Network Marketing Downline - Shower Your Team With Love
How can you construct a rock-solid downline? Support for you and your team is critical. I've seen what happens when you attempt to do it alone, and it doesn't end well. When looking to join a network marketing organization, look for one that provides excellent assistance, as this might be the most important aspect of your business. More crucial than the compensation plan, however a strong plan is preferred:-). Now, let me explain why I place such a high value on support systems.
1. Prevent high dropout rates
According to reports, the bulk of affiliates for internet marketing platforms seldom make any money. According to statistics, 80-90 percent of those who pay substantial money to a system or program make very little or no money at all. Many people run advertisements for 30 or 60 days. If you don't succeed, you'll give up in despair. They abandon it in search of another that "works." They go through this procedure over and again. Have you ever heard someone remark, xyz.com is garbage, it looked great but I never earned any money? Perhaps you've said or thought something similar!
I am quite aware that I am guilty of this. I didn't realize there had to be anything else wrong until I tried it five or six times.
2. Get them while they're still hot.
People are delighted and enthusiastic when they initially join an opportunity. If individuals could have gotten the aid they needed when they were interested and involved, they could have had some success and created a business that works.
3. Discover how you can almost certainly succeed.
It makes no difference how many individuals you recommend! One or fifty persons. (fifty is preferable):-)
but.....
The only reason you are not successful in multilevel marketing is that you were unable to assist or be assisted in the work of acquiring your down-line a down-line. It makes no difference how many individuals you bring to a business opportunity; what counts is how many you keep. You have little to no chance if your downline does not generate any recommendations!
Don't worry, THE OPPOSITE IS ALSO TRUE!
IF you can assist your recommendations in getting their own referrals......
Your chances of success skyrocket. Let me try if I can clarify.
4. The Story of Two Marketers
The story of Jim and Jill, two marketers
Consider the following: Jim, the astute marketer, spends money on advertising and works hard to acquire 50 referrals, which is fantastic. But he makes no effort to assist anyone; after all, every man and woman is responsible for themselves. After 30 days, 28 people have dropped out, with the remainder following in the second month.
Jim must weigh his options: should he spend all that money on advertising again?
Consider Jill. Jill discovered a system with a plethora of support options and enough of help to get her started. Jill was able to tell about all of the help she received, and as a result, two individuals signed up for the program. Jill immediately begins to assist her recommendations, teaching them how to recruit two individuals as well. The program is designed to demonstrate to each individual the importance of training your two new recruits.
It takes around two weeks to educate new employees and assist them in getting their projects off the ground. Jill proceeded to assist every new person in her team's downline once she found two referrals and got them started. In this case, Jill did not pursue any further personal references. Jill's squad now has 16 members after the same 60-day period that was Jim's nightmare. Eight of these individuals already have employees! I'll say it again because it's important. Jill's squad comprises eight downline members, which reduces the likelihood of dropout. Consider this: if you introduce individuals to your opportunity, you will feel obligated to remain with it as well as excited about prospective development.
You've introduced someone to this new method, and you're going to make a commitment to it to prove that you were offering sound advise. If this pattern of encouragement and incentive continued for another 26 weeks, Jill would have a team of 8,000 people. 4000 of these people will have down line members, with the potential for more in the future.
The truth is somewhere in between these two instances because you will not be able to convince everyone to participate; nonetheless, may I add one more point? Assume that each participant is only going to spend $5 on advertising. Jim and his crew have a $5 advertising budget.
Jill and her team have a total advertising budget of $85 at the 8-week milestone. At the 26-week point, 8192 persons had received $40,900. Can you see the opportunity here?
So I hope this touches a nerve with you. Network marketing company prospects may be incredibly profitable, and it is now a well-established business concept that can provide you with a substantial long-term income.
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