MLM Products-You Need To Have Recurring Sales To Have Residual Income!
When looking at MLM companies stop focusing on finding a product you love and focus on a product that you can sell!
People get some screwy ideas about products when they decide to do an MLM business. You often hear, "I can't sell any product unless I love it!"
First thing you really need in order to sell a product is a market who wants it.
For anyone who understands marketing, that is always their number 1 consideration. If you're going to be successful long-term in MLM, you need to provide one or more products that people really want, and which are consumable, so they get ordered over and over and over.
It's incredible to me that some businesses which call themselves network marketing, actually sell products which offer no month after month after month recurring income. Instead, it's a one-time sale.
The biggest reason to do network marketing is that as you build, your income is cumulative each month. That's what they call residual income. Very few people ever get to the point where they actually build residual income. Then they can take off for 2 months to go to the Galapagos Islands or something and when they come back, they have 2 checks waiting for them, and the 2nd check is bigger than the first.
THAT is residual income, and it's pretty exciting and pretty life-changing.
The people who will build your business and network marketing income are the people with big dreams. If you just show them a simple, doable way to get what they want in life, and if they believe that it's something they can do and that you can help them, you will get a steady stream of people in your business.
At this point, the only problem that can destroy your business is ... greed and ego. For long-term success, you have to create a good relationship with your people, and vice versa.
That relationship can be easily destroyed by displays of greed or ego or both. The income is certainly important to everybody. And the way you build the income in network marketing is, a lot of people each do a little bit.
Everybody in this business wants to increase their income, and they want recognition. You will be much closer to reaching your own income goals and income stability by focusing on helping the others in your group achieve their own dreams. Get rid of greed and/or ego anytime you see them start to develop.
You get more on these ideas and many others in the ebook "Success In 10 Steps" by MLM veteran Michael Dlouhy. You can download the ebook free, and you may even be interested in the lead generator system that Dlouhy sells for only $20 a month.
The book content strictly targets frustrated MLMers - those who have worked at building their downline without much success. Dlouhy spells out the "make a friend" formula that he has used, which has been very effective.
Also, this approach has strong appeal to a lot of network marketers, which is probably why the lead generation system has been so productive.
About the Author: You can get a free copy of the classic “Success In 10 Steps” ebook at http://michaeldlouhy.net website.
More articles by Jennifer Billy
Print Article | Download PDF | 41 views | Aug 07 2008
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