Multi Level Marketing
October 24, 2009 by CK
Filed under News & Articles
What is Multi Level Marketing?
Multi level marketing is known as network marketing. This is a kind of business where franchising and direct selling are combined. This business makes a person associated to a company in an independent transaction approach. It is an approach where the company creates a contactor relationship to the person who wants to expand his business.
The members make their earnings based on the sales they have reached in that particular product or service. It also includes the sales of the person that they have recruited to join the business. Most of the time the individual who has recruited more members and provided a good sales output on the product compensate higher because of the effort to transact in two different fields.
There are “pyramid schemes” or Ponzi schemes, which are considered illegal. Most people associate multi level marketing to these kind of schemes because they also recognize themselves to be a legitimate networking business. Because of the bad image brought up by these schemes, many prefer to use their names for their businesses as “home based business franchising” or “affiliate marketing”.
Commissions are earned in the process of selling a particular product or service in a legitimate network marketing. There can be no earnings in what they call as a “sign up fee” or for just recruiting yourself alone. This kind of marketing is always criticized because of the questionable recruitment process where they get their revenue and profit. They get their sales from members and new members, which are considered the end users of the product and as the distributors.
These criticisms led to the major changes in the multi level marketing in the early 1980s when many companies have started to allow their members to concentrate only on marketing and not on distributing or stocking the product. Most multi level marketing firms nowadays perform as fulfillment firms by taking the tasks of shipping the product, paying the commissions and taking orders from their clients.
Many people who are victims of the illegal schemes in multi level marketing are required to buy expensive products, but most of these schemes do not last long because most of the sales are not easily resold.
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Public speaking II
July 23, 2009 by CK
Filed under News & Articles
Public speaking and speaking to a hostile audience
Eloquence is a great gift. You have this innate gift; you would surely move lives and turn out to be an influential person. The power of speech has been very strong and even our history could unfold the truth behind that. The world has been impressed by many great public speakers; well we do not have to be them just to be good public speakers ourselves.
The following tips may help you ease that hostility from your audience:
- Be attentive and understand the question being raised.
You noticed that a person from the crowd is just asking you questions just for the sake of asking questions, do not respond with sarcastic tongue. No matter how challenging the question is, keep your cool and answer accordingly.
- Be guided by your speech
No matter how this hostile audience bombards you with challenging questions, when you go back to the essence and the contents of your speech, this would simply show that you know what you are talking about and not merely stand there and open your mouth.
- Be the master of your temper
Treat your audience as your friends. With this treatment, they would feel the sincerity. This would further lead to establishing that chemistry between you and the audience. No matter how a part of the crowd pushes you to be irritated, hold that feeling and bear in mind that you are there to talk not to argue with an audience.
- Be honest to goodness
The more honest you are, the more the audience would really listen to you. It is far easier to deliver a sincere speech than to play pretense. Eventually, the audience will know that you are lying if you continue doing so.
- Be careful with your gestures
Never use the kind of gesture that may signal the audience that you demand dominion over them and that you are around to preach. Safe gestures are wise options. Be expressive but not too powerful.
There are a lot of things to consider when you are speaking in front of a crowd. From the preparation of your speech to the delivery, there are reminders to remind yourself of. When it comes to that challenge of talking to a hostile crowd, would you dare speak on?
internet marketing
July 21, 2009 by CK
Filed under News & Articles
Make Use of Offline Method to Promote Online Business
When you hear the word “internet marketing”, you would normally assume that everything from transactions to communication, payments to refunds, and the like, all take place in the World Wide Web and nowhere else. This kind of trend has been going on for years now and to such extent that people from all over the world are actively buying and selling through internet marketing and all of its fields and categories in order to make a stable passive income online. But lately, especially with the use of outsource services and automation these days, there have been cases where people are able to make money offline but provide a particular kind of service that they would be interested in online. The offline factor points to the customers themselves, in which actual advertisements are being used to attract them to the sales page or website for more information. This idea is not only a great way to save up on costs for online services but can actually expand one’s business in both ways: offline and online.
If you’re wondering how to make use of offline method to promote online business, it’s actually very possible and is even slowly becoming the hottest internet marketing trend today. How so? Let’s look at it through an example: Because of the financial crisis plaguing the country, a lot of business owners (those who own actual establishments like restaurants and stores) are having a difficult time keeping their businesses running and are spending a lot of money on advertisements and agency services. They are especially aiming for a website to promote their businesses online but are hindered in finishing the transaction by the expensive charges most web designers are imposing on them. So you can just imagine how valuable you can actually be to these people if you provide them with all their needs for just a few hundred dollars a month. You just need a few important tools to make use of offline method to promote online business: knowledge on internet marketing (PPC, SEO, etc), outsource services, and good communication skills. If you’re able to pull all of these things off, you can already earn as much as $10,000 per month and not have to sweat too much on the hard work.
So what actually happens when the website is finished? The advertisements are still in place, but with the new website posted as well. Once customers see that there is a website and a few contact numbers, they would visit the website and read what the business is actually about. If interested, the customer can sign up in the mailing list and will receive email updates such as events and promos going on in the business, breaking open the opportunity of earning hundreds of dollars through a few emails alone.
It is actually a very simple process and very possible to expand and grow, but it also takes good people skills and the ability to assure clients that they are being offered a greater deal than what the advertising companies and web designers are actually offering to them.
