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I am a professional network marketing trainer, who loves to help people get the skills they need to succeed in building a great income from home.
Showing posts with label business models. Show all posts
Showing posts with label business models. Show all posts

Monday, September 13, 2010

Marketing Principle #1 Is Critical


Business models drive the behavior in the field. You cannot change the model. You can only work with it.

Some companies have a business model of very high-priced products which could never be sold to the public on product merit alone. The only way they can be sold is as a money-making opportunity. THAT business model creates an atmosphere of "recruit, recruit, recruit." And you're setting yourself up for massive failure.

Think about this. Marketing Principle #1 anywhere in the world is that a business sells products or services for a profit. If your business can't do that, and you only earn profits by recruiting people - who recruit people who recruit people who recruit people - THAT is not normal! THAT is absolutely not sound marketing. THAT will end up getting the attention of the feds.

Companies that only recruit instead of retailing products or services usually have a very good reason. Which is, their products or services are way over-priced, so no one could ever actually sell them. Don't put yourself at that competitive disadvantage.

To Your Success,

ingrid camacho

"Be A Mentor With A Servant's Heart!"

Friday, June 25, 2010

Network Marketing Software - The Big Mistake Most Companies Make


Most MLM companies rent their software. But they can never tweak it to fit their business model, and the distributor base suffers.

Let me give you a story on that. I was consulting for a network marketing company out in Utah.¬ They had a binary compensation plan, in other words a 2-legged plan - one left, one right. Real simple, right?

But the software they leased could not be changed from left to right, to reflect the binary. They tried.

They Had To Pay The Programmers To Come Back In & Reprogram It!

You would think that was a simple, simple, simple fix. But it couldn't be fixed over a 6 month period.

Here's what happened. Let's say you already have your strong leg going well. Now you go into your back office and put all your new sign-ups on your weak leg.

And you're building, building. You have ads running on the internet. People are joining you and your business is growing. And you think they're going on your weak leg.

All of a sudden, you find out they are all going on your strong leg. And in a binary, you only get paid based on your weak leg production. So this is a real problem.

Now You Have To Fight With The Company To Move Your People!

And what was so amazing about that process that I witnessed was, the company went out and hired more and more and more customer service people to handle the paperwork to move these new reps. And then they started charging the distributors $10 each to move the people that the company messed up on in the first place.

Finally, they got so overrun with people wanting to change these positions back over to their weak leg where they should have been in the first place - that they finally said, "We are not switching anybody anymore!" They couldn't handle all the influx of people needing that done.

Now that's a perfect example of buying your software and not being able to tweak it at all.

And when you rent the software, you better read the fine print, because you don't own the database.

You Do Not Own The Database!

About a year and a half ago, I saw a downline genealogy for sale on the internet. I happen to know the owners of the company. I called them up and said "Hey! What's going on? My gosh, your company is doing good, isn't it?"

"Yeah. Company is doing great. But we couldn't afford to buy the software, so we leased it. And part of the lease deal is, the software company owns the database."

And this software company thought it would be great to make an extra $100,000. So they put the genealogy for sale on the internet and sold it to 10 companies for $10,000 apiece. So they made a quick $100,000 selling the genealogy. And right in the Policies and Procedures, it said that the software company owned the genealogy. It was right there, right in black and white. How would you like to build your business and then have your organization for sale on the internet?

So before you build big with some company, ask them who owns their software. If they don't own it, then you could lose everything in a heartbeat.

The big reason they rent it is because it costs them about $2 million to buy it. They can rent it for about $10,000 a month. Most companies don't have the 2 million dollars to spend up front.

But the other thing is, if you really truly, understand your business and it functions, doesn't it make more sense to have someone program your specific software? Then you can work with them.

You Want a Company That Has Built Their Software From The Ground Up!

When the company has built it and owns it, the distributor base is protected.

Instead, these guys get the idea to start a network marketing company, and 10 minutes later, they are in business. So they call the software companies and find out it's 2, 3, 4 million dollars to buy the software program, but you can rent it for 4, 5, 10 grand a month and you're in business!

Now they know this is a tough business, and there's a very real chance they won't even be around 2 years. Taking on a $2 million obligation doesn't make sense to them. $10,000 a month is definitely the way to go. Problem is, you've sold your soul to the devil.

An Evil Secret

Another thing that software companies will do is - and this is a very well kept secret - they will be in partners with that MLM company. So there is a downline organization, a leg being built by the MLM company for the software company.

That creates a retirement income for the software company on the backs of the distributors. How hard is it for the owners of the MLM company to move all their orphan distributors underneath the software company and build them a nice check? That's a very, very, very tightly kept secret,

It's just one more reason you need to build your future with a company that owns its own software.

This article was written by Michael Dlouhy. I found the information in this article to be very educational and so I thought I would share it.

If you are interested in learning more about network marketing CLICK HERE TO DOWNLOAD MY FREE RESOURCE

To Your Success,

ingrid camacho

Wednesday, May 12, 2010

7 Steps To Achieving Your Goals - very effective


Most people set goals - which they never achieve.

Why? What is the difference between people who set goals and reach them, and the people who set goals and never come close?

I see a few differences:

1. You've got to have a really big dream, one that totally captures your imagination, that truly inspires you.

2. Choose a model, someone who has done what you want to do. Study every aspect of that person, their skills, their resources, and what they have achieved, so you understand what it takes.

3. Write down every detail of that dream, no matter how trivial it may seem. The more detail you can picture in your mind, the closer you get to your dream becoming reality.

4. Spend time each day picturing your exact dream. After you have built your dream picture, it doesn't take but 3-5 minutes a day to focus completely on it. That action will drive you to your dream's achievement.

5. Focus every action in your day on making some part of your dream a reality.

6. Wherever fear or doubt enter the picture, step right into them. Do whatever it is you fear, over and over, so it no longer looms as a stop on your dream.

7. Never ever ever quit.

We have personally found these steps to be very effective.

GRAB YOUR FREE BUSINESS RESOURCE HERE

We believe in you!

Ingrid and Steven Camacho