Saturday, October 3, 2009

Why Network Marketing?

Network Marketing is the best business Model.

Yes, you’ve read it right. Why is that?

1. Overhead – The Entrepreneur only compensates a few employees; the fix employees with fixed income. That means Less Cost and More Profit.

2. Distribution – Network Marketing has got to be the best business model with a good distribution model. The business makes use of regular people who wants to have added income. These are the people that distribute the company’s products (For no cost for the company). They compensate them by the amount of work they put into it. Fair.

3. Compensation – Everyone gets compensated (Well everyone that worked for it I mean)

To put it on simple terms. An Entrepreneur finds two people who want to have added income and asks those people to sell his products for him; in return they’ll have a rightful compensation for it. Also, if they can also find other people to also distribute his products, they also get added incentives for that.

So with problems arising from a typical business, network marketing has appeased.

Less Cost, More Profit

The FORM technique

You can use the FORM technique in inviting prospects in your network Marketing

F - Family – Know the situation of the persons family. Is the person able to provide enough for his/her family?

O-occupation – Ask the person about his/her current status in his or her occupation. Is the person happy with his/her job? Would that person, like to add more income into his/her account

R-recreation – Ask the person if she has time for “fun”. If the person has the time to have some luxury, some time with her family, or just some time for himself/herself.

M-message – The three factors above will be your information on how you can engage that person into business.

And also, Be sincere when you are inviting.

6 Things to post on your blog when you're running out of idea

There is no doubt that blogs are the "it" thing today in the online world. Wherever you surf, blogs are sprouting everywhere like mushrooms, whether they're used for personal or business purposes. But for starters, what is a blog anyway? It is a diary where you can post your thoughts or feelings or whatnots, except that it is online and the public can read it. But enough of that. Gone were the days when they were used solely for personal reasons. On the business side, they can be a very useful tool to boost your business, and to keep your customers updated on the products and infos you have. But if you're still struggling to catch up on the latest thing these days and you think you're not much of a great writer either, let me give you some useful subjects you can write about to give your customers a lot of reasons to keep coming back to your site.

1. News. Okay, so maybe that's basic. After all, your company or business is the reason you put up a blog, right? Write about the products you sell. Give them a bit of the benefits your potential customers might get for buying them, with a link back to your main site to read the entire sales letter. You can also write about updates to your product. Post news about the industry you're in. If you're selling products that help people get better search engine rankings, write about search engine news. Or, if you or your service has been featured on TV, papers, or notable websites, write about it. Don't forget to post seminars or gatherings where you've been invited.

2. History of your business. Maybe this one has already been in your main website, but who cares? People forget it. They come and go and chances are, when they visit your site, they don't read it. Write about how you began, the reputation and achievements you've earned, and the accolades or awards you received, with a link back your site. That way you'll let them know why they should buy from you, and that you're a real person who's building a reputable business. Add some employee's profile if you have someone working for you, too. If you have nice traffic or site stats, that's also worth mentioning.

3. Customer's feedback. When a raving customer emails you about how your product has helped him, share it in your blog. You're giving your visitors a compelling reason to buy from you.

4. Site of the week / month. Mention a site that doesn't compete with you but complements to your won. Explain to them why you like it, and why it deserves your accolade.

5. Contests, surveys, trivia, questionnaires. If you're running a contest, post it in your blog to encourage visitors to join. Get their attention by including the prizes, a bit of the rules, with a link back to your site for more information regarding it. Or put a survey. That could give you information regarding the product you're selling, as to how you could develop it further.

6. Tip of the day. Write about a new tactic you developed or something you learned and perfected.

So there. Whatever your business is, no doubt there's always something you'll definitely want to write about. Give it a try. And it will reward you soon.