MLM Brutally Honest Review An Absolute Must Read!
MLM Marketing is a marketing structure used by some companies. The MLM structure is designed to create a marketing and sales force by paying promoters for both the sales of the companies products they make and for any new distributors they bring into the company as well.
Anyone who joins and promotes the companies products are known as distributors. They do not earn a salary but instead they are awarded a commission dependant on how many sales they make themselves and the sales their downline make. This process is similar to a franchise.
A downline is the people that have paid you to join the MLM business and you will get a percentage of their sales. So in essence you pay to join into the business and then you will earn for every person you bring into the business and any future sales they make.
Here are some advantages of MLM’s: Quick and easy to get set up, Can start straight away, If you join when the MLM business is relatively new you can stand to build a large down line and therefore earn a lot of money.
However there are Disadvantages of MLM’s: The methods are now becoming dated; this is because most MLM models encourage you to sell to your friends and family. They also involve cold calling which is where you ring up people and tell them about your product or from a list of people you can buy that have bought similar products in the past or have been used by other people in the MLM. If you join near the bottom of the line you don’t stand to make much money as the market has already been saturated by the people in your upline People with more advanced online and offline marketing techniques will do better than you Most MLM’s are pyramid schemes (which are illegal) in disguise
So overall I think MLM’s are outdated as the marketing techniques they teach are no longer effective. Nearly every MLM will not provide you with the real training you need on Internet Marketing if you are to make money online.
Now there of course there are people making money from MLM’s and I’m not by any means trying to say they cannot make you money, but there is a very high failure rate as there’s a lack of training and support!
One of the main reasons people join an MLM is because of the lifestyle that is portrayed however at the beginning you will spend most of your time calling people on the phone and more often than not getting negative responses. This doesn’t sound like fun to me!
However if you have got your mind set on joining an MLM make sure you join near the top of a line and that there will be the support and training you require!
This article came from the laptop of Jonathan Pitts. Jonathan is a very experienced Internet Marketer who has had a lot of success in this Industry! He now mentors others so they can become successful marketers too! Fed up of the Hype in this Industry he has created a Truth Report giving the FACTS on how to Make Money Online! He could be charging $100’s for this but has decided giving it away for free!
Setting Up Your Home Based Internet Business
These are the most simple steps when setting up your home based internet business.
1. Find a market with people who are willing to pay for information
2. Create a product with a solution to the problem
3. Get visitors to your product website and sell it.
Let’s start with the market research. Use Google Keyword Tool or Wordtracker free tool to search for words people are looking for. If people are looking for a way to lose weight, you should check how many people search for “How to lose weight” keyword per month /Google Keyword Tool) or per day basis (Wordtracker). More people are looking for something, more possible it is to sell something.
Also, check the competition, normal Google search will show you how many websites match a certain keyword. Check if there is somebody already selling a product, if there are thousands of searches and no people selling anything, it probably means people are not willing to buy anything. Remember, you want to access people who are willing to buy.
Creating a product is time and money consuming. If you want to make a product from the scratch, be ready to spend money and your time. But there is also a better solution, you can buy the right to sell an already made product. So called Private Label Rights-PLR give you the ability to take a product, change it any way you want, name yourself as the author and sell it for 100% of the profit. Always buy a PLR product with a limited number of licenses. You don’t want to many people to sell the same product as you. 300 or less is acceptable, it is known that only around 20% of people who buy PLR actually use it. So out of 100 licenses sold, there are probably going to be only 20 people selling it. This is easy to compete with, if this can even be called competition. It is not common that hundreds of people are promoting the same product, but they still make a lot of money.
I have found a good source of limited PLR products. Visit Private Label Rights and look for their current offers. Their niche choices are good enough to make a lot of money, if you are willing to invest some time.
The third problem, getting visitors to your website is so broad that we cannot completely address it here.
SEO is search engine oriented, basically, you build your website in a way that search engine will like and you will get lots of free traffic from them. But it takes time and knowledge.
PPC is a paid way to get traffic. You pay a search engine for every click to your website. It is very fast, probably the fastest way to get traffic, but you have to have a budget to start with and some knowledge to get good prices.
There are many other ways of getting traffic, you can write articles, you can give some of the products away (reports, guides, mini ebooks…) you can pay other people to post your banners on their websites, social media is also a big hit… I could write a whole book just to describe all the ways to get traffic. Get busy and you will make it happen.
This is the fastest and easiest way to get your very own internet product. Private Label Rights
For important information about free traffic – study this publication. The times have come when concise information is truly within one click, use this opportunity.
Have The Right Mindset And You Will Succeed In Internet Marketing
Mindset is 90% of the game when it comes to Making Money with Internet Marketing and becoming successful in general; the below information is NOT some get rich quick scheme instead it includes tips you should implement if you want to be successful.
1) Belief – Start really beleiving in yourself 100%. You are capable of being a successful entrepreneur so really belive in yourself that you can! Picture yourself achieving your goals, they could be financial or lifestyle goals. It you constantly believe in yourself and say it out aloud you will achieve your goals; it will become part of your sub conscious; then you will see opportunities arise and action them.
2) Desire – You have to desire something to make yourself work at your Internet Marketing business, if I did not desire a better lifestyle I would not of spent my time working towards gaining a successful business. This desire will make you put the effort in that’s required.
3)Persistence – This ties in with desire. Desiring something to the extent you cannot see yourself living without it will make you persist. The reason why so many people fail in Internet Marketing is because they fall at the first hurdle, however if you persist at some point you WILL achieve success. When the going gets tough do not give up, instead work harder and overcome the set backs!
4) Passion – Be passionate about what you do. Internet Marketing can provide you with a really good lifestyle so be passionate about that; this will make you put the effort in and get you excited about your work. Your mind will come up with new ideas that will help your business if you are excited by it.
5) Planning – Internet Marketing is all about using your time efficiently. You have to have direction in where you are going to take your business so each day draw out what you want to achieve. Also give yourself a monthly plan and yearly plan. This will give you direction and an idea of where you want to be in the longer term. Success is where you achieve pre determined goals!
6) Teamwork – There’s a lot of information to learn in Internet Marketing so make sure you do not go it alone. Join a team of people that share your vision and will help you out, this way you can share ideas and all benefit from each others knowledge. A perfect example of an Internet Marketing team is the Turn Key Marketing Group.
7) Goals and Vision – Set yourself clear goals, this way your mind can work towards achieving these goals. It doesn’t just have to be a personal goal, if you’re in a team you can set a team goal and all work together to achieve it. With Internet Marketing if there are 10 people promoting a product/business opportunity rather than just one person the product will become more widely known and recognized.
Decision Making – You have to be able to make important decisions if you are going to be successful at making money online. So many people see an opportunity but little actually go and take it. If you feel there is an opportunity out there to make money, take ACTION. This is a major factor in why so many people fail because they come up with excuses why they didn’t take the opportunities to justify it to themselves.
Of course you have to decide if the opportunity is right for you; if it is though go for it! Do not look back in regret 6 months down the line because you didn’t take an opportunity! This is unfortunately what happens to so many people.
9) Positivity – This is really important. Positive attitude is the foundation of a successful Internet Marketing business. Go into Internet Marketing without it and you will more than likely fail. Stay positive through the bad times; know that you WILL reach success! When you think like this you won’t take as much notice of obstacles, instead you will find ways around them so they do not matter!
If you really go out and create a positive mindset you will be a SUCCESS!
This article came from the laptop of Jonathan Pitts. Jonathan has gone on to become one of the most highly rated Internet Marketing Entrepreneurs and Mentors around. This is because of his expert knowledge and passion for enabling others to achieve success online. He is tired up of the Hype that surrounds the Online Marketing Industry so has produced a Truth Report to give the real facts and remove the Hype!