For those looking to start a home based business, the Network Marketing business model is the top choice for most women and moms because it offers simple startup options, no educational requirements and usually, a minimal investment.

There are many companies that offer independent representatives or consultants, the ability to earn a commission on products and services they sell. These direct sales companies such as; Mary Kay, Avon and Tupperware, offer women a way to be able to earn a part time or full time income from home by marketing their products directly to consumers.

Anyone can be successful in the direct sales industry even without having sales or marketing experience because these companies offer ongoing training and support. Before starting any new business, be sure to do your research by checking with the Better Business Bureau (http://www.bbb.org). You can also visit the Direct Selling Association (http://www.dsa.org) which will help you evaluate a company.

In addition to the training you will receive from the company you choose, you must realize you are an Independent Business Owner and your success and earnings are based solely on your efforts. You must have a desire to build a profitable business. Here are 7 tips to help you see results in your network marketing business.

  1. Be a Product of Your Product – As women, we rarely have a hard time telling a girlfriend about a new restaurant we’ve tried, a new shoe store we’ve discovered and how much we enjoyed a particular movie. When you have firsthand experience with your products or service, it makes it that much easier for you to share honestly, the benefits with others. You will be better able to explain how it works, how to use it and what results can be expected. This helps assure your customers you are knowledgeable and displays professionalism.
  2. Treat Your Business Like a Business – Most people fail in their network marketing business because quite frankly, they don’t treat it like a business. Do not mistake the idea of being your own boss as being able to establish a lucrative income from home working only one day a week. Your business is NOT a hobby and you need to commit to building it in order for it to grow. It takes a great amount of time and dedication early on to reach a sustainable and consistent profit.
  3. Take Advantage of Training and Education – If your company offers training meetings, seminars, conferences, etc., it is in your best interest to attend. These are designed to help you learn more product knowledge, marketing skills and sales techniques that allow you to better serve your customers and run your business.
  4. Learn to Set Goals – In order to be successful and achieve the things you want, you have to plan your success. Take time each week and month to write down your sales goals, team building goals, etc. and create your plan to make it happen. If you want to see results, you have to know what action steps you need to reach it.
  5. Create a Working List – This is a very vital part of growing your business. In network marketing, you start with a list of people you know. As time goes on, that list should grow from referrals and new people you meet. Network marketing is a people business so if you don’t want to fail, you must have a list to work from and be willing to contact a minimum of 5 people a day about your business.
  6. Growing Your Team – Most network marketing companies offer you extra bonus commissions when you bring other people in to the business. To earn a continuously growing commission early on, establishing a team to leverage your time will give you just that, while providing you extra income. Be open to utilizing every aspect of your companies pay structure to make the most amount of money.
  7. Follow Up is a MUST – In this industry, following up is imperative in every area of your business. If you hold a presentation and everyone doesn’t buy that night, you follow up for a sale later. When you interview someone about partnering with you in the business and you don’t get an immediate yes, you follow up until you get a definite – NO. When talking to women, I find that many don’t want to seem annoying or as if they are bothering anyone. Being in network marketing for nearly 10 years, I find that people appreciate the follow up because 9 times out of 10, they are interested but for some personal reason, they don’t have the means at THAT time. This is YOUR BUSINESS…you stop following up when they say NO, I’m NOT interested.

Following these 7 tips combined with patience, consistency and determination will give you the freedom and flexibility to be the proud owner of a profitable home based business!

Would you like to learn more about my business and how you can partner with me? Click Here for more information.

 

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Tamyka Washington|TheCEOMamma

Social Media & Network Marketing

www.theceomamma.com

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Comments

  • Thanks Chandra! YES, stay committed because that's what it takes!
  • Thanks Tracie...glad you enjoyed it!
  • LOVE IT, LOVE IT, LOVE IT!!!!!!!!!!

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