Thursday, July 24, 2008

Power Leg Building Srategy

When your looking for a company and a mentor to work with it is very important to look at the marketing plan and see if it allows you to build power legs without losing out on a lot of commissions.

Binary mlm compensation structures encourage power leg building where you build straight down and many distributors benefit from the efforts of others. You still need to be able to build your other side and since that is the side you get paid off of, you need to work on and learn how to start structuring and building a powerleg of your own.

Onother very popular mlm pay plan is a unilevel compansation structure. It is very important in a unilevel that you don't have to build too wide to hit the top ranks and it needs dynamic compression which doesn't allow for break-age in commissions. This compensation plan can be very lucrative to build power legs with since distributors can start earning checks with out having another leg growing like a binary plan. Note: with this marketing plan make sure the company allows you to retain sponsorship even though you are placing the new distributor under another rep.

The concept of a powerleg is to create excitement and momentum and ultimately volume which you get paid on. It also creates higher retention rates since new distributors end up with new recruits faster and they start earning checks. You as the leader start sponsoring each new distributor under the next and you encourage them to sponsor at least one or two into the power leg before they start working on their power leg. This is very effective at keeping distributors on the product and working the program. Now they ultimately need to learn how to build their own business, this technique increases their chances of success, but is not a welfare set up, since for them to really reap all the benefits they still need to go to work and learn the business and qualify for bigger commissions.

See one of the best plans I have found to accomplish and build powerlegs. Uri International
www.helpwealth.info

Wednesday, July 23, 2008

Don't go broke building your mlm business

Probably the most affordable way to start building your business is your warm market, but this might be the biggest mistake you make. You just might find that your friends and family don't share your same enthusiasm. There is a few ways you can contact them without really pressuring them into taking a look at you opportunity.

1. Simply call them up and just tell them the company your with and a little bit about what you are marketing, and that you are just letting them know in case someonelse approaches them with the same company. If they have a little bit of interest you should have a website or a sizzle call to get them some additional information. Hint: let system and tools do the selling for you.

2. Write a sales letter about the company you are with and brief explanation about the products and how they can get additional information through your website and pre-recorded calls. Highly recomended approach for contacting family and friends. Takes just a little more money but good for the self esteem.

This blog will be in a small series. Next I will start getting into building your business online where most of your learning and effort should be. Thanks and make yourself more valuable.

Monday, July 21, 2008

Part-time MLM keys to success.

I recently got back in to network marketing. I work full time and run a small carpet cleaning business and build a spec home about once a year or buy a foreclosure to flip. I feel I'm pretty busy so I asked myself what I would need to make income in mlm if I only had an hour or so a day to work the business.
1. I felt like I had to work with a company that was stable, had a unique product or selling point, and most important was up and coming, but still small.(timing)
2.I needed to find someone already successful to help mentor me and keep me focused on what was the most critical aspects of the business and had credibility.
3.The marketing plan had to be extremely fair for the part-time net worker and yet lucrative for the full-timer. The plan needed to reward up line members for sponsoring people below me to help create momentum, which is hard to do alone if your part-time. The plan has to have a matching bonus that is easy to qualify for. Don't want to sign up a superstar and not be rewarded for it.
4. The company or up line needed to have system's in place to help you build your business online and over the phone. Save on Gas LOL
5.The company needed to have the ability to expand globally fast. You need the ability to take your business world wide.