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Secrets
To Million Dollar Multi-Level Empires
There are any number of appealing multi-level marketing
programs available these days. Many have the capabilities of making money for
the participants. However, don't ever delude yourself into thinking that
multi-level marketing won't cost you anything nor require much time or work on
your part. Indeed, successful selling, and that is what multi-level marketing
boils down to, will require an investment of time, money, dedication and hard
work!
Before you agree to any multi-level deal or begin one of your
own, it will pay you to do a little bit of market research relative to the sales
potential of the proposed operation. For instance, if you can sell to a "waiting
market"--one where people are ready to make a purchase--you will make money. But
if the people you attempt to recruit as members of your multi-level downline
feel that they are going to have a hard time selling it to someone else, then
you haven't got much of a winning MLM program. Regardless of how much money a
program claims you can make, it will only be as successful as the market will
allow. Enthusiasim for selling, as important as it is, will not substitute for a
poor product.
You should avoid programs that offer products of limited
appeal such as gourmet recipes, health foods, household knick-knacks, books on
needlecraft or magazine subscriptions. Beware also of deals that require you to
purchase an inventory or maintain a certain sales level. Usually you will end up
as the final customer of the product, with a supply of 400 pounds of laundry
detergent or 250 pair of gold-sequined dance shoes! Look closely for the
negative aspects of an offer, and then weigh these against the ease with which
you will be able to make a sale. In the final analysis, if you have a hard time
selling it, then the people you recruit to sell it for you will find it even
harder to sell, and that will be the end of your "big money" multi-level
program.
There are countless reports, manuals, books and other
publications that will tell you how to attain riches in mail order, party plan
selling, and even street corner sales. Most all of these "how-to" publications
will instruct you on how to put a mailing piece together, how often to send your
offers out, and even the importance of high quality advertising pieces. Very
few, if any, come right out and help you get your offer to your most likely
customers. As you know, unless an interested buyer sees your offer, you're not
going to make any money. Most MLM salesmen will thrash around, waste time, spend
hundreds of dollars and never make any money simply because they don't know how
to get their offers to the right pe ople without it costing them an arm and a
leg.
To help you reach your prospective buyers, here are some
simple tips. Regardless of what your offer entails, put together the most
dynamic and appealing one-page advertising circular you can develope. The
best-selling and most productive circular is one that directly tells the reader
that you have a solution to his money problems. In other words, with your
circular, promise him a way to make himself rich, and he'll not only be
interested, but he'll jump at the opportunity to join your program. Next, make
it as easy as possible for anyone who sees your offer to respond. Thus, in
addition to an order coupon at the bottom of the advertising circular describing
your offer, give him the chance to get involved in your program for the least
possible cost.
If you've put together a "winning offer," most people seeing
it will want to know more. However, if you charge them $5 registration or
enrollment fees, you will lose about half of those who are interested because
they are afraid of being ripped off. But, if you charge them $2 or less, almost
all of the people seeing your offer will take the chance just to find out what
kind of a deal you're offering.
Let's review: First, you must have a ONE-PAGE advertising
circular that really appeals to most of its recipients. Secondly, it must appeal
to the reader's hopes and dreams for success. It will also need to have a coupon
the reader clips off and sends in to you for enrollment or registration in your
program. And finally, it has to be priced at $2 or less to get everybody to at
least inquire further. With these basics incorporated into your mailing piece,
you will capture the largest possible share of your potential market.
Assuming you have now developed such a circular and have
organized yourself thus far, take this advertising circular to a quick printer
in your area. Ask to have 10,000 of these one-page circulars printed. This will
cost you approximately $300. If you don't have the money, you can either work
out an arrangement with the printer to pay him in 30 days or include him as a
silent partner in your program. Ask him to read over your offer, explain how you
intend to get it to the people, and about how much money you expect to gross
from it. Then, simply offer to split the proceeds if he will carry your printing
costs for you. While the circular is being printed, line up your initial
distribution efforts. Contact neighborhood civic or youth organizations in your
city. If unavailable, contact a local distributor of door-to-door advertising
and tell them about your project. Arrange with the leaders of these groups to
pay them $20 per 1,000 if they will station people at various locations in your
area and pass out one of your circulars to everyone as they pass by. Simply tell
them that you've got 10,000 of these circulars to hand out, and that you will
pay them the $200 for handing them out on the first of the month.
The best places to hand out your circulars are those malls or
shopping centers featuring discount stores, recycled clothing stores, and
inventory reduction sales. Next on your list should be flea markets, swap and
shop events such as gun or boat and recreation shows, and even garage and estate
sales. Anywhere there are a lot of people congregating or coming and going is a
good place to hand out your advertising circulars, all in your own home town and
without postage costs.
As your workers are handing circulars out for you at
strategic locations throughout the area, you should be calling in person on
every shopkeeper and store owner or manager in the area. Show them each a copy
of your circular. Explain your program to them and offer to cut them in on the
profits if they will help you distribute the circulars by dropping one in the
bag with purchases by each of their customers. The best possible bet is with
privately owned convenience stores and newsstands. These small businesses won't
want to become involved in extra bookkeeping nor the handling of money for you,
so you will have to devise a method of knowing from whose batch of circulars
your orders come. This is accomplished by placing a code for each of the stores
on the coupons of flyers they distribute.
Simply assign a different "department number" to each store,
and when you have the circulars printed for each location, insert that
department code in the address to which the reader is supposed to send his
order. You will be expected to supply the circulars without cost to the
distributors, including the special coding for each store. Thus the need for a
good working relationship with a printer in your area. The amount of commission
paid to the store owners will be based on the size of each order. The percentage
that you allow to each store per order received should range between 15 and 30
percent. Of course, always try to finalize each deal for the least amount
possible.
Be sure to keep good records of all your incoming orders. It
would be wise to have a separate record book for each distributor. Thus, you can
review the number of orders received from each distributor's customers with him
when you pay the distribution commission at the end of each month. At the same
time, jot the name, address and phone number of each person sending in an order
onto a 3 x 5 index card or into your computer database. Arrange these cards in
alphabetical and zip code order and store them in an old shoe box. When you have
10,000 of them, you will be able to sell them for 10 cents per name to any
number of mailing list brokers. Also, if your list is maintained on computer,
you can begin renting out the mailing list for $45 to $75 per thousand names for
a single use.
You will also want to clip the stamp off each envelope you
receive and save these in another box. Stamp collectors will pay you from $10 to
$20 for each shoe box full of stamps you can collect. After you have clipped the
stamps off, place the envelopes with your customer's return address in a third
storage box. When you have several boxes full of these envelopes from people who
have spent money with you, mailing list companies will gladly pay you for them.
Once you've got your town saturated with circular
distributors, be sure to leave a stack in all the barber shops and beauty
salons, as well as at the counter in cafes, restaurants, bowling centers,
theaters and the lodges of all the fraternal and labor unions in the area. You
can soon simply duplicate these efforts in a neighboring town or city, thus
increasing your income and profitability.
The above plan is a feasible multi-level marketing and total
advertising/recruiting effort on your part. Your main thrust is to pull in as
many prospects as possible and show them your MLM program. If they want to join
in, let them enthusiastically sign up. If not, forget about them and move on to
the next prospect. This form of prospect hunting is going to cost you money and
time, regardless of what you're trying to sell. Remember, there can never be any
reward without an investment on your part. Professional athletes say, "no
pain--no gain." Yet the small amount of time you spend in "pain" will eventually
be offset by the even greater financial "gain." You must dedicate yourself to
the task before you will reap the benefit of your labor.
What you have basically done up to this point is put together
an "invitation announcement" requesting an initial $2 investment by the reader,
and you have distributed it to as many people as possible. Interested recipients
will send you a "cover charge" of $2 to discover what your program is all about,
the payment offsetting your investment in preparing and distributing the mailing
pieces. Before you decide that this is an impossible method of making any money,
let's put a pencil to paper and do some figuring. Suppose there are 120,000
people in your town--50,000 adults in 20,000 separate families. If half of these
20,000 families were to send you $2, how much money would you have? $20,000,
right? Now then, tell me whether or not you would like to have an extra $20,000.
For a proportionally small expense of $3,500 for printing and distribution of
50,000 pieces, you would have received an almost 10-fold return on your
investment. Not a bad start.
People who send you $2 each for further information on your
MLM program hope to solve their money problems. You will send them back your
multi-level program brochure which describes how they can duplicate what you're
doing and make a bundle of money for themselves. At the same time, you send out
another one-page advertising circular that offers business success reports.
Suppose 10 percent of the people receiving your MLM brochure enroll and send $50
for a start-up kit or supplies. You have expanded your MLM distributorship and
made money, right? And now, let's suppose that of all the people who have sent
in $2 to find out what your program is all about, a total of 10 percent spend an
additional $5 with you for one of your business success reports. Your total
gross income will appear as follows:
| 10,000 |
responses @ $2 each |
$20,000 |
| 1,000 |
new MLM members @ $50 each |
$50,000 |
| 1,000 |
business report orders @ $5.00 each |
$ 5,000 |
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|
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GROSS INCOME |
$75,000 |
Now figure up your expenses, including all the costs involved
in printing and distribution.
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Printing and distributing 50,000 circulars |
$ 3,500 |
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Printing and mailing of 10,000 MLM brochures |
$ 4,500 |
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Printing 10,000 Business Report Circulars |
$ 300 |
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Mailing 1,000 Business Reports |
$ 200 |
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|
|
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TOTAL EXPENSES |
$ 8,500 |
Subtract your expenses from your gross income of $75,000, and
you should end up taking $66,500 to your bank, catching up on all your bills,
and spending a long overdue vacation in Acapulco or Hawaii!!
That's it! That's how easy and simple it is, and it actually
works! Once you have covered your entire state in this manner, simply start
renting mailing lists of Opportunity Seekers from the large mailing list brokers
and shotgun your basic one-page $2 offer to all of them. By following these
instructions and working according to this plan, you can theoretically take in
more than $1 million within the next 12 months. Imagine what you could do with
$1,000,000 in the bank!
Others have made their fortunes doing almost exactly the same
thing. There is no reason that you cannot make yourself a part of a winning MLM
team. You can do it! All it takes is that first circular and a concentrated plan
of total distribution. If you would like to make some of the big money of which
you have always dreamed, why not start today? Compose a circular, a marketing
plan, and a series of business reports. Success must be earned. Make your dreams
a reality--beginning right now! Good Luck!
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