logo
  • Entries
  • Comment
  • Popular
Recent Posts
  • Is Internet Marketing Just Like Multi Level Market...
  • Find Out How StumbleUpon Can Aid You In Getting Tr...
  • The Rural Areas And The Lack Of Doctors...
  • The Importance Of Incentive Packages For Locum Doc...
Recent Comments
Popular Articles
  • Who Else Wants To Avoid The Traps In Small Business And Find Success? (0)
  • About (0)
  • About (0)
  • Learn The Truth About Home Based Business And Succeed (0)
  • Home
  • About

Network Marketing Business – How to Target the Right Prospect Market

icon1 Posted by Admin in Marketing and Advertising on 01 20th, 2009 | no responses

One of the major pitfalls in a network marketing business is for network marketers is finding their target market.

A MLM business is a long term proposition but unless you’ve done some due diligence and worked out exactly who it is you need to attract to your business then you’ll be firing arrows at a blank wall. In other words, no target. So the answer to this dilemma – DO YOUR HOMEWORK

Hit and miss prospecting is rife in multi level marketing and is one of the reasons the industry has such a huge attrition rate. For example, many network marketers are taught that everyone is their prospect. Those of us who have been around for awhile KNOW this is just not true. Network marketing is kind of a redundant term since marketing is networking. Duh

This is so damaging it bears repeating. Everyone is not your prospect. When you target people who have not expressed any interest in what you have to offer what do you think the chances are that they will be receptive to your offer? It won’t be very good.

What happens most of the time is you’ll get a rejection followed by another and another until you get to the stage where you can’t handle anymore rejections and ultimately, the next step is, you’ll quit. Hit and miss prospecting and rejection are the biggest killers in any network marketing business.

Most people don’t handle being told “no, I’m not interested “. The more rejections they get the more timid and tentative they become. Hence the business doesn’t grow and they head for the hills. DEFEATED

So you need to identify your target market and then place your offer in front of them. Here are some questions you need to be asking yourself:

- What is my target market?
- Who am I trying to reach with my product or service?
- What problems do they have and how can I solve them?
- What are they looking for and what are their desires and needs?

These are basic questions and one of the best ways you can discover what people want and what problems they have is to simply be the prospect yourself. After all, you have a network marketing business and were attracted to it because you wanted to find solutions to problems.

By joining different social networks you can see what interests others. Do informal surveys of the topics people gravitate to and put your information out there too. Learn how to reciprocate.

Ask yourself, what attracted you to your current business? Was it the product solely or the people involved or both? The answers to those questions will tell you what others are doing to find solutions to their problems.

What we are trying to achieve here is a loyal following that we give quality services, information and products to. By building relationships with people that have a mutual interest to do business with us, we insure growth.

Once you identify what problems could be facing prospective prospects then you can base your marketing and promotions around them and begin attracting them into your sales funnel. Check out other articles to get more tips for you network marketing business.

90 Days To MLM Profits

* Email
* = Required Field


Leave a Reply

Click here to cancel reply.

Archives

  • March 2011
  • February 2010
  • January 2010
  • December 2009
  • November 2009
  • October 2009
  • September 2009
  • August 2009
  • July 2009
  • June 2009
  • May 2009
  • April 2009
  • March 2009
  • February 2009
  • January 2009
  • December 2008

Categories

  • Blogs, RSS and Podcasting
  • Business and Management
  • Finance
  • Jobs and Careers
  • Marketing and Advertising
  • MLM Business Opportunities
  • Online Business, Promotion and Marketing
  • Self Help and Motivational
  • Web Development
  • Writing and Speaking

Network Marketing Resources

  • EMAIL MARKETING MACHINEEmail newsletters, follow-ups, sequential autoresponders, and surveys
  • MAGNETIC SPONSORINGStop hunting for prospects and leads. Make them seek you out
  • MARKETING RANTMarketing tips and ideas: You small business doesn’t have to be so friggin’ small
  • NETWORK MARKETING HEROES90-day network marketing success plan
  • RECOMMENDED WEB HOSTINGBudget web hosting that will give you a one-click install for a site like this one. Try it for 30 days for just $1
  • REFERRAL FORMULAFree special report details how to get all the referrals you can handle without asking friends or family

Search

Meta

  • Log in
  • Valid XHTML
  • XFN
  • WordPress
Powered by Wordpress | Designed by Elegant Themes

90 Days To MLM Profits

* Email
* = Required Field