My name is Frank Demming and I used to be just like most inexperienced network marketers out there. I tried opportunity after opportunity and didn’t get anywhere with neither of them. As most of us do, I basically blamed the product and my upline, for my lack of success.
*
I spent well over $35,000 on marketing tools, courses, and going to “Big Events” all being hosted by my company.
*
I did all of that, because of one thing…
I was told that I had to it if I wanted to be successful. But nobody told me that I was using outdated marketing methods.
Someone answer this question: How can someone be so determined and loyal and still not make any money?
Well, that was me. As mentioned above, I went to every event, took notes, followed everything my upline told me, but yet, I struggled to make a 3 digit number on my monthly check.
*
Does that sound familiar to you?
*
I got so frustrated with that sad reality that I gave up; not on the industry, but on those companies. I am glad I did, because it allowed me to take a step back & truly study this home-based business thing. I kept asking myself, “Is this a legitimate business model, or is it just an expensive hobby?”
I spent the next 8 months searching for the best training material available, because I was determined to reach the top of the pay plan for whatever other MLM Opportunity that came my way. You see, this time I didn’t want to just join another MLM opportunity without any marketing skills. I wanted to learn how the big boys were making all of their money because it sure didn’t seem like they were working as hard as I was.
*
During this 8 month search, I was able to find out some very interesting facts about the network marketing industry. Among other shocking stats, I found out that I wasn’t alone. In fact, I was part of the majority. 95% of all network marketers fail & fail miserably. Although that fact made me feel a bit better, I was still determined to find out the reason why.
That brought me to Mike Dillard and his “Attraction Marketing” techniques. These techniques shifted my mindset 180 degrees, because I was never taught to market in such an out-of-the-box manner. That simple book opened my eyes to a totally different concept that, quite frankly, kept me in the industry. You see, had it not been for the Magnetic Sponsoring course materials, I probably would have given up on the industry I so desired.
*
What I learned is that the top MLM producers know how to attract people to them. Once they attract people to them they sell them small retail products before they sell them the bigger product. That’s called, ’funded proposal’.
Mike goes into all of that in his Magnetic Sponsoring course.
*
This is the direction the MLM industry is going. But there is a huge problem though. Most network marketers, don’t know how to successfully market their respective MLM businesses. Therefore, while you are trying to figure it out you either run out of money or you get so frustrated that you quit.
But, there’s an answer to your problem.
You can make money off people that need the information you can give them. Why?
Because people pay to learn how to do things. I mean think about it, people pay over $1,500 per class to go to some universities to learn about things they probably will never use in the real world. But they do it anyway.
I know many network marketers pay $150+ on tickets just to go to some of their company’s so called “big events”; and that doesn’t include the $500 spent on a hotel room, the $400 spent on plane tickets to get there, the $200 spent on food, and another $200-$300 just to have a little fun while they are there.
Does this sound familiar to you?
Those so called “Big Events” do not hold sessions on how to effectively setup a google adwords campaign. You don’t walk out of there knowing how to create and send people to a Data Capture page, build a relationship with those people, then recruit them-All automatically.
FYI…That basic system that I just described could help someone like you personally recruit at least 50 people per month. As long as you take the time to learn the basics.
So, if network marketers are willing to pay thousands of dollars on marketing materials and different trainings just to “get motivated”, then why would a network marketer refuse to pay just $39 to own an MLM book that gives step-by-step instructions on how to run their MLM business in today’s market? Not a book on motivation, but a detailed book on successful marketing tactics.
You see, when I found Magnetic Sponsoring I learned how to attract MLM leaders to my business so I wouldn’t have to keep chasing people around that aren’t interested in me or my business. That’s all you have to do as well.
Your goal should be to find a product that most network marketers need and be able to give it to them for a small profit. This will help you to fund your advertising efforts for your primary MLM business. But, I’m going to talk a little more about this in depth in another lesson.
But, MAGNETIC SPONSORING goes into great depth how to do this.
Understand this…
“The Most Important Marketing Method Is YOU!”
Most network marketers fail because they don’t know how to really market their business. They focus on the following…
Creating a big list of names of their family and friends
Invite those people to “A Meeting”
Get mad when most of them don’t show
Then stalk those same people for life! (Yeah that was me too)
Instead, as a network marketer, you need to learn how to get customers and prospects to come chase you down (Isn’t that a change).
You see there is a whole world of network marketers that are struggling because they are practicing an old business model that will never work in today’s market.
It doesn’t matter what you were told at the meeting you went to when you joined your great opportunity. The old marketing methods WILL NOT MAKE YOU RICH! Sorry to be the bearer of bad news, but that time is gone.
There are too many people out there with the “idea of the month” so it is hard for a good network marketer to come in with a solid company and a solid background to strut their stuff. But there is something called “MAGNETIC SPONSORING”.
What is Magnetic Sponsoring?
This is something that allows every marketer to become the hunted instead of the hunter. It means exactly what you think it means. Magnetic Sponsoring means people get attracted to you based on what you can provide to them.
This is the new marketing wave of the future & you have to check it out if you want to be successul in MLM! There’s no getting around it. This is the truth!
So, how can this be used in the network marketing world?
I’ll answer this question in one of my future postings, so stay tuned.
But first, just think…Do most people really care about your product?
No, but there is a niche that you can target that you can attract almost every single time to you. Get ready to learn how.