Multi level marketing (MLM) is a business concept that involves selling the products by encouraging other people to be in your team. A commission is earned from every product you sold as well as from the products the people in your down line (pyramid group) have sold. Obviously, if you have managed to create a big team, it will mean big financial rewards for you.
But what if it is a small team? Surely, you will never get to dramatic results from that, won’t you? Such is a common problem with multi level marketing business. If the member is not bolder enough to encourage other people to become their down line, making it to huge financial success is a hard job.
But then, any business requires hard work to come to success. Even internet multi level marketing business needs hard work, though not as physically tedious as traditional MLM. But when you think how a typical MLM business works, the internet marketing makes it more advantageous to people who do not excel in verbal communications, let alone sales talking, with other people. In a traditional MLM scheme, you make use of guerilla marketing strategies in order to attract people to sign up under your down line. If you exhausted your list, you are required to deal with strangers in the name of recruiting new members. You have to give flyers and leaflets to people and entice them to get interested.
Limiting to one area would not give you high chances of getting them signed up under you. Still, you need to exhaust all means such as putting flyers or leaflets on other people’s cars, leaving leaflets around where people can pick them up, billing leaflets to people’s mail boxes, and similar techniques. But as tediously exhausting as it is, you are still faced with the challenge that not many of these people will even get a second look and be interested.
Some aren’t just interested because they simply don’t believe about the scheme while others may look at it as another typical scam trying to hook people with their money. Some are not interested because the typical MLM concept requires large money for the initial investment while others are just too busy to care about your flyers and leaflets.
So, from the hundreds of people who got the leaflets and flyers, you may probably have only a single phone call inquiring about your business. With luck, you can have that call turned into a sign-up member to your team. With more luck, that person will turn out to be a hard-working member that helps to make your team bigger. If not, better luck next time for you.
For the people who hate all the above work, the internet multi level marketing seems to be the ideal alternative. It does not require tedious physical work to convince people. There is no money used up to make and distribute those papers. There is no huge sum needed to bring the supply of physical products.
The internet MLM business has electronic products to be supplied. Referring or recruiting new members is done via the internet. Business deals are done online. Obviously, the internet has more advantages to people who don’t have the guts to work outside home. So, if you want to be involved in a money-making scheme that brings real money to your bank but do not want to be doing all those hard work stuffs above, you can try the internet multi level marketing business.
If you want more information, you can research, again, the internet to find effective ways to use the methods correctly in order to be a success.
JV is the Founder of Digital Entrepinoy. He is a dreamchaser who has gained a wealth of knowledge in entrepreneurship, personal development & internet marketing over the past eight years through self-education. His mission is to inspire millions of people to become online entrepreneurs by awakening their minds to their greatness that resides within them.