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Peter Newell
Peter Newell here with your latest MMGVision Newsletter update. I
trust this message finds you in good spirit and I would first like to wish
you and yours the best for the New Year blessed with Health and Happiness.
May the coming year 2007 shower you with an abundance of the money you
need to fulfill the unexpected and the unimaginable!
===================================================================
NETWORK MARKETING FACTS AND FIGURES
The Network Marketing Industry is definitely on the move. Here are just a
few statistics for you. These may or may not even be up to date but I'm
sure they will stimulate your senses. If you are involved in an MLM,
Network Marketing or Direct Selling Business Venture (and I will assume
you are otherwise you wouldn't be subscribed to MMGVision Newsletters)
you're in the right industry.
Top of Page
Over 13 Mission People believe that Network Marketing is the answer!
-
74.2% are women
-
25.8% are men
-
There are over 13 Million MLM entrepreneurs in the US alone
-
There are over 48 Million MLM distributors worldwide
-
475,000 entrepreneurs are sponsored /week worldwide
-
Sales in the US - $29,665,000,000
-
Sales worldwide - $90 Billion!
-
25% of distributors now working full-time.
-
2% of full time reps report 6-figure incomes (in the US, this would be
260,000)
===================================================================
EMERGING NETWORK MARKETING TREND
Warning!
Resistance is futile... The kind of information I am going to share with
you right now might come back to bite you in the butt one day if you don't
listen closely.
I believe the time has come for all Network Marketers to realize there is
an emerging trend within the industry the realization of which will
transform the way we do business in Network Marketing. The World Wide Web
has proven to be the largest and most effective networking platform on the
planet. That we know as fact! Accessing the Internet and the Web was quite
a task in the past but today, it is readily available almost anywhere on
the planet. Literally hundreds of millions of people use the Internet on a
daily basis to communicate, to share information, to exchange thoughts,
ideas, education, pictures, videos and yes, even to Promote Products and
Services.
So where do Network Marketers fit into this equation?
How can we use this knowledge to help us build a stronger business?
First, let's review some fundamentals and let's agree on the following:
-
The Internet is not going away anytime soon. Internet is here to stay! As
a matter of fact, you might want to consider that The Internet is going to
go down as the most important communication tool of the 21st Century.
-
We all live in a smaller neighborhood thanks to the Internet. It's called
the World!
-
Technologies and Software developments have reached a point where today
Network Marketing Companies are easily able to integrate business
processes for their network of independent entrepreneurs like you and I.
Here are only a few examples: Personal Websites with Flash Presentations,
Reporting and Document Downloading, E-mail and e-Card Broadcasting,
Streaming Audio and Video feeds, Virtual Conferencing and much more...
-
The learning curve to use the Internet is way shorter and easier than it's
ever been.
-
More and more Network Marketing entrepreneurs are using an ever growing
number of Internet Services and tools to communicate.
-
Last but not least, there is an ever growing number of these entrepreneurs
who have chosen to create their own websites (more on your personal website
later)
You and I must look at the Internet as one Big Piece of Real Estate. Our
knowledge and use of it will determine how much of this Real Estate we
will own in the future.
Bill Gates says:
"A wealthy person is somebody who has the ability to see the obvious
before everybody else does."
Top of Page
===================================================================
INTERNET PROSPECTING AS A BUSINESS
I don't claim to be smarter than Bill Gates but I do see an obvious trend
happening today. About 10 years ago, the Internet gave birth to the MLM
and Network Marketing INTERNET PROSPECTING Industry. This recent trend has
created a whole new industry. Many service and marketing companies have
been born out of this new trend and the subsequent demand it created. They
have designed and built websites and systems in order to prospect and
generate leads for MLM, Network Marketing, Direct Sales Companies and
their Distributors. Some of the better known Internet Prospecting
Companies are [http://www.growthpro.com/] Growth Pro,
[http://www.mlm-leads-generation.com/] Prospect Connect and
[http://www.mlmbrilliance.com/] MLM Brilliance.
Available primarily in English, these companies charge anywhere from
$19.95 per month upwards to $39.95 per month just to provide their
customers a Prospecting Website. Customers must, however, populate the
contact management database with their own prospects as a rule. Other
companies will charge anywhere from $70 to $200 per month for a
Prospecting Website with pre-qualified leads. As an example, you might
want 15 leads per month to be included with your website @ $70 per month
OR 100 leads to be included @ $200 per month. Don't kid yourself; there
are thousands of Network Marketers who pay these fees simply because they
no longer want to be bothered with prospecting on their own.
When you think of prospecting, I suggest you think outside the box of
"what you know" or "what you know that you don't
know". Remember there exists a domain called "That which you
don't even know that you don't know yet" and it's far greater than
the former two domains listed here. Look at prospecting like a wheel with
many spokes attached to it and every spoke of this prospecting wheel will
help you build your business. As a whole, these spokes keep the wheel
turning in balance. Here are a few Prospecting spokes that come to mind
immediately but there are undoubtedly many many more:
-
Family members, friends and current business associates
-
Past co-workers, co-students, teachers, etc.
-
Suppliers are a good source of prospects seeing as they are the people you
hand over your hard earned money to. Your dentist, your insurance and real
estate agents, doctor, lawyer, accountant, banker, etc.
-
Cold Market Prospecting also ensures you keep your prospect list full at
all times (spontaneous introductions, newspaper advertising, sizzle cards,
flyers, business cards, Bulletin boards, etc.
My point is that there is a multitude of ways to build and maintain an
ongoing list of prospects. The question you may want to ask yourself is:
"What kind of prospect list am I attracting into my life and why am I
attracting it?" (especially if your list is not constantly renewing
and full)
==> SIDE NOTE
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