Relationships Are The Key To A Network Marketing Business

While it is true that heavily branded websites like amazon.com are household names and carry an implied trust with visitors, the vast majority of websites are not well known and are found and visited as a result of searches performed with search engines. In these instances, the visitor is probably arriving at the website for the first time and human nature often dictates fear or suspicion of the unknown.

If someone is shopping around for the best price for a particular item, say a Cuisinart food processor, they would probably go to a site such as Ask Jeeves (at ask.com using the Smart Search for Products feature) and quickly obtain a list of sources and prices for the desired item. The "yes/no" purchase decision has already been made and it is simply a question of who to buy it from.

In the case of network marketing, it is of critical importance to build a sense of trust with your team members. Network marketing is very definitely a relationship business and each relationship typically starts out with two complete strangers sitting at their respective keyboards.

The team building aspect of network marketing is of vital importance to the success of each individual member and to the team as a whole. Two key elements of team building are trust and confidence and these factors play a very large role, particularly for new team members.

As a team leader, you need to be knowledgeable about the business (products, services, or whatever) and straightforward with answers to questions about the business as well as providing timely and thorough support to your team members. These actions will cement the relationship and build trust and confidence among your team members.

Network marketing has many aspects, but promotion, persistence, and patience are three key elements which are critical to achieving successful results.

PROMOTION is the lifeblood of network marketing. Whether you are using online methods or offline methods, or a combination of both, you must constantly strive to get your offering in front of a targeted audience.

There are thousands of published sources that deal with specific methods of network marketing (both online and offline), but the key point to be made here is that you must have an active promotion campaign designed to bring in a steady stream of new prospective downline members.

PERSISTENCE is a key element in network marketing success. You've gotta "just keep on keepin' on", even though frustation levels can be quite high at times.

After you have been at it a while, and have a downline large enough to provide reasonably accurate statistics, you will probably find that about 95% of your downline members are dormant and do nothing at all. Its easy to get down in the dumps or take it personally when you encounter so many "do nothing" people.

Therefore, it is really important work with and actively support the 5% or so that are serious about participating. And clearly, an active and effective promotion campaign will continue to bring in increasing numbers of potential participants so that while 5% is small on a percentage basis, it can still be a sizeable amount from a pure numbers standpoint.

PATIENCE is vital. You can expect that it will take about a year before the awsome power of geometric growth kicks in.

A classic illustration of geometric growth is the frequently used penny-a-day example.

If you save one penny on the first day, and double it every successive day, (day two you have 2 pennies and day three you have 4 pennies, and so on) how much will you have at the end of 30 days? The answer, to the astonishment of many, is $5,368,708! Amazing, but true.

Its a sad statistic that most network marketers fail and it is often traceable to the fact that they did not exhibit enough persistence and patience to continue constantly promoting their business for the year or so that is required for success.

Network marketers that stick with it for a year or more often end up becoming the proverbial "heavy hitters".

In closing, I would like to encourage you to increase your chances of becoming a successful network marketer by always keeping a clear focus on "the three P's" of Promotion, Persistence, and Patience.

Kirk Bannerman operates a successful home based business and coaches others seeking to start their own home based business. Visit his website at Legitimate Home Based Business for more details.

---

The MLM Dilemma

Does this sound familiar...?You have taken ALL of the company... Read More

Profiles Of Three Successful MLM Companies

Looking at MLM companies, you will find some of the... Read More

How To Jazz Up Any MLM Marketing

Using tactile measures with traditional tones.24 hours versus non-24 hours... Read More

Network Marketing Companies

Network marketing companies are mushrooming up everywhere these days. It's... Read More

Network Marketing: How to Make it Work for You

How or why some people excell at Network Marketing, while... Read More

Who Else Wants Their Share of Residual Income Without Having To Go MLM?

(or how I increased my monthly revenue while sitting at... Read More

Network Marketing Online Saves Time

Network marketing online is a great way to do business... Read More

Avoid the Top 10 Network Marketing Mistakes

Just completed this for the December Noni Pearls Magazine, thought... Read More

Keys To Network Marketing

1. SimplicityThe network marketing opportunity must be simple in design... Read More

5 Tips to Prepare Your Home Party Hostess

One of the most important things to remember to have... Read More

The Why Factor In Network Marketing Success

In the popular Reality TV show, "Fear Factor", contestants recruited... Read More

When MLMs Go Bad

There is no such thing as a totally fair MLM.... Read More

Finding The Right Business For You: Getting Paid

There are many different reasons why people choose to get... Read More

MLMs: Waste of Time, Or Goldmine?

When most people think about Multi-Level Marketing, they envision slick-talking,... Read More

3 Step Blue Print to Internet MLM Business Success

When I build my internet mlm business, many of my... Read More

Network Marketing for Easy Money!

Ok, I know what you're thinking, another marketing guru selling... Read More

How To Do Effective Keyword Research To Find Good Niches

It is true that with online business, the entire world... Read More

Network Marketing Training - The Three Landmines of MLM Success

There are many things that can take you out of... Read More

Tips for Success in Network Marketing

Network marketing has a fantastic range of business opportunities. First... Read More

What if You Could Design the Best MLM Pay Plan

Here is the Challenge. You need to design an MLM... Read More

Building Your Network Marketing Business

Network marketing is experiencing tremendous growth in the business arena... Read More

Network Marketing Training - The Sounds of Extraordinary MLM Success

What does MLM Success REALLY sound like?Success basically in Network... Read More

Discover the Incredible Power of Ethics in Online Network Marketing

?build trust and watch the cash roll in!As you are... Read More

Network Marketing? What Is That?

Nowadays, network marketing is very popular in our society. Almost... Read More

Network Marketing Success- The Top 3 Secrets of Network Marketing Success

What stops most people in MLM and Network Marketing? After... Read More

MLM Leads for Network Marketing

Finding mlm leads for network market can be a real... Read More

MLM Tools To Generate Repeat Business

The MLM tools to grow your MLM home business can... Read More

MLM Success Training - The Top 15 Power Phrases for Recruiting Business Professionals into MLM

What do you say to a small business owner? How... Read More

Using Testimonials To Create Traffic to Your Web Sites

Most good sales pages for internet marketing products, services or... Read More

Finding Network Marketing Leads

Getting a network marketing lead.Getting a network marketing lead is... Read More

What Network Marketing is NOT

There are so many misconceptions flying around out there about... Read More

Invest In Yourself, Invest In Your Future

Commonly held wisdom tells us that it is a very... Read More

Networking Tips for Moms at Home

Plenty of moms today stay at home. After a year... Read More