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  • Atricle Dump - What Can We All Learn from Network Marketing? Seven Lessons for Every Business

    Occupational Health and Safety - Stress and Workaholism at Work
    There has been a lot of hullabaloo recently about the problems facing Australia in retaining talented workers and the subsequent pressure placed on those remaining behind in the workplace.The incidence in stress claims is rising and is having an impact on the economy and enterprises in general.The incidences of people who work ‘day in day out’ who in many ways are closet workaholics is increasing.We are told that 1 in 5 Australians are suffering from some sort of mental illness and that 1 in 7 teenager’s at high-school suffer from depression. This comes from proven research but my guess is that it is probably higher, after all these subjects are still quite taboo in our society.Why be the richest and unhappiest person in the cemetery? Take a walk around the local cemetery sometimes and read the inscriptions – it’s actually quite interesting w
    e the days of being a "company man" -- your career is your business. Multi-level marketing just makes that explicit. Yet one of the things that makes the sector most attractive, the low barrier to entry, also creates some its greatest dangers. Many people get into it without the necessary skills to run a successful business.

    We are primarily interested in what lessons all business people can learn from success

    An Interpretation of Language
    The art slash science of language or literary translation is inarguably considered a most key essential function throughout the worlds industries today and has undoubtedly been a crucial factor in the international inter lingual network of human beings over some millennia. Right from the early days, about sixty thousand years in the past, the immature versions of mankind fabricated the first elements of modern speech, the development of language has been responsible and a central component for much of the surrounding achievement that mankind can claim credit for.Without fundamental communication skills, which before actual spoken language, was comprised of far simpler rudiments such as gestures of the hands and limbs or eye movement and facial expression, men or women could never have developed the sophisticated social connections that they did. We probabl
    Network marketing, or multi-level marketing, is one of the fastest-growing business models of the past few decades. Between 1993 and 2003, total direct selling revenues grew by 7.1% annually, dramatically above the rate of growth of the economy -- and of total retail sales (according to the Direct Selling Association).

    The most prominent examples of direct selling companies include Amway, Avon, Mary Kay, Nu Skin, and Herbalife, which recently went public. In 2003, U.S. total direct selling sales totaled more than $29 billion, or almost 1% of the over $3,397 billion for total U.S. retail sales (U.S. Census Bureau).

    Any business model that has achieved this kind of success probably has lessons that all business people can learn from. We define this family of business models as a method of distribution in which people are paid for sales volume generated by people they have recruited into the distribution network. 20% of American adults reported they are now (6%) or have been (14%) a direct selling representative -- defined as "the sale of a consumer product or service, person-to-person, away from a fixed retail location." In 2000, 55% of American adults reported having, at some time, purchased goods or services from a direct selling representative.

    A significant number of network marketers have negative experiences with the industry. That is why 70% of all people who have ever been a direct selling representative are no longer in the industry. For the purposes of this column, we will not go into the challenges and problems in the network marketing model. There are plenty of Web sites on that topic.

    We all work for ourselves. Gone are the days of being a "company man" -- your career is your business. Multi-level marketing just makes that explicit. Yet one of the things that makes the sector most attractive, the low barrier to entry, also creates some its greatest dangers. Many people get into it without the necessary skills to run a successful business.

    We are primarily interested in what lessons all business people can learn from success

    Build Brand Value BIG Time
    Ask your self this question, In which business are we really in? And stay far from the dark world of commodities...I am astonished!!! I just witness how in three days a clan of marketers – brand managers, advertisers, researchers - drove a brand into the huge world of commodities, these people approach the brand building process as a conjunction of ideas- do not matter if the ideas were good or bad- and were clearly afraid to innovate and challenge the rules of their game.If you are planning to maintain your brand as far as you can from the dark world of commodities, why not innovate by reconsider the category in which you compete and create your own rules.As Theodor Levits from Harvard business school once exemplified it: “The once- powerful railroads were blindsided first by automobiles and then by airlines. This happens because railroad co
    , and Herbalife, which recently went public. In 2003, U.S. total direct selling sales totaled more than $29 billion, or almost 1% of the over $3,397 billion for total U.S. retail sales (U.S. Census Bureau).

    Any business model that has achieved this kind of success probably has lessons that all business people can learn from. We define this family of business models as a method of distribution in which people are paid for sales volume generated by people they have recruited into the distribution network. 20% of American adults reported they are now (6%) or have been (14%) a direct selling representative -- defined as "the sale of a consumer product or service, person-to-person, away from a fixed retail location." In 2000, 55% of American adults reported having, at some time, purchased goods or services from a direct selling representative.

    A significant number of network marketers have negative experiences with the industry. That is why 70% of all people who have ever been a direct selling representative are no longer in the industry. For the purposes of this column, we will not go into the challenges and problems in the network marketing model. There are plenty of Web sites on that topic.

    We all work for ourselves. Gone are the days of being a "company man" -- your career is your business. Multi-level marketing just makes that explicit. Yet one of the things that makes the sector most attractive, the low barrier to entry, also creates some its greatest dangers. Many people get into it without the necessary skills to run a successful business.

    We are primarily interested in what lessons all business people can learn from success

    Modern Marketing With Postcards
    Postcards may be one of the best kept secrets of modern marketing. They produce even better results now than in the past. That's probably because postcards deliver information the way people want to get it today ...fast and with little or no effort.Use Postcards to Generate Website Traffic and Sales LeadsA brief captivating message on a postcard with an enticing offer sent to the right prospects will generate a flood of traffic to your website - or a large number of sales leads.Keep your postcard simple. Make it look at first glance like a message from a friend instead of like an advertisement. This creates a pleasant emotional response from readers even though they quickly realize that it is a commercial message.State the biggest benefit you offer to customers. Then briefly add a few other advantages or features yo
    paid for sales volume generated by people they have recruited into the distribution network. 20% of American adults reported they are now (6%) or have been (14%) a direct selling representative -- defined as "the sale of a consumer product or service, person-to-person, away from a fixed retail location." In 2000, 55% of American adults reported having, at some time, purchased goods or services from a direct selling representative.

    A significant number of network marketers have negative experiences with the industry. That is why 70% of all people who have ever been a direct selling representative are no longer in the industry. For the purposes of this column, we will not go into the challenges and problems in the network marketing model. There are plenty of Web sites on that topic.

    We all work for ourselves. Gone are the days of being a "company man" -- your career is your business. Multi-level marketing just makes that explicit. Yet one of the things that makes the sector most attractive, the low barrier to entry, also creates some its greatest dangers. Many people get into it without the necessary skills to run a successful business.

    We are primarily interested in what lessons all business people can learn from success

    How to Market Yourself by Marketing Others
    Sometimes you may wish someone else would sell your products or services so you did not have to do it. In the mind of almost everyone, this would be absolutely ideal. In reality, only you can be as passionate and knowledgeable about your products and services. This is even true when you company grows.There are several things that you can do to lessen the pain of trying to sell your own products and services. Here are three great ways to be more successful. Don't forget there is a difference between sales and marketing. You should first MARKET your products and services and forget about selling. You should ease into the selling phase through a good solid marketing plan that contains action steps and timelines for completion. You need to plan where you are going and as Yogi Berra states. "If you don't plan, you will
    representative.

    A significant number of network marketers have negative experiences with the industry. That is why 70% of all people who have ever been a direct selling representative are no longer in the industry. For the purposes of this column, we will not go into the challenges and problems in the network marketing model. There are plenty of Web sites on that topic.

    We all work for ourselves. Gone are the days of being a "company man" -- your career is your business. Multi-level marketing just makes that explicit. Yet one of the things that makes the sector most attractive, the low barrier to entry, also creates some its greatest dangers. Many people get into it without the necessary skills to run a successful business.

    We are primarily interested in what lessons all business people can learn from success

    Fantastic Job Fair Follow-up
    Set the stage for fantastic job fair follow-up while you are still at the job fair. As the conversation is coming to a close, ask for the company representative’s business card. If he or she doesn’t have one, ask for their name, title, and best way to reach them. Write that information down in your notebook. Thank them for their time and re-affirm your interest in the company and position.Back home, sort through the business cards, company literature, and notes that you made. Prioritize them for follow up.SET YOURSELF APART FROM OTHER CANDIDATES by sending a thank you note that reminds them who you are and what you have to offer. Express interest in the position that you discussed and mention why you are such a good match. Request an opportunity to meet with them again. Let them know that you will contact them later in the week. Remember, recruiters
    e the days of being a "company man" -- your career is your business. Multi-level marketing just makes that explicit. Yet one of the things that makes the sector most attractive, the low barrier to entry, also creates some its greatest dangers. Many people get into it without the necessary skills to run a successful business.

    We are primarily interested in what lessons all business people can learn from successful network marketing practices. We recently interviewed some of the industry's top experts and found seven lessons that all sales and marketing professionals can use to be more effective, regardless of their industry:

    Every business is a relationship-based business
    So says John Milton Fogg, founding editor of Networking Times, author of The Greatest Networker in the World, and one of the most successful teachers of network marketing. You cannot sell an inferior product with a superior relationship, but you need at least a functional relationship to sell your product. That is particularly apparent in multi-level marketing, an industry built around belly-to-belly sales.

    Think analytically about your network
    Shaul Gabbay, in his book Social Capital in the Creation of Financial Capital: The Case of Network Marketing, reports that the fastest-rising group of entrepreneurs [of the direct selling representatives whom he studied] were those who had initial weak ties to dense networks. In other words, successful salespeople penetrate an untouched market, and then work to gain a high market share in that market. This is easier to do if that untouched market is highly dense; everyone in it knows all the players. Why? Because word of mouth in that type of network will spread more rapidly about the value of your product or service. This principle is particularly evident in network marketing, an industry where "networks go to work." However, the same idea applies to almost any business.

    Create a community around your product
    One of the great ironies o

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