All posts by The MLM Whisperer

About The MLM Whisperer

David L. Feinstein, noted business coach and home business entrepreneur, is the author of various and many articles that help to empower individuals. To get the real innovative marketing knowledge and training, so you can be at the cutting edge of using technology to build your internet network marketing business correctly, visit www.davidlfeinstein.com

How to Lower Stress in Network Marketing

Stress happens and some people become a wreck when they are overly stressed. There are plenty of ways for stress to creep into network marketing. However, you can combat it and have a lower dose of it. Some techniques may work, while others may not. Consider this as a guide for you to find the best practices for lowering the amount of stress and chaos in your business. One core element is what you do with the stress. If handled badly it can interrupt one’s dream and goals. It can also affect the whole body on every level. This is why it’s so important to develop anti stress behaviors or modifiers early on in the business.

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Developing anti stress methods now

 

Developing anti stress methods will help you stay productive and focused on the end game. You can use a variety of healthy tools to help combat stress. If you’re early in your network marketing  business, it is wise to examine your methods to reduce stress. Coping mechanisms don’t work, they only allow stress to build up for a longer period. They don’t attack the root and eliminate the stressful pressure.  The methods you develop should look at what is causing the stress and the way to calm your mind and body down.

 

Step back from your network marketing business for a couple of minutes. Examine your stress level and figure out where the stress is coming from. What part of your life or business are you overly concerned about it. What is not performing well enough for you? However, you do it, you need to take note and deal directly with the cause. Don’t blow it off. Write it down, if you need and now you can deal with the root. Once you have the root cause, you can figure out to cut it down into manageable bites. If you’re worried about numbers, try looking at the promotional aspects or content. Are you producing enough, how often are you sharing or interacting with others? Step back and see if you can bring up or change your efforts.

Dealing with the stress itself

Once you have a plan for your network marketing elements, you can then deal physically with the stress, by walking or relaxing and letting your mind unwind. Don’t think about the issue or the solution. Think about something different and focus on relaxing. If you mediate or perform yoga, then focus on these elements. If you pray, then focus on that instead of the stress. In most cases this should be the first step after finding out the stress, so later on you can deal with making changes to your routine or style.

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Why Monitor Your Mlm Marketing Reputation?

As you build your business your reputation will come under fire at some point. Your mlm marketing plan must include reputation monitoring. By including this key element, you can deal with the trolls and prospects that have decided to say something negative about you. Ignoring these complaints will damage your business and drop your trust. You need absolute trust to make business happen, being transparent isn’t enough. Your reputation is at stake. A business that operates with a high and clean reputation will see success.

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The High Stakes of a Bad Reputation

When you have a bad mlm marketing reputation, you will lose business. That is the reward for dealing shady with prospects. Others like to use slander campaigns and this is an unethical practice and it can hurt if ignored. Your ability to react in a positive fashion is important to calm the waves as it ripples. You can’t do this with negative retaliation content. This will look like a slap fight in the eyes of prospects, so there is a different way to handle this. You can debunk the misinformation by providing valuable content that answers the slander or complaints.

 

Hopefully in the best cases, all issues will be sent to you directly by email or phone. This is easier to deal with, but there are many people that love to ring the “foul” bell for no reason at all. You will have to deal with these people, gentle but firm. The content that you produce to help build your reputation is just as important as mlm marketing material. Be transparent like water and answer all questions with as much detail as possible. One sentence answers don’t work, stuffed answers will show your lack of knowledge. Be careful as you tread through the land mine. It is easy to add credit to the accuser’s content. There are professional reputation managers that can help you in this field, but it won’t be cheap.

 

Managing your Reputation

 

You can set up search engine alerts under your mlm marketing business name and wait for stuff to roll in. This is the easiest way to watch for content that is directed towards your business. You can then review the material and make appropriate responses toward the material. You should also respond to positive content as well. You don’t have to write a book in return but be thoughtful in your responses and try to respond quickly, so prospects can see your rebuttal towards the statement of the individual.

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How Does Relationship building techniques build your Mlm Marketing business?

Relationships are key in life, without them; life would be so boring. Mlm marketing is based on creating strategic relationships between teammates and the audience of the individual business. This means that one has to work carefully to build trust and authority with the target market. By doing so with authoritative content and reliable timing, relationships will blossom and grow. Thus, creating a pipe line to send dedicated content towards motivated prospects. Failing to create elementary content not only discredits the publisher, but also kills all sales potential. Let’s open the door to relationship building techniques that will help.

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Create content that doesn’t sell but builds your reputation

Never push content that sells, this is a horrible practice for mlm marketing. Create content that builds your business reputation up. This means promoting content that entertains or has a high level of educational value. There are so many businesses out that already overly pushes sales content, there is no need for you to do the same. Your marketing content is supposed to be attractive, not repulsive. This means every blog, article, eBook or landing page must educate through problem solving of some degree. There are ways to get sales, but to do so, one must push the agenda of their prospects first.

 

To build relationships in mlm marketing, the content that is needed will vary. You will need basic content that covers a general situation to content that absolutely solves a specific problem. This is how you define your leads, by sharing all types of educational content. Your prospects will not always be in the same boat as the next person. So, to be effective, you must share content that targets symptoms first, then develop content that nails down some of the symptoms and then finally offer the cure through the final. The last content you can develop is the follow up content that offers advanced material to help the prospect go beyond the basic package.

 

Specialize by focusing on your prospects growth

Help your prospects grow in some fashion. This can be in life, or some other area that you have specialized skills in. In this capacity, your relationships are more specific and narrowed down in which the others in your area cannot touch. Lead by example, offer free and premium content for your visitors and subscribers. This will distract your prospects enough to keep them engaged. Not all of your content will be successful, so the smart marketer will always engage in analytics to help sort the weeds from the wheat and develop themselves and their content for the successful campaign. These techniques have enabled many new marketers to climb the ladder and enjoy an effective business.

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The Importance of Data Analytics for Leveraged Sales

We’ve come quite far on our discussion on leveraged sales  and by no means is it a finished topic. The next subject evolves around the importance of data analytics for leveraged sales and general business practices. For many new teammates, this is a cornerstone subject matter that will help them from falling flat on their face completely. If you’re a harden veteran but need an update for your business this should keep you moving forward or get you out of the mud.

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Leveraged Sales are based on performance and NOT luck

 

Leveraged sales are measured and not just by the sales. They must be measured by views, click through, visits, bounce rates and time on page. The content that defines the product is also examined, especially the call for action, the design and graphics play an immense role. So, this is why it’s not based on luck and anyone that is not measuring their general business and products may not see the success they desire. Each of these can be set up in an analytics program and trimmed for a report that can be examined anytime.

 

Leveraged sales performance must ride with the promotional element. The more that you promote your business, the more chances that your ideal prospect will visit your product page. The more views and hits on your product page will increase the chance for a direct sale.  In order to achieve the results, the promotional aspect must be balanced. Like a Samurai, it must be strong and wise at the same time. It may also be delicate like a rose but strong enough to pull attention from the other distractions online. So, your performance level can increase if it is well maintained and acted upon by the audience.

 

Build an incredible story and the world will come

 

Every leveraged sales product has a story that precedes it. It is your business story that sets the stage for your audience. If the story is to be successful, one must contemplate the need for the story. The owner must forge it over from the furnace of their experiences and shape it into one that is deliverable and copy proof. It takes talent to be original, there are too many copy cats on the market today. Put in the effort to write the story and use analytics to achieve your goals. Don’t copy someone, be unique and blaze your own path to glory.

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Why Leveraged Sales will increase over the Next five Years?

Leveraged sales are becoming a major integral part of various businesses. You can see it in android games to services businesses online. Even major traditionalists have made an adventure out of using this method to build up their revenues. One example is Dell and its extended warranty program. Consider this, when you buy an electronic device there are accessories that are offered along with it. This is how some brick and mortar outlets are using leveraged sales to some of its potential. You don’t have to feel alone in this venture if you’re unsure if leveraging sales or channels is your right fit.

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Growth & Failure of Leveraged Sales over 5 years

 

One can have failure from leveraged sales, it’s only natural to see the first program stumble over time. However, the good news is that it can also be successful as well. It depends on the offer, your promotional aspects, creation and placement of such offers. Some products are natural born sellers, such as homes, food, shoes and so it makes them easier to stay as a direct sale component. However, in restaurants, there is a dessert and side menu to help complement the meal.

In order to find that hidden gem of success, one cannot have a closed mind, don’t be a mule when it comes to adjusting your products in any way. Failure can result from such action or if the product, either digital or physical has no relevancy to the needs of the audience. It is vital that audience comprehension is the main course on the menu. Without knowing your audience, you won’t be able to serve them in the right context and this will hurt you throughout your career as a professional marketer.

When leveraged sales are done right, you will have data to measure and track throughout the life cycle of the products. You want this data, because it will tell you many things about how well your content and products are doing to convert sales. Losing sales means losing revenue; in English, it could mean an end to your lifestyle. This is not fun, but with the data in hand, you can turn things around and fix the holes in the ship and re-target your audience with better content and a stronger pipeline. This means that your income could increase, but it’s not guaranteed. You do have to set up your analytics program, so that you can take a benchmark shot and start promoting your business.

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