8 Benefits of Network Marketing & Communicating Them

Ifyou’vebeeninthenetworkmarketingprofessionforanylengthoftimeyoualreadyknowtheimportanceofleadership.Itdrivesmomentum,customersignups,enrollments,andmoreinyourorganization.

Soitbecomesextremelyimportantinbeingabletocommunicatethebenefitsofnetworkmarketingandstartingahomebasedbusinessatthislevelwhenyougetintoprospectingleaders.

Withthatbeingsaid,oneofthemostpowerfulthingsyoucandoiswhatIcallprospectingupthefoodchain.

Bylookingforthreadsofsuccessinpeople'slivesyouattractahighercaliberindividualtoyourteam.ClickToTweet

Youattractselfstartersthatareinterestedindoingthebusinessregardlessofwhetheryouquitornot.

Wouldn’tyourteambejustabitmorefunifitwasfulloftopearnersandgo-getters,ratherthannegative,complaining,whinyrepsthatconstantlyneededhand-holding?

Don’tgetmewrong,there’satimeandplacefortrainingyournewfolks,butitgetstoapointwherethebirdneedstoflyonitsown.

Whenyousponsorpigeonsandcrows,it’salotmoredifficulttogetthemtoleavethenest.

Whenyousponsoreagles,theyfly.

Theyfigureitoutwithorwithoutyou.

SoWhatCanYouSaytoBusinessOwnerstoConveyTheBenefitsofNetworkMarketing?

It’sprettysimpleactually

Inmy10yearsofnetworkmarketingI’vecometofindthereareonlyahandfulofpowerfulincentivesthatgetbusinessownerstoconsidernetworkmarketing.

Soherearethetop8benefitsofnetworkmarketingthatwillhelpyousponsorbusinessownersthatarealreadysuccessfulintheirownright:

#1:IDon’tHaveEmployees

Oneofthebiggestheadachesbusinessownershaveisemployees.

Laborcosts,inotherwordspayingemployees,typicallyaccountfor80%ofabusiness’sexpenses.

Notinthenetworkmarketingprofessionthough.

It’spowerfultosaytoabusinessownerthatyourunanoperationwhereyouteachotherpeoplehowtobesuccessfulandeachpersonisgiventheirownindependentcontractwithyourpartnercompanythathandlespayments.

Ifthebusinessownerasksaboutthearrangementsimplyletthemknowitisa1099formandeachnewbusinessrepispaidoutbasedonperformance.Employeesarenotrequired.

Infact,ifyouneedanythingdoneinyourbusinessbecauseit’sgrowntoasizethatnolongerallowsyoutohandletheaffairsyoucansimplyoutsourcelikewedo.

Thereareplentyofplacesnowonline,likeUpwork,andOnlineJobswhereyoucanoutsourceVAworkandwhatnottoplaceslikethePhilippines.

Besidesbeingahugeexpensetobusinessownersemployeescomewithallsortsofotherheadaches.Justaskanysmallbusinessowneryouknowandthey’lltellyouthey’vedealtwithanynumberofthingsrangingfrom:harassmentlawsuits,complaining,peoplecallinginsickconstantly,uglyfirings,theftbytheirownstaff,thelistgoeson.

#2:IDon’tHaveToStockOrShipInventory

Thisisalsoamassiveexpenseforbusinessownersandanotheroneofthebenefitsofnetworkmarketingtheymaybeinterestedin.

Ilovebeingabletotellentrepreneursandbusinessownersmyinventoryisstoredinwarehouses,nocosttome,anddropshippedatnotcosttome,totheendconsumer.

Anybusinessownerthathastostockandshiptheirgoodsisgoingtolovetohearthis.

#3:MyPartnershipsDon’tRequireBabysittingorHandHolding

Anotherbigheadachebusinessownershavewiththeirbrickandmortarshopsisthefactthattheyhavetobethere24-7.

Andeveniftheyaren’t,theystillhavetodealwiththe#1issue:employees.

MostbusinessownersIknowendupbeingattheirlocationEVENIFtheyhaveemployeesduetothefearorconcernthattheemployeeisgoingtomessuporstealsomething.

Thismakesthisreasonahugedrawforthemwhenpartneredwithnoneedforhiring.

Ilovetosaysomethingalongthelinesof:“ThebiggestreasonIlovethisprofessionisbecauseIdon’tneedtohireemployeesandthepeopleIdopartnerwithdon’trequiremyconstantpresenceorhand-holding.Itrainthemonetimeandthenreleasethemtoperformtheirbest.”

Powerfulstufftoabusinessowner.

Notsopowerfulwhenheardbyanemployee.Employeesrequireadifferentformofcommunicationthatusuallyrevolvesaroundproductorpassiveincome.

#4:WeShareInCompanyProfitsAndOwnership

Businessownerstypicallywon’tbelieveyouwhenyoutellthemthis.

Thereasonisbecausetheythemselvestypicallydon’thaveroomtoshareownershipwiththeiremployeesduetoalltheexpensestheycarry.

Andthisismassiveinyourabilitytoincentivizeyourteam.TheyhavehugegoalstheycanworktowardsknowingthatiftheyhelpgrowsalesenoughtheycanshareintheentireNorthAmericanpoolofprofit.

Mostcompaniesofferthisincentivefortopperformersintheformofabonus.

OurcompanycallsittheIncomePositionBonusorPaylineBonus(2differentbonusesbothofwhichcomefrompoolssetasidefromallsalesvolumeproducedinthecountryorregion).

Allyouhavetodoisgetthemovertheshockandawethatyou’retellingthetruthanditwillusuallyblowtheirmind.

#5:ItAllowsManyPeopleToSpendMoreQualityTimeWithTheirFamilies

IrecentlyhadachancetositdownwithanbusinessownerhereintheTri-Citiesarea(wherewelive)bythenameofMikeHillman.MikeownsarealestatedevelopmentpracticecalledBellaHomes,amongotherventures.

He’sanabsolutelygreatguyandchampofabusinessman.

Wehadaveryinterestingconversationaboutnetworkmarketingandhowitcomparedtootherventures.

OneofthemisconceptionsMikehadwastheamountofmoneythatcouldbemadeintheprofession.

Yousee,Mikehashishandsinseveralbusinesses,includingcommercialconstruction,housingdevelopment,andeven

affiliatemarketing.LastyearaloneMikeproducedsixfiguresinprofitmarketingahealthsupplementthroughanaffiliatebaseononeofhiswebsites.

Thisismorethanmostaffiliatemarketersevermake,andnooneinmycommunityhasprobablyeverheardMike’sname,untilnowofcourse.

Theguy’sabeast,andnooneknowswhoheis.

ButoutsideMike’swebsites,herunsagambitofchallengesthatheopeneduptomeabout,mostofwhicharelistedabove.

Inhishousingbusinesshedealswithemployees,delaysinbuilds,complaintsfromhomebuyers,andmore.

Theotherbigthinghedealswithisthelackoftimehegetstospendwithhisfamilybecauseofthe“managing”hehastodoontheseprojects.

DoyouthinkifMikeunderstoodthepowerofnetworkmarketinghemightgiveitasecondlook?

Maybe.

Buttheonlywaytoconveythebenefitsaretodescribetheminawaythatattracthisinterest.

Ipersonallyknowtopearnersintheprofessionthathavemade200+milliondollarssothemoneyisthere.

Justbecauseyouhaven’tmadethatyetinyourbusinessdoesn’tmeanMikewon’t.

Don’tsellhimshort,orlethimoffyourradarjustbecauseyouknowhe’shadbadexperiencesinpreviouscommunications

withothernetworkmarketersthatdidn’tknowwhattheyweredoing.

Onelastthing,MikeisextremelyinterestedinAffiliateMarketingforthereasonsI’vealreadymentioned.Primarilybecauseitispassiveandrequiresfrontendworkwithgreatback-endrewards.

AffiliateMarketingisagreatrevenuesource,andcomplimentsNetworkMarketingwell.Theonethingitdoesn’tdohowever,isgrow.Unlessofcourseyoubuildnewwebsites,launchnewproductstomarket,etc.AllofthisrequiresadditionalworkorwhatIcallgrinding.

Andalthoughitcanproducegreatrevenue,itisn’tthefullembodimentofwhatnetworkmarketingcandowhendoneright.

I’veseenbothprofessionsatthemostextremelevels,nothingtoucheswhatwehaveourhandson.

Believeitandtheywilltoo,justlearntocommunicateitcorrectly.

#6:ItProvidesAPureFormofLeverageSimilarToOwningABroker’sAgency

Realestateagentswilllovethisexplanation.

Mostagentsmaketheirpaycheckbythetransaction,meaningtheyeitherhelpsomeonebuyorsellahome.

Oncethattransactionisdone,theircheckiscashed,theend.

Thebrokeristheonewiththerealleverage.Theymakeasmallcutofalltheagent’sefforts,whichistrulypassive.

Theonlylimitationhere,evenatthebrokerlevel,isthehomesavailableonthemarket,themarketitself,andthecompetingbrokers.

ThisiswhatmymentorTimSales,callsgeographicallimitations.

Inotherwords,ifyouownayogurtshop,typicallypeoplewillonlydrivetogetyouryogurtiftheylivewithin15minutesofyou.

Ararepercentwilldrivefromfurtheraway,butonlyiftheyabsolutelyloveyouryogurt.

Nowdon’tgetmewrong,realestateisagreatformofdiversification.Butifyou’replayingthatgamewhywouldn’tyouplaynetworkmarketing,theadvantagesareclosetothesamewithouttheriskofthehousingmarketcrashing.

Idigress.

Theleverageisrealhowever,andmostbusinessownerswillappreciatethatoneofthebenefitsisresidualincome.

Simplysaysomethinglike:“Oneofthebenefitsofnetworkmarketingisthatyoucantrulywalkawayfromtheworkifyoubuilditright.Inordertodothisitinvolvesasoundtrainingprogramandfindingtherightleaderswhowilldothedealevenifyouquit.”

Onceyouknowhowtoidentifythosefolkstherestissimplyamatterofrollingupyoursleevesanddoingalittlework.

#7:ThereAreNoLimitationsonTheAmountofRevenueYouCanGenerate

Sothisisimportantinthewayyousayit.

Usingtheword“revenue”willgetanybusinessownertoperkup.

Andwhenyoustateoneofthebenefitsofnetworkmarketingbeingthefactthatnoincomeceilingexistsyouwilldefinitelyhavetheirattention.

MostbrickandmortarbusinessescanonlyreachacertainnumberofpotentialclientslikeImentionedbefore,andthefactthatthisbarrierisbrokenwiththepoweroftheinternetisveryincentivizingtoanyonewithalickofentrepreneurshipinthem.

UsuallyIsaythis:“ThegreatestdrawIknowconcerningthebenefitsofnetworkmarketingistheabilitytobuildapassiveincomestreamwithnolimitationsonhowbigyoucango.Geographicboundariesarenotalimitationdoingwhatwedo.”

#8:ItCanDiversifyYourExistingRevenueStreams

Frommyexampleearlier,whenIwasspeakingtoMikeHillman,headdressedabigdesirehehadwastoensurehewasdiversifiedinthewayhegeneratedincome.

Mike’sbrilliant,andheunderstandstheimportanceofmarketconditionsandwhyhavingmultiplestreamsofincomeisimportanttoabusiness’ssuccess.

Oneofthebenefitsofnetworkmarketingisthatwhendonerightitcanprovideoneofthoseadditionalincomestreams.

Ifitisdonerightlongenoughitcanturnintooneofthebiggestrevenuestreamsyouown.

I’mnotsureaboutyou,butmywifeandIareinthisforthelonghaul,andthere’snoreasontobelievethatshort-termgainsaregoingtosustainusinanyeconomy.

That’swhywedeterminedlongagoweneededtocreateourowneconomy.

Creatingyourowneconomyisthekeytoachievingandsustainingwealthandlong-termpassiveincometoday,andinmyprofessionalopinionnetworkmarketingisafantasticwaytodothat.

Usingthesebenefitsofnetworkmarketinginyourcommunicationwill100%improveyourresultsinsponsoringbusinessowners.It’sallowedustobringonboardsixleadersthatbuilteithersixorsevenfigureincomesintheirpreviouscompanies.

Itcandothesameforyou.

BestWishesInAllYourBusinessVentures

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