My network marketing tips are designed to help you should you be considering entering into this popular yet often misunderstood form of marketing. Network marketing is nothing new, it existed long before the advent of the world wide web however the internet has added a whole new dimension to it's scope and power. Network marketing is a way of not only earning commission from any sales that you make but also generating income from those in your team who are also making sales. Your team is also referred to as your 'downline'. Here are the ten network marketing tips that I consider to be the most important â€Ś 1. The core product of the network marketing organization that you are promoting must be of a high standard. Not only will poor quality products ultimately fail but you will become dispirited and disillusioned. 2. Does the product have mass market appeal? 3. You should only represent products that give you an adequate level of commission. Like all forms of online selling, network marketing does require real work and so you should be sure that your efforts are adequately rewarded. 4. There needs to be good quality up sells. Once you have signed up a new team member there must be additional products that will appeal to them. 5. You should find out, in advance, from the company you are representing, the lifetime value of a customer. With this information you can calculate how much you can spend to acquire that customer in the first place. 6. The network should be constantly adding fresh material to their site. A stale, lifeless website will be a huge turn off for all concerned. 7. There should be first class ongoing technical support. 8. Check out the management. A network, like any other organization, is only as good as the people at the top. What is their vision and what are their plans for the future? 9. Look after your team. This type of marketing structure depends heavily on you communicating on a regular basis with your team who are, after all, your customers. 10. Stay legal. The Federal Trade Commission have very strict rules concerning consumers rights and the the activities of all online commercial enterprises. Network marketing, properly structured and run can be a medium to long term way of earning a considerable income, however the evidence shows that it is only those who are prepared to work hard and with dogged consistency that will reap the rewards. Although the above are my top ten network marketing tips there is a great deal more to take into consideration. It is, in one way, no different than entering into any business venture â€“ caveat emptor - buyer beware!
See you in cyberspace. Lawrence Stainbank
Published on Jul 4, 2013
Network marketing can generate considerable incomes but it needs to be approached with caution. I am a network marketer and want to share my...