their distributors. Not everyone is your prospect. You must present your opportunity to those who have expressed some kind of interest in it. Have a genuine desire to help your prospects. Don’t think about closing the sale before the call. Just think about your prospect and how you can help them meet their needs. Start by getting information other than giving it. This is where most network marketers drop the bomb. You start with your sales pitch… How your products are great, how your company is second to none, how much you have a killer compensation plan. Here is a network marketing fact: “All these things don’t matter so much”. Using this strategy will kill your business. That is why they will raise objections to everything you are saying. You must ask questions to see if what you have to offer is of any value to them. People buy things for their own reasons not yours. Assure your prospects that it is okay to say no if they don’t like what you are offering. And, don’t just say it. Mean what you are saying. Statements like, “Well I have something but I don’t know if it is a fit for you”. This will take the sales pressure from you. No one likes being pressured. Listen Listen and Listen. It is okay to have silence interludes. Unfortunately, most network marketers have been taught to overcome objections. This is totally wrong. Here is a network marketing fact, if you listen very carefully, you will never ever suffer from rejection again. Your prospects will see that you are truly interested in them and they will do business with you. Respect your clients and their decisions. This is very hard for most of network marketers. If your prospect says no, they mean it. At this time, you must ask them why and probably give them more information if they want to understand something. And, as a true professional, you should know when to move away from the sale.
When you get these network marketing facts, you will start enjoying the beauty of network marketing. You will always look forward to making the next call.
Again, you don’t have to suffer rejection. Your life is too precious to waste like that. If you take these facts at heart, if you start implementing them, you will wonder how you managed without them.
By: Annette Tush