The Business Plan That Changes Your Odds Of Success

| Posted: 30-12-2007 | Comments: 0 | Views: 21 | Rating: (51)

(?)

Research shows that historically only two to three percent of people succeed in network marketing. If you aren't in this group of people, then here is an overview of a business plan that increases your chance of success, no matter what company you are associated with. The four steps in this proven plan are: leads, sales, consumption, and duplication.

Lead Generation

The first step in this business plan is to generate targeted leads. This does not mean paying for or buying leads from lead companies. This is about having your own website (not a replicated website) and owning your traffic. In other words, setting yourself up to be the master of your own destiny.

You will need to use the internet to your own advantage to build qualified traffic. This is best done through establishing yourself as a brand. This means that you will need to differentiate yourself so that you stand out as being a unique voice. Sometimes this can be called attraction marketing. However, what it really is, simply, is using internet marketing tools and techniques to build your business.

As part of the process to establish yourself as a brand, you will need to establish yourself as an expert in an area of your business. This may sound difficult but is actually again a simply process. Once you have decided on the topic area, you will need to develop content for your website. This will enable you to build traffic using internet marketing techniques. In turn this will build your reputation as an expert in the field which will attract people to you. Some of these people will contact you about your business.

A key benefit of the attraction marketing technique is that you do not need to chase leads or prospects. Instead, you set up a system where those who are interested actually contact you. That way, you are only dealing with those who do have an interest in what you have to offer. These people are far easier to work with and you will be more effective in building your business.

Sales Conversion

There are basically two types of sales conversion in this business plan - the products you are promoting and the business opportunity. The first focus should be on the product, as in all likelihood, that is the reason the person has found your site. Then, when some of them show an interest in the business opportunity, you can move to introduce them to the business model and how they can profit.

To convert your interested prospects into sales of either type does rely on selling skills, no matter what anyone may tell you. Therefore, spend some time learning the basic selling skills. It is also worth learning basic web copywriting skills too. However, as you are dealing with prospects that have approached you, in many cases they will have already sold themselves which will make your task easier.

Ongoing Consumption

The success of any network marketing business is based on consumption. Otherwise it is only a "house of cards" that will blow over. Aim to have your regular loyal users of your product or service signed up for auto-shipments. This provides a very effective way of conducting business that enables you to spend more time working on your business, rather than in your business.

Also, there is no reason why you cannot diversify your income streams - you don't have to show loyalty to only one company. Many people will visit your website but only a few will become customers or be involved in the business. There are a number of ways you can work to make money from the traffic you receive so that you can profit. Some tools include placing Adsense to your site, selling advertising space, promoting related affiliate programs, etc.

Duplication

The only focus you have should have is to build a sustainable business. As part of this, you need to coach and mentor your business builders in the same business plan concepts that you have found successful - including encouraging them to be their own unique voice too. Through doing this, you will build a surprisingly strong and loyal downline that is a key strength in your future business success.

So there it is - the business plan that improves your odds of success in your network marketing business. If you put these into action diligently, and adopt a "get rich slowly" approach, then you will experience success in this business to a significantly greater degree than you have previously. Here's to your success!

Rate this Article:

Current: 0 / 5 stars - 0 vote(s).

Article Tags: MLM, Network Marketing, Business Success, Home Business, Business Plan, Success Factors

Article Source: http://www.articlesbase.com/home-business-articles/the-business-plan-that-changes-your-odds-of-success-293133.html

Print article

Send to friend

Publish this Article

Author feedback

About the Author:

Article by Kevin Sinclair of Net-MLM-Profits.com/. For resources on the business plan and success factors mentioned in this article, please visit http://net-mlm-profits.com/nmsbi/.

Submitting articles has become one of the most popular means of generating quality backlinks and targeted traffic to your website. Join us today - It's Free!

Article Comments

Add new Comment

Your Way To Online Success In Network Marketing
By: Kevin Sinclair | 10/12/2007 | Home Business

Successful Home Business Tips
By: Kevin Sinclair | 15/09/2008 | Home Business

How To Create Your MLM Prospecting System
By: Kevin Sinclair | 24/02/2007 | Home Business

Simple Network Marketing Success Habits You Can Learn
By: Kevin Sinclair | 03/10/2007 | Home Business

4 Steps To Improve The Editing Of Your Own Writing
By: Kevin Sinclair | 28/04/2007 | Non-Fiction

Leverage: The Solution For Your Home Based Business
By: Kevin Sinclair | 27/10/2007 | Home Business

What You Should Be Looking For In A Network Marketing Business
By: Kevin Sinclair | 30/11/2007 | Home Business

Could These Be The Reasons Your MLM Business Is Failing?
By: Kevin Sinclair | 20/12/2006 | Home Business

Got a Question? Ask.

Ask the community a question about this article:

Frequently Asked Questions

What is best recession proof business to start?
By: EZStopSmoking | 03-10-2008
What is the best recession proof business to start? www.RecessionProof-business.com

Does stay at home moms are more interested in ...
By: Kat | 01-10-2008
Does stay at home moms are more interested in starting a home busienss than other females in the work force? If the answer is yes, click here to visit this site

How to find Free Distributor Opportunities
By: EZStopSmoking | 29-09-2008
How do I find free distributor opportunities? www.Warranties-For-Less.com

Looking for an honest working at home business
By: Frank | 29-09-2008
MAKING MONEY PROGRAMHow I can find a really true home business, working at home or money making program that are easy to understand? Maybe some body can direct me to honest sourse or give some advise. I try Direct Response Network, MORE Incorporated, DRY Tech and others and nothing results. Frank

Hello. Can anyone advise me. I need help getting ...
By: FreeSpirit | 23-09-2008
Hello. Can anyone advise me. I need help getting clients. I've advertised in magazines for years but it doesn't work. I'm a Spiritual Counselor and Healer. Any advice would be greatly appreciated. Also, I desire to earn extra income part-time for supplementation. Thank you.

Q&A Powered by:

Latest Home Business Articles

Work at Home as a Virtual Assisant
By: Michael James | 13/10/2008
If you would like to work from home, but don't know where to get started, here are some guidelines and tips to help get you started working from home as a virtual assistant.

How to Draw Naruto
By: virgilio vallecera | 13/10/2008
Naruto is a popular manga by Masash Kishimoto and many artists are aspiring to learn how to allure Naruto. The character of Naruto can be described as a loud and hyperactive adolescent ninja. He is constantly searching for enactment and recognition of his skills. In order to decide how to draw Naruto an understanding of the character will help, while the character itself is very substantial in all Japanese cartoons.

Affiliate Marketing Career Through Click Bank - How to Plan - 1
By: Abhijit Medhi | 13/10/2008
Click Bank, through its state of the art billing ,rebilling mechanism handles very smoothly a huge base of e-book publishers, software vendors, affiliates and customers . Due to its continous presence in the field of affiliate marketing-networking it holds a reputable psition enviable to other affiliate marketing companies . It offers value for efforts and money to all the stake holders. However, for up to the mark success an affiliate as well as publishers must acuaint himself with it first.

Benefit From Article Marketing
By: ginfop4 | 13/10/2008
Some webmasters create links by posting their sites to thousands of online directories. With such a large number of links on the Internet, it's almost a sure thing for search engines to locate your links and index your sites. But that's worth noticing.

Where Can I Find a Legitimate Home Based Business
By: Josh Boxer | 12/10/2008
Home Based business and where to find them

Beware of Myths and Misconceptions When Starting a Home-based Business
By: Dee K. Brown | 12/10/2008
Let’s take a look into making a full-time living or part-time living making money from the comfort of your home. You owe it to yourself to gain the freedom by Starting Your Own Home-based Business. It can be effortless to begin to make money from home. Hundreds,if not thousands, of men and women do it everyday. But, Beware of the Myths and Misconceptions

Home Based Recruiting - Networking With Other Recruiters
By: Jim Strickland | 12/10/2008
If you are currently considering Home Based Recruiting as a career option then also consider networking with other recruitment firms to further enhance your ability to succeed.

Online Home Business - Working At Home Advice
By: Cynthia Minnaar | 11/10/2008
Do you dream of being boss free and having the freedom of being able to control when you work and where you work? It is not something you could do working in a job because you have a boss who tells you what to do and when to do it. Imagine having an online home business that would give you this control.

More from Kevin Sinclair

How To Play The Piano To Communicate A Feeling Or Emotion
By: Kevin Sinclair | 01/10/2008 | Music
If you are going to play the piano, it is important that you put everything into it. You don't want to just play the notes on a page or the chord progressions that you see, but you want the music to touch someone.

Letting Go And Moving On
By: Kevin Sinclair | 29/09/2008 | Advice
Letting go of the old is one of the hardest things in the world for most human beings. Letting go of old worn-out habits, old feelings that are emotional scars that will not heal and get in the way of progress, are all things that most people when reading of them nod their heads and agree should be thrown away like an old ratty security blanket from childhood.

The Paradox Of An Attitude Of Gratitude
By: Kevin Sinclair | 26/09/2008 | Advice
The attitude of gratitude is a terribly overlooked aspect of manifesting your dreams and desires. When you feel gratitude for all the good that you have in your life, without even making any efforts you are throwing open wide the doors to bring even more abundance of good things into your life.

A Working Knowledge of Chords
By: Kevin Sinclair | 26/09/2008 | Music
Are you interested in learning how to play the piano, but you just don't want to wait for years to be able to play? Well, you're not alone. There are many people out there that want to find a quicker way to learn to play music.

Do You Have A Retirement Plan?
By: Kevin Sinclair | 19/09/2008 | Advice
There is no guarantee that you would live only ten years after you retire. Now imagine by chance you survive more what would you do? No work and you blew away all your savings. The best way to handle this situation is to make a retirement plan.

Successful Home Business Tips
By: Kevin Sinclair | 15/09/2008 | Home Business
It's rather interesting that the internet can be as helpful as it give you an opportunity to earn extra money or provide you with a steady side income. There are so many profit making opportunity online. Internet has become the home of many small businesses.

What The Heck Is Web 2.0?
By: Kevin Sinclair | 15/09/2008 | Technology
The new happening thing in the web world is Web 2.0. You must have wracked your brain as to how it works? What is it? Where is it and going? So do you feel that it is some highly technologically advance software program making a debut at the web world.

Building A Singing Group
By: Kevin Sinclair | 13/09/2008 | Music
There is science in music too. The excellent chemistry in science is manifested from the mixture of substances but in music it is through the blend of voices. Usually there are four voice groups in music i.e. the tenor (high male), bass (low male) soprano (high female), and alto (low female).

Article Categories

Article Marketing

Article Notepad

Stop Duplicate Content

Term Papers

Need Help?

Sign up for our email newsletter

Receive updates, enter your email below

Use of this web site constitutes acceptance of the Terms Of Use and Privacy Policy | User published content is licensed under a Creative Commons License.
Copyright © 2005-2008 Free Articles by ArticlesBase.com, All rights reserved. (0.69, 17)

The Business Plan That Changes Your Odds Of Success

Article Comments

Related Articles

Got a Question? Ask.

Latest Home Business Articles

More from Kevin Sinclair

Need Help?

Site Links

Webmasters

Business Info

Sign up for our email newsletter