It’s not a secret that one of the best ways to gain financial freedom is to start a business that has the potential to succeed. Of all business models you can start, network marketing stands out as one of the easiest you can start with more success. This means you can even have a business with low risk and huge returns. Can anything be more impressive than this?
We have already created a blog where we give a comprehensive explanation of the network marketing business and what it entails in terms of advantages and disadvantages. Having known the mind-blowing opportunity, you can have access to this business, the next step is to get started. In today’s blog, we want to take you by hand and walk you through the step by step journey of starting and running a network marketing business, from selecting the right company to earning astounding profit. Let’s dive in.
Step 1 Find Trending Products On Google
Every business is all about selling a product or service. So, the first thing you want to do is to look out for products you want to affiliate with and the company you want to become a distributor for. There are numerous multi-level marketing companies in the market with a series of products. We can group the popular ones based on the niche of their products into beauty, information and health and wellness network marketing. Health and wellness have been reported to be the most lucrative of all. This is because people are now more aware of their health than ever before and are ready to improve it as much as possible. Google is always your friend in this regard. You can check out the trending network marketing products that have a higher chance of sales and take note of them. It’ll help to have a variety of choices you can select from to begin your business.
Step 2 Analyse Each Product And Do Your Proper Research
Before you make a decision on the kind of network marketing product to start distributing, you want to be sure if the product’s chance of survival in the market will bring in sales. Some products sell like hot cakes, while some other products will suck the life out of you. So, it’s crucial to analyse the products you selected in the first step, one after the other, to see their chance of making your business a successful one. In this step, there are many things you need to consider. You want to know the system of network marketing used by the company. Some companies’ systems will require you to continuously purchase the products to earn points or buy the products first hand and then resell. Don’t go for these types of companies because you might be put at a disadvantage. We recommend a network marketing system where you won’t have to purchase monthly, pay an annual fee or buy products and resell. You should select companies that give you the opportunity to be nothing more than a distributor. This is how you can enjoy the flexibility of the multi-level marketing business model.
For example, when I decided to start my network marketing business, I chose to be a distributor for Enagic after doing my research and analysing their system. Here are some of the reasons why I go for them over other companies and their products. Firstly I love the product- the Kangen water machine is amazing and I started to drink more water than ever before. When you love the product, you can easily sell it. And my other reasons are :
A Customer can become a Distributor
No joining fee or Zero Franchise Fee
No annual renewal fee
No stocks to buy for resale (Order Takers)
No monthly sales qualifications required
Advancement in your Commission
Scale based on Cumulative Sales To Date
Global Plan–Sell to Anyone on this Planet
This is so effective as a business model. The Enagic network marketing system doesn’t require me to pay any fee or some annual payment to become a distributor. All you need to be a distributor is to be a customer. You purchase the product for your personal use, automatically becoming a distributor. I love this so much because it gives you the total freedom to run the business on your terms without running helter-skelter to meet up with deadlines or requirements, and you can start with no cost other than to be a customer. The system is also impressive in that your commission will increase the more you rank up the commission ladder, which gives you more advantage to earn better. What’s the message? You need to understand the network you want to join and be sure that it’ll benefit you.
Step 3 Compare The Products And Company
After doing your due diligence by researching and analysing each of the companies, the next step is to compare all the companies and products you’ve shortlisted. You can do this by checking for all the qualities we’ve listed in step two and using it to detect the products that stand out and those that will go into the trash can. At this juncture, we need to mention the importance of niching. Selecting a niche that resonates with your experience and understanding is very important to your success in this business. However, if you don’t have an idea of a niche to dive into, you don’t need to worry, as you can always select any niche and succeed by applying what you will learn in the next step.
Step 4 Choose A Product And Learn About It
“Congratulations! We rejoice with you on your achievements in this network marketing business, and we acknowledge how far you’ve gone.” These are the words you will hear when you follow the step by step guide you’re learning today, especially at this point. Next, you must single out a product you want to distribute based on the criteria that offers a fantastic multi-level marketing business; you want to have a complete idea and information about the product and the company you want to become their distributor. You need to have the essential knowledge about the product’s history, benefits, types, niche, sales potential, and others. Information about other types of products from the company is also essential for you to have diverse options in the future. Learning is the first step to every important thing in business generally. When you take your time to learn adequately, earning will be easier than can ever come to your mind.
Step 5; Start Marketing
Now that you are convinced with a product and company, it’s time for you to begin the business journey and start marketing. This is where you put the product in front of people who are likely to make a purchase. There are many ways to market MLM products to people; some requires that you spend money while others do not. The way to market without spending money is referred to as organic marketing. You can start your marketing organically and spend money on ads when you make some commission for yourself.
Here are different Ways To Market Your Products
Share With Friends And Families
Friends and family are usually the people where business begins. Since they’re people who know and can trust you, you can start promoting the products to them by informing them of the benefits they can get. Make a demo video of the product and share it with them. They can become your first few consumers and can also help you with the word of mouth marketing as they tell others about the product. This can open the way for you to scale your business furthermore.
Get On-Call With People
This is another marketing approach you can implement. Start talking to people about the product and what they can get from it. Your phone is an excellent tool in this aspect. Open it up to cold call and message people to inform them of the products and what they can do. You can also create a short demo video of how the product works and send it to them. It’ll give them the right feeling of the product and compel them to buy. These are organic ways you can market and start distributing products.
Social Media Marketing
Social media is not only for meeting friends and chatting; it’s an amazing platform to showcase and market your business. Social media houses many people interested in your product and are ready to give you their money. Today, you can leverage many social media to successfully market your business and make a whopping commission. Examples of social media you can use today are Facebook, TikTok, LinkedIn, Instagram, Youtube, Pinterest, Twitter and many others.
To market on Facebook, you will need to create a Facebook page and group for your business. The Facebook page is meant to contain all information about the product you want to sell, while the group, which can be public or private, is where you can give out value and information about your product. This approach will allow you to gain a huge number of leads.
You can also join Facebook groups related to the product. For Enagic products, you should join groups where health, ecology, animals, mothers, Bulgarians abroad are discussed. You also want to leverage private messages as a means of reaching out to leads on Facebook and other social media. Create profiles on Instagram, Facebook, TikTok, YouTube, Pinterest, Twitter, LinkedIn in a way that showcases your brand and promotes your business. If you are in England, share on the next-door platform.
Once you have your chosen social media , make short videos and share them with those media. Then, when people continue to see your business and products along with the right information they need, they’ll trust your brand as a solution to their problem. This way, making sales will become steady and easy.
Email Marketing
Email marketing is a good tool that many businesses have used in the past and made multiple profits. In fact, it’s regarded as one of the most profitable forms of marketing. It involves the use of email to promote your products to people who need them and are likely to purchase them. Here’s how you do it.
The first thing you need to do is build an email list of people you have informed about your product by collecting their emails. The purpose of this is so that you can keep reminding them, which is referred to as following up. Research has shown that most people don’t purchase a product until it’s shown to their face at least seven times. So, you want to ensure that you follow up with your prospects with subsequent emails that remind them of what they’re missing out on when they’re yet to get the product. We recommend following at least thirty times with your list. Take your time to build your email list and craft emails you will consistently send to them. It’s all you need to create your funnels with email and run successful email marketing for your business.
At this point, there’s a cat we need to let out of the bag so that you won’t find it strange when you are trying to build your sales funnel. Most network marketing companies do not allow you to have your own website to sell your products. The reason for this isn’t unreasonable; they want you to make the sales for them while you receive your commission. They usually provide you with their website where you can input your details as a distributor and get the personalised link that allows you to get rewarded whenever anyone purchases through your link. This seems to be a negative moment for many people as you will have restrictions to be unique since the website will be the same for every other distributor. Nevertheless, if you want to create a website for your business, you can have a single page demo website that costs you nothing, create an average designed website with a monthly payment of $30 or a nice eco website at $70 per month or $600 per year. Whichever you choose, the most important thing is to structure the sales funnel in a way that brings in consistent sales. The last way to market your products is to:
Host Webinars And Seminars
This is another way to promote and market your products. Seminars allow you to speak and convince prospects that your products are the best in eliminating their problems. You can organise seminars physically or online through Zoom and other possible means. It’s powerful because it allows you to have a visual connection with your leads and makes trusting you easy for them as they can see you showing them how it works.
In conclusion, starting your network marketing business is not complex when you know the right step to follow. All you need to do is your research, select a product, learn about it and start marketing once you become a distributor. Once you start and grow with time, making sales and climbing the network ladder to success will become a possibility. We are a distributor for Enagic network marketing company due to their fantastic system that you can hardly find elsewhere. If you’d like to join this company, I am hosting a seminar where I will break down every detail you need to know about the Enagic network company and their products. Join this seminar to learn more.
We hope that this content has opened your eyes to vital information about the network marketing business. Please signup to our newsletter and share the content to help others improve their life. You can also check out my previous blogs such as “Tips for those who want to invest – start investing now or start a business?“. You can also join our social media page for more updates. We’d like to know your views and comments in the comment section below.
Ebooks:
https://lifestyletipsbyantoaneta.com/ebooks/
Seminar:
https://lifestyletipsbyantoaneta.com/business-online-masterclasses/
Recommended books for further reading:
- 500 Social Media Marketing Tips: Essential Advice, Hints and Strategy for Business: Facebook, Twitter, Instagram, Pinterest, LinkedIn, YouTube, Snapchat, and More
- The Ultimate Small Business Marketing Book
- The Marketing Book: a Marketing Plan for Your Business Made Easy via Think / Do / Measure
- Social Media Marketing Workbook: How to Use Social Media for Business
- This is Marketing: You Can’t Be Seen Until You Learn To See