The Horror Of My Network Marketing Experience

I want to share with you, my opinion about network marketing, aka direct marketing, or mlm (multi-level marketing). I’m currently involved in a direct marketing company and have been for 4 months. I love the product and the company, I’m making money, and overall, my experience as a network marketing newbie has been very positive. In short, there is no “horror story”. But I’ve learned a few things during the last 4 months that I want to share with those of you who are considering network marketing, or mlm, as your chosen home based business opportunity.

There are 4 things I’ve found to be extremely important to success in this industry:

o First – do not enter into a network marketing business hoping that you are going to make money. What I mean is, like having a j-o-b, it’s hard work, not a free ride. Once you join your chosen company, the money doesn’t come pouring in while you lounge around poolside eating bon-bons. You need to learn your product(s). You need to learn how to market your mlm business. You need to learn or perfect your presentation skills, whether using the phone or in person. And, in today’s world, you need to learn how to market your networking business by taking advantage of the internet. And, believe me, if you’re not a wiz on the computer, this can be very frustrating. The point is……you need to work. It’s a business, and, like any other business, it will fail if you are not working at it.

o Second – pay attention to the company leaders, not just the product(s). Who are they? What are their backgrounds? How much experience do they have in the industry? Just like with your business, the company must have a strong, driven management team in order to succeed. Wouldn’t it be sad if you’ve done everything right……marketed your business, grew your downline, trained your partners, and started making big money…….only to have the company go out of business? Believe me, it’s happened. Check out your company’s management team!

o Third – does the network marketing opportunity you are considering have a relevant product line? Your product needs to be unique in some way, and beneficial to the consumer. Generally speaking, direct marketing products are on the high end of the price range for any product category. So your product needs to offer something to the customer that they can’t get in other off-the-shelf products. If it’s new, or cutting edge, even better. As an example, there are a lot of nutritional juice beverages out there being marketed through network marketing. Even so, a company entered that marketplace a few years ago and took the industry by storm. Why? They had a unique ingredient that had a marketable story behind it. Boom! The company experienced unprecedented growth. Of course, they had all the other important components – solid management, great compensation plan, training tools, etc., but the product was unique and perceived as beneficial to consumers.

o Fourth – what position will you hold? How many distributors/affiliates are in the organization? I can’t tell you how many times in my limited career I’ve heard comments like “there’s enough (prospects) for everyone”, or “the company’s only 3 years old”. Most of the time, I hear that from upline distributors who got in on the ground level. Can you make money with the right company if you’re the 500,000th distributor? Yes, you can (see first point). Would success come much faster if you were one of the founding distributors of your network marketing opportunity? Absolutely!

Why am I telling you all of this? Because times are tough. Just getting to work costs, what, 3 times more than it did this time last year? Jobs are being cut in favor of less expensive, off shore or automated solutions. Benefits are being cut. Child care costs are high. Employees are expected to use technology (cell phones/computers) without reimbursement from the company, and the additional hours those technologies add to the workday are draining.

My message is simply this: don’t dismiss a network marketing opportunity as a source of secondary income. It can help alleviate the “pain at the pump”, pay for family vacations, or add to your savings account. With hard work, it can also be a path toward self employment and financial freedom. A network marketing home based business can be a rewarding and financially beneficial experience when you do your homework and choose wisely.

Best of luck,

Debbie Corr

Free Methods to Drive Traffic to Your Affiliate Marketing Offer

There are many, many ways to drive traffic to a website. Today we will discuss some of the best methods that don’t take a cash outlay.

Free traffic

That’s right – free traffic generation for your affiliate marketing offer.

These methods will work for any level of affiliate marketer but are especially good for those who are new to the industry as they take time instead of money. For those who have the money more than the time, all of these methods can be outsourced, as well.

Forum marketing is a good place to start.

Most forums allow a signature file where you can put a link to your affiliate offer. The key is to find active forums within the niche that you are promoting products in.

Become an active participant on those forums and you will find yourself getting traffic through your signature link. You must do this in the right way, though, and not just spam the forums to get your link seen.

By being a valuable and active member, you never need to refer directly to your offer. Others on the forum will check it out naturally if you are giving good information in your posts.

Commenting on blogs

Blog commenting is another way to get traffic to your offer but again, you must do this the right way.

By finding blogs of those within your niche and interacting with them, you will be getting a name for yourself within the niche. Your comments should always be related directly to the posts and show clearly that you actually read the post.

Meaningful comments that actually enhance the conversation and add to the information are the key to effectively using this traffic generation strategy.

Getting social

Social media is another effective tool in traffic generation.

Sites like Digg, StumbleUpon and other social bookmarking sites allow you to bookmark your site so that other people can see them.

Other sites like Facebook and Twitter allow you to actually send broadcasts to anyone “following” you where you can tell them about your offer and even give them a link to check it out.

Traffic from articles

Article marketing is one of the best free traffic generation methods. You write a useful and informative article and submit it to the various article directories online. The sites allow you to include a resource box where you can direct the reader to your affiliate offer.

Not only do you get direct traffic, the backlinks from the articles can help your site rank better with the search engines.

What Moves the Currency Market?

The Forex Market trades $3.2 trillion dollars in volume each day. This fact alone shows the liquidity in this market and there are always buyers and sellers in the market 24 hours a day, 6 days a week. There are four major sessions in the U.S., Asian, European and London markets.

Who are the participants? Central Banks i.e. Fed’s, BOJ, ECB, BOE, and other countries; Large Institutions/Corporations, Bond Market (treasuries), Private Equity, Hedge Funds, Large Sovereign Buyers, Banks/Remittance, Clearing Houses, and Retailers.

In the U.S., the economic indicators are signals for the health of the economy. They show the signs of inflationary or deflationary market sentiment. Inflation is good for the economy and show signs of a stronger dollar. Deflation is a negative sentiment for the economy and show signs of a weaker dollar. These are the basic fundamentals for a strong or weak dollar in the U.S. compared to other countries and their fundamental analysis.

The market sentiment is the fundamental analysis i.e. economic indicators being released during each sessions and then being measured by the weakness or the strength of the actual number forecasted by the previous number. The market conditions are the volume pressures of buyers/sellers moving the trend in one market direction.

Majority of the currencies are against the U.S. dollar either indirect or direct with the dollar. So in conclusion what moves the currency market is the relative strength or weakness on the fundamental news. This will move the currency market and the volume pressures of buyers/sellers will move the currency market also.