10 Steps To Find A True Online Based MLM
November 22, 2008 | By Monika Mundell |
There is a lot of hype going on in the online mlm industry - as well as offline. But what bugs me most is to see ads that read "true online mlm opportunity" when in fact they are far from it. So what classifies as an online opportunity anyway?
It’s simple, an online business opportunity allows you to do everything online including lead management and advertising. Sorting the hype into relevant and irrelevant companies is virtually impossible with dozens of new mlm companies launched new every single months and others going bust at the same time.
If you want to find a true online mlm business, follow the next 10 steps:
1.) Look for an Internet based product or service
The moment you have to deal with shipping, handling cash and setting up a merchant account, run a mile. A true Internet based service or product means just that. You don’t have to handle any orders and the money automatically gets paid into your PayPal account instead.
2.) Purely based online training
Forget monthly meetings which include flying and driving there. Forget expensive weekend stays at 5-star hotels. Instead, sit back comfortably on your office chair and watch an online demonstration with your $20 headset.
3.) Online product demonstrations
With a true online mlm business you don’t have to go to people’s houses doing time consuming and often frustrating demonstrations. You also don’t have to attend costly industry fairs to showcase your products.
Instead have prospects watch online based demos about your business opportunity and products/service without ever having to lift a finger. This is true automation.
4.) Build your business at home with the Internet and email
Being able to build your business on autopilot from your home is one of the best things you can do. It will save you a LOT of hassles, time and money.
All you need is a computer, a fast Internet connection (for conformability and speed) and an email address. No need for expensive business suits or getting dressed up to do demonstrations or drop flyers.
5.) Look for a unique product/service
You might think there is no need for that, but I disagree. The more new/unique your product/service is, the more likely your chances at being successful. Your market share will be bigger and….
6.) Be sure to have a wide interested audience
If your product already exists with company XYZ, then people are less inclined to buy from you. Instead look for a company that has products nobody else has offered so far and also be sure these products are actually in demand in the market place.
You can’t sell ice to an Eskimo!
7.) Simple is key
If your product is simple, people will find it easier to identify with it and see themselves doing the same as you do. It will be key to your success.
8.) Demand rules
Just imagine there was an mlm for iPods. Do you reckon you could make money selling them? of course you could. Any mlm with a great "hot" product will do well.
9.) Be careful of marketing restrictions
If your company restricts you by saying you can’t advertise here and here and you can’t write this and that, you will find it very hard indulge your creative genius.
Besides basic compliance’s and ethic behavior, companies should give their team free reign how they want to advertise their business.
10.) Does the product/service compliment others?
If it does, then great. Having a product compliment an existing one that is in demand is a great starting point for any mlm. Think CD covers,travel packages, pet training, insurances, etc.
By following these steps you should be able to find a true online based mlm without wasting your time and resources.
Tags: finding a true online based mlm, mlm online, mlm online business opportunity, online business opportunity, online mlm
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I would add that you also need to be working with a team of people working together with you to help you be successful.
~Michel
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