Relationships Are The Key To A Network Marketing Business

While it is true that heavily branded websites like amazon.com are household names and carry an implied trust with visitors, the vast majority of websites are not well known and are found and visited as a result of searches performed with search engines. In these instances, the visitor is probably arriving at the website for the first time and human nature often dictates fear or suspicion of the unknown.

If someone is shopping around for the best price for a particular item, say a Cuisinart food processor, they would probably go to a site such as Ask Jeeves (at ask.com using the Smart Search for Products feature) and quickly obtain a list of sources and prices for the desired item. The "yes/no" purchase decision has already been made and it is simply a question of who to buy it from.

In the case of network marketing, it is of critical importance to build a sense of trust with your team members. Network marketing is very definitely a relationship business and each relationship typically starts out with two complete strangers sitting at their respective keyboards.

The team building aspect of network marketing is of vital importance to the success of each individual member and to the team as a whole. Two key elements of team building are trust and confidence and these factors play a very large role, particularly for new team members.

As a team leader, you need to be knowledgeable about the business (products, services, or whatever) and straightforward with answers to questions about the business as well as providing timely and thorough support to your team members. These actions will cement the relationship and build trust and confidence among your team members.

Network marketing has many aspects, but promotion, persistence, and patience are three key elements which are critical to achieving successful results.

PROMOTION is the lifeblood of network marketing. Whether you are using online methods or offline methods, or a combination of both, you must constantly strive to get your offering in front of a targeted audience.

There are thousands of published sources that deal with specific methods of network marketing (both online and offline), but the key point to be made here is that you must have an active promotion campaign designed to bring in a steady stream of new prospective downline members.

PERSISTENCE is a key element in network marketing success. You've gotta "just keep on keepin' on", even though frustation levels can be quite high at times.

After you have been at it a while, and have a downline large enough to provide reasonably accurate statistics, you will probably find that about 95% of your downline members are dormant and do nothing at all. Its easy to get down in the dumps or take it personally when you encounter so many "do nothing" people.

Therefore, it is really important work with and actively support the 5% or so that are serious about participating. And clearly, an active and effective promotion campaign will continue to bring in increasing numbers of potential participants so that while 5% is small on a percentage basis, it can still be a sizeable amount from a pure numbers standpoint.

PATIENCE is vital. You can expect that it will take about a year before the awsome power of geometric growth kicks in.

A classic illustration of geometric growth is the frequently used penny-a-day example.

If you save one penny on the first day, and double it every successive day, (day two you have 2 pennies and day three you have 4 pennies, and so on) how much will you have at the end of 30 days? The answer, to the astonishment of many, is $5,368,708! Amazing, but true.

Its a sad statistic that most network marketers fail and it is often traceable to the fact that they did not exhibit enough persistence and patience to continue constantly promoting their business for the year or so that is required for success.

Network marketers that stick with it for a year or more often end up becoming the proverbial "heavy hitters".

In closing, I would like to encourage you to increase your chances of becoming a successful network marketer by always keeping a clear focus on "the three P's" of Promotion, Persistence, and Patience.

Kirk Bannerman operates a successful home based business and coaches others seeking to start their own home based business. Visit his website at Legitimate Home Based Business for more details.

---

Networking: 5 Fantastic Ways To Network Effectively

It seems as if everybody is into networking these days... Read More

Multi level Marketing- The Three Top Secrets of Multi level Marketing Success

So many times we have seen in this industry people... Read More

A Fast Way to Find Clients

So you've gotten the training certification, made up your business... Read More

Network Marketing Training: The MLM Millionaires Big 3 MLM Recruiting Secrets

I have never had such a response to anything in... Read More

Dream Stealers

"Honey, I tried to tell you this wouldn't work.""Why did... Read More

How to Attract and Excite Your Prospects

The Power of MarketingWhen you hear the word "marketing" what... Read More

Luck Is What You Make it

I get so frustrated when people call me lucky. They... Read More

The Concept of MLM Mega-Mind

In the old days we would play in the woods... Read More

Downline Swaps and Guaranteed Downline

If you have ever had a hard time getting a... Read More

The Risks and Benefits of Free MLM Leads

One of the main goals of a multi-level marketing (MLM)... Read More

Home Based Business Prospecting: How to Get 80% Of Prospects To Call You Back

If you are a representative for a home based business... Read More

MLM Success - In MLM, Why Do People Resist Change?

The MLM Rule of Life.Here is a sad rule of... Read More

What are MLM Leads?

Multi-level marketing (MLM) is a type of direct marketing that... Read More

How To Choose The Best MLM Leads

What are the characteristics of the Best Mlm Leads? This... Read More

Advice For Selecting A MLM Home Business Opportunity

Looking for a MLM home business opportunity to start your... Read More

Big Changes In Recruiting Practices For Network Marketers...

Three conditions now exist which will change the way we... Read More

Associated Myths in MLM

The MLM business is so popular among people that some... Read More

Multilevel Marketing

Basic IdeaMultilevel marketing (MLM), also known as "Network" marketing, are... Read More

MLM Success Network Marketing Secrets - The MLM Power of Patience

"Persistence is needed, but Patience is a MUST." Ben Johnson-... Read More

3 Simple Tips Of Getting Referrals Without Any Fuss!

The first thing any business organization owes itself is self-perpetuation.... Read More

Network Marketing Business Tips: Put the Law of Average in Your Favor

Network marketing is a number game. The higher the number... Read More

The Value Of Networking With Other Moms

There are many moms that have made the decision to... Read More

How To Choose A Good Autoresponder Service

Ask any veteran Internet marketer about converting visitors into sales,... Read More

MLM Recruiting-The Power of One New Thought for MLM Success

Do you understand the Power of one new thought in... Read More

The Dirt On MLM

When I told a friend of mine about my information... Read More

Four Secrets to Power Networking (The Networking Factor)

Commandment 8KindnessJust as courtesy is contagious, kindness often begets kindness.... Read More

Success In Online MLM Business

Meaning And Functioning Of MLMMultilevel marketing (MLM), also known as... Read More

How Heavy Hitters Avoid Rejection Working MLM Leads

"But, these people are telling me NO and I don't... Read More

How To Start A MLM Business

When considering whether to start a MLM business, begin with... Read More

Internet Based Network Marketing Success

Internet based network marketing is a rewarding business for those... Read More

Why One Should Chose A Network Marketing Home Based Business

There are many advantages for having one's own business but... Read More

The Three Primary Strengths Of Network Marketing

Network Marketing, 'MLM', and Multi Level Marketing are all terms... Read More

Why Online MLM Business Has an Edge Over Other Businesses

There are many advantages of MLM business. One of them... Read More