Success is not doing all things correctly, it's about doing correct things. (Collected)
But in network marketing what are the correct things? What are the things that guarantee success?
Understanding this is the basis of all great decisions. And the decision to work on the right things bring success.
So, how do you decide? When you have a lot to get done in the day, how do you decide what to do first? What should be at 1st priority in your business? Here is the list of top seven work that brings original network marketing success.
7 most important things that bring network marketing success
Network marketing business is based on products and people. Without so many people this business can't produce the compound effect. So meeting more people means joining more people. There is a standard ratio in network marketing.
10:7:4:2 - This ratio model is proposed by writer Allen Pease. According to this model, For every 10 people, you invite, seven would show up. Four people would listen to your presentation and two would join your business. [Network marketing standard ratio]
Read: How to Talk with strangers for network marketing
10:7:4:2 - This ratio model is proposed by writer Allen Pease. According to this model, For every 10 people, you invite, seven would show up. Four people would listen to your presentation and two would join your business. [Network marketing standard ratio]
Read: How to Talk with strangers for network marketing
2. Show More Plans:
Showing more presentation is considered as the single most important work. Without this none can become successful. In "Questions are the Answers" author Allen Pease provide six effective skills for showing the presentation.
i) Bridging - Bridging is a technique that keeps the conversation moving and avoids the situation where you might talk too much or your prospect talks too little.
ii) The Head Nod Technique - Nodding the head is a gesture used in most countries to show agreement. Its origin is lowering or bowing; that is, "If I bow to you, I am subordinate to your wishes". So it's a shortened bowing movement.
iii)Minimal Encourages: As the other person speaks, encourage him to keep going by using minimal encourages.
iv) How to keep eye control: Research shows that of the information relayed to a person's brain in a face to face presentation, 87% comes via the eyes, 9% via the ears, and the 4% through the other senses.
v) Mirroring: When two people mentally sync to each other, their bodies also moves into physical synchronisation, by adopting similar postures and by using the same gestures.
vi) Pacing: Intonation, voice inflexion and speed of talking also synchronize during the mirroring process to further establish mutual attitudes and build rapport.
i) Bridging - Bridging is a technique that keeps the conversation moving and avoids the situation where you might talk too much or your prospect talks too little.
ii) The Head Nod Technique - Nodding the head is a gesture used in most countries to show agreement. Its origin is lowering or bowing; that is, "If I bow to you, I am subordinate to your wishes". So it's a shortened bowing movement.
iii)Minimal Encourages: As the other person speaks, encourage him to keep going by using minimal encourages.
iv) How to keep eye control: Research shows that of the information relayed to a person's brain in a face to face presentation, 87% comes via the eyes, 9% via the ears, and the 4% through the other senses.
v) Mirroring: When two people mentally sync to each other, their bodies also moves into physical synchronisation, by adopting similar postures and by using the same gestures.
vi) Pacing: Intonation, voice inflexion and speed of talking also synchronize during the mirroring process to further establish mutual attitudes and build rapport.
3. Convert More Sales:
The more you able to convert sales, the more you're settling for this business.
4. Learn From Upline:
“My mentor said, ‘Let’s go do it,’ not ‘You go do it.’ How powerful when someone says, ‘Let’s!’” — Jim Rohn
In this business, our uplines are our mentors. Network marketing or multi-level marketing is a duplication business. You have to do the same work to become successful. Your upline comes first in this business that's why he is your upline. He has more experience than you in this field. So he can guide you through the challenges. It's the reason we also called them guideline.
Caution: There will be so many uplines. You should choose the one whom your inner voice matches.
In that case, remember this quote:
"Learn from everyone (successful or failure), Follow no one (become yourself)".
5. Teach Downline:
"Learn it, Do it and Teach it"
In the early days, you have to learn all the basics, product details, payout plan etc. And you start applying your learning in the real-world scenario. Thereafter you got results, people started joining your team.
And from here teaching phase starts. You have to teach your downline 'how to copycat your business'. You have to give them product training, sales training, personality development training etc.
Caution: Statistics says, people who failed to teach their downline never make a huge team.
6. Invite More and More Guests in Meeting (Presentation Meeting / Show The Plan):
This is one of the prominent tools in the network marketing business. From these meetings, you can have a bulk of joinings and product purchases. That gives a kickstart to your business. If you're a newbie or old, it's very recommended to invite more and more guests in meetings.
The more you promote, the more you'll get. Not everyone will join your business, but the more you invite the more will join.
Read: How to invite for network marketing business opportunity
As your team started growing, you have to organise your own events. You can't wait for another team or company to organise events. There are so many benefits of doing this.
7.Organise Your Own Events:
As your team started growing, you have to organise your own events. You can't wait for another team or company to organise events. There are so many benefits of doing this.
Benefits of organising your own events:
1. You can take control of your business. Whenever you think, your team needs motivation, training or presentation meeting to grow, you can do this on your own.
2. By doing this, you can make your image to your team.
3. Your leaders will start duplicating this model and your work pressure will be reduced.
These works are the actual work of a network marketer. Only and only these works bring success.
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