Tag Archives: make money from home

Why Quality of your Product & Price Matters when it comes to Network Marketing

You know I have been around the network marketing industry since I joined my first company Pre-Paid Legal back in 2000.  I have seen some great products and services being sold by word of mouth marketing.  Who can argue that Amway, Avon, Legal Shield (formerly pre-paid legal), or Shaklee are not great companies with great products or services?  I’ve personally used products over the years where I never even became a distributor and was just a customer Juice Plus, Send Out Cards, and Nerium to name a few.

What I love about network marketing is it allows people to purchase products that in most cases are better quality than what they would get on the shelf in a store.  Mainly because of the distribution model being word of mouth the companies typically pay out around 50% of all income to their distributors instead of advertising agencies, wholesalers, resellers, and so on.  It also allows individuals with no experience or limited experience in business to create additional income with a very small investment.  But this is where it starts to unravel in certain companies and why if you are going to join a company you need to pay close attention.  Because not every company out there is competing with products on the shelf.  Some are just built on getting people to buy in with a $500, $1000 or even $3000 or more to get started as a distributor.  Many companies even reward people more commissions if they come in at a higher level – that is the only way they can keep the deal going because they know their products wouldn’t stand on their 2 feet without big purchased from their distributors.  In fact, I’m shocked that after what happened with Veema (being shut down by the FTC) and all of Herbalife’s problems that I still see this going on the industry.  I see it all the time.  I think a few more companies get shut down in the near future and that will put an end to the companies that front load or make distributors have to pay more money monthly to qualify for more commission.  A shift is taking place in the industry, I think for the better.

You see, for a company to be successful in the long-term it cannot be built entirely by just recruiting people who are going to join the business.  It must have products and services available to the general public that people would buy without a business opportunity attached to it.  And this is where it gets tricky.  Because as a network marketing begins the word of mouth is usually spread by distributors recruiting distributors.  After awhile if the products are good and priced right many distributors who originally got into the business will just become loyal customers and the word of mouth will travel and over time there will be many customers and that is where you want to be.  In fact, if you just build a business model on recruiting distributors and have no customer base your business and company is doomed over a period of time – it fall apart like a deck of cards.

So, this blog isn’t just for people who are looking at making some extra money promoting some products or services that they believe in.  This is also for the company owners of network marketing companies to see that they don’t just need to bring in more distributors but to create better products that are competitively priced to compete with products that are on the shelf.

Why is price important?  If you put a product in the marketplace that isn’t priced accordingly then – it better make a person fly, because if people see they can buy a similar product that’s just as good elsewhere for a lesser price – you’re going to lose a customer. It’s as simple as that.  And I still believe today that most products that I see in the network marketing companies that I have come across recently are overpriced.  I think alot of network marketing companies have this attitude that their products are superior to others so people should pay more money for them.  That may be true, in some cases, but most products I see are not superior and if they are they are in the minority and they are companies that have been around for awhile and have built up a good customer base.

So if you decide you want to join a network marketing company before you begin marketing do some homework on the products to see if they are priced accordingly, good quality, and something you would personally buy whether or not you joined the business.  Keep in mind in network marketing you are building a business for you and your family that could potentially pay you residual income for years.  Don’t make the same mistake I have made in the past and join a company just because you can make money quickly – that usually doesn’t last.  Ask yourself, if this company will still be around in 3 to 5 years?  Is this a business that I could my mom or relatives in and sleep straight at night.  If the answer to the above is YES, than you may have found your company.

If you are looking for a company that has better products, is priced right and can potentially add an additional $100, $500, or even $5000 or more per month to your families budget than definitely read the article below.

Click here to read more about how you can change your financial future and make a difference.

How to do a 3 Way Call for Network Marketing

If you are involved in network marketing or thinking about it.  One of the best ways to build your business is by putting your prospects on a 3 way call with a leader in your organization.  In fact, I suggest that you have at least 3 or 4 leaders in your organization in your phone on auto dial, so you can plug into these folks when you need them.  If you’re new to network marketing you will want to practice using the feature on your phone.  You can google, how to do a 3 way call on your phone.  It’s pretty easy to do.

When is the best time to use a 3 way call

You should use a 3-way call after your prospect has seen a presentation either live or online and this tool should be used for 2 reasons, one is to get all of your prospects questions answered and to enroll your prospects into the business.  There will be those times where someone will just watch a presentation and will sign up for your business without a 3 way call, but in most cases, many will have questions before joining your business.  That is when you need to put them on the phone with your leader.  Don’t say too much at this point except, something like “That’s a great question, I’ve got my business partner on the other line and he has a lot more experience than I am.  Let me see if he is available.”  Then you simply dial up your leader and see if they are available.  If they are not available, call another leader until you find someone who is.  This is where you will use edification after you get your leader on the phone, “This is Bob, he has been with our company for 5 years and is having lots of success with it”.  After you introduce your leader, you don’t say anything, put your phone on mute and let them do most of the talking.

Why don’t I want to explain my business

The reason you don’t want to vomit information on your prospects is because you want a couple of things to happen.  You want them to say to themselves that I can do that and see  that they will not be alone in building their business.  A good leader won’t even vomit with information on your prospects unless they have watched a presentation.  You don’t want to probably even mention the company until they have agreed to watch a presentation unless they pressure you to tell them.  Keep it short and sweet and get them to a presentation and then use the 3 way call and you will find yourself succeeding much more in your business versus going after it alone.  Sometimes your leader will even enroll your people for you, but I think its best to use them as much as you can and not become too dependent on them.  Even when you get the business down to where you can walk and talk it, remember to always take your people to another leader for a 3 way.  Never over explain in this business or you will talk yourself out of sponsoring your next would be superstar.

What is the Best MLM Marketing System

What is the best MLM Marketing System?  Since I entered The MLM/Network Marketing world online back in 2008, I have always been in search of good marketing systems.  I’ve used company provided systems (that usually cost a fee).  I’ve used free marketing systems by 3rd parties, and costly systems by 3rd parties.  What I have found is that most have a few negatives – the free ones don’t have a good follow up program that allows you to make phone calls and schedule follow-ups with your prospects.  The company provided systems are tailored only towards your company and allow for very little customization – no tweaking emails, videos, etc.  Most company provided systems don’t allow you to make money promoting them to your downline.  The company provided ones will be good for your friends or family members, but won’t allow you to generate leads on your own.

“The Fortune is in the follow-up” Every Successful Network Marketer Ever

Here is what you want to look for when using and an outside marketing system.

  • Capture Pages (non-company specific is best I think for curiosity sake)
  • Pre-Made and customizable pages (availability is good)
  • Customer relation manager (must be able to follow up, make notes, and schedule follow up calls.
  • An email autoresponder.  (You need to have a way to follow up with people when you can’t reach them by phone.  Great for list building too.)
  • An email broadcast feature (ability to send email broadcast to all your prospects at one time)
  • A way to earn commission (affiliate commissions).  Get your system for free or get paid to share with others.  Many may not join your company as they may already be with a company, but a 3rd party tool can always make a difference.

Which system have I found with all of the following above?  The company is called Prosperity Central and they have been around for about the last 6 or 7 years.  Everything is already set up for the novice and customizable for the pro.  If you have lots of leads to follow up with they have a software called Phoneburner that is built into their program which allows you to make calls up to 4 times faster than dialing manually.  I find it very helpful when I do big campaigns that generate a 100 or more leads a day and I need to follow up by phone.  In terms of price?  You can get started for as little as a $1 per day with all the bells and whistles ($25 per month) and if you refer 3 its free.  I’ve had my system for over 6 years and it’s never costed me a penny as my affiliates pay my monthly membership fee.  If you’d like to test drive it for free you can do that by clicking here.  I’ve also put together a short video below that shows you how it works.

 

How to Overcome Objections & Follow Up for Network Marketing

If you’re involved in network marketing or direct sales and plan on being successful with it, you are going to have to get on the phone and make phone calls.  I’ve never seen anyone or had much success myself in network marketing without following up on my leads.  In my latest video, I go over how to do this effectively and why objections are really no big deal (how to overcome them easily).  I also cover the psychology of the buyers (your prospects) you will be dealing with and how to set appointments (follow-up).

How To Overcome Objections for Network Marketing

If you find that you just simply need to improve your skill-set feel free to reach out to me for some one on one coaching at john@johnlowery.biz

Getting More Leads for your Network Marketing Business With Global Moneyline

I recently came across an online tool that is supposedly helping people get more leads and make money to support their home based business.  Let’s face it one of the most challenging things we all face when doing network marketing is having plenty of people to talk to.  In a perfect world, we would post a blog or a video and our phones would ring off the hook with prospects begging to join our business and all we would have to say is, “Visa, Mastercard, American Express, or Discover.”

Unfortunately, if you’ve been involved in network marketing for any length of time you know it can take a little more convincing than that.  I’ve personally purchased leads, bought google ads, solo ads, called friends and family, and still regularly buy Facebook Ads and am always on the lookout for new tools that can help me and my team members attract more people to my business.

With that being said, I recently found something that will help you build a list of people you can email to in just a few days for next to nothing.  In fact, you can sign up for free to test drive it and even use the service without ever spending a dime if you choose.  If you are serious about building a network marketing business and want to get more leads and build a large list fast, I recommend you at least take a peak at Global Moneyline.  I took it for a test drive 3 days ago after learning that some of my team members were getting sign-ups into our network marketing business from it.  In just 36 hours I’ve already got over 2000 people in my network that I can email or advertise my opportunity to.  It could take weeks or even months to build a list of 2000 or more.  I will add that nothing beats having your own email list, but while you are building your list – this could be a great alternative to building your list.

To learn more about Moneyline and how it can help you get more leads and distributors for your network marketing business click here.  I think you’ll be happy with at least taking a look at it.

Valentus Review

Valentus Review

A few years ago I came across a start-up company within the direct selling industry called Valentus.  They appeared to be selling healthy beverages online or through word of mouth marketing and they had a very interesting product that caught my attention “Slim Roast” Weight Loss Coffee.  I had seen another company called Javita marketing the same thing years ago, but was intrigued enough to try the product.  Not that I needed to lose weight, but a friend had offered to send me a free sample and I thought – why not.  As a marketer who’s been a part of the health & wellness industry for many years I’ve always been fascinated with the different products that companies come out with.  I guess the ones that really grab my attention are the ones that people would understand without a long science report with a cherry on top.  Heck, 70% of all people drink coffee on a daily basis and many people I know over 30 are trying to lose weight.  This was like Jenny Craig meets Starbucks – I was intrigued to say the least.

I didn’t join Valentus after that first sample, not because I didn’t like the taste, but because I didn’t want to put my time and energy into a start-up company knowing that most fail within the first few years (been there done that).

Fast forward a few years later (7 months ago).  The same friend who shared Valentus with me a few years prior contacted me again.  My first thought was wow – they are still in business.  My second thought was I might have to do some due-diligence on this company and find out what they are all about.  Below I made a list of what I found out and why you may want to consider Valentus if you are looking for a product/service to market for a home based business or another way to create income or wealth in your spare-time.

My Top 10 Reasons for Why Valentus is a Great Company for Network Marketing.

  1. 3 years old and debt free (past the point of collapse and entering momentum).
  2.  Went from 10 million in gross sales in 2015 to 30 million in 2016.
  3.  Consumable products that most people already consume (coffee & energy drinks).
  4.  Company owner who has been a distributor in the past (very important).
  5.  International opportunity (available in over 100 countries).
  6.  Plans to expand internationally
  7.  Outstanding training provided by leaders who have earned millions within the industry. (many already earning 6 & 7 figures or more annually).
  8.  Exceptional compensation plan that pays weekly & monthly.
  9.  Free Online Marketing System for everyone (most companies charge a fee for that).
  10.  Free Training (The team that I joined has free training on how to become a marketing pro).  The company also provides daily and weekly training.

Well there are my top reasons for why Valentus is one of the best opportunities within the network marketing – direct selling industry today.  If you’d like to get more information on Valentus please visit Valentus today and check it out for yourself.