Saving Money on Products
By Kevin | September 14, 2008
Retailing of a product is very important to an MLM business. Lack of (or even non-existing) retailing could be harmful to the distributor or the company as certain states have outlawed ‘headhunting’ and have their own policies.
Nevertheless, saving money on an MLM product is one of the most wonderful key features of joining an MLM company if recruiting is not your forte.
In certain compensation plans, repeat purchase of the products you buy from the company gives you more rebates or bonuses. In essence, the more you buy, the cheaper it becomes. This becomes an even greater pleasure if you are totally in love with the products or you have already set aside a budget for those products (which means you are now buying from the MLM company or your upline instead of buying from the supermarket, pharmacy, grocery store, etc)
There are some important aspects to take note however, if the company requires you to purchase the products in bulk (hence the term – frontloading), is there a DEMOTION in your achieved position in the company, is there MAINTAINANCE required, or how much are the renewal fees for membership. All these will be further discussed in the later chapters.
Meeting New People
This is one of the many reasons why people join MLM companies (even if the first two reasons discussed above don’t even concern them). There are all types of people in the world. Some like the positive environment. Others like the social events the company or team organizes. Some look for a potential life partner there!
Lots of people even go all out to join these kind of businesses to get more contacts for their OWN BUSINESSES (maybe even THEIR OWN MLM BUSINESS). Bear in mind one thing. There is this old saying that goes, you scratch my back, I scratch yours. If you participate in their activities but don’t go full force in their company/team vision, don’t expect them to join you or buy from you. There may even be negative repercussions (such as being banned from coming back to the company).
Growth and Development
One of the biggest reasons why I would recommend joining an MLM company and doing the business is opening your mind to positive thinking and achieving your full potential. There are many companies out there who have the best training courses, motivational rallies, sharing sessions and whopping transformation camps that will not only fire you up but take your business building to the next level.
I will not touch much on this subject extensively here. There are so many companies out there that will do a fantastic job in terms of training.
Remember that growth is a journey and not a destination.
Topics: MLM | No Comments »
What is Cash Gifting?
By Kevin | September 12, 2008
Cash Gifting has become one of the most effective ways to generate substantial, residual income streams online. It is based upon the premise of giving and helping others while you help yourself. There are always questions that arise when people first hear about cash gifting. Here is an overview of exactly what Cash Gifting is and what it is not.
What Cash Gifting is.
* Cash Gifting is a 100% legitimate program. It is a wonderful opportunity for many individuals and families to develop a solid, viable home-based cash generation program.
*Cash Gifting is 100% legal in almost every country in the world. The United States IRS tax regulations have specific codes that address Cash Gifting activities. For reference, see Title 26, sections 2501-2501 and 2511. We are allowed to gift our money to whomever we choose and likewise they are allowed to gift money back to us.
*Cash Gifting has expanded exponentially through the Internet. Cash gifting has proven to be one of the fastest online vehicles for cash generation. It is possible to start receiving money within the first week of joining and many entrenpreneurs and ordinary people and families have done so.
*Cash Gifting does require the use, promotion and implementation of marketing techniques both online and offline. Like any other cash generating opportunity, you must make a commitment to take it seriously and devote your time, energy and money to creating success.
*Cash Gifting is all about you creating your own success with your own drive and determination. Cash gifting is about helping people. You must be willing to give of yourself and help others to succeed as well as you also help yourself.
What Cash gifting is not.
*Cash Gifting is not a “get rich quick” scheme. Cash Gifting is not a scheme at all but rather a valid and viable program that has been proven time and again by many, many participants to generate substantial income streams for anyone who is willing to take the time and effort to apply the proven principles.
*Cash Gifting is not a multi-level marketing plan or a pyramid scheme. There are no products to buy or sell. There is no inventory to store. The bottom line is that Cash gifting is about what everyone wants and that is money or cold, hard, cash.
*Cash Gifting is based upon a one-up system where your first gift will go back to your sponsor but all other gifts are yours to keep. The one-up system allows a level of accountability and record-keeping through a uniform system.
*Cash Gifting is not a game. It is a serious opportunity to increase your wealth and some programs have been available for years. The Internet has just allowed the program to expand and reach many more people who can benefit.
In short, Cash gifting is a proven program that the serious entrepreneur and the ordinary family can take to generate more income.
Recently there has been an explosion in Cash gifting. If you are wanting to generate more cash in your life today is the day to check out this opportunity.
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Why Would You Be Choosing an MLM in The First Place
By Kevin | September 10, 2008
MLM survival. Let’s face it, the world out there is like a jungle. More particularly so in the MLM world. It would be easy to say, since it is that difficult, let’s just forget about the whole MLM or network marketing deal in the first place (then this book would not be necessary at all). That action would be self-defeating.
There is good news for all of us. So let us instead start from a positive note.
The purpose of this book is not just about teaching you to choose the right MLM Company but also how, by being properly educated about the industry, you will be able to receive benefits from every opportunity you invest your time and money in. The information here will be completely generic and neutral. I am not endorsing any company over the other as there is no such thing as the perfect MLM but rather choosing an MLM that is SUITABLE for YOU!
Whatever your reasons may be, let us make a few assumptions about it before we proceed (or else you wouldn’t pay for this E-book in the first place)
(1) Making money
(2) Saving money on products
(3) Meeting new people
(4) Growth and development
Making Money
(a) Looking for fast money
(b) Building a long term business with money coming in long after you have ‘retired’
(c) Investing in the product itself
For people looking for fast money, there are pros and cons to this kind of thinking.
Some people are WELL TRAINED salesmen. They have built the relationship with their clients, customers and all sorts of people. People trust what they say and will trust whatever they are selling. They may sell the product itself (sometimes, in large quantities), or they may sell the opportunity (the money making part of it) or both. Are YOU this kind of person?
Fast money is not impossible, but it COULD be for the short term only. Consider the facts that 80-90% of people in the world are NOT built for sales. If a salesman sponsors a non-salesman, would the non-salesman be able to do the same thing as his upline? Does that mean that I would spend most of my time looking for the 10-20% of sales types?
The next type of money is the long term type.
When I define long term, it does not have to mean that you might not see money right away. It differs from company to company. But as a general rule of thumb, it involves BUILDING A NETWORK OR AN ORGANISATION.
The key to building a large organization as quoted by Zig Ziglar, “You will get whatever you want in life if you will just help enough other people get what they want.” In other words, if you will help enough downlines get enough downlines, you are on the road to network marketing financial freedom. The key is to help others.
There is one more category of people who ‘invests’ in network marketing companies, not to make money through retaining or networking, but rather investing in the product, position, or depending on the company, appreciation of their ‘assets’. A few examples would be investing in a product, so that in the future, its value will appreciate, so you can sell it to other people at a very high margin (sort of like old comic books.) Others might purchase the account or distributorship from you (depending on the compensation plan of the company) while some Internet companies actually pay you to ‘invest’ in their company, sort of like buying a share of the company.
Topics: MLM | No Comments »