After you have taking in all this wonderful knowledge and pressed the retweet button you will understand the MLM home business Industry better than ever before and be ready to get to the Top in your Home MLM Opportunity.
First a little back ground on the Home Base Business Arena.
MLM or the Home Based Business Arena has been around for over a hundred years. In those years over 48,000 companies have been started. Only 4800 remain today with a new MLM home business program starting nearly every day. Out of those 4800 only 9 have made it to the billion dollar mark.
MLM and “How It Works”
MLM’s structure is designed to create a marketing active sales force by compensating promoters of company products not only for sales they personally generate, but also for the sales of other promoters they introduce to the company, creating a downline of distributors and a hierarchy of multiple levels of compensation.
Products and companies would traditionally market directly to consumers and potential business partners by means of relationship referrals and word of mouth marketing. This way of marketing your MLM business is still very effective but in this day and age you can not forget the internet.
Some examples of traditional methods of marketing your MLM home business would be:
The 3 feet rule: This is where anyone that comes within 3 feet of you. You give the routine of some general questions to “FORM” them. “FORM” stand for Family. Occupation, Recreation, Motivation. By doing this you find out if they are interested or if they are in need of a home MLM business.
Hotel Meetings: This is where a successful person within your upline or company will do a basic overview of the home business opportunity and the product or service.
Conference Calls: A Conference is the same as a Hotel Meeting but instead of inviting individuals to a hotel you simply ask them to “get on a conference call” from home.
Now these ways of marketing your MLM home business are great and do produce results. But for the majority of home business owners these methods don’t work.
Not because they didn’t try hard enough. Not because they weren’t dedicating time for their home business. It’s simply because it’s not in their personality type.
It’s a fact.
There are four main personality types. 2 out of the 4 just won’t do it. No matter what you say they just won’t try it.
Let’s look at the 2 that will. One of the personality types could do it but only if you babied their every move and held their hand reassuring them of every move the whole way through.
The other personality type will do it with or without you there. This is the motivated personality type with set goals that they will not stop striving for until they are achieved.
What personality type are YOU?
Ok so we spoke a little bit about the history and functionality of the Home MLM Business and some traditional methods of marketing. But now let’s talk about the future of MLM and business in general
Being able to have your MLM Home Business run online using self branding sales systems that are working 24 hours a day all over the globe is a powerful, powerful thing.
Utilizing video marketing and auto responders allows you to strike up and maintain relationship’s all over the world on auto-pilot.
I like to break it down to it’s simplest form.
When I was only marketing offline and using traditional methods I could show my home business plan to maybe 15 people in one day.( And that’s working very hard. )
Online I can show my plan to 100 people in 15 different countries simultaneously in the time it takes to sit down and do a single 1 on 1 presentation.
The value and leverage of the Internet speaks for itself.
With almost 1 million people coming online each week to seek information on a home based business the internet is a Gold mine.
But remember in a Gold rush there are always people making money and finding the gold and there are people that are going broke digging for gold.
So I’m saying the best way for you to get rich in this MLM gold rush is to keep looking for gold of course but at the same time sell the shovels and picks that everyone else needs to develop there business.