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Saturday, May 11, 2013

COMMON MISTAKES IN NETWORK MARKETING

Nowadays and everywhere you can see so many advertisement about Network Marketing Business.
Online and offline there are a lot of people offering this type of marketing method.

Internet has revolutionized network marketing and has exploded its potentialities. No doubt this is the need of the hour for millions of people who are desperately looking for solutions to their financial problems. There a lot of people seeking for another source of income aside from their regular work.

INTERNET AND NETWORK MARKETING

If you are still in doubt if this is really working, you are at a lost of new opportunities that this has offer. The reason why people are so skeptical is that this is an online business that no one can take control of because its hard to reach out for the people responsible for the business. There are many fraud and scams that lingers around the internet that is why people are so careful about doing business online. Nevertheless, we cannot also deny the fact that there are honest and real internet and network marketing business that can be found online. If you have come across the network business, why are there still so many unsuccessful people doing this type of business while others are gaining so much from doing the business. What is wrong?

What are the common mistakes in network marketing?

There are some points that i would like to share with you the most common mistakes in network marketing, both online and offline.

1. People who signed up for an affiliate program do not know how to pre-qualify their prospects.

As soon as we get ourselves signed up, we tend to jump ahead and rush to invite all the people around us with much enthusiasm. Telling them about the business we have discovered that will solve our problem. We start to dream about our dreamhouses and lifestyle that will change our living condition. All of sudden, we will realize that all the people we have invited were all negative or skeptical. They think that we are there only because we need their money and become rich for their money and therefore we get the worst kind of rejection! What was really wrong? That is the lack of understanding about the business and the wrong approach of pre-qualifying your prospects.

What does that mean? We forgot to pre-qualify our prospects

Pre-qualifying our prospects are qualifying and evalutaing the right person to invite. These are the points that we need to consider in pre-qualifying our prospects:

1a. SORTING

If you would buy any item in the store, the first thing you should do is to sort out things. Not all of the stuff the you see in a store are the good one. You usually sort out the item if there are damages or see the functionality if this is an electronic item. In short, you just dont pick up any item and pay, you pick the right ones and the good ones. That's how it is with your prospecting. Invite those who are also networkers and of the same interest.



2. The second mistake is the lack of skill and knowledge giving the right answer to common Multi-level Marketng objections.

3. The lack of knowledge and skills in closing a deal effectively.