Monday 13 November 2017

WHAT YOU NEVER KNEW ABOUT NETWORK/INTERNET MARKETING


Photo: Courtesy

If you like what you hear from the initial Internet Marketing presentation, take some time to actually meet the people who do the educating and training. Do not move too fast.

What is Internet/Network marketing?

In network marketing, investors use their friends, family acquaintances and colleagues to sell their products and in turn they recruit new members to the company, after which each is paid a commission or compensation.

There are also other goodies aside from this. New cars, all-expenses-paid trips to fantasy destinations, international training and leadership courses are granted to sterling recruiters. There is even a retirement plan component for some.

Simple, huh?... Yeah, very simple and not!

First thing first: Forget about the Get-Rich-Quick approach being peddled on every social media page or blog.

No genuine business is a walk in the park!

I have done internet marketing starting as a  newbie 4 years ago. I have been elated at one point. I have been disappointed on several occasions. More importantly, I have learnt a lot over the years. I have read widely about this lucrative* business opportunity. I have watched several Video and listened to podcasts about internet marketing. I have been inspired. I am knowledgeable now. Allow me to share with you what i have gathered over the years.

What do you do in internet marketing?

You build your network from the people you know – your family, your social circles, your professional acquaintances. You invite them to listen to the presentations and to connect them to the products. Then you follow them up for a response. If they say yes, you train them on the products and how to build their own network. If they say no, you swallow the rejection and try again with someone else.

What do you need to do before joining one?

Look carefully, because many network marketing companies say they have great educational plans, but not all do. In some companies I looked into, the only training they had was a recommended book list, and then they focused on training you to recruit your friends and family into the business.
So take your time and look carefully, because there are quite a few network marketing companies that do have excellent educational and training plans—in fact, some of the best real-life business training I’ve seen anywhere.

Here are the 5 main questions to ask yourself about a network marketing company before joining:

1. Who’s running the ship? Who is at the helm of the company and for how long?

2. Does the company offer a proven plan of action?

3. What is the compensation/commission plan?

4. Does the company embrace both business skills and personal development as a regular part of its educational and training programs?

5. Does the company have a strong, high-quality, and highly marketable product
line that you can be passionate about? 
Products can be tangible or digital.

The main truth about internet marketing

It takes time to enjoy the fruits of your effort.

If you have the idea that you can start a network marketing business and expect to start making money right away, then you are still thinking like someone who lives
in the Employed or Self-employed mindset. In fact, it is people who look out for quick cash that are obviously the ones who are most often get sucked into the get-rich-quick schemes and scams of life.

There is no such thing as a get-rich-quick method in network marketing.

While the activities of the business are simple, they require time and effort, the foundation of passive income. Having a smart phone and/or a laptop isn't all. You need more that that. Don't be cheated. As a matter of fact, it is lies like these that make most people join internet marketing only to only to quit within a month or less.

When you join any company remember this: 

The DSA( Direct Sales Association) says that, on average, one in ten contacts will say “yes” to the opportunity. However, that figure improves with the business owner’s level of experience. Remember, this number will hold true in volume. Though you may not find it average for just 10 contacts, you’ll discover it is true for 100 contacts. Over the years, there have been some people who have promoted the network marketing business as a sort of “fast track” to wealth. Of course, this is total nonsense. The people in network marketing who have developed their leadership skills, built their businesses, and developed genuine wealth have spent long, hard years doing it.

So don’t be fooled if you hear anyone try to tell you that you should see quick results. This isn’t some close-up magic or six-month, hit-it-lucky joyride: This is serious business. This is business in real sense. This is your life we’re talking about here.

In the real world of business, if you cannot start producing business within three to
six months, you are fired. But in internet marketing your  situation is different: Your network marketing company is not going to fire you—you can only fire yourself. So  don’t fire yourself. Don’t give it a few months or a year of effort and then say, “Oh well, I guess that didn’t work out.”

Give it the time it needs.
 
One would ask, " How much time?"

Experts like Robert Kiyosaki, writer of Rich Dad, Poor Dad, puts it at 5yrs.

The Five-Year Plan

If you are serious about starting your journey, it is recommended committing to a minimum of five years of learning, growing, changing your core values, and meeting new friends. Why? Because that’s realistic.
It took years for Howard Schultz to build Starbucks, for Ray Kroc to build
McDonald’s, and for Michael Dell to build Dell Computers. It takes time to build great companies and great business leaders.

You, recent graduate, stay-at-home mother or employed or self employed, get it right here: get rich quick is an oxymoron. A rich relationship doesn’t happen quickly; a richly rewarding novel is never written overnight. Creating richness, by definition,
takes time, and this is just as true of financial richness as it is of any other kind. This is why there are so few people in the business quadrant. Most people want money but are unwilling to invest their time.

In his book Outliers: The Story of Success, Malcolm Gladwell explains that to become outstandingly accomplished at anything, it takes about 10,000 hours of hard work. As a high-school kid, Bill Gates put in 10,000 hours of programming. When they were still just another unknown British band of wannabes, the Beatles played a nightclub in Hamburg, seven hours a day, seven days a week—and put in about 10,000 hours.

Conclusion

If you can make it through the to the end then the now cliché or riches will come to a reality; but not so fast... you will be guaranteed financial freedom, dreaming big, a viable Plan B, running your own business, taking control of your future, earnings that  which triples basic.

Example of Internet/Network Marketing Companies in Kenya

Alliance in Motion, Social biz connect Forever Living, Organo Gold, GNLD, Tianshi, Tiens etc. For more information, you have it at your finger tips just by keying in the words on the browser search section. 


SO TAKE YOUR TIME TO DO YOUR DUE DILIGENCE BEFORE HOPPING ONTO BANDWAGON THAT IS NETWORK MARKETING

Best of luck.

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