e-Business-Formula Internet Marketing Discussion Forum

computerincome · Joined: 04 Oct 2005 Posts: 32 Location: UK

Hello!

Well settled down with my cuppa tea and chocolate bar to go through the forums I am a member of and as no one has posted here I thought I'd start it off!

My name is Rachel and I live in the Lake District in north England. I practised as a lawyer for 2 and half years before leaving that to work at home full time in my MLM company M2CGlobal (selling ACT energy drink) and running our farming website at http://www.gofarmer.com.

Success takes time and dedication. I have played about trying to make money online for 6 or 7 years. Now as I can devote more time to it, it is started to pay off and in 2006/2007 I should hopefully be on my way to a nice income. I couldn't have done it without the great support of my sponsor, Jim, so big shout out to him.

Rachel

Kevin Robb · Posted: Wed Dec 14, 2005 11:53 am Post subject:

Hi Rachel

You will note I have moved your post as the other category is about to feature a number of our regular posters...maybe you as well, but it will be after I get a small response form sent out to everyone.

Like most people I have a few to many projects on right now but I have put it on my New Years to do list Rolling Eyes

It is good to see that you have found your niche and have been able to experience the success that the Internet can provide...

Many unfortunately give up early as they expect to much, nothing in this life is free but real work and effort will be rewarded provided your are consistent and most of all patient Cool

I admit that MLM is not something that I am fond of personally but I understand the motivation of those that do get involved..
What would you say would be the most difficult part of building your business to date?

Cheers Wink

Kevin Robb

computerincome · Joined: 04 Oct 2005 Posts: 32 Location: UK

So many people are out for a free ride. It is very easy to get signups because people can join for free, but then getting these people to commit just a small amount of money and more importantly some time and effort to building their business is the hardest part.

Dedicated people are very hard to find these days - everyone is looking for an easy ride.

Rachel

Kevin Robb · Posted: Fri Dec 16, 2005 5:10 pm Post subject:

Rachel,
[quote]It is very easy to get signups because people can join for free, but then getting these people to commit just a small amount of money and more importantly some time and effort to building their business is the hardest part. [/quote]
This is so very true...building a strong relationship based on trust and respect is an important part of growing your list or customer base, the same applies both online or offline.

But the core part of this is the need to take the time to develop this association and this is where the problem is, how do you keep your signups motivated and interested whilst you gain that trust?

What is it that you do?

Cheers Wink

Kevin Robb

computerincome · Joined: 04 Oct 2005 Posts: 32 Location: UK

Absolutely. At first I was just happy to get any lead or free signup. Now I make sure I qualify all signups. I don;t simply send people to my sign up link, they go to a splash page and fill in a form for more information. They then get emailed. Most do not respond and so cannot be that serious. For the few that do I ensure that they know they will need to put in a little money (only $50 but so many people will not even invest this in their future) and more importantly time and effort. I expect them to check their emails daily and respond to my emails and follow up on leads and do at least 30 minutes a day promtion. I make it clear I am only willing to work with those that do this and who want to aim for a $100,000 income a year or so down the line.

So once these people make this decision and are place din my team, I then work with them personally to see how I can help them achieve their goals. I now have a core team of people and instead of recruiting further for myself I help them and pass down leads to them.

80% of your income comes from 20% of your downline - concentrate on the 20% that are working.

Rachel

Kevin Robb · Posted: Thu Dec 22, 2005 4:19 pm Post subject:

Rachel,

I am following your post with interest...

Rachel said [quote]I expect them to check their emails daily and respond to my emails and follow up on leads and do at least 30 minutes a day promtion. I make it clear I am only willing to work with those that do this and who want to aim for a $100,000 income a year or so down the line. [/quote]
So how do you keep them motivated to work with you and what is the drop out rate?, that is: What is the percentage of people that don't follow through?

Cheers Wink

Kevin Robb

computerincome · Joined: 04 Oct 2005 Posts: 32 Location: UK

Well when I first started I was very excited about it and got loads of contacts to signup for free etc without first qualifying them. Out of these only around half decided to take it seriously. Now though unless people signup directly from the site then I qualify people first and know they are likely to order and take the business seriously so most are - I'd say 85%. Some are of course more active than others as some still work fulltime, have children etc, while others can spend more time promoting. Because of the way the business model is set up so that you earn points which turn into commissions on all sales below you whether you have introduced that person or not and as there is a lot of spillover and because I place people manually in my team to ensure everyone's downlines grow...when people see this and see they would be earning commissions if they simply placed an order...they then tend to.

Sorry a bit waffly!

Rachel

Peter2 · Joined: 18 Nov 2005 Posts: 58

Rachel,

It just seems to me that whilst some may have an initial interest in your program if it does not return what they are looking for then they are lost forever.

Do you only foster a relationship with your contacts to grow within the system you are promoting or do you use the association to lead them towards other products and services as well?

Regards

Peter

computerincome · Joined: 04 Oct 2005 Posts: 32 Location: UK

I advertise both on and offline to sell the ACT energy drink and the M2CGlobal business model. I get many enquiries each day. I respond telling them about the product and the company and explaining that whilst they can join the company for free in order to get anywhere they need to work and they will need to purchase some of the product. If they like what they hear, they join - if they don't, then they don't. I follow up with those that do not respond to a point.

I do not try and sell these leads anything else. For one M2CGlobal is my main business apart from selling rural cheap property in Bulgaria and running a farming website here in the UK.

If these people do not respond to my emails even to say 'no thanks' which is what I ask them to do if not interested, I take it that either a) they have used a junk email account or do not check their emails b) they are not interested in anything that requires work or a small investment.

Either way as I am only looking for dedicated people, willing to work and communicate, if they don't, they are of no use to me.

Rachel