When your friends need a recommendation for a plumber or a TV repairman, do they ask you if you know someone in the trade who's good, reliable and is reasonably priced?
At dinner gatherings, don't you just love to give movie reviews about the ones that you've just watched?
When you yourself need to buy a product, do you first find out about product reviews from other customers?
As you can see, the best form of advertisement for any product or business is by referral. You refer your friends. And your friends refer their other friends and so on and so forth. This is simply called "word of mouth".
Hey but all these recommendations that you have been making have been free. But imagine, if you have tried a quality product, wouldn't it be great to get paid telling your friends about how excellent it is? Wouldn't it be great too if your friends also get paid in the process when they refer their own other friends?
Now try active referral marketing. This means that you go up to people and tell them that you have found this wonderful business and would they like to try it. This is opposed to passive referral marketing when you wait for someone to ask you for a recommendation.
Perhaps one of the most important thing that you have to do is to find a couple of friends who like the product and business as much as you do. If you are successful in getting them to actively refer your business, then you are well on your way to building a very good and effective network.
A good way to source your group of friends is via the internet. The internet provides a great way to hook up with people around the world with similar interests and pursuits. Just look at the hard facts: The number of internet users today is 813 million and growing by an astounding rate everyday. So you essentially have millions and millions of people out there to market to.
Having said that, this does not mean that cash just comes rolling in without you putting in any effort. You still need to put in some hard work and energy to finding he "affiliates" or "downlines" to help grow the business. It's just that via the internet, it may not be all that impossible to find that few out of the millions who will be interested in what you are promoting.
What will however, make network marketing an easier business to do is if the product or service that you are promoting is a quality niche one. The product or service must be able to sell on its own. While you concentrate on improving your marketing skills to close the sales, the networking company behind the product or service is responsible for quality control, improvements, technology, its main website and system.
Additionally, the networking company must be strong and reliable, provides excellent training and tools to help you grow the business. A company that values its sales and marketing staff will also tend to pay a high compensation rate.
So if you are convinced by now that you can do a "word of mouth" business, check out http://www.e-successmap.com. It is endorsed by top experts around the world and has famous entrepreneurs like Robert Kiyosaki, Brian Tracy, Robert G Allen as part of its panel of speakers.
Let your "word of mouth" business help build an additional source of income for you today!
Evelyn Lim is an online entrepreneur and business strategist for work-at-home opportunities. This article is extracted from her regular newsletter that teaches readers tips and strategies for Mapping To Success. To subscribe to her newsletter, please visit http://www.e-BizMap.com or her blog at http://www.EvelynLim.com
![]() |
|
![]() |
|
![]() |
|
![]() |
The reasons for failure are quite simple but many have... Read More
IntroductionDown lines, up lines, overrides and spill over. Understand? Of... Read More
People are a strange lot. People that are successful are... Read More
Meaning And Functioning Of MLMMultilevel marketing (MLM), also known as... Read More
There are only two types of people you will run... Read More
First, here's my tip of the day: There are proverbs... Read More
Maybe it is the stigma attached to it, that all... Read More
Positive thinkers dare to believe that the biggest and best... Read More
Ever wonder why people are so turned off at the... Read More
Network Marketing, also called MLM or Multi-Level Marketing, can be... Read More
Wow! You've just signed up for the greatest prgram on... Read More
The time to start an online MLM business has never... Read More
What is network marketing?Many of you might be asking yourself... Read More
With email filters, blockers, and simply tons of unsolicited email,... Read More
You've done it. You've signed up with a network marketing... Read More
If there was a way that you could guarantee to... Read More
Network marketing has many aspects, but promotion, persistence, and patience... Read More
MLM, Network marketing is the ordinary person's best opportunity to... Read More
If you are in multi level marketing system, you have... Read More
Home-based businesses generally lack the large marketing budgets of bigger... Read More
The American Dream. Quitting your 9-to-5 job to start your... Read More
There are those in the Network Marketing industry who would... Read More
Multi-level marketing (MLM) is a type of direct marketing that... Read More
How many opportunities to expose people to your business do... Read More
It happens everyday.Network Marketers go out, and get shot down.... Read More
One of the things that many people allude to (and... Read More
Do you routinely sign up thousands of direct referrals? Me... Read More
So, you have decided to jump into the Network Marketing... Read More
When you join a MLM opportunity they give you usually... Read More
Networking Marketing systemModern congested lifestyles makes it very difficult to... Read More
It seems like an easy question, but when you stop... Read More
NO ROMANCENo DownlineNo Downline, why bother?If you were romancing a... Read More
You know, if there's a surefire killer of a beginning... Read More
Networking Marketing systemModern congested lifestyles makes it very difficult to... Read More
Network marketing advertising is necessary to attract quality leads to... Read More
Placing your products on consignment in a hair salon, clothing... Read More
Once upon a time in Marketing Square, there lived a... Read More
You must understand this next statement:The successful network marketing company... Read More
Internet marketing has had phenomenal growth and this trend will... Read More
Extra income, extra income, extra income! Residual income, residual income,... Read More
Here's the bottom line: you can't learn to swim sitting... Read More
Terms such as Network Marketing, 'MLM', and Multi Level Marketing... Read More
Network marketing is experiencing tremendous growth in the business arena... Read More
Hello everyone,I've been around in network marketing for a few... Read More
Richard Bolles, created the hugely popular What Color is Your... Read More
Today I sat down and watched "The Incredibles" with my... Read More
If you wish to start a work at home MLM... Read More
This article is primarily directed toward people who work at... Read More
The MLM REALITY Check.It's all what's inside you that counts.No... Read More
Failure.The word almost makes me want to throw up. Because... Read More
For years, industry experts have been predicting that video was... Read More
It seems like an easy question, but when you stop... Read More
There is no such thing as a totally fair MLM.... Read More
Network Marketing is awesome! It's a powerful 75-billion-dollar-a-year industry, practiced... Read More
The information containing details of the sale, provided by the... Read More
Today those entering the arena don't do so on the... Read More
The MLM Rule of Life.Here is a sad rule of... Read More
There can be so many reasons why we choose to... Read More
To begin with, the concept behind network marketing is simple.... Read More
This article is dedicated to novice entrepreneurs who are struggling... Read More
MLM or Multi-Level Marketing is a home-based business. It involves... Read More
There are many great MLM Tools that are available, and... Read More
Have you got yourself into a home business opportunity but... Read More
The Power of MarketingWhen you hear the word "marketing" what... Read More
There is something that I have been observing over the... Read More
Put simply, MLM Network Marketing is just a way for... Read More
Network Marketing |