Quantcast
Sign up
Network Marketing This forum is for discussion of Network Marketing.
Rich Dad > Network Marketing > Biggest Fustration
Member
Member
Monique - 5/8/2012 5:14:51 PM
Biggest Fustration
We all have tough moments in any field and industry, network marketing is no exclusion.

What has your biggest fustration been in network marketing? Did you overcome it, or you still dealing with that fustration?
Member
Member
Aeisha - 5/8/2012 5:37:31 PM
RE:Biggest Fustration
My biggest fustration has been getting people to partner with. Point, Blank, Period!
Member
Member
Monique - 5/9/2012 5:09:31 PM
RE:Biggest Fustration
Hi Aeisha,

What do you mean by getting more people to partner with?
As in prospecting or recruiting?
Member
Member
Aeisha - 5/10/2012 8:41:00 PM
RE:Biggest Fustration
pretty much both. This is my first month in mlm so i guess im still learning.
Valued member
Valued member
jeffrey - 7/6/2012 11:21:09 AM
RE:Biggest Fustration
Aiesha

It diffenetly takes time to build your team... Are you doing it online? Which methods or offline?
Advanced member
Advanced member
Team Honeywell - 5/11/2012 10:26:16 AM
RE:Biggest Fustration
Hi Aeisha

Know what you mean about MLMs.

Have you read Sales Dogs by Blair Singer - it's a very enlightening book about how people do "selling / recruiting" differently.

Look forward to hearing more of your journey.

Wishing you even more health, wealth & wisdom!

Diane
Member
Member
Jessica Danielle - 5/14/2012 8:34:28 AM
RE:Biggest Fustration
My Biggest Frustration has been my warm market (family & friends) not understanding the income opportunity I have presented them and not wanting to change their lives. People preferring to work for someone for only $60-$80K/year (some even less!) rather than making $100K/month with our company is mind boggling!! And with our company we dont even have to sell any products at all! It's a very simple profit share and residual income that will retire you in 2 years. It's just unbelieveable to me.
Valued member
Valued member
Rasheed - 5/20/2012 7:41:54 PM
RE:Biggest Fustration
Jessica,

Old habits by hard and also many people where taught to go to school get a good job so you can retire comfortable.  This has become part of their belief system.  What I suggest is that you inform your warm market that you started with whatever company and let them know about your products.  Ask them if it's okay to put them on you email list and keep them updated as to what you're doing...your success, frustrations, promotions and all.  When they start to see your lifestle changing they'll ask you what you're doing or you'll end up going into a new person and you'll develop a new warm market.  Sam Walton didn't build Wal-Mart by asking his family and friends to join him!

__________________________________________

Want to earn money of your prospects who
insist they don't have money to get started,
or say they don't want to sell?  Here's the
perfect feeder program:

http://dailyincometoday.workfromhomeconsultant.com
Valued member
Valued member
jeffrey - 7/6/2012 11:22:50 AM
RE:Biggest Fustration
Yeah some people just can't see the big picture.... or thinks it's some type of scam.  like with anything you have to put in the work...but it is diffenetly well worth it...
Valued member
Valued member
arpeggiomeister - 7/8/2012 5:59:33 AM
RE:Biggest Fustration
Jessica,

I understand your frustration.  Been there and done that.  Your family and friends are considered warm because they know you, but when it comes to MLM they are not warm at all.

The first thing you must do is find out who your target audience is.  Narrow in a a group or subgroup of people and then get your offer in front of them.  This is not an easy task and most people give up before they even start.

The biggest problem with MLM is that everybody focuses on the income opportunity but not the product.  Before you try to market to another person I want you to take a good hard look at what you are selling and ask these questions:
  • What do you have?  Does the product sove a problem, fill a need or want, etc.  If it doesn't your dead in the water.  If it does but there are other products doing the same or better for less then you are still dead in the water.
  • How does it benefit your customer?  The income opportunity does not count here.  Every MLM has the latest greatest opportunity to make money.  Who cares!!!  How will the product benefit me?  Is it health related like some super juice or pills?  Legal help like Prepaid Legal, cheap cell phone time, etc.  The benefit you offer must be worth every penny without the income opportunity or it simply will not fly.  It is important to realize there is a difference between the features of a product and the benefits of it.  Supermega Algea may have more nutrients then any other algae on the market, be flown in from a secret location in South America and is only available through your company...  ...who cares???  People who have used Supermega Algea have experienced an increase in mental accuity, improved immune system, etc.  Features are worthless.  Benefits sell
  • What should your prospoect do next?  If you have successfully passed the first 2 tests then this part is easy.  This is your call to action...  ...join your downline, sign up for monthly delivery, etc

I would recommend that you spend some time learning about how to build a list, SEO, intergrating blogging, social media, youtube, etc.  I am still learning this stuff myself but I am more then happy to share what I have learned.

In a nutshell, you want to accomplish two things.  First you need to establish yourself as an expert in your field.  Second, you want to build a know you, like you, trust you, realtionship with your prospects.  If you come out of the gates just trying to sell to them they will run for the hills.  If you give them something of value related to your product and they benefit from it you establish yourself as an expert and build trust at the same time.  This takes time and effort.  It is not a quick road, but if you build your list in this manner you will eventually reach your goals and far beyond...  ..at least that is what I have read many times from several sources.  I am not there yet, but I am working on it. 

1 2 3