The Only Tips You Need to Build Your Network Marketing Team The Right Way

If you have ever spent time in network marketing, you may have run into difficulty while building and managing your network. Many a time your network is in a shambles. One thing leads to another, and you find yourself teetering between fixing the team and scrapping it altogether. Sometimes it’s remarkably hard to run a business and overcome the challenges involved. With some detailed research into the workings of network marketing, you will learn better means of scaling your business. In network marketing, it’s worth noting that it is one thing to build a network, but a whole different ballgame to nurture, manage and grow your network marketing team. In this blog, you will find some essential tips to grow your network.  

Let your leadership govern the pace of the team  

As a leader, you should always be in control of your team, be it identifying the right opportunities

or calling shots. Usually, a team has a way of coming into its own when the leader is proactive and take actions on their own. The success rate of most network marketing teams rightly demonstrates that they grow exponentially when their leaders drive marketing activities from the front. How well structured is your recruiting process? Irrespective of the size of your team or nature of the business, you must raise the speed of recruitment process. Try to introduce your product/services to two or three people on a daily basis. Now if you really want to grow your team, you should step up the game and invite 10-20 people to join your business. When you lead the way, things will start reflecting positively on your team. So, improving the recruitment process will contribute to the growth of your networking team.   

Respecting dreams and aspiration of your team members 

So, you have worked on the recruitment pace which has led to growth in the number of people joining your business. With an ever-expanding network identifying the true leaders becomes all the more difficult. So how do you find leaders in whose hands you can entrust the marketing responsibilities? Well, you can always start by asking yourself this simple question:

How motivated are your team members? Arguably the best way to know if a person is cut out for your team is by learning about their sense of direction in life. Are they sufficiently motivated to go all the way and achieve their dreams? 

“Discover people with drive and potential to become future leaders”

Of course, getting millions to promote your products and services will always give you the bragging rights, but if you want to build a motivated team, you should recruit people with a real drive to succeed in life. 

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Spending more productive time with your team 

In their desperation to get the network marketing team up and running, most marketers forget to spend time with the team. When you are starting to build your network marketing team, it is absolutely vital that you spend lots of productive time with your team. Whether you are making business presentations or home meetings, you should continue to share knowledge within your team and inspire each other. After all, your network marketing is only as good as your weakest link. Therefore, you should make a point of understanding the challenges of team members and filling up the information gaps that may arise in the course of building the team. Any decisions, albeit small, taken during the collaboration with the team will certainly strengthen your network marketing initiatives in the long run.  

Don’t let talented members slip through your fingers

Every new member that signs up for your network marketing is a new opportunity to build your network. You are essentially looking at a person capable of taking your business to new heights. You should use the first meeting to not only introduce your products but learn about their potential to take the business forward. You should give them a clear-cut picture of your network model. The last thing you want to do is lose out on the chance of identifying future leaders for your network marketing. It’s the duty of true leaders to be far-sighted and take measures that could contribute to the growth of the network. 

Is too much training bad for your team?

It’s important not to be bogged down by the training sessions you provide for your team. Mind you, despite all the evidence to the contrary, most network marketers continue to fall into the trap of spending their time on training when they could invest it elsewhere to grow the business. Marketers still labour under the delusion that spending longer training sessions on their teams would, in turn, help them multiply income. Depending on the nature of network marketing strategy, it’s advisable that you cut down on the time you spend training your team. Limit your training time to a weekly home meeting, call conference or live event. Also, remember, there’s only so much training can do to your team. After all, it’s not the training that grows your network marketing, rather it’s the act of inviting people to your business that makes all the difference.  

Build a strong sense of unity within your team  

It’s easy to get disheartened by the slow growth of your marketing team. The team is certainly making progress but you still want to see it grow faster. The first step to making your team grow rapidly is to create a unified network that promotes each other. The leadership should create an environment conducive for healthy collaboration between members from all walks of life. Even small gestures like arranging a meeting with leaders can go a long way in making all leaders feel part of the network family. When the leaders of your team are bound by shared passions and goals, it will leave positive effects on your network marketing team. At the end of the day, it’s always the small steps taken in the right direction that makes all the difference.  

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Learn from real-life Networking Marketing experts 

In over a decade, Masa and Miguel have collaborated with various network marketing companies. Drawing on their vision and determination, the couple has scaled their business to a whopping seven figures. Noticeably before making forays into network marketing in 2005, Marsha worked as a medical researcher and Miguel a trained commercial who felt there was something missing in his professional life and aspired to pursue something more meaningful. The couple attributes their discovery of network marketing to a chance meeting with a 17-year-old girl. Today the couple resides in Australia and travel all over the world mentoring leaders, building networks and supporting businesses. 

How to build a successful MLM business in 8 simple steps

 

Building a business of any kind is tough, and a lot can be learnt through experience, but what if you could learn from others who have ‘been there and done it’? Here, we take our learnings from several successful network marketers and summarise them into 8 simple tips to building a successful MLM business.

1. JOIN A COMPANY WITH PRODUCTS/SERVICES YOU WILL USE, AND YOU BELIEVE IN

When most people see a network marketing business opportunity for the first time, it’s the first time they have been introduced to the MLM industry. With the MLM industry offering significant income potential and the offer of freedom, it’s easy for people to focus on those and believe that the company first exposing them to the industry is the right company for them. It’s rare for a person to go and research other companies in the industry to find the one that offers the products or services it most believes it, but this research will pay off as you will find it much easier sharing products/services and a business opportunity that you are genuinely passionate about.

2. IDENTIFY AND UNDERSTAND WHO YOU ARE TARGETING

The key is in the name – network ‘marketing’. Marketing is a key part of growing any business, and in particular, an MLM business, and marketing is all about delivering the right message, to the right person, at the right time. To achieve this, you must first identify who you are trying to target and understand their behaviours and interests. This means, don’t try to offer everything to everyone, that approach won’t work.

3. SHARE YOUR PRODUCTS/SERVICES AND BUSINESS OPPORTUNITY EVERY DAY WITHOUT FAIL

This is an obvious one, but it’s extremely common for business owners to focus on either their product/services or the business opportunity and forget about the other. But, to grow large successful MLM business, you need to focus on both, and that means talking about them EVERY DAY!

4. BE GENUINE

Don’t be one of the reasons the industry gets a bad name; be sincere and genuine in everything you do; your approach, the information you give and your personal experiences and results. False claims or exaggerations of any kind will not help you, your business or the industry.

5. DON’T BOMBARD YOUR CONTACTS

Bombarding your contacts will only ruin your chances of them joining the business or buying your products/services. Focus on sharing your successes as well as case studies of your products/services and let your contacts ask you about questions. Create curiosity, and they will ask you to tell them more; far more effective than you forcing it upon them.

6. SET CLEAR GOALS FOR ALL ACTIVITY

Every successful business started with goals, and MLM businesses aren’t any different! Having goals enables you to track progress and hold yourself accountable so make sure you set clear achievable goals for all of your activity; events, prospecting, team trainings, etc…

7. SELL SOLUTIONS TO PROBLEMS

We understand you’re trying to sell your products and services, but remember to sell them as a solution to a problem. This approach is super affected and, it keeps your conversations with your contacts super relevant. Listening to your contacts’ problems and offering them solutions will make the sales process seem effortless.

8. DEVELOP DUPLICATABLE PROCESSES

The whole MLM industry relies on duplicatable methods so make sure the tactics, tools and processes you use in your business are easily duplicatable so you can train them down as you grow your team.

Hopefully, you’ve found these 8 tips for building a successful network marketing business useful. Please feel free to share them with your friends.

 

3 Top Tips for Creating Duplication in your Network Marketing Business

 

Every network marketing professional understands that success in the industry lies in the power of duplication. After all, it’s duplication that enables you to build a large business that doesn’t then need you to do all the work yourself.

Here are our top tips for establishing duplication in your network marketing business:

1. SET AN EXAMPLE

If you’re looking to train down duplicatable processes, you must be sure to follow them yourself. Your team will be looking at you for inspiration – if you’re sponsoring new team members and retailing lots of products, they’ll want to know how; they’ll want to learn from you and follow what you do. Keep the processes simple but effective, then show your team how to follow these, using presentations, videos and templates as train aids.

2. GET YOUR TEAM STARTED EFFECTIVELY

Setting up your team members effectively will help them hit the ground running and get their desired results faster whilst improving your retention rates. This is also vital if you want to establish duplicatable processes throughout your business. Spend time with your new team members to ensure they understand and implement the duplicatable processes from the off, then work closely with them to achieve their first successes, whether that’s sponsoring their first team member or selling their first product. Show them how it’s done and how they can teach others to do it, and help them use the tools available to do so.

3. USE TOOLS THAT HELP YOU CREATE DUPLICATION

Tapping into the power of technology, you can not only save yourself time but you can put in place controls to ensure your team is creating duplication as it should be.

Take our platform, Pamtree, as an example. Pamtree allows network marketers like yourself to use one system to manage your contacts, tasks, activities, team messages and notes in one place, using a single platform that works on a website as well as mobile apps for both iPhone and Android phones – and best of all, it’s free, so cost will not be a barrier to ensure all of your team are using the same system, making it a truly duplicatable platform.

If all your team members are using a single system then processes can be duplicated and every one of your team members will benefit from having their contact list, prospecting sheets, notes and task lists with them, on the go, allowing them to work their businesses easily in the small pockets of time throughout their day.

Follow these 3 Top Tips and you’ll soon see a big difference in your business. If you have any other tips for successful duplication, we’d love to hear them. Please feel free to share them below.

 

Closing Made Simple

 

A lot of effort goes into prospecting, so it’s vital that your efforts pay off and you get the best results. So you’ve introduced yourself, shared your story and presented the business opportunity, but then what? You’ve followed the “proven process” to a tee, but your prospect is still not sure whether it’s the right opportunity for them. What do you next? 

One approach is to dig a little deeper to find out what’s holding them back and understand what will influence their decision. You can do this simply by asking open questions such as “what was the best bit”, “what appealed to you the most” or “out of everything you’ve seen, what did you like the most”, then follow up with “why?”. The answers to these questions will steer the conversation towards a positive response and you will find out what appeals to them the most so you can focus on that. Another good question to help you understand your prospects’ thoughts (so you can create your closing strategy), and one recommended by Network Marketing Pro, Eric Worre,  is the question “On a scale of 1 to 10, what did you think?”. This gives you a good insight into where your prospect is in their head and whether they’re dangling over the edge about to sign up or whether they need more questions answered to help them understand whether it’s for them. Once you know where their thoughts are, you can ask what they’d need to see to get it closer to a 10. Hopefully, it’s something you’re able to help with and they will get all the information they need to make their decision.

As you probably know, a couple of the biggest drivers for starting a business in the network marketing industry are money and time, so finding out how much they would like to earn and how much time they have available are only going to help you close. Remember to do this by asking questions and listening to what they say. Don’t focus on what they could earn or how much time you believe they would need to commit to their business. Understand their expectations and help them with a plan to achieve those. Make sure you’re realistic in the expectation you set – if they’re hoping for unrealistic results, be honest with them. There is no point them registering their business then giving up after a couple of months as they didn’t earn what they were promised. We all know it takes a lot of time, effort and commitment to make it work, so get that across. Then you won’t waste your own precious time working with people who can’t devote the time and effort required to be successful. 

The most successful network marketers close because they listen to their prospects and put a plan in place for them to help them achieve their goals, be it £500 a month or £10,000 a month. Each prospect has their own ambitions and dreams so make sure you’re not trying to sell your own dream to someone who’s looking to fulfil a different one.

Ask questions and listen, then respond with a realistic plan that helps your prospect achieve their goals and you will find that you will close a much higher proportion of prospects. 

Let us know how you get on. If you have any other tips for closing that have worked for you, please share these below!

 

5 Top Tips for Success in Network Marketing

 

Self-development is a key to success for all entrepreneurs, especially those in network marketing. Here are five “Top Tips” for success in network marketing:

1. GET CLEAR GOALS

Every business sets goals to measure its performance and determine whether it is successful or not and you should too. Whether you’re hosting a party, attending an event or prospecting, set yourself clear goals and then work to achieve them. A great tip is first to set yourself smaller, achievable goals then increase your expectation and target each time – that way you’re motivated by the buzz of successfully achieving your goals and this motivation will put you in the right mindset to achieve even more next time.

2. BE AWARE OF WHO YOU ARE TALKING TO THE BUSINESS ABOUT, AND HOW OFTEN

It is very easy to annoy friends and family by talking about nothing but your business and pestering them to “take a look”. It can damage relationships, cost friendships and give the industry a bad name. That’s not to say you should keep it a secret, after all, this is network marketing so you need to be out there talking to people about your business and products/services. The tip here is to be aware of who you are speaking to, what their initial reaction is and then manage how often you continue to speak about your business based on their interest. If they’re not interested, that’s fine, drop the conversation. Work your business; build it and let them see your success. After all, actions speak louder than words!

Marketing an MLM business is no different to any other business, you need to target people who want what you have to offer, so decide on the kind of people you want to focus on and go after them.

3. TAKE THE TIME TO LISTEN

This is one of the most important tips – it’s very simple, yet super effective! Good marketing is all about researching the market (listening to what your customers have to say) and then providing a solution (offering your products/services) to problems and challenges they are having.

If you listen carefully, you will soon realise that people reveal the problems they face, and quite often you have the solution in your products/services or business opportunity.  People will be more receptive if you’re providing a solution to their problem rather than pushing your own agenda by banging on about your products or business for your own financial benefit.

4. DON’T FORGET YOUR PRODUCTS/SERVICES

There is always a lot of focus on sponsoring new people into the business, and yes, this should be a big focus. However, it shouldn’t come at the cost of losing sight of the products/services that are the foundation of your business. Building a strong, loyal customer base will not only generate regular income but it also will ensure you have ambassadors for your business as your customers will be talking about your products and your business for you. Also, more often than not, you will pick up some sponsors from contacts who start out as customers but who become advocates for the products/services and find themselves naturally recommending them. Earning money for developing these contacts becomes a no-brainer.

5. THE FORTUNE IS IN THE FOLLOW-UP

You may have heard this before, but it’s so true: there is no point in introducing people to your products or business opportunity if you forget to follow up with them as you move on to the next person. To ensure you get this right and don’t mess it up, put a process in place to track your prospecting activity and ensure you know how and when to follow up.

When it comes to sales and marketing, timing is everything, so if you can follow up with your prospects and customers at the right time, you will improve conversion rates and your overall success. This is one of the reasons Pamtree developed its unique prospect tracking feature, as the platform is all about making network marketers more successful by reducing your administration and enabling you to sell more!

As a professional network marketer, please feel free to share your Top Tips below so others can learn from your personal experiences. We’d love to hear your comments.