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Casual Articles - Product Sales Equals Success In Network Marketing
Something that I am asked every couple weeks is "why entrepreneurship?". This is a question that always makes me hesitate, and I've noticed that my reply is never exactly the same. Yet deep down I know it's what I love and would do even if the world was topsy turvy and making a lot of money through entrepreneurship wasn't possible.Let's examine the decision to be an entrepreneur. It's a complex topic so I'm going to break it down into a few posts exploring the benefits, disadvantages, misconceptions, and motivation behind entrepreneurship. I recently read that lists are more likely to attract traffic and since I have neglected the blog this week let's begin with what I feel are the top 5 reasons to be an entrepreneur:#5 There is an Upside There aren't a whole lot of categories that most of the world's rich fall into. Inheritance, real estate, and business are the main three as we l
Providing feedback to staff is always tough, but if it's "constructive," you not only get the message across, but also build a more cohesive and capable team as a result.During a "Managing Performance" session recently we covered what it takes to give praise and also constructive feedback.Sometimes we feel uncomfortable when we have to pull employees up - but this need not be the case if we do it in the right manner.Hence this tip!Do you remember when your parents told you to eat your veg because they were good for you?Now that you're an adult, you know they were right!Well, just as they were right from the beginning, I'm asking you to trust me when I tell you this:"Constructive feedback is the only way to learn and develop -both personally and professionally"That means, you as Manager, have a responsibility to your staff to help them develop. That
The answer is simple.
Companies don’t pay you to recruit. They pay you to sell their product or service. And although it is certainly admirable to have a battalion of distributors in your downline, the truth is, until there is a sale, there is no commission. Therefore, in conjunction with your recruiting goals, you must incorporate sales volume goals.
Follow the steps below to build organizational sales volume:
a. Use the product
It seems hard to believe, but some people do not like or use the product they market. If this is the case for you, find a different company. In the network marketing business, people buy from you because they are responding to your heart felt enthusiasm for the product. People will trust you, but they are also perceptive. If you are un
Whenever you go into a shop or pick up the phone to place an order, something has prompted you to take action and buy. Have you ever stopped to consider what that prompt was? What thought went through your mind, which led to you putting your hand in your purse or wallet?It’s all down to motivation – what motivates you to buy. Understanding your customer’s motivation will help increase sales and profits! So, let’s spend some time examining what motivates people to buy and how you can apply this knowledge to help make your business more successful.Motivation – 3 basic driversAny purchase boils down to satisfying a need, want or desire. These are 3 distinct stages. You usually have to satisfy your needs before you can progress up to wants and desires. Let’s have a look at each of them in turn.NeedsAbraham Maslow, in his work on needs, highlighted that at the basic lev
Follow the steps below to build organizational sales volume:
a. Use the product
It seems hard to believe, but some people do not like or use the product they market. If this is the case for you, find a different company. In the network marketing business, people buy from you because they are responding to your heart felt enthusiasm for the product. People will trust you, but they are also perceptive. If you are u
Most of us would agree that a business organisation, or any other kind of organisation can only be properly managed if the information with which to make decisions is readily available. Below are some more specific reasons for setting up a measurement system at the organisational, process and job levels.Reason 1: Provides Information for Reporting PerformanceAt the very minimum, a measurement system is needed to provide information for reporting performance to meet statutory requirements.Reason 2: Guides the Implementation of StrategyStrategy implementation generally involves resource allocation decisions for the purpose of meeting organisational objectives in the context of market conditions, competitive action and environmental trends. If there is no measuring system in place to monitor market conditions, competitive action or environmental trends, then wrong resource allocation de
Follow the steps below to build organizational sales volume:
a. Use the product
It seems hard to believe, but some people do not like or use the product they market. If this is the case for you, find a different company. In the network marketing business, people buy from you because they are responding to your heart felt enthusiasm for the product. People will trust you, but they are also perceptive. If you are u
Trust is at an all-time low in America organizations. It's no wonder when you consider how little respect employees get from above. When I visit organizations, staff members tell me about problems. More interestingly, they tell me their innovative ideas to fix the problems. "What a great idea," I say. "Have you shared your thoughts with your boss?"Their response typically is: "Oh, he never listens to me." Or: "Yes, but she hasn't done anything about it; she never does." When that happens a few times, people stop sharing their ideas.The most successful organizations make sure people listen...to employees, to customers, to outside opinion leaders, to critics. Listening builds trust and respect. Listening solves problems.But listening is not easy You've had a lifetime of not listening well. And you are just like most of the rest of the world.It is no wonder we aren't bett
a. Use the product
It seems hard to believe, but some people do not like or use the product they market. If this is the case for you, find a different company. In the network marketing business, people buy from you because they are responding to your heart felt enthusiasm for the product. People will trust you, but they are also perceptive. If you are u
The debate seems to go on and on. Your employer pays you for what? How do you explain your salary? Let's examine some often touted rationales employees use to explain their pay.Your employer pays you for what you know. Sure they do buddy. You may have heard this one before. This rationale is popular among employees with a pile of credentials and qualifications. Does your employer really pay you for what you know? Yes or no. Yes, we all would like to believe doctors and teachers are paid for what they know. Both professions have reasonably high prestige, but the teaching profession has historically low pay. But you say, doctors spend more time in college than teachers, take greater risks, and solve life threatening problems. That's why doctors are paid more than teachers. Maybe so, if this reasoning is valid then how do you explain athletes and entertainers pay? If the pay according to what you know crowd h
Before asking a potential customer to get excited about a product and open their wallet to spill out hard earned dollars, you must first have the conviction to honestly say: “This is a good product. You will get your money’s worth. I guarantee it.” How can you do this if you don’t even use the product yourself? If you want to be a charlatan and operate on the edge of incredulity, find another line. Don’t soil the industry for the rest of us.
b. Encourage your downline to use the product
Using the product applies to your downline also. Encourage them to buy and use the product, and have samples of the product available for all opportuni
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