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3 Way Calling With Your Up-line Sponsor

Friday, August 13th, 2010

3 Way Calling With Upline SponsorThe purpose of 3-way calling is to effectively sort and identify key people.  It also serves as a training session to teach new representatives, as well as prospects, what to say just by having them listen as the call takes place.

It also demonstrates that the prospect doesn’t have to know anything to get started, but that someone else will do all of the explaining.  This is a crucial part of your duplication!

Both the upline/expert and the representative play a very important role in 3-way calling.

For the call to be successful, both must be aware of their respective responsibilities. They are as follows

Upline/Expert’s Responsibilities:

Be confident, answer any questions, paint a BIG Picture of the opportunity & edify the representative.  It is important for the upline/expert to refrain from overwhelming the prospect with too much information at one time.

Rep’s responsibilities:

To edify the expert to the prospect for credibility & respect, to properly introduce the upline/expert and the prospect & to mute the phone and LISTEN ONLY!!!

Never interrupt the expert on a 3-way call or you completely defeat the purpose of the call!

Using Proper Edification To Build Up The Credibility Of Your Upline/Expert And To Give Your Prospect A Reason Why They Should Listen Confidently.  The upline/expert will in turn edify you to the prospect.

Why?

Well, your prospect may know you and trust you but they may not exactly respect you in the business sense.  They may have trouble shaking that image of you at the last party with a lamp shade on your head!

The upline/expert can say some things about you to raise that respect level to a degree where your prospect sees you in a whole new light and will trust doing business with you.

1.) So who is the expert?

2.) And how do you become an expert?

3.) And where does edification fit in?

4.) When do you need to edify?

The expert can be just about anyone but for the most part it is someone who has been in the business longer than you and has had a measure of success.  It is someone you made the expert through proper edification.

Notice the illustration:

1.) The prospect knows you and trusts you but doesn’t necessarily respect you in business.

2.) When you edify your upline expert properly, you build respect & credibility for the expert which increases the effectiveness of 3-way calling.

3.) New rep learns how to present, prospect learns he doesn’t have to explain the business, expert edifies the rep to raise level of respect from the prospect.

What EXACTLY is Edification & How Do You Do it effectively?

Edification is simply the art of building another person (or expert) up with the intent of gaining them the respect of the prospect.  The expert on the other hand will in turn edify you.  Now we have a relationship of mutual respect.  If you toot your own horn, it’s bragging! Let your upline help to build that bridge of respect for you!

The Formula for Effective Edification of the upline by the Rep:

1) To build Respect for your upline or expert, example: – Very successful, – Reached corporate position, – One of the top producers in the company,

2) To build Confidence in your prospect that they will be supported: – Leading national or international expansion, – Working with me to build a team, – Loves to help people,

3) Now bring them back to earth, so prospects can relate to them: – Is real down-to-earth. – A blast to work with! – Is a real team player.

Example:

1.) Build Respect

I would like you to speak with (upline/expert). He/She has been very successful in (past business).  He/She has also reached one of the top corporate positions in our company.  He/She is a top producer in this area.

2.) Build Confidence

He/She is one of the individuals leading the national/international expansion.

He/She has been very instrumental in helping me develop My Business.  He/She is better qualified to answer some of the questions you may have.

3.) Relate with them

He/She is a family man/woman and what I really like most about (upline/expert) is how much he/she cares about people and what a blast he/she is to work with!

Never exaggerate when edifying!  We can say positive things about anyone no matter how new they are to the business.

Following Is A List Of Proven Steps To Make 3-Way Calling Very Successful

Step #1) Go through the “Approach and Pique Interest” script with your prospect.  If you receive a positive response, continue to Step Two.

Step #2) As outlined in “Pipeline” put your prospect on the 15 min call.

Step #3) Ask where they stand as far as wanting to get started, wanting more information or wanting to forget about it.

Step #4) If they want more information, put them on the overview call.

Step #5) Again, ask where they stand. If they want more information, ask if they have any questions?  When they ask a question say, “Great question! Let me get the perfect person to answer that for you!”

Step #6) Keep in mind that the motivating factor of your new prospect is curiosity.  Do not try to answer their questions, you may only confuse them.  Your goal is to get them on a three-way call.

Remember always call your upline/expert FIRST before you even start your prospecting calls.  Find out who will be available for 3-ways

Step #7) When you flash over to the upline, give them some background information on the new prospect, such as their name, who they are, how you know them, what they do, their likes and dislikes before connecting them through.  This will give the upline/expert enough information to initiate a conversation that will help make the new prospect feel comfortable.

The representative will make the appropriate introductions via a three-way call.

Example:

Hi (upline/expert), this is my friend (prospect’s name).  He/She listened to the conference calls and has a couple of questions.  Then introduce them to one another.

Example:

Hi (prospect’s name).  I have (upline/expert) on the phone, the person I spoke to you about earlier.  (Upline/expert) was at one time a very successful (whatever) and joined our company because (whatever).  He/She has built a very successful business with our company and is helping a ton of people do the same.

(Upline/Expert) is a family man/woman and a lot of fun to work with and has 100% of the information that you’ll need to make an informed decision as to whether or not this business is for you.

Step #8) The upline/expert should speak for no more than five to ten minutes.

During the course of the conversation the upline/expert should do the following:

1) Make the prospect feel comfortable by a compliment, ex.  I’ve heard a lot about you or It’s a pleasure to speak to you. 2) Ask a few questions using the information you have to help make small talk, e.g.  I understand you like sports. I understand you teach. Where do you live?

3) Tell the story of why you’re involved.

4) Identify with the prospect’s interest. (a. Be humble, b. Give credit away, c. Relate)

5) Highlight the opportunity – paint a Big Picture.

6) Answer questions to lock in the prospect and increase their belief in the business.

7) Edify the representative to the prospect.

8) Qualify the prospect for the next step in your “Pipeline” ex. Visit to Website.

Remember, with practice you will master the ART OF EDIFICATION and the use of 3-WAY CALLs! The KEY to your success is to make a habit of using these techniques regularly!

If you do, your business can’t help but EXPLODE! If you don’t…let’s not EVEN go there!

Multi-Level Marketing | Unique Prospecting

Wednesday, August 4th, 2010

Multi-Level Marketing Requires Unique Prospecting

Multi-Level Marketing consists of four potential markets in which you must perform unique prospecting to adequately identify potential prospects.  These markets are as follows:

1) Hot Market- family and friends in which you have regular contact

2) Warm Market- distance relatives, co-workers, parents on the little league team, etc.

3) Luke Warm Market- people you come in contact with on a daily or weekly basis

4) Cold Market- total strangers, friend of a friend, people you really don’t know, etc.

Determining each market and where people fall into each one is pretty elementary.   However, understanding the people and how you should approach them is more like CALCULUS.  Each market should be approached with strategic care.  When Prospecting… remember the relationship you formed (or not) with each individual in each market is unique.

So… the two factors that determine your immediate success is the market you chose to develop and the relationship you have with those people.

When people enter the MLM Industry… one of the first hurdles is knowing where to start.  It doesn’t matter how you entered network marketing… whether online or offline, cold or hot market, you need to start the race in the starting blocks.

Now, this is where most network marketers drop the ball…

Being new to Multi-Level Marketing… you cling to your sponsors every word.  This could be good or bad depending on your sponsor’s skill set.

You see… some up-line sponsors will tell you to get your family and friends on a 3-way-call or set-up a 2 on 1 presentation, and they’ll do the rest.  However, family and friends may become agitated or hostile to an outsider without any prior exposure to the business.

Others will tell you to duplicate what they are doing over the internet… easier said than done.  An internet business takes time and money, and the lack of one or both probably drove you to network marketing.

So, where do you spend your time during the learning curve?

You’ll quickly learn that multi-level marketing, online or offline, doesn’t happen over night.  And there are pros and cons to prospecting within each of the 4 markets.  So… Turtle It.  Start where you are comfortable… with an approach not mentioned throughout the market.

We suggest you start with a list — not just any list — a PRACTICE LIST.   In the beginning we focus on our hot market to hone our skills and become familiar with our companies products, services, and compensation plan.

When mistakes are made during this time, people don’t feel as though it’s the end of the world.  They understand there is growth and development on their part, and being rejected by family and friends is not a major concern.

By understanding the purpose of your Hot Market, you detach yourself emotionally from the outcome.  This prepares you for the bigger picture… which is developing your skills and supercharging your mind for the journey that lies ahead.


The art of a Master is knowing what to say and when to say it.  What if you had “The Bruce Lee” of our industry training You?


And who knows… while practicing on your hot market someone may decide to join you in your quest for personal empowerment.   And without using a high tech sales pitch or pushing someone’s hot button, you have a much better running mate.  Because, it was their decision to join and not yours.

Now… why you are sharpening your communication skills on the front-end, with people you are comfortable speaking too.  On the back-end, focus on education and training through a program developed by us called Super-6-Training.

Super-6 is an interactive marketing leadership course designed to inscribe the habits, qualities, and attitude of a leader through focused social interaction, traffic generation, and blogging.

Pyramid Scheme: The One True Pyramid

Thursday, July 29th, 2010

Pyramid Scheme: The One True Pyramid

(This is a post found in the Rich Dad Discussion forum.)

I AM IN A PYRAMID SCHEME.

I’m not proud to admit this, but I participate in a pyramid scheme. I have known for some time now that it was a pyramid scheme, but I have not been able to do much about it. I know that people are paying in money everyday to pay the people who are ahead of them, and that as they pay in there will not be enough for them to get anything out of it.

I don’t know why the FTC has not shut this scheme down yet, but I suspect it has to do with the fact that propaganda put out in the media and even by the government tends to make it appear to be legitimate. I wish the FTC would get some backbone and do something about it, because with all the other pyramid schemes they shut down this one should be number one on the list.

I am actually surprised that some of our negativity experts have not commented on this scheme since it is at least as blatant a miscarriage of justice as anything that normally gets complained about in here. I guess they too are not interested in truly effecting change, just in creating hysteria for hysteria’s sake.

The pyramid scheme I’m talking about by the way is the Social Security System. This system couldn’t be a more blatant example of a pyramid scheme. It has been acknowledged by every expert who has ever been asked that the system cannot sustain the people who are paying into it, and who will expect to get paid out of it. By definition that is a pyramid scheme. So, why do we continue to pay into a scheme that clearly won’t benefit us? Why doesn’t the government do something to stop this crazy system? Those are both good questions. And, believe it or not, I don’t spend much time thinking about them because I have decided to do something about it for myself and others. I am building my own business which will keep me from being dependent on this Social Security for my security and I am teaching others to do the same.

The average person that spends any time at all consistently building a network marketing business will net more after taxes than they will ever collect monthly in social security, and the better news is they can been collecting now instead of when they reach retirement age. I have a new team member who will make about $2,000 in her first month in her network marketing business, and her parents are lucky if they make $1,500 on Social Security after paying into the system for their entire careers.

So, when people tell me network marketing doesn’t work as they head off to work to pay into a system everyone knows doesn’t work, I have to ask myself do they deserve what they get or should we pitty them? I’ve decided to do neither. I’ve decided to make it my mission to educate people on what they are missing before casting them away for being non-believers. If they take the knowlege and do something then I will feel I have made a contribution to society. If they do nothing with the information I’ve still made my contribution, but I can move on without feeling either ridicule or pitty for the non-believer.

Imagine how many people you help every day when you introduce them to a way to hedge their bet, and take control of their lives and their futures. That’s the way we should be “selling” network marketing. Not as a get rich quick opportunity, but as an investment in the future that is on par with any other investment that could be made.

Think about that the next time you share your opportunity with someone. Understanding this concept may improve the spirit with which you share your opportunity.

Check Out This Cool Video That Further Explains Pyramid Schemes


Qualifying Questions for MLM (Part II)

Friday, April 30th, 2010

8 Questions For Determining Drive

The final 8 questions for qualifying your prospect aide in determining the motivation level of your prospect, and the drive behind their actions.

Here are the final 8 questions:

What are you willing to sacrifice?

This may sound superficial, but freedom has a price.  If you’re serious about quitting your day job and living life on your terms, then you must be willing to sacrifice something.  This could be time, money, or both depending on your given situation.

How long are you willing to make this sacrifice?

Don’t forget to relay to your prospect that this is not a diet plan and may take some serious time commitment.  Let them know they may have to give up something in the short term for a more desirable future.  For example, they may have to give up their weekends for the next 6 to 12 months to achieve their dreams.

How committed are you?

Here you are trying to find out if they finish what they start or do they often jump from new idea to new idea.  They must be willing to burn the bridge after crossing.

What are your fears and concerns?

Try to discover any road blocks your prospect has that could possibly discourage them from moving forward.  Be sure to listen carefully, because these are going to be their objectives when it’s time to do business.

What are your strengths?

Find out what your prospect does well, and encourage them to work within their strengths.

What can you bring to the team?

Here you want to be blunt and ask how can they contribute to your business.  This will make them feel wanted, and seen as an asset to your cause.

What do you want help with?

Here your opening the door to opportunity.  If your prospect has started implementing their plan to become financially independent and are in need of help, then they’ll start to unravel a list of problems they’re faced with.

If they haven’t begun to take action and they’re still in the dreaming room, then you ask the final question.

If an opportunity presented itself today would you be ready to take action?

Whether they answer yes or no, here’s your opportunity to invite them out to lunch or a meeting with you or your team, where you can formally expose them to your business.

Hopefully, you enjoyed our two part series on qualifying the prospect; and feel free to mix and match  the 16 questions as you see fit, because no situation nor prospect will be the same.  And always, and I mean always, expect the unexpected when dealing with people.  Good luck and enjoy what you do.


Qualifying Questions for MLM (Part I)

Friday, April 23rd, 2010

8 Questions For Measuring Desire

The first 8 questions listed below help you explore the mind of your prospect while measuring their desire to own and operate a business of their own.

Here are the first 8:

Do you want to own your own business?

Sounds silly, but many people don’t want to own their own business.  This question cuts right through the fluff, saves you much time and energy, and determines the seriousness of your prospect.

Do you have launching capital?

Here’s a great way to find out if your prospect has money to get started without appearing to be noisy.

Do you have a marketing budget?

This is very different from launching capital, and opens the door for you to share your knowledge on the purpose and power of marketing with your prospect.  This could easily be the most important question.

Who did you plan on doing business with?

Find out early if your prospect is a team player, and knows other people, of like mind, that may be interested in starting their own business.

Are you internet savvy?

Determining your prospects internet intelligence will aide in their marketing efforts.  Also, this questions opens the door to any hidden talents they may have.

Do you understand there’s a learning curve with any business?

This question actually tells the prospect there dreams want come true over night, and they’ll have to get off the couch and take action.

How much time can you devote to your business per week?

Time is a critical factor and someone whose plate is full shouldn’t be pursued.  A good prospect should be able to devote at least an hour a day to their business (preferably 2 hours per day).

Why do you want to own your own business?

If the prospect doesn’t have a reason why, then they’re more likely to quit at the first sign of trouble.  And remember, money shouldn’t be their only motivation, because the money doesn’t always come quickly.

These 8 questions qualify and interview the prospect without infringing on their space, and they allow you to determine if they are worthy of your time.  Be on the look out for Part II of Qualifying Your Prospect where we will determine the drive of the prospect.

Four Mental Elements That Block Progression

Tuesday, December 1st, 2009

There are Four Mental Elements That Block Progression and forces you to quit before you begin.  Even if you recognize and acknowledge these mental elements, there’s still a struggle to overcome them.

And until you conquer those little bumps in the road your business and life will remain stagnant.

The first deadly assassin is fear.

Fear is a great motivator if used properly, but most people are taught to avoid fear at all cost.

Why is this?

You see… fear is directly related to risk.  And the average person who wants to live risk-free, a life without pain and struggle, can never achieve true greatness.

Because, without risk there is no reward.

So, to avoid fear actually hinders your chance of living life at your full potential.

Here’s my personal challenge to you — become a risk seeker, and watch in amazement as good things start to happen in your life and business.

Next, there’s operating under false assumption.

Most newbies assume every one wants to make a million dollars, when in truth, most people want to make enough money to fire their boss, spend time with their loved ones, and travel without a budget.

Everything else is an added benefit.

Another assumption people make when starting out is thinking someone else will grow their business for them.

This sounds good in theory, but in reality, you can’t build a truly successful business without getting your feet wet.

You must learn and develop a skill of your own to achieve financial security; even if you decide to delegate the drooling tasks to others, you need to learn them yourself.

I’ve named only two false assumptions, but there are many more (too many to cover right now).  If you really want a fast start, don’t assume anything, just take action.

The third mental element that blocks progression is working without direction.

You see… when you find yourself doing everything, you’re probably accomplishing nothing.

I know you’ve heard of goal setting, but setting goals won’t cut it.  You should break your goals down into small daily task that can be accomplished in 3 to 4 hours with small breaks in between.

By accomplishing small tasks, you start to eliminate small goals, which leads to accomplishing big goals.

Do your best to avoid unrealistic goals and set mini-hurdles you can jump with ease, so you can reward yourself frequently.

Finally, a huge mistake is believing your not good enough.

The average person starts out thinking their not good enough, due to lack of experience and confidence.

In the beginning… most people have the same questions: why should anyone listen to me, what do I know, what skills do I have, and how can I add value to someone Else’s life?

You see — everyone has something to offer because each individual has a unique skill, whether they know it or not.

Believe it or not… most gurus weren’t  good enough either, but they did it and kept doing it until they got better.

Believing in yourself is all that matters in the beginning.  Once you believe you have something to offer, others will listen.

If you think I’m lying, just go to Youtube and watch some of the videos being released… you’ll see you’re more than qualified for the job.

Just remember to swallow your fear, assume you are the best, reward yourself with easy tasks, and don’t be afraid to make mistakes.  Do these things, and you will progress in more ways than you can imagine.

MLM Real Time Leads — Got Your Pockets Bone Dry

Wednesday, November 18th, 2009

Are you still buying MLM Real Time Leads in an attempt to grow a huge organization?  This may sound funny, but try cutting holes in your pockets before you make that next phone call, then stuff a couple hundreds in both pockets and go next door to use your neighbor’s phone.  At least this way someone you know can profit from your laziness.

Lets be honest… lead companies are getting filthy rich from network marketers inability to market.

It’s time for serious marketers to take control of their businesses and stop looking for the easy way out.  I know you were probably sold on the simplicity of getting 3, but face the fact, the big money earners have some sort of talent that you haven’t acquired.

It may be the art of persuasion, a proven system, or the law of  longevity; just hanging around long enough to make the right contacts.  Whatever the case maybe, you need to add value to your business by developing a skill that will make you the expert in your market.

And stop wasting precious money on mlm real time leads.

These leads are suppose to be screened and extremely hot, right… picture this.  Who’s screening the leads and what type of questions are they asking?

My mom could probably do a better job then most telemarketers, and I’m not joking.

Fact… these so called hot leads are very generic and not targeted at all.   Even though they are looking for an opportunity, who’s to say your business will be appealing to them.

Confused… I know you are, but there is a better way to grow your organization than calling MLM Real Time Leads; however it does require human cooperation and motivation.

You are going to have to learn to generate your own leads starting today.  And here are a few simple techniques you can implement instantly,  to attract highly qualified prospects (who want what you have) at a fraction of the cost.

  • Use video to build credibility and gain trust with your audience
  • Write articles to give value back to your community and establish yourself as an expert in your market
  • Hang out in forums and provide great content to members in the community looking for answers
  • Build a blog with an RSS Feed and energize it with great content
  • Run cheap advertisements in the online Classifieds that drive prospects to your money page

These are only a few simple tactics, that anyone who’s serious about ditching those lead companies, can implement right away.

However, if this seems like a lot of work here are the Top 15 Lead Companies (in no specific order):

  1. www.cuttingedgemedia.com
  2. www.leads2yoursuccess.com
  3. www.networkleads.com
  4. www.prostepinc.com
  5. www.leadslab.com
  6. www.leadersclub.com
  7. www.trafficoasis.com
  8. www.fastmlmleads.com
  9. www.promlmleads.com
  10. www.npros.com
  11. www.jungleleads.com
  12. www.optimizedleads.com
  13. www.laserleads.com
  14. www.leadslists.com
  15. www.mlmleads.com

Good luck and happy surfing!

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