To those who have not received proposals to their mail, to work online from home, or seen advertisements in this regard where it is offered from their own business with little investment, to an exorbitant profit without doing anything more than registering under someone…, Well, in this course I will explain briefly how Network Marketing or Multilevel companies work.
What is a MLM and how does it work?
Multilevel marketing is a sales tactic that has been used for several decades and consists of the creation of a network that is made up of a consumer who is associated with a company obtaining a code that authorizes him to be a distributor of their products, code with which can purchase such products directly from the manufacturer at more affordable prices.
Some people associate only for the benefit of consuming these products, which gave them excellent results, at discounted prices and others apart from this, to market them and make a profit from their sale.
In addition, the affiliate code also authorizes you to obtain a percentage of the profit of the people who affiliate under it so that they in turn consume or market the products.
In this way, the affiliated distributor earns for the savings he makes in his consumption, for the percentage for selling the products, for the percentage for the sale of the people who joined under his auspices up to the depth level determined by each multilevel company in addition to bonuses and royalties according to its established rules.
In this way, each member can build and direct his sales force by recruiting, motivating and training others to do the same as him, thus building his own organization.
I put the following example that I once read in a business newsletter:
You go to a special candy store, and you always go there because the desserts they make there are excellent. You recommend that same candy store to 3 friends and in a month there are 3 more customers in that place. Then each of the people you recommended in turn recommends 3 other people, so the following month there are no longer 3, but 12 new people who will frequently eat at that candy store. And if, in turn, the new guests recommend it to 3 others, a total of 39 new customers will be in the candy store in 3 months or less, and all thanks to you and your first recommendations. And that was a job you did without earning anything.
In a MLM you have no obligation to invite anyone to the "candy store", but if you do, they pay you a commission. And they continue to pay you that commission every month for the people you recommended and continue to consume and for the people who in turn were recommended by your recommended to infinity or to the level that each company has.
The number of affiliates you recruit directly has no limit. You can invite as many people as you want and can. The same your sponsored ones.
Differences between "Network Marketing or Multilevel and" Pyramids "
Many distrust this kind of business because they believe that a MLM is the same as a Pyramid and they know that pyramids are illegal, so it is important to recognize the difference between them.
Ø PYRAMIDS. They are not companies, they have no company name, and they act outside the law.
Ø MULTILEVEL. They are established companies, they have a company name and they are and always have been legal.
Ø PYRAMIDS. They do not offer a product or service, you just have to invest or "donate" money.
Ø MULTILEVEL. There is a product or service to market or recommend.
Ø PYRAMIDS. It is mandatory to invite people to join in to "invest" their money.
Ø MULTILEVEL. Inviting people to join is optional, although advisable for business development and forming your organization. If you wish, you can dedicate yourself solely to the direct sale of products or services; or in case the company does not request a minimum order, it can only do so to consume the products or services at a distributor price, which is not bad. However, to have substantial earnings it is necessary to invite other people.
Ø PYRAMIDS. Only those who are higher in the pyramid win. The "partners" below hope to win something one day, generally they do not earn anything and it is at that point when it is spread that it is a scam because there is no one to demand the return of the money.
Ø MULTILEVEL. The money earned is directly proportional to the effort invested in marketing the products or services and / or in inviting more people to enter the business, of which a percentage is obtained as a commission from all its direct affiliates and from all guests of your guests and so on up to the number of levels that the company establishes. Everyone has the same opportunity, and there are even cases of distributors who earn more than the person who invited them.
Ø PYRAMIDS. It pays for each person who enters and gives a certain amount of money. There is no product or service.
Ø MULTILEVEL. You pay a percentage for what the members of your organization sell or consume.
Tips for choosing the best MLM
- If any of them interest you, it is necessary that you look for information about the company, find out about its history, and that it is seen that it is a solid company. Take into account the characteristics of the products, if their price is within the reach of the average person and what their demand is. That the compensation plan has reasonable and achievable requirements. If a minimum consumption is requested, find out if the company, if you leave, would buy back the products that you have not sold. Avoid multilevels that promise zero work and zero effort, it is usually a lie or they are scams, in a multilevel you must make an effort and give of yourself the best you can, but, by and for you.
Tips and Recommendations
- If you are going to start a multilevel marketing business, do not create false expectations, you need to know that it will not generate large income from the beginning but in the long term, at first you will only see the profits as a result of your sales and in a multilevel the The main way to obtain large income is by creating your affiliate network and this will be related to the time you invest in this business, the desire you put into it and your ability. Continuous training is necessary, so you should keep informing, educating yourself, learning and improving your sales techniques to reach more people. There is so much information that your company is going to provide you, that at first it will seem overloaded, but believe me, this is only at the beginning,Then when you already have the preliminary knowledge to start everything it will be simple and if you keep training constantly each time it will be even more so, do not forget that it is a long-term opportunity and that it is necessary to know its operation well before starting to generate the expected income. It is a process and if you follow it you will succeed. By making sure you know well about the company you will avoid falling into scams and having knowledge that in this type of business you can become a millionaire but not without effort and much less overnight, you will be able to ensure that you do not fail since you will not be demotivated in the first months of being dabbling in it. Analyze the help that the person who is recommending the business gives you,(Although it is not an essential link to get to have considerable income because everything really depends on oneself) in the first months the help of your sponsor will be of much use since they have more experience than you in the business, however That is no reason not to fully immerse yourself in this wonderful opportunity that will give you nothing but satisfaction. It is important if you decide to start a multilevel marketing opportunity either part-time, which is generally how most of us start, or full-time, it is necessary that you organize your time well, make a work plan defining schedules so that you do not blur and you reach your goal.However, that is no reason not to get fully into this wonderful opportunity that will give you nothing but satisfaction. It is important if you decide to start a multilevel marketing opportunity either part-time, which is generally how most of us start, or full-time, it is necessary that you organize your time well, make a work plan defining schedules so that you do not blur and you reach your goal.However, that is no reason not to get fully into this wonderful opportunity that will give you nothing but satisfaction. It is important if you decide to start a multilevel marketing opportunity either part-time, which is generally how most of us start, or full-time, it is necessary that you organize your time well, make a work plan defining schedules so that you do not blur and you reach your goal.
Do you know what are the advantages of a multilevel?
- It is a good option to start your own business. In times of economic slowdown and unemployment, it is a good alternative for entrepreneurs with capital limitations since you can start it with a minimum investment. This system provides freedom of schedule. It does not matter what level of studies you have obtained. The training is free or very inexpensive and is taught by successful people from the same company. The earnings come from the commissions generated by your own sales and those made by the group of sellers you affiliate. Multilevel marketing allows you to meet people who are with the mindset of entrepreneurship which is motivating. It offers much of what your own company does: freedom, recognition and income linked to results.It gives the possibility of expanding through its territory and outside of it without any other limit than its own capacity for relationship and organization. The passive earnings that are generated can be very high, which guarantees future income without the need to work. Multilevel is a highly flexible medium that allows any individual to earn a very short-term income compared to traditional businesses.
How to start making money in a multilevel marketing company step by step
1. Look for a multilevel marketing company that has a track record of honesty and good performance, that has a product that you are interested in and know about or are willing to know about, and that has a good compensation plan.
2. Find out who are the people who are making the most money and contact them. Multilevel companies generally have an online conference room to explain the business to their prospects from around the world and there you have the opportunity to interact with them and ask them all the questions you have in mind to see if they suit your style. Also, before you start, make sure you know what your work team is.
3. Make sure the person you are joining is willing to help you. Did you answer your emails? Were you interested in having him on your team?
4. Keep in mind that you will have to spend time promoting your business there are many ways to promote it on free boards and if you don't have time you could also do it by investing money in printed flyers to distribute them in your locality or with Google Adwords that only charges for click.
5. Check how your commissions will be paid, how often and if the payment method is available in your country.
6. Join the multilevel marketing company that most interested you, with the sponsor you choose to inspire confidence and above all a company that suits your budget.
7. Get trained, get trained, get trained, this is very important, find, know, study everything related to your business.
8. Start promoting.
Beware of these great enemies of your business
As it is a business that you must develop from home, without bosses who supervise you and indicate what to do daily, you may find yourself with these great enemies that can even lead you to the final closure of your business, it is good that you analyze them to be prepared And it doesn't happen to you and you get to start, continue and succeed.
1. Lack of Motivation: you must stay motivated, continually read books of successful entrepreneurs, motivational, etc. You have to ensure that your degree of motivation is not lost, your business must continue to excite you and enthuse you as at the beginning and that only depends on your attitude. This is the most important point of all.
2. Lack of Goals: if you do not have goals, you do not know where you are going, it is like having a ship loaded with gold, but without a rudder, it is important that the first thing you do is set your goals, how much you want to earn, in how long, how many affiliates direct you want to have… and work based on it.
3. Lack of Support from your environment: Unfortunately, many people in our environment, generally very close people such as the spouse, or parents, children, friends, etc. Because they don't know about the business, they think it's a scam or that you're getting into a job that's just a dream. Do not take it the wrong way, these people love you and want the best for you, however remember that you are the one who has investigated all the pros and cons of this business and because of this you know that this is real and that only if you continue you can show them that those who are in error are them. Despite being important people in your life, you must focus on your goal knowing that when your business works they will also enjoy your success. Trust me, almost everyone has been through this.
4. Lack of Innovation: if your business does not continue to grow, you have monthly profits but they have stagnated, it is time to innovate your techniques, reinvent your strategies, otherwise it may happen that the competition surpasses you. This is demotivating so avoid it at all costs. Stay updated keep training remember that we will never finish learning.
5. Lack of Advice: many businesses are paralyzed due to lack of people to provide advice to their owners. To solve this, find someone to help you, it is good to surround yourself with people who know about your business and how to make it work better.
6. Fear of Rejection: First of all, it is important to know that when a person tells you that they are not interested in your product or venture into your business, they are rejecting the opportunity and not you, so do not take it personally, continue Go ahead and overcome the fact that this is not your time, do not insist, the important thing here is that that person already knows what you sell and the business you recommend and if at any time they want to enter, they will look for you.
You should know that the more insistence, the greater the resistance, so let's take it easy. Do not be discouraged by a "no", in the market there are many people waiting for your proposal, many "yes" will come to you.
Avoid these enemies in your business and you will see how it will grow limitlessly, implement strategies to stay connected with what has motivated your business from the beginning and make it grow month by month.
Advantages of working from home
There are many things that make working at home a better option than working in an office. For me personally it is the way I can organize my time. It's true that working at home requires discipline and self-motivation, but the added benefits are enormous.
Here are some reasons why I am personally happy to work from home.
- Being at home, I am always available for my family. I can get up later. Breakfast leisurely. I don't have to ride the bus to work in the morning which usually ruined my day (traveling tight, elbowing you, backpacks and smells of others), by the time I arrived I was already tired without even having started, (especially if like me, you live two hours from your work, time that sometimes lasted according to traffic) and this without counting With the two hours back. Do not waste time and money on trips. At the end of work hours your sofa awaits you directly! Wait for mail, postman or some package and be able to receive it at home. Do not eat out, therefore do not spend money extra. Not having to work in formal clothes, you can wear the most comfortable clothes you have. I can take a shower at 8,45 and at 9 start the day working fresh. There is no boss who interrupts my work for another, according to him, of greater importance, nor who tells me to stay a while longer to do a last-minute job. I earn according to what that I produce, therefore I organize myself in such a way that my production is according to what I want to earn. I myself organize my work, if I have something personal to do, there is no problem I do it, that is if I do not stop doing the pending work when Return.If I have something personal to do, there is no problem I do it, that is if I do not stop doing the pending work when I return.If I have something personal to do, there is no problem I do it, that is if I do not stop doing the pending work when I return.
There are many other reasons, but I think these are the basic reasons why I am happy to work from home. In fact, several of the readers will have their own reasons why they would feel happy working like me and others will prefer office work and that is fine, but for me, I prefer to be able to have my time and organize it according to my priorities.
There would be much more to talk about on this topic, but I hope dear readers have contributed with your desire to know a little more about network marketing or multilevel in such a way that if you choose to join one, do so knowing what you are getting into. your money and effort. If you have any additional questions, do not hesitate to contact me, in the following link you will find my information.
www.oriettalossantos.ws
A big hug and many successes
"In times of great winds of change, many build shelters and go inside, others build mills and get rich…".
