3 Tips For MLM Marketing Success
Ever wanted to personally sponsor 10, 20, 60 or 100 people in your downline in a single month? Well, unless you know a ton of people there’s only one way you’re gonna do it, and that’s through advertising.
But most people think that all they have to do is to advertise at a few places, and from day 1, they are going to make a profit in their MLM, when that’s not the case. So I have written 3 tips that explain how marketing MLMs on the net work, what to expect, and how to succeed.
Follow these three tips and you are sure to succeed in online MLM.
Tip #1: Don’t’ expect to make much in the beginning: Unless you are promoting some sort of big ticket item, you will not make a lot building your team in the beginning. However by consistently investing in advertising for your business your business will most definitely grow from the beginning.
How long before I can make the big bucks?
This is a question that I get from a lot of people who get in, and I don’t blame them for asking. So, in short the answer is like this. You’re big money in MLM does not really happen until you get some people in who are willing to duplicate your efforts. Now, this can take anywhere between a few days to a few months depending upon how many people you are personally sponsoring on a regular basis. Obviously, the more people you bring in, the bigger your chances of landing a leader.
An awesome network marketer once told me that he would rather have 10 people who will actually build the business than 1,000 people who won’t. Now why would he say that?
Well, the truth is, most people who join your network marketing company will do very little to nothing to build their downline. Sure, they’ll buy into your company all day, but very little will actually follow a complete system for success, no matter how easy it is. However, once you have a few people who are actually willing to work your opportunity and build their business then your business will begin to skyrocket.
Tip# 2: You need to have a consistent marketing budget: You need to have a marketing budget that you can use every month to build your business. Remember, you should not spend any more than what you can afford, but also remember that the more money you can spend each month, the faster your success will be. If you don’t have much money to work with, understand that you will have to put a lot more time into free alternative marketing methods such as SEO, blogging, and forums to get those same results.
Tip #3: You need to take your profits and re-invest them back into your business: Do you have a thousand or more to invest in advertising every single month? Don’t worry, most people don’t.
So how do you go from a budget of around $100-$200 per month into a thousand per month budget that will allow you to recruit 10, 20, or even 100 people per month? The answer is that you take your profits and reinvest them into your advertising.
This does not mean that you stop investing your initial budget into your MLM. You have to add to your profits to your initial budget each month. By doing this your profits and your budget will grow simultaneously.
You repeat this process until your advertising budget is at a level where you are recruiting the desired amount of paid members per month that you are looking for. Once you get to a level where you a comfortable with your own personal growth and the growth of your team, you can then maintain that budget and raise or drop it when necessary.
So, there you have it, by following these three tips you can make money just like the big dogs. So, how effective is the method? Here is an example of how a collegue of mine’s business looked after 11 months of growing their business starting with a monthly budget of $300 in advertising using the tips from above.
Month 1: $63 Advertising Budget: $300
Month 2: $150 Advertising Budget: $363
Month 3: $249 Advertising Budget: $450
Month 4: $485 Advertising Budget: $549
Month 5: $786 Advertising Budget: $785
Month 6: $1089 Advertising Budget: $1086
Month 7: $2011 Advertising Budget: $1389
Month 8: $3574 Advertising Budget: $2311
Month 9: $6453 Advertising Budget: $3311
Month 10: $10,156 Advertising Budget: $3311
Month 11: $15,124 Advertising Budget: $3311
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Total Earnings: $40140 Total Advertising Budget: $17166 Total Profits $22974
As you can see, my colleague ended with a monthly advertising budget of $3,311 and had an 11 month profit of $22974 starting with an advertising budget of only $300 per month! What’s even better is that he now has a profit of over $10,000 per month that grows each and every month like clockwork.
Now, please don’t think that I am painting a rosy picture for you here. My colleague didn’t get to that point by just placing a few advertisements. He tested his advertisements, and used a variety of different advertising techniques such as building his email list to get to that point. But once he found his winning ads, and methods, he was off and running, plus a few leaders emerged in his business who started really promoting it as well. And this will happen for you too. So go out there and try it and let me know how it worked for you.
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Good writing. Keep up the good work. I just added your RSS feed my Google News Reader..
Matt Hanson
Nice writing. You are on my RSS reader now so I can read more from you down the road.
Allen Taylor
Found your site from
Linksmarker Social Network and I must say you really have a great article here! Keep up the good work. I will bookmark your site!
Thanks for all of your great feedback and comments. I know I’ve been gone for a while because business has been building, but watch out. this month is sure to bring some great surprises.