subject: MLM Keys To Success - Why 97% Of Network Marketers Fail [print this page] MLM Keys To Success - Why 97% Of Network Marketers Fail
Why is it that about 97% of all people who join an MLM business fail? In this article I will outline the MLM keys to success that the 3% who do succeed know that other 97% don't.
In this article I'm going to bluntly outline why the vast majority of network marketers fail, and the MLM keys to success you need to know and use to stack the odds in your favor so you can be one of that elite successful 3%.
Most people believe, through no fault of their own, that traditional techniques work. You know which ones I'm talking about -- the ones virtually everyone are taught to do by their upline like giving out product samples, hosting hotel parties, and giving out business cards and pamphlets to anyone who will take them.
The reality is that those techniques can build your business, but using them will mean that it will take you several years (or more) to do it. This is true simply because those marketing concepts are based on pushing instead of highly effective pull-based marketing techniques.
Knowing how to quickly and effectively build your business is one of the most important MLM keys to success. Why? Because many people can't afford to keep going in their business long enough for that type of marketing to give them any results.
So with that said, here are three of the biggest MLM keys to success you should implement immediately:
MLM Key To Success #1: Create a list of prospects who are genuinely reaching out to you and seeking what you have. The best way to do this is to put up a data capture page whose sole purpose is to attract people who are looking for the solution or benefit that your product provides.
MLM Key To Success #2: Build and create a relationship with the prospects you have on that list. You can do that by sharing valuable and meaningful content that genuinely impacts their life and solves a problem related to why they reached out to you seeking your expertise in the first place.
MLM Key To Success #3: Create a marketing funnel that smoothly brings those prospects into your system. Once you've created a relationship with your prospects using your autoresponder to send them audios, videos and meaningful content, then it's time to bring those people into your business. You do that by offering them products related to solving the problem they originally came to you to solve. You want to create digital products that you can provide and sell to your list.
Another aspect to this MLM key to success is to include periodic teleseminars and webinars into your marketing funnel. These are a great way to have you be on a "virtual stage" in front of your prospects (and allow your list to connect with you in a different way). During those, you should be sharing relevant and quality content for the first , and then taking the last to put out an offer (either to join your business or to buy a product).
Keep in mind that this is a very broad and general outline of these MLM keys to success. That's exactly why I created my new report titled: "How To Create YOUR First 6-Figure Month In Network Marketing." It goes into further depth on each of these MLM keys to success, and tells you exactly what steps you need to take to incorporate all of these into your business immediately. Grab this for FREE by clicking on the link above.
