Finding and Keeping Customers in Multi Level Marketing (MLM)
February 12, 2025
For a developing business it is very important to understand who are the best customers, how to find more customers like these and where to find. Customer profiling is the best strategy to accomplish this. It helps to find valuable new customers, enhance the profitability by retaining existing customers and also identify low valued customers […]
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Whenever one talks of E marketing strategy or plan, they normally include online selling, online promotions and advertising. However this could be a very narrow view or definition as applied to E marketing. Planning for Customer Relationship Management is as important as paying attention to online selling efforts. Let us look at understanding some of […]
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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