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.

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

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.

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

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.)

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