Monday, October 17, 2011

Make Money When Prospects Say "NO" To Your Business Opportunity!


"Multiple streams of income" is a topic that is discussed quite often in the network marketing industry.  The unfortunate reality, however, is that many network marketers do not really have significant multiple income streams.  Just for clarification, I'm not referring to the number of ways you can be paid based on your company's compensation structure.  I'm talking about additional income from sources external to your primary business.

We often hear the statistic that 9 out of 10 network marketers fail or don't make significant income in this industry (or some similar statistic); and one of the primary reasons for this "failure" is that people quit before they make any money.  Many people have false expectations as to how long it is going to take for them to build their business and start making significant income.  Even if you are a great marketer with a great marketing system (which most are not) it is still going to take some time to build a successful long-term operation.  Therefore, it is imperative to learn how to generate multiple streams of income without having to take the time necessary to build multiple businesses.  Welcome to affiliate marketing!

Affiliate marketing allows you to be compensated for selling another company's products or services.  There are many companies, including Google and Amazon, that offer these programs and they can be very lucrative if utilized appropriately.  Affiliate marketing sales allow you to earn money right away and the goal of many network marketers is to use those funds for advertising; however many also end up making much more than advertising funds!  Most people (again, quoted statistics are usually in the 90-95% range) will say "NO" to your business opportunity, so why not give them an option to purchase other products or services that may be able to benefit them in whatever business they are in; and get paid for it!  Your time is very valuable and how you manage your time is vital to your business success; therefore, your goal should be to get involved with affiliate programs that work seamlessly with your current marketing strategies (assuming they are good).  If your marketing efforts are generating a lot of targeted traffic to your website and the only choice for the network marketers who land on it is whether to join your business or not, then you are missing the boat!  Most network marketers are not seeing the success they want, so they are constantly looking for products and services to help them.  Why not offer them the opportunity to purchase proven products, services, tools and resources from your website that they are probably already looking for anyway (more so than your business opportunity)?  Although getting paid on their purchase is great, that's not even the most significant part of the transaction.  More importantly, it allows you to help out anyone regardless of what company they are with; and most importantly, it provides you with the perfect opportunity to start building a relationship with that person and relationships will always be a very important element to long-term business success.

There are many affiliate marketing programs out there and they are not all created equal, so be sure to do your due diligence before getting involved in one.  Being a successful affiliate marketer still requires you to be able to market, which is why having the right marketing system is necessary.  I'm not going to do a breakdown of marketing systems, but the best network marketing systems are those that teach you how to brand yourself and attract prospects which effectively results in targeted leads seeking you out to do business and work with you.  If your current marketing system is not focused on these two things then you are probably on your way to being part of the 9 out of 10 mentioned previously.  If you are a serious network marketer with a long-term goal of success, then you must take advantage of affiliate marketing.  Click here, www.antoniomoorepronet.com, for a FREE presentation on taking your business to the next level with an advanced system for achieving long-term success; and you don't even have to have your own website to utilize it!

If you would like to discuss affiliate marketing in detail or effective marketing in general, please do not hesitate to contact me.  You may also contact me for FREE resources to help you build your business.

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