Have you ever heard of the concept of Buying Customers in MLM?
I would bet like most people, you have probably never heard of buying customers for your home based business and creating a residual income. That's ok, I never heard of it until March 2008 of this year. Traditionally, MLM companies require all of their distributors to do all the advertising and promotion. If you are worn out from out dated methods to build your MLM business, then hang on and let me explain.
The typical network marketing company will require the distributor to pay a membership fee up front to open an account, buy some product and then its up to the distributor to decide on a marketing plan to build a home based business. Most companies provide a reasonable level of support and offer a variety of systems and tools to assist the distributor to be successful. There are several business elements to consider prior to investing your time, money and energy. Those include, company, products/services, compensation plan and recruiting methods. Let's take a look a typical set up for a network marketing company called Matol.
If you were looking for a stable traditional network marketing company, here's several reasons why Matol should be considered. Source: Matol
Matol was founded in 1984 by Karl Jurak and J. F. Robert Bolduc
The Corporate Matol Mission statement is to Impact World Health
Revenue has in excess of $3.7 billion in accumulated sales
Paid over $800 MILLION DOLLARS in commissions to date.
As of 2008, Matol is available in over 14 countries
Matol is a member of the Direct Sellers Association and Better Business Bureau
The company has distribution centers in Arizona, Virginia & Montreal 25,000 square foot state of-the-art manufacturing facility
MLM Recruiting Mindset
Perhaps the biggest challenge for any MLM business is finding and recruiting new distributors buying products and building a business with you. It's been often said in the MLM circles, you should focus your energy and time on finding other distributors that want to build a business and make some extra money. The biggest problem I see with that approach, you end up with mainly distributors in your organization and not real paying customers. One point to keep in mind as we explore the traditional MLM business model, is that if you follow that plan and try duplicating your strategy, you end up with a 95% chance of failing.
Matol's Compensation Plan
In 2007, Matol introduced a new compensation plan that appears to offer balance for their distributors and the company to be profitable. Matol offers a solid financial opportunity available today because it offers something of tremendous value to all people: the possibility of renewed health and financial freedom. You can earn immediate income. Matol allows you to build long-term residual income and you can earn a lot of money while building that residual income. With Matol, you have unlimited earning potential and below is a breakdown of some of the ways to earn money with their compensation plan. Source: Matol
Matol's 10Plus Plan is the most lucrative compensation plan in the network marketing industry. It allows for deeper Royalty penetration by paying 10% up to 7 Generations. After careful consideration by corporate management together with experienced industry consultants, Matol is totally convinced that this plan gives all Matol distributors, present and new, a powerful income center for whatever financial goals they may have.
Retail and Wholesale profit
Power Bonus
Royalties
Leadership Bonus
What about Purchasing Matol Leads?
Has your company or sponsor suggested you build your Matol business by buying expensive and non responsive Matol leads? After many years in network marketing and experimenting with a variety of lead generation companies, I can say without hesitation that its all digital trash. Leads can be surveyed, telephoned, double opted in etc. Did you know that every lead generation company will re-sell that lead to you to other people?
You see, those so called responsive Matol leads are nothing more than someone filling out a lead capture page. Then they take the contact information, turn it into Matol leads, plus re-sell your Matol leads to several other people. Now if you have ever wondered why people hang up on your so much, you have the answer. Stop buying Matol leads. Its all digital trash and totally un-necessary in building a home based business. The lead generation companies just keep re-cycling the same information.
The following is a sampling of some prices that you can expect to pay for Matol leads. Remember, after evaluating over $2000 worth of leads several years ago, I found out the hard way that lead generation companies are going to rip you off, while they get wealthy.
25 Real Time Nation Wide Leads $79.00 - $3.16 per lead
50 Real Time Nation Wide Leads $155.00 - $3.10 per lead
100 Real Time Nation Wide Leads $297.00 - $2.97 per lead
200 Real Time Nation Wide Leads $589.00 - $2.95 per lead
The Success Formula - Buy Customers Not Leads
The true litmus test for any home business is ultimately your profit margins. In other words, are you making money? The reality is that 95% of distributors in traditional MLM companies will not make money. It's a sad fact but a reality. I prefer to go with established and proven business models that have a good success rate. Here's one that caught my attention.
Its Good Business is a group of internet marketing experts that have all come together to form a team to change the face of the MLM industry and the way business should be done. This group has in the background a team of marketers who understand SEO Search Engine Optimization and SEM - Search Engine Marketing. One of the team leaders, is Mr. Butch Hamilton, SEO Master, who is driving the strategies and making sure that ItsGoodBusiness becomes the predominate search when looking for a home based business or creating passive residual income. We have Mr. Tom Prendergast, our team leader providing our overall vision and direction for Its Good Business team. To find out more about this innovative business model and Buying Customers, click on the following link below.
No comments:
Post a Comment