8 BASIC BUILDING BLOCKS of Network Marketing
Many people presume they know a lot about Network Marketing and read lots of books without consulting people. In my experience, I realize that there is no need for a Networker to understand anything first beyond the basic foundation of Network Marketing before they get started. The 8 Basic Building Blocks (8BBB) is something so easily Duplicated - the first rule of Network Marketing. Sit with your new sign-ups and downlines and work out the 8BBB with each of them One-on-One.
This will help them do this business without alot of stress.
Enjoy....
Author : Pathman Senathirajah
BBB 5 – SHOWING THE PLAN
Don’t be afraid of presentation. No presentation is wrong or right. It’s like a rubber band, you can stretch it anyhow, just make sure you don’t break it. Your presentation should include: Company Profile, Products, Compensation Plan and Projections. The most effective is the One-on-One presentation. Your first five presentations should be done for you by your Upline while you sit down, watch, observe and learn. Edify your Upline to your prospect properly before you take your prospect to him/her. Edification is for the business not the personality.
If you want to show the plan;
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Choose the right Environment.
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Dont wine and dine with your prospects. This will cost you a lot of money and it’s not duplicable.
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Dress smart, casual or professional. Dress, Walk and Talk like a Millionaire.
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Be Punctual even if your prospect is not.
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Prospects will always want to ask you questions. Always say: ‘Please hold your questions till the end of the presentation’.
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For One-on-One presentations, only use a paper and a pen. Why? Because it’s cheap and duplicable.
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Show at least 15 plans a month consistently.
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Your presentation should be between 45 minutes to 1hour (max). Extend only if the prospect’s questions are intelligent.
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Always maintain your posture, don’t be desperate.
Public presentation is also very effective but home meetings are the most effective. After showing the plan, always tell your prospects not to talk to anyone about this business until when next you meet.
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Short Term Dreams
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Mid Term Dreams
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Long Term Dreams
Committement
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Attending events
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Getting trained
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Attending leadership camps
2010 - present
2010 - present
Name List
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Hot
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Warm
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Cold
Inviting and Prospecting
Showing the plan
Follow Through
Counsel Upline
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Professional
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Non-Professional
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Golden Rule - bad news upline, goodnews downline
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SW SW SW SW Next
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Purpose
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Profile
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Products
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Payplan
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Projection
BBB 6 – FOLLOW THROUGH
Duplicate
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Key to Network Marketing Success
Follow up your prospects within the next 24 to 48 hours after showing the plan. This is because people forget. So, strike when the iron is hot. Follow through allows you to handle objections properly. Use the 3Fs strategy for their objectives, saying something like; ‘I understand the way you FEEL, I FELT the same also but this is the wonderful thing that I FOUND out’. If your prospect says ‘No’, remember the 4SW – SomeWill, Some Wont, So What? Some are Waiting. But Keep them In View so that you can always invite them if there is a major event by your company.
BBB 7 – COUNSEL UPLINE
This is very important and very crucial. As a New Person in Network Marketing, before you do anything, Counsel or Consult your Upline because this is a journey you have not travelled before so you need the guidance of someone who has and your Upline is the solution. Your working Upline is you life-line.
Golden Rule – Bad News to your Upline, Only good news to your Downlines.
BBB 8 – DUPLICATE
Whatever you’ve learnt, whatever and all you know and do, teach your downlines to do the same ASAP. Duplication is the key to success in Network Marketing. The faster you duplicate, the faster your success.Now you have it! Here is the 8BBB of Network Marketing. You have to make a decision that you want to do it. Put your passion into everyday of your Network Marketing business. Give your 100% everyday and you will achieve your Dreams including Financial Freedom.
‘Life can either be a daring adventure or nothing at all’ – Hellen Keller.