How to Grow Your Network Marketing Business Fast
So you're in a network marketing opportunity and somehow, you aren't getting the results fast enough.
You have the products, the system, and you might have the leadership.
So why are things not picking up?
If this is the situation you're in, then this article was written to give you that acceleration boost in your network marketing company.
Let's get the big elephant out of the room 1st.
Realize, that your network marketing company is not a get rich scheme. So if you're expecting overnight results, you'll need a big paradigm shift.
What you can do is start leverage your existing network marketing business to add new markets and new customers.
In an indirect way, you can also grow your business in a more direct way. If you want your current network marketing business to grow, be sure to build the right structures around it so that it will not only continue growing but also become self-sufficient.
Top Ways to Grow Your Network Marketing Business Fast
The world of network marketing is an extremely competitive industry. There are just so many other people in the same niche and differentiating yourself from them can be a real challenge.
If you’re looking to grow your network marketing business fast, start by learning the top ways to do it. As it pertains to your business goals, whether you are looking for a long-term career or just want to make some extra cash, these tips will help you keep up with the competition.
Start by assessing your current situation as well as your competition and start formulating a plan on how to improve your chances of success.
Let's go over SWOT analysis for your network marketing business:
- What are your personal strengths?
- What are your weaknesses?
- What are your threats?
- and what opportunities do you have in your business?
These marketing tips will tell you what kind of enticements should entice customers towards joining your network marketing business, where you should target potential customers, how much money you should invest in promoting your network marketing business and more!
Let's dive more into the nitty gritty...
Connect with Targeted Prospects and Generate Leads with Attraction Marketing
There are two ways to grow your network marketing business fast.
- You can boost your "typical" enrollment activities (do more in less time).
- Or you can start marketing your business through paid approaches or even buy network marketing leads.
Before tapping into those methods, let's go over some ground rules.
First, you need to be careful about the level of involvement you enter into with any prospect, especially if it’s one that could be considered “too risky.”
Remember that every person in your life is also a potential customer for your product, so don’t jump into anything blindly just because it sounds interesting or sounds like it will pay off in the future. If it doesn’t seem like a good fit right now, don’t take on too much risk.
Next, you need to find someone who has already been successful in their business venture who will be willing to share some of their secrets with you so that you can learn from them while they learn from you — literally.
Most successful MLM salespeople will tell you what worked for them and how they made money working with their current clients while they were doing something else; this is especially true if they’re fairly new to the business or coming up on their own success story (although there are definitely exceptions, as I learned).
If you have time (and free time), find your friend/network marketing mentor and get him/her to tell you a little bit about exactly how he/she did what he/she did and what he/she would recommend for someone else trying to pick up some fast money in MLM today (or tomorrow). There are other sources of information out there as well — ask your friends online about their online marketing experiences or read blogs such as these.
Now that we have the ground rules out of the way, strategy number 2 is what I get the most questions about.
After all, most MLM companies shun the idea of using paid strategies for enrolling more team members because they want to create a fair opportunity for all.
However, realize that in business, there's always going to be people that have more strengths or less weaknesses than you, so it's really not a level playing field.
If you want to learn more, check out my free MLM training.
How to Get People to Join Your Network Marketing Business
The average network marketer makes a simple mistake. They define their goals in terms of growth. This defines their objectives as linear and unidirectional. They’re not thinking about the reality of geometric or exponential business networks, no matter how large or small their group is.
So, if you’re a network marketer, you need to reframe your objectives to grow your business faster.
In order for your business to be successful, you have to increase your number of members and subscribers. And there are several ways that you can do that:
Diversify . If it doesn’t matter what type of product you sell, diversifying into different channels and different products will maximize the chances of success.
If it doesn’t matter what type of product you sell, diversifying into different channels and different products will maximize the chances of success. Focus on one niche . Network marketers who specialize in specific niches are more successful because they can concentrate on selling the right product at the right time with just a minimal marketing budget.
For example, if you're offering a pill to help shed the fat, your market shouldn't be the majority of people.
An example of a niche would be women in their 40's that are trying to trying to boost their metabolism and shed fat after having kids.
Another example are men in their 50's that have been sitting down all day in their jobs and have been looking for ways to get a six pack.
See the difference? If you had a special message for both, there would be big differences in the content.
Network marketers who specialize in specific niches are more successful because they can concentrate on selling the right product at the right time with just a minimal marketing budget. Sell targeted niche products or services . Network marketers who specialize in one niche tend to focus on certain customers or prospects with just one dollar per sale, making it harder for them to grow their business size compared to the other types of network marketers who focus on multiple niches at once.
The point is that if you want to be more successful than others in your niche—you need to expand beyond what is already done for your demographic group (i.e., “women over 50”) and move out into new markets wherever possible (i.e., “people interested in cross fit and related supplements”). You should also be willing to experiment with new products and services as long as they are centered around one market niche (i.e., direct sales versus affiliate programs).
How to Build Your Network Marketing Business on Autopilot Using Attraction Marketing
From the time I started selling on my own, I have noticed one thing. No matter how much money I make, no matter how many people sign up for my programs, no matter how many sales I can make in a day, I have a hard time recruiting new business partners fast enough to keep up with new people joining the network.
If you want to make more money in network marketing, you need to grow your network faster than ever before. You need to train your network marketing team to recruit as many new people as possible every day. This is why it’s so important to use the different methods of attraction marketing that we’ll talk about here today. This is why we’re going to show you how to build your network marketing business on autopilot using attraction marketing techniques. In this section, we will review each of these techniques and explain what they are and why they work so well for getting more business from more prospects every day.
Let’s get started with the first technique that you should know about: Attraction Marketing Automation (AM).
What is Attraction Marketing Automation?
Yes, you can do more and get more results with automation in your business!
The idea behind AM is that you build yourself up as the authority, not your company. You also utilize automated lead generation systems online that will automate the follow-up process between you and your prospects.
Compare that to the traditional systems of writing down your prospects names and contact info in a notepad, and following up with each person over the phone.
Nowadays, people use online technologies like MS Teams or Zoom, but still, there's still a lot of manual labor involved in what most of these traditional companies teach.
I will show you step by step instructions on how to utilize attraction marketing automation in your network marketing business. Check out my free MLM training.
The truth is that there are no shortcuts to network marketing success. The reason why you need to work hard is not because you’re lazy, or because you’re a failure, or because you don’t understand the system.
The reason why you need to work hard is because there are no shortcuts to success in any business.
There are no magic formulas here.
The problem isn’t that social media or your company's system isn’t working for you.
If you want to get serious about network marketing, build your business like a professional football player or doctor. It will take time and it will take hard work.
Just like any thing dreamy in life, kicking back and doing nothing won't help you get closer to your goals.
If you're serious about building your MLM business, now is the time, and you must make a serious decision to make a difference!