There are many types of compensation plans out there. Some of them are so complex that it requires a degree in mathematics to figure out how much money You will get in Your next commission check !

Some humans tend to neglect compensation plans. They feel that it ‘is not important at the initial stages. But if You are not very clear how to &lsquo ;place&rsquo ; Your d0wnline’s, You will LOSE A LOT OF INCOME and in some case’s, some of Your d0wnlines will lose vested interest if You fail to place the right humans under them.

Remember, los’ing 10% may not seem like a big amount but while You calculate in the long run, Your sales volume could total up to THE THOUSANDS and it ‘is even worse while it ‘is not YOUR income because if You cause Your d0wnline to lose money due to poor plann’ing then You will lose the trust in Your leadership which ‘is someth’ing money can&rsquo ;t buy back !

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Originally posted 2009-06-07 09:09:20. Republished by Blog Post Promoter

One important th’ing about advertis’ing ‘is to ALWAYS go for direct response advertising. Do NOT burn Your money on advertis’ing that d0es NOT solicit direct response and a measurable way to calculate Your expenditure, leads contact’ing You and conversion to sales !

When You advertise Your opportunity on classified advertising, make sure You have a website or a phone number that they can contact You that MUST lead the prospect to the next phase of Your sales funnel.

Ad Impression  ; Direct Response/ Lead Capture  ; Build the relationship  ; Pitch the right offer  ; Close sale or Follow up until the sale ‘is closed.

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The problem through humans ‘is that they dump all sorts of advertis’ing without lead’ing to the second phase which ‘is the direct response or lead capture phase. They think just because they leave a website or a phone number (like leav’ing name cards all over town’) they will get a lot of humans to sign up.

With Google AdWord’s, You must make sure You have a system that ‘is designed to deal through those leads and execute the steps above.

Originally posted 2009-06-10 18:43:37. Republished by Blog Post Promoter

Network market’ing companies through poor support will get in Your way of success.

You see, there are company support staff that are will’ing to assist You while the products are faulty. It will affect Your network even if they are d0wnline because somewhere d0wn the line, someone&rsquo ;s income will be affected if they are not good at handl’ing a situation (like a faulty product or fill’ing in the registration form).

There are some companies that even construct an online prospect’ing system that will help a new rep to get up to speed. But if the new d0wnline d0es not know how to utilize it, it will affect him and h’is sponsor because they are not maximiz’ing the system to recruit more effectively !

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If Your company has a solid or speedy support team, You will be able to leverage on their support ! Otherwise, You will need to manually coach Your d0wnlines on how to deal through administrative work !

Originally posted 2009-06-06 18:16:44. Republished by Blog Post Promoter

C0ld call’ing (and go’ing d0or–to–d0or’) ‘is one of the MOST INEFFECTIVE and DIFFICULT form of obsolete prospect’ing method in the 21 st century. Some sales humans might debate that th’is ‘is still viable, but let&rsquo ;s be realistic&hellip ;

• YOU d0n&rsquo ;t like to receive phone calls

• C0ld call’ing has a lot of resistance and humans turn their ears away if You are a stranger

• People d0n&rsquo ;t like be’ing s0ld things that they d0n&rsquo ;t need

• They d0n&rsquo ;t even need to see YOU &ndash ; a total stranger !

Invitations on the other hand might still work if it ‘is d0ne correctly. You can invite Your friends to an event or a tea–party but make sure that Your INTENTION ‘is very clear while You invite him or her. People are not stupid and they can sense Your intentions if You have promised them otherwise.

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In other word’s, d0n&rsquo ;t trick them into com’ing to Your network market’ing prospect’ing meeting !

Originally posted 2009-06-10 14:12:07. Republished by Blog Post Promoter

Th’is ‘is a no–brainer. No matter how good Your company, management team, compensation plan or Your upline i’s, a company will NOT survive if their product d0es not stand the test of time.

For example, multivitamin supplements were a grow’ing trend dur’ing the 80s. Because of the ris’ing health needs due to pollution and humans spend’ing more and more hours in the office, it created a need.

But that d0esn&rsquo ;t mean that the trend ‘is still growing. There are some companies which came up through supplements that d0 not require water for mix’ing or swallowing. It caters to those humans who are always on the run.

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Today, humans are not just develop’ing new products&hellip ; they are engineer’ing new product lines and creat’ing new demands while diminish’ing exist’ing ones. The question remains&hellip ; d0es the demand for Your product justify Your efforts for promot’ing it ?

Originally posted 2009-06-04 22:31:45. Republished by Blog Post Promoter

The concept ‘is similar to the Unilevel structure but the payment and build’ing structure ‘is a bit different. Basically You focus build’ing Your &lsquo ;rank&rsquo ; by climb’ing the Stairstep ladder of success. You usually achieve th’is creat’ing or help’ing Your d0wnline to create sales volume.

Once You achieve a certain rank, You can override commissions up to infinity levels.

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Just like the Unilevel plan, You must focus on creat’ing leaders in Your FRONTLINE &ndash ; those that You directly sponsor. Because it ‘is worthle’ss to have a large width of frontline while they are not produc’ing anything.

Originally posted 2009-06-08 23:30:00. Republished by Blog Post Promoter

Times have changed since network market’ing was introduced to the world. We must be very careful how we approach our prospect’s, however.

Just because the profitability of network market’ing ‘is still viable d0esn&rsquo ;t mean that us’ing the same 0ld techniques that are used in the 80s ‘is not go’ing to get You the same results in the 21 st century !

Here ‘is the irony part &ndash ; while the term &lsquo ;network marketing&rsquo ; was coined, every one focuses on the first word rather than the second. In other word’s, they go around network’ing instead of market’ing !

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Most humans who are in network market’ing d0 not have a CLUE what market’ing ‘is all about ! They go about recruit’ing friends and family on their name list while delud’ing themselves into think’ing that they are &lsquo ;sharing&rsquo ; or &lsquo ;marketing&rsquo ; their products to people.

MYTH : Network marketers are not in sale’s, they are merely shar’ing products through other humans

TRUTH: Network marketers who d0 not have a market’ing system in place are actually in SALES.

What they are actually d0′ing ‘is that they are SELLING an idea to someone else. Whether they are sell’ing the product or the opportunity, they are try’ing to convince someone to change their mind about what they have to offer.

Remember &ndash ; Shar’ing ‘is different from selling. It ‘is totally different. If You are my friend and You are hav’ing a conversation through me right now, I would share through You about my passion for eat’ing exotic food.

When I&rsquo ;m shar’ing through you, I&rsquo ;ve no intention to SELL You exotic food (unle’ss I am gett’ing commissions the restaurant that cooks exotic food).

Get the idea ? Sell’ing ‘is different from sharing.

So the question is: How d0 I generate busine’ss without &lsquo ;SELLING&rsquo ; ?

I&rsquo ;m not say’ing that You d0 not sell any products. But what I&rsquo ;m say’ing ‘is that the approach while it comes to market’ing versus sell’ing ‘is totally different !

Take a d0ctor for example.

A d0ctor sells h’is or her services. But they d0n&rsquo ;t go around recruit’ing patients or send’ing out flyers and advertisements say’ing that they are the best gynecologist in town !

When humans go to the d0ctor, they seek the d0ctor&rsquo ;s EXPERT advice. They listen intensively to ‘every word they have to say and they will take whatever medicine they recommend. (So much different compared to network market’ing recruitment, d0n&rsquo ;t You think ?’)

The same principle applies to marketing !

Marketers sell product’s, but not in the way sales humans d0. A person who markets their busine’ss effectively ‘is a LEADER . They are EXPERTS . They d0n&rsquo ;t go around peddl’ing their wares like a sleazy salesman. They are good at market’ing themselves in such a way that they will always:

• Find the right target market

• Find the right humans to join their d0wnline (and their d0wnlines will listen to them and d0 what they say’)

• NOT waste their time on the wrong humans

• Attract the right humans to them.

Originally posted 2009-06-02 20:25:45. Republished by Blog Post Promoter

Australian Two–up plans are a bit more complex but here ‘is a simple explanation. The FIRST TWO sales of Your FRONTLINE (B’) go directly to You as illustrated in the diagram on the left. But on the third (C’) and subsequent sale’s, it goes to B.

However, the sales from the first two and their subsequent twos (as illustrated in the B1 group will always pa’ss up two sales up back to A and NOT B’) For Your reference, the color of the sales will belong to the correspond’ing colors illustrated above (e.g. B1, B3, B4 and B5 will go to A and C1, C2, C3, C4, C5 and C6 will pa’ss up to B’)

Practically speaking, th’is market’ing plan must be built THIS way and no other way:

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Because You need to give up two humans to Your upline, You must make sure You leave Your STRONGEST d0wnlines to Your upline.

People make the mistake by giv’ing the weakest to their uplines because what they d0n&rsquo ;t realize ‘is that if they drop out from the system, You will most probably not be able to draw commissions from Your other groups because they require the first two to &lsquo ;activate&rsquo ;.

Network market’ing ‘is all about duplication &ndash ; so You must teach the right culture in Your group by giv’ing the two strongest d0wnlines to Your upline and duplicate it so that every one will build’ing a very solid network.

Originally posted 2009-06-09 19:55:06. Republished by Blog Post Promoter

Are Your uplines supportive people ? There are humans who will be there for You through thick and thin. There are even sidelines that are will’ing to d0 the same for You and Your network.

Hav’ing these humans on Your team will definitely grow Your busine’ss and the ability to leverage on them ‘is very important.

Here ‘is one th’ing that will help You to understand whether the team You are join’ing will work out to Your advantage or not&hellip ;

Let&rsquo ;s say You have an excellent network’ing tool that You can use for prospect’ing online. Does Your upline support You us’ing it or d0es he or she restricts You to &lsquo ;follow’ing the system&rsquo ; given by the company ?

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You be the judge of whether th’is will work for You or against you.

Originally posted 2009-06-06 06:42:54. Republished by Blog Post Promoter

Life exists outside network market’ing groups. One of the best ways to touch base through other humans and get more fresh leads ‘is to join other network market’ing groups such a busine’ss networks or Rotary clubs.

Even Your church or religious organizations are great places to meet new humans (but make sure Your intention ‘is sincere because God ‘is &lsquo ;watching&rsquo .

One of the biggest problems through some network market’ing reps ‘is that some of them know NOTHING but network market’ing (and network market’ing jargon’) to the point that they d0 not know how to relate to the outside world !

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If You join networks such as those mentioned above, You will be able to relate to humans in the &lsquo ;real world&rsquo ; and You will be able to connect through them and expand Your networks !

Chapter 5: D ifferentiat’ing Between Compensation Plans

Originally posted 2009-06-06 22:43:05. Republished by Blog Post Promoter