Tuesday, April 17, 2007

A Few Ways to Grow your Network Marketing Business


If you start your network marketing or multi-level marketing business on a tight budget, as many people do, there are a number of low cost ways to build up your business. Obviously, there are many ways to promote your business if you have a sizeable budget, such a magazine or radio advertising, but we will focus here on the low cost methods. One of the simplest techniques for promoting your mlm business is the simple business card. Mary Christenson, a top earner in network marketing who moved to the United States from New Zealand, said in her book 'Your First Million in Network marketing' that the thing that has brought her the most business over time was her business cards, even outperforming expensive promotion such as Yellow Page advertising.

Another effective method for generating business is to visit stores and other pertinent places of business in your area and ask the owners/managers if they would be willing to sign up a s field rep and carry your producyt or service. If they turn you down, make them an offer: tell them that if they will carry your brochures and/or cards in their place of business you will give them a percentage of the profits generated from their location. Often they will realize they can earn more by becoming a distributor themselves. Bam! You have yourself a new downline distributor. You can also go to a car dealership and ask the salesman if he would like to earn another stream of residual income in a passive way...

You can recommend that he become a field representative and get some business cards made. If he happens to meet someone who is looking for a business opportunity he can give him a card, preferably with his affiliate web site on it. This is often effective because few people meet more people from so many diverse socioeconomic backgrounds than a car salesman, and as anyone can attest that has been to a car dealer, you often spend hours with that person and get to know them quite well. This a is a perfect passive recruiting environment. The same applies to other types of salespeople. When one of them joins your downline community then you basically have access to their leads and precious client list. If you have a at least several people in your downline and their lead generation has been rather sluggish, you can have a contest: have everyone go out and trade business cards for a whole day. At the end of the day, whoever has the most business cards wins. The prize can be a free dinner, products or whatever you can afford. This is an important one because you will not only be sparking some life into your group but because you will be developing leaders, and the measure of a True Leader is how many other Leaders they have developed and built in their organization. Another thing you can do is produce an inexpensive flyer (it could be black and white) and pin them on every free billboard in town at places like coffee shops, supermarkets, community centers, college common areas and the like. You can even tape them or staple them to bus stops, telephone polls and so on. if you really want to spread the word, also put them under car windshield wipers, mailbox flags and places like that. Make sure your phone number and perhaps your web site is on them as well.

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