Dissecting Network Marketing’s Compensation System to Maximize Profits & Even Start Your Own Company!
Okay, guys and gals, sit tight and get ready to learn! These posts will be divided into sections and it will take a week or so to complete and by then you will have learned a whole lot of useful information.. This is going to be fun and prosperous, so stay with us till the end …………………………………….
Those Who Fail to Plan, Plan to Fail
Welcome to Show Me The Plan – Part 1! These posts are the first part of an exciting 2 part series.
Why have these posts been created? If you are familiar with the network marketing industry, you will have no surprise why the majority of new distributors or networkers spend a lot of time in network marketing training because they simply don’t understand how the compensation or marketing plan in their company works!
Every year, network marketing companies and teams spend thousands on marketing plan training because many people simply find marketing plans today too confusing or people just don’t take network marketing serious enough to be well equipped.
Isn’t this alarming? Consider this:
Would you be in a profession if you don’t know your career path?
Would you work in a job if you don’t know how much you are getting paid?
Would you give away money for free?
We all know the answers to these questions, BUT, in network marketing, proper understanding of the marketing plan (not only yours but others in the industry) will not only save you lots of time, but will also determine the rest of your network marketing career! This is even more so for people who plan to start their own network marketing company offline or online.
When I first started out with my network marketing career, I was so clueless about my company’s plan that it was almost laughable. When my prospects ask me how much do I get paid at this level, I would call my upline in front of the prospect and ask him the questions. Towards the end of the prospecting session, I think I must have called my upline at least 4 times! (Thankfully the prospect signed up)
I have also seen people lose thousands of dollars because of wrong placement of the downline causing massive residual income to be wasted due to poor planning and lack of understanding. You don’t need to be a mathematical genius to understand plans, just simple calculation and mechanics to master.
After you are done with these posts, you will learn how to:
Differentiate between typical plans and how to make money there
Choose a good network marketing company based on how good is their plan
Develop confidence in front of your prospects
Close the deal with other networkers by simply stressing the benefits of your plan over theirs and bring them into YOUR organization
Develop a strategy to building your network for the long term
Avoid costly mistakes by placing your new downlines under the right people to maximize your profits
Start from scratch your own network marketing company the right way (whether it be online or offline) saving you heartache and disaster!
Stay tuned to get ready to dissect the plan! Are you excited? Hope so, see ya next post and plan to take notes!