19 Common Questions & Answers |
1.
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Can Network Marketing be done successfully part-time? | ANSWER |
2.
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Do I have to sell products door-to-door or hold parties or meetings? | ANSWER |
3.
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Isn't Network Marketing one of those pyramid schemes? | ANSWER |
4.
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I'm not a salesperson, so this probably isn't for me. | ANSWER |
5.
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How much money can I make? | ANSWER |
6.
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Do I have to sponsor a lot of people to be successful? | ANSWER |
7.
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What's so important about sponsoring in this business anyway? | ANSWER |
8.
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Do I have to stock and deliver products? | ANSWER |
9.
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Isn't Network Marketing just another "get-rich-quick" scheme? | ANSWER |
10.
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I couldn't get involved in Network Marketing. It's not a "real" business. | ANSWER |
11.
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If Network Marketing is so great, why aren't more people involved? | ANSWER |
12.
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What are the costs involved in starting and operating this kind of business? | ANSWER |
13.
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What if I can't afford to buy extra products. | ANSWER |
14.
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I've tried Network Marketing before and it didn't work for me. | ANSWER |
15.
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I don't have the cash right now to get involved in Network Marketing. | ANSWER |
16.
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I can see how others have become successful, but I don't think I could do it. | ANSWER |
17.
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If I would happen to be sponsored by someone half way across the country, how do I get questions answered? And what about training? | ANSWER |
18.
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I just don't have the time to start a Network Marketing business. I've got too many irons in the fire already. | ANSWER |
19.
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Don't you have to get in at the beginning to make any real money? Doesn't saturation eventually occur? | ANSWER |
A. Absolutely....it's very common in fact. You can start your
Network Marketing business on a part-time basis without giving up your
current source of income until your Network Marketing business is generating
the income you require. And the best part is that you can continue to operate
indefinitely on a part-time basis. What would you do if you were financially
independent and most of your time was free to do with as you pleased? This
is why so many people are flocking to Network Marketing. And that's why
we say that Network Marketing puts the freedom back in free enterprise!
Understand that you must also be realistic. If your goal is to
earn $10, 000 a month in 9 months you are going to need
to put in the time and effort !
A. No. One of the greatest features of Network Marketing is that
success can be achieved using a wide variety of methods. You choose the
methods that YOU are comfortable with--whether that means direct mail,
distributing catalogs, telemarketing, meetings, one-on-one, in-home parties,
via fundraisers, commercial accounts, and so on.
Each company teaches something slightly different and some companies
have products so unique you can actually loan them to people for a few
days and they will actual feel the results and benefits for themselves!
The Better companies have internet on-line catalogs and ordering for
customers and distributors.
You need to be very excited about your product and when others get
to actually benefit themselves
they will want the product and possibly the business as well!
A. Definitely not. Though Network Marketing and pyramid schemes
do share some similarities, there's a very important difference that makes
the latter illegal. You see, in pyramid schemes, income is generated solely
on the process of recruiting others into the pyramid. Sometimes a product
or service of questionable value is involved (that is never retailed to
the general public by the way), but generally what you're buying is the
right to recruit others into the scheme. This is illegal. Also, in pyramid
schemes, those who get in first and who are at the top win, while everybody
else loses. In a legitimate Network Marketing company, on the other hand,
distributors are paid only on product movement--not on recruiting. Both
at wholesale and retail. There's also compensation based on the training
and managing of your marketing team. And unlike illegal pyramids, in Network
Marketing, no matter where you're positioned or when you join, you can
advance to the very highest income levels and even make more money than
those above you in the network.
A. Actually, studies have shown that people with no sales experience
do great in Network Marketing. In fact, the studies show that they often
do better than those with previous sales experience. This is because Network
Marketing isn't about selling--at least not in the way most people think
of selling. There's no place for arm twisting or high-pressure techniques
in Network Marketing. Rather, Network Marketing is simply about sharing
the concepts and products of your Network Marketing company that you use
and you're excited about. If you lend someone a product to try or you give
them a no obligation situation
if they are not impressed , no problem, they were happy you thought
of them, if the products work well for them, it's a
no brainer!
A. The bottom line is you'll get out of it what you put into
it. It works...if you do. But that's the beauty of it, too; you are in
control--it's up to you how far you take it. And don't forget, the income
you create in Network Marketing is residual. This basically means that
for the work you do just today, you have the potential to earn money not
only for today but for years to come.
A. No, if you can sponsor just one person every month or two,
you can do great in Network Marketing.
In General, the more you get the word out about your products and business
the faster you will reach what you want.
A. It's like this: it doesn't matter how intelligent, rich, energetic, or dynamic you are--we are all limited to the same 24 hours a day. By sponsoring, however, you can overcome this limitation. By sponsoring, you can virtually clone yourself and have dozens, hundreds, even thousands of people all working indirectly on your behalf on their time--and receive a cut of everything they do.
Sponsoring also builds your security in this business. Why? In most traditional businesses, what happens if you become ill or disabled and are unable to service your customers? Or perhaps you just want to take a nice long vacation? Whatever the case, you could lose most if not all of your income overnight because it relies on you being there. That's not owning your own life and that's certainly not financial freedom.
Through the process of sponsoring and building a downline in Network
Marketing, however, you can create total financial freedom for yourself.
With a downline of independent business people working for you, you no
longer have all your eggs in one basket. On the contrary, because each
person in your downline has a vested interest in continuing and building
their own businesses, you create an income that is non-dependent upon you--an
income that can continue, even grow, indefinitely with or WITHOUT you.
A. All GOOD Network Marketing companies today allow its distributors
(and often even retail customers) to order direct from the company. The
company simultaneously tracks your commissions, credits your account, and
automatically sends you a check for the total amount due.Good companies
will even let you do orders, track your business and volume,
and even let your customers order over the internet! Better companies
will have this set up for you and your retail sales
profits from the internet are sent to you by the company.
A. No, "get-rich-quick" is a fairy tale. It just doesn't happen
in the real world. Sure, there are a few exceptions, but they're extremely
rare. In fact, if overnight riches is your dream, your odds are probably
better playing your state lottery than doing it in business, any
business.
A. It's very real. Network Marketing is now a multi-billion dollar
industry involving millions of independent business people and major U.S.
corporations like Colgate-Palmolive, Gillette, Sprint, and MCI, just to
name a few. And it's a rapidly-growing international force, too, with thousands
of Network Marketing companies already in operation in Canada, Mexico,
Europe, Japan, Australia, New Zealand, and the Pacific Basin.
A. That can be summed up in one word: misconceptions. The general
public just doesn't understand what Network Marketing is or its potential.
But that's finally starting to change. Right now it's estimated that only
about 2% of the U.S. population is involved in Network Marketing. But industry
experts predict that that number could climb to 10% by the end of this
decade. You can position yourself to take advantage of this trend by getting
started in Network Marketing now. The timing is great for getting involved!
A. Virtually all Network Marketing companies require you to first
purchase some kind of "Starter Kit."
This is a one-time cost, and is usually less than $100. You will also
need to buy products for your self.
There is no way anyone can sell or believe in a product if they do
not use it and love it themselves. At least ethically.
You may also need product to loan out if you are in this type of company.
You should NEVER need to over buy or stock pile product in your home. Buy
only what you will use for yourself and family and to demo if needed.
In addition, of course, you'll have monthly expenses for office supplies,
telephone , internet, postage, advertising, etc. A total of $100-$350 dollars
per month is probably a realistic expenditure to expect depending on how
they run their business. Anyone can afford this amount of money without
jeopardizing their current lifestyle while they're trying to build a better
one. And here's some more good news--most, if not all of that, is tax deductible.There
is no other traditional business that is this inexpensive to run. AND no
other business that has the potential that a Network marketing business
does.
A. You're not supposed to. Network Marketing companies just want
you to replace those products you now buy elsewhere with the equivalent-but-higher-quality
products your Network Marketing company manufactures. By doing so, you'll
likely save money since you now get to buy at wholesale. Plus, it only
makes sense to buy from yourself--to buy from "your own store."
A. Let's say you've just moved into a new city and you decided
to go out to eat that evening. Unfortunately, the food at the restaurant
you picked turned out to be horrible. But just because of this one bad
experience, you surely wouldn't swear off eating at all the other restaurants
in the city, would you? Of course not! Network Marketing is no different.
There are fair Network Marketing companies, great Network Marketing companies,
and, yes, even some bad Network Marketing companies. But Network Marketing
works! You just need to link up with the right company.
A. Get it! If a brand new $260,000 Home were offered to you for
$5000, would you find the money somehow to buy it?
If you needed $8,000 for surgery to save your life would you find it?
Go and get the money because your own Network Marketing business could
be worth a lot more than that Home.
For some people Network Marketing and some of the products do literally
save peoples lives!
Bottom line is what you want and what you place value you on.
A. People of every age, every background, from every walk of
life are making it in Network Marketing today.
If you do not think you will be successful you won't be! Success in
Network Marketing is based on one thing.
DESIRE.
If you have the desire, you can succeed in Network Marketing.
A. Free consultation and assistance from your sponsor, other
upline associates (and often the corporate staff of your Network Marketing
company) is a phone call away. Faxes, E-Mail, Voice Mail, and other new
technologies also provide fast and efficient communications between upline
and downline...no matter where they're located. As for long-distance training,
this is easily handled through video training tapes, audio tape seminars,
books, online computer and telephone conferences, etc.
In fact, people that are sponsored and learn to do Network Marketing
long distance are now often the most success
people in the business. Looking for a sponsor that has experience
with internet and long distance sponsoring is
often a wise business decision.
A. That's precisely why you should consider Network Marketing.
Besides creating financial freedom, Network Marketing is specifically designed
to create personal freedom for you so that you can do all the things in
life you really want to do that you don't have the time for now.Everyone
is trading their life for something. Usually they are trading time for
money.
You can always earn money but you can never replace time. How much
is your time worth to you and what are you willing to trade your life for?
Frankly, you may find you can not afford to NOT find the time to to do
network Marketing.
A. That's another big misconception that's been perpetuated by the media for years. The fact is, there has never been any evidence produced that "saturation" occurs in Network Marketing. This very topic was debated in U.S. courts at one time and that was the conclusion by the courts.
Secondly, realize that because Network Marketing is still a very young industry, there are hundreds of millions of prospects worldwide who have never even heard of Network Marketing. It will take years to even make a dent in that.
But here's the main reason why "saturation" is a myth: Timing. In the U.S. alone, there are tens of thousands of brand new prospects "hatched" every year. Part of that figure is young adults who have only just reached the stage in their lives where they'd consider (and could afford) to start a business. Then there are the thousands who have just experienced a major shift in the direction of their lives because of changes at work, at home, etc. These same people, who just months before could in no way, shape, or form be considered prospects for Network Marketing, NOW are suddenly very open to the proposition. And this is happening constantly. Bottom line: The market is wide open and the potential is enormous.
Important things you should also know
WHAT ABOUT GETTING IN EARLY?
Almost all new business's have a very high rate of failure in
the first 5 years. Network Marketing companies are no different and in
fact often have a higher rate of failure because of the special nature
of these companies.
The failure rate is often as high as 90% to 95%. There for it is very
important to do your homework.
Companies that are older then 10 years and are international are much
better choices.
Not unless you mind taking a 90% chance that everything you worked for
to get that promised residual
will go down the tubes. What good is building a fantastic organization
if your income suddenly is gone.
Residual only exists if the company is still in business!
What about my Sponsor?
Keep in mind we are talking about a real and serious business.
Your business, if you treat it as such, can earn you a unlimited income.
These are multimillion dollar partnerships.
If you do your homework you may even need to pass an interview to get
sponsored by the best sponsors and trainers.
That's because they realize their time is very valuable. Most have
worked hard and are earning good incomes.
More important is they have mastered the art of teaching the people
they have on their team to do the same.
If you are earning a 7 figure income your time can be worth 100's an
hour. So why would you spend that time with
people who do not see their business as a real business?
You should feel the same way. Your time and your life is valuable. Pick
a sponsor you like and can really help
you get what you need. Keep in mind, that a good sponsor never does
the work for you.
They are instead a mentor and live what they do and say.
Keep in mind your sponsor can be a friend or family member, and
also that your sponsor can be brand new
themselves! This is perfectly OK , even beneficial, as long as there
is good upline support!