Chickadee Business Network

How to Start Your Own Business

Joy of Owning a Business
What kind of Business
Feasibility Study Workbook
Collecting the Info
Making the decision

Marketing Plan
Operating Plan
Organization Plan
Finance Plan
Present it

Make it Legal
Open your Office
Go Online

Market
Advertise
Follow up
Choose your MLM
Recruit your Team
Build your Team
Market your Product
Market on Internet
Market with Samples
Marketing Follow up

Manage your Time
Manage your Money
Manage your Customers

MLM Business

Multi Level Marketing is a marketing system that pays salesmen or distributors on several levels. Commission is based on product sales, but you will also earn a small percentage of the sales made by the distributors that you have enlisted and trained to work with you. Aside from the advantages of having a home based business Start your own MLM business distributorship For:

For Freedom
Let's face it, if you are working for someone else, you are working to fulfill their dreams. Starting your own Business will let you work for you and fulfill YOUR DREAMS. You choose the time you work, when and how much. You choose where you will work and how you will do it. You Choose how much money to spend and how to spend it. FREEDOM

For Tax reasons
Then there are the laws for home-based business people who conduct their business either full-time or part-time. They can deduct, with proper documentation ,their house, their spouse, and even children (by hiring them), their business vacations, their cars, and their food with colleagues. They can also set up a pension plan that makes any government plan seem paltry by comparison.

For Residual Income
Residual income is income that keeps on coming in even when you aren't working. Network marketing allows you to earn based, not only on your sales, but that of your downline salesmen. So you have a residual income based on their sales, even when you have a "bad month".

Because the Internet has made it easy

MLM business differs from others by the very fact of Multi Level Marketing. Using the internet and email it is easy to train your downline to be leaders in the MLM Business, and to sell your products with well written follow up messages on a preset basis. There are several sources for "autoresponders", (automatic messages sent out by email.) One that I use is Aweber.

Network Marketing
Ideal for MLM Businesses

The internet is a great tool for network marketing, greatly saving you time and energy. But remember it's the tool, you are creating a network of people, not computers.

There are 2 groups of people you need to network with to most effectively promote your business- Your Purchasing Customers - and - Your Salesmen or clients -

Networking your Salesmen
Many affiliate programs and MLM businesses allow you to earn from your sales and the sales of your customers. Therefore it is to your advantage to help each of them to become effective salesmen. Salesmen are trying to make money. Whether they are just beginning their first business or are experienced salesmen, you will need to provide them with information, resources and encouragement. Share what you have done, what worked and what didn't work, and encourage them to share their experiences with you.

Networking your Customers
The thing that is most missing from an internet based business is the personal touch. You don't often see your customers, hear their initial reaction, or complaints. The life time purchasing power of your customers is very important. The single purchase is good - but if you can keep your customers coming back and continuing to purchase from you, that is better. This requires you to know what your customers want, need and how their tastes change. The only way to find that out is to communicate with them on a regular basis, giving them a reason to read your communication and ask them.

Automating your follow up
I email communication to share information, specials and newsletters to keep customers and salesmen informed, and ask for their feedback. This gives me the information I need to keep my Business site and products updated, providing the best and most needed products/services for my target market.

Making Money with MLM

Marketing a MLM business is two fold, marketing your product, and recruiting and training your team for added income. Selling the product is primary so it is good to set your website up featuring the products with several noticable links enticing the customer to become a business owner too. Your marketing plan should also be two fold - with one targeting the business person, and the other the customers for your product. I have seen many MLM's go by the way side because more effort is put into the recruitment, than the sales. I found concentration on the sales results in creating a downline of salesmen, the kind you want, the ones that know the product and will be natural salesmen making their and your commissions. If enough product is being sold, the MLM business should not fold. 

 

Step 1 - Evaluate and choose your MLM Program

Step 2 - Marketing and Recruiting

Step 3 - Build your team

Step 4-  Use the Internet, With or without the computer.

Step 5 - Retail Marketing

Step 6 -   Sample Packet Marketing

Step 7- Follow up with your Prospects, Customers and your Downline team

Next: Evaluate and choose your MLM Program


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