I got some licienses in a financial MLM company, but I do not like the marketing style of how they get leads and would personally nenver purchase the products; so where would i look for getting into marketing mortgages at a competitive rate as well as life and health products and also be self employed other than MLM opps like Primerica/ World Financial Group etc …
I live in GA

blah ……..

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Anyone experienced in MLM's?

28.November, 2008

I just joined a brand new MLM company. http://nuvitae.com/warren

I know I am in the right position because I am number 12 in the entire company and there are as of 4/13/08 less than 40 people in the entire company.

My main question is…. we just started the pre-enrollment phase of the company….. does anyone know a great way to generate leads? This product really speaks for its self and has no competition but, I am just trying to figure out a great way to market it.

Any ideas or suggestions would be very much appreciated!

Warren

Despite what some may say, MLMs can be quite ethical and far from schemes. Yes, there are bad companies… but there are also good companies. Many of them. I'll be happy to debate it privately.

Before I get to your question, let me congratulate you on taking your financial future into your own hands. If things go well with your new company, you should be in for a very wild ride!

Do keep in mind, though, that many young MLMs fail; there is a high morbidity rate for fledgling network marketing opportunities. I don't say that to scare you… but, keep your eyes open and be honest with yourself at all times.

As to generating leads, I have a number of suggestions for you.

The best network marketing leads are the ones you generate for yourself. If you do it right, they get to know you before they're ever introduced to your product, which makes the sale much easier. The other benefit of these leads is that they're exclusively yours — you don't have to share.

A "self-funded proposal" is the best way to do this. In essence, you sell an info-product to a target market that's friendly to joining your business: other network marketers. When they buy the info-product from you, you pay back your advertising costs and generate a lead at the same time.

Ultimately, you want your own info-product to sell. But, there are a few excellent choices for the network marketing space:

1. The Renegade Network Marketer. This eBook, written by Ann Sieg, is designed to target people who are tired of old-fashioned network marketing. It teaches the new way, much of what I'm discussing here, and encourages network marketers to become affiliate marketers as a means of monetizing their business in new ways.

So, you advertise this book. People buy it and you get paid. You also get those people's contact info. And, if those people buy any of the affiliate products or services, you get paid again, sometimes quite handsomely.

http://yourleadsystem.com

2. Most people buy the Renegade and then say, "Now what? How do I advertise the Renegade?" There are a million possible answers, but the easiest one to duplicate is Renegade University.

Mike Klingler has put together a cheap membership site that gives comprehensive, step-by-step video training in the latest online marketing techniques. Sit your grandma down on this and she'll be using Facebook, Squidoo, AdWords, and E-Zine Advertising in no time.

http://attraction-marketing-university.com

3. When you're not generating your own leads, you and your team should be using purchased leads. The best place to buy them from is a national lead co-op, and the best one I've found is Robert Blackman's MLM Mastermind.

For $1 per lead, you get someone to talk to about your opportunity. Yeah, you'll have to go through a few to find a good one, but find them you will. And when they ask you how they can grow their business without bugging friends and family, you can say, "Well, how did you find me?"

The best part about this lead co-op is: as you refer members of your downline to the program, you get paid. Residually. A good friend of mine is making $4,000 per month just from this program. Imagine the power of stacking it with NuVitae.

http://yourleadbusiness.com

Hope this helps!

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I thought they were essentially the same only that the term “MLM” was burned out so it was repackaged at Network Marketing. I recently was lead to a site that proclaimed it was not MLM but when I finally got down to the meat they began speaking of their Network Marketing concept. So what is the difference?

There are many that will argue the difference with so many twists on why.
The bottom line is they are one in the same and more similar than not. Either way you choose to call it, the marketing is the same and requires study of the industries to build a successful business.

Best Regards!

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I am currently building my MLM business. 2 months in I have started my downline off strong but the next hurdle is further developing my downline. I really need people who are interested in building a home business. My biggest problem is HEAPS of people want to buy the product but not the business. The product is the lotto (what could be easier???). I sell memberships to my syndicate club that gives players better odds at a much cheaper price than playing on their own. 86% of adults play lotto so thats the easy part. But how do I find people who want to build a business with me? I have a few already but more are needed. I dont like buying leads because I dont trust them to be worth the money.
Tell me how you did it.
You can check out my homepage at www.tsc2000europe.net member # JB1469 password joel80

Try researching it in the Business Opportunity Search Engine

Your results from the community powered Business Opportunity Search Engine are much more focused than a general search engine and they will continue to learn and adapt, anonymously and automatically, based on the search behavior of every search you request.

http://www.businessopportunitysearchengine.com

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We constantly hear people saying MLM is not a pyramid because its about sales (something I doubt since I still have yet to hear from a single MLMer who will provide his/her personal sales volumes).

The fact that nearly all ranks achieved in MLM are tied to sponsoring people (look at all the compensation plans, if you don;t sponsor, you can't get to the top) how can anyone suggest the focus is not on sponsoring people to make money as oppose to sales?

This would lead to the very obvious and logical conclusion that MLM corporations are more interested in having their reps focus on finding more reps as oppose to personal sales. That is the basis of a ponzi whether its considered legal or not.

Anyone disagree? If so, show me your compensation plan and prove it.
Timeless Mom - I appreciate your answer but I think you missed the point. If its not about sales, what value does any MLMer present to society?

A ponzi scheme is simply paying people out of money brought in by subsequent additional people they bring in. The whole legality of MLM is that it supposed to be about sales. Well, if everyone does a small amount of sales and the real money is made recruiting, then the real definition of what you have is a ponzi.

My whole point is that MLM is NOT about sales. Its seems many nice people (such as yourself) understand this but clearly overlook why this is so bad.

If its not about the sales, its about the recruiting (by design), and if its about the recruiting, its merely bringing in people to make money until someone eventually is left holding the bag.

I just want to know why everyone so easily accepts these compensation plans in MLM without ever questioning this line of thinking???
Timeless Mom - one other point. If I am going to buy a franchise from you, you better believe you are going to show me your books. Its called "due diligence" and its customary with the purchase of any business. Sorry to come down on your for that, but unfortunately too many people in MLM tend to profess business knowledge yet clearly show none.

As a MOM (i assume by your name) looking to make money, that is fine not knowing the basic business principals, but facts are facts and if you would buy a business based on its history without investigating its financial statements, incomes, etc, then business really might not be for you. Best of luck.

MLM's are about many people ordering/selling product to make the comp. plan payout. Its not about super sales skills, its about communication skills and getting people to either buy something or sign up. Sales are a one time profit so that's temporary income versus recruiting people that do their own business creating the residual income and big paychecks.
The more people in an organization the more product moves for those eligible to get that paycheck, and those are small percentages for an elite group of pro's at the top in MLM.
Sales quotas that keep increasing are unrealistic for the average distributor, true? And so is recruiting 6-8 people per distributor when the average is 2.8. MLM with levels and percentages is antiquated, but network marketing is still powerful because it gives people leverage that they can't get otherwise, with everyone doing a little bit which compounds.
I have above average sales because I learned more about web marketing but I'd never show my numbers to someone, its MY business…that's like a franchise owner showing you his books.
But I understand your point, people lie and exaggerate which is unfortunate. I work a plan that has the same minimal requirements for everyone, once you earn the first cycle of checks it never goes higher and its a binary(two by two) plan.
Good luck to you I hope my "two" cents has helped.

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is your product so hot as soon as people know its available they have to have it. you don't even have to buy leads it just spreads by word of mouth. even people who don't like mlm or networkmartketing would love this product. please give web site if I am impressed I may contact you.

I cannot publish the site here, because that falls within the definition of Spam to Answers.

Write me (jstmother) at yahoo. Yes, I am very proud of the MLM and I will hold it up to anyone as an example of how to do it right.

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I have worked and have been working for many MLM companies and find that there is a patern that always seems to hapen to me ? Herbal Life, ACN, Xango and they are all built around the same marketing strategies. Do you maybe have some tips or ideas for me in regards to gaining more knowledge in the field or perhaps a book you can sugest or perhaps some lead source you may have had succes with? Maybe you would like to share your ideas?
My question was suppoesed to go something like this?
What thechnices have helped your MLM grow

I am not sure there is a true way to build a MLM. I have just started a direct sales business after doing some research on MLM, and I just couldn't see it being worth the time and effort for a single product line. They all have something good and probably really worth marketing, but the value! The value for the dollar, I don't see it. I want to be able to give something to the public that even the average family can afford and know that they are really saving money. If you are that frustrated with your MLM, maybe you should look into something that is really worth pursuing and that won't hurt anyone if it doesn't work out. I just finished my degree with a minor in marketing…so can't wait to use it for my business! If you still need some help, contact me offline through my profile and see if I can help.

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Amway or else?

I think none……..as no company out perform Microsoft!

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I want to know what your best lead source is? On line or in the paper thanks. Please no payitforward4profit it is not free like they advertise. Thanks T.

The cost of lead sourcing online or on paper is about the same. You will find more with "online" lead sourcing, but less qualified opportunity seekers (or buyers.) 89% of the people who seek home business opportunities are inexperienced enterpeneurs. This group of people tend to give up easily. The people who respond to written (or paper) business opportuities are 21% more likely to be coach-able. You decide.

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I don't have mucn money to spend on buying leads and all that stuff.

Here is a free ebook to get you started.
I am offering this to help you as I have done on several other questions simular to yours.
Feel free to contact me for further information I have been seeking out allot of things and have found huge amounts of info.

I have one question for you though if you have time. Are you sure this is a good MLM? I to am involved in a MLM. The difference is that not only does my poduct works but as the company gets a better name it will soon become a rage. Meaning that most of your friends will be buying this product. Maybe not from me but some one. How can I be so boastfull Becuase this product is reguarding one of the number one complaints in america today. So here is what I want you to know I am willing to show you information to help you sell your MLM But I want you to think it over if you are sure this company is one that can really make you the money you want.
Is the product so good that even poor people would try and buy it from you. I can tell you the answer to that for my product they always say if it works then yes I want it. Feel free to contact me here is a free ebook to get you started no matter if what you do.

http://AFDC.the7greatliesofnetworkmarketing.com/

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MLM Leads Pricing Guide