The Only Way to Survive The Cutthroat Competition In Network Marketing
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Is your home business a real business or just a hobby? Do you treat it like one? Here's how to tell.
I struggled with those questions for a while. I knew I felt like it was a real business because of the amount of time and dedication I was putting into it, but in reality I was treating my business like a hobby.
Here's what I mean...
There was a missing element in my understanding of running a real business. It's well known that marketing and generating leads are the lifeblood of any home business enterprise. I had no problem understanding that, and I was doing everything I could to get leads... or so I thought.
I really didn't understand what it took to advertise online effectively.
Let me throw out some numbers for you to give you an idea how competitive the network marketing and MLM industry is for online advertisers.
If you're using online advertising such as Google Adwords, you have to pick out keywords to bid on. Each time someone types in those keywords and finds your ad on Google, you pay a certain amount for each time someone clicks on it. The demand for each keyword determines the price.
I researched estimated daily costs for keywords relative to the network marketing industry. In other words, here is what you would be paying EVERYDAY to use these keywords to advertise on Google Adwords:
- "Home Business": $3,320 (or more) per day
- "network marketing: $840 (or more) per day
- "mlm leads": $280 (or more) per day
- "work from home": $1,660 (or more) per day
That's a whopping total of $6,100 that you would have to pay EVERY DAY to advertise your business opportunity online! It could be much higher, and it's only going to get worse since the industry is growing.
If you're new to this, don't let this scare you, but do take my words to heart. What made all the difference for me was one thing: massive action. It allowed me to advertise online very effectively not pay a single dime!
Taking massive and aggressive action every single day is what will allow you to make the transition from simply having a hobby, to being a real business owner.
I can show you how to bring that $6,100 to zero, and still get a high number of quality leads for your business every day through online advertising. If you want to accomplish such a feat, you have to be very aggressive in your marketing.
This will require knowledge, expertise, and guidance. Here a few things you must do to survive in the cutthroat world of internet marketing...
First, pick out low cost or free advertising methods. This may sound like an obvious solution, but they don't bring results nearly as quickly as Google Adwords or some of the other paid advertising methods.
Example of these are placing solo ads on Ezines, writing articles, and creating a blog.
The second thing is to create a massive action plan for your advertising efforts. I call it the M.A.P. (Massive Action Plan) to your success. Be very aggressive, very consistent, and test your results continuously. Create a plan or daily routine to do your advertising, and follow it without fail.
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Comments
With the advent of web 2.0 and social networking promoting yourself and your business online is free for anyone. However, only a select few ever learn how to do it effectively - and plastering your mlm company's web banners all over your profiles in the hope that lots of people will click and join or buy is not the way it's done.
The best advertising is always free- it's word of mouth. Serve people and help them and they will provide you with the kind of promotion that money can't buy
Look forward to your next hub, take care
Louisa









moneywize says:
2 years ago
nice site