MLM has been around in Singapore for over 30 years now and previously was frowned upon. However, the market is changing and a lot of young professionals are starting to warm up and get involved with this dynamic industry.
There is no surprise there as the MLM industry has become more and more advanced over the years. Let’s see why so many people are attracted to this business.
The biggest advantage of this industry, is the potential to generate a massive amount of money each month. In fact, if you look at the investment cost versus the amount you get back from the business, it has the biggest ROI out in the market.
Why? Because of its structure and the fact that the remuneration is commission only and is based on performance. The second reason is that it allows the average Singaporean to get out of the corporate rat race. This is huge! Especially in a country where most graduates strive to go corporate, it is a release from the clutches of a modern capitalist society. And of course is also a release from the suit, the politics, the 6 day week and your tiny 3 foot cubicle.
But really, these reasons boil down to two main things – time and freedom. Time to actually enjoy the truckloads of money you worked so hard to make and financial freedom to actually enjoy all that life has to offer.
So we know that MLM is getting very popular and you can make lots of money. Well what about the success rate? Unfortunately the success rate in this business is a measly 3%. That means that 97% of all people that try MLM fail. This is a worldwide statistic and is not isolated to just Singapore. So why is that?
Well, unfortunately most big MLM companies are still stuck in the stone age and train their distributors on the most out of date prospecting techniques. They tell you to make a list of 50 to 100 people you know and go out there are pitch your amazing opportunity. And once you run out of friends and family to speak to, they tell you to cold call, buy crappy leads online and pitch anything with a pulse! Sound familiar?
So it isn’t a surprise that most people end up failing when such ineffective recruitment methods are being taught. It is this very training and traditional methods of marketing of this business that has put a lot of people in a bad position. But is there a better way? Absolutely! Since we are in the modern age, we really should be maximizing the use of current forms of communication and avenues to reach our audience. We need to broaden our scope and use tools like the Internet to reach an international audience and not just people in Singapore.
People also need to focus on marketing so that they can “attract” people towards their business instead of prospect where they are constantly having to “chase” people around. And isn’t it time you stopped hassling your poor friends and family? At this rate, you will have none left!
So success in a Singaporean MLM has nothing to do with the company or the product. At the end of the day there are many good companies out there and unless it is a cure for cancer, it is YOU that still needs to sell the business. Therefore learning how to “MARKET” yourself and the business using modern day tools, is really the key to success in this industry. Learn how to market, get the right training on MLM lead generation, learn how to provide value to the community and you can be successful in any MLM company.
If you want to really understand the top secrets of building a massive MLM business worldwide, then check out Aaron Chen’s site here where he reveals a system that can teach your the top secret strategies of best online marketers. Click here to take a peak at that system and never worry about leads again.
Filed under Internet Marketing by Aaron Chen
You’ve probably read lots of different articles and emails online outlining successful network marketing secrets. There are quite a few out there, and some offer some pretty good ideas. Most people are in search of an easier way to accomplish their online business goals, so this is a popular topic. Ultimately, the secret to successful network marketing is whatever works to develop a stranger into an associate or colleague in your network business.
There are many suggested techniques and ideas out there, but in one fundamental way many miss one key point. And this is also the area where the majority of network marketers make their critical mistake: As soon as a lead is generated, they jump in with a sales pitch.
You’ve probably experienced it yourself. There are people and organizations out there talking about how great their organization is and why you need to “Join right now!” How much incentive is that-really?
The Secret is To Presell
If you’re looking for help in the preselling world, then Mike Dillard and Ann Sieg are both the answers. Mike founder of Magnetic Sponsoring, and Ann derives from Renegade Network Marketer. They have always preached the importance of preselling, and why you need to attract and teach prospects before asking for the sale.
In reality, most network marketers just don’t have the patience to pull it off. But if they could develop it, their business would see the difference. Preselling is probably the single best network marketing secret-and the key to building your business.
Preselling is an ability that is used to eliminate the need for a sales pitch. In order to make things easier, we’ve put together a quick example of how the process could work for your business:
1. A prospect comes to your landing page or other lead generator.
2. You learn about this prospect (perhaps they provide their email address inquiring about your free report). Of course, this prospect is immediately expecting you to come on strong with a sales pitch, as most network marketers do. But you surprise this prospect when you deliver no sales pitch at all. Instead, you provide information that talks about how they can focus on their own goals.
3. Each subsequent communication from you focuses on educating this prospect about how and why someone would want to build a successful online business. Your messages focus on the importance of providing other people with information they need and can use. Your message never ever gives any kind of sales pitch.
4. After several weeks your prospect has given you his or her trust. They believe you are someone who is interested in helping them succeed. The next action will be them asking what network company you are attached to online. In fact, you will notice that many of them ask how they can join you.
Can you see the difference here? Can you see why this process is different and so essential to success? When you educate your prospects to achieve their own goals, you are preselling yourself. This approach is the most effective network marketing secret out there. Now all you need to do is put it into practice.
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Filed under Internet Marketing by Amir Shkolnik

