Archive for April 3rd, 2010

4 Mistakes to Avoid When Starting your Internet Marketing Business

April 3, 2010 - 10:41 pm Comments Off

The road to internet marketing success is filled with roadblocks, detours and unexpected challenges.  Yet for many it is like moving down a super-highway.  They seem to start one day and then become an overnight success.  For the rest of us starting and growing our Internet marketing business is more like a trip through a maze.  There are lots of false starts and unexpected endings.  Yet for those who stick to it, success can be achieved.  Success really turns out to be learning the right basics and then staying true to those basics.  In this article I present 4 mistakes to avoid when starting your online business.

Mistake #1) Becoming overwhelmed with information, data and details.  The plain fact is there is information on almost every aspect of starting and growing an online business.  The bad news is there is a lot of information available.  If you allow yourself to listen to and read everything, you will soon become absolutely overloaded with emails and ideas.  The best way to handle this issue is to force yourself to limit the number of marketers who you subscribe to.  Increase the odds for Internet marketing success by challenging yourself to find the few who align well to your business plan and then stay true to those few.  

Mistake #2) Failing to stay true to the core business that was chosen.  It is critical to stay focused on a single niche or product group.  Jumping around is not only unfair to you, but it is also unfair to your Internet marketing business.  Those who are successful today started with one specific niche.  They stuck with it until they achieved success.  That’s what needs to happen with your business as well.  Truly give it the opportunity to succeed by staying loyal and devoting your all to that one online business effort.  

Mistake #3) Jumping from idea to idea.  It is very easy to become enamored with the idea of the day.  Soon you find yourself stopping, changing directions and then restarting, or worse yet, starting all over again.  Sure some marketing campaigns do get your attention.  Who couldn’t stop for a moment when you read headlines claiming someone started last week and already they are on their way to a million dollars and Internet marketing success?   But remember how much time and effort you’ve already invested in your current business.  It will likely take that same amount of time and effort if you start over again in a new direction.

Mistake #4) Failing to take action.  The worst mistake of all is failing to take action.  You must take the action of selecting a market niche for your online business.  You must take the action to locate or develop a product and then all of the pieces of the Internet marketing business to support your niche.  Above all you must take the action of committing to move forward with you business using sound marketing and management.

To your Internet marketing success!

MLM Network Marketing Lead Generation Systems – Why Your Business Must Have One

April 3, 2010 - 9:46 pm Comments Off

So, you’ve decided to pursue an MLM business opportunity. What is the first step in getting a new venture up and running? Although this choice made complete sense to you, why doesn’t it seem to interest your friends and family? Even after they went to a meeting with you and listened to the company sales pitch? Home-based business, and in particular, network marketing now produces $110 Billion in revenue, after all!

Believe it or not there is no scarcity of prospects for your business. If this is the truth, why don’t you know any of them? So you’re tempted to give up and become part of a statistical 95% who “fail” in business. Your sponsor has told you to engage people in the mall and at the gas pump? Isn’t there a better way to find interested people, or even better, have them come to you?

What many are finding is that internet marketing can be used to advertise their company through “attraction marketing” and to generate MLM network marketing business leads. In most MLM companies there are certain distributors who have discovered a way to use the Internet, but few who have their own marketing system, by which leads are coming to them. Due to the high cost of Internet marketing, most rely on the marketing skills of others, who generate MLM leads, usually via Internet marketing systems, and then make these these leads available for sale. Using leads from a “Leads Company,” can be very successful, but involves the expense of up to $10-15 per lead and still takes quite a bit of work since each individual “lead” has to be contacted and informed about the specifics of your business.

The quality of these “leads” can vary greatly and many get “over-exposed,” receiving calls from scores of distributors, since the “Leads Companies” sell each name up to 30 times. And what about the new FTC rules? But the main problem is that unless you generated the lead yourself, it’s still up to you to make the contact. Wouldn’t it be better if the prospect saw your ad and contacted you about it?

One thing that is rarely taught by leading MLM companies is how to market, and more specifically, online marketing. The replicated MLM distributor page provided by the company, typically services only a few customers and attracts virtually no new distributors. Realizing the need, several companies founded by successful Internet marketers now offer generic, proven MLM marketing training and related services for a nominal monthly fee. The best among them offer all the needed tools including customizable landing pages, squeeze pages, autoresponders, etc. Everything that a professional Internet marketer needs to generate leads!

Does that explain why you need an MLM network marketing lead generation system? It is quickly becoming a key element of successful business. Rather than becoming a statistic of failure, take control and become a leader in your company by using an effective MLM lead generation system.