Not having this skill will make you part of the statistics of the 97 % of Network Marketers that fail in network marketing.
What is this skill that can make or break your network marketing success? It is lacking in marketing training.
I am not talking about the kind of training that you receive from up lines telling you to make lists of people you know and sharing your opportunity and compensation plan with them.
You need to discover a way to build a relationship with people first so that they will get to know and trust you before you can share with them your opportunity.
Instead of telling them about your opportunity, share with them the benefits that you have and that they can have.
People care about what they can benefit and could care less if you told them that your company xyz is a great company with the best product or compensation plan in the world.
What they want to know is: Can I make money with this? What are the benefits to me and my family? Is it difficult to do? How much time do I have to put into it? How much is it going to cost me? What do I need to do? Is this company legal? Do I have to buy or sell stuff? Your success will depend greatly on the answers to these type of questions.
Lacking in the right kind of marketing training is what the 97 % of Network Marketers that fail are experiencing.
You cannot keep doing the same things and expect different results.
For things to change, you need to change.
Plan, do and review your results.
The golden rule is to keep in the game.
The more you play, the better you will become.
Why? Because you are getting better at it.
The methods of marketing that include cold calling, buying leads, handing out DVDs to strangers etc.
cause a high attrition rate.
Why? Most network marketers do not get to earn money or earn very little money in their network market business using these methods.
This also is partly responsible the failure rate of the vast majority of network marketers.
Handing out a DVD and then to try and get it back or even to get people to watch the DVD is very frustrating and time consuming.
You can only make the big bucks in network marketing if you have build a decent size organization and then you need to keep expanding that organization so that your business will keep building momentum.
Here is the reason why people fall flat in network marketing and end up failing.
People run out of leads to talk too and also run out of funding for their business.
The solution is to learn how to market yourself with free marketing strategies 24/7 and to acquire a leader that can coach you in various marketing strategies so that you never run out of leads and also benefit from funding for your business.
The quickest way for you to start putting money in your pocket is through affiliate commissions.
This will create funding for your business as you grow your down line in your primary business.
Everybody that is in some kind of network marketing company think that they have the ultimate company.
In fact, what people do not realize is that if you know how to market you will be able to make a success in what ever company.
Of course there are good and great companies out there but the point is that even in the great companies the failure rate is high due to one common factor and that is the lack of people being able to market themselves and to attract people to them.
The fundamental knowledge that you need to acquire is to learn how to become a person of value.
Secondly, discover a leader, a system and benefit from on going marketing training in solo ads, blogging, article marketing, pay per click, social media marketing and much more.
Coached your team to do the same and the rest will be history in the making.
So part of the problem is not being able to market.
Finding a leader and having access to free marketing training is a very simple solution to your problem.
After this discovery, share the knowledge that you have learned from your leader with your team and coach them to do the same.
As you learn from your leader the necessary skills of marketing, you become a leader yourself and in the process you are coaching your team to become leaders as well.
What is the result of doing this? Doing this will result in a team of leaders that create more leaders which is a recipe for success.
The next discovery to make would be the vehicle (company) that will grow your long term residual income.
Being part of a great network marketing company is a bonus and is very important if you want to be sure of building long term residual income.
Some of the criteria that a network marketing company should have is: 1.
It should be a Public Company 2.
Have unique proprietary patented technology 3.
The technology should be validated 4.
The company should adhere to all good manufacturing practice laws 5.
Trade on the NASDAQ (credibility) 6.
The technology should only be obtained via associates or distributors only 7.
There should be seem less sponsoring 8.
Should have a Global Market and demand for their technology 9.
Not require you to buy stock, only what you need for your own use.
10.
Deliver to peoples home across the globe.
11.
You should be able to have a share in the global turn over of the company.
12.
It would help if MIT regard the technology of your company to be part of the top ten emerging technologies that is going to change the world.
13.
It also would be a plus if the technology is validated in science.
These few points should be sufficient for you to choose a great company to be part of once you have discovered your leader who can and will assist you in acquiring your marketing skills.
I hope that you realize now that it is not the company that will grow a fortune for your but rather the skills that you develop in growing a fortune.
What I would suggest is to use the company that your successful leader share with you and that they had a success in marketing.
I would also suggest that you do your own research with regard to the company that he or she suggest for you to benefit from.
The main point is that if you learn to market you can make a success in any MLM business that is legitimate.