There is a common theme from those that loathe the mlm industry, “it’s a scam”, “it doesn’t work”, “I lost money in that”, “I tried that once” ect. Here is my question for you, if you truly want to know what it takes to be triumphant in network marketing, are you going to listen to the experience of someone who failed miserably or someone who is massively successful.
Niche market products: one of the most profitable forms of online marketing is to work a niche market. These are specialized markets that are high in demand (popular searches) and low in supply (not many websites selling product in this particular market.) If you get Master Resell Rights products for these types of markets you will be able to cash in and make a good profit.
37 Signals – This is a podcast from the people who created Base Camp, Camp Fire and Back Pack. They are super smart people who will teach you how to distill your business down to what works and eliminate what doesn’t.
The lastthing to be aware of that can help you make a lot of moneyusing this strategy is membership programs. A lot of them will charge a monthlyfee in order for your prospects to use the tool or to get the newestinformation. This monthlyprogram can lead to big paychecks for you that can come in everysinglemonth like clockwork. It is like building a second residual business, thoughwithout as much leverage as your Mlmbusiness. Also helps you avoid the temptation to market the launch of the internet marketing week to your list.
Not building a list. Without an email list, you are not in business. This is the most important asset you need to have. With an email list, you have potential costumers at the palm of your hand. If you deliver value, you can sell to them multiple times.
You need to set up a squeeze page to collect the names and addresses of the prospective clients who are requesting your free report. The best way to drive traffic to your site fast is by using PPC. I recommend using AdWords, Yahoo and MSN as your goal is to build the list as fast a possible. Article marketing may also help, but nothing is faster than PPC. You should understand you will loose money during this phase. However, this will save time and money in the long run as you may find out a niche is not profitable and you can then look for another one.
Select products that sell very good. You can find out in affiliate networks like clickbank, which are the best selling products. The ones with high gravity are the best selling, but they have also tough competition.