Sunday, February 8, 2009

MLM Business Opportunity: Building Your Business Online

The introduction of the multilevel marketing (MLM) system into the United States market in the early 1940s brought about a lot of controversies. A lot of people thought that it is impossible to set up community based distribution outlets for products and that the MLM system is bound to fail before it can even hit its target market. After more than 60 years after it was first introduced, the MLM system is still very much alive in the country. In fact, a good number of people who took advantage of the MLM business opportunity earned good money. According to experts, there are a few people who became quite rich because of this system.

Online MLM business

The advancement of technology brought the MLM business opportunity to a new plane. Where the traditional MLM business opportunity would require the distributor to physically sell the products of the company to his or her clients, now, he or she can sell the products of the company online and still earn commissions. Furthermore, if an MLM member would like to build his or her own network, he or she can recruit members of his or her team online. Product orientations are also done online so there is less pressure on the part of the member to physically bring his or her recruits to the company’s training sessions.

Now, just because you can now work on MLM business opportunity online doesn’t mean that you can become rich overnight. Always bear in mind that selling products and building teams take time. You need to invest a lot of time and effort to get things going. For instance, if you want to build your team online, you should always keep in touch with your recruits and let them know that you are really to help them in any way you can. You need to constantly update then of the activities of your team and encourage then to work on their business. Always remember that the MLM system is designed to work best when your team is strong and your sales are high. The more people who generate sales from your team, the higher income you will have.

How can you maintain close contact with your recruits online? If you want to make the most out of an MLM business opportunity, you should at least have a computer with a fast internet connection. Use your computer to send emails to members of your team. Having an instant messaging system will also help you a lot in maintaining active communication with the members of your team. You may also write newsletters which you can send to members of your team. News letters are effective when it comes to keeping the members of your team abreast with the latest developments of the company.

MLM... Scheme or Dream?

Multi-Level Marketing (MLM) is a very highly debated topic. Ask one person and they will say it is all a complete scam. Ask another person and they will say it is the greatest thing in the universe. One person will say, "MLM didn't work for me" and the next will say, "I made millions in my MLM business!"

Well, here is the truth behind Multi Level Marketing...

MLM in and of itself is not a scam, scheme, or anything of the sort. It is a very legitimate and powerful way to do business. In fact, almost every business has at least some aspects or resemblance of an MLM, whether they admit it or not.

The problem is that people have a tendency to believe that joining an MLM opportunity is some sort of "magic" thing where they will not have to do anything but sit on their butt and still get rich in just a couple weeks. When that does not happen they are quick to tell everyone they possibly can just how much of a scam every MLM in the world is.

The reality is that if they would have just spent as much time actually putting effort in to their MLM business as they did bashing it afterward, they probably would have made a lot of money.

These days most people have a negative view of multi-level marketing simply because they do not understand it or they don't fully give it a chance. They just listen to someone they know who says, "MLM doesn't work".

Guess what?...

No business in the world, MLM or otherwise, "works" or "doesn't work" ....it is the business owner that has to put in the proper time and energy needed to make it work.

With that being said you do still need to be careful and do your due diligence before joining an MLM business or any other "opportunity" of any kind because there are many people out there who are just looking to make a quick buck off of you by scamming you.

Just remember... if you do have a bad experience... it was not "Multi-Level Marketing" that was the to blame. Instead it was most likely that particular company, or lack of effort, or an individual scam artist, or something else along those lines. You can be sure that MLM in general was not the problem!

So remember... MLM is not a scheme, it is a very pleasant dream! A dream that will come true if you are willing to pursue it with all your desire.

Introduction To The Affiliate Marketing MLM Network

No matter how Internet savvy you may be, there is a possibility that you have not familiarized yourself with one of the more popular type of MLM Network, the Affiliate Marketing network. Even with all of the different affiliate programs that are available, many people don’t have any idea how they work, or even what they involve. Though not a new concept it has only recently begun to regain in popularity, and most assuredly as part of the multi-level marketing concept of business ownership.

Affiliate marketing programs are in existence all over the Internet, but unless you choose one that has numerous products such as Amazon or ClickBank, you are not going to make enough money to replace your day job. Since all affiliate marketing programs are different, the key is to affiliate with those that will offer you the highest rate of return on sales and/or have the widest variety of products from which a customer can choose. Of course, you will need to have your own website, as most of the affiliate programs do not offer that as part of the program. What the affiliate does is add the affiliate codes to his or her website, and when someone goes to the affiliate’s website, clicks on the banner to the product website and purchases, the affiliates receives a “commission.”

Sometimes it is a percentage but most of the more popular ones are a flat rate per mineralized sale.

Promotion is not included as part of the affiliate membership, so if you want to make money from your affiliate programs, you will need to promote your website. It is advisable to have a website specifically dealing with your affiliate marketing because otherwise visitors to your site may get interested in other information on your site and never get around to looking at your affiliate links. The Internet is full of free hosting programs such as Tripod, Angel Fire, and others; your own Internet provider may offer a certain amount of web space for your use.

If you choose to make use of a website you already have, it is highly advisable to place your affiliate programs on the front page with no other information to detract from it. This way you will at least be assured that everyone sees that page first, and be certain that your Meta tags point to the affiliate programs so that when someone is looking for certain products, your website will come up in a search. Another thing you may want to think of is Search Engine Optimization (SEO) in order to make sure your website ranks high with the search engines, thereby guaranteeing a steady stream of traffic to your site. There are a few free programs that only require you to place their banner on your website, but if you plan to make this a business, you want to invest in someone who will provide you with the most for your money. Making the programs depends on your marketing tactics, so the better your marketing tactics, the more money you will make.