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How to Build a Successful Network Marketing Business

If you are in a Network Marketing business and you are selling or convincing your prospect to join you are doing it all wrong.

Building a successful network marketing business is not about selling its about education. However many people in the industry make the mistake of applying sales techniques to “Close the Sale” forcing the prospect into purchasing/joining their business and wondering why they are failing. 
 
The Guided Purchase
Going for a guided close takes place during direct, person-to-person conversation which might be on the phone, or at the end of a meeting.
 
They have sat through a presentation, and now it’s your turn to go for the sale and “close” the deal … it’s decision time.
 
Many pros have mastered the guided purchase and they have developed a response for every objection. They have a list of their prospects desires, their wish list, and their emotional triggers which they acquired from the previous “interview” conversations.
 
They will personally “guide” them down a path that leads to a purchase. 
 
If you are skilled at the guided purchase, that prospect is going to “buy” today whether they want to or not. However, it is NOT the best way for keeping sales as the person is buying for all the wrong reasons which always leads to buyer’s remorse shortly after.

There are several reasons why the guided approach doesn’t work and it comes down to one primary piece of psychology:
 
“A person convinced against their will is of the same opinion still.”
 
Many times during a guided purchase, the salesperson will get the prospects emotions flowing and they have no time to think logically which is the recipe that always leads to a sale which is why it’s the primary tool of choice for direct response marketers.

This “heart only” approach is extremely effective, but counter-productive for the Network Marketing industry because you are not making a one-time sale…
 
You are looking for the years of commitment it will take to build a successful network marketing business

Unfortunately, when those emotions dissipate and logic sets in, the person may regret the decision they made and they usually end up quitting within days or weeks.

Personally I prefer the voluntary close. This works best for building a successful network marketing business as the prospect “sells themselves” and makes the decision to purchase on their own.

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How to Dominate Your Market

social networking sites 10 How to Dominate Your Market Understand your customers’ searching behavior. Walk in their shoes, and understand the dialogue the searcher is having with the web. Most customers are researching or looking for a problem to solve. If you understand what problem they’re trying to solve (keywords and phrases) you can provide them with a very customized solution to it (your landing page, website…and ultimately your product).
social networking sites 10 How to Dominate Your Market Decide how you will track conversions. Often this is easy…it’s when you make a sale. Other times it can be trickier. If you’re a real estate agent, you’ll most likely be tracking leads. In addition, you’ll have to assign some kind of dollar value to that lead so you can determine how much advertising to spend in order to get it.
social networking sites 10 How to Dominate Your Market Decide on autoresponders and set them up. Autoresponders are simply a way to keep in touch with your customers and prospects. Essentially it’s automated email.
social networking sites 10 How to Dominate Your Market Do the keyword research
social networking sites 14 How to Dominate Your Market Brainstorm the core ones with a diverse group
social networking sites 14 How to Dominate Your Market “spy” on your competitions’ using tools
social networking sites 14 How to Dominate Your Market use other tools to expand the core list
social networking sites 10 How to Dominate Your Market Group keywords by the conversation type (what is the potential customer looking for?)
social networking sites 14 How to Dominate Your Market If you’re a real estate agent, you’re prospects will be having different conversations if they’re looking to relocate as opposed to
someone already in your area looking to sell their house
social networking sites 10 How to Dominate Your Market Build landing pages on your site for each conversation type
social networking sites 14 How to Dominate Your Market You’d want the two different potential customers above to go to two different pages within your site, because you want to
highlight the different value propositions you’re bringing to the table…to solve their particular problem.
social networking sites 10 How to Dominate Your Market Set up your own blog
social networking sites 10 How to Dominate Your Market Set up your adwords campaign using the keywords, groupings and landing pages
social networking sites 10 How to Dominate Your Market Monitor and test…EVERY DAY
social networking sites 14 How to Dominate Your Market Split test ads every day
social networking sites 14 How to Dominate Your Market Adjust bids every day
social networking sites 14 How to Dominate Your Market Get rid of non-performing keywords every day
social networking sites 10 How to Dominate Your Market As soon as a great “money term” is found, start the search engine optimization process for that term
social networking sites 14 How to Dominate Your Market Market 2-3 articles per week (or even more)
social networking sites 14 How to Dominate Your Market Make blog postings on your blog and others’
social networking sites 14 How to Dominate Your Market Answer posts on forums and yahoo answers
social networking sites 10 How to Dominate Your Market Move great “money terms” to Yahoo and MSN pay per click advertising engines
social networking sites 10 How to Dominate Your Market Rinse and repeat this process every 90 days!

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