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Sales Force—by Sandy Elsberg
YOU CAN MAKE A LOT OF MONEY IN MULTILEVEL MARKETING - IF YOU
KNOW HOW TO SELL. FOLLOW THESE SUREFIRE RETAILING TIPS FOR
"RIGHT-NOW MONEY" BY SANDY ELSBERG
COSMETIC COMPANIES HAVE MADE fortunes from it.
Nutritional-supplements businesses are booming because of it.
And entrepreneurial types with boundless energy and bright
ideas have reveled in its financial rewards. What is it?
Multilevel marketing or MLM, to folks in the know.
The idea
is simple. Large groups of independent distributors–often
customers so passionate about a company's product that they
join the sales force–sell the product one-on-one. And they
earn money on their own sales as well as on the sales of any
other distributors they recruit, usually by talking up the
product to their friends, who in turn talk it up to their
friends.
The
backbone of the industry is the fine art of selling, or
retailing. Once you've got the technique down, your bank
account goes up, sometimes by an astonishing amount.
Do we
have your attention now? Here's how to get your customers–and
open your business to a world of referrals right now.
Turn 'Em On
You're an example of your product–a walking, talking
testimonial. It's your job to show and tell prospective buyers
the benefits you've reaped by using your product. For
instance, if you're selling a weight-loss product, let people
see you looking trim and confident. Mention the compliments
you've received and the way you feel.
The key
to your success will be your enthusiasm for the product you're
selling. The idea is to talk up a product not because you have
to but because you're genuinely motivated by its
benefits–because, for instance, you feel so terrific after
using it that you're compelled to spread the wealth; because
you feel that sharing information about your product is like
giving a gift or doing a good dear for a friend; because you
would share the info anyway–whether or not you made a penny
from the plan. Because, at bottom, it's that good.
Use this
approach, and people will actually come to you and ask,
"What's going on? Why do you look and act so happy, so
fulfilled?" Imagine getting one loyal customer a week simply
because you look great. It can happen. In fact, it can happen
anywhere.
Sometimes customers come from the unlikeliest of places– the
next booth in a restaurant, say, or the line you're waiting in
at the supermarket. So live your product, and let the curious
overhear you talking about it. Your fervor will be infectious.
Give Them a Sample
Savvy retailers invest money in the promotion of their
products by creating business cards and samples. Cards that
include your name, the name of the company, your phone number,
and directions on how to use the product, if necessary, are
easy to attach to samples and give just enough information to
corroborate your credibility. (You don't want to overwhelm
your customers with printed material, of course. But you do
want them to feel assured that your samples come from a
reputable source.) Then, have them ready for the taking. Just
one tip: Make sure you get names, phone numbers, and the best
time to call before you leave your product with potential
customers. You're a businessperson, and your samples have
value. You know your products are the best that money can buy.
So act that way.
Follow Up
People will place a higher value on what you're giving them
and be more likely to use your sample if they know you're
going to take the time to follow up with them. Indeed, the
fortune in this business is the follow-up.
Think
about it this way. What if one out of every 10 samples
resulted in a sale? And what if every sale resulted in a
repeat sale and a referral? When you build rapport through
follow-up and referrals, those all important royalties grow
exponentially.
So call
your customers and keep files. Follow up the next day and the
next. Ask how they're doing, and field their questions. But
always be brief and service-oriented.
Once
you've built a relationship, ask for referrals–an essential
part of multilevel marketing. Referrals lead to more
retailing, more referrals, and more recruits.
Build Up Your Downline
Imagine attracting one committed customer a week for a year.
Now imagine your success if five of those 52 become
distributors–and if they then turn their friends and coworkers
on, and some of those people also become distributors. It's
staggering, isn't it?
It's
also what multilevel marketers call building a "downline," or
finding a reliable team of people who are willing to sell your
product with as much enthusiasm as you do. And it's not
difficult to do.
Think of
it this way. The average person can always use a little help
financially, and becoming part of your business could be the
answer to all his or her prayers. Simply explain to a
satisfied customer that a distributor can receive a percentage
of the profit from the sale of the product. The more they
sell, the more money they earn. And the more money you earn,
too.
Throw a Party
If you're selling a product that can be shown and tried, the
power of the home party can turn you into a retailing tornado.
Here's what you do. Find a comfortable living area that's free
of distraction, and fill it with potential customers (friends,
relatives, neighbors). Be sure to show them your product as
soon as they walk in the door by setting up an attractive
display (complete with a little sign that says DISTRIBUTORS
NEEDED). Provide music and a few snacks. Then bring out the
storytellers. In other words, ask everyone in the room who has
had a positive experience with the product to share his
testimonies. And talk dollars and cents, if possible.
If your
wallet allows, think about creating a "company video" to play
on your VCR. Also, have a speakerphone handy so that some of
the best "testimonies" in the organization can be called in.
Learn from Rejection
If I were to come over to your house, plop a bucket of oysters
into the middle of the room, and tell you there was a
priceless pearl in one, what would you do? Chances are, you'd
open every last one until you reached the prize. You'll need
the same determination to succeed in multilevel marketing. You
may firmly believe, for instance, that someone you know could
turn his life around with what you have to offer. But that
doesn't mean he'll accept it or even consider it.
To
revise an old industry maxim: Some will, some won't–so what?
Stop whining and start winning–because someone's waiting just
for you.
You will
meet people who will believe in the product you're selling and
will want to sell it, too. Rather than waste your time and
energy on the ones who just don't get it, keep searching for
the ones who will. Shuck your oysters. Find your priceless
pearls. Move on. And build relationships with everyone going
your way.
Sandy
Elsberg is the author of Bread Winner, Break Baker and
a million dollar earner in the network marketing industry. She
lives in Orange County, Calif. |