Online Marketing Facts
It is a sad fact that 95% of all Network Marketers finish up losing money and eventually leave the industry disillusioned. Why is the rate of failure so high? There are typically two primary reasons why people fail in a network or affilliate marketing business.
The 1st is that internet marketing is a business of marketing, training and business ownership. Unfortunately, the majority of people in the industry haven't been trained on the simple way to market, the simple way to train or the easiest way to become successsful entrepreneurs.
The second prime reason for the high rate of failure is the absence of a real, successful and duplicatable business system. Not many people have a natural ability to sell a chance on the phone or head to head to a total stranger - it requires a huge quantity of skill and experience.
The phone skills and closing techniques necessary employing a traditional internet marketing approach are certainly not duplicatable, and not something that your downline can just copy for instant success. Network Marketers need a duplicatable business system and the knowledge to work that system on a daily basis. Let's have a look at McDonald's. They're a Billion Dollar franchise.
The most successful and duplicated financial model in the world. And one that actually is run by a largely unskilled workforce. How can this be so? Being naive I believed much of their hype and now feel such a fool for being so stupid. I have finally discovered that it just doesn't happen that way no matter what they might say to enjoy internet success you must be prepared to be committed and dedicated to working until you get established.
Then when you have learned trading techniques your web site will get visitors and you will start to earn a residual income which ultimately increases month by month.
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The 1st is that internet marketing is a business of marketing, training and business ownership. Unfortunately, the majority of people in the industry haven't been trained on the simple way to market, the simple way to train or the easiest way to become successsful entrepreneurs.
The second prime reason for the high rate of failure is the absence of a real, successful and duplicatable business system. Not many people have a natural ability to sell a chance on the phone or head to head to a total stranger - it requires a huge quantity of skill and experience.
The phone skills and closing techniques necessary employing a traditional internet marketing approach are certainly not duplicatable, and not something that your downline can just copy for instant success. Network Marketers need a duplicatable business system and the knowledge to work that system on a daily basis. Let's have a look at McDonald's. They're a Billion Dollar franchise.
The most successful and duplicated financial model in the world. And one that actually is run by a largely unskilled workforce. How can this be so? Being naive I believed much of their hype and now feel such a fool for being so stupid. I have finally discovered that it just doesn't happen that way no matter what they might say to enjoy internet success you must be prepared to be committed and dedicated to working until you get established.
Then when you have learned trading techniques your web site will get visitors and you will start to earn a residual income which ultimately increases month by month.
714
