Post Product Launch
Successful product launch does not end with merely introducing the new product in the market and then forgetting about it. Some organizations tend to adopt a casual attitude once their product is in the market and trust me; this is one of the biggest blunders to commit. Post product launch is often the most underestimated […]
Practicing Socially Responsible Practices Internally
In previous articles, we have seen how companies need to adopt CSR as a business need and imperative. The role of media and advocacy groups was discussed as well. In this article, we turn to a crucial but often neglected aspect of a company’s social responsibility i.e. the need to be socially conscious with its […]
Importance of Sales Training for Success in Consultative Sales Process
Being a Sales or Marketing man is one thing and becoming a Sales Manager and managing a sales team is a totally different game. At one point or the other in your career, you will move up the hierarchy and become a sales manager. As a Sales and Marketing manager you will make direct sales […]
What is a Market – Definition and Different types of Markets
A set up where two or more parties engage in exchange of goods, services and information is called a market. Ideally a market is a place where two or more parties are involved in buying and selling. The two parties involved in a transaction are called seller and buyer. The seller sells goods and services […]
Live for Your Customer
Take the case of any organization that is considered to be a global leader or a product leader and you will find that the recipe for success lies in the customer centered culture and approach that has been built up in the Company. The customer orientation is not limited to customer service or the front […]
Who doesn’t like the thought of having a few extra bucks on hand ?. Most of us try to think of alternative methods besides our jobs and profession to earn some extra money in order to be able to realize our long cherished goals and wishes. This happens to most of us. While some who have an eye for numbers tend to gravitate towards stock markets, many think of taking up a second job and work more number of hours. Then there are those who take up MLM activity and concentrate on building a network based on their family, friends, contacts, colleagues and others.
Though there are several options that one can consider as additional or alternate employment, it is important to give each of the business ideas a thorough thought to see if it suits you in all respects and if you will be able to be successful in the same. After all everybody will not be suited to all types of business or sales and vice-e-versa.
It is quite likely that you will be invited to a meeting or one of your friends or acquaintances will drop in with an appointment to meet you and talk about the MLM opportunity.
A look at the marketing plan, selling concepts and the income generating scheme will leave you overwhelmed with so many questions. You will naturally wonder if MLM really works and if there is so much of money to be made as shown in the plan. You will wonder about the product and build up so many questions in your mind. You will also wonder if you can really make this work and last but not the least you will wonder as to what your friends and colleagues will think of you. At this point you are likely to be under slight pressure to sign up as a distributor as your sponsor would be following up with you. You are now required to take a decision. But then how do you go about making up your mind as to whether you want to start with MLM or not?.
If the above sounds familiar, there is no need to panic. Always remember that the opportunity to join the MLM network will always be available and there is no need for you to jump at it before being prepared and ready for it. If you do happen to take it up and find that you aren’t equipped to take it ahead, no issues. You will not lose anything because the business opportunity doesn’t cost you any investment.
The first point of consideration of joining an MLM network has got to be YOU. You will need to sit down and think through the entire proposal to see how you are best suited to take this up. Does it go along with your long term objectives that you have for yourself?. Do you have that kind of time and energy to focus on recruiting and building distributer networks consistently over a period of time?. Are you willing to make sacrifice of your time with your family, social activities as well as your personal time to invest into this business?. What about selling skills? Do you have good communication skills and do you like approaching known and unknown people and talking about MLM business network with them?. All these questions would have to be answered by you alone.
As the saying goes, No Pain No Gain. Therefore MLM can be a great opportunity for you to build an alternate income generation stream provided you have the energy, focus, skill set and attitude to work on this concept for a long period. It calls for balancing your life, your priorities and responsibilities along with having to take up and begin a new and additional career with MLM selling.
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Finding and Keeping Customers in Multi Level Marketing (MLM)
February 12, 2025
