|
To MLM or Not to MLM?
by Lynn Harris
I was posed a question the other day about MLMs, why it leaves a bad taste in some peoples mouth, the term MLM even triggers spam filters. Some programs even advertise "This is not MLM" as though that is a plus for it. Is MLM really bad?
And it got me to thinking.....
To MLM or not to MLM? That is a very good question with a lot of opinions from many sides.....
Here is mine.
Yes there are many MLM companies that pushed big dreams and fell by the wayside leaving a bad taste in some peoples mouths. Where massive amounts were made by company and upline on the sales of..... not products, but MARKETING MATERIALS!
But can that not be said of other pay structures as well? And many people put thier hopes and dreams into a MLM company, only to see them squashed. But can that not be said of other pay structures as well?
And, true, there is attrition in the lower ranks of MLM structured companies, does this make MLM a bad marketing concept?
I must say very strongly NO!
If you look at any online program you will find a high attrition rate,
Why?
Sadly, probably about 90% of online marketers will "try" a program for a couple or few weeks, if they are not seeing big rewards, they move on to the next "hot program". So just by default you are going to have attrition. MLMers shouldn't let that discourage them, but it does. Many good marketers give up because so many of there downline drop out, leaving them feeling as though their hard work is for nothing. But it IS to be expected with any type of marketing system.
Is that a negative on MLM? Or is that just a reflection to how life really is? One of the natural laws of online marketing that you will encounter, and should expect, IF you actually market anything....
One thing a good MLM does do, IF you want to become successful, is promote TEAMWORK. Which teamwork is a good concept even if you aren't doing MLM. Many affiliate programs are "multi-tiered" systems. Never have figured out the true difference between multi-tiered and MLM..... But any one that is in your downline that you earn a commission on deserves your help and support! After all, the more successful THEY are the more successful YOU will be. A good MLM is structured to encourage this team building knowing that the company will benefit with a marketing force of strong teams supporting it.
A good marketer will be willing to help, even if the person they offer help to isn't in their downline, even if that person isn't in the company they are promoting!
In my opinion MLM is the best marketing system when it is coupled with a solid product or service, a good pay structure, and is backed by an honest and straightforward company. And though a "newbie" may not be as successful as someone with years of experience, if they are in an organization that "shares", they will get their training and will grow in knowledge as well as growing their business.
As with any business online or off, to become successful in MLM marketing will require dedication, work, perseverance, and being approachable and helpful. You will have up days and down days, as in any business. But in a good MLM structured team you should also have a team full of support above and below you to celebrate the good with and get support through the bad. It is a people business!
Lynn Harris began online marketing in 1998 after wading through the hype for a year. He is now editor/webmaster of HotBizTips.com. A site and newsletter aimed at helping the new to intermediate online marketer. http://HoBizTips.com © 2005 Lynn Harris
Home
Business and Affiliate Articles... Online MLM Business Is Booming!
The time to start an online MLM business has never been better. With more and more people and businesses going online, a significant number of business owners are looking to the Internet as the source...
A Professional Image for Your Home Based Business
In business, a professional image is everything. No matter how much we would like to believe that your competence or ability should matter more, many people still hold a prejudiced ideology that you are...
Cheap MLM Leads
When you are looking for cheap MLM leads, there are a lot of companies out there promising you a large number of leads for a minimal amount of money. However, more leads does not always equal more sales....
Home Based Business: Your Ultimate Tax Shelter
Home Based Business: Your Ultimate Tax Shelterby J. Stephen Pope Starting and operating your own home based business isthe ultimate tax shelter.Although this article has been written from a Canadianincome...
Attracting
Success We all wish to be successful and yet somehow we seem to be
missing the target. In this article we will show you how to become more
successful in all your endeavors.
9 Questions You Should Ask
Before You Affiliate With Anybody Becoming an affiliate with an
established company is an excellent way for a new Internet entrepreneur to
learn about online business and build an income for his own business. But do
not join just any company.
More Home
Business and Affiliate Articles
After you've joined
this SFI
Affiliate program, I will show you how to put your online business into
high gear with a powerful turn-key
marketing
website that includes a professionally written autoresponder system to
follow up with your prospects and step-by-step instructions for creating
multiple streams of income for you. If you're already an SFI Affiliate and are
looking for an online strategy to automate your marketing...
click here. |