We're starting to see a belief among some online entrepreneurs that MLM opportunities are dead.
The attractive lure of MLM, residual income, is no longer a reality. People are leaving MLM downlines right and left, seeking newer and more profitable opportunities.
Is any of this true? Consider a couple of the basic beliefs here.
- the pursuit of "bigger and better" MLM opportunities is a growing trend that won't stop
- continuous recruiting will become more necessary in order to keep the numbers up
What's going on here? Modern technologies have changed the face of recruiting for our MLM opportunities, and the odds of maintaining these recruits after they sign up.
Consider how MLM businesses were built before the Internet. You had small local groups. Information was presented at meetings near your home, and if you signed up you would often know other people in the business personally.
In that day, something of a culture was created and it was easier to stay focused. There wasn't a steady stream of new MLM opportunities at your fingertips all the time.
In MLM today, distributors are exposed to more new opportunities and greater temptation to switch to something else than ever before. It must be considered and dealt with.
Here are two things to help you start building loyalty in your downline:
- stay in touch with your downline and get to know them - build the relationship
- help them make money fast
What would you think is the top reason people leave one business to join another? It's often frustration from not making enough money. If a person gets started fast and makes some decent income in the first couple of months, they are more likely to stick and not jump ship.
Here is something that will help you maintain loyalty in your group. Help new people make money quickly. Most MLM opportunities offer "fast start" incentives that let you make some good money from the beginning. Show your new recruits how to make these bonuses and get off to a good start, and you'll definitely increase loyalty on your team.
The attractive lure of MLM, residual income, is no longer a reality. People are leaving MLM downlines right and left, seeking newer and more profitable opportunities.
Is any of this true? Consider a couple of the basic beliefs here.
- the pursuit of "bigger and better" MLM opportunities is a growing trend that won't stop
- continuous recruiting will become more necessary in order to keep the numbers up
What's going on here? Modern technologies have changed the face of recruiting for our MLM opportunities, and the odds of maintaining these recruits after they sign up.
Consider how MLM businesses were built before the Internet. You had small local groups. Information was presented at meetings near your home, and if you signed up you would often know other people in the business personally.
In that day, something of a culture was created and it was easier to stay focused. There wasn't a steady stream of new MLM opportunities at your fingertips all the time.
In MLM today, distributors are exposed to more new opportunities and greater temptation to switch to something else than ever before. It must be considered and dealt with.
Here are two things to help you start building loyalty in your downline:
- stay in touch with your downline and get to know them - build the relationship
- help them make money fast
What would you think is the top reason people leave one business to join another? It's often frustration from not making enough money. If a person gets started fast and makes some decent income in the first couple of months, they are more likely to stick and not jump ship.
Here is something that will help you maintain loyalty in your group. Help new people make money quickly. Most MLM opportunities offer "fast start" incentives that let you make some good money from the beginning. Show your new recruits how to make these bonuses and get off to a good start, and you'll definitely increase loyalty on your team.
About the Author:
What are the real methods for developing true residual income with MLM opportunities? Discover the ways a network marketing business can help you earn a serious income working from your home, even if you can only start out part time.
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