Saturday, October 13, 2012

How to Analyze Compensation Plans

How to Analyze Compensation Plans

By Jeffrey A. Babener
©  2000


One of the most important aspects to consider in a company is its compensation plan — the set of rules that dictates how distributors earn commissions, overrides, bonuses, and other compensation.
[Excerpted from the new book, Network Marketing: What You Should Know –
Jeffrey A. Babener, Legaline Publications – www.mlmlegal.com]

A Little History

After decades of classic door to door direct selling by the Fuller Brush Man, multilevel sales plans rose to popularity in the 1950s and 1960s (Amway, Mary Kay, and Shaklee), which allowed distributors to earn money not only on their own direct sales, but also to earn override commissions on the sales of the salespeople they recruited, the sales of the salespeople recruited by their recruits, and so on down the line. In the early programs — before the advance of computer technology — it was difficult for a company to manage all the downline information and payouts. So they usually allowed only "direct distributors" to buy directly from the company. These people would then sell products to the distributors in their downlines, collecting payment from them, and paying them their commissions, bonuses, and overrides.
Today, thanks to affordable, powerful computers, as well as efficient delivery systems such as UPS and Federal Express, there is no longer a need for direct distributors to act as go-betweens. The new companies and most of the older ones now allow all distributors to purchase directly from the company.

Go for the Goals

When choosing a company to join, the most important factor is not the type of compensation plan, but whether that plan is achieving important goals for distributors. Alfred White, senior management consultant at San Diego-based Hamilton LaRonde & Associates, Inc. recommends evaluating each company you are considering against the following characteristics of a good compensation plan:
  1. Is it easy to enter into the opportunity? You should only have to buy a modestly priced sales kit.
  2. Are you rewarded primarily for direct sales, rather than for override commissions?
  3. Are you rewarded for personally sponsoring others?
  4. Are you rewarded for recruiting multiple levels?
  5. Is the focus on selling products to the end consumer, rather than to your downline?
  6. Are you rewarded for training and supporting your downline?
  7. Are you rewarded for high personal volume?
  8. Are you rewarded for high group volume?
  9. Are you rewarded for maintaining a monthly volume?
  10. Does the plan provide for recognition?
  11. Does the plan offer nonmonetary rewards and incentives, such as trips or cars?
  12. Is the plan's monthly maintenance requirement reasonable - not so high that you can never achieve it, and thus never receive compensation?
Conversely, here are some compensation plan characteristics that should send you running in the opposite direction:
  1. A plan that does nothing to discourage deadweight distributors and nonproducers.
  2. A plan that encourages inventory loading or large investments in products.
  3. A plan that emphasizes gimmicks rather than product sales.

Four Major Types of Plans

There are many different varieties of compensation plans out there. They often have exotic names. But they tend to be variations on four major types of plans….
The Unilevel Plan
In this plan, recruits do not advance to positions above basic distributors, regardless of their performance. According to White, the principal advantage of the unilevel plan is that it’s easy for companies to administer and for distributors to explain to potential recruits.
Its chief disadvantage is its lack of flexibility in achieving some of the goals mentioned earlier. In addition, unilevel plans are limited in depth of levels of payment which inhibits deep sales organizations. Instead, front line width occurs which may cause sponsors to be "thin" in support. Over time, most companies that start with unilevel plans adapt them to look more like a stairstep breakaway plan.
The Stairstep Breakaway Plan
This is the oldest and most common type of network marketing compensation plan. After meeting certain performance criteria, a distributor advances in rank and "breaks away" from his or her original sponsorship line. The original sponsor receives a percentage override on the sales of the entire breakaway organization. In a way, a stairstep breakaway plan is a unilevel plan with the flexibility to motivate distributors to perform and advance.
Its chief advantage, says White, is that it has a good track record, is easy to modify, is accepted by regulatory agencies, and is driven by volume and performance.
The primary disadvantage of this plan is that it is sometimes so complicated that it’s difficult to explain to new recruits. Another disadvantage is that if the company does not monitor its distributors, they tend to get involved in inventory loading. And sometimes, there is an unreasonably high ongoing monthly personal purchase volume requirement.
Nevertheless, the stairstep breakaway plan remains the most tried-and-true type of plan out there today — and the most likely to survive in the decades to come.
The Matrix Plan
This plan looks like a grid in which a distributor is limited to a certain number of recruits at each level. For example, in a 3-by-5 matrix, each level down to five can have only three downline distributors.
This type of plan is sometimes considered to be more gimmicky than others. Why? Because due to the width limitations, new recruits may find themselves placed underneath upline distributors who did not directly recruit them. In a three-wide matrix, for instance, the fourth distributor you personally sponsor would be placed under one of the first three distributors you personally sponsored (your first-level distributors).
This automatic filling of spots in the matrix can be attractive to novice distributors if they sign on with strong leaders who help fill their grids. Also, it works well in companies where most of the products are used by the distributors, rather than sold to outside consumers.
Matrix plans have been subjected to attacks by regulatory agencies because they sometimes look like "a game." By and large, they have not had a successful record in the industry, and they foster nonproducers, which makes the upline distributors resentful. Nevertheless, several major companies operate matrix plans. Only time will tell whether these plans are here to stay.
Binary Plan
The binary plan is the newest on the scene. In a binary plan, a distributor is allowed to occupy one or more "business centers," each limited to two downline legs. Compensation is paid on group volume of the downline legs rather than a percentage of sales of multiple levels of distributors. In other words, payment is volume driven rather than level driven. Sales volume must be balanced in the two legs to be eligible for commissions, which are paid at designated points when target levels of group sales are achieved. The distributor may occupy multiple positions and may re-enter or loop below other two leg matrices in which he or she has been active. There is no depth limit on payment but each matrix has a finite amount that can be paid out, thus necessitating involvement in multiple two leg matrices. Payment in binaries is often on a weekly basis.
Proponents of binaries cite several advantages. First, they like the weekly payout. Since it is a series of two leg matrices, it is simple to explain. Group cooperation is promoted because payout is on group volume and requires balancing of volume in each leg to be eligible for payout. Some call it more democratic because of the limitation on payout in each matrix, the unlimited depth of payout, and the allowance of looping or re-entry.
On the other hand, the binary is the most controversial of plans. The binary had its unfortunate origins in the early 1990s in fraudulent gold coin programs, and its use later for other questionable products did not help. Those subsequent products were generally high-ticket one-time purchases such as consumer service or travel memberships, travel certificates or overpriced prepaid phone cards. By the end of the 1990s, and after many legal challenges, the binary was not in great favor, and only companies like USANA, that had applied the concept to consumables, seemed to be around.
Critics charged that the implementation of binary plans brought on legal and business problems. Companies and distributors tended to promote the plan rather than the product, creating accusations of a "money game." Often plans had a one-time sale requirement which created a something-for-nothing atmosphere and appearance of payment for headhunting recruitment. The multiple business center approach was often presented as a "purchase of a business center," an "investment," or a "front-load" of product. The ability to stack personal business centers also created the possibility of front-loading. The required balancing of sales volume between legs meant that hard work might yield no payoff and income would be forfeited, because personal production did not count if balanced sales volume did not occur. Finally, the multiple re-entry or looping created a "game-like" atmosphere in which an individual could end up in the downline of someone he or she had sponsored. For the distributor looking long term at a distributorship that might be sold, this "looping" also made it virtually impossible to place a value on a distributorship because no continuous downline genealogy could exist.

Last But Not Least

Here are some final yet important aspects of a compensation plan to check out:
Overall Payout
How much of the sales dollar does the compensation plan pay out to its distributors? Most plans pay between 35 and 45 percent of the company’s wholesale purchase volume, and about 30 percent of suggested retail volume. Look for a plan that divides the pie in your favor, without going overboard. A plan that is overly "generous" to its distributors can run itself into financial ruin. And that’s bad for everyone.
Orphan Commissions
When distributors fail to qualify to earn the commissions or bonuses on their purchase volume in a given month (usually because they fall short of the minimum purchase qualifying amount), the commissions they would otherwise have earned are called "orphan" commissions. Avoid plans in which orphan commissions return to the company. A plan should be structured in a way that orphan commissions "roll up" to the next qualifying distributor that month, rather than return to the company. This approach is also called "compression." Orphan commissions from terminated distributors should be handled the same way.
Lock-In
Look for a plan that has the lock-in feature; that is, when you reach a certain level, you "lock in" and cannot be demoted because of a temporary drop in monthly performance.
Other Perks
The compensation plans of most companies offer at least some perks for top performance above and beyond commissions and bonuses. These come in many forms: company cars, health insurance, free training, lead and co-op advertising programs. A few publicly traded companies even offer stock or stock options.
No matter what other advantages a plan might have, always ask this pivotal question: "Does it emphasize getting products or services into the hands of consumers; or does it emphasize making money by finding new recruits? If it falls into the latter category, run away — fast. In the end, says White, it’s the product — not the compensation plan — that drives success.

Sunday, September 2, 2012

What is MLM?

History of Network Marketing
(as seen on: Network Marketing Business School)

The history of network marketing originates back to the 1940’s where a company trading under the name of “California Vitamins” discovered they could make more sales when they had a lot of sales representatives selling a small amount of product each, compared to the traditional business model, of trying to have a few sales representatives selling a lot. California Vitamins also discovered that most of their growing customer base was made up of the friends and family of their existing sales representatives who had essentially referred them to the company as they were impressed with their product line.

New sales representatives were then created from existing satisfied customers and a commission based system was developed. Both teams and individuals were rewarded according to their sales efforts and as a result network marketing was born. The same company later changed their trading name to Nutrilite Food Supplement Corporation.

In 1959 Richard DeVos and Jay Van Andel founded the company Amway which was an abbreviation for the term “the American way”. Amway from day one was based on the same network marketing concept. Almost 50 years later Amway is a well established network marketing company operating in more than 80 countries around the world and with more than 3 million business operators.
Founders of Amway - Jay Van Andel and Richard DeVos
Jay Van Andel and Richard DeVos
Currently it is estimated that there are more than 50 million people worldwide involved in network marketing with almost 100 billion in annual wholesale revenue. Given the history of network marketing and it’s rapidly growing popularity, the network marketing industry is recognised as one of the fastest growing industries in the world today and is predicted to have significant growth well into the future as more and more companies are choosing to capitalise on this networking trend and choose to sell their products direct to the consumer. This emerging trend is also being driven by a wave of entrepreneurs who continue to drive the concept of improving quality of life and working from home.

Although the history of network marketing dates back to the 1940’s it is only now that the industry has come of age. Network marketing has now grown to the point where it is creating more millionaires today than the dot com boom industry did before the bubble burst.

The history of network marketing has stood the test of time and over the past 50 years has proven itself to be a successful distribution model and home-based business opportunity. The industry itself is now currently being endorsed by many business leaders as a proven system for anyone who wishes to achieve financial success. It is not surprising that network marketing is now one of the fastest growing industries of all time with an estimated 150 000 people just like you, joining the industry every single week.

Given the proven history of the network marketing business model and the emerging business trends the timing could not be better to capitalise on this trend and we encourage all entrepreneurs looking for a home-based business opportunity to seriously consider a network marketing business.


The Latest Business Trends
(As Seen on: Network Marketing Business School

Business Trends
At any given time there are several emerging business trends in society. In particular, if we were to single out one of the driving forces behind many of the economic trends over the past the 60 years it would have to be that of the baby boomers. Since the time they were born they contributed to the rapid increase in sales of baby food and nappies back in the 50s, schools and education in 60s, car sales in the 70s, the real estate boom in the 80s and the fast food chains and mega supermarkets in the 90s. Leading economic forecasters have used these trends to predict where the baby boomers will spend their money next and in particular were able to forecast the current emerging business trends in the Health and Wellness and Financial Services industries.

A new wave of entrepreneurs coupled with advances in technology has lead to a changing business environment. For example, the telephone has been a primary source of communication for over a century, but utilising our telephones to trade stocks, to send and receive photos and to surf the internet, is a new business trend that is a result of synergistic technologies. Although the elements of these trends have been around for years, the trends themselves emerge when the timing is right and when several factors come together. The health and wellness industry for example, has been with us for centuries, but it took the convergence of the aging baby boomers, with advancements in medical science, to create the critical mass of this emerging trend.

Modern day consumers want speed, variety, quality, customerisation (tailored to the customer’s needs) and choice. As the products that we consume become more sophisticated and complex, consumers are demanding a quality relationship with the provider of these goods and services. They want the products to deliver what the advertising promises. Educated consumers are now choosing to go direct, building a relationship directly with the parent company, which is fundamentally a different concept from the way we have done business in the past.

Going direct through referrals is a concept that has been around for years, but the opportunity for financial advances through access to global networks is enormous and immediate and one that business-minded people should not miss out on.

A number of young entrepreneurs have already spotted this trend. Michael Dell, founder and chairmen of 'Dell' computers is destined to become the new Bill Gates in the next decade, and is the richest person in the world under the age of forty today. One of the most admirable CEOs in America, Michael Dell, has a philosophy that is brilliant, uncomplicated and right online with this emerging economic business trend. He creates a relationship directly with the customer and sells high performance products. Using this direct, relationship model, 'Dell' sells approximately $25 million per day, directly to the consumer, by-passing the middleman, saving the consumer money and creating better customer loyalty.

The going direct concept coupled with building relationships between manufactures and consumers is the essence of the principles of network marketing. More importantly, it is a natural thrust of today’s economy. Network marketing uses relationships to introduce new customers to a parent company so that they can buy direct from the manufacturer. Although this network marketing business environment is not yet so obvious and many will miss its significance, those people that adopt this system early will be rewarded handsomely.

“Unless you are networking, you will soon be not working”
Dr Denis Waitley

Not everyone will see the rise of network marketing as a main stream method of doing business, just like 50 years ago people dismissed the business concept of franchising. Not too long ago people use to laugh at franchises, just as some people shy away from network marketing. Congress almost outlawed franchises with a bill nearly making them illegal, falling short of passing by only 11 votes. Today this vehicle is responsible for over a third of retail sales in America. Of course franchising was not for everyone, but those people who were open and willing to consider new ideas and who had the courage to take action in a changing business environment profited handsomely.

Today people are willing to risk hundreds of thousands, even millions of dollars to open franchises, hoping to capitalise on a business trend that if they acted on decades ago would have rewarded them enormously. Network marketing in the new millennium has entered the main stream and may become more prolific and popular than that of franchises. Unlike franchising however you are only risking your time and effort and not your fortune or a mountain of debt. With network marketing you don’t need inventories and you do not need to create and manufacture the goods and services yourself, you are simply the “direct” in going direct.

Network marketing is not just becoming mainstream, it is starting to become the dominant market trend and one that cannot be stopped. The real question people should be asking is how can they benefit from it?
Network marketing is no longer something to joke about, it is creating more millionaires today than the dot com boom industry did before the bubble burst. As with any opportunity timing is half of the success and execution is the other half. You have no control over the former as the business trend will emerge without you. The jet is leaving the ramp, you can either be on it or miss out. The second half to capitalising on this trend is in the execution, by doing your homework and finding the right company, all you need then is commitment and the desire to learn from those who came before you, and this webpage is designed to help you with exactly that.

So if you’re ready to take full advantage of this changing business environment, we suggest you do your homework and work your way through this site as we help you identify the right opportunity and how to become successful.


Saturday, September 1, 2012

Where To Get The Best MLM Prospects: "Lesson Learned From Higdon & Chen."



In his post “MLM Recruiting Advice – How to Start Before You Have Leads” he stated that info products has taken testosterone away from network marketers. This statement is really funny but it is true. I notice that nowadays a lot of network marketers are just waiting for leads, or spending so much time studying how to set up blogs and how to generate traffics. As I have learned and experienced, people can not duplicate internet marketing. It is so complex, and a lot of marketers are not techie and geeks. If you will push your down lines to know these stuff you will not make any money immediately so as your down lines. Imagine of 6 months of not earning anything? What will happen to you and your down lines? Tendency is you will all quit, that’s the sad part.

I also learned from Jerry Chen, one of BetterNetworker.com instructor who was also a friend of Mike Dillard and Ann Sieg. He said, “Stop looking for SHORTCUTS, and stick to what works.” The way I understand this, a lot of MLM practitioners nowadays are thinking that internet marketing or online attraction marketing is a shortcut to become successful in the MLM. This idea is only 50% base on truth. In fact doing internet marketing for MLM is only adding a new channel to get prospects and new clients for your business. There is no shortcut to success, don’t look for shortcuts because you will just end up looking for solutions that only leads to problem and another problem and another problem. Duplicate the system that successful people in the industry does. And I believe that idea is a shortcut.


 
            "Stop looking for SHORTCUTS,
                  and stick to what works."
                                                     -Jerry Chen


Getting The Best Prospects For Your MLM

Here are the list of blog posts that I found on RayHigdon.com where you can find the best prospects for your business.

1. MLM Facebook Prospect By Jess Higdon

2. How to Work Networking Events For Your MLM

3. How to Recruit Professional Into Your MLM

  Jerry Chen

Jerry Chen
Jerry Chen us a former rocket-scientist (literally) turned professional marketer.
He have been in the Network Marketing industry since 2004 and able to create multiple 6-figure businesses both online and offline since 2006.
He had been successful in two different network marketing businesses and have been earning full-time income in network marketing, affiliate marketing and info marketing (including marketing his own products and services) for 4 years.

To know more about Jerry Chen, you can check out his website on www.buildamagneticnetwork.com you will find tons of information and training that might be able to help you on your business.

Ray Higdon

Ray Higdon

Just a few short years ago, Ray was in personal foreclosure and devastated as a former real estate investor. Just a few short years later was able to bounce back by building a network marketing business. He’s passionate about helping people do the same. You can check out his blog on www.rayhigdon.com







Omeng EPrenuership.
09276740478
olrem.jmc@gmail.com



Sources: Edison Victorino, http://www.7figurehomebusiness.com/mlm-prospecting/getting-best-mlm-prospects/
              Jerry Chen, http://www.buildamagneticnetwork.com/
              Ray Higdon, www.rayhigdon.com

Tuesday, August 28, 2012

REAL problem with MLM


It never ceases to amaze me the extreme polar views on the topic of network marketing and MLM. Some people are passionate about it in the extreme, and there are even top celebrity authors like Robert Allen, Mark Victor Hansen, and Robert Kiyosaki doing it and advocating it. Yet, in many circles, you might as well declare yourself a leper as admit to being in network marketing.

So, what is the problem with MLM and network marketing?

Maybe it's the pyramid structure? But you can't really take issue with the tiered compensation structure—almost every large sales organization in the world has that. Salespeople get commission, and sales managers get overrides or bonuses on top of that, and sales directors on top of that, and VPs on top of that.

Or maybe it's the fact that you have to pay to participate in it? But that can't be it—that's a standard franchising model. And I assure you, the franchise fee of most traditional franchises dwarf the sign-up cost of any MLM program by comparison.

Now certainly, there are illegal pyramid, or "Ponzi", schemes. This is where the money is all being made off of signing up other people, with little or no real product ever being delivered. But in spite of whatever perceptions people may have, the fact is that Amway, Excel, Avon, and many others have sold millions upon millions of dollars of products to happy customers, many of whom are NOT also reps. So, there may be a perception problem here, but if so, the perception is out of line with the reality.


But surely the bad reputation MLM'ers has some more basis in fact than the occasional illegal pyramid scheme?

The real problem with MLM is not MLM itself, but some of the people it attracts. Network marketing is just a business model, and it really amounts to "micro-franchising". Its upside is that it has a very low cost of entry, with the potential for exceptional revenue, and there are those who achieve that.

But those same things that make it attractive make it attractive to many who are NOT really qualified or prepared to become business owners. The salient characteristics of MLM make it attractive to people who:

  •     have not done well in their business or profession and have little money saved up to invest
  •     have no previous experience owning or running a business
  •     have no previous experience in sales
  •     have little or no experience developing business relationships other than that of employer/employee/co-worker
  •     are not satisfied with their current level of income
  •     have unrealistic expectations of the amount of work involved compared to the revenue realized

Don't get me wrong—I'm not saying that there's anything wrong with any of these things, or that this describes even a majority of network marketers—only that it describes a disproportionate number of network marketers, and that many of them never do anything about it.

As a result, many network marketers end up:

  •     over-selling the opportunity
  •     inappropriately discussing business in social situations
  •     coming across as desperate
  •     over-focused on new recruits and neglecting existing customers as a result
  •     being either inaccurate or deceptive when talking about their business

Again, I'm certainly not saying that this describes a majority of network marketers, but it does describe enough of them to tarnish the reputation of the rest. To pre-judge someone based on the basis of a small minority of people in that group is horribly unfair, but we must realize that most prejudices have some basis in reality, even if it has been distorted.


So what's the solution?

There's a first time for everything. And network marketing/MLM is a great opportunity for people to have their first business, their first sales role, etc. My point is this—recognize it for what it is: it's a business, and you are a business owner. And if you've never owned a business before, if you've never done sales before, if you've never networked before, you need to learn about how to do so, not just from the network marketing/MLM experts, but from established experts in those fields.

Network marketers who are serious about building a business should be reading and learning about business fundamentals, the latest sales and marketing techniques, strategies for networking and business development, etc., not just swapping tips at your team's weekly or monthly meeting. Act like a small business owner, and people will treat you like one.

-Omeng EPrenuership
09276740478
olrem.jmc@gmail.com


(Sources: Scott Allen, former About.com Guide, http://entrepreneurs.about.com.)

Monday, August 27, 2012

MLM 101: Prospecting

Ito ang version o translation ko sa sikat na sikat na ebook ni Ann Sieg na "7 Great Lies of Network Marketing." Ginawa ko ito upang matulungang ibangon ang bagsak na bagsak na imahe ng Network Marketing dito sa Pilipinas, at para na rin tulungan ang mga beterano o kahit mga baguhan pa lamang sa propesyong ito.

Kung ikaw ay Pinoy Networker, malamang ay nasa isa ka sa tatlong "stages" sa iyong pagnenegosyo:

Stage 1. Excited na excited sa iyong MLM business - naguumapaw ang iyong excitement sa bago mong Networking business kaya gigil na gigil ka i-share ang negosyo mo sa iyong mga KKK: Kapuso, kapamilya, at mga kapatid, o sa lahat na ng mga KAKILALA mo.

Stage 2. Nagtataka kung bakit medyo bumabagal o humihinto ang iyong MLM business - hindi mo na malaman kung bakit parang nawala na lamang ang excitement ng lahat (pati na ikaw) sa inyong MLM business. Naiisip mo na siguro ay dahil kulang ka na ng pagdalo sa mga MLM trainings o BOM. Eto na rin ang stage na medyo nauubusan ka na ng mga prospects at kakilala para bahaginan ng iyong negusyo.

Stage 3. - Unti-unting pagkasawa o kaya naman ay Pagkasunog/pagkapaso sa iyong MLM business - dito mo na narerealize ang maraming bagay na mali o kakulangan sa MLM business mo. Na maaaring sobra ka palang na "HYPE" o nabola ng iyong mga uplines o trainors, o kaya naman ay hindi ka pinaglalaanan ng sapat na panahon para sanaying maging katulad nilang MLM Leader, etc...

Nasaang stage ka nga ba ngayon sa iyong MLM business? Talaga bang dadaanan lng lahat ng Networker ang tatlong stages na ito? Ibig bang sabihin ay tama  ang kadalasang sinasabi ng mga Negative sa Network marketing (?):

"Sa Umpisa lang iyan!"

Bakit nga ba ganito na lamang palagi ang nangyayari sa MLM business ng isang karaniwang Pinoy Networker? Tignan natin kung anu ano daw ang mga dahilan o mga kasinungalingan ayon kay Ann Sieg:

Greatest Lie #1:
"Everyone is your Prospect"

Lahat daw ng tao ay sasali sa MLM Business mo, hindi pa lang daw nila alam yun. Kaya kailangan daw natin ipaalam sa lahat ng tao ang tungkol sa "KASAGANAHAN" na ibibigay ng MLM opportunity mo.

Patigilin na daw natin sa trabaho ang lahat ng mga Pilipino. Dahil nakakaawa ang kalagayan nila na umaasa LAMANG sa sweldo tuwing akinse at katapusan. Dumating na daw ang MLM Opportunity na hinihintay ng lahat. Sasali daw lamang sila at pagkatapos ay hahanap din ng dalawa, o tatlo lamang na sasali ulit ay yayaman na sila!

Dahil dito sa napakalaking kasinungalingang ito kaya lumabas ang mga maling taktika gaya ng:

"PUSAKALAN" - o "street hustling", sobrang desperadong taktika ng pag rerecruit. Pati mga tambay, street vendors, at mga walang muwang na job hunters ay tinatarget gamit ang mga mapandayang flyers. Trabaho daw kuno, pero neworking seminar pala ang totoo. Ex. “Urgent Hiring” “Looking for” etc.

"Kidnapping" - eto yung tactic na iimbitahin ka pumunta kung saan, tapos malalaman mo na lang na BOM pala talaga ang pakay niya puntahan. Hindi lamang nya masabi ng diretso sayo kasi alam nya na tatanggi agad lahat ng imbitahin nya, lalong lalo ka na.

"3 Foot Rule" - eto yung practice na pag nasa labas ka eh pilit mong kakausapin ang lahat ng taong mapalapit ng konti sayo. Eto ang ginagawa ng mga taong bigla ka na lamang babatiin at kakausapin kahit di mo naman sila kilala. Bibigyan ka nila ng flyers, calling cards, at minsan ay mag pepersonal BOM na agad sila. Nangyayari ito kalimitan sa jeep, bus at kahit sa fast food chains.

"W. BUSH" - Withdraw, Benta, Utang, Sangla, Hiram

Dahil dito sa Greatest Lie #1: "Everyone is your Prospect" kaya nasira nang tuluyan ang reputasyon ng MLM sa ating bansa. Wala nang imahe ng professionalism na ibibigay sayo kapag nalaman nila na networker ka. Ang tingin nila sayo ay manloloko o “scammer”, at gagawin nila ang lahat para iwasan ka.

Dahil ang totoo:
HINDI LAHAT NG TAO AY SASALI SA MLM BUSINESS MO.

Bakit?

Unang-una, hindi lahat ng tao ay interesado mag-negosyo. Kabaligtaran pa nga ng kalimitang itinuturo sa atin, marami ang masaya na sa kani-kanilang mga trabaho.

Pangalawa, napakarami nang tao ang NAMUMUHI sa Networking, at may mapait na galit sa mga Networkers.

Mayroon akong narinig na kwento, na isang simpleng magsasaka ang naengganyong sumali sa MLM, na kahit kalabaw nya ay naibenta nya para lamang makasali sa nasabing MLM. Dahil sa mga maling "expectations" at sa nabigong pag-asa sa MLM, nagawa nitong magsasaka na ito na habulin ng itak ang taong nag-recruit sa kanya.

Pangatlo, Hindi lang ikaw ang may Networking Business. Napakadaming MLM Company na dito pa lang sa Pilipinas. Tapos may mga US based MLM Companies pa, etc. So ilan kaya ang total ng mga networkers dito sa Pilipinas? Definitely makakasalamuha mo sila, at pagnagkataon, pareho kayong nagpupumilit na i-recruit ang isat-isa.

In conclusion, Hindi lahat ay pwede mong i-Prospect sa Networking Business mo, Dahil nga hindi lahat ng tao ay pwedeng sumali sa MLM Opportunity mo. Sabi nga ni Ann Sieg:

"MLM is perfect for EVERYONE, but not everyone is PERFECT for MLM."

-Merlo Castro
EPrenuership
09276740478
olrem,jmc@gmail.com



Sources:
Ann Sieghttp://www.paulobaldemor.com

MLM "OFF Baliwan Strat."


(Source: http://www.oracledigital.com.au)

Wonder why you have so many posts, links and photos or videos of your MLM opportunity but still no response to where you post it?

Most of you are expecting that somewhere from nowhere somebody might be interested - right after you posted your ads or make money opportunity.  Maybe you are thinking this is the best opportunity - life changing business and so after I place this ad somebody will inquire and join my team.  Write as far a you can, explain your business, motivating statements or even post your check's and bundle of money...and say come join my team.

If you bring your offline MLM culture (hype,fortune-building attitude,proof-style) to online market like in your facebook pages, groups or to your profile - NOBODY WILL CARE FOR YOU.


Patients go to hospital NOT looking for DRUGS but for treatments to specific illness.


"Join me and you'll be Rich" tagline on Facebook - is no good to market your business.Why? because if I joined that Payaman Team and I'm new to business...what marketing system online will I duplicate? Will I also say and call ~ Hey Join my Team and you'll become Rich even I still yet don't know how to become Rich?


Baliwan system is less effective if you want to build your business ONLINE.


If you want to incorporate Internet Marketing into your Networking Marketing you have to master the common word of the two "MARKETING". When you are in the Groups or Facebook Page you already have the NETWORK so all you have to do is to know how to MARKET. If Internet Network Marketing is easy then everybody here on facebook are financially free.


Work your ass of to learn MARKETING and NETWORKS will follow. If you are good in showing up to the right market or building your market then your message will be entertained.


Master you way of doing Marketing while building your Network and you'll have the duplicable system that will create passive income as you wish in your MLM business.


"Internet Marketing is not for everybody unless you value your value."

-Jerson Frange

Join my Team and Explore more possibilities.
Omeng E-prenuership.
09276740478
olrem.jmc@gmail.com