Is Home Business For You - 2 Reasons To Build Your MLM Online
Is Home Business For You - 2 Reasons To Build Your MLM Online
LM is a huge opportunity especially when you know how to connect with people. Most networkers make the mistake of chasing their dear friends and family away from them before they realise that the opportunity is not just for everybody.
Moreover, most network marketers are faced with two major reasons for business failure.
1- Having not enough customer base, and
2- Running out of cashflow.
Building MLM from home has the advantage of eliminating both problems.
In essence, the purpose of any business is to create and keep a customer.
If we are not growing and sustaining a customer base, we will fail.
Imagine yourself initially scrolling down your phone and address book when you were new in your MLM. You identified every friends and family member who you think would be introduced to the greatest opportunity in the world, to their financial freedom.
Make no mistake, MLM is a an amazing opportunity. But is it something that they are actively looking for? Even if you are crystal clear that it will bring you success, they might not even comprehend because they are not ready.
This old-school networking practice is over. Eventually down the road, you will run out of leads and start to loose cashflow. That would greatly limit your business growth.
Problem 1 - Lack of Leads
The top leaders of MLM are profiting from a concept called 'attraction marketing'. It is a concept where you position yourself as the expert in the market and provide solutions to their pressing problems.
In the case of MLM, your target market are fellow network marketers who are committed to their mlm success.
With the advantage of home business, you could leverage on the power of the internet and reach a global audience. All this with a nominal monthly marketing budget.
Provide prospects with value for their business. Equip them with knowledge they could apply immediately. By adding value to their business, you are effortlessly recognised as an expert to them.
Problem 2 - Lack of Cashflow
Building MLM business from home has the great advantage of putting you in control of your marketing budget.
In addition, you could build a sales funnel around the expert value you have provided.
With the funnel, you are creating a cashflow by profiting through affiliate recommendations even when they say no to your opportunity.
With a minimum budget of $500 a month, you could be be building a steady cashflow while indirectly growing your MLM empire as your home business efforts supplement the other.
Gone are the days where you would need to travel for prospecting and opportunity meetings. with the internet, your home business would have a massive reach.
Imagine giving 50 presentations in a day, round the clock, in every country of the world. Would you be able to do that offline?
Even if you could, would you have the energy for it?
Identify the needs of your target market. Position yourself to be the expert on the subject and provide honest solutions. If their needs are met, it is more than likely that they would continue to refer to you and eventually join you as you have been a strong leader for them.
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