Network marketing is Simple, but doing the old way (i.e. cold calling people) is NOT easy.
Don't kid yourself!
Let me explain my view of why network marketing is notorious for having a 95% or higher failure rate..
Have you ever heard of Occam's razor?
It states that the simplest explanation for a phenomenon is usually the best. We'll use this theory to explain why more than 95% or more network marketers fail.
Ready?
Most network marketers fail because the marketing methods that they are taught don't work 95% or more of the time.
So we're led to ask the next logical question, what are most fledgling network marketers taught?
Well, I can only speak from my experience, but what I was taught was to buy and cold call leads.
Now, I'm not going to say this doesn't work, but I will say is that after six months of cold calling leads for 3 hours a day with very little success this tactic doesn't work for me.
Honestly, unless you're natural born confident sales leader going into your network marketing career you'll probably have these same results.
Don't get me wrong some people are very good at cold calling leads, but most people aren't.
What happens to most people after they've spend thousands of dollars on leads with very little success after months of effort?
They run out of money. They get burned out and then . . .
They give up.
Another important factor contributing to why most network marketers fail is the type of leads they buy.
Why does the type of leads network marketers use make a difference?
Well . . .
Business opportunity leads, the leads most new network marketers are told to use, are generic. These leads answer an ad that just asks them if they want to be financially free or make money from home or something like that.
Well . . . of course they do!
But that doesn't mean they want anything to do with YOUR network marketing program.
When the average network marketer calls these generic business opportunity leads the leads don't know anything about the network marketer's business and for the most part honestly don't care.
This leads to the fledgling network marketer hearing a lot of "NOs".
Hearing NO all the time leads to quite a bit of self doubt, both about the network marketer's own ability and the validity of their association with their network marketing company.
Negative feelings begin to harbor and as I said before eventually the network marketer gives up, usually within 3-6 months.
The fledgling network marketer's perception of their business goes from one of opportunity to one of complete doubt and negativity.
Reality follows perception, so because the fledgling network marketer believes both themselves and their business as having little hope this becomes TRUE.
That's basically why 95% of network marketers fail if you asked me.
Daegan Smith is an Underground Internet Network Marketer
who hates buying and cold calling leads. "Wanna learn how I
Easily recuited 27 new downline distributors in less than
week without EVER picking up the phone?"
Learn My Secret FREE ==> http://www.the1andonly.biz
Do you understand the Power of one new thought in... Read More
There are only two types of people you will run... Read More
Many affiliates online give up as quickly as they join... Read More
Sales are essential for any business to survive. That's no... Read More
Network marketing is experiencing tremendous growth in the business arena... Read More
IntroductionDown lines, up lines, overrides and spill over. Understand? Of... Read More
10 to 20 years from now, most of us will... Read More
Action is the Key!It is true of all business. But... Read More
Working at home in network marketingHome based network marketing has... Read More
Man.That project is finally finished! And what would it be... Read More
Are you fooling yourself into believing that you actually are... Read More
How to succeed (and fail) in Network Marketing. (PART 1)When... Read More
Ask any veteran Internet marketer about converting visitors into sales,... Read More
1. SimplicityThe network marketing opportunity must be simple in design... Read More
Money is a magnifier.That is an awesome thought! And so... Read More
What do you do to find an honest, ethical and... Read More
Here is the Challenge. You need to design an MLM... Read More
Many people question the ethics of MLM. They claim that... Read More
Simply put, in network marketing as in many more traditional... Read More
What is MLM Prospecting?According to Webster's Dictionary, prospecting is looking... Read More
No, this baby boom will certainly not swamp the Social... Read More
I have been on the Internet observing many new and... Read More
Failure.The word almost makes me want to throw up. Because... Read More
It is often the case when you join a Network... Read More
MLM or Multi-Level Marketing is a home-based business. It involves... Read More
You don't have to have a lot of people to... Read More
Every day millions of employees go to their place of... Read More
When you say network marketing immediately the main stream public... Read More
In my last article entitled "How to succeed in MLM... Read More
Whether you want to be your own boss or you... Read More
Commandment 8KindnessJust as courtesy is contagious, kindness often begets kindness.... Read More
The objective of multi-level marketing (MLM) is to sell the... Read More
Would you like to earn money by starting your own... Read More
The MLM Leadership Secret.Let me ask you a question:What do... Read More
What difference does it make to you if the sales... Read More
Did I hear you say that these are not your... Read More
What is a CORE?It is the VERY Heart of something.... Read More
Are you looking for a good network marketing opportunity? Want... Read More
The American Dream. Quitting your 9-to-5 job to start your... Read More
I'm writing this in response to the every distributor in... Read More
Regardless of whether you watch the Oprah Winfrey show or... Read More
==> INTRODUCTION WHAT DO YOU MENTALLY REHEARSE? You need to... Read More
I have never had such a response to anything in... Read More
MLM Leads are the lifeblood of many network marketers. Over... Read More
An MLM leads list is simply the list of prospective... Read More
If you are promoting your affiliate URL on the web... Read More
Network marketing companies are mushrooming up everywhere these days. It's... Read More
It is true that with online business, the entire world... Read More
We've all seen them before ? businesses that promise great... Read More
In the popular Reality TV show, "Fear Factor", contestants recruited... Read More
The Power of MarketingWhen you hear the word "marketing" what... Read More
MLM Presence.Does yours work FOR you, or AGAINST you?Good question!... Read More
Do you routinely sign up thousands of direct referrals? Me... Read More
Lately, I have been happily attracting leads for my Internet... Read More
There is something that I have been observing over the... Read More
Recent discussions with fellow network marketers have centered on whether... Read More
You're in consistent and persistent massive prospecting action. You are... Read More
Many networking marketing affiliates and mlm business owners face one... Read More
If the art of Network Marketing is your "pin-point" passion,... Read More
Once upon a time in Marketing Square, there lived a... Read More
Some networking companies are built around gaining customers, some around... Read More
Ask any veteran Internet marketer about converting visitors into sales,... Read More
Network Marketing, 'MLM', and Multi Level Marketing are all terms... Read More
There are over 700 million computers in use in the... Read More
There is a Myth, a Lie, a Bogus concept that... Read More
Everyone dreams of building a Profitable MLM Sales Team. Unfortunately... Read More
Network Marketing |