In your worst home business nightmares, there might be any number of scams that steal away your money. But what if those scams also broke your heart? Today’s online frauds are more advanced and sophisticated than ever. With identity theft as an additional option while perpetrating frauds on innocent people looking to make money online, there have never been so many ways to take advantage of people just trying to better their circumstances. Of all of the scams online now, though, one is far more vicious than most. The “I Love You” scam can break banks and hearts.
Many people enter into chat rooms look to connect to other people. When individuals work from home or lack fulfilling external social lives, this online source of support and camaraderie becomes even more important. Some people even utilize this resource for falling in love and meeting life partners. Many people make legitimate and honest connections online. However, there is no way to know how legitimate a person is without simply trusting them. What do you do when the person you are trusting to be legitimate and honest is actually out to take your money?
The “I Love You” scam preys on people who are looking for love and connection. The perpetrator will enter a chat room and begin a conversation with you. He or she will connect with you almost instantly, and you will begin a relationship not much different from any other. These relationships are often based on need fulfillment. He or she will come broken and will be quickly amazed at how well your attention seems to fix them. This will feel very good to your ego, and you will begin to fall in love. As your love grows, the perpetrator will come into the need for a sum of money or will happen upon a business opportunity too good to pass up. Sadly, once you supply the money, the relationship runs dry.
This scam has wreaked havoc on many hearts, and continues to snare well-intentioned individuals every day. When looking for love.
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You can build a network marketing empire on the backs of well written, well designed, and impossibly interesting newsletters. Sure, this may sound like the prelude to yet another e-book touting the magic bullet for making sales and turning leads into willing buyers and distributors, but in this case building a million dollar network marketing organization secret is superior newsletter design!
Start off your newsletter with a friendly word of greeting. It emphasizes the relationship that exists between the recipient and the sender, but at the same time it personalizes your business by showcasing you, the representative, as a real live, warm, and caring human being.
Building million dollar network marketing organization secrets far too often center on down line, up line, sales figures and product presentation but far too rarely emphasize the human side of the business. Recipients of your newsletter do not want to feel like they have just been marketed to but instead they want to have the impression that they were just thought of and thus became the recipient of a well written newsletter.
Your newsletter should always be sent in plain text rather than relying on html. Avoid graphics and other items that will make downloading it slow. Structure the body of the newsletter in such a way that it looks ordered, does not appear cluttered, and showcases distinct sections, some of which may be pertaining to the company you are representing while others will deal with general articles and content. It is usually suggested that the company material should make up the upper half of the newsletter’s body while the general content ought to be placed on the bottom half. This is a flawed concept in that it will cause those who are simply subscribing for the content but not for the industry portion will glance over the info you are trying to get out.
Instead, go ahead and intersperse content and industry material. Perhaps the first article may pertain to a new product you are marketing while the second may be a recipe, cooking tip, wellness advice, or so forth; the third article can once again pertain to your business, such as explaining the growth you have recently experienced, while the fourth section may be a give away, puzzle, joke, useful fact, and so on. This makes the entire body of the newsletter readable and useful while it prevents your information from being disregarded by those who just ignore the compartmentalization.
Your newsletter should end with a friendly closing that in some way references the original greeting. When you are building
a million dollar network marketing organization using the newsletter as your secret weapon, you want to squeeze any bit of usefulness from it. A personal signature, your title and contact information, an invitation to email you with questions or content suggestions, but also a call to action, such as buying the product or taking the free marketing course are good closes for the newsletter. You may even want to go so far as to give a teaser for the next newsletter, which will ensure that you will not receive too many unsubscribe requests!
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I give the credit of this article to one of my online mentors Stone Evans
When you are the owner of a home business, you will find
hundreds of distractions that vie for your time, energy and focus.
Common distractions include: children, family, friends,
neighbors, pets, phone calls, mail, household chores, video
games, television, neighborhood children, visitors, and so many more.
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As an owner of a home based business, you must always remember
your purpose in bringing your profession home. What was your
reason for wanting to own a home business? Was your goal to work
from home so that you can share in the lives of your children?
Was your goal to be out from under the rule of a tyrannical
boss? Was your goal to have the freedom to work when it is
convenient for you? Was your goal to make tons of money working
for yourself?
Here`s a few tips to help you stay focused on your home business:
TIP #1:
Whatever your reason for going out on your own, you must keep
your reason in the forefront of your mind. If you forget your
reason for starting your own home business, you will not be
working for yourself for long. It is far too easy to let
circumstance drive your activities — and when circumstance is
in the driver`s seat, you are more likely to crash and burn.
TIP #2:
Remember — your own business is a lot like a real job. Some
people go to work to play, some go to socialize, and others —
most often those who are paid in a commission or tip environment
— go to work to work and to make money. When you work for
yourself, your salary is directly proportional to your
productivity. Therefore, wouldn`t it make sense to stay focused
on getting as much done in as short of a period as possible?
Go to work to work and to make money. Leave playtime and
recreation for when your workday has ended.
TIP #3:
When you are dealing with family in the course of your workday,
it is important to schedule your activities as much as possible.
With small children, you must take time when you must, but you
should also work hard to make sure you dedicate a specific
number of hours to your workday.
With older children, it is much easier to tell them that you
will be working between the hours of x and y. Your children and
your friends must understand that certain hours of your day are
devoted to the activities of your business.
TIP #4:
Don`t permit your friends and extended family to run over you.
Many people get the blind idea that if one works from home then
they are not actually working.
Well-meaning people may try to fill your doorway to bring advice
about getting a real job. Others may simply believe that if you
are at home, then you are fair game for chitchat and socialization.
You must stand firm. You must make certain your friends and
family understands that when you are working, then you ARE
working! If they wish to socialize with you, then they need to
do it during the hours that are not dedicated to your home business.
You are the only one who can stand up for you. Your friends and
family will seldom be able to appreciate your dedication to your
home business, unless you make the effort to make sure that they
have the same respect for your business that you do.
TIP #5:
You should allot a certain portion of your day to email and to
regular mail. For example, allot one hour in the morning and one
hour in the afternoon to handling your written communications.
Unless you dedicate certain times to the handling of these
communications, you will soon find yourself on the downward
slope of decreased productivity.
TIP #6:
When you find yourself spending too much time doing
non-productive activities, then you should seriously consider
finding a third-party service provider who will assist you in
those non-profitable business activities.
As an example, you might be in the mail-order business. You
might believe that your time is best spent writing ad copy and
setting up your advertising, but you find yourself spending far
too much time taking care of your books to take care of your
advertising in the manner that you should. In this event, it
might make more sense to hire a bookkeeper to handle your
financial records for you.
CONCLUSION:
In the end, the success of your home business is entirely and
completely reliant upon you and the decisions that you make.
You had your reasons for deciding to start your own home based
business. You must always keep your reasons in the forefront of
your mind. You must always be able to rely upon your own self
and your dedication to the success of your business.
Your friends and family might be annoyed that they cannot come
visit upon their own whim, but when success comes to you and
your business, they will better appreciate you for putting your
foot down when necessary.
Success is within your reach, if only you can stay focused on
your goals. You must decide to reach for your goals, and then,
you must have the discipline necessary to reach them.
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MLM (Multi-Level Marketing), also known as Network Marketing, is by no means confined to the online world; in fact it has its roots long before the internet. Some very large and successful companies were built on, and continue to thrive, based on a MLM network model. The way it basically works is this: a company sells products or services through a vast network of independent distributors that sell at retail prices. The distributor usually pays some sort of joining fee or has to buy a certain quantity of the product to gain distributorship status.
All MLM network marketing companies work with a solid business foundation. A parent company has a product or service to offer its customers. The networker’s responsibility is two-fold; to find other customers to buy the product and recruitment of new distributors.
Additionally, the network urges distributors to bring in other people to act in the same capacity. The referring distributor then earns commissions on the products that the referred distributor sells. If the distributor they referred also brings in other distributors, the original distributor also receives commissions on those sales and so on. This is the “Multi Level” component. For most people wanting to get into these kinds of businesses, the attraction isn’t so much in selling the companies products; it’s the conversion of buyers to distributors.
If a person is considering an MLM network opportunity, the following questions need to be asked:
1) Who is your upline? This question goes all the way to the top of the network. Investigate the entire upline just like you would a business partner you’d never met before.
2) What is the product? Become an expert on the product and/or service that’s being offered to clients. Know the competition as well.
3)
When will you start actually making money? Don’t fall for the line that it takes months or even years to show a profit. You should be able to recoup any investment and start earning income within just a few weeks if there’s really demand for the product. Making a living at it is another story. In average, it takes about 2 to 5 years for you to start seeing huge result though.
4) Product promotion? What restrictions are there on where and how the product can be promoted (advertising, web sites, etc.)? There’s not a right or wrong answer to this question: an open policy is a more flexible situation.
5) What was the recruitment method? As a customer, with just a mention of a possible income opportunity, or was it a primary pitch about the business opportunity.
6)
Why pursue this MLM network opportunity? This is perhaps the most important question of all. Don’t focus on the short-term earnings; the potential marketer should concentrate on the long-term goal.
Essentially, there are no right and wrong answers to these questions concerning a MLM network opportunity. The point is to make sure that everything is known and on the table. Many people have made a lot of money in MLM networks, but many more have ended up wasting a whole lot of time and money chasing a false dream.
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The interest in MLM companies has increased so much in the last years. With this interest growth, many new companies have sprung up to join the ranks of the time-tested, older MLM companies. If a motivated person is considering a part-time or even a full time career in the MLM business or also known as network marketing, or just want to see how their current position measures up, there are certain critical factors to look for when choosing an MLM company. There are enough things to be concerned about when building a MLM business, such as sponsoring and advertising, without having to think about whether or not your company will be around next year.
The first factor to consider is stability. It would be the ideal situation to select an MLM company has been around and in business for at least 2 to 6 years. The new start-up MLM companies can be exciting, but there really is something related to the idea of MLM companies that have been around for an extended period of time. Actually, the longer time the
MLM company has been around, betters the chance of sticking with it. There are enough things to be concerned about when building a MLM career, such as sponsoring and advertising, without having to think about whether or not the MLM company will be around next year. The person interested in a MLM company should realize that there are never any guarantees, but with a company that has a longer track record generally has more chances of sticking around.
The second factor is to look at the leadership within the MLM company. Factors to examine include the structure, track record, and other such internal factors of the MLM company. If a person does not know the answer to these questions, call or email the company to find out. It is critical to know the answers to these questions from the beginning. The most desired attributes in the MLM company leader is savvy, honesty, and integrity inside and outside of the MLM business world.
The third factor is an examination of the product or service being promoted by the MLM company. Discover if there’s a genuine emphasis on promotion the product and not just the opportunity. Determine the value of the product for the MLM company as well as the value to the market. In addition, the products should be competitively priced, and unique.
The fourth factor is to examine the method of getting started in the particular MLM company. Can people join online, or do they have to fill out paper forms and meet with someone offline in an office? The ability to sign up online makes the whole process a lot simpler. On the same page, having the ability and option to join free will open up your opportunity to even more people. Some MLM companies allow people to join at no charge or at least take a test drive to allow them to see the insides of the business. Once someone has joined free, they have partially committed to the business.
The last factor involves the automation capabilities of the MLM company. More automation in the MLM company is definitely a better option. The parent company should provide a MLM company website that prospects can be referred to. The prospect should be able to contact you from that specific page, and the MLM company should send emails that follow up with the prospects.
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Multi-level marketing (MLM) is also referred to as
network marketing. The MLM is essentially a type of business model that combines direct marketing with franchising. The term business model describes a vast range of informal and formal models that are used by companies to represent various aspects of business, such as operational processes, organizational structures, and financial forecasts. The MLM business functions by enrolling unsalaried salespeople to sell products and meanwhile earn additional sales commissions based on the sales of people enrolled into their downline, an organization of people that includes direct recruits, recruits’ recruits and so on. This arrangement is similar to franchises where royalties are paid from the sales of individual franchise operations to the franchisor as well as to an area or region manager. There can be multiple levels of people receiving royalties from one person’s sales. New MLM members may be required to pay for their own training and marketing materials, or to buy a significant amount of inventory to start their career.
The compensation plans vary from one MLM business to the other, but there are basic plans in place. The Unilevel or Stairstep Breakaway plans are the oldest and most popular in the MLM business. These plans features two types of distributors either managers or non-managers. The pay method of these plans includes Baseshop overrides where there are overrides of managers from their subordinate non-managers. This method is the same as any other type of sales organization. Generational overrides are overrides of managers from the baseshop of managers who were previously their subordinate. Most plans compensate at least three generations of such managers. Executive bonuses are commissions for managers who exceed a posted sales quota. For example, 2% of the total company sales revenue may go to a bonus pool that is shared monthly to managers who exceed $10,000 in that month. Commissions are based on the aspect of cycles, where a distributor is paid a fixed amount whenever both legs achieve a certain number of sales units each. Commissions are paid incrementally when the sales volume in each leg matches.
In recent years, the
MLM business has developed an image problem due to its resemblance to the illegal pyramid or other similar schemes. MLM businesses operate in the United States in all 50 states and in more than 100 other countries around the world. Many pyramid schemes try to present themselves as legitimate MLM businesses. In the legitimate MLM companies, commissions are earned only on sales of the company’s products and/or services. No money may be earned from recruiting alone through sign-up fees, though money earned from the sales of members recruited is one attraction of MLM arrangements.
A commonly adopted test of legality is that MLMs follow the so-called 70% rule which prevents members “inventory loading” in order to qualify for additional bonuses. The 70% rule requires participants to sell 70% of previously purchased inventory before procuring new orders. There are however variations in interpretations of this rule. Some attorneys insist that 70% of purchased inventory should be sold to people who are not participants in the business, while many
MLM companies allow for self-consumption to be a significant part of the sales of a participant. The Federal Trade Commission offers advice for potential MLM members to help them identify those activities that could be scams.
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The goal of this article is to share a few
affiliate marketing tips with you, to get you started making money right away. Every day, hundreds of individuals are joining the rat race to make money online. Unfortunately, 90% of them will fail. More than 80% of them will fail for the same reason. As long as you follow the tips given in this article you are sure to have a profitable experience.
Most affiliate marketers fail because they start building their affiliate business on a weak foundation. They are two crucial things that you need in order to become a successful affiliate marketer; the first is to find a profitable product. It does not make sense to spend time and effort promoting a product to make a few bucks. You want to be paid well for your efforts.
The second biggest mistake that individuals make after finding a product to promote, is they use the wrong keywords to drive traffic to the affiliate site. Proper keyword research is, hands-down, the most important technique that you will need to master.
Let’s say that you are promoting MP3 players, it would be advantageous to you to launch a marketing campaign based around the keyword phrase MP3 players. The more specific the keyword phrase that you target, the higher your conversion ratio will be. In this scenario, if you were to target a keyword phrase such as “16 GB third generation iPod touch”, your conversion ratio will increase tremendously.
The third mistake that is seen quite often, affiliate marketers will drive traffic directly to the affiliate sales page. By using this strategy you are leaving hundreds, if not thousands, of dollars on the table. You should, whenever possible, drive traffic to your squeeze page. From your squeeze page you can then drive traffic to the affiliates page.
If you follow the
affirmation technique, you are rapidly building a highly responsive target list that you can sail to over and over again. And a final tip that we want share with you is you should always track your affiliate links. By tracking your affiliate links it allows you to know which
methods of marketing are working for this particular campaign, and which methods are not working.
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