Monday, 16 July 2012

Steps to take in MLM Sponsoring


Sponsoring other people is the life blood of any MLM business. The more people you sponsor, the more money you make. But caution has to be applied when sponsoring people. You have to ask yourself some important questions.
·         Are you offering real value to your potential recruits?
·         Do you believe the products/opportunity will benefit the recruit?
·         Will you do everything in your power to ensure your recruit succeeds?
If your answer to all of these is "Yes", then you can go ahead to convince the person of the need to join the business.
Now that you have decided that you want to go ahead, you can use the following steps.
·         Be nice to people that you come in contact with. You may not talk to them about the opportunity immediately, but a relationship can develop which you can use to your advantage in future.
·         Talk to friends, family members and colleagues. Chances are that they are more likely to believe you because you already have a relationship with them. Most are usually skeptical though, but don't let that deter you because they usually come around when they start seeing tangible results.
·         Make it a goal to talk to an average of 10 people a day.
·         Give your prospects training materials. You can buy pamphlets, CDs, or even write some materials and give to them to read. You can also collect email addresses of prospects and send them regular training materials, or refer them to educating websites, or even create your own website. The idea is to make them realize that succeeding is possible, and get them interested enough to sign-up.
·         Invite prospects to your company's training meetings regularly and make sure you attend the meetings as well. This is important to make sure they sign up under you. When you are not physically present, they may sign up under other distributors.
·         If attending company meetings is not convenient, arrange meetings in your house and invite your sponsor or one of your upliners who has good presentation skills to speak to them.
·         Use notice boards effectively. Write interesting articles on your business and paste on your notice boards. Don't forget to write your contact details conspicuously. This helps in screening the curious from the interested as only the interested ones will contact you.
·         You can share flyers to people, especially those who you don't have much time to talk to, like customers at your work place. Where you can, chip in a word or two about your business. People respond better to face to face conversations than to write-ups, so try as much as possible to combine the two.
·         Follow-up is very important for all prospects. Send regular emails which are rich in information weekly or twice weekly. If you send every day, your prospect may consider it as spam and stop opening your mails. Also call once in a while, but not too often, otherwise, he/she might stop picking your calls. Calls are important because your prospect may need the trigger of your voice to finally make up his/her mind.
·         Continue with these strategies consistently. You can set up a timeline/schedule of activities monthly to keep you organized.
·         You can also promote the products of your company this way. You will then have regular repeat customers who you sell the products you compulsorily have to buy monthly. That way, you do not lose any money.
·         It is as important to follow up your recruits as it is to follow-up prospects. Call them regularly, give them training materials, make them watch you talk to prospects, teach them all you know about the business. You can set targets for them, for example, tell them to recruit one person per week, and monitor them to know if they are doing well. Make yourself easily accessible to them. You can also recruit people under them to encourage them. Your recruits are your team members, so you should arrange regular meetings with them to discuss your difficulties and proffer solutions. Also introduce them to motivational books, tapes etc.
If your support system is good, your team members will be satisfied and there will be less dropouts. This way, you’ll raise people who will keep on doing the work in future while you smile to your bank. If your support system is bad, you will lose more than 80% of your team members and you'll need to work consistently hard to replace them.  There are a lot more tips, which we'll share with time, but these tips are enough for a start.
Join our FLP team today. Call 08035087631 or visit http://diary-of-a-network-marketer.blogspot.com/ for more details.    

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