Mostly everyone has heard this before, "Sponsor just two and your whole downline does the same, and it will take off!". I'm sorry to burst the bubble, but this is a total lie. Your to-be sponsor will claim this just to get you into the business. Why? Because it makes it sound easy. It makes you feel like you can handle the business too. I mean, anyone can sponsor just two people right?
Wrong! Let's talk facts. Over 95% of people who try an MLM business will not even sponsor two people for their lifetime with that business. Ouch. I'm saying 95% because the more commonly believed statistic is 97%. Ouch again. So what kind of realistic scenario would we expect? If you only sponsor two into that business, you would be lucky if those people you sponsored were even able to sponsor one person. Where does this leave you? At a big dead end... Triple ouch. What will those people do when they can't achieve success? Unfortunately like most they will give up.
I want to face head on why people believe it should take only two, only three, or whatever else that magic number may be. In a perfect world, it would work perfectly. For example let's say it is a three by matrix. You sponsor three, each of those people sponsor three, then each of those people sponsor three and so on until the matrix is full. You would then be cashing in big time. The problem in the real world is that 97% of the people won't do their part. Only 3% or less of the people in your organization will actually help it grow. But don't worry - this article is not meant to depress you, there is a light at the end of the tunnel!
The good news is that when you learn to sponsor just one using a duplicatable method then sponsoring hundreds more is not a problem. From there on all you need to do is copy what you did to sponsor that one. If that one was somehow a fluke accident then you need to learn how to sponsor one or two more, and by that point it is as simple as rinse and repeat. The important word here is duplicatable. Duplicatable is something that can be learned and passed on and those people can receive the same exact results. The truth is that in order to be successful you will need to sponsor hundreds, but you also need to work as a team and work with your downline to teach them these duplicatable methods so they can keep sponsoring and growing their downline on a regular basis too. A big misconception is that putting together a warm market list and contacting those people is somehow a great and duplicatable method... it is not! Not everyone wants to approach their friends and families, or even cold call leads. That means it is not duplicatable and instead you need something that the majority of people can handle. Online systems and strategies are duplicatable. Make sure what you are doing is duplicatable and it is something everyone in your downline can follow, otherwise your whole organization and online business will struggle. Stop marketing in ways that are unpredictable and were results can not be measured! Track your advertisements and strategies and get measurable and real results! Know what to expect.
Most importantly, don't ever stop sponsoring more people into your business. Your business constantly needs a flow of new members, and if you teach these people your strategies then your business will take off like never before. It doesn't matter what business you are in. It doesn't even matter what type of pay plan structure that business has. You can succeed in absolutely any business once you know the basics to building your business.
How do you learn these basics and duplicatable strategies? Surround yourself by other successful people. Not just one person, but many successful people. In return you will gain knowledge, and knowledge combined with action is everything you need to succeed. Even through success always surround yourself with other successful people who can influence you in a positive way. Soon you will see yourself influencing and helping hundreds of others towards a path of success, and you will already be there.
Just My Two Copper
In fact, this little secret is so powerful that you will be amazed at its immediate effect on you, your employees, and your bottom line. This little secret is guaranteed to improve your relationship with current customers and if used wisely, can get you lots of new customers without spending a dime on marketing or advertising.
Do want to know what this little secret is?
Before I let the cat out of the bag let me ask you one question: What are the two little words you can say to every customer that will immediately endear them to your business and guarantee that they will be your customers for life?
OK, here goes: the little secret is this; whenever you have contact with your customers, whether it's in person, or by phone, fax or email, always use their name. Likewise the answer to my question: what two little words can drive your business through the roof: your customer's name.
When you use a customer's name the business experience becomes personal. And when the business experience becomes personal your customer becomes vested in the relationship and thereby becomes your friend. When you use the customer's name they become as concerned about your success as you are.
At the sound of his or her name your customer becomes your champion. They will toot your horn and defend your honor. They will recommend you to their friends and be loyal to you to the end, even when they can get the same product or service elsewhere for less money.
Unfortunately, 99% of business owners and especially their employees fail to realize the importance of personalizing the business relationship. While they are happy to take my hard-earned dollars, most businesses could care less what my name is. That's why so many businesses fail: they see their customers as numbers, not names. The 1% of businesses that understand the impact of personalizing the business experience are the ones that will flourish for many years to come.
Case in point: I'm the one at my office who goes through the mail every day, pulls out the checks, opens the envelopes, signs the checks, makes out the deposit slip, and takes the deposit to the bank. Sure, I could have someone else do this for me, but making the bank deposit is my absolute favorite thing about being an entrepreneur. Seeing numbers on a deposit slip validates my efforts. It is proof that I am doing something right.
So I go to the bank a lot. So much so that the young lady at the drive through, whose name is Karen, knows me on sight and always seems genuinely happy to see me pull up.
?How are you today, Mr. Knox,? she always ask.
I can be in the lousiest mood of my life, but when I hear my name come through that speaker my mood immediately brightens. I always smile and chirp back: ?I'm fine, Karen, how are you??
And it's even better if I have someone in the car with me. I have gone through that drive through with business partners and customers in my car and when they hear ?How are you today, Mr. Knox?? they are highly impressed, simply because Karen used my name.
?Wow,? they always mutter. ?They know you here, huh.?
?Yep,? I say proudly, ego adequately stroked. ?I have all my accounts here: personal and business checking, savings, lines of credit, merchant account. This is the best dang bank on the planet. In fact, you should move all your accounts here??
Over the years I have probably recommended a dozen new customers to this bank, just because Karen, the wonderful drive-through teller who understands the value of good customer relations, uses my name every time I drive in.
Here's another example of how using a customer's name can add dollars to your bottom line. I was in Kansas City recently and stopped in at a Ruth's Chris Steakhouse for dinner. When I asked for a table the host asked for my name before showing me to a table.
A few minutes later a young man came by to fill my water glass and asked, ?Can I get you an iced tea, Mr. Knox??
The host had obviously told the waiter my name and the waiter used it immediately to make me feel at home. A few minutes later another young man delivered bread to my table and said, ?Here's your bread, Mr. Knox.?
Before the night was over four different service people had visited my table and each used my name in a respectful manner. By the end of the meal I had spent $75 on dinner and dropped another $50 on tips.
Was it because the food was delicious? In part, but primarily it was because I felt like I had just had dinner with friends.
And do you think I now tell everyone I meet about this restaurant with the great food and the amazing service?
Both Darren Olander & Tim-knox are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Darren Olander has sinced written about articles on various topics from Online Business, Internet Marketing and Build Online Business. Darren Olander is dedicated to teaching others how to create a success online through internet network marketing strategies. He is a site owner, article writer, coach & mark. Darren Olander's top article generates over 4400 views. Bookmark Darren Olander to your Favourites.
Tim-knox has sinced written about articles on various topics from . Tim KnoxEntrepreneur, Author, SpeakerTim Knox is a nationally-known small business expert who writes and speaks frequently on the topic.For more information or to contact Tim please visit one of his sites below.. Tim-knox's top article . Bookmark Tim-knox to your Favourites.
Cause Related Marketing Examples They go together like a plaid shirt and a polka-dot tie. Make a long-term commitment. The goodwill you will generate will be worth more than all of your physical assets combined