Categorized | Network Marketing - MLM

Real Business Lessons From MLM

From About.com via Business Opportunities Weblog:

Network marketing, or multi-level marketing, is one of the fastest-growing business models of the past few decades. Between 1993 and 2003, total direct selling revenues grew by 7.1% annually, dramatically above the rate of growth of the economy -- and of total retail sales (according to the Direct Selling Association).

...

We recently interviewed some of the industry's top experts and found seven lessons that all sales and marketing professionals can use to be more effective, regardless of their industry:

  1. Every business is a relationship-based business
  2. Think analytically about your network
  3. Create a community around your product
  4. Leverage the unleveraged
  5. Build a relationship first
  6. Not everyone is a prospect
  7. Use online networks

This is pretty ironic to me because I find that most of us Network Marketers don't really follow these lessons and if we did follow these lessons, Network Marketing would not have the well earned bad reputation that it has.


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This post was written by:

- who has written 1795 posts on MLM Blog – Network Marketing Blog.

Ty is an Internet Marketer, Blogger and Social Marketing Entrepreneur

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One Response to “Real Business Lessons From MLM”

  1. Miki says:

    I love your blog!

    Can you explain more about
    "4.Leverage the unleveraged"?

    Thank you.

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