How to Build a Direct Selling Business?

 

Think about the reason why you got into direct selling or network marketing? The chances are higher that you will say that it is something you love. However, the traditional standards of this industry are not conducive to this feeling. Generally, network marketers or direct sellers got sales by pestering their customers’ networks to buy repeatedly. It is no wonder that rather than nurturing relationships with customers, you will end up turning your targeted customers off, and you know what – this damage lasts for a longer period. It can demolish even established businesses. Additionally, not only does this approach leave direct sellers feeling annoyed but makes it extremely hard to succeed.

So, what should you do when you want to love and build your business but traditional selling methods leaving you frustrated and cold? A good direct selling consultant will suggest you the following:

Relationships build direct selling businesses

Let us say it one more time – relationships build direct selling businesses, particularly ones that stand strong the test of time and achieve success. It is almost impossible to lead a business successfully if you do not have a foundation of a solid relationship with customers and distributors. And, it is a big challenge to get those loyal customers if you are turning them off with your pushy sales tactics. See! No one likes to ‘feel like a mark’. That is why it is more than important to cultivate the relationships you have with the people in the network – the prospects, customers, and distributors. The stronger you build the relationship with them, the solid the foundation of your direct selling business will become. Simply put, strong relations are necessary if you want to build a strong business in the future.   

Why ‘relationship marketing’ works well in direct selling?

Even professional direct selling consultants feel that it is the finest and most effective way to build a successful business in which you will also get opportunities to share things with others. In this marketing style, you will focus more on your customers to build a relationship, not just to make another sale. Just think – is it good when you get a sale instantaneously? Of course, it is! But it is more essential to build a solid relationship with them by helping. Instead of thinking – I have to sell, sell, sell all the time, you should also think – how can I serve my targeted customers better or how can I help them, or how can I help them achieve a goal?

After all, your business will become stronger and better when you serve them the best. Why? It is because your customers will understand and know that they are more than a lead or sale to you. They will appreciate how much you care for them and when they decide to buy or join your team, they will do it without giving a second thought. Most importantly, they will see that you are leading your direct selling business with your heart.

Attaining success in direct selling

Success – well, it is a lot of things. Sure, you can find a definition in the dictionary – but it means varies from one person to another. For instance, for some direct sellers, success means making sufficient money to take their loved ones on a nice vacation at least once a year. While for others, it is being in the top position in the region. So, you should determine what success means to you. See, it is a unique concept to you, your goals, and your values.

Money is not the only marker of your success

You should determine whether you want to make instant money or simply want to do what you love? If you want to make money, then you can get it by doing anything like a 9-to-5 job! But if it sounds boring to you, then you should not ONLY focus on money. See, direct selling is something that needs time and patience along with dedication and hard work. If you are ready to put all these elements into your business, then success will surely knock on your doors sooner or later. And when you are successful, the money will automatically come.

So, start your business by connecting with your potential network

This industry is all about relationship marketing. And relationship marketing starts by connecting with your network. However, it does not mean that you have to call them or mail them on an hourly basis. Getting in touch with them is just the very first step. Next, ask questions to your prospects, customers, and distributors on how you can help them. This simple trick will help you find different ways to make your services better.

What is Next?

Lastly, we can only say that sharpen your business and service skills to make your connections better with people. And when you have a strong relationship, success will come to you. Besides, you can connect with a professional and certified direct selling consultant for the right guidance and support.

Original source of article: https://www.diarystore.com/

6 Questions to Ask about the MLM Company

While some network or multi-level marketing opportunities are nothing but scams to fiddle your hard-earned money but the good news is that countless opportunities are there for you that have an amazing track record. But how will you discern a reliable option in such a vast market? Even though you can connect with one of the best MLM consultants in India for the right assistance and consultation, you can ask the following questions about the company you are planning to work with!

So let us get started!

1. Has the MLM company been around for at least 5 years?

If you want to get the desired outcomes from your efforts, then it is good to choose a company that has a proven track record and in the field for a minimum of 5 years of duration. Around 90% of all MLM companies typically fail with in their first 2 years. So you definitely do not want to invest your energy, time, and recourses, in something that may not even have a business the next month.

2. Is the network marketing company well-capitalized?

If the MLM company is solvent, then it means they have enough capital to maintain a solid infrastructure, grab the attention of talented management, pay commissions on-time, keep pace with the latest technology, and grow constantly. Publicly traded organizations are needed to disclose their financial condition in every 90 days in some countries like the USA. Unfortunately, privately owned MLM companies in India are not liable to provide any such detail to the public. So, it is good to collect details related to capitalization before moving ahead.

3. Does the company have products/services that are different and unique?

While associating with such a company, it is more than important to make sure that the goods and services are not readily available in the market and particularly at a discounted rate! The products/services should be unique as well as have high demand in the market.

4. Is there a genuine demand in the market for the products/services?

You might have heard several ‘horror stories’ about people ending up with a room full of water filters and other products! This happens because distributors are the only ones who will buy that product at a hefty price. You should always go for the products/services that have ‘real’ demand in the market and at fair prices. To put it simply, your products should provide your customers with incredible value so that they can feel like a winner. You must consult this aspect to your MLM consultancy also before making any decision.

5. Are the products trendy or fad?

You must understand that you cannot make residual income with the products having short-term appeal. Hence, think LONG-TERM! The products/services you are choosing should have appeal beyond today. For instance, the wellness and health category is likely to perform quite well. So, you can think about it.

6. Will you be able to generate immediate income?

You must be able to generate immediate income to support your expansion and marketing efforts. Investing an ocean of money into the business and getting only one glass return on investment is surely not a smart bet! So, check whether you can leverage the benefits from the cash flow or not!

Final Words

So, there are a few but necessary questions to ask to find the best MLM partner for earning a handsome amount. In case, you are confused or do not know where to start from, you can connect with a professional MLM consultant in India to seek help. They will help you understand the intricacies of this industry to gain maximum profits.

The Myths and Truth about Direct Selling Business

No ‘work-at-home’ scheme is demonized and misunderstood than network marketing and direct selling. At its best, direct selling and network marketing are seen as ‘unimportant’ mommy-business or something that Uncle Bob does only to find his good luck. And at its worst, it is perceived as scam artists and being ‘full of greedy snakes oil salesperson’. Simultaneously, others tout direct selling business as a viable method to jump-start a home-based part-time business.

If you are considering direct selling, then you need to examine some common myths and misconceptions about it. So, just have a close look at the following to understand this industry better:

1. Myth: Direct selling is an unethical pyramid scheme

Reality: In the pyramid test, the organization’s shape does not decide legality. If it did then most of the organizations and businesses including the government ones would be illegal. It is because they all have this pyramid structure. In general, an illegal pyramid scheme provides its members with no products/services and pays them as per the number of recruits.

But the legal structure, on the other hand, offers high-quality products and services to its members and distributors. Recruiting new distributors or members will allow them to increase their income based on the sales volume along with the team sales volume, not the total number of recruits. A legitimate direct selling business should adhere to regulations and laws along with publishing statistics of average income.

2. Myth: Only the people sitting at the top make money

Reality: Well! This particular argument describes a job more accurately. How often does an executive-level employee become the CEO in the same company? The bitter truth is that a huge number of quality and talented employees never get the financial rewards and growth their work deserves.

Hence, it is not true that only the people who start early get money. Many ‘ground-floor’ members earn nothing while many people who have just started a few years back make a fortune. The actual thing is that in a good direct selling firm, members can get any amount of money, irrespective of where they are standing in the company. Simply put, direct selling income is associated with your efforts, not position.

Moreover, when members of direct selling businesses start earning income and rewards based on their efforts, they do not change their current position until the company asks them to leave that place. That means, no matter when you start or where you stand in the company, you will always have equal chances to do well if you put honest efforts.

3. Myth: Gradually, every program will get saturated

Reality: Saturation is not possible because there are not a finite number of members. As you already know that every day people are born and turn 18 years old. In this manner, adding new and potential marketers in your pool of prospects will never bring saturation. Even in the book of Zig Ziglar, the writer has said that Network Marketing for dummies, offers the best argument against the saturation myth. He asks, “Do you know anyone who doesn’t have a refrigerator? No? That doesn’t stop GE from selling more of them.”

4. Myth: Direct selling does not work

Reality: As per the Direct Selling Association, the direct selling businesses are a part of nearly $35.4 billion in sales in the USA in 2018. Additionally, over 6.2 million people are into direct selling in the USA. These numbers are enough to show you that this industry can also work well if you put a lot of honest efforts into the business.

5. Myth: No one becomes rich in direct selling

Reality: It is a fact that not everyone gets success in direct selling. Around 2-10% direct sellers earn big but these are the ones who work continuously in their businesses. But getting rich must not essentially be how this industry is judged! Rather, it should be measured by the number of sellers who reach their objectives.

Final Words

Direct selling business indeed has its issues. However, most of them hinge around misleading and false information. You can only achieve success in your venture if you avoid this misleading information. For this, you will need to gain a solid understanding of this industry, select your direct selling company carefully, and commit effort and time to your business. You can also consult a professional direct selling consultant for the right guidance.

Source: https://vocal.media/

How to Find the Best MLM Company in India?

Presently, business opportunities at the global level are increasing with each passing day. And Multi-Level Marketing (MLM) or Network Marketing is in trend with countless business opportunities but these could vary from one organization to another. To leverage the benefits of this trend, you must join the best MLM organization with the help of an MLM consultant in India that offers a handsome income.

Previously, people used to join these companies through the referrals of their family members or friends. But, today, you can simply search online or connect with an MLM consultancy to seek guidance for choosing the right MLM agency. Since filtering the best options is not easy, we have come up with this post to help you a bit in this quest.

Just check out the following principles or key factors to join the right MLM company to get the desired outcomes:

Gain deep knowledge about the company
First and foremost thing that you need to consider is how long the MLM company is in this field. Check out the total years of experience. It is believed that if the experience is less than 2 years, the chances for success are lower and if it is 15 years or more, then the probability of success would be higher. So, it is extremely important to research online as well as offline to know more about the company and its background. It is also good to check the details of the company regularly. You can also connect with a professional MLM consultant for background checks and analysis of the company to see if there is any outstanding legal complaint against the company. To put it simply, deep research is a must to find the right MLM partner.

Check the strategies along with the products/services of the company
Every company follows certain strategies to meet its objectives. So, it is essential to analyze the marketing plans for the company to know whether they are more focused on building a team with referral marketing or want more product sales. If they emphasize more on products sale, then they might be following the ‘Ponzi’ or ‘Pyramid Selling’ scheme. It will let you know whether they are following a legal structure or not. Additionally, you should check about the products/services that have high demand. Apart from this, check how well the company manages the orders. It is always a smart idea to choose a company that is self-manufacturer or self-service.

Analyze the services offered by the company
It is more than important to deeply analyze the present services of the company to know whether they give any value to the ‘post-services’ of the company. If the company has many happy customers, then you must go with the company. Moreover, you must consider the quality and the price tag to know whether the cost does full justice to the product! You should also look for the affiliate program that the company offers to earn some additional amount.

Income offered by the company
It is one of the most crucial aspects to check whether the company offers decent pay to you! The thing you must check includes the package to start with, commission from referral program, etc. Simply put, the commission offered must be good enough to compensate with your initial investments along with extra income opportunities through referral programs. In case, you are puzzled or do not know how to check this aspect, you can contact an MLM consultant in India for that.

Final Words
Hopefully! Now you know the things that will help you find the best MLM or network marketing company to earn some money. In case, you got stuck anywhere, just connect with an expert MLM consultant as they will assist and guide you for making an informed decision.

Read more: https://www.diarystore.com

3 Mistakes to Avoid While Starting an MLM Business

Multi-Level Marketing or MLM business is one of the rapidly growing forms of business both in developed and developing nations with a huge potential for low-profile investors. It means your pockets need not be filled with money to begin your journey in this field. However, in this blind chase, some people forget that this type of business needs proper planning and perfect execution. As a result, they fail to sustain their business for long and collapse drastically. Even though you can connect with a professional MLM legal consultant in India to know everything about the field, this post will help you understand certain points i.e. mistakes that can stop you from realizing your dreams. 

So, let us get started! 

Starting the business with wrong or unreal expectations

Some people or people new to this industry consider it a magic wand. For them, it is the easiest yet fastest way to make money without putting a lot of effort and time into it. Let us clarify one thing – this is a common myth among people associated with this industry and a ‘blunder’ committed by many ‘budding’ minds. MLM business needs a lot of hard work, a well-planned business plan, follow-ups, patience, and a relaxed mind to take further and necessary actions.

Not taking relationship building seriously

If you truly want to establish a successful MLM business, then you must take relationship building as a crucial aspect of this industry. You cannot simply avoid and ignore people when thinking to build a strong network to sell your products/services in the market. Hence, you must invest a significant amount of time in the meeting, connecting, collaborating, and communicating with different people through online as well as offline platforms.

Not using the right MLM software

Not counting on the power and usefulness of technology can be a huge mistake if you want to succeed in this industry. MLM software is something you must implement as they come with eminent features to empower your business, you, and your network affiliates/consultants. Therefore, it is imperative to employ the best and latest MLM software to support your business and cater to its diversified needs in such a digital epoch. You can also consult with your MLM legal consultant in India regarding the same. 

Summary

So, these are the mistakes that can restrict your path towards success. Hence, it is suggested to consult with an expert before starting your MLM business. It is because doing so will help you avoid the common yet huge mistakes to ease the further path.

6 Common Mistakes You Can Easily Avoid by Hiring an Experienced MLM Consultancy

Multi-level marketing or MLM is a popular term but occupied by a lot of misconceptions. One such misconception among people about this business is the compensation plans in the country and the whole world over which we all may encounter as direct selling or MLM consultancy. For instance, MLM compensation plans that are deployed by the companies.

In this post, we will shed some light on the common mistakes that can be avoided by hiring the services of a professional MLM consultant or consultancy in India. So, let us get started!

Mistake 1: I am a part of a direct selling company and I know everything.
Reality: Mostly, new MLM business owners are unaware of the infrastructure and resources needed to support the direct selling business. It is because of the narrow view that they have about the field and sales activities. This is one of the reasons why a huge number of start-ups shut down in the first 2-3 years.

Mistake 2: The MLM business looks to be quite successful in a short span.
Reality: You cannot deny the fact that some businesses may get lucky! However, it is good to keep the investment period at least 3-5 years and a minimum of 6-9 years to gain popularity and a strong homegrown field. You must understand that a good company culture that can drive business and profit to higher levels takes time. Your MLM consultants in India will also tell you the same.

Mistake 3: With ‘old school’ compensation and success plans you can earn a handsome amount.
Reality: Well! You need to take the acid test to check what looks good on the paper! It is a fact you must modify your plans after a regular interval or as per the market trends to cater to the diversified and evolving needs of the customers. If you think that your old plans can help you succeed, then you are wrong.

Mistake 4: My business is like a ‘ground floor opportunity’ that is far better than other existing MLM companies.
Reality: This is a ‘Misnomer’. With this approach, you can only grab the attention of ‘grass is greener’ butterflies that jump from one company to another and rarely achieve anything better. Instead, you must focus on your experience, expertise, business opportunities, qualities of your products, and so forth to attain your goals.

Final Words
These mistakes have caused as well as are continuing to cause huge damage to the MLM industry by creating unnecessary confusion among people. So, you should consult with a good MLM consultancy before moving ahead to leverage the benefits.

Useful Tips to Make Your Multi-Level Marketing Better

Even after being so popular, many people are scared or run away from multi-level marketing or MLM because of all the misunderstandings and myths about this concept. It is said that the MLM business is not destined to fail. Irrespective of the home business, success can come to you from doing the work.

For many valid reasons, people do not see MLM as a business option. To succeed in marketing, you should connect with a professional MLM consultant in India and start treating your venture as a business. Additionally, here are a few useful tips for you to improve the chances of success of your MLM business:

1. Re-acquaint yourself with the Realities of MLM

To keep the MLM scams at bay and stay safe from the ‘pyramid schemes’, it is important for you to arm yourself with the right knowledge. Make the best use of the internet to learn more about the direct selling industry and research about the popular MLM companies. You can also connect with a reliable MLM consultancy for the right guidance and assistance.

2. Work with a Company Whose Products You Love

Too many people get trapped in the hype of potential huge income from MLM businesses that they forget to pay attention to what the company is asking them to put up for sale. You cannot sell something if it does not appeal to you or you do not have pride in what you are selling. So, do as much research as possible to find a company that has products you can get excited about. Additionally, thoroughly check the compensation plan of the company you are planning to work with.

3. Be Ethical and Genuine

One of the reasons that direct selling businesses get a bad reputation in the market is that some representatives use hype and deception to lure new partners. This makes people believe that MLM companies themselves promote this kind of behavior to get business but in reality, they don’t! Reliable and legitimate companies want you to be clever and honest in all your dealings with the potential recruits and customers. So, while promoting your products ensures that you are not ‘over-the-top’ or making any false or exaggerated promises.

4. Do Not Forcefully Involve Your Family Members and Friends

Even though there is nothing wrong with telling your loved ones about the business and its offering but if they are not interested, then let them go! Some MLM companies may ask you to prepare a list of at least 50 or 100 people you know. However, it is a wrong approach to establish an MLM business. You must focus on your targeted audience to find better and more business opportunities. That means involving your family members and friends is not a good idea.

Closing Remarks

So, these are a few ways to ensure the success of your MLM business. Besides, you can connect with a reliable MLM consultant in India to find the appropriate solutions to all your queries and succeed in such a competitive market.

Source: https://www.bulbapp.com/