Yes, I ran from network marketing every time I was approached. I thought is was all a scam. My background is in advertising andÂ my thoughts were it is not a good product if they don’t hit the shelves and market the heck out of it. Or maybe it is a good product but they are marking the price way up in order to have the compensation plan that network marketing build it’s business plan on. If I were to join the business how could I feel good about selling a product that is overpriced for my benefit? A couple years ago I received an email from a friend of mine that she had left her successful career of 20 years and after some down time was wanting to do something that would allow her the flexibility to work when she wanted and be truly on her own schedule. She said she was getting started with a network marketing company. My jaw dropped to the floor. This was someone I respected and had a special connection with because she was also in the advertising/marketing business that I was in prior to choosing to stay home with my kids. I was always impressed that she was able to maintain such a demanding job, even working from home, and balancing her home life. I knew what that would take and I just didn’t have the drive for it. When I opened the email she had sent to what seemed to be her entire contact list saying I have joined such and such company and I think you should look at it to, I did. Next I immediatently typed in network marketing scam on Google and started looking at all of the reasons she should not be doing this. There are articles on why to do it and why not to do it. There is so much information out there but at the top of the list for most common pros and cons I found are this:
#1 Reason not to do Network Marketing:Â Only 3% of network marketers actually make the big bucks.
#1 Reason to do Network Marketing: Flexibility in network marketing allows for more income, more time and more opportunity.
Please feel free to add additional pros and cons in the comments section below.
That alone was reason for me to close the email and forget about it. Nope, not for me. Only 3% of people make the big bucks coupled with my belief of product mark up I’m out. Â About a month later I get another email inviting me to come taste the product and hear about the opportunity and then she would leave me alone about it. My reply, NO. I go to the “shopping parties” and buy the stuff like jewelry or dishes to be nice and I do like the stuff but I am not going to be made to feel like I need to start this business because you gave me a little wine and cheese as I listened to your pitch. Another invite, another no. Finally someone else that had recently started doing the business with her dropped off some of the product for me to try and a DVD of what it is all about when she attended my son’s birthday party. You know what I thought…Are you kidding me! Why is she doing it, her husband has a successful career as a periodontist? Why, because they really researched what the product was about and truly believed it was beneficial. OK, I will taste it thanks, here is your goody bag from the party Bye Bye. I tasted it. I liked it. I watched the DVD and was intrigued by what they had. Â I researched the product and what the health benefits were. About a week later I told her I would become a customer of the product because I do like it, my husband likes it and my kids like it. Don’t count on me to be a distributor/promotor whatever. We began using it consistently. I liked it and did feel like it was a good decision for my family. A few months later I started researching the Internet on how to even have a network marketing business.
I think in the beginning I was looking again for all of the reasons I should not do this business even though I liked the product. Â I do not want to be that girl that people think “Oh no, here she comes, she is going to try to sell us”. I also don’t want to sell my opportunity to someone that can’t handle the initial investment just for the hopes that they might be successful. This business is no winning lottery ticket. The odds are stacked against you though like the lottery if you look at the numbers. I don’t want to ever feel like I have taken advantage of someone by getting them to join under me for my benefit only. I don’t want to ruin a friendship or relationship with someone that decides to do this business and doesn’t succeed. These were my ground rules if I was going to do this.
In order to be in the top 3% of the network marketers that make the big bucks you must have a duplicatable system. You must also put in time and effort. If you start researching how to be successful in network marketing you will come across numerous programs that promise you the answer to creating leads, funnel systems, value etc. Do they work? Sort of. These people have learned the tricks of the trade and know what makes things tick to grow in network marketing. These are proven systems. This is where I sat back and thought would it be nice to make $5,000, $10,000+ a month that these systems say they can teach you? Would it be nice to have 30 leads a day an automatic pilot? Yes. Do they work …in my experience not really! I did research and use many of the systems out there and the top 2 in my opinion are My Lead System Pro and Jonathan Budd’s The Seven Figure Networker. The help you to create a funnel system in a funded proposal format. Using their tools create capture pages and direct people to use their systems and make money as an affiliate. Once someone has opted in you have their contact information and then groom that relationship from an expert standing and hopefully they will decide to join your team. Â I am Social Media and Direct Sales marketer, but no matter what in order to grow my business it was was clear whatever I did, everyone that joined me also had to be able to do. These systems were much to detailed and took already limited time away from the main purpose. Duplication equals success in network marketing. Turn key out of the gate systems are what work. One focus, one goal. Simple. I partnered with a company that does just that.
Now, there are people that have purchased the product from me and done the auto ship because, like me, they like the product. They are up front with me that they only want to be consumers and that is great! I tell them if they change their mind let me know and I will help otherwise, enjoy the product and thank you. I also tell them that if at any point they would like to work the business let me know and I will help. If someone signs up and really wants to work the business I talk about what their goals are. Again, “their success is up to me” so I need to know what they consider success. Do they consider making an extra $500* a month a success, $1500 a month a success, $20,000+ a month a success? The 3% number I quoted above means success as a Top Achiever or Rank. However, maybe success to them is just a little bit of additional income. Whatever it is, a plan needs to be established to achieve it. There is an investment. Everyone will achieve breaking even at different rates and earning that added income at different rates. “Their success is up to me” and I will give them the honest answers of how to achieve it with a duplicatable system and help them but they will have to put in the work. Network marketing is a business and it will take work.
Are you wondering what changed my mind about network marketing in the first place?Â I worked briefly with the Red Bull account when I was still in the thick of my advertising career and saw the way they went into markets by mainly using word of mouth and focusing their marketing efforts on that. They were not a Network Marketing company but the concept they had when starting out was to get people talking about it. Frustrating when you work in advertising because you want Big Budgets. Big Budgets means commission and pay to you. Instead they just wanted to spend a little on the marketing budget by getting the radio DJs to talk about Red Bull and then be present out at the Radio Events to have people taste the product. Â They knew that people talking to other people about their product would create a buzz. It would also pay off to be in front of people as they tasted Red Bull so they could personally be Â there to answer the questions of the consumers directly. Thinking about this all of a sudden it sort of snapped to me that in network marketing essentially the sales people are the marketing budget. All products have mark-ups. As with anything that you or I purchase at out local Target (I love Target) the product is priced not for what it cost to make. Their is a pricing strategy for every product that allows for profitability. This strategy involves a list price, an invoice price, a product price. All of this has to factor in company profits to pay employees, marketing budgets, profit loss from theft and on and on. All of a sudden my theory that the products where needlessly marked up to pay the compensation plan became that all products are priced to pay some sort of compensation plan. Network marketing products are the same. The price I would pay for the products I sell is the same price I would pay if they were in the store.
Well, with all of that said still for awhile I was embarrassed to admit I might actually like network marketing. I started meeting other network marketers in the company I work with and you know what I realized… There were all kinds of people in this business. Â I have met people that run successful companies and in addition have joined network marketing because they like the concept and see the potential. Some of the people I met started because they had no other option due to the economy and unemployment. Others are moms like me that love staying home with their kids but miss having something of their own to build or just the relationships that come with working. One gentlemen I met is a successful Executive and he wanted to start a home business for the tax advantages so he and his wife chose to go into network marketing because of the low cost to start the business. I asked him if he was ever embarrassed of what people might think. The answer, No. He didn’t even say anything else but had this look on his face like I asked him in a foreign language and finished off by squirting milk out of my nose. In other words confused by my question and puzzled. It had never crossed his mind. “OK, thanks…oh, my friend is flagging me down, bye, nice meeting you” as I walked off and thought why is it I embarrassed?
Hi! I’m Cynthia and I’m a Network Marketer.
I joined a company I love. I am confident in the products I promote. I am confident in how I grow my business. If someone else sees the benefit in it and wants to be a part of it great, if not that is OK too. Network marketing isn’t for everyone. Can anyone do it? Yes. Can anyone succeed in it? Yes, once they define what success would be to them, define a plan, follow the plan and put in the work. Does everyone want to? No. I will tell people what I do. If they want to know more they will ask. Like I said I will not be “that girl” that always talks about it. It also will not define this blog. Yes, some of it will cover network marketing. Some of these topics can be applied to any home business or even corporate world business. I will also talk about MOM topics, family topics, Real Estate topics, fashion and whatever else I feel fits into the life of a MOMpreneur.
Hi! I’m Cynthia. I’m a Mom, Wife, Daughter, Friend, Pet Lover, Entrepreneur, Networker, Network Marketer, Fashion Fiend, Multi-tasking Magician, Terrible Baker but Great Appetizer Maker and the list goes on. If you are a personal friend of mine don’t worry. I may bring it up in conversation but only because it is part of what I’m doing just as I would my latest PTA duty, Real Estate Client or facial. If you want to try it you know where I am, otherwise the invites I extend to you will be for cocktails : )
Everyone, thanks for reading through this long post.Â Does the story strike a chord with you? Have you had any similar experiences? I don’t mind hearing the good and the bad. There are two sides to every story and opinion. Leave me a comment and let me know what you think.
* A little note from my real estate background. Did you know most of the home foreclosures would be stopped if these people had another $500 in their monthly budget to spend.
Looking for information on how you can succeed in Network Marketing? Visit the Partner With Me page now and join the team of leaders we are developing.
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