Network Marketing and Numbers
Network marketing is all about a numbers game; in fact all marketing is a numbers game. Once we understand the numbers and how they work to out benefit we seem to become better and better as marketers. Even though the numbers are tough to swallow at first Piaget Fake Watches. the best companies in the world or at least the ones we think of as the top dogs only have about 35-40% of the market share. Most companies are a lot less Wholesale Jewelry Richard Mille Fake Watches. and I mean a lot less like 1-2%. So even the best network marketers Replica Watches. the guys on stage Luxury Watches. only have a small percentage of the companies market. Most guys or gals at the diamond level have about 1-3% of the company’s total make-up. So let’s look at the actual numbers for a bit.
When you head into your network marketing meeting and the overhead or the white board or the one on one sheet comes out what is really going on. Well all those circles or two who get two and one who gets three multiply that be 10 and you may have a chance of making this your real home base business. The speaker is not lying necessarily about the numbers(Fake Breitling Watches). they are just not telling you the entire truth about the amount of those numbers you will need. So fine for us that want to make it work here’s what we need to know.
To make it in this network marketing business we need massive numbers. Ideally about 25 people a week getting into our business. Wow(Wholesale Louis vuitton Belt Watches). that seems like a lot. Well it is and it’s going to take time to build it(Aigner Fashion Watches). but not as much as you think. All you really need is some guidance and skill and a telephone. Now I know everyone says I can do it better on the internet and that is partly true. however that is much more expensive. And quite frankly folks Wholesale Jewelry. you are going to have to talk to the people at some point even if they buy in over the internet.
So here are the numbers Wholesale A. Lange & Sohne Watches. we need to talk to 100 people and statistics show we will get about 20-25 of them to a presentation call. Of those 20-25 the best close rate is 3%. so now we have 6 people. Again that is a great close rate Wholesale Watches. you will not start our there but you will in time get there. If this is our ratio and this is likely with most any marketing campaign Wholesale Watches. we have taken 100 people that we have spoken to and turned 6 into new network marketing business owners. Now if we can take the dollars that we earn by putting 6 into the business and divide by 100 then we know exactly how much we are worth every time we talk to someone about the business. Think about that the next time you want to spend 1 hour with 1 person at a house meeting.
Bottom line is folks really look at the numbers and determine if your methods of recruiting can use a boost. Trust me most can. Thanks for spending a little time with me and here’s to your success.
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