This document provides an overview of network marketing compensation plans. It begins by explaining why understanding the compensation plan is important for success. It then defines common terminology used in network marketing like upline, downline, frontline, and maintenance. The document addresses some misconceptions about compensation plans, such as the importance of the plan and explaining the entire plan to prospects. Overall, the document stresses the importance of understanding how compensation plans work in order to build a large network marketing business.
Introducing network marketing superstars -How to get started and succeed in network marketing. Inside this e-book, you will discover the topics about introduction to network marketing, types of network marketing businesses,how to find the right network marketing business, how to present and sell your product,techniques to following up with the prospects 10 ways to build your team and find prospects, recruiting like a pro and how to help new recruits get started right. In the end I have a bonus for you to make $1000 per day easily.
The document discusses 9 powerful techniques for massive growth in multi-level marketing (MLM) recruiting. It recommends developing a recruiting mindset, making friends to build relationships, establishing positive daily habits like connecting with people in your network, always being prepared to share information about your business, telling good stories about your business, listening and asking questions of prospects, maintaining enthusiasm, and having big dreams of success. The overall goal is to master the art of MLM recruiting and sponsoring people into the business to help it grow substantially.
The document outlines the keys to success in network marketing: taking action, having belief in oneself, and caring about others. It emphasizes the importance of determination, effort, focus, goal-setting, accepting help from others, having an internet presence, treating customers well, persistence, building relationships, sales skills, and learning from one's sponsor over time to achieve network marketing success.
best audiobooks Network Marketing is Dead Long Live Network Marketingfusgov
This audiobook discusses how traditional network marketing is no longer effective and a waste of time and money. It explains how using new technologies like the internet, people can build huge networks and make sales automatically. The audiobook teaches listeners how to analyze network marketing companies, create multiple streams of residual income online, attract free traffic, convert leads without calling anyone, and gain leverage by duplicating automated processes for their team members. Listeners will learn how to build their network marketing business efficiently using minimum time and resources through applying the eight principles of a successful network marketing plan and understanding what types of businesses work with automated systems.
This document provides an overview of the network marketing business model. It explains that network marketing uses word-of-mouth advertising through independent distributors to sell products. Distributors can earn commissions on their own sales and on sales by others in their network. As more distributors are added, the network grows exponentially, allowing residual income to be earned from the ongoing sales of those in the network. The benefits outlined are that it allows an average person to own a business with little investment and provides flexibility to control their own time. Training and support is provided by more experienced distributors.
Multi-Level Marketing(sometimes called Network Marketing, Referral Marketing or Direct Marketing), multiple levels of people are marketing a product to consumers.
Introducing network marketing superstars -How to get started and succeed in network marketing. Inside this e-book, you will discover the topics about introduction to network marketing, types of network marketing businesses,how to find the right network marketing business, how to present and sell your product,techniques to following up with the prospects 10 ways to build your team and find prospects, recruiting like a pro and how to help new recruits get started right. In the end I have a bonus for you to make $1000 per day easily.
The document discusses 9 powerful techniques for massive growth in multi-level marketing (MLM) recruiting. It recommends developing a recruiting mindset, making friends to build relationships, establishing positive daily habits like connecting with people in your network, always being prepared to share information about your business, telling good stories about your business, listening and asking questions of prospects, maintaining enthusiasm, and having big dreams of success. The overall goal is to master the art of MLM recruiting and sponsoring people into the business to help it grow substantially.
The document outlines the keys to success in network marketing: taking action, having belief in oneself, and caring about others. It emphasizes the importance of determination, effort, focus, goal-setting, accepting help from others, having an internet presence, treating customers well, persistence, building relationships, sales skills, and learning from one's sponsor over time to achieve network marketing success.
best audiobooks Network Marketing is Dead Long Live Network Marketingfusgov
This audiobook discusses how traditional network marketing is no longer effective and a waste of time and money. It explains how using new technologies like the internet, people can build huge networks and make sales automatically. The audiobook teaches listeners how to analyze network marketing companies, create multiple streams of residual income online, attract free traffic, convert leads without calling anyone, and gain leverage by duplicating automated processes for their team members. Listeners will learn how to build their network marketing business efficiently using minimum time and resources through applying the eight principles of a successful network marketing plan and understanding what types of businesses work with automated systems.
This document provides an overview of the network marketing business model. It explains that network marketing uses word-of-mouth advertising through independent distributors to sell products. Distributors can earn commissions on their own sales and on sales by others in their network. As more distributors are added, the network grows exponentially, allowing residual income to be earned from the ongoing sales of those in the network. The benefits outlined are that it allows an average person to own a business with little investment and provides flexibility to control their own time. Training and support is provided by more experienced distributors.
Multi-Level Marketing(sometimes called Network Marketing, Referral Marketing or Direct Marketing), multiple levels of people are marketing a product to consumers.
What is an mlm company or a network marketing company?
A clear definition and how it differs from traditional business, why do companies choose to go this route and how to avoid scams
Link to the full presentation:https://youtu.be/5li05N_NcRA
Mlm software by ventaforce helps to tracks accounts management, complete information about the products & services, inventory management, maintaining complete records, generation of reports to explore growth of your business.ventaforce provides satisfy solution for mlm software since 2001 and role success to be placed more than 30 plus countries.
The Insiders Guide To Affiliate Marketing Review - Is It Really Worth The Inv...Sujoy Mukherji
The Insiders Guide to Affiliate Marketing is a 92 pages affiliate marketing guidebook that will help you understand how to set up a successful affiliate marketing business from scratch. Here's an in-depth review of the Insiders Guide to Affiliate Marketing eBook and whether it is really worth the investment?
1K A Day Fast Track Review (Is It Worth The Money)Sujoy Mukherji
If you are looking for a high demanding affiliate program that has a high conversion rate on ClickBank, then you need to check out the 1K A Day Fast Track affiliate marketing program by Merlin Holmes. It is a course that guarantees you to make a steady passive income by following their creative strategies. In this 1K A Day Fast Track review, we will take a look at the course to see if it is really worth the money and what are the things you need to consider before buying it?
How to make effective sales incentive programs?Nino Mayvi Dian
The document provides guidance on creating effective sales incentive programs. It outlines three key principles: 1) incentive programs should create a perception of unlimited income potential and be easy for salespeople to earn, 2) programs should not negatively impact company profits, and 3) programs need to be clearly understood and motivating for salespeople. The document advises conducting research with salespeople to understand their views of "unlimited" income and ease of earning incentives. It also recommends linking incentives to account receivables and payments to ensure profits are not harmed. Regular communication is important to ensure salespeople understand and are motivated by the programs.
The 7 Deadly Sins of Network Marketing - If you're new in network marketing you need to read this, or even if you're a professional wanting to brush up. Thanks for reading!
Introducing Network Marketing Lifelines – Everything You Need to Know About Uplines and Downlines. Inside this eBook, you will discover the topics about upline basics, make sure your upline sponsor knows the product, make sure upline has a positive outlook, make sure upline is consistent, make sure upline has a good reputation, downline basics, learn recruiting techniques, teach duplication and the importance of training.
The document discusses multi-level marketing and direct selling. It defines direct selling as marketing and selling products directly to consumers away from a fixed retail location. Multi-level marketing is described as a strategy where salespeople are compensated for their own sales as well as the sales of those they recruit, creating multiple levels of compensation. While multi-level marketing and network marketing are generally considered synonyms, network marketing is the preferred modern term. The document outlines the differences between legitimate multi-level marketing businesses and illegal pyramid schemes, noting that pyramid schemes focus solely on recruitment rather than legitimate product sales.
The ULTIMATE Multilevel Marketing SecretsMOIZ AHMED
The Multilevel Mar The Multilevel Mar The Multilevel Mar The Multilevel MarThe Multilevel Mar The Multilevel Mar keting Conceptketing Concept keting Concept keting Concept
What is Multi-Level Marketing?
Multi-level Marketing, or MLM, is a marketing strategy which creates a down line of distributors and a hierarchy of multiple levels of compensation. The sales force is compensated not only for their own sales but also for the sales of the people they help recruit. Firms, having a large product base, often cannot employ equivalent sales force; and believe they would be better off without the traditional approach. Hence, they implement MLM to survive competition from multi-nationals.
MLM is also known as Network Marketing because it utilizes a network of individual customers to hit other potential customers. In other words, every individual customer serves as a sales representative.
How to Blow up Your Network Marketing BusinessAllen Daniels
This document outlines a strategy for growing a network marketing business without initially revealing the primary business opportunity. It recommends starting by building a team within an independent marketing system, helping those referrals become profitable, and then introducing successful members to the primary opportunity. The goals are to only have proven successful people join the primary business and to build a large, trained team quickly through leverage of the marketing system. Risks include some referrals choosing other opportunities, but the focus is on profitability at each step. When implemented properly over 30-90 days, the results could include having a very busy and successful new business.
This document summarizes an opportunity to join an independent business called Straight Edge Marketing that offers a communication product called i-Vo Technology. It outlines the benefits of financial freedom and time freedom that the business can provide. It then describes the i-Vo product, relationship-based business model, and compensation plan which includes fast start bonuses, team builder bonuses, retail commissions, override commissions, and generational bonuses. Finally, it provides an overview of the business system and training available to help people succeed.
The document provides tips for succeeding in multi-level marketing (MLM) opportunities. It recommends practicing transparent communication with recruits, having pride in the products or services being marketed, and booking at least three future product parties at each event. Additional tips include being realistic about potential income, setting daily goals, carefully reviewing company pay plans, avoiding intimidating lingo with recruits, blogging about successes, and maintaining a support team including a lawyer and accountant familiar with MLM laws and taxes. The overall message is that success in MLM comes with hard work, determination, and using the right strategies and knowledge.
This document lists 100 tactics and tools for building a network marketing business from the book "Guerrilla Multilevel Marketing". It provides the chapter titles and tactics listed in the table of contents. The tactics cover various aspects of building a network marketing business including marketing strategies, lead generation, promotions, meetings, advertising, enrolling customers, follow up, and improving results. A free download of the full list of 100 tactics is available at GMMLM.com.
This document provides guidance on finding the right franchise opportunity. It discusses evaluating your personality, desired lifestyle, and financial resources to determine if you are suited for franchising. It also covers assessing different franchise types, industries, costs, and benefits. The key steps are to research options that fit your background and goals, ask franchisors questions, and talk to existing franchisees to find the best matching opportunity.
This document discusses multi-level marketing (MLM) and analyzes whether it is considered bad or good. It outlines some of the advantages and disadvantages of MLM from both a business and Islamic perspective. The advantages include the potential for both full and part-time work, incentives for top performers, and a support system from more experienced marketers. However, the disadvantages note that significant money can be spent on expenses without guarantees of returns. Additionally, some MLM plans may be considered illegal pyramiding or manipulate products in ways that are prohibited from an Islamic view. The document does not take a definitive stance but encourages thinking carefully about the risks and perspectives.
Infinity Downline Secrets: How To Profit With Infinity Downlineaens338
This document provides strategies for becoming a top earner in multi-level marketing businesses like Infinity Downline. It recommends developing a winning mindset of self-sufficiency and perseverance. It also advises being an extremely prolific marketer by implementing more marketing activities than competitors, such as publishing more articles and videos or conducting more webinars each week. Additionally, it suggests matching your marketing methods to your temperament by choosing paid advertising strategies if you enjoy analyzing numbers or free methods like blogging if writing is enjoyable.
Discover how to EASILY build your lists from 0 to 1,000 in less than 30 days… - Are you struggling in list building? - Do you want to build your lists FAST? - Do you want to grow your networks WITHOUT spending much money?
In this explosive guide to Network Marketing, you will learn all about:
The 5 common types of plans out there to equip yourself thoroughly in your
network marketing career
The common questions that people ask about plans and how to give answers
with confidence, especially when challenged by your prospects and downlines
Recognize that marketing plans are not just about arrows and circles or numbers
and percentages but rather an integral part in network building
Proper strategic placement for your downlines to help you build a solid and stable
network as well as double or triple your income
Win over networkers from other companies to join YOU!
My goal is this: I want you to profit as much as possible from the information in this book.
And if what I write here can save you time and money (on training), I would have done
my job.
Ponder for a moment: If the knowledge here would equip you well enough to close that
ONE BIG SALE (or finding your next superstar downline) would you be overjoyed?
Similarly, wouldn’t it would be a great shame, if you didn’t know better, and at that time,
you lacked the confidence to sponsor that same person due to lack of knowledge?
Words cannot describe the feeling of loss if that were to happen to me.
Proven Methods To Help You Move Up In Your Network Marketing Businessnewdawn2012
This document provides tips for starting a successful network marketing business and avoiding common pitfalls:
- Set and stick to a budget for marketing and operating expenses.
- Maintain a positive attitude when facing setbacks by viewing them as learning experiences.
- Allocate sufficient time to work on and develop your business so it becomes more profitable.
- Show potential recruits examples of others' financial success in the business to build trust.
- Ask specific questions when seeking advice and pass knowledge on to your team.
- Develop relationships by openly sharing struggles and successes rather than just promoting products.
- Continually learn about new marketing ideas and techniques from books, videos, and forums.
- Dress business casually for
This document provides guidance for new network marketers on getting started quickly and successfully. It discusses that credentials and degrees are not necessary for success, and that approval from others is also not required. It notes that having friends and family involved is not essential either. The document emphasizes that desire, enthusiasm, and taking action are the key things needed to succeed in network marketing.
What is an mlm company or a network marketing company?
A clear definition and how it differs from traditional business, why do companies choose to go this route and how to avoid scams
Link to the full presentation:https://youtu.be/5li05N_NcRA
Mlm software by ventaforce helps to tracks accounts management, complete information about the products & services, inventory management, maintaining complete records, generation of reports to explore growth of your business.ventaforce provides satisfy solution for mlm software since 2001 and role success to be placed more than 30 plus countries.
The Insiders Guide To Affiliate Marketing Review - Is It Really Worth The Inv...Sujoy Mukherji
The Insiders Guide to Affiliate Marketing is a 92 pages affiliate marketing guidebook that will help you understand how to set up a successful affiliate marketing business from scratch. Here's an in-depth review of the Insiders Guide to Affiliate Marketing eBook and whether it is really worth the investment?
1K A Day Fast Track Review (Is It Worth The Money)Sujoy Mukherji
If you are looking for a high demanding affiliate program that has a high conversion rate on ClickBank, then you need to check out the 1K A Day Fast Track affiliate marketing program by Merlin Holmes. It is a course that guarantees you to make a steady passive income by following their creative strategies. In this 1K A Day Fast Track review, we will take a look at the course to see if it is really worth the money and what are the things you need to consider before buying it?
How to make effective sales incentive programs?Nino Mayvi Dian
The document provides guidance on creating effective sales incentive programs. It outlines three key principles: 1) incentive programs should create a perception of unlimited income potential and be easy for salespeople to earn, 2) programs should not negatively impact company profits, and 3) programs need to be clearly understood and motivating for salespeople. The document advises conducting research with salespeople to understand their views of "unlimited" income and ease of earning incentives. It also recommends linking incentives to account receivables and payments to ensure profits are not harmed. Regular communication is important to ensure salespeople understand and are motivated by the programs.
The 7 Deadly Sins of Network Marketing - If you're new in network marketing you need to read this, or even if you're a professional wanting to brush up. Thanks for reading!
Introducing Network Marketing Lifelines – Everything You Need to Know About Uplines and Downlines. Inside this eBook, you will discover the topics about upline basics, make sure your upline sponsor knows the product, make sure upline has a positive outlook, make sure upline is consistent, make sure upline has a good reputation, downline basics, learn recruiting techniques, teach duplication and the importance of training.
The document discusses multi-level marketing and direct selling. It defines direct selling as marketing and selling products directly to consumers away from a fixed retail location. Multi-level marketing is described as a strategy where salespeople are compensated for their own sales as well as the sales of those they recruit, creating multiple levels of compensation. While multi-level marketing and network marketing are generally considered synonyms, network marketing is the preferred modern term. The document outlines the differences between legitimate multi-level marketing businesses and illegal pyramid schemes, noting that pyramid schemes focus solely on recruitment rather than legitimate product sales.
The ULTIMATE Multilevel Marketing SecretsMOIZ AHMED
The Multilevel Mar The Multilevel Mar The Multilevel Mar The Multilevel MarThe Multilevel Mar The Multilevel Mar keting Conceptketing Concept keting Concept keting Concept
What is Multi-Level Marketing?
Multi-level Marketing, or MLM, is a marketing strategy which creates a down line of distributors and a hierarchy of multiple levels of compensation. The sales force is compensated not only for their own sales but also for the sales of the people they help recruit. Firms, having a large product base, often cannot employ equivalent sales force; and believe they would be better off without the traditional approach. Hence, they implement MLM to survive competition from multi-nationals.
MLM is also known as Network Marketing because it utilizes a network of individual customers to hit other potential customers. In other words, every individual customer serves as a sales representative.
How to Blow up Your Network Marketing BusinessAllen Daniels
This document outlines a strategy for growing a network marketing business without initially revealing the primary business opportunity. It recommends starting by building a team within an independent marketing system, helping those referrals become profitable, and then introducing successful members to the primary opportunity. The goals are to only have proven successful people join the primary business and to build a large, trained team quickly through leverage of the marketing system. Risks include some referrals choosing other opportunities, but the focus is on profitability at each step. When implemented properly over 30-90 days, the results could include having a very busy and successful new business.
This document summarizes an opportunity to join an independent business called Straight Edge Marketing that offers a communication product called i-Vo Technology. It outlines the benefits of financial freedom and time freedom that the business can provide. It then describes the i-Vo product, relationship-based business model, and compensation plan which includes fast start bonuses, team builder bonuses, retail commissions, override commissions, and generational bonuses. Finally, it provides an overview of the business system and training available to help people succeed.
The document provides tips for succeeding in multi-level marketing (MLM) opportunities. It recommends practicing transparent communication with recruits, having pride in the products or services being marketed, and booking at least three future product parties at each event. Additional tips include being realistic about potential income, setting daily goals, carefully reviewing company pay plans, avoiding intimidating lingo with recruits, blogging about successes, and maintaining a support team including a lawyer and accountant familiar with MLM laws and taxes. The overall message is that success in MLM comes with hard work, determination, and using the right strategies and knowledge.
This document lists 100 tactics and tools for building a network marketing business from the book "Guerrilla Multilevel Marketing". It provides the chapter titles and tactics listed in the table of contents. The tactics cover various aspects of building a network marketing business including marketing strategies, lead generation, promotions, meetings, advertising, enrolling customers, follow up, and improving results. A free download of the full list of 100 tactics is available at GMMLM.com.
This document provides guidance on finding the right franchise opportunity. It discusses evaluating your personality, desired lifestyle, and financial resources to determine if you are suited for franchising. It also covers assessing different franchise types, industries, costs, and benefits. The key steps are to research options that fit your background and goals, ask franchisors questions, and talk to existing franchisees to find the best matching opportunity.
This document discusses multi-level marketing (MLM) and analyzes whether it is considered bad or good. It outlines some of the advantages and disadvantages of MLM from both a business and Islamic perspective. The advantages include the potential for both full and part-time work, incentives for top performers, and a support system from more experienced marketers. However, the disadvantages note that significant money can be spent on expenses without guarantees of returns. Additionally, some MLM plans may be considered illegal pyramiding or manipulate products in ways that are prohibited from an Islamic view. The document does not take a definitive stance but encourages thinking carefully about the risks and perspectives.
Infinity Downline Secrets: How To Profit With Infinity Downlineaens338
This document provides strategies for becoming a top earner in multi-level marketing businesses like Infinity Downline. It recommends developing a winning mindset of self-sufficiency and perseverance. It also advises being an extremely prolific marketer by implementing more marketing activities than competitors, such as publishing more articles and videos or conducting more webinars each week. Additionally, it suggests matching your marketing methods to your temperament by choosing paid advertising strategies if you enjoy analyzing numbers or free methods like blogging if writing is enjoyable.
Discover how to EASILY build your lists from 0 to 1,000 in less than 30 days… - Are you struggling in list building? - Do you want to build your lists FAST? - Do you want to grow your networks WITHOUT spending much money?
In this explosive guide to Network Marketing, you will learn all about:
The 5 common types of plans out there to equip yourself thoroughly in your
network marketing career
The common questions that people ask about plans and how to give answers
with confidence, especially when challenged by your prospects and downlines
Recognize that marketing plans are not just about arrows and circles or numbers
and percentages but rather an integral part in network building
Proper strategic placement for your downlines to help you build a solid and stable
network as well as double or triple your income
Win over networkers from other companies to join YOU!
My goal is this: I want you to profit as much as possible from the information in this book.
And if what I write here can save you time and money (on training), I would have done
my job.
Ponder for a moment: If the knowledge here would equip you well enough to close that
ONE BIG SALE (or finding your next superstar downline) would you be overjoyed?
Similarly, wouldn’t it would be a great shame, if you didn’t know better, and at that time,
you lacked the confidence to sponsor that same person due to lack of knowledge?
Words cannot describe the feeling of loss if that were to happen to me.
Proven Methods To Help You Move Up In Your Network Marketing Businessnewdawn2012
This document provides tips for starting a successful network marketing business and avoiding common pitfalls:
- Set and stick to a budget for marketing and operating expenses.
- Maintain a positive attitude when facing setbacks by viewing them as learning experiences.
- Allocate sufficient time to work on and develop your business so it becomes more profitable.
- Show potential recruits examples of others' financial success in the business to build trust.
- Ask specific questions when seeking advice and pass knowledge on to your team.
- Develop relationships by openly sharing struggles and successes rather than just promoting products.
- Continually learn about new marketing ideas and techniques from books, videos, and forums.
- Dress business casually for
This document provides guidance for new network marketers on getting started quickly and successfully. It discusses that credentials and degrees are not necessary for success, and that approval from others is also not required. It notes that having friends and family involved is not essential either. The document emphasizes that desire, enthusiasm, and taking action are the key things needed to succeed in network marketing.
This document provides tips and techniques for successful MLM recruiting. It discusses the importance of recruiting for MLM success and describes powerful recruiting methods. Some key points include:
- Recruiting new people into your business consistently is important for building your business. MLM leaders who can recruit well tend to be most successful.
- Developing a recruiting mindset, making friends, telling good stories, listening and asking questions, enthusiasm, and having big dreams are effective recruiting techniques.
- Always focus on the prospect's wants and needs, not your own. Recruit through their perspective. Use words they understand instead of MLM jargon.
- Let prospects do most of the talking to understand them better
This document outlines the rights and restrictions for a report on building an internet home business. It can be given away, broken into parts for websites with attribution, and used as content for autoresponders and websites. However, it cannot be edited, added to products/courses, or sold. The document also provides tips for internet marketing success, including treating it as a real business, focusing on one program, developing customers, and learning advertising, marketing, and promotion skills.
1. Create quality content consistently that provides value to your audience. Content is still king for driving organic traffic.
2. Leverage social media platforms like Facebook, Instagram, Twitter, and LinkedIn to share and promote your content. Social media is a great way to gain exposure.
3. Run paid ads on platforms like Google and Facebook. Paid advertising allows you to target specific audiences and can drive a lot of traffic.
4. Build links and gain backlinks from other high authority websites in your niche. This helps improve your search engine rankings.
5. Leverage email marketing to build your subscriber
Affiliate Marketing: A Complete Step By Step Guide For Beginners John Makris
Affiliate marketing: A Complete Step By Step Guide For Beginners Explaining The Basic Strategy, The Details And The Hidden Tricks To Make Money Online Fast
Caught Up On Multilevel Marketing? Look At These Smart Recommendations!Golconda Enterprises
Mlm is a business model that can be effective if you put in the work required. Before starting, understand the compensation structure to know if the time investment will be worthwhile. Some view mlm as just signing up recruits, but try to have a positive impact. Visualize your success clearly as network size directly impacts earnings. Learn from failures by analyzing what went wrong so you can improve. Track goals on a board to stay motivated towards purchasing big-ticket items. Develop email lists to effectively market your products and increase your business. Get expert knowledge in your products so your passion convinces others to join or buy. Let conversations guide marketing based on the other person's needs to better sell your products. Mlm can provide emergency funds
The Guide To Succeeding In The Home Business Worldteflondon14
Network marketing allows some to supplement their income during tough economic times, but it requires working hard and staying focused. It is important to visualize success and use positive visualization techniques when building a large network. Maintaining an online presence through a website, blog, and social media can help grow your network. While devoting significant time at first, a balanced work and personal life should be established. People will make their own choices about products, so present options and listen to customer needs. Modeling successful uplines and leaders can enhance your approach and lead to climbing the ladder of success through learning from mistakes and successes of others. Social media provides new ways to market products and ideas.
With the growing age of technology and the ease that comes with it in more
departments, more and more people are looking for ways to use it as a source of
income and find ways to work from it without having to leave their houses remotely! One
field of work that provides this feasibility is Affiliate Marketing, and it has grown mainly in
the few previous years. It has grown so massively that it has shifted from being a
secondary source of income to a primary source of income for many people.
Make Money While You’re Tucked Comfortably In Bed.
No Experience - No Technical Skills - No Hosting - & No Product Creation Required
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This document discusses how to build a successful brand and high-performing team. It emphasizes the importance of having a clear brand vision and objectives focused on distinction, added value, quality, structured communications, direction, and innovation. It also stresses the importance of open communication, clear roles and goals, leadership support, and coordination within a team to achieve projects effectively. Regular updates and participation from leadership helps build trust while allowing independence. The key is properly aligning all members' efforts like a puzzle to achieve success.
This document discusses how to build a successful brand and high-performing team. It emphasizes the importance of having a clear brand vision and objectives focused on distinction, added value, quality, structured communications, direction, and innovation. It also stresses the importance of open communication, clear roles and goals, leadership support, and coordination within a team to achieve projects effectively. Regular updates and participation from leadership helps build trust while allowing independence. The key is properly aligning all members' efforts like a puzzle to achieve success.
This document provides terms and conditions for a legal notice. It strives to be accurate while noting that errors may occur. It assumes no responsibility for errors, omissions, or interpretations. Practical advice is provided, but readers are advised to rely on their own judgment. The document is not intended as a source of legal, business, or financial advice.
Turning into an affiliate marketer is a fantastic system for bloggers hoping to up their present salary or even to start bringing in cash from their blog. There are a few choices with regards to the whole field of affiliate marketing, including tactics and strategies to make affiliate marketing work for you. Before we get started on how to go about making affiliate marketing into a career, let’s learn about some much-needed basics.
Network Marketing Suggestions That Can Make A Huge Differenceericko37
This document provides several tips for achieving success in network marketing. It recommends learning from both successes and failures, mimicking the strategies of successful leaders, and continually evaluating and refining goals and strategies over intervals of 90 days or less. Additionally, it suggests testing products before marketing them to determine if they will truly be successful and benefit customers. The overall message is that success in network marketing depends on gaining knowledge of effective strategies and techniques and persistently working to implement them.
Multi-Level Marketing Smart Tips To Propel You Forwardezprofit
This document provides tips for being successful with multi-level marketing (MLM). It recommends visualizing success and learning from failures to improve your strategy. Having concrete goals and considering outsourcing some tasks can help maximize your success. Mimicking successful leaders' approaches is also suggested, as is putting customers first and testing products before marketing them. The overall message is that understanding MLM and applying diverse advice can propel you forward in your business.
This document discusses the "Contribution Factor" as the key to marketing professional services effectively. It outlines seven marketing principles, with the Contribution Factor at the core. The Contribution Factor means providing value to prospects at every stage by focusing on their needs rather than just talking about yourself. The principles discussed are: 1) Marketing as a game to move prospects through stages, 2) Developing an expansive marketing mindset, 3) Using contribution-focused marketing messages, 4) Having contribution-focused conversations, 5) Providing high-value marketing materials, 6) Implementing effective marketing strategies, and 7) Tracking results and refining efforts. The overall message is that focusing on contribution makes marketing easier and attracts the right
The ultimate guide to affiliate marketing. With the growing age of technology and the ease that comes with it in more departments, more and more people are looking for ways to use it as a source of income and find ways to work from it without having to leave their houses remotely! One
field of work that provides this feasibility is Affiliate Marketing, and it has grown mainly in the few previous years. It has grown so massively that it has shifted from being a secondary source of income to a primary source of income for many people.
How to Invest in Cryptocurrency for Beginners: A Complete GuideDaniel
Cryptocurrency is digital money that operates independently of a central authority, utilizing cryptography for security. Unlike traditional currencies issued by governments (fiat currencies), cryptocurrencies are decentralized and typically operate on a technology called blockchain. Each cryptocurrency transaction is recorded on a public ledger, ensuring transparency and security.
Cryptocurrencies can be used for various purposes, including online purchases, investment opportunities, and as a means of transferring value globally without the need for intermediaries like banks.
In a tight labour market, job-seekers gain bargaining power and leverage it into greater job quality—at least, that’s the conventional wisdom.
Michael, LMIC Economist, presented findings that reveal a weakened relationship between labour market tightness and job quality indicators following the pandemic. Labour market tightness coincided with growth in real wages for only a portion of workers: those in low-wage jobs requiring little education. Several factors—including labour market composition, worker and employer behaviour, and labour market practices—have contributed to the absence of worker benefits. These will be investigated further in future work.
University of North Carolina at Charlotte degree offer diploma Transcripttscdzuip
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Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
The Rise and Fall of Ponzi Schemes in America.pptxDiana Rose
Ponzi schemes, a notorious form of financial fraud, have plagued America’s investment landscape for decades. Named after Charles Ponzi, who orchestrated one of the most infamous schemes in the early 20th century, these fraudulent operations promise high returns with little or no risk, only to collapse and leave investors with significant losses. This article explores the nature of Ponzi schemes, notable cases in American history, their impact on victims, and measures to prevent falling prey to such scams.
Understanding Ponzi Schemes
A Ponzi scheme is an investment scam where returns are paid to earlier investors using the capital from newer investors, rather than from legitimate profit earned. The scheme relies on a constant influx of new investments to continue paying the promised returns. Eventually, when the flow of new money slows down or stops, the scheme collapses, leaving the majority of investors with substantial financial losses.
Historical Context: Charles Ponzi and His Legacy
Charles Ponzi is the namesake of this deceptive practice. In the 1920s, Ponzi promised investors in Boston a 50% return within 45 days or 100% return in 90 days through arbitrage of international reply coupons. Initially, he paid returns as promised, not from profits, but from the investments of new participants. When his scheme unraveled, it resulted in losses exceeding $20 million (equivalent to about $270 million today).
Notable American Ponzi Schemes
1. Bernie Madoff: Perhaps the most notorious Ponzi scheme in recent history, Bernie Madoff’s fraud involved $65 billion. Madoff, a well-respected figure in the financial industry, promised steady, high returns through a secretive investment strategy. His scheme lasted for decades before collapsing in 2008, devastating thousands of investors, including individuals, charities, and institutional clients.
2. Allen Stanford: Through his company, Stanford Financial Group, Allen Stanford orchestrated a $7 billion Ponzi scheme, luring investors with fraudulent certificates of deposit issued by his offshore bank. Stanford promised high returns and lavish lifestyle benefits to his investors, which ultimately led to a 110-year prison sentence for the financier in 2012.
3. Tom Petters: In a scheme that lasted more than a decade, Tom Petters ran a $3.65 billion Ponzi scheme, using his company, Petters Group Worldwide. He claimed to buy and sell consumer electronics, but in reality, he used new investments to pay off old debts and fund his extravagant lifestyle. Petters was convicted in 2009 and sentenced to 50 years in prison.
4. Eric Dalius and Saivian: Eric Dalius, a prominent figure behind Saivian, a cashback program promising high returns, is under scrutiny for allegedly orchestrating a Ponzi scheme. Saivian enticed investors with promises of up to 20% cash back on everyday purchases. However, investigations suggest that the returns were paid using new investments rather than legitimate profits. The collapse of Saivian l
TEST BANK Principles of cost accounting 17th edition edward j vanderbeck mari...Donc Test
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[4:55 p.m.] Bryan Oates
OJPs are becoming a critical resource for policy-makers and researchers who study the labour market. LMIC continues to work with Vicinity Jobs’ data on OJPs, which can be explored in our Canadian Job Trends Dashboard. Valuable insights have been gained through our analysis of OJP data, including LMIC research lead
Suzanne Spiteri’s recent report on improving the quality and accessibility of job postings to reduce employment barriers for neurodivergent people.
Decoding job postings: Improving accessibility for neurodivergent job seekers
Improving the quality and accessibility of job postings is one way to reduce employment barriers for neurodivergent people.
Madhya Pradesh, the "Heart of India," boasts a rich tapestry of culture and heritage, from ancient dynasties to modern developments. Explore its land records, historical landmarks, and vibrant traditions. From agricultural expanses to urban growth, Madhya Pradesh offers a unique blend of the ancient and modern.
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A toxic combination of 15 years of low growth, and four decades of high inequality, has left Britain poorer and falling behind its peers. Productivity growth is weak and public investment is low, while wages today are no higher than they were before the financial crisis. Britain needs a new economic strategy to lift itself out of stagnation.
Scotland is in many ways a microcosm of this challenge. It has become a hub for creative industries, is home to several world-class universities and a thriving community of businesses – strengths that need to be harness and leveraged. But it also has high levels of deprivation, with homelessness reaching a record high and nearly half a million people living in very deep poverty last year. Scotland won’t be truly thriving unless it finds ways to ensure that all its inhabitants benefit from growth and investment. This is the central challenge facing policy makers both in Holyrood and Westminster.
What should a new national economic strategy for Scotland include? What would the pursuit of stronger economic growth mean for local, national and UK-wide policy makers? How will economic change affect the jobs we do, the places we live and the businesses we work for? And what are the prospects for cities like Glasgow, and nations like Scotland, in rising to these challenges?
KYC Compliance: A Cornerstone of Global Crypto Regulatory FrameworksAny kyc Account
This presentation explores the pivotal role of KYC compliance in shaping and enforcing global regulations within the dynamic landscape of cryptocurrencies. Dive into the intricate connection between KYC practices and the evolving legal frameworks governing the crypto industry.
2. Network Marketing Structure – Part 1 Inovingebooks.com
Gift CoachingCoachSeries.com 2
Network Marketing Structure –
Part 1
“Dissecting Network Marketing’s Compensation
System To Maximize Profits & Even
Start Your Own Company!”
LEGAL NOTICE
The Publisher has strived to be as accurate and complete as possible in the creation
of this report, notwithstanding the fact that he does not warrant or represent at any
time that the contents within are accurate due to the rapidly changing nature of the
Internet.
While all attempts have been made to verify information provided in this publication,
the Publisher assumes no responsibility for errors, omissions, or contrary
interpretation of the subject matter herein. Any perceived slights of specific persons,
peoples, or organizations are unintentional.
In practical advice books, like anything else in life, there are no guarantees of income
made. Readers are cautioned to reply on their own judgment about their individual
circumstances to act accordingly.
This book is not intended for use as a source of legal, business, accounting or
financial advice. All readers are advised to seek services of competent professionals
in legal, business, accounting, and finance field.
You are encouraged to print this book for easy reading.
3. Network Marketing Structure – Part 1 Inovingebooks.com
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TABLE OF CONTENTS
Those Who Fail to Plan, Plan to Fail 5
Terminology and Jargon You Can’t Live Without 7
Clearing Out Common Misconceptions 9
Recognizing Basic Plan Mechanics 11
Point Value to Cash Calculation 12
Payout Transparency 14
Buy Back Policy 16
Breakaway 17
Infinity Bonuses and Blocking 20
Summary and Closing 24
4. Network Marketing Structure – Part 1 Inovingebooks.com
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Network Marketing Pitfalls
“Discover the Pitfalls & Traps in Network Marketing
that You Can Avoid – Saving You TONS of Time,
Money & Mistakes!”
Network Marketing Structure –
Part 1
Dissecting Network Marketing’s Compensation System
to Maximize profits & Even Start Your Own Company!
5. Network Marketing Structure – Part 1 Inovingebooks.com
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Those Who Fail to Plan, Plan to Fail
Welcome to Network Marketing Structure – Part 1! This book is the first part of an
exciting 2 part series.
Why have I written this book? If you are familiar with the network marketing industry,
you will have no surprise why the majority of new distributors or networkers spend a
lot of time in network marketing training because they simply don’t understand
how the compensation or marketing plan in their company works!
Every year, network marketing companies and teams spend thousands on
marketing plan training because many people simply find marketing plans today too
confusing or people just don’t take network marketing serious enough to be well
equipped.
Isn’t this alarming? Consider this:
Would you be in a profession if you don’t know your career path?
Would you work in a job if you don’t know how much you are getting paid?
Would you give away money for free?
We all know the answers to these questions, BUT, in network marketing, proper
understanding of the marketing plan (not only yours but others in the industry) will not
only save you lots of time, but will also determine the rest of your network
marketing career! This is even more so for people who plan to start their own network
marketing company offline or online.
When I first started out with my network marketing career, I was so clueless about my
company’s plan that it was almost laughable. When my prospects ask me how much
do I get paid at this level, I would call my upline in front of the prospect and ask him the
questions. Towards the end of the prospecting session, I think I must have called my
upline at least 4 times! (Thankfully the prospect signed up)
I have also seen people lose thousands of dollars because of wrong placement of the
downline causing massive residual income to be wasted due to poor planning and lack
of understanding. You don’t need to be a mathematical genius to understand
plans, just simple calculation and mechanics to master.
After you are done with this book, you will learn how to:
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Differentiate between typical plans and how to make money there
Choose a good network marketing company based on how good is their
plan
Develop confidence in front of your prospects
Close the deal with other networkers by simply stressing the benefits of
your plan over theirs and bring them into YOUR organization
Develop a strategy to building your network for the long term
Avoid costly mistakes by placing your new downlines under the right people
to maximize your profits
Start from scratch your own network marketing company the right way
(whether it be online or offline) saving you heartache and disaster!
Now, let’s get ready to dissect the plan!
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Terminology and Jargon You Can’t
Live Without
If you expect to start a successful network marketing company or build a very large
network, you had better get familiarized with the terminology or jargon!
Builder
A builder is a distributor who is actively looking for downlines. A builder is not the same
as a customer who only consumes the products or recommends them to friends.
Upline
You are in their organization. An upline usually earns commission from your group
volume. You may have several uplines possibly up to 10-20 levels in depth. Normally,
an upline is responsible for your success. An upline may not necessarily be an upline
leader/mentor.
Upline Leader/Mentor
This is an upline that you actively seek counseling from on how to build your business.
They are here to guide you and are here to mentor you and make sure you succeed in
the business.
Sponsor
You are directly under him or her. Normally they are the one who introduced you to the
company.
Downline
They are in your organization. Depending on the nature of the plan, your commission
from their group usually is smaller the deeper they are in the organization. Sometimes,
your downline’s downline could be many levels deep in your organization so you might
not even know him personally.
Sideline/Crossline
These people are not in your organization and neither are you in theirs. Basically there
are no monetary relationship between your group and the sideline’s group. However,
depending on the culture promoted in the company, they are either perceived as the
worst competitors, or valuable allies. Take note also, that somewhere along the line,
they are also in your upline’s group, so helping your sideline means helping your upline
and his group.
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Front Line
These are downlines that are personally sponsored by you or are directly under you.
You must be directly responsible for their success because you are the one who
introduced them to this business. Furthermore, the development of your frontline will
determine the success and failure of an entire downline group.
Leg
A leg is a downline group in your network starting from the person you personally
sponsored. He and all the downlines under him are considered one of your legs. A
distributor usually develops many legs simultaneously.
Width
The number of people you can personally sponsor. Matrixes and Binaries usually limit
the maximum width. Normally a strong downline is one that builds and develops a very
large width.
Depth
Depth refers to the level of your downline’s downline. A person who has build depth
usually has a secure organization.
Override
An override means you are paid a certain percentage over your downline’s group.
Normally an override is calculated on your frontline only.
Profit Sharing Pool
Profit sharing is a bonus that is paid out to achievers who have reached certain
conditions in the marketing plan. A pool is a collection of sales volume from distributors
all over the company regardless of whether the sales volume comes from your
sideline.
Maintenance
A mandatory (sometimes optional depending on certain criteria) sales volume a
distributor must achieve. Often maintenance is done to override your downline,
become eligible for profit sharing, or maintain a certain rank or even the distributorship.
Normally this is enforced because the company needs to make money as well.
Total Payout
This means that a percentage of a product sold by the company that is set aside for
distributors and retail sales only. The company only keeps the remainder.
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Clearing Out Common
Misconceptions
Let’s clear up some common misconceptions regarding compensation plans both for
the distributor and the company.
The compensation plan is not important; all I need to do is recruit people
A good plan will make or break a company. Survivability among distributors is
one of the main causes of attrition. Would you be as excited as when you first
started if you are not making money?
Factors like payout, maintenance and even the joining fee are crucial. If a company
has quite a high maintenance and their distributors are not making money, they will
drop out even faster.
I will only be a serious builder once I find the best compensation plan
There are people who do not work hard enough in their business, that they
blame the plan for their failure.
They blame the plan, the management, or even call them a scam. If you decide to
leave a company for a better plan, make sure you leave strictly based on business
reasons and not to justify your failure!
I must explain the entire plan to the prospect so that he understands
If you explain the plan to a new person, chances are he will get very confused
and he might not sign up.
Keep the plan simple and explain in terms of benefits instead of features.
If you are starting your own network marketing company, outlining the benefits
and writing in terms of potential earnings is more advisable because most
people want don’t want to think too much.
If I want to start my own network marketing company, all I need is a good plan only.
Ultimately, the success of a network marketing company depends on many factors.
The most important factor is who is managing the company. Even a company that is
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making the most money will still fall apart if it is not backed by a solid management
team.
Other factors also include having a viable product. A good product ensures repeat
sales and cash flow for both the company and the distributors. The plan should be
designed to complement and synergize with all the other elements. At any time, each
element should not be designed at the expense of the other.
If the company has a high payout to the distributors, everyone will join the company
If everyone in the company is enjoying extremely high commissions, you must observe
the product more carefully. If a product’s mark-up is too high, it may be good for the
distributors in the short term, but in the long run, high retail mark-up will hurt the
consumers and devalue the product.
A product must rely on good repeat sales and reasonable mark-up at the retail level or
else the company will not survive long. Most companies simply grab any product and
give it a crazy mark-up so that it attracts many builders without any thought of its long
term survivability.
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Recognizing Basic Plan Mechanics
Now that we are very clear how important it is to learn about marketing plans, let us
seek to understand more about its basic mechanics. This will be covered over a course
of a few books.
Over the next few pages, I will outline the basic plan mechanics and outline its benefits
based on the following topics:
1. What downline building strategies are the best?
2. How well does it synergizes with the product?
3. If I start a company with this feature, what are the strengths and weaknesses?
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Point Value to Cash Calculation
Point value, or PV in most network marketing usually relates to a monetary value that
translates into how much money you will get after purchasing a product from the
company. An illustration would look like this:
SCENARIO 1
Let’s say, a product costs $100 and each dollar spent on the product gives you 1 PV:
I get paid on 100 PV for purchasing $100 worth of products and if I am eligible for 10%
override, I earn $10
Hence the dollar to PV ratio is $1:1 PV – a dollar to dollar equal comparison
SCENARIO 2
Sometimes, the same price of a product will only give you 0.5 PV for each $1 spent.
I get paid on 50PV for purchasing $100 in this scenario. If I am eligible for 10%
override, I earn only $5
Hence the dollar to PV ratio now is $2:1 PV – you don’t get as much as 1:1
because you have to spend more to earn more points
SCENARIO 3
Certain companies might give away promotions for products and offer $1:1.1 PV so if
you buy $100, you get paid on $110 value. At 10%, I earn $11 – more commission
from the company on the product for less spent buying it,
Downline Building Strategies
If I need to generate large volume for my group this month, I would ask my downlines
to focus more on selling or moving products that give a higher point value. That way,
everyone spends less but earns more.
Product Synergy
Products on promotions usually give a higher PV ratio. Other products that are
outsourced (acquired from outside companies) usually give either a smaller PV or the
same PV but a smaller business volume because they have to pay to the outsourced
company as well. These products pay the distributor less but give more variety on
the business catalogue.
Starting a New Company
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Giving a high dollar to PV ratio usually encourages the distributors since they get paid
more for the same effort. If I were to focus on moving high ticket items (like water
filters, air treatment systems or expensive cookware) I would offer a higher PV
incentive to distributors to move these items and go for the big bucks.
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Payout Transparency
A company’s marketing plan must be as transparent as possible and written in a
simple way that can be understood by veteran and newbies alike. Payout transparency
refers to the portion of money that is paid back to the distributors listed in detail.
Here is an example:
The company keeps 35% of the
product. That means 65% is
paid out to the distributors
In this case, the company actually
declares the payout in the official
marketing plan.
If the percentages are not written
Out clearly, then you will not
know where the money goes to.
Downline Building Strategies
A transparent payout is useful to motivate your downline especially new prospects who
are evaluating the company. By teaching your downline to understand what all these
percentages mean, you can effectively close more sales.
Product Synergy
This is very important for the product because too high a mark-up of the product
means it will be very hard for retail customers (people who are not members of the
company) to afford the product. In Multi-level Marketing, you have to pay to many level
of distributors so if a product can sell without being people joining the company, then
there is strong demand for the product.
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Starting a New Company
Calculate the payout before hand and most of all; decide the total mark-up. Be careful
especially in Binary Plans (which will be covered in the next book) because you don’t
want to overpay your distributors or else your company will go into bankruptcy.
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Buy Back Policy
A buy back policy is a clause in the company’s terms and conditions where it protects
its distributors in case they quit their business and want their money back. Normally
this applies more to offline companies.
A very strong company usually has money back guarantees for their products even
after the product has been used halfway or if the product is totally used up. This kind of
satisfaction guarantee normally compels the company to absorb the risk because there
will always be lots of quitters in network marketing or people who want to rip the
company off trying the product for free.
In most countries, they offer either a 10 day cooling off period, or a 6 months to one
year period where they will refund 90% to 100% of the products (whether used or
unused depending on the company) due to the laws of the country or by the Federal
Trade Commission.
Downline Building Strategies
A buy back policy forces the upline to be at his best because the moment a downline
exercises a buy back policy, he might lose future potential income or even has his
commission recalled or deducted. This is quite normal as in network marketing, the
upline must go all out for the downline and make sure they succeed. A good way to
prevent buy backs is to train the downline to be good product users so that even if they
quit in the business, they will always remain loyal customers.
Product Synergy
In network marketing (or direct selling), testimonial of a product is critical as it is the
driving force of the industry. Citing a money back guarantee gives prospect the
confidence to try the product.
Starting a New Company
If you decide to include a money back guarantee in your new company, you must be
very careful as you are absorbing the costs for any type of refunds. It is no point to
keep a customers money anyway no matter how much you try to stop them from
getting back as complaints to the consumer associations or even BAD word-of-mouth
can destroy your reputation. In the end of the day, you must make sure your product is
superb or else people will accuse your company for being a Ponzi or Pyramid Scheme.
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Breakaway
Breakaway is a feature found in most Unilevel or Stairstep plans where a downline
reaches a target faster than his upline.
Here is an example:
SPONSOR 9% override
DOWNLINE 12% override
A B C
Let’s in this company, you need to recruit three downlines in order to advance from
having a 9% commission to 12% commission. The SPONSOR has to recruit 3
downlines then only he goes to 12% but his downline achieves this criterion before
him.
This is a very common scenario on network marketing because you can’t possibly as a
downline to slow down (it is HIS business after all) and different people put in different
amount of effort.
Depending on the company plan, a breakaway in this case means that the upline will
no longer be eligible to receive commissions from the downline group forever. The
commission that is due to the UPLINE will go to HIS UPLINE (the one even higher up)
who has achieved the rank higher than all those under him. In some cases, the
downline will even bypass his sponsor and his entire group will join his new upline
(see diagram)
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DOWNLINE
CBA
UPLINE
SPONSOR
Downline Building Strategies
It is very important to understand that the upline and the downline are all part of a team
and as a team you have to work together. At the same time as helping the downline,
the upline must work his own share as well. In some cases, depending on the
relationship within the team, the downline may opt to ‘wait’ for his upline so all can
achieve the goal together without leaving anyone behind.
Proper team planning and relationship building is very important to prevent factors like
sabotage (the upline deliberately ‘slowing down’ the downline to prevent breakaway).
Product Synergy
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In spite of the disadvantages of breakaway, it is very important for the upline to put in a
lot of hard work. For example, if an upline sees his downline growing very fast, he will
work harder to generate more product sales so he will be eligible for bonuses and also
‘catch up’ with his downline.
Starting a New Company
Breakaway has his advantages and disadvantages. The advantage is that it rewards
distributors for hard work. Whoever recruits more or moves more products gets more
rewards. This is very important for the company as you don’t want to pay out
unnecessary commission to free-loaders. The disadvantage as the company, you must
strike a balance between to fairly reward all parties. This is tricky and requires
planning.
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Infinity Bonuses & Blocking
A company may pay an achiever up to infinity levels of commission once he has built a
solid organization.
Normally this reward system is useful for people who step up to the challenge to be
leaders and are willing to work depth in his organization. Infinity bonuses also reward
those leaders who help their downlines no matter how deep below they are within the
organization.
Observe the diagram below:
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Overrides 3% STAR AMBASSADOR
Up to Infinity Levels
Paid up to
Infinity
Levels
Deep
As you can see, the star ambassador is like a leader who is servicing his entire
downline group and therefore, he deserves to be paid 3% from everyone in the group.
When a downline reaches a level that is similar or higher than the upline (in this
example, let us call him a STAR AMBASSADOR), the upline usually only receives
infinity level overrides up to the downline that is also a Star Ambassador. This feature
is known as BLOCKING.
Observe the next diagram:
Downline Group
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STAR AMBASSADOR
Overrides 3% up to
Infinity Levels until
The Next Star Ambassador
Blocked
At the
Next
Star
Ambassador
No more 3%
Commission
From This
Level Onwards
DOWNLINE
STAR
AMBASSADOR
Downline Group
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Note: There are more bonuses to be awarded to the upline for nurturing a strong
downline. Normally in the form of bonuses or eligibility for higher ranking.
Downline Building Strategies
Identify the strongest ones in your downline group and train them to become leaders
so you will be able to leverage on them. In other words, that downline will keep on
building the group long after you have stopped being directly involved with them.
Although you may not draw infinity bonuses from their group, the company usually will
give you a leadership bonus on the downline leader’s group. Usually the leadership
bonus is smaller than the override or retail bonus, but it is like getting a smaller slice
of a much, much larger pie.
Product Synergy
Infinity bonuses can be really powerful and generate massive residual income if done
right. If you were to train all your downlines in your group to be loyal product users, and
you were to get 3% from all the volume, you will earn something like this:
3% * 1000 downlines (each buying $500 every month) = $15,000 monthly!!!
Starting a New Company
If I were to start a new company and give out infinity bonuses, you have to be very
precise on the blocking system especially when you are using a binary plan (because
of overpaying).
This is a topic that is very plan specific which I will not discuss here but will be
explained in a later book.
The rule of thumb to remember is this:
Reward leadership and do not cater to free loaders!
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Summary and Closing
There you go! You have just run through the basics of Network Marketing Structure:
Part 1!
A quick recap of what you have just learnt:
Why marketing plan training is very important
By mastering it, save you time and money on training and lost sales
Learning all the important terminology
Discovered the truth regarding marketing plan misconceptions
Strategize how to build your downline with the information
Know the importance of Point Value to Cash Calculation, Payout
Transparency, Buy Back Policy, Breakaway, Infinity Bonuses and Blocking
ALL this is just the icing on a delicious cake. In the next chapter, you will learn
Manipulating marketing plan mechanics to climb the ladder of success
faster
Mastering the pitfalls of demotion
Maximizing your profits with stocks that can be used to sponsor new
downlines
How to use maintenance to your advantage regardless of which company
you are a part of
Lots more diagrams and illustrations on exciting new topics!
Read part 2 now to find out how you can take one more step towards network
marketing success!
SEE YOU AT THE TOP!