Saturday, 9 January 2016

Successful Network Marketing Tips For Beginners In Nigeria.

Network Marketing is a great business in Nigeria for any motivated person. Due to this business model any ambitious individual now has the opportunity for increased wealth and personal growth. Network Marketing is the only business model that provides a residual income that continue to increased over time to you and your
heirs with a steady, dependable cash flow, even if you are unable to work or while still sleeping.

To me it is better than fixing money in the bank and living on the interest. Thousands around the world have ,e.f Ewen chai,Robert kiosoki,Brain Tracy etc  had immense success with a six digit network marketing income figure monthly with this business model. There are basically two ways to start an MLM Business. But before we go into that lets take a look at a few questions new beginners of network marketing need to ask themselves and also provide answers to:

1- What are the products offered by the company?
2- Is the product consumable and has little or no competition? Is it used on a daily basis?
3- What are my possibilities of earning with the MLM Company (Compensation or Pay Plan)?
4- How much am I willing to spend every month on my MLM Business?
5- Am I going to accept support and guidance from my sponsor to help me grow my business?
6- What is the starting cost and sign up product packages of the MLM Company?
7- What is the background history of the company? Do they have a good business plan for my country (Nigeria)

These questions are intended to help you make a decision on the company you want to join and
can be investigated from the websites of most MLM Companies or company brochures. If your
answers to the above questions are very positive, then you can now confidently start your Network Marketing business using one of the approaches as explained below.

The first way to start is by using the Traditional Network Marketing business model. In all old school MLM Companies, the leaders are often good speakers, or they are recruiters with a large social circle. The usual way of prospecting is by a three way system. To elaborate further this is referred by a few names, one such referral is the ABC which is known as (Advisor, Bridge and customer system).

*To be an Advisor you will need to be able to have good oratorical skills.
*To be the Bridge you will be a traffic middle man, introducing
your large pool of contacts to the Advisor.
*The customer is the prospect. The Advisor and Bridge work together to bring new reps into the system. Should persuading people verbally and inviting contacts to events come naturally and you feel good the benefits of your company and products can bring to your prospects then this is one route you can take.

The second way to start a network marketing business is utilizing the power of the internet. The main difference lies in the duplication
system. Instead of following up with invites and calling, leads are qualified using sales ads and
email marketing. Prospects fill up a form expressing their interest and upon receipt of a link in their email, will click that link to confirm
the email is valid. Messages will be sent to the prospect educating them about the automated internet MLM system and how to market it
online. New enrollees then join the business by clicking on links that lead them to payment processing pages where they pay for their start
up cost and signup packages by bank transfers,crefit card etc.

Upon joining, they will proceed to market the same system that brought them in. The benefits to such a system removes the element of cold calling and speaking to strangers, un-targeted prospects. Rather than teach someone who has not put down any commitment to work a business; it is more fruitful to spend one's energy and time working with a prospect qualified by the automated system. Some people who do not find success in the first business model have found it in the second.

My Recommendation to beginners in network marketing  is to use the second model as it is easy, fast and save time. Why? Because.....

Wealth = Physical Resources x Technology

That is, we can increase our wealth by changing our technology, regardless of our physical resources. So if your time is limited, use technology to increase your wealth. If you are not smart as your neighbor, use technology to increase your wealth. If you are not tall,
athletic, handsome, educated etc., simply use the technology of the day to improve your wealth.
Technology is something that is
available to every one. Technology is simply knowledge. If you have read this article to this point, you already have the knowledge to start
your own Network Marketing Business to make money this year and become totally financially free.

In this case, the technology is network Marketing. All you need to succeed in your MLM business is Commitment, Energy, Enthusiasm and positive mindset. Hope you enjoy this article? You cam help someone out there to be successful all you have to do is to share this article on your fcebook, twitter,linkedin, googleplus etc.  What is you comment about this article?

You will succeed.

1 comment:

  1. I choose and use the second method too,it might a little time to get enough quality leads but in the long run,you will get enough high targetted leads that are either ready to buy your products or work with you. Thanks for sharing