MLM Network Marketing-Is The MLM Network Marketing Business A Numbers Game?
There are so many mlm business opportunities on the internet that it can drive you crazy! Everyone of these network marketing businesses will claim that you can’t lose….now wait a minute! If everybody can actually make a profit, then why is the retention rate hovering around 2-3 percent? Why is the failure rate for mlms 98%?
Well it’s the numbers…multilevel marketing is a numbers game and as soon as you figure that out the better off you will be. Here are 2 numbers that you must understand from the get-go.
1) 1 out of every 9 people you sponsor will actually be committed to work the business. This means that in a mlm the numbers suggest you have to sponsor or signup 9 people to get one that will work the mlm business with you. That also means that the person you sponsored has to get 9 signups to get 1 committed business owner. There is not enought spill over or spill under that can help you.
2) Your monthly autoship will have to be low enough till you sponsor enough people in your mlm to pay for it. Those fast start bonus help to change the mindset of those who are signing up for your mlm business to “hang in there” and they usually do for about a month….until that high cost of autoship hits their credit card for $50-$100 dollars. If the fast start bonus was $20, and your autoship was $50, you’re down $30…the second month your credit card is hit again for $50.
3) But they told you that sponsor 2 and you’re done! Oh…wait a minute! The law of averages says that a person with little or no online marketing skills can sponsor only 1.7 to 2 people period, but you need 9 to get the right one baby! I know, you say i am negative! but numbers don’t lie people do! Oh by the way…did you get a marketing system from the company that had the capability to buy leads??? If you want the reality of earning a residual income online, click on the this link, it’s simple. http://simplemlmsuccess.com
James B Byrd
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