What is Network Marketing also known as MLM and how does it work? Network Marketing also referred to as MLM is a form of marketing in which sales associates receive compensation, not only for personal sales but also for the sales of team members whom they have recruited. This can sometimes create a [...]
13. April 2012
Very recently we have had a number of questions asking about blogging and what are the best plugins and resources we use. We decide we would like to share with you our favorite blogging resources, and plugins. If you’re just starting out and are new or have no idea where to start, you’ll find [...]
5. April 2012
On April 2, 2012, SendOutCards was awarded the Mail Innovation Award by the United States Postal Service at the National Postal Forum in Orlando, Florida. According to the United States Postal Service, this award is given to postal customers who have demonstrated creativity in the use of the mail to drive significant business results and [...]
30. January 2012
What is the buzz all about with the company SendOutCards and why is it considered one of the most popular MLM companies right now. The SendOutCards Two-Fold Mission SendOutCards two-fold mission is to help millions of people act on their promptings and provide a vehicle for financial freedom. Why Is Send Out Cards Such [...]
16. December 2011
Network Marketing also known as MLM is built on four foundations. If any of the four foundations are missing, it is just a matter of time before failure will occur. Building any business TAKES TIME and their are NO SHORTCUTS! 1. Vision You need to have a very clear vision of what you want to achieve in [...]
29. November 2011
In network marketing there are three types of people in every organization: leaders, distributors and dropouts. Dropouts are the most numerous. They will join your organization, then quit before they can accomplish anything. Distributors will stay in your organization for a while and contribute at a lower level. They will usually buy the product [...]
25. November 2011
<<<<======Share on Facebook
If you Like, RETWEET HERE==========>>>>
Add Your Comment Below!
Finding the right home business or Network Marketing Company takes a little bit of work on your part. The number 1 priority, and should be at the top of the list is to find something, a service or a product you are passionate about. It should always be about what you like and what you will enjoy doing. It should also be about a product or service that you would use or take, even if you were not going to recommend it or distribute it to someone else. If you are passionate about a service or product it is much easier to present or share with others.
There is not doubt about a home business or network marketing company being sales. It is. But if you are passionate about the service or product, the company and the leadership it will seem less like sales and more about sharing. It’s like recommending a restaurant to a friend. You enjoyed the food, the service and you want your friend to have the same great experience you had.
I have compiled a list of suggestions that you should investigate before you start a home based business or join a network marketing company.
1. Be passionate about the service or product. Would you use it, buy it, and recommend it even if you were not involved with the business?
2. Is the company a member of the Direct Selling Association (DSA) and are they in good standing? The cornerstone of the DSA is the commitment to ethical business practices and consumer services through its Code of Ethics. Every member company pledges to abide by the code’s standards and procedures as a condition of admission and continuing membership in DSA.
The DSA Code of Ethics speaks to both the consumer and the seller. It ensures that member companies will make no statements or promises that might mislead either consumers or prospective sales people. Pyramid schemes are illegal and companies operating pyramids are not permitted to be members of the DSA. Direct Selling Association
3. Are they a member of the Better Business Bureau (BBB) and are they in good standing? If a business has been accredited by the BBB, it means BBB has determined that the business meets accreditation standards which include a commitment to make a good faith effort to resolve any consumer complaints. Better Business Bureau
4. Start up cost. How much will you need to start your own business? Unlike franchise companies, which can cost into the MILLION’s of dollars to purchase, most network marketing companies generally have low start up costs. There are hundreds of companies that offer start-up costs of under $500.00. When looking at start-up costs, it is often wise to look at how much do you need to sell or how many people you would need to recruit into your business to make your money back. Don’t look at how much time it will take, because time depends on how seriously an individual wants to build their business. Ask yourself, how many businesses can you start at home for less than $500.00?
5. What is the monthly cost for you to remain active in the company and earn commissions? Most network marketing companies require you to have an auto shipment each month to remain qualified as an active distributor and collect commissions and monthly residual income from the company. These monthly requirements can range from a few dollars per month to hundreds of dollars per month. A question you might want to ask yourself, will I use the product or service every month, even if I do not make any money that month? Is it affordable to me if I don’t make any money that month?
6. What is the company’s return policy? Is it in writing?
7. What is the compensation plan? Is it in writing? Is there a good residual income? Is the compensation plan clearly spelled out? Is it understandable? Is it front end loaded, meaning you get paid more on the front end of a sale and less in residual income (built over time)? Are there leaders that have achieved the top level? Compensation plans that reward only on the recruiting of new people and not on the sale of the product or service to the consumer, will be focused exclusively on recruiting new distributors and not selling the product or service.
8. Company Training. Does the company offer training? What type of training? Is there any cost? Does the training produce a successful distributor?
9. Is the company solvent? Can they meet their financial obligations? Do they pay their distributors on time?
10. How long has the company been in business? 5 years or longer is a good average. Start up companies can be successful, however there is greater risk of failure.
11. What are the intentions of the company’s owners? Owners that have a vision for the long term will most likely be successful. A company that has short-term vision of making several million dollars and then selling the company to investors most likely will not be a good choice. Ask why the owner started the company and what their vision is for the company, both short term and long term.
12. Is the company privately held? In a publicly trade MLM company they have a “fiduciary duty” to the shareholder of the company instead of the distributors. Share holders may demand increasing stock value and if this demand results in reducing the amount of commission paid to distributors, the death of the company may be just around the corner.
13. Is the company growing? Did they have more sales this year than last year.
14. Does the company sell directly to the consumer? What you should be looking for is that the company only sells the product or service through a distributor and they are the customers of the distributor.
15. Is the product or service of value to the consumer? If the product or service is of value to the consumer, then distributors will enjoy selling them because the consumer will be more enthusiastic about the product or service. This also makes it easier to recruit new people and turn customers into distributors. It should make the consumer’s life better or easier. Are there a lot of customers that want to buy the product or service?
16. Is the product or service competitively priced? Over priced products or services that can be purchased by a consumer, of similar type, for less money will be harder to sell. Does the consumer see the value in your product or service?
17. Your Sponsor. Is this their full-time business? How long have they been in this business? What is their network marketing experience. Is the person that wants you to become a distributor with them capable of leading you, training, helping you with training others? Are they going to be there for you or are they going to ignore you once you have signed on with them? These are important questions to ask before you join any network marketing company. Remember, you can have the best trainer/sponsor, but if you don’t produce they can’t make you successful, only you control that.
18. What is the competition of the product or service? Are there other network marketing companies that sell a similar product or service? What is the niche market of the product or service?
19. Do the company owners see their distributors as their most important asset?
20. Does the company listen to suggestions from its leaders? Do they implement suggestions from their leaders? Do they communicate with the leadership of the company? Do they have a “leadership council” that meet monthly, quarterly or semi-annually?
Chuck and Nicki Pousson
Skype: chuckpousson
E-Mail: intoucheveryday@gmail.com
17. November 2011
Share The Love on Facebook & RETWEET HERE ==========>>
Add Your Comment Below!
1. The number 1 reason you send holiday greeting cards is because cards make you happy. What do you open first? The bills? No, the greeting card! Not only does it feel good to receive but it feels even better to give.
2. Show people in you life that they are important to you. Send holiday greeting cards to your family members, your Mom, your Grandmother, they’ll feel like they raised you right. Don’t forget to put in a personal thank you for something nice that they have done for you.
3. It makes people happy. Get those real photos of the kids, the grandkids, a family vacation or special event in your holiday cards. Older people enjoy photos more than they enjoy something online since many of them don’t use a computer.
4. Someone needs to hear from you! It’s nice to be thought of…and it’s nice to think of others. I can’t tell you the number of people who tell me it was so nice to be included.
5. If you’re in business, it allows you to reach out to your clients and customers. Send them a heartfelt message letting them know how much you appreciate them. Don’t send them some generic card, send them a card that represents who you are and your business. Make it fun and unique so that it sets you apart from everyone else. Doing this will help build stronger, lasting business relationships. You might even consider adding a gift for those very special clients, the ones that refer you business. Remember to include a personal note inside the card, this can be the difference between a throw-away holiday card and one that is kept and remembered. Oh, by the way…sending greeting cards and notes to clients helped us build a multi-million dollar real estate business all by referral.
6. In business, it keeps you top of mind. It is much easier and cheaper to build relationships with clients to keep them than it is to get new ones. Instead of advertising to them send them a greeting card reminding them how much you care about them and the holiday greeting card is just another way to say this.
7. The Post Office needs you to do your part!
7 Reasons We Don’t Send Greeting Cards
1. They cost too much. The price can range from $2-$10, with the average cost around $3.50 per card.
2. It takes too much time. It’s not always convenient to go to the store, sign the card, address it, stamp it and go to the post office or find a mailbox to mail it.
3. You forget to send them. This is the number 1 reason.
4. You think it’s easier to send an e-card. e Cards are known virus carriers and therefore filtered by most business e-mail servers. They don’t even reach the inbox of the customer or client you send them to.
5. Your cheap. And your not thinking. Last year I received an e-mail Holiday card from a client that said he was boycotting the post office and this was my Holiday card. Really…
6. They’re not personal.
7. It’s not environmentally friendly.
Make sure you check out the video above and see why we send greeting cards to our clients every chance we get.
Did you know that there is a holiday almost everyday for the entire year?
16. July 2011
0 Comments