What Makes A Good Prospect

Whether you are in your first year network marketing or you are a seasoned MLM’er, you have to be able to sell your network marketing product if you want to succeed in business.  A common mistake that many network marketers make is believing that everyone wants or already uses something like their MLM product.  I don’t want to burst your bubble but that just isn’t true.  Not everyone wants your product.  I don’t care how great it is.

If I had a dollar for everytime a marketer told me “it practically sells itself”, I would be as rich as Oprah. 

Network marketing is just like every other business there is in at least one area – you have to make sales if you want to make mlm income.  I’m going to let you in on a little MLM secret – if you want to make mlm sales, you have to know what makes a good prospect.  Here’s why:

Knowing what a Good Prospect is will save you TIME and MONEY

The best way to know who will make a good prospect is to know who your target market is.  There are two key things to know to determine if someone is a good prospect for your network marketing product:

1.  Your prospect has a WANT or a NEED for your network marketing product.  You can have the best product in the world but if no one wants it or needs it, you won’t be making very many sales. 

For example, I was talking to this network marketing not too long ago that was looking for more information about how to make more MLM sales and they were in Enagic.  Enagic is in the business of filtering water.  The marketer that I was speaking to (the one that was looking for more information on how to make more MLM sales) tried to tell me that their business was about to take off because everyone drinks water and needs to filter it.  Obviously, this network marketing was notready to hear about my MLM training program.  My guess would be that this marketer hasn’t been with Enagic for very long and they don’t have very much experience in sales either.  If they did, they would know that not everyone cares about the water they drink, in fact, I know quite a few people that just don’t like to drink water at all.

I know, I know, it’s because they aren’t drinking the right kind of water.  If they tried the water after it’s had all the harmful chemicals filter out, they would definately want to drink more water.  Yeah, my husband also knows that he shouldn’t drink so much diet soda either but he does it anyway.  Which brings me to the second thing that a good prospect has:

2.  The prospect has to want a solution.  I’m sure that you know people that, for whatever reason, don’t see the answer to their problem even when it’s right there in front of them.  If your prospect has given up all hope of fixing their problem, then there isn’t anything that you can do for them.

Let’s say that your network marketing product is the water fitration system like what Enagic offers.  Everyone may NEED water but not everyone knows or even cares about all of the chemicals that can be found in ordinary tap water.  There are some that may care but found their solution in bottled water or in one of those simple little water filters.

If you have a network marketing product that you want to sell, go find people that have a WANT or a NEED for your product and (this is important) also WANT a solution.  It’s much easier to help someone that wants help than it is to try to force someone to look at a solution to a problem they don’t even know they have.

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You Only Need To Master 3 Things To Sell Your MLM Products

Even the top network marketing companies will tell you that you only need 3 things in order to be successful. You need; a big reason why, be teachable, and you need to have a little money. The amount will vary depending on which multilevel network marketing company you join. Frankly, working from home is considerably cheaper than getting started in a traditional business and it’s supposed to be easier too.  In fact, I have yet to see one multi level marketing business ask if you have any kind of sales experience before they take your money and hand you the keys to your network marketing program.

What I want to know is, why is it so easy to get started with any of the multi level marketing businesses available, yet their is a such a high failure rate in this industry.  Why do so many network marketers never make a dime working their home based business? If you are doing everything that your highly successful network marketing company leaders are teaching you, why aren’t you successful?

You know, I asked myself that same question. I did everything network marketing program taught me to do; the 3-way calls to my upline, expensive network marketing lead lists, hotel meetings, fliers and a whole list of other things that didn’t do anything to grow my business but did a lot to put me into debt.

My first year in network marketing, I took massive action but I couldn’t for the life of me figure out why I wasn’t making any money at this presumably easy business that anyone could do from home. I got rejected time and time again, no one joined my network marketing business, and I created enough credit card debt to keep me in the red for a very long time.

One day I got a call and this guy asked me a question. He asked, if I would like to know how to add 20-30 people a week into my business, would that be worth about 45 minutes of my time to find out how to get that done? I started to do the calculations in my head. At the time I would have been happy to learn how to ad one person a week into my home based business. So I said yes, please show me how to add 20-30 people a week into my business.

The result of that phone call was that I learned that there are 3 things that you have to master if you want to be able to sell your mlm products. They just weren’t the 3 things that my upline told me about. The 3 things that you must master are; the telephone, the written word,and the Internet.

You still have to have a big reason why.  If you don’t, you will quit whenever the things get a little tough and you still have to be teachable. In fact, I think that it’s important to never stop learning. As for the money, yes it takes money to make money but not nearly as much as you might think.
The real 3 things you must master to be able to grow your network marketing downline are the telephone, ad copy, and the Internet.  If you do, you will grow your business.  I guarantee it!

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8 Days To MLM Sales – Day 8, Putting It All Together

Well, you have finally made it to the last day of my “8 Days To MLM Sales” course and it’s time that we put everything together.

Here is what we have covered in this course:

If you missed a day or you need to revisit something, just click on one of the links above and you will be taken to that post straight away.

Now that you have all of the pieces to the MLM sales puzzle, let’s put them all together.  Here’s what you should do:

First, set up a schedule when you can get on the phone to call your targeted leads.  The ideal time to call your leads will be between 6-8pm in whatever time zone you are calling.  For a list of area codes by state and time zone go to: GreatData.com.  If you can’t dial during those times, then set your schedule for a time that works best for you.  Note: don’t dial before 8am or after 9pm in any given time zone.

Smile When You Dial

Smile When You Dial

Second, dial for 2 hours at a time.  The reason I say 2 hours is because the first 30 minutes to an hour, you will still be removing the cobwebs from your brain.  The longer you dial, the smoother you will be and the more effective you will be at getting people to a presentation.  However, I don’t want you to be on the phone for so long that you wear yourself out.  Take small breaks during your dialing time.

Third, keep track of your data.  Keep track of how many numbers you dial during an hour.  You should be able to dial 40-60 numbers in an hour.  If you are dialing less than 40, you are either not focused on what you are doing or you have the best lead list on the planet and everyone is picking up the phone.  I hope it’s the latter reason but it’s usually because you aren’t focused.  Also keep track of how many people you talk to and how many people you invite to your presentation.

Forth, make adjustments.  If you are talking to a lot of people on your lead list but no one is committing to going to your presentation, then we need to look at either the leads or the message.  If you feel that the leads are targeted for your product, then you may need to adjust your prospecting script.  The same goes for the closing side of things.  If you are getting prospects to your presentation but you aren’t able to close them, you may have to make adjustments with either your presentation or your closing script.

Fifth, keep at it.  Don’t quit just because you dialed the phone a hundred times and no one answered the phone.  Invite at least 100 targeted prospects to your presentation and then look at your numbers.  How much did you spend for your leads, phone service, etc to get those prospects to a presentation and how much money did you make in MLM sales?  Are you in profit?

Using The Telephone To Make MLM Sales

j023630011Here’s what you can expect by using the telephone to make MLM sales for your home based business.   You will want things to happen quickly, they won’t.  You will want everyone you send to a presentation to buy your MLM product or service, they won’t.  You will want to change your prospecting script often, you shouldn’t.  You will want to change your presentation often, you shouldn’t.  Don’t make any changes until you have sufficient data that tells you that you should.

Network Marketing Is A Numbers Game

You have to make the numbers work in your favor.  Check out my blog post on hitting your numbers for more on the subject.  Get on the phone and find out what your numbers are.  Once you know your numbers, you can make changes, track your new data and see if your changes improved your numbers.  Don’t make changes blindly.

Well that’s it.  I hope you have enjoyed this mini course.  I know that if you use it, you will make MLM sales.  If you have any questions, or just need a sounding board feel free to leave a comment, email me, or even call me.  I am here to help.  Until next time, have a great MLM day!

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