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8 Things More Important Than Price in MLM
Some network marketers, especially those that are struggling financially, think that the most important piece of their marketing is the price of their product. That is why you have seen rise to the “free to join” or “mentoring for free” stuff that no one makes money from. If you are ever to create an actual income in the home based business arena, you need to understand there are 8 things more important than the price.
What could possibly be more important than price?
I heard a great quote awhile back, not sure who said it..
“Poor people cannot afford to buy cheap things”
If you are struggling financially, the wasting of money, even if it is small, is simply too high risk. Understand that there are at least 8 things more important than price. Reading a book called “Mastering the World of Selling” and found these cool tips.
The Sacred 8
- An easy – No brainer, relationship. What do they want in a relationship. How can you fit into what they are already doing. One challenge when talking to busy people (the best people to recruit) is to ensure they see doing business with you as something that can fit in and not something to interfere. I like to talk about network marketing as something that can help generate “extra” money rather than just fulltime money with busy people.
- Reliability and Dependability. Anyone ever have issues with this in network marketing before with someone you joined? Haha, I bet you have. The jumping of leaders from company to company and or false promises has people a little more skeptical when it comes to joining than in the past.
- Predictability. Do you conduct your business in a way that someone from the outside would consider you predictable or are you sporadic in your business? Consistency is the most important factor in network marketing.
- Reaction to their needs. If your prospect has questions or needs a three way call, will you be there for them? Or, are they going to leave you a hundred messages never to be returned?
- Short Delivery Times. You can look at this as product or more in relation to their needs. How quickly are you responding to their needs and their questions?
- Breadth and Depth in Quality. One of the things I hear over and over from my team is the quality of our training. Do not skimp in any area when it comes to quality. If you want to recruit quality, become quality.
- Knowledge, competence and follow through. If you do not know something, will you find out and get back to them? So few people follow up, don’t fall into that trap.
- Salespeople who know their product line. Learn more about your product but not at the sacrifice of doing the profit producing activities such as prospecting. Become more knowledgeable about sales, marketing and your product but again, don’t stay in that all too comfy library NOT producing a profit!
Special of the Day!
If you need practice and or leads, the company I partnered with is doing a special to offer you 20% off any type of leads. Realtime, local, surveyed, etc can be found on this website and if you use the promo code “SAVE20” you get 20% off today! – This is the website to buy leads – Hot MLM Leads at 20% off
If you enjoyed this post please comment and share if you want more content like this
Ray Higdon
Skype: ray.higdon
Email: RayLHigdon@RayHigdon.com
Image: jannoon028 / FreeDigitalPhotos.net
PS: If Your Upline Does Not Have a Step-By-Step Blueprint For Success, Check This Out (Unless You Already Have Too Many Leads) – Click Here For Instant Access
PSS: My company is pre-launching in the UK on September 1st, For More Info on Numis, Go here – Ray and Numis
Hopefully that promo code isn’t just for today ??? I have purchased leads before and there is no comparison !! These are much, much better !!
Very Nicely written article. I think you always over deliver and I’m striving to get to that point. I don’t think I will buy leads though. I get more satisfaction knowing that I generated them. It is a rush I don’t know why. I used your 10 ‘hustler’ ideas and so far I’m about a 5 ha. Thanks for the great insight once again.
Rob Fraser
Haha, yeah man, you can build a business through lead generation, just usually not as quickly, rock on!
It is actually until August 31st but dont tell anyone!
im right with you on the follow up part. I call all my leads and i’ve heard, “wow i cant believe your calling me, those other guys never call me.” i think its pretty weird in all honesty
About that, I guess people are different in different areas. Some don’t like giving their phone number out because they don’t like being called. Some people don’t like leaving voicemails. Some people don’t believe in cell phones. Some like calling from restricted numbers and don’t like leaving voicemails so you can call them back.
Hi Ray,
Powerful pointers here.
The basic MLM mantra: give freely, receive generously. Get stingy with others and others will be stingy with you. This means first class training, content creative and being accessible.
Whatever you give out comes back 1000 fold.
Thanks for sharing your insight Ray!
RB
I really like this one. There are definitely a few pieces I need to incorporate. As usual, thanks for great content.
You da man Ron
And some people dont join your business, for those that you DO have a number, these tips might help
Thanks Ryan
Welcome bro
Awesome post, Ray. I really like it because you hit the nail on the head when you mentioned that consistency is one of the most important factors for successfully building a network marketing business. The consistent marketer always wins. Thanks for your insights and I’ll be sharing this on Twitter. Have a fantastic weekend my friend!
I remember you saying consistency trumps talent, so very true.