Hi there, Welcome to this blog, the object of this blog is to help you become better at network marketing.
What is network marketing.
Put in its simplest way network marketing is the selling of goods and/or services over the internet. The goods can be digital goods, such as, ebooks or software that can be instantly downloaded by the purchaser to their computer and used. Physical products that need to be ordered and are then delivered to the purchaser, such as, electronic goods, books, gifts, items for the home and personal items. Services, such as, power, gas and telephone lines. These products can be your own products that you receive full payments for or affiliate products that are owned and produced by somebody else and you are paid a commission for selling them for them. This is just the introduction, if you look over to the right you will see the categories section, the links in there are to other sections you will be interested.
Network Marketing methods
The vast majority of products sold by network marketers are digital products that the purchaser can download immediately directly to their computer, this is also the easiest for the seller as they don’t have the bother of storing and shipping the goods
Affiliate products
These are items that are produced by somebody else who gives you permission to sell them for a commission, you get paid as per the terms of your agreement with the owner of the product.
This can be anything up to 75% of the price the purchaser pays for them and you can be paid immediately or payment may be deferred until
a given time in the future, some pay every month others may pay quarterly. This is commonly referred to as affiliate marketing.
MLM
MLM or multi level marketing is another popular way of making money on the internet, you are sponsored into the program and part of your monthly payment goes to your sponsor, their sponsor etc. this can go up many levels.
You are then expected to sponsor others into the program so that you generate your own income and add to the income of those above you, often referred to as your upline.
There are normally products associated with these programs, they are big in health & wellness products, training products and many other things. You also get paid a commission on the products your MLM program offers.
That is a brief overview of what internet marketing is all about, if you have any questions please post them as comments and I will do my best to answer them
All about advertising
The most important aspect of making money in network marketing is advertising, there are many different forms of advertising available on the internet.
Probably the most popular one people start off with is email marketing, you join a program that performs the dual function of building your list and sending out emails, there are quite a few of these programs out there, the ones I use are: Viralurl, List Auction, List Joe, and ListDotCom, I find I get a fairly good response from all of these.
If you do join any of them I would advise you take the upgrade option if you can possibly afford it as it gives you considerable benefits
One thing I like to point out at this stage is that if you use pre-written emails from your program there is a good chance they will have a personalisation field in them, they are designed to put the recipients name into either the headline or the subject. All of these programs use different formats for how to display the name into the final email message.
You have probably received emails that start “Dear {Firstname}” or something like that, this because the sender failed to follow this simple step.
For example the email you have got from your program has an opening line of:
Dear [[NAME]]
If you copied that directly into a ListDotCom email it would work correctly, but, if you put that into a ViralUrl email it wouldnt work you would need to change [[NAME]] to {firstname} for it to work.
All of these programs give specific instruction as to what personalisation code to put in to enable them to work.
More about advertising to come in my next post.
Don’t forget if you have any questions post them as comments here and I will reply to them.