Have you heard people talk about MLM being a scam businesses ? I believed there are many, especially those around you and people whom you call friends or relatives. But upon further clarification of the statement, I can guarantee you that majority of them will say that they HEARD it from some other sources, which can also be untrue and non-verified.
What exactly is MLM ?
It is called Multi-Level Marketing also commonly known as Network Marketing today. Multi-Level marketing is the same thing as Direct Sales, yet no one ever questions about the integrity of these direct sales companies.
Some of these MLM companies identify themselves as Direct Sales, Network Marketing, Consumer Direct Marketing or People-to-People Marketing. No matter how you categorize it, they all do the same thing! They Sell products or services and their intention are to bring new people into the business so that that the group can grow to earn bonuses and additional incentives.
Depending on the marketing plan of the company involved, you earn money from your group effort and are paid accordingly to the various levels of activities involved. Everyone that joins you or sponsored by you can generated income on their own, as such they are also known as Independent Business Owner or Distributors.
In order to make money, they function as their own Sales Unit doing their marketing or sales of products by using a common system that the group or you would have created. Since all the level of your distributors are in marketing and sales, it is usually referred as Multi-Level Marketing !
As in any industries, there are bound to have bad apples that spoilt the basket. Needless to say, it occurs in the MLM industry too. Some leaders resort to all sorts of tactic just to make the money they want without due hesitation to others suffering. Some of these leaders were actually terminated by the company concerned. When they left the business, they start to bad-mouth the industry thus causing all the mis-conception you heard today. Of course there are some distributors after failing to make it successfully in the business also started to give false advises to their family and friends. As with any business, success does not happen over night.
Look around you ! There are some businesses that performed much worse than a MLM company but no one "crucified" them like they did to any MLM company.
My advise is that you must find out the facts about Network Marketing before jumping into conclusion. Does this FREE eBook by Ann Sieg looks negative to you ? 7 Great Lies of Network Marketing. I would recommend you to read it !
Showing posts with label businesses. Show all posts
Showing posts with label businesses. Show all posts
Wednesday, October 15, 2008
Wednesday, October 1, 2008
"Maximum Exposure on Low Cost Internet Ad"
Why do people advertise on the web pages that they are hosting ? To make money of course !
But how do they make the most of a low cost Internet advertising method ?
Advertising had long since been a major determinant of a business' success. This would include the presentation of the product / service to the consumers. What really matters is how it is presented to the target market to be able to capture it.
Whatever the package, the ad media also plays a great role in determining the success of the product or service awareness.
What may be its advantages over other proven medium like the best-selling TV ads?
Advantages
1. Low Cost
Even though the Internet ad might be viewed as "classy" or far-reaching, as compared to other medium, this is far cheaper than other kind of advertisement. Internet Ad Packages are offered for as low as $29.99 for a one-month run-time period.
2. Capture market
When your product / service are designed to cater to the younger generation or the corporate-oriented ones, using of Internet ads would be best option since most of the time they are always "hooked-up" in the net. The links to your site will greatly enhance the number of "hits" on your site! If they are converted to sales, then you would be making money from it.
2. Hassle free
All you really need is a PC (and with some knowledge and bright ideas in forming a site of your own.) You can search for the best Internet Ad package that is available in the net, by affiliating your site to theirs, you are able to check or update the status of your ad. For the technical savvy users, you can even design your own Ads before posting for usage.
3. Updated ads
Unlike the TV ads that need to be updated on a regular basis, Internet ads may run for quite some time without the need for change. If so, change in the site is very minimal and can be done easily at home.
Disadvantages
1. Scope
Limited market can be captured if one solely rely on the use of Internet Ad for advertising. Although most people now are into the use of technology, i.e. surfing the Internet, still, majority of the average consumers still relies on the old form of advertising as a means of gathering information about certain products / service.
2. Additional cost
If one would enlist the help of professional or establishment to produce the site for their product or service, this would incur additional costs on the part of the entrepreneur. The cost to produce an advertisement can be very costly.
Given the stated list of advantages and disadvantages about low-cost Internet Ad, an entrepreneur still find it viable to advertise on the web for 2 main reasons :
The target audience is huge ! There are billions of Surfers out there searching for information on the products that they want.
b. The exposure of your website becomes international and all these business can be carried out at the comfort of your home.
Internet ads allows "Maximum Exposure" of the whatever product or service you are marketing at a minimal cost.
Google Ads . Google Adsense
I am sure by now you have seen the various advertisement applets in this blog by Google Ads and must be wondering why is it there ?
This an utility catered by Google Adsense that allows us to advertise on subject matters that is closely similar to the Blog articles that I am offering. For example, if my Blog article is focusing on businesses or how to become an entrepreneur or what is a home based opportunities etc, the ads that is displayed could link you to some other websites with similar contents as well.
By clicking on these ads, I will "earn" a token sum of money ( cents ) and after a period of time, I can withdraw it from my Paypal account ( which is my Internet Bank Account )
With the availability of such money generating gadgets, many users today are contributing information's BIG TIME in the hope that they can draw visitors to their webpage and indirectly making some money as well.
But how do they make the most of a low cost Internet advertising method ?
Advertising had long since been a major determinant of a business' success. This would include the presentation of the product / service to the consumers. What really matters is how it is presented to the target market to be able to capture it.
Whatever the package, the ad media also plays a great role in determining the success of the product or service awareness.
What may be its advantages over other proven medium like the best-selling TV ads?
Advantages
1. Low Cost
Even though the Internet ad might be viewed as "classy" or far-reaching, as compared to other medium, this is far cheaper than other kind of advertisement. Internet Ad Packages are offered for as low as $29.99 for a one-month run-time period.
2. Capture market
When your product / service are designed to cater to the younger generation or the corporate-oriented ones, using of Internet ads would be best option since most of the time they are always "hooked-up" in the net. The links to your site will greatly enhance the number of "hits" on your site! If they are converted to sales, then you would be making money from it.
2. Hassle free
All you really need is a PC (and with some knowledge and bright ideas in forming a site of your own.) You can search for the best Internet Ad package that is available in the net, by affiliating your site to theirs, you are able to check or update the status of your ad. For the technical savvy users, you can even design your own Ads before posting for usage.
3. Updated ads
Unlike the TV ads that need to be updated on a regular basis, Internet ads may run for quite some time without the need for change. If so, change in the site is very minimal and can be done easily at home.
Disadvantages
1. Scope
Limited market can be captured if one solely rely on the use of Internet Ad for advertising. Although most people now are into the use of technology, i.e. surfing the Internet, still, majority of the average consumers still relies on the old form of advertising as a means of gathering information about certain products / service.
2. Additional cost
If one would enlist the help of professional or establishment to produce the site for their product or service, this would incur additional costs on the part of the entrepreneur. The cost to produce an advertisement can be very costly.
Given the stated list of advantages and disadvantages about low-cost Internet Ad, an entrepreneur still find it viable to advertise on the web for 2 main reasons :
The target audience is huge ! There are billions of Surfers out there searching for information on the products that they want.
b. The exposure of your website becomes international and all these business can be carried out at the comfort of your home.
Internet ads allows "Maximum Exposure" of the whatever product or service you are marketing at a minimal cost.
Google Ads . Google Adsense
I am sure by now you have seen the various advertisement applets in this blog by Google Ads and must be wondering why is it there ?
This an utility catered by Google Adsense that allows us to advertise on subject matters that is closely similar to the Blog articles that I am offering. For example, if my Blog article is focusing on businesses or how to become an entrepreneur or what is a home based opportunities etc, the ads that is displayed could link you to some other websites with similar contents as well.
By clicking on these ads, I will "earn" a token sum of money ( cents ) and after a period of time, I can withdraw it from my Paypal account ( which is my Internet Bank Account )
With the availability of such money generating gadgets, many users today are contributing information's BIG TIME in the hope that they can draw visitors to their webpage and indirectly making some money as well.
Sunday, September 28, 2008
A New Beginning !
The past few articles were written to allow those who come to my blog to understand that everybody has their own dream to pursue in life. Not everyone will appreciate what was written in this blog, however, my purpose for getting involved in Blogging is :
1. I can learn a "new" technology (been around for at least 5 years or more) to reach out to others in the web to gain knowledge.
2. I can learn from the real experts all over the web on how to make money with minimal cost.
3. Learning has no limit, therefore, I prefer to ingest good stuff into my brain rather than all the negative craps I see daily. They comes in the form of advertisement, newspaper, Television news and much more. The information that these media gives out has more negativity than it was 10 to 20 years ago.
4. What I know, I can share with others who might be searching for it. What I do not know, I will learn from the wise ( as there are many in the web ).
5. I can communicate more effectively with close friends, customers or relatives as they will understand me more ( when they read my articles ). As long as the Blog is alive, they can always refer back to whatever articles that might influenced them at a later stage.
6. It will helps me to improve on my writing habit, fluency or grammar over a period of time. I believe that Information today is valuable. As more and more people are hungry for informations, we can make use of it to make a profit too.
With this blog, I will try to append as much informations regarding businesses, self-development matter or any other "lobang" which I feel will benefit those around me. As for business matter, the main Blog will be at GenerateSurplus.com which is shared by a friend who is also keen to embark on to Internet Marketing.
"For a long time it had seemed to me that life was about to begin--real life. But there was always some obstacle in the way, something to be gotten through first, some unfinished business, time still to be served, a debt to be paid. Then life would begin. At last it dawned on me that these obstacles were my life"- Alfred D. Souza
1. I can learn a "new" technology (been around for at least 5 years or more) to reach out to others in the web to gain knowledge.
2. I can learn from the real experts all over the web on how to make money with minimal cost.
3. Learning has no limit, therefore, I prefer to ingest good stuff into my brain rather than all the negative craps I see daily. They comes in the form of advertisement, newspaper, Television news and much more. The information that these media gives out has more negativity than it was 10 to 20 years ago.
4. What I know, I can share with others who might be searching for it. What I do not know, I will learn from the wise ( as there are many in the web ).
5. I can communicate more effectively with close friends, customers or relatives as they will understand me more ( when they read my articles ). As long as the Blog is alive, they can always refer back to whatever articles that might influenced them at a later stage.
6. It will helps me to improve on my writing habit, fluency or grammar over a period of time. I believe that Information today is valuable. As more and more people are hungry for informations, we can make use of it to make a profit too.
With this blog, I will try to append as much informations regarding businesses, self-development matter or any other "lobang" which I feel will benefit those around me. As for business matter, the main Blog will be at GenerateSurplus.com which is shared by a friend who is also keen to embark on to Internet Marketing.
"For a long time it had seemed to me that life was about to begin--real life. But there was always some obstacle in the way, something to be gotten through first, some unfinished business, time still to be served, a debt to be paid. Then life would begin. At last it dawned on me that these obstacles were my life"- Alfred D. Souza
Friday, September 26, 2008
Steps to forming a business of your own
If you want to be an entrepreneur, welcome to the crowd. Every month there are thousands of people creating new businesses around the country but to start a business can be a complicating, risky effort. Only about 60% of these businessmen survive for 2 years and less than 50% of them survive for at least 4 years, according to a study by the U.S. Small business Association.
A typical business setup will include the following considerations. However, you can always look for a business consultant or an online free advice on how to prepare for it :
1. Am I an entrepreneur or businessman ? or a Wannabe ?
• To have a successful business, you need a certain set of characteristics. You must be willing to take calculated risks, be optimistic, and enthusiasm
• You must be prepared to play many roles i.e. Being a chairman of the company but still willing to fix the toilet when its broke.
2. Which business is suitable for me ?
• There are lots of ways to find a business idea. You can read about it on Newspaper, Magazines, Internet surfing or Forums. But for most people, they begin with their interest first.
• Back in 1989, when I found out that I was really interested in computer servicing while working as a Salesman, I left the company and started a business that provides Computer Servicing for companies that need to outsource their personal computers or monitors for repair.
3. Is the business still viable in the market ?
• Find out if the business is still viable by talking to potential customers, suppiers and distributors. You can even attend Trade-show or Seminar to guage if the cake is still hot. You are merely exploring the opportunity.
• If you have a product at hand, make some tiny sales in fair or local outlets to get feedback, good or bad, so that you can fine tune your business concept or other matters.
4. Write a business plan.
• No business can proceed without a game plan !. It should describe why and how you want the business to be carried out and by when will it be consider successful.
• It address concern such as : What kind of product or service am I providing? Who is my potential customers ? How can I make money out of it ?
• A plan can be fine tune as many times along the way so that it keeps the company growing in the projected direction.
5. How much do I need to start a business ?
• Most entrepreneurs start their business with the savings they have, or they also loan some funds from their family and friends.
• You also can get a loan with a bank provided you have assets e.g. your home and a very sound business proposal plan.
• The best advice is always to start small, and slowing building it up along the way.
6. What choice of business do I have ?
• For detailed business choices, you might want to read my September 24th post.
• The most basic choices are Sole-proprietor, Partnership and Private Limited. Each offers different legal protections, tax savings and ownership requirements.
A typical business setup will include the following considerations. However, you can always look for a business consultant or an online free advice on how to prepare for it :
1. Am I an entrepreneur or businessman ? or a Wannabe ?
• To have a successful business, you need a certain set of characteristics. You must be willing to take calculated risks, be optimistic, and enthusiasm
• You must be prepared to play many roles i.e. Being a chairman of the company but still willing to fix the toilet when its broke.
2. Which business is suitable for me ?
• There are lots of ways to find a business idea. You can read about it on Newspaper, Magazines, Internet surfing or Forums. But for most people, they begin with their interest first.
• Back in 1989, when I found out that I was really interested in computer servicing while working as a Salesman, I left the company and started a business that provides Computer Servicing for companies that need to outsource their personal computers or monitors for repair.
3. Is the business still viable in the market ?
• Find out if the business is still viable by talking to potential customers, suppiers and distributors. You can even attend Trade-show or Seminar to guage if the cake is still hot. You are merely exploring the opportunity.
• If you have a product at hand, make some tiny sales in fair or local outlets to get feedback, good or bad, so that you can fine tune your business concept or other matters.
4. Write a business plan.
• No business can proceed without a game plan !. It should describe why and how you want the business to be carried out and by when will it be consider successful.
• It address concern such as : What kind of product or service am I providing? Who is my potential customers ? How can I make money out of it ?
• A plan can be fine tune as many times along the way so that it keeps the company growing in the projected direction.
5. How much do I need to start a business ?
• Most entrepreneurs start their business with the savings they have, or they also loan some funds from their family and friends.
• You also can get a loan with a bank provided you have assets e.g. your home and a very sound business proposal plan.
• The best advice is always to start small, and slowing building it up along the way.
6. What choice of business do I have ?
• For detailed business choices, you might want to read my September 24th post.
• The most basic choices are Sole-proprietor, Partnership and Private Limited. Each offers different legal protections, tax savings and ownership requirements.
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