Debasish Dutta's Blog - Business, Management and Education

SFI Brake all time records in Online Profit

2010-12-30T10:34:00.000-08:00

If you're like most Internet users...your email inbox is bombarded with get-rich-quick schemes. Most of us delete them without so much as a quick glance. Yet deep down, I think we all know that amongst the junk there has to be a few jewels. After all, the Internet is a multi-billion dollar marketplace, soon to be multi-TRILLION!!. There's got to be SOMEBODY who's developed a legitimate opportunity for cashing in on the Internet revolution.

There is, but you've probably missed it because unlike the get-rich-now hawkers, this company detests hype. Yet, ironically, their growth is unprecedented.

Remember when a network marketing company considered itself a major player in the industry when it reached 100,000 representatives? This company recently added 180,000+ sales reps just in FEBRUARY alone!

The company is the SFI Marketing Group. SFI is the creation of Gery Carson, who in the 1980's pioneered the Direct Mail model for network marketing. Gery is also the author of the book, The Home Business Revolution's Greatest Entrepreneurs, and the publisher of Six-Figure Income Magazine.

With that kind of a resume, it is not surprising that his new Internet-based marketing network is putting up impressive numbers. But over 5000 new sales reps added a DAY?! What's the attraction?

Here's a partial list:

1. You can sign up FREE, get a FREE Website, and test drive the program for as long as you want at absolutely no cost or obligation EVER.

2. A lucrative compensation plan. Tens of thousands of SFI's affiliates are already receiving monthly commission checks, totaling over $3 MILLION dollars since July 1^st’2009.

3. SFI understands the Internet. SFI itself is totally database-driven which means that almost everything happens in real-time. From SFI's powerful central Admin site, there's online, real-time genealogies, plus numerous other tools to manage your business such as instant group messages via email.

4. Perfect for the "little guy." There are no group volume requirements. In fact, the toughest thing you ever have to do with SFI is give away free stuff.

5. FREE 24-Hour Professional Consultation. Each SFI affiliate is assigned three leaders to provide free consultation and support.

6. The Internet is exploding worldwide. USA TODAY recently reported that over 170,000 new people are getting online every 24 hours. Many smart business people are becoming millionaires on the Internet. And this is just the beginning! With SFI you can grab your share.

7. Thanks to the Internet and SFI's smartly-designed infrastructure, your business expenses are minimal. You can contact thousands on the Internet via email, search engines, directories, free ads, etc. All free! No door to door sales. No postage. No printing. No brochures. No tapes. No videos. No long distance calls. Instant communication -- worldwide.

8. Don't know anything about marketing on the Internet? Included FREE when you sign up with SFI is an ongoing course in making money on the Internet. It's emailed to you FREE 1-2 times per month, plus there's also a Website of all the past lessons. EVEN IF YOU END UP DOING NOTHING WITH SFI, GET SIGNED UP AND GET THIS INVALUABLE COURSE!!!

9. FREE Co-op. SFI has provided over 700,000 of its affiliates with free leads. Join SFI now (for FREE) and you may start receiving free leads (leads that can add to your monthly commission check) within hours.

That is just a small SAMPLING of the benefits the SFI program delivers. The best way to learn all about SFI is to sign up as AFFILIATE. There's no cost or obligation.

Thanks to SFI

Anybody can make money from home in Today's world

2010-10-23T01:02:00.000-07:00

Hi,

I am Debasish Dutta, Professional Engineer cum Consultant Nutritionist. I am working past two decades in diversified area and playing key roles. I have successfully achieved some mile stone in Management, Construction & Engineering, Health & Wellness and E-commerce Industry.

I am advocating Home based Independent Business through Social Network with any Direct Selling Company which has Education System and have global presence. You must agree that right communication system with good intension is the key factor not only require for any Business success but it has major significance in our today’s fast track and stressful personal life.

I realize the effect of communication when I personally face challenges either to built OR maintain relationship - To negotiate with customer, while discussing with patient, talking with Bankers, Lawyers, interacting with parents, playing with my child, sharing moments with family, hugging old friends even when I recalled someone whom did I love most and lost from life.

I felt sorry when I missed my presence from different social events like attending birthday, anniversary, making trip with family and professional events like unable to meet with my global partners, business presentation at different corner of the world, consultation with patient etc.

TalkfusionGlobal.com took true initiative not only to represent my voice in front of market place for building Biz but also present my personal feelings and personal relationship across my social network worldwide through world class Video linked communication products like Video mail, Video Blog, Video conferencing etc.

Now I am Live 24 x 7 in front of everybody wherever corner I stayed back. Moreover Talkfusion.com is helping active Associates for financial accomplishment.

Enjoy the inside Demo Video www.TalkFusionGlobal.com/3670569

Grow with Talkfusion’s Global Biz Opportunity.

Debasish Dutta
http://www.key2financialfreedom.com/

Network Marketing is Leveraging your effort towards Prosperity

2010-10-23T00:59:00.000-07:00

What is Network Marketing?Network Marketing is a relationship-based business; it is about people helping people to build a business or focusing on your customers for your products and services. Network Marketing really is an unseen business and it is all about sales.

It is a business vehicle in which anyone can invest a small amount of money, and through sheer tenacity and determination, achieve staggering levels of financial reward and personal freedom. But, for it to work successfully, it requires you to become educated on the principles and practices of the industry, and use a proven business marketing system.

Network Marketing is Direct Selling does not have giant signs or large offices, yet according to the Direct Selling Association (DSA) over 30 million people across the world are working in the Network Marketing/Direct Selling Industry.

The Network Marketing/MLM Industry has a very shady reputation. Many of the people you will talk to feel it is a scam. But nobody have emphasis any valid justification in this opinion. In many ways they are justified, but you can make a difference with the way you market your business. I am sure in today's world every traditional businessman also following virtually Network Marketing Model.
In the 1950's when Franchise’s first emerged, they where labeled a scam, illegal etc. Fortunately, a franchise is not labeled as such anymore or quite possibly you would not be enjoying your favorite hamburger today if that concept hadn't changed. Have a look at the two different, yet similar, business types that you could be involved in or approached with to earn Residual Income:

Network Marketing / Multi-Level Marketing (MLM)/Direct selling

Network Marketing/MLM/Direct Selling Businesses usually offer essential consumable,like books, CDS, household utencils, Medicine etc. at reasonably priced products and services that people use in a short time. Generally the commission structure is less up-front then the direct sales companies, but it has a benefit that most direct sales companies do not have and that is Residual Income. It costs much less to get involved with this form of business, a few hundred dollars or less. Allows more people to become involved. Builds Residual Income.

You can Leverages the time of others.

Network marketing is all about sales and distribution, but a different kind of sales. It’s more of a soft sale or recommendation then the hard closing type that you’re accustomed to with the typical salesman or saleswoman in the direct sales. The best approach by far in Network Marketing is a consultative sales approach. This is used very successfully today and makes customers feel at ease.
Direct Sales Companies

These companies are known as seller-based, they market higher priced, usually one time sales items. The benefits of these programs are you make higher commissions but they have very little if any residual income. Essentially, if you stop working, so does your income.

You are paid directly on what you personally sell, so you have to sell lots and lots of merchandise. This also limits you to the type of people you can bring into your business as the “salesperson” type. Direct sales cost more to get involved with usually in the thousands of dollar range, again limiting you on the number of people that have or are willing to invest in a new venture!

If you are looking to get started in a Network Marketing Company, educate yourself and choose a responsible sponsor, before you take any action. Since this is a relationship based business, you need to feel comfortable with the person you choose to coach and mentor you.

It is vitally important to understand the different aspects of a Network Marketing company, compensation plans, training, products, services, before you actually pick a company that is right for you.
When you first get start looking at a network marketing business, you really need to have the mindset that you are starting your own Business. You need to tap into training from day one. There is so much you will have to learn that at times, you may feel completely overwhelmed.

If you stop to think of it as a giant puzzle with so many pieces that have to fit together properly, you will be on the road to success. Through out our life, business systems have taught each of us to be a good employee. College systems teach us to be a good manager.

We have never really been taught how to successfully run our own business. What you really need to do at this point, is unlearn everything that we’ve been taught. The typical employee mindset is to do as little work as possible, but to get richly compensated.
As a small business owner, if you’re not willing to go the extra mile in both time and money, then it is time you start thinking about doing something else in life. Not everyone is cut out to own and run a small business, let alone a Network Marketing/MLM Venture.

Network Marketing, should be about gathering customers and business partners. Yet, most of the companies today only teach you to recruit and get everyone on the product. You can build a very successful business with only a handful of representatives in your organization if they are taught to gather customers and other Opportunity Seekers who show a genuine interest in building a business.

How does Network Marketing work?
Today there are millions of people around the world building this unseen industry called network marketing.
The DSA reports that there are over 30 million people across the world involved in direct selling. You do not see them but they are everywhere, some probably right in your own neighborhood. It is a business in which common people can invest a small sum of money, and rise to staggering levels of financial reward and personal freedom.

Each day millions of people report to work, where your employer leverages your time to build his or her business and financial future. In Network Marketing, we help and assist others in building their business. We are also leveraging their time, while each of us is gathering customers along the way.
Hence, the name Network.
We are paid for this because we are assisting, coaching, and helping others to establish their business. We help them to reach their goals for their financial future. So, it’s only right that we also get paid for our time?
Just like your employer leverages your time, through network marketing, you can leverage the time of others. What does this mean?
Let’s take a look at a typical employer in a service industry with 100 or more employees that has a labor rate of 60 dollars per hour. The goal of our employer is to keep each employee active and busy for each hour paid.
Out of this, once all the costs of doing business are factored, such as wages, health insurance, unemployment insurance, federal taxes, state taxes, permits, maintenance, housekeeping, the list just goes on and on, the employer may get to keep 5 to 10 dollars per hour of that labor rate.
In Network Marketing, we have our initial start up costs, which are anywhere from just a few dollars to several hundred dollars. Where most Network Marketers fail is that they feel that they don't need a marketing budget for advertising and they don't seek out the education required to succeed.
One of the important most things to remember is, you are in a real business. You no longer have a boss holding you accountable. Your success or failure is dependent upon you and your actions.
Your primary task will be to gather customers for your products or services, to help and assist others to get started in their own business while being partnered with you. You are looking at a business model that will take 3 to 5 years to produce the kind of results you’re looking for.
So, don’t give up your day job just yet. It will require 10 to 20 hours of consistent time and effort each week to build a successful Network Marketing Business. It will require a marketing budget, most people do not even consider this. Once again, this is a real business! This is your business! It is not a get rich quick overnight program, although, it has been hyped by a great many naive Marketers and web sites.

Network Marketing is based on word of mouth advertising, which is the most effective form of advertising. Think about it. When you go out, watch a great movie, you will tell other people about it. When Sam’s Club or Costco moved to your area, you joined their buying club and started telling everyone how much you saved. This is the power of word of mouth advertising.
Major advertising agencies and companies count on this. This is one of the key things that we do as Network Marketers. The major difference is that we are paid for our word of mouth advertising.
One of the most often asked questions is, will I have to sell products and services? The answer is yes, of course. Think about it, no one likes to have a salesperson come to the door and sell them products, right? We hate to go to the automobile dealers, where we are swarmed with 5 different sales people all trying to get you to buy from them right! How are we, as a Network Marketer, different? We recommend products or services that we like and personally use. If we know it’s good, and personally use it, we recommend it to our friends and family is very easy.

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2010-08-17T14:01:00.000-07:00

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New Calorie Restriction Calculator

2010-07-28T09:32:00.000-07:00

Perfect Business Model

2010-05-16T01:06:00.000-07:00

I know that a lot of you are already involved in Amway or you are shopping around for a MLM company to hang your heart on. It is true that Amway and some other Network Marketing companies have gotten some bad press over the years. But after a lot of research into the nature of the Amway business I have found that Amway truly is “The Perfect Business Model.” Let me tell you why I feel this way.
Network marketing has been around for a number of years and it is an outstanding method to get products into the hands of consumers. I realize that Amway has gotten a “bum rap” from many over the years and yes, I must say that I too have had negative things to say about Amway. I have heard Amway called every thing from a “get rich quick” scheme all the way to a down right scam. Again, I myself have been guilty of this. But just recently my opinion was changed radically and it came about when I reunited with an acquaintance that I had once worked with in the engineering industry.
I wouldn’t have listened past the first few seconds had not known her for many years. I took the time to hear what she had to say. Soon I realized that I was as excited about the opportunity as she was.
I think it was because recently I had sold my own retail business where my husband and I had worn all the hats. We had to do all the work and had all the responsibility. No aspect of the business escaped us, nor could we escape from it. If we stopped the business stopped and thus the income stopped. It was an all-consuming endeavor.
All this being said, let me tell you why I think Amway is the Perfect Business Model.
Reason #1 – You Can Depend on the Professionals to Run Your Amway Business. You have no leverage when you wear all the hats. It is a full-time 24/7 J-O-B that you can never really shut down. Your Amway business structure has taken care of all of that. They are the ones that have invested their time and money on product research and development, inventory control, shipping and receiving.
One of the best things is that you don’t have to handle returns or complaints, that is all taken care of by the MLM Company.
Reason #2 – Initial Investment is Usually Small
Most Multi-level marketing businesses I have researched allow their representatives to quality for a small initial investment. Once you start your business your success is determined by YOUR efforts and the results of those efforts to the top or you might just be that person yourself.
Reason #3 – Leverage
There are only 24 hours in a day. Your have to sleep sometime. But in network marketing the power and leverage of multiplication is amazing. Two soon becomes four. Four becomes eight. Eight becomes 16 etc., etc.
Reason #4 – Possibility of Building a Significant Residual Income.
Residual income does not apply to one-time retail sales. Sure, you can have loyal customers that come back to you year after year. But once you close your doors or retire, the income stops. Network marketing runs on recurring income and leverage. As your down line grows and as your MLM grows, your residual income taps into level after level of your down line. I know someone who is still receiving residual income from a MLM company that they were in 20 plus years ago. Now this is not a rule of thumb, it just depends on the MLM Company you join. So let this be a very big factor in choosing what Network Marketing company you join.
Reason #5 – Quality of Life
In a network marketing company, you are truly your own boss. Your achievements are based on the effort you put into building your business. Your business grows night and day. While you are spending time with your family, your business is still growing, and while you are away on vacation your business is still growing.
Reason #6 – Success Depends on Relationships
A lot of people call this relationship marketing and I smile when I hear that. After all, it is all about relationships. From what I have experienced it is all about people helping people. If your down line doesn’t succeed, you don’t succeed. And the same can be said for your up line. Everyone pulls together to help each other and many strong and amazing friendships are formed. I heard one person say that the years that he had spent in the networking marketing business had changed his life forever. The lessons he learned and the friends he met made him a better and stronger person.
Let this be a lesson to you also. Amway IS the “Perfect Business Model.”
For Testimonials Visit : www.bww.com & www.brittindia.com
Visit Amway Business Plan
http://www.youtube.com/watch?v=qmiv0BZJeBA

For Subscription: Please click www.amway.in
Sponsor Access Code: 5296256 Name: Arpita Dutta
Join my network: http://www.MySocialURL.com/r/duttasnetworkmagic/

Do Friends Influence Purchases in a Social Network?

2010-02-10T09:17:00.000-08:00

Executive Summary:
In spite of the cultural and social revolution in the rise of social networking sites such as Facebook and MySpace (and in South Korea, Cyworld), the business viability of these sites remains in question. While many sites are attempting to follow Google and generate revenues from advertising, will advertising be effective? If friends influence the purchases of a user in a social network, it could potentially be a significant source of revenue for the sites and their corporate sponsors. Using a unique data set from Cyworld, this study empirically assesses if friends indeed influence purchases. The answer: It depends. Findings are relevant for social networking sites and large advertisers. Key concepts include:
There is a significant and positive impact of friends' purchases on the purchase probability of a user.
However, there are significant differences across users. Specifically, this social effect is zero for 48 percent of the users, negative for 12 percent of the users, and positive for 40 percent of the users.
"Moderately connected" users exhibit "keeping up with the Joneses" behavior. On average, this social influence translates into a 5 percent increase in revenues.
Highly connected users tend to reduce their purchases of items when they see their friends buying them. This negative social effect reduces the revenue for this group by more than 14 percent. This finding is consistent with the typical fashion cycle wherein opinion leaders or the elite in the fashion industry tend to abandon one type of fashion and adopt the next in order to differentiate themselves from the masses.
Abstract
Social networks, such as Facebook and Myspace have witnessed a rapid growth in their membership. Some of these businesses have tried an advertising-based model with very limited success. However, these businesses have not fully explored the power of their members to influence each other's behavior. This potential viral or social effect can have significant impact on the success of these companies as well as provide a unique new marketing opportunity for traditional companies.
However, this potential is predicated on the assumption that friends influence user's behavior. In this study we empirically examine this issue. Specifically we address three questions - do friends influence purchases of users in an online social network; which users are more influenced by this social pressure; and can we quantify this social influence in terms of increase in sales and revenue.
To address these questions we use data from Cyworld, an online social networking site in Korea. Cyworld users create mini-homepages to interact with their friends. These mini-homepages, which become a way of self-expression for members, are decorated with items (e.g., wallpaper, music), many of which are sold by Cyworld. Using 10 weeks of purchase and non-purchase data from 208 users, we build an individual level model of choice (buy-no buy) and quantity (how much money to spend). We estimate this model using Bayesian approach and MCMC method.
Our results show that there are three distinct groups of users with very different behavior. The low-status group (48% of users) are not well connected, show limited interaction with other members and are unaffected by social pressure. The middle-status group (40% users) is moderately connected, show reasonable non-purchase activity on the site and have a strong and positive effect due to friends' purchases. In other words, this group exhibits "keeping up with the Joneses" behavior. On average, their revenue increases by 5% due to this social influence. The high-status group (12% users) is well connected and very active on the site, and shows a significant negative effect due to friends' purchases. In other words, this group differentiates itself from others by lowering their purchase and strongly pursuing non-purchase related activities. This social influence leads to almost 14% drop in the revenue of this group. We discuss the theoretical and managerial implications of our results.
Click :http://capitalmanagement.magneticsponsoringonline.com Our sincere courtesy to Harvard Business School professor Sunil Gupta

Thanks to Robert Kiyosaki's and Donald Trump's comments

2009-12-06T12:40:00.000-08:00

Why Do You Recommend Network Marketing?
Robert Kiyosaki's Answer:
When I first heard about network marketing, I was against it. But after opening my mind, I began to see advantages that few other business opportunities offer. Long-term success in life is a reflection of your education, life experience and personal character. Many network-marketing companies provide personal development training in those key areas.
Most schools train people for the E or S quadrants, and that is great if those are the quadrants in which you want to spend your life. Most MBA programs are training students for high-paying jobs in the corporate world as an E, not a B.What if you're in the E or S quadrant and you want to change? What if you want to be in the B quadrant? Where do you find the education that trains you for that quadrant? I recommend a network-marketing business. I recommend the industry for people who want to change and get the necessary skills and attitude training to be successful in the B quadrant.
Being an entrepreneur and building a B quadrant business is one of the toughest challenges a person can take on. The reason there are more people in the E and S quadrants is simply because those quadrants are less demanding than the B quadrant. As they say, "If it was easy, everyone would do it."
Personally, I had to learn how to overcome my self-doubt, shyness and fear of rejection. And I had to learn how to pick myself up and keep going after I failed.
These are some of the personal traits a person must develop if they are to be successful in a B quadrant business, regardless of whether it is a network-marketing business, a franchise or an entrepreneurial startup.
An important personal skill required for any B quadrant business is leadership. Are you able to overcome your own fears and have others overcome their fears in order to get the job done? This is a skill the Marine Corps taught me. As Marine Corps officers, it was imperative that we be able to lead others into battle, even though we were all terrified of dying.
I meet many people in the S quadrant, the specialist or small business owners, who would like to expand, but they simply lack leadership skills. No one wants to follow them. The employees do not trust their leader or the leader does not inspire the employees to better themselves.
As mentioned earlier, Forbes defined a big-business owner, a B quadrant business owner, as a person who controls a business with more than 500 employees. This definition is why leadership skills are vial for the B quadrant.Where could you find a business that will invest the time in your education, your personal development and building your own business? The answer is: most network-marketing business.
Building a B quadrant business is not an easy task. So you need to ask yourself, "Do I have what it takes? Am I willing to go beyond my comfort zones? Am I willing to be led and willing to learn to lead? Is there a very rich person inside of me, ready to come out?" If the answer is "Yes," start looking for a network-marketing business that has a great training program. I would focus less on the products or the compensation plans and more on the education and personal development program the company offers.

A network-marketing business is a B quadrant business because it meets several criteria I look for in a business or investment. Those criteria are:
Leverage: Can I train other people to work for me?
Control: Do I have a protected system that belongs to me?
Creativity: Will the business allow me to be creative and develop my own personal style and talents?
Expandability: Can my business grow indefinitely?
Predictability: Is my income predictable if I do what is expected of me? If I am successful, and keep expanding my business, will my income increase with my success and hard work?
Isn't Network Marketing A Pyramid Scheme?
I am often asked if network marketing is a pyramid scheme. My reply is that corporations are really pyramid schemes. A corporation has only one person at the top, generally the CEO, and everyone else below. The following is an example of a typical corporate pyramid:

Compare that to a network-marketing business system:
A true network-marketing business is the exact opposite of a traditional business model. A network-marketing business is designed to bring you up to the top, not keep you down at the bottom. A true network-marketing business does not succeed unless it brings people up to the top.

Additional Points Worth Mentioning
The following are some other points worth mentioning:
Tax breaks increase. By starting a network-marketing business in your spare time and keeping your regular job, you begin to gain the tax advantages of the rich. A person with a part-time business can take more tax deductions than employees can. For example, you may be able to deduct car expenses, gasoline, some meals and entertainment. Obviously, you need to check with a CPA for exact rulings on your situation. And the cost of your CPA is tax-deductible. In most cases, an employee cannot deduct CPA expenses. In other words, the government will give you a tax break for advise on how to pay less in taxes.
Meet like-minded people. One of the advantages I had is that my friends also wanted to be in the B quadrant. When I first started out, most of my E quadrant friends thought I was nuts. They could not understand shy I did not want a steady job or a steady paycheck. So an important part of becoming a B is to surround yourself with other people who are Bs and want you to become a B.
Give yourself time. It takes time to be successful in any of the quadrants. Just as it takes time to climb to the top of the corporate ladder as an E, or become a successful doctor or lawyer In the S quadrant, it takes time and dedication to become successful in the B quadrant. It took me years before I built a successful B quadrant business.
Network-marketing companies are patient. One of the beauties of a network-marketing business is that it will invest in you, even if you are not successful.

In the corporate world, if you are not successful in six months to a year, you are often fired. In the network-marketing world, as long as you are willing to put in the time, most companies will work with you in your development. After all, they want you to get to the top.
Leverage the systems that are already in place. These systems are already tried and proven, which allows you to hit the ground running instead of trying to build the internal system of a new company.
In conclusion
After opening my closed mind, I could finally see some of the unique benefits the network-marketing industry offers people who want more out of their lives. Generally, it costs much less to get started in a network-marketing company than to build a business on your own.
-Robert Kiyosaki

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Donald Trump's ResponseMarketing is a powerful tool, and network marketing can increase that power, provided you are self-motivated. In a simple visual, see a product and then remove the advertising agency from it. It is up to you to do the marketing and advertising. That's a big job, but it can be done if you are passionate enough to get it going on your own and to jeep the momentum and motivation going at a high level. It requires an entrepreneurial spirit, and that means focus and perseverance. I do not recommend network marketing to people who are not highly self-motivated.

Another important aspect of network marketing is that it is inherently social, so if you are not a social or outgoing person, I'd think twice about going into it. Sociability is a requirement. Just like in advertising, there's no point in having a fantastic advertising campaign if the product isn't equally fantastic. Also keep in mind that if you decide to become a distributor, you will be legally responsible for the claims you make about the product, the company and the available opportunities. But above all, make sure the product is worth your energy and total devotion. Otherwise, you could be energetically spinning your wheels. Robert mentions the importance of going beyond your comfort zone when it comes to network marketing. He also mentions giving yourself enough time. These are good points to consider. I would also agree that having leadership qualities is critical for success. You definitely have to have a take-charge, can-do attitude. As with any other undertaking, know everything you can about what you're doing before you begin. Network marketing has proven itself to be a viable and rewarding source of income, and the challenges could be just right for you. There have been some remarkable examples of success, and those successes have been earned through diligence, enthusiasm and the right product combined with timing. As with so many issues we have discussed before, there are tangibles and intangibles involved, but success is not a total mystery, and that applies to network marketing as well. Most people have heard of focus groups, a research tool that advertising agencies use when they are testing a new product. They will go out to different locations and simply ask everyday people what they like and don't like about a new product. Its best if you can keep the focus group idea close at hand when you are deciding about a product. Just because you like it doesn't mean everyone else will. Finding a common denominator in product appeal will matter.My nutshell advice about network marketing is to do your research and then put everything you've got into your product. Genuine enthusiasm is hard to beat, and the odds will be with you. -Donald Trump

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Sincerelypresented
Debasish Dutta+91-9748354306
dduttad@gmail.com
www.preenroller.com/cashflow

Entrepreneurship is an ATTITUDE not any Amateur

2009-12-06T12:12:00.000-08:00

Network Marketing and Direct Sales - a Powerful Combo for Serious Entrepreneurs

If you've done your research, you've probably found that many so-called "home based business opportunities" are in the network marketing industry and essentially involve some form of direct selling. There are, however, many businesses that revolve around multi-level marketing models, and those are quite different primarily due to the compensation structure (how you get paid). By finding a business that enables you to leverage the benefits of both network marketing AND direct sales, you will find that your ability to build substantial income streams from your home office in a relatively short period of time is much better.
So how is it that someone can leave the traditional business world, have the luxury of working from home, and earn a six or seven figure income, and not have to worry about the hustle and bustle of traffic, office politics and managing employees?
A Brief History On Network Marketing
For thousands of years, successful business people goods and services at the lowest price possible and sold them at the highest price for maximum profit. In the old days, haggling over price was expected in the negotiation process and the transaction culminated in a handshake deal which left both parties, give or take, mutually satisfied. This simple process of transferring goods and services was most lucrative for the small minority of entrepreneurs who knew the secret to success: network marketing!Although the concept has been around from the very beginning of trade, the network marketing industry as a recognized industry has only been around for a few decades, and the explosive growth this industry has been experiencing has been phenomenal for both the companies and the entrepreneurs (distributors). So what is network marketing?

Network Marketing Defined
Very simply, network marketing leverages the concept of developing a Network of like-minded individuals who, together, market various goods and services to others. The power of a network is actually scientifically proven to have a compounding effect on various factors of success. This is primarily due to the two primary components of any network: the node and the link.
For example, in a telecommunications network, the basic "network" is comprised of nodes and links that work together to transfer communication around the globe. The larger nodes tend to have more traffic, which is primarily due to the fact that they have more links connecting them to other nodes.
Another example: The human mind is an interrelationship of knowledge structures, which is essentially a network of nodes and links. When you think about money, perhaps the first thing that comes to mind is an image of a $100 bill and maybe the second thought is what that $100 can buy you, let's say a dinner for two. "Money" is one node, the image of that $100 bill is another node, the dinner for two is yet another node, and they are all interconnected by links (associations). If you know more about money than you do about dinners, then your "money" node is probably larger than your "dinner" node and therefore you're most likely going to have more associations with money than with dinner!
To bring this concept back to network marketing, if you create links with other like-minded people (ideally, other serious entrepreneurs who want to build successful million-dollar enterprises), then your income will grow in proportion to the number of links you have. Furthermore, your income will also be significantly impacted by the number and size of nodes that you're linked to (that is, the caliber of entrepreneurs you're working with). It is this very fundamental worldly and scientific concept that this industry is build on.
So how does direct sales fit into the picture?
Direct Sales Defined
The direct sales industry is a bit more direct (no pun intended). Quite simply, direct sales is the process of selling goods and services directly to the end consumer. Your favorite brand of soda is probably not distributed via direct sales because it is first sold by the manufacturer to the wholesaler, from the wholesaler to the retailer, and then from the retailer to the consumer. But if you were to come up with your own brand of soda and then use distributors to sell your product directly to consumers, then you'd be leveraging direct sales. You'll notice that many companies use this model all over the world.

"One-Two Punch!" A Powerful Combo
If you are a boxer, and your left hand is network marketing and your right hand is direct sales, which hand do you think your trainer would instruct you to use more often in the boxing ring? Whichever is your stronger hand? No, both! Why? Because it's the most efficient and productive combination for success.

You see, there are a few companies in North America that have built their organizations from the ground up on top-tier products and have embraced a distribution model that takes the best of network marketing and direct sales and blended the benefits of both into a win-win Business opportunity professional business owners.

Top-Tier Business Opportunities Blend
(1) Excellent products that have strong demand in their respective marketplaces(2) A powerful compensation plan that rewards entrepreneurs very well for their efforts(3) A duplicable system that helps the entrepreneur eliminate 90-95% of the different
variables that cause most startup businesses to fail
(4) Training and support via a community of other successful entrepreneurs who are
willing to share their secrets to success in the business. I've underlined that last part for a very good reason: this is the critical variable that is hardest to find. But if you do find it, hold on because you are going to enjoy the ride!

To wrap up, Network Marketing is the basis for explosive growth in your business. Direct sales is the mechanism by which you will earn the most income, primarily due to the fact that there is no middle tier in the distribution chain to suck out a large chunk of the profit margins. Find a company that can provide you with the benefits of both models and you will find the most efficient vehicle for building up to a millionaire status within next 3-5 years.
Final Thought
Do your due diligence before selecting a Home Business. You want to find a reputable company that has top-tier products that are stand alone , has an excellent compensation plan, offers a supportive community to help you build your business, and has industry leaders building their businesses with this organization (this shows you that the best of the best are there, which means you probably are selecting a very good organization to work with).

My Videos - SkyQuestCom

2009-11-13T13:13:00.000-08:00

My Videos - SkyQuestCom

Catch the new wave to Financial Freedom

2009-09-28T07:25:00.000-07:00

These days I believe you have two very clear choices, when it comes to making money:
Just be a customer of a company and watch them make plenty of money.
OR
Be a customer & refer their products and make some money from them.

Are You tired of Working 9 to 5?

Do You Require Additional Income?

Tired of someone else being the Boss?

Want Something Better out of Life?

Many people want it. Plenty of people talk about it. Few, however, are willing to do what it takes to obtain it. Many people talk about how they wish they had the money to do the things that really matters to them. Are you one of them? Or, are you an exceptional person who is willing to do what it takes to secure a sound financial future for you and your family? If you are such a person, then read on. The most important thing you can do is to begin the process of strongly believing, that you can have much more of what you want out of life. You must begin to strongly believe, that the decision is yours.

IT'S YOUR DECISION!!!

There is a huge obstacle facing people in their quest for a financially comfortable life. That obstacle is their own refusal to believe that it can happen to them. They're wrong. It can happen to them and for them! The second most important thing to do is to maintain an open mind. This doesn't mean, that you should jump headfirst into every opportunity that comes knocking. Many people have learned some very bitter and very expensive lessons by doing that. However, it does mean, that you cannot afford to dismiss any opportunity without first investigating it. There are many people who regret passing up some of the opportunities they've had in life. Do some research. Get the facts. Make an informed decision.

Here is a Referral Business Opportunity that can help you build a proper "nest egg": You are the only one who can decide if a business opportunity is right for you. But, unless you do your research, you'll never know. If you turn it down, "sight unseen", you just might be walking past your gold mine. Since it will only take you a few minutes to read the information about these opportunities, what have you got to lose? Come on in & join us in the BEST!!

To best understand a Referral business program, one should think about how we shop TODAY. For example, you want to buy a product you drive to the retailer/store, you select the item, bring it to the cash register, put your money on the table and leave. Some of that money goes to the manufacturer of the product. Some of your money goes to the store owner /retailer as profit. You, the consumer derived a value. However, have you ever received a check in the mail at the end of the month from your local retailer/store or product manufacturer thanking you for your purchase? Without a doubt you haven't. Should you decide to tell your good friends about the product who in turn purchases the products by ordering directly to the retailer neither do you receive anything for doing that!.

WHAT DOES THIS COMPANY PROMOTE?

Apart from their excellent product lines they offer a very unique Referral commission business plan that rewards individuals for every referral they make directly or indirectly! It's about "People helping People." Ordinary people like us! The goal is to help the people reach their goals." Whatever your goals -- whether they are US$200 extra a month or US$1,000 per month income, Our team is committed to have you reach your goal.
Oh No!! Not another MLM? That's what we thought as well initially! But this is not another MLM but a Multinational Company having presence in more than 80 countries in the globe with a fantastic referral business plan & e-commerce opportunities as well, Here are some excellent reasons to be in business with us as customers.
NO Big Investment - Low Start up cost & Risk free business
NO Inventory - Buy only what and whenever you need at your choice.
NO Need to Take Orders - ALL CUSTOMERS order directly from the company.
NO Need to Deliver Products - ALL CUSTOMERS receive products directly from the company.
NO Billings or Collections - You never have to worry about getting owed by anyone.
NO Complicated Paperwork - The company keeps track of everything for you.
NO Risk – 100% Money-back guarantee. We want totally satisfied customers!

Best of all! No Breakaways!
If you have ever been involved in MLM you know breakaways are the reason so many people lose tons of money. This plan has NO BREAKAWAYS. The volume of products ordered by you and those you refer will ALWAYS be attributed to you. In fact since you can only have three direct referrals under you, The plan allows you & others above you to PLACE CUSTOMERS INTO YOUR ORGANIZATION below you. Once placed, that customer and his/her referrals product purchases will also ALWAYS BE ATTRIBUTED TO YOU. This ENSURES that the PART-TIMERS as well as the FULL-TIMERS can make money together as a customer team.
WHAT MAKES US DIFFERENT AS CUSTOMERS?
We get to Own your Own Personal Business! But with The Internationally established Direct Selling Companies
· Establishes new lines and maintains lines of products.
· Allow you to do business in any country globally.
· Handles delivery of the products.
· Is responsible for guarantees.
· Administers the referral compensation plan.
· Tracks all your referrals through your ID.
· And many other things as well!
· You can Develop a Network of Personal Businesses

You teach yourself through our world class Virtual Business Education System and motivate other peoples regarding how to do and what you are doing. You expand your business by showing others, how they can contract with the company, buy for themselves and also get into the Referral business plan. One of the tremendous benefits of your business will be the ability to instantly duplicate itself online through the Internet which gives you the ability to expand your business into other cities, states, and countries although you are not actually there.

The company's unique Referral business plan is changing the way people do business in the 2000's. It is an opportunity for average persons to participate in a redistribution of wealth by shifting profits from multi-billion dollar conglomerates to individuals. By focusing on the success of the individual, it is rapidly creating the type of independent business success that typifies an enterprising spirit.
Corporately and individually, the plan embraces a culture that cares for each other's success and promotes financial independence and breaking the bonds of indebtedness. The plan empowers individuals by helping them to build a business that will create residual income to last a lifetime.
I can help you to get started in this New Generation Referral Commerce Business & provide necessary support to get through your success as an owner through our Virtual Business Education System.

To your Entrepreneurial Success

Debasish Dutta

Meet me : http://www.facebook.com/profile.php?id=100000061721087&ref=profile
Mail me : career.momentum@gmail.com

Which is resisting you to take decision towards achieving your own Dreams?

2009-06-29T12:42:00.000-07:00

Do you have questions about Network Marketing? Is it a pyramid scheme? A scam? A bunch of mumbo jumbo? Although the following questions/answers are not necessarily specific to the Agel business opportunity, they do cover a lot of the most commonly asked questions and concerns in the industry. If you are considering a network marketing OR Direct selling opportunity, take a look - you might be pleasantly surprised!
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Q. Can Network Marketing be done successfully part-time?
A. Absolutely….it’s very common in fact. You can start your Network Marketing business on a part-time basis without giving up your current source of income until your Network Marketing business is generating the income you require. And the best part is that you can continue to operate indefinitely on a part-time basis. What would you do if you were financially independent and most of your time was free to do with as you pleased? This is why so many people are flocking to Network Marketing. And that’s why we say that Network Marketing puts the freedom back in free enterprise!
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Q. Do I have to sell products door-to-door or hold parties or meetings?
A. No. One of the greatest features of Network Marketing is that success can be achieved using a wide variety of methods. You choose the methods that YOU are comfortable with; whether that means direct mail, distributing catalogs, telemarketing, meetings, one-on-one, in-home parties, via fundraisers, commercial accounts, and so on.
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Q. Isn’t Network Marketing one of those pyramid schemes?
A. Definitely not. Though Network Marketing and pyramid schemes do share some similarities, there’s a very important difference that makes the latter illegal. You see, in pyramid schemes, income is generated solely on the process of recruiting others into the pyramid. Sometimes a product or service of questionable value is involved (that is never retailed to the general public by the way), but generally what you’re buying is the right to recruit others into the scheme. This is illegal. Also, in pyramid schemes, those who get in first and who are at the top win, while everybody else loses. In a legitimate Network Marketing company, on the other hand, distributors are paid only on product movement; not on recruiting. Both at wholesale and retail. There’s also compensation based on the training and managing of your marketing team. And unlike illegal pyramids, in Network Marketing, no matter where you’re positioned or when you join, you can advance to the very highest income levels and even make more money than those above you in the network.
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Q. I’m not a salesperson, so this probably isn’t for me.
A. Actually, studies have shown that people with no sales experience do great in Network Marketing. In fact, the studies show that they often do better than those with previous sales experience. This is because Network Marketing isn’t about selling; at least not in the way most people think of selling. There’s no place for arm-twisting or high-pressure techniques in Network Marketing. Rather, Network Marketing is simply about sharing the concepts and products of your Network Marketing company that you use and you’re excited about.
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Q. How much money can I make?
A. The bottom line is you’ll get out of it what you put into it. It works…if you do. But that’s the beauty of it, too; you are in control; it’s up to you how far you take it. And don’t forget, the income you create in Network Marketing is residual. This basically means that for the work you do just today, you have the potential to earn money not only for today but for years to come.
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Q. Do I have to sponsor a lot of people to be successful?
A. No, if you can sponsor just one person every month or two, you can do great in Network Marketing.
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Q. What’s so important about sponsoring in this business anyway?
A. It’s like this: it doesn’t matter how intelligent, rich, energetic, or dynamic you are; we are all limited to the same 24 hours a day. By sponsoring, however, you can overcome this limitation. By sponsoring, you can virtually clone yourself and have dozens, hundreds, even thousands of people all working indirectly on your behalf on their time and receive a cut of everything they do. Sponsoring also builds your security in this business. Why? In most traditional businesses, what happens if you become ill or disabled and are unable to service your customers? Or perhaps you just want to take a nice long vacation? Whatever the case, you could lose most if not all of your income overnight because it relies on you being there. That’s not owning your own life and that’s certainly not financial freedom.
Through the process of sponsoring and building a downline in Network Marketing, however, you can create total financial freedom for yourself. With a downline of independent business people working for you, you no longer have all your eggs in one basket. On the contrary, because each person in your downline has a vested interest in continuing and building their own businesses, you create an income that is non-dependent upon you — an income that can continue, even grow, indefinitely with or WITHOUT you.
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Q. Do I have to stock and deliver products?
A. Most Network Marketing companies today allow its distributors (and often even retail customers) to order direct from the company. The company simultaneously tracks your commissions, credits your account, and automatically sends you a check for the total amount due.
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Q. Isn’t Network Marketing just another “get-rich-quick” scheme?
A. No, “get-rich-quick” is a fairy tale. It just doesn’t happen in the real world. Sure, there are a few exceptions, but they’re extremely rare. In fact, if overnight riches is your dream, your odds are probably better playing your state lottery than doing it in business — any business.
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Q. I couldn’t get involved in Network Marketing / Direct Selling. It’s not a “real” business.
A. It’s very real. Network Marketing / Direct selling is now a multi-billion dollar industry involving millions of independent business people and major U.S. corporations like Colgate-Palmolive, Gillette, Sprint, Mary kay, Quixtar, AmriPlan USA and Success University , just to name a few. And it’s a rapidly-growing international force, too, with thousands of Network Marketing / Direct selling companies already in operation in Canada, Mexico, Europe, Japan, Australia, New Zealand, and the Pacific Basin.
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Q. If Network Marketing is so great, why aren’t more people involved?
A. That can be summed up in one word: misconceptions. The general public just doesn’t understand what Network Marketing is or its potential. But that’s finally starting to change. Right now it’s estimated that only about 2% of the U.S. population is involved in Network Marketing. But industry experts predict that that number could climb to 10% by the end of this decade. You can position yourself to take advantage of this trend by getting started in Network Marketing now. The timing is great for getting involved!
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Q. What are the costs involved in starting and operating this kind of business?
A. Virtually all Network Marketing companies require you to first purchase some kind of “Starter Kit.” This is a one-time cost, and is usually less than $100. In addition, of course, you’ll have monthly expenses for office supplies, postage, advertising, etc. A total of $50-$150 dollars per month is probably a realistic expenditure to expect. Anyone can afford this amount of money without jeopardising their current lifestyle while they’re trying to build a better one. And here’s some more good news — most, if not all of that, is tax deductible.
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Q. What if I can’t afford to buy extra products ?
A. You’re not supposed to. Network Marketing companies just want you to replace those products you now buy elsewhere with the equivalent-but-higher-quality products your Network Marketing company manufactures. By doing so, you’ll likely save money since you now get to buy at wholesale. Plus, it only makes sense to buy from yourself — to buy from “your own store.”
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Q. I’ve tried Network Marketing before and it didn’t work for me.
A. Let’s say you’ve just moved into a new city and you decided to go out to eat that evening. Unfortunately, the food at the restaurant you picked turned out to be horrible. But just because of this one bad experience, you surely wouldn’t swear off eating at all the other restaurants in the city, would you? Of course not! Network Marketing is no different. There are fair Network Marketing companies, great Network Marketing companies, and, yes, even some bad Network Marketing companies. But Network Marketing works! You just need to link up with the right company.
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Q. I don’t have the cash right now to get involved in Network Marketing.
A. Get it! If a brand new $60,000 Mercedes were offered to you for $1000, would you find the money somehow to buy it? Go and get the money because your own Network Marketing business could be worth a lot more than that Mercedes.
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Q. I can see how others have become successful, but I don’t think I could do it.
A. People of every age, every background, from every walk of life are making it in Network Marketing today. If you have the desire, you can succeed in Network Marketing.
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Q. If I would happen to be sponsored by someone half way across the country, how do I get questions answered? And what about training?
A. Free consultation and assistance from your sponsor, other upline associates (and often the corporate staff of your Network Marketing company) is a phone call away. Faxes, E-Mail, Voice Mail, and other new technologies also provide fast and efficient communications between upline and downline…no matter where they’re located. As for long-distance training, this is easily handled through video training CD’s, audio taped seminars, books, online computer and telephone conferences, etc.
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Q. I just don’t have the time to start a Network Marketing business. I’ve got too many irons in the fire already.
A. That’s precisely why you should consider Network Marketing. Besides creating financial freedom, Network Marketing is specifically designed to create personal freedom for you so that you can do all the things in life you really want to do that you don’t have the time for now.
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Q. Don’t you have to get in at the beginning to make any real money? Doesn’t saturation eventually occur?
A. That’s another big misconception that’s been perpetuated by the media for years. The fact is, there has never been any evidence produced that “saturation” occurs in Network Marketing. This very topic was debated in U.S. courts at one time and that was the conclusion by the courts.
Secondly, realise that because Network Marketing is still a very young industry, there are hundreds of millions of prospects worldwide who have never even heard of Network Marketing. It will take years to even make a dent in that.
But here’s the main reason why “saturation” is a myth: Timing. In the U.S. alone, there are tens of thousands of brand new prospects “hatched” every year. Part of that figure is young adults who have only just reached the stage in their lives where they’d consider (and could afford) to start a business. Then there are the thousands who have just experienced a major shift in the direction of their lives because of changes at work, at home, etc. These same people, who just months before could in no way, shape, or form be considered prospects for Network Marketing, NOW are suddenly very open to the proposition. And this is happening constantly. Bottom line: The market is wide open and the potential is enormous.
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Entrepreneurial Motivation "Why do you want to be an Entrepreneur?"

2009-04-18T10:30:00.000-07:00

Finding Motivation is one society’s biggest problems, people complaining that they can’t find it when they’re carrying out a piece of work; this is of therefore a big problem. Especially in workplaces where people are counting on you to deliver the best material you can output. Where do you find motivation? People tend to get motivated to carry out tasks and complete given work when they have something they want to achieve by doing the work, some people like to refer to these as goals or incentives; but I think the word is over used and has subsequently lost its meaning over time.
Entrepreneurial Motivation, What Is It and How Do You Really Find It?
Entrepreneurial Motivation can be more difficult to find than your good old fashioned ‘motivation‘on its own, because most of the time it’s a kind of motivation that needs to really be thought about and planned. Why? Entrepreneurial Motivation is usually long term, and that’s why it needs to be broken down into something more short term. This post explores three main motivational factors which influence people’s decisions when quitting their jobs; and how these reasons can be used as entrepreneurial motivation for the long haul.
1. Do You Want To Make A Name For Yourself? Be Yourself And Exude Confidence.
I find that a lot of people who ultimately decide to leave the workplace and go off to begin their entrepreneurial endeavors, are fueled by a passion for some kind of celebrity status or authority figure, in a particular field or niche. Personally, I think that this can be a very good type of motivation to have because there are always opportunities to feel that you’re actually increasing people’s awareness of who you are; and what you’re an expert at. This is especially true when it comes to all the social media sites and applications which are being released daily; you can constantly be marketing yourself.
2. You Want To Start A Business Of Your Own? This Is Your Driving Force!
People quit their job because they want to be their own boss and start their own company…This is their motivation and it can be quite powerful. Owning a business can be a double edged sword; we’ve seen so many example of people try and fail and in business it happens a lot. Successful business can be summed up in a couple of words, including that of planning, implementing, analyzing and optimizing; in addition to this: your service or product should be top notch and high quality. A business will only be great if you have a distinct passion for what you’re doing. Passion breeds creativity and creativity breeds ideas; most of the time - ideas breed better business.
3. Maybe You Want To Escape From The Cubicle? This Can Be Great Motivation.
Tired of your boss screaming at you? Frustrated with the cubicle in which you spend most of your day. Is the rat race getting to you? Ever feel like you could be doing something so much more rewarding and probably end up living a much longer life? All of these questions above are examples of great, long term motivational goals which you can use to motivate yourself to continue developing a business model and implementing it. If you have a sound business strategy with a solid foundation, your business is likely to succeed, every time you feel discouraged; just remember you could be chasing trains and catching buses.
Do You Have The Professional Attitude, A Winning Personality and A Room Filling Presence?
One thing you need to understand is that there will always be highs and lows…it’s only natural. Stress, pressure, money and time constraints may eventually affect you. The most important message to remember is not to give in to these short term demoralizers; you can and you will get over them. Think long term, think about the bigger picture, motivate yourself by recalling what you were and envisioning what you will eventually become.
This is where the professional attitude comes in. In everything you do, you should aim for maximized efficiency and productivity; if you have a construction crew carrying out work, ensure they know the deadline and that work being executed daily meets quality and standards as well as maintaining and sticking to a rigorous work schedule.
Your personality needs to be great, remember that you have the power to influence people by using the mood in which you are in. Strive to be bubbly, friendly and full of energy; this can only happen if you have a balanced lifestyle, an excellent state of overall general health and a great well-being. Your presence needs to be so big that it fills a room and motivates others around you to get the job done because your excitement and presence will rub off on the workers.

New face of Sales Management in India

2009-03-18T11:45:00.000-07:00

With the changing scenario of business around the globe, organizations have quickly and effectively synergies with the dynamics of the modern business. Their orientation, their focus, their processes, and above all, their ways of marketing & sales management- everything has evolved.

The days are gone when people had to depend upon a handful of sources to get access to branded offerings, products and services. Internet, E Commerce, Direct Selling, Mail Order System… and there's an in exhaustive list of innovative ways and media through which organizations sell to their customers.

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One cannot ignore the above-mentioned modes of marketing and selling, particularly in an environment, which is today driven by anything but the motto of "Customer Service, Satisfaction and Ease". To add to this, Internet & Information Technology has given marketers tools like never before- the tools of accessibility and wider reach. In fact marketers around the world have started emphasizing upon the significance of these new modern age tools that could be the very beginning of a new evolution in the field of marketing. And yes, to mention in the same context, I'd like to share the following lines of a famous leader-"Today's illiterate won't be the persons who aren't educated, but instead they'll be the ones who aren't adopting themselves to changes".

Getting back to the topic, I must talk of Network Marketing [also known as Direct Selling/ Multi Level Marketing (MLM) / Private Franchisee / Affiliate Marketing ]. Being a part of the most modern methods of making sales, it has already made its presence felt in India backed with established credentials of itself as an industry spread far and wide across most parts of the world and having annual global business volumes exceeding US $ 100 billion and enormous potentials to grow. A non-conventional way in channel of sales & distribution, direct selling or network marketing is all about going directly to the consumer, and most importantly- through a customer.

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Definition & Explanation
Network or Multi Level Marketing may be defined as a distribution channel/ sales method wherein the manufacturer directly sells to the customer at a preferred rate and also gives the customer rights of selling the same product(s) for certain compensation/ incentive.
Thus, firms involved in selling through network marketing have a well developed system of functioning based on the concept of Network Marketing. According to the concept, the company does not employ full time salaried employees to sell and market its product offerings. Instead it goes the direct way to consumers by approaching them first to become customers of the company by purchasing products of the company at preferred rates, and then offering the same customers to re-
purchase those products at special preferred rates for future purchases. This way the company ensures that it has a system strong enough to attract people towards its products and offerings coupled with the advantages of lifetime re-purchase discounts. Now, besides the discount facility, the company also offers the customers to help the company market its offerings. The customers acting as independent agents/ distributors/ network marketers/ independent consultants on behalf of the company do this (very similarly like the life insurance companies have independent marketing agents to sell their insurance policies). It is worthwhile to note that the formalities for registration of the customers as agents of the company incurs no agency or distributorship charges except a nominal fee being charged by the company towards one time registration of the customer and his enrolment as a network marketer/ network customer.

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How Does the Model Work?
As per the model, the firm motivates the customers of the company to sell its products by way of Network Marketing (direct selling). This happens when the customer introduces other people to the system of MLM and sells to them his firm's products. Now, after purchasing, theses new customers will automatically have agency rights for marketing (as explained earlier) the same products to other people, thereby increasing sales and recruiting more marketers (consultants). Hence this system of network marketing boosts sales and also brings in new and more marketers by way of existing customers working on behalf of the company and marketing its offerings + the great business opportunity available with the customer ship.
Advantages of Network Marketing
The 45 per cent or more of the margin or markup, which was charged by the middlemen, is now given to the consumers. The consumer gets the product directly from the manufacturing firm, hence the material is always genuine.
The products will be of superior quality at affordable pries and in appropriate packings. These products will not be available at retail outlets, hence there is exclusivity of selling rights.
A detailed computerized monthly statement of accounts, along with the payment is sent to the consumer. This statement also gives the names, addresses and phone nos. of all the consumers in your group.
The beneficiary / consumer gets a chance to build own independent business without any imajor investment or liability.

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The Business opportunity aspect of MLM- earnings potential
Multilevel marketing allows sellers to build a business through their own sales efforts and by inviting others to become sellers. Remuneration is based on a seller's personal sales AND on the combined sales of those people they have sponsored, trained and motivated.

Every human being on this earth has limitations, the biggest being time limitation. Nobody can afford more than twenty four hours of work a day (assuming that a person works for full of a day), since god has given us only twenty four. Thus it clearly implies that there are limitations for people to work, and hence for them to earn. This is called Linear Income or limited income.

Keeping the above factor in mind, it is but obvious that nobody can have unlimited earning or better and more practically, say exponential earning. It must be kept in mind that it is through only exponential earning that industrialists have been able to build wealth and make big industrial empires. This can be understood from the simple explanation – An industrialist has a factory, an office, etc where he employs people in large numbers to work for him and in turn pays them salaries and he himself earns huge profits and turnovers from their work. This becomes possible by the multiplication of time and work, i.e. the time put in by thousands and hundreds of employees is multiplied by virtue of so many employees working for say eight hours each, thus time worked totaling to eights of thousands of hours a day, and that too in the industrialist's favour. The best part of the whole story is that the people working as such are individually working only for eight hours a day, but collectively for thousands of hours. This is called time duplication and it forms the basis of what is called Leverage Income or Exponential Income.
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The above illustration is directed towards the concept that network marketing is also based upon the system of leverage income and time duplication, and thus a network marketer can duplicate time and earn exponentially using the team of large no. of networkers with him. And, this is not true only for the top level consultants in the network, but for every consultant at each level of the network, since at every level, there's a network below it.

The major Network Marketing Companies in India

Amway India
Oriflame India
Direct Educational Technologies
Tupperware India
Hindustan Lever Network
Avon Beauty
Herbal Life
PS Press Service
AMC Cookware
Medicare
SFI Affiliate
Sunrider India

Statistics
Data state that the direct selling industry has grown over the last two decades by leaps and bounds. It has registered a growth of almost three times, taking sales volumes in 1988 from US$ 33.32b to US$ 100b (apprx.) as of now, which is clearly demonstrative of the exponential growth potential of the industry.
Also with the given potential of the industry, there are immense direct and indirect employment & business opportunities to come up and benefit millions of people worldwide.

In India, the direct selling industry is estimated to be around worth of Rs.12,000 crores. With the entry of Grand father of Direct Selling Company in the Globe, Amway India Enterprise (a company under Alticor Group of Companies, USA-www.alticor.com) and the like, the seriousness in the industry is getting more & more. Many companies now have MLM as an important sales tool option on their charts.
Present Scenario
The industry is looking forward towards the government of India and industry to come up with a proper legislation in form of a Direct Selling Act in the country, so as to properly organize and regularize business in this sector. Also such legislation would boost healthy competition and eliminate incompetent & fraudulent players and their pirated products to promote level playing field in the industry.

Be a Leader

www.smartbusinessprofits.net

Three Success Pillars

2009-03-16T12:31:00.000-07:00

The Three Pillars of Success in Direct selling / Network Marketing / Affiliate marketing are:
1) Residual Income
2) Leverage (of Time and Money)
3) Duplicability or Geometric Growth
Network Marketing, 'MLM', Direct sellling and Multi Level Marketing are all terms that refer to the same type of business model. While many close-minded people outside the industry (and others who've tried it and failed), have biased or negative wrong impressions, and despite the fact that it is used and abused by many crooks and con-artists, this business model has exceptional performance potential.
There are bad apples in every bunch, and this industry has more than it's share. But it can produce outstanding results if you know how to find the right company. And to maximize your potential, there are a few simple concepts whose understanding is critical to your success.
Unlike franchises or conventional businesses, Network Marketing, MLM, and Multilevel Marketing are the only business models that take advantage of all three of the important, yet misunderstood principles of:
Passive Residual Income - Leverage - and Geometric Growth.
And the combination of all three of these elements is what gives the Network Marketing business model it's synergy and exceptional performance potential. In fact one outstanding company I'm aware of has actually built designed synergy into their business model.
Whether it's a franchise or conventional business, both require major investments of time and money, and special skills if you hope to be really successful. Even the relatively small percentage who achieve true success usually take years just to break even.
On the other hand, with the advent and popularity of the Internet and the rampant quest to "Get Rich Quick for Doing Nothing", many people have gotten all excited about affiliate, associate, referral, or co-op programs as they are sometimes called. But very few of the thousands of these being promoted have any real chance of making any significant money for the vast majority of people who get involved.
A perfect example is an email I recently received from one of these programs who claim to be 'the best'. They bragged that they were paying "over $400,000 in commissions each month!" and have "now grown to over 650,000 affiliates!"
Those are interesting statistics some might get excited about. Let's see... if they're true... They're paying an 'average' of $.61 per affiliate... That's sixty one cents ! Wow! How would you like to retire on that?!
They claim later in their letter that some are making $10,000 a month. If that's true, then to come up with an 'average' of sixty one cents each, the vast majority have to be making absolutely nothing.
There is a much better way to achieve your dreams!
But you have to:
1) Take the time to understand these three critical principles -
PASSIVE RESIDUAL INCOME - LEVERAGE - GEOMETRIC GROWTH
Then...
2) LEARN TO ASK THREE SIMPLE QUESTIONS! - so you can teach what you know to others.
If you're even moderately successful in networking, you undoubtedly understand and believe in the three principles above. If you haven't yet had the success you desire, you may not completely understand these principles, or how to get them across to others. Highly successful networkers have learned how to ask the right questions, then help others understand and take advantage of these important and powerful concepts.
Unfortunately these principles are not well understood by the majority of the population. And that's just one reason why so many fail at network marketing. There are lots of other reasons, and it would take a book to cover them all. But this is one of the more common ones. Because if you don't understand or believe in these principles, it's impossible to help others fully comprehend and appreciate them.
Let's face it, our educational system trains (or brainwashes) us to be conformists, to do what others tell us to do, and to prepare for a JOB, not an entrepreneurial business opportunity. So those of us who crave our independence and freedom, head in that direction in spite of our education, rarely because of it.
And even though many people claim they'd like to be their own boss or own their own business, only a small percentage of the population possess the necessary desire for success to risk stepping out of their 'comfort zones' to pursue their dreams.
Most people are afraid of failure, and for them it may be better and easier to live life in a rut. Others are satisfied or even happy with their jobs, incomes, or lifestyles, and that's great for them. But if you're one of millions who yearn for more freedom and control in your life, you must understand the following three principles to achieve True Success in Network Marketing.
1) RESIDUAL INCOME:
Residual income is recurring income that continues to come to you long after the work you've done to produce it has ended. There are lots of ways to produce residual income. But many people don't understand it. Others have never thought about or been exposed to it. And unfortunately, many ways of producing it are out of reach for 'average' people.
Successful authors, actors, musicians, and insurance agents are some of the more familiar avocations that produce residual income. Probably the simplest and best example of passive residual income is interest earned on money in the bank or other investments. It gets paid or credited to you without you having to invest any more time to produce it.

Using the "virtual millionaire" concept I will explain below, if you had a million dollars in the bank earning 6% interest, that would produce about $60,000 of annual income (before taxes). So if you have any source of passive residual income producing $60,000 or more a year, you are a "virtual millionaire".
And with the right business, that can be much easier to accomplish than trying to overcome all the roadblocks to accumulating a million dollars in the bank. Instead of Uncle Sam fighting you all the way (taxing all your income), he actually becomes an active partner by giving you all kinds of tax breaks and incentives to succeed.
There are only two sources of money:
(a) PEOPLE AT WORK, and (b) MONEY AT WORK...
THAT'S IT!
The simple goal of Retirement & Financial Planning is to make sure you accumulate enough money (or income producing assets), so that when you decide or are forced to retire, it will produce enough PASSIVE RESIDUAL INCOME for you to enjoy the lifestyle you choose for as long as you live.
The same concept holds true in Network Marketing. But Leverage, and Duplication or Geometric Progression, can help you build it much faster in the RIGHT Network Marketing program.
One of the first questions I often asks prospects is:
"If you had the choice of doing a job and earning $500 once, or getting paid $100/mo for the rest of your life, which would you choose?"
You'd be surprised at how many answer $500! These people either, i) are not good prospects or, ii) need some education. That question is one quick and simple way to pre-qualify people. Those who don't understand that principle may never achieve their true potential.
Obviously $100/mo. will surpass a 'one time' $500 relatively quickly. And if it lasts for a few years, or better yet - the rest of your life - it will really be a blessing. Producing enough passive residual income can make you a VIRTUAL MILLIONAIRE in a relatively short time, compared to working for someone else and scrimping and saving for 30 - 40 years.
A VIRTUAL MILLIONAIRE is someone who has enough money coming in every month, WHETHER THEY WORK OR NOT, to support the lifestyle THEY CHOOSE, for as long as they live. It's also nice to have something SIGNIFICANT to pass on to your heirs or favorite charity.
But like everything else in life, even residual income has a downside. The biggest one is, just like compound interest or geometric progression, it normally takes a little time for the magic to start working. The POWER and BEAUTY of residual income is on the back-end, not the front!

Many people have a hard time understanding this FACT and mistakenly chase false promises of quick or easy money. That's why there will always be crooks and con artists in the world pitching "get rich quick and easy". Successful people ignore them. Naive or greedy people usually get burned.
Residual income is NOT about "get rich quick", even though with the right opportunity it's possible to produce a small fortune in a relatively short time.
If you're especially talented or have the time and money to invest, you may have some success in less than a year. And many people do. But without a major investment of time or money it takes most 'typical' people a year or two of part time work to generate a decent income, and another year or two to really hit the big time. But achieving success with 3 - 5 years of part-time effort beats the widely accepted 'standard' plan of slaving 20 - 40 years working for someone else to make them wealthy!
Most people who fail at network marketing either choose the wrong company or just give up too soon and quit because they expect INSTANT results. But because the real beauty of residual income is on the back end, not the front, once you build it you have the financial security and time freedom to do anything you want the rest of your life!
The RIGHT network marketing opportunity allows anyone, with no prior experience, special skills, or large capital outlay, to build long term, passive residual income. If you don't know how to choose the right opportunity, I can help. ( Read "Rich Dad- Poor Dad “ by Robert T. Kiyosaki - http://www.richdad.com )
A critical component to building long-term residual income is offering high quality, high demand, value-priced, 'consumable' products or services that people use and re-order month after month.
Because of this simple fact, the top industry in Network Marketing by any measurable standard is Nutritional Supplements and Personal Care products. Some people refuse to consider this industry because they don't take supplements themselves or don't understand the 'Big Picture' and successful business model of this industry.
Do you think Burger King and McDonald franchise owners invest hundreds of thousands of dollars because they like to eat fast food burgers? Not hardly! They understand human nature and trends in society. We're a convenience oriented society, and a large part of the population would rather eat low cost convenience food, even if we know it's not good for us.
But there's also a booming trend toward improving your health, improving your life, and developing personal and time freedom. Many 'opportunity seekers' completely miss or ignore these trends in society. If your business is in front of multiple long-term trends, you dramatically increase your chances for success.
I'm not saying it's not important to believe in and use your own products, because it is! But for true success you have to recognize major trends in society, and your products or opportunity must meet ALL the highlighted criteria above - high quality, high demand, value-priced, and 'consumable'. (And in this case, 'consumable' does not necessarily mean just 'edible'. It means used and/or re-ordered on a regular basis.)

And with the right business the rewards can be much more than just financial! It's hard to put a price tag on the goose bumps you feel or tears that come to your eyes sometimes when someone thanks you profusely for introducing them to a product that has had a major impact on their health, their life, or their financial situation.
Unfortunately some people never grasp the importance of this additional benefit. Most good people want to feel they are doing something worthwhile with their life. And it's not just about making money, even though many narrow-minded or greedy people will try to convince you it is. It's also about helping others. And doing both can make the right business doubly rewarding!
But your business also has to have profit potential. Some 'price-based' products or services have lots of competition and limited profit potential. If you choose a business like that you have to do a lot more volume and it's hard to build loyalty, which is an important element in producing long-term passive residual income.
2) LEVERAGE:
Every successful person or business (in or out of Network Marketing) takes advantage of leverage. There's only 24 hours in a day! And no matter how talented you are or how much you get paid per hour, if you don't take advantage of leverage you're limited by the number of hours in a day. By learning to leverage your time, you can also benefit from a percentage of other people's efforts, and dramatically increase your income and freedom.
If you're reading this article on the Internet or in a magazine, that's one simple example of leverage. I don't have to be physically present to teach you something. I may be sleeping, or vacationing while you are learning or sharing this information.
Unfortunately in most traditional businesses, the only ones who benefit from leverage are the owners or stockholders. The loyal, hard-working employees do most of the work. The unique and wonderful thing about the Network Marketing business model, is that everyone has the same opportunity to become the 'owner' of their own business - with a fraction of the investment of time and money of a traditional business or franchise.
And instead of worrying about training people to become your competitors, in network marketing the people at the top have a vested interest in helping others on their team succeed.
Again, the question I ask prospects here is:
"If you had the choice to receive 100% of one person's efforts, or 5% of 100 peoples', which would you choose?"
And again, if they answer 100%, either: (a) they're not a good prospect or, (b) they need a remedial math class or additional education.
Many talented people would rather just depend on themselves, and have difficulty grasping the importance of this concept.
Obviously 100% of one is always only one. But 5% of 100 is five. That's a 500% increase and is significant! And with synergy, sometimes it can be even more!
Not only will the total result with leverage almost always be a lot more, but your income is not dependent on only one person. If it is, and that person gets sick or injured, disabled, dies, quits working, or decides to go on a long vacation, your income could stop!
But if your income is produced by the activities of many, it is much more dependable. Even if something unexpected or negative happens to one or more of those people, it only has a minor effect on the total production. That's what allows people who understand and take advantage of this to live the lifestyle they choose or get paid while on extended vacations.
It's great to get paid while you're on vacation or doing other things you love! That's one of the many advantages of leveraging your time, and is just one of many reasons so many high income professionals from all walks of life are flocking to get involved in Network Marketing.
Many professionals who make great incomes, get frustrated at the 'bottom line' after putting in long hours just to cover overhead and miscellaneous expenses. No matter how much you earn per hour, if you don't learn to leverage your time, your earnings will always be limited by the number of hours you can work in a day. And nobody wants to work 24 hours! But even with a small network marketing organization, you can produce equivalent results to working 24 hours a day, with a fraction of the individual effort.
Learning to leverage your time (and money) is an important step toward gaining Financial Independence and Time freedom.
3) GEOMETRIC GROWTH - DUPLICATION - POWER OF ONE:
The best illustration I've seen of geometric growth is the penny-a-day example. It's also frequently used to illustrate the benefits of tax free compound interest.
If you start with one penny, and double it every day 30 days, how much will you have at the end of 30 days?
If you haven't heard this before or don't remember, go ahead and take a guess. Day two you'd have 2 cents; day three you'd have 4 cents, then 8, 16, and so on. How much at the end of 30 days?
I've never had anyone who hadn't heard this before come close. So don't feel bad if you don't, and I promise not to laugh. Ready? Did you pick a number?
Would you believe over FIVE MILLION DOLLARS?! ($5,368,708 to be exact!) That's right! Most people don't believe it until they punch it out on a calculator. And even then it's sometimes hard to fathom. But it's true. Isn't that amazing?
That's a simple illustration of how networking can work. If I can teach you, I've doubled myself. If we each teach someone else, we've doubled again. And as this goes on and on it can produce amazing results in a relatively short period of time, just like the penny example.
The easier your program is to do and the lower the cost to get involved, the more people you can appeal to and the more potential for geometric progression to work. Programs that are too complicated or expensive for 'average' people to do will always hinder your growth.

Great salespeople can succeed at almost anything they apply themselves to. But not many people have the talents, skills, or desire to be great salespeople. IT'S NOT DUPLICATABLE!
The Network Marking business model is about a lot of average people doing a little, not a few talented people doing a lot.
While lower cost of entry can be an advantage, many programs that are 'free', don't offer any real potential for significant income, and often attract people who aren't willing to work to build their business. So REALISTIC INCOME PRODUCING POWER is an important area to consider.
Joining a 'downline club' or any other program that promises any variation of - "we'll do everything for you" - will never produce significant LONG TERM passive residual income, because the majority of people who join are looking for a free ride or are too lazy to build anything significant. None of these programs have ever worked long term and none ever will. It's a simple fact of life successful networkers accept early on.
The penny a day example is a great model for illustration, but in 'real life' it never works exactly like that. Some people never recruit anyone, and others find 10 - 20 - 30 or more. It helps to understand human nature, and an IMPORTANT, but little known reality called REVERSE GEOMETRIC GROWTH.
Despite the fact it rarely works in reality like it's illustrated on paper, the principle of GEOMETRIC GROWTH is still one of the THREE PILLARS TO SUCCESS with the RIGHT Network Marketing Business Opportunity. With the RIGHT business and these POWERFUL PRINCIPLES, even average people who are willing to work and to learn can achieve their dreams. And above average people may exceed their greatest expectations.
If you can UNDERSTAND and BELIEVE IN those three principles, and find the RIGHT company, you will succeed in Network Marketing. If you're willing to TEACH these THREE principles to a few others, the results might just amaze you!
The beauty of Network Marketing is that you can get started with very little investment of time or money, and no major changes in your present lifestyle. Eventually, passive residual income can give you the FREEDOM to live the lifestyle YOU CHOOSE, and pursue and enjoy your dreams - whatever they are!
I read somewhere that, "according to IRS statistics, in 1984 20% of NEW millionaires came from Network Marketing. By 1994 it was 50%. It's predicted that by 2004, 70 - 80% of NEW millionaires will come from the booming Network Marketing industry." I don't really believe those statistics. But no matter what the percentages are, certainly many new millionaires are created every year in the Network Marketing industry.
Many positive CHANGES have been made in the industry, and several simultaneous MEGA-TRENDS help make this the best time ever to get involved! The time to start is NOW! But it's important to pick the RIGHT company and industry!
IF YOU UNDERSTAND:
1) The IMPORTANCE of 'CONSUMABLE PRODUCTS' ... 2) The REASONS for the popularity of the Nutritional Supplement Industry... and 3) The importance of high quality, high demand, value-priced, products.
YOU'RE MUCH MORE LIKELY TO HAVE ABOVE AVERAGE SUCCESS!
Successful Network Marketing offers many benefits: Passive Residual Income - No Boss - No Commute - Income Tax Reduction - More TIME for kids, family, hobbies, or whatever is important to you - Above Average Income - and much more.
If I had to sum it up in one word it would be FREEDOM! - Freedom to work as much or as little as you want, to come and go as you please, and to spend more time doing whatever is important to you. Once you experience this FREEDOM, you'll wonder how you ever lived any other way!
There's no free lunch though. It's like riding a bike. If I asked, "Would you rather ride a bike uphill or downhill?" most normal people would say, "down." But in order to coast down the hill, you first have to ride your bike up. Once you start, you may find yourself enjoying the exercise and additional benefits of improving your strength, endurance, and health. The same is true in this business. You have to 'climb the hill' (learn the business) before you can 'coast'. Many people learn to enjoy the process of becoming better people, helping others, and improving much more than just the financial part of their lives.
There are many routes to the top of the hill. Some people choose to take a gradual incline and may take a little longer to get there. Others prefer the direct route, and choose to pedal directly up the steepest side. The beauty is, the choice is yours. We can show you the routes, and you decide what's best for you. We'll be there to encourage and guide you every inch of the way.
Best wishes for True Success and a HAPPY, HEALTHY, PRODUCTIVE LIFE!
"TRUE SUCCESS" IN THIS WORLD IS NOT DETERMINED BY HOW MUCH MONEY YOU MAKE, OR BY HOW MANY POSSESSIONS YOU HAVE, BUT BY THE POSITIVE IMPACT YOU HAVE ON OTHER PEOPLE AS YOU WORK TOWARD YOUR GOALS AND DREAMS IN LIFE !
If I can be of any help, feel free to visit directly my web page www.smartbusinessprofits.net .

Go beyond your limit

Debasish Dutta

Why Traditional Corporates are against Direct selling / Networking Industry

2009-03-16T11:55:00.000-07:00

Traditional major corporations like Wal-Mart, Proctor and Gamble, and Johnson and Johnson are getting worried. They are finding that the hundreds of millions of dollars they are spending on advertising each year are not generating the returns that they once did.
The introduction of the DVR (which allows people to skip commercials) has dramatically reduced the impact of their advertising dollars. As people turn to non-traditional information channels like the internet, corporations are scrambling to catch up. Consumers, more informed than ever, are calling out the corporations for anti-consumer practices such as irresponsible products, price gouging, and monopolizing the marketplace.
Recently, some corporations have felt such pressure they have resorted to hiring Hollywood agents to connect them with stars and movies. This kind of desperation illustrates the panic companies are feeling while trying to keep up in the digital age
"Word-of-Mouth"
The power of word-of-mouth has always been the best form of advertising, but recently it has begun to overtake traditional advertising. Skeptical of the intentions of the major corporations, people are increasingly more likely to trust their friends and family for product recommendations than listen to traditional media.
Highly respected companies such as AT&T, Direct TV, Gap, Amazon.com, Google, Apple Computer, Macy's, Nordstrom, Travelocity, and tons more have started to recognize this trend and implemented a plan to reward their own consumers for recommending their products. One example is affiliate Marketing / Private franchisee programs.
How many times have you recommended a great restaurant or movie to someone? How many times have you told someone where you bought a great pair of jeans? Think about how much advertising you have done for other companies. Have they ever rewarded you for the referral? Besides a token gift like a coupon, have you ever been fairly compensated?
As more and more companies are realizing the power of word-of-mouth advertising, it's clear that the future of marketing will be centered around networking and rewarding the consumer. Is this a new concept?
The network marketing / direct selling industry has been operating on this idea for over last fifty years. The principle behind the industry is to give the average consumer a chance to get ahead by sharing in the revenue of the company for marketing its products. Although this principle has always been noble, its execution has been clumsy at best until recently.
What is Network Marketing?
Network marketing is a business model that replaces large marketing budgets with a compensation plan for entrepreneurial consumers who choose to assume the advertising role. By avoiding traditional complicated distribution chains, the company can ship directly to the consumer. Without an advertising budget, the company relies on its own customers to spread the word and increase the customer base. The money that is saved without advertising or distribution chains is redirected to the consumer in the form of commissions and bonuses.
This industry evokes a lot of emotion in people. Its reputation has been described by scams and bad business models. Many people have written off the entire industry. I was one of those people until I noticed that many of the popular wealth gurus were speaking favorably of it. Was there something that I was missing?
Robert Kiyosaki, the author of "Rich Dad Poor Dad," suggested that network marketing might be "the perfect business" in a CD interview. Robert Allen calls it "the ultimate money making machine" in his book, "Multiple Streams of Income." These guys carried enough weight to catch my ear.
"Wave Three"
After some investigation I realized that network marketing was making a huge comeback. Richard Poe, in his book, "Wave Three: The New Era in Network Marketing," describes new, more evolved companies without the hang-ups of the ones that gave the industry a bad name.
"Wave three" companies are making good on the original promise of the industry: to give the average consumer a chance to get ahead. While no business is a utopia, there are several good reasons to consider adding network marketing OR Direct selling to your streams of income.
1) Low Initial Investment
Most business models cost thousands of dollars to start. Even a franchise like Subway costs at least $100,000. It is almost shocking how inexpensive it is to start a network marketing business. The good companies cost less than $500 to start, but it gets better than that!
If you can find a company with products you are buying anyway and just switch your purchases, you can start a business virtually for free. This eliminates all the risk associated with business. If you are not spending more money than you were before you started the business, then the first dollar you make is profit. Now that's a nice business model.
2) No Inventory
"Wave three" companies have disposed of the broken model requiring marketers to inventory products. This eliminates the risk involved with not being able to get rid of inventory, and the hassle of continually bugging people to buy it.
In the new model, the company ships the products directly to the customer's door. This frees the marketer from buying more products than they need. Most people don't like to sell things. "Wave three" marketers don't sell anything, they just refer.
3) Creative Redistribution of Wealth
Think of the amount of money that accumulates at the top of traditional marketing models. Stockholders and corporate executives make a ridiculous amount of money from the purchases we make every day. While I believe in free enterprise, I have always wished for an enterprise that would offer a level playing ground for everyone. Network marketing might be the answer.
Whenever you purchase a product from a network marketing company, a portion of your product cost (sometimes as much as half) goes back to several other hard working customers just like you. I feel much better about helping out fellow customers than mindlessly giving my money to enormous corporations.
4) Passive Income
Since the sales and inventory has been taken out of network marketing, a passive income component has emerged. After you do the work of referring someone, you get a commission on their purchases for as long as they remain a customer. I like the idea of getting paid over and over for work done once, but it gets even better:
5) The Power of Leverage
Most companies will not only compensate you for your own referrals, but the referrals of your referrals, for several generations. This means that it is possible to get paid on referrals that you have never even met. This also means that your earnings are virtually unlimited. There are some people who are making millions of dollars a year in network marketing businesses.

6) You Don't Have to Bug your Friends
The part of network marketing that turns most people off is bugging their friends and family. Even if you have the greatest company in the world, some people will not want to listen to you. The products could be free and cure cancer, but for some reason these people will still remain skeptical.
I have a hard time understanding why people will blindly trust an enormous corporation with their health and checkbook, but at the same time ignore their own friends and family. Although this is changing, it still happens every day. Maybe it's leftover skepticism from the scams and bad business models of the past. May be people don't like to see their peers making money off of them.
Either way, until network marketing emerges as the premier marketing model there is one saving grace: the internet. The internet allows network marketers to connect with people who are actually looking to start a business from home. Equipped with an informative website and auto responders, it is possible to have people asking you to join your company instead of the other way around.
How to Pick a Network Marketing Company?
I think it's smart to diversify your streams of income, so that if one stream goes down, the others can make up for it. If this article has sparked your interest, you might consider adding network marketing as one of your income streams.
Remember that successful people think outside the box. It's a good time to explore this possibility while the industry is gaining momentum but has not yet saturated the market.
If you are trying to pay off debt, but your job doesn't pay you enough; you might consider keeping your job, but adding network marketing to your nights and weekends. You could then use the extra income you make to pay off your debt. If you are trying to get into real estate investing, maybe you could use your network marketing income to save up for down payments.
Be a leader . Be someone who is ahead of the curve even in the face of resistance. Don't wait until the trend has passed and the potential market has dried up.

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Before you choose, remember that even though the industry has evolved, there are still a lot of bad models and scams out there. Make sure the company you choose fits these criteria:
1) Reasonably Priced Products :
One of the major differences between the good and bad models is the price point of the products. If you have to pay more for the products than you would at your local store, then the model is fundamentally flawed.
To compensate for your overpriced products, you will have to recruit others to buy overpriced products to help you pay for them before you can make a profit. If the products were reasonably priced, it wouldn't matter if you were recruiting or not.
This takes the pressure off of everyone and makes it much more attractive to potential customers. It allows you to dabble in the company to test the products without committing to the business.
2) Free or Inexpensive Training:
Another sign of a bad model is overpriced training. In the earlier companies, selling training was one of the major sources of income for marketers. If a company has to overcharge for training then they must be compensating for poor quality products. Look for a product centered company with free or inexpensive training.
3) Wide Market Appeal:
Some companies focus on very narrow product categories like nutritional supplements or cosmetics. The problem with choosing these companies is that your potential market will be limited to consumers interested in those products.
While the company might argue that everyone in the world should be on their supplements, reality says that supplements are luxury items for most. Look for a company with a wide variety of products so that your market is as large as possible.
4) Low Monthly Minimum :
Most network marketing companies require you to make a purchase every month to remain a member. While this seems like a catch at first, it is actually a good thing. Consistent product orders are how you create steady, reliable, passive income.
Just make sure that your monthly requirement is low enough that you don't have to buy anything you don't want. This is also another reason to join a company with a wide range of products. The more products they offer, the less chance you will have to overload yourself on one particular item.
I would suggest looking for a company who's minimum order is less than $100 a month. Most people spend several hundred dollars a month on the types of things that network marketing companies offer, but this will make certain you can meet your requirement without going into debt.
5) Fair Compensation Plan :
A good compensation plan will have a nice balance between passive income and production income. While it doesn't seem fair to make someone else rich while they do nothing just because they recruited you, it also isn't fair to potentially loose a recruit because they out-perform you. Look for a plan that balances these issues.
6) High Retention :
It is important to find a company that has a high rate of customer retention. This will save you from having to continually recruit to maintain your status quo. While some attrition is inevitable, try to find the best rate you can find.

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What to Expect ?
It's a Business
The opportunity that network marketing provides is exciting, but it is important to understand that it is a business, and running a business isn't always easy. If it were, then everyone would be a business owner.
Just like in conventional business, a small percentage of network marketers make most of the money. This makes it even more important to find a company with reasonably priced products. You want to make sure your downside is protected.
Marketing
The thing that separates entrepreneurs from the rest of the world is that they are willing to do the things that other people aren't. One of those things is marketing. The reason most people are not successful in network marketing is that they don't want to market.
They either don't have the courage to ask someone else to take a look, or they don't want to expend the resources needed to market in other channels. Business owners have to either market or pay someone to market. The only place to avoid it is a job working for someone else.
Skepticism
The biggest resistance that you will face in this business is skepticism. Until this paradigm shifts, it will be an issue. People tend to make a bigger deal of network marketing than it is. For "third wave" companies, the business is really as simple as referring people to a product that you like. If there were no stigmas attached to this industry, the profit potential would be amazing. I think that it would give everyone a chance to make a decent living.
Until then, it is important to know that it's a numbers game. Only a percentage of the people you call will answer, only a percentage that answer will listen, only a percentage that listen will be interested, and only a percentage that are interested will sign up. If you can learn what these ratios are, you will know exactly how what you have to do to be successful. You will know how many calls you need to make a month to reach your goal.
Where to Look ?
Almost every ad that you see on the internet for a "home based business" is a network marketing company. The advertising is simply everywhere. Remember those ads stapled to phone poles on street corners that say "Make Money From Home?" You guessed it: network marketing. If you shop around a few of these ads, it shouldn't be hard to find something.
Exponential Growth
Your network marketing business will behave very much like any other investment. The greatest energy will be spent at the beginning. This means that you may not see much in terms of results right off the bat. It will take persistence and delayed gratification to make it through the slow times. Once you have overcome the initial gravity of the learning curve and creating a base to work from, things will start to move much faster. Because of this, I recommend that you don't rely on your network marketing income at first, at least until you have built it up.
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The Future
While network marketing is not for everyone, I do believe that it will be the advertising model of choice in the future. The fact that so many highly respected companies are already borrowing from network marketing tells me that we aren't far away from acceptance.
I wouldn't be surprised if major corporations start to see losses of market share to these kinds of companies. It might already be happening. It would be hard to know because the news is sponsored by big companies. Since network marketing companies don't advertise, it is much harder to know what is going on in the industry.
If you decide to look for a company, make sure you follow my suggestions closely for how to choose a good one. The wrong business model will spoil your view forever of this industry. Make sure that you join a company that has eliminated all possible downsides to the business.

http://debomita.htmlcss.hop.clickbank.net/

Be a Big Entrepreneur

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Working Principle of Direct selling Business

2009-03-13T12:48:00.000-07:00

Today there are millions of people around the world building this unseen industry called network marketing.
The DSA reports that there are over 30 million people across the world involved in direct selling.
You do not see them but they are everywhere, some probably right in your own neighborhood. It is a business in which common people can invest a small sum of money, and rise to staggering levels of financial reward and personal freedom.
Each day millions of people report to work, where your employer leverages your time to build his or her business and financial future. In Network Marketing, we help and assist others in building their business. We are also leveraging their time, while each of us is gathering customers along the way.
Hence, the name Network.
We are paid for this because we are assisting, coaching, and helping others to establish their business. We help them to reach their goals for their financial future. So, it’s only right that we also get paid for our time?
Just like your employer leverages your time, through network marketing, you can leverage the time of others. What does this mean?
Let’s take a look at a typical employer in a service industry with 100 or more employees that has a labor rate of 60 dollars per hour. The goal of our employer is to keep each employee active and busy for each hour paid.
Out of this, once all the costs of doing business are factored, such as wages, health insurance, unemployment insurance, federal taxes, state taxes, permits, maintenance, housekeeping, the list just goes on and on, the employer may get to keep 5 to 10 dollars per hour of that labor rate.
In Network Marketing, we have our initial start up costs, which are anywhere from just a few dollars to several hundred dollars. Where most Network Marketers fail is that they feel that they don't need a marketing budget for advertising and they don't seek out the education required to succeed.
One of the important most things to remember is, you are in a real business. You no longer have a boss holding you accountable. Your success or failure is dependent upon you and your actions.
Your primary task will be to gather customers for your products or services, to help and assist others to get started in their own business while being partnered with you. You are looking at a business model that will take 3 to 5 years to produce the kind of results you’re looking for.
So, don’t give up your day job just yet. It will require 10 to 20 hours of consistent time and effort each week to build a successful Network Marketing Business. It will require a marketing budget, most people do not even consider this. Once again, this is a real business! This is your business! It is not a get rich quick overnight program, although, it has been hyped by a great many naive Marketers and web sites.
Network Marketing is based on word of mouth advertising, which is the most effective form of advertising. Think about it. When you go out, watch a great movie, you will tell other people about it. When Sam’s Club or Costco moved to your area, you joined their buying club and started telling everyone how much you saved. This is the power of word of mouth advertising.
Major advertising agencies and companies count on this. This is one of the key things that we do as Network Marketers. The major difference is that we are paid for our word of mouth advertising.
One of the most often asked questions is, will I have to sell products and services? The answer is yes, of course. Think about it, no one likes to have a salesperson come to the door and sell them products, right? We hate to go to the automobile dealers, where we are swarmed with 5 different sales people all trying to get you to buy from them right! How are we, as a Network Marketer, different? We recommend products or services that we like and personally use. If we know it’s good, and personally use it, we recommend it to our friends and family is very easy.

Be a Business Owner

Debasish Dutta

www.smartbusinessprofits.net/pips.html

NETWORK MARKETING & DIRECT SELLING

2009-03-13T12:26:00.000-07:00

Network Marketing is a relationship-based business; it is about people helping people to build a business or focusing on your customers for your products and services. Network Marketing really is an unseen business and it is all about sales. It is a business vehicle in which anyone can invest a small amount of money, and through sheer tenacity and determination, achieve staggering levels of financial reward and personal freedom.
But, for it to work successfully, it requires you to become educated on the principles and practices of the industry, and use a proven business marketing system.

Network Marketing is Direct Selling
Network Marketing does not have giant signs or large offices, yet according to the Direct Selling Association (DSA) over 30 million people across the world are working in the Network Marketing/Direct Selling Industry.
The Network Marketing/MLM Industry has a very shady reputation. Many of the people you will talk to feel it is a scam. Are they justified in this opinion? In many ways they are justified, but you can make a difference with the way you market your business.
In the 1950's when Franchise’s first emerged, they where labeled a scam, illegal etc. Fortunately, a franchise is not labeled as such anymore or quite possibly you would not be enjoying your favorite hamburger today if that concept hadn't changed. Have a look at the two different, yet similar, business types that you could be involved in or approached with to earn Residual Income.

Network Marketing / Multi-Level Marketing (MLM)
Network Marketing/MLM Businesses usually offer consumable, reasonably priced products and services that people use in a short time. Generally the commission structure is less up-front then the direct sales companies, but it has a benefit that most direct sales companies do not have and that is Residual Income.
- It costs much less to get involved with this form of business, a few hundred dollars or less.

- Allows more people to become involved.

- Builds Residual Income.

- Leverages the time of others.
Network marketing is all about sales and distribution, but a different kind of sales. It’s more of a soft sale or recommendation then the hard closing type that you’re accustomed to with the typical salesman or saleswoman in the direct sales. The best approach by far in Network Marketing is a consultative sales approach. This is used very successfully today and makes customers feel at ease.

Direct Sales / Affiliate Companies
These companies are known as seller-based, they market higher priced, usually one time sales items. The benefits of these programs are you make higher commissions but they have very little if any residual income. Essentially, if you stop working, so does your income. You are paid directly on what you personally sell, so you have to sell lots and lots of merchandise. This also limits you to the type of people you can bring into your business as the “salesperson” type.
Direct sales cost more to get involved with usually in the thousands of dollar range, again limiting you on the number of people that have or are willing to invest in a new venture!
If you are looking to get started in a Network Marketing Company, educate yourself and choose a responsible sponsor, before you take any action. Since this is a relationship based business, you need to feel comfortable with the person you choose to coach and mentor you.
It is vitally important to understand the different aspects of a Network Marketing company, compensation plans, training, products, services, before you actually pick a company that is right for you.
When you first get start looking at a network marketing business, you really need to have the mindset that you are starting your own Business. You need to tap into training from day one. There is so much you will have to learn that at times, you may feel completely overwhelmed.
If you stop to think of it as a giant puzzle with so many pieces that have to fit together properly, you will be on the road to success. Through out our life, business systems have taught each of us to be a good employee.
College systems teach us to be a good manager.
We have never really been taught how to successfully run our own business.
What you really need to do at this point, is unlearn everything that we’ve been taught. The typical employee mindset is to do as little work as possible, but to get richly compensated.
As a small business owner, if you’re not willing to go the extra mile in both time and money, then it is time you start thinking about doing something else in life.
Not everyone is cut out to own and run a small business, let alone a Network Marketing/MLM Venture.
Network Marketing, should be about gathering customers and business partners. Yet, most of the companies today only teach you to recruit and get everyone on the product.
You can build a very successful business with only a handful of representatives in your organization if they are taught to gather customers and other Opportunity Seekers who show a genuine interest in building a business.

Be a winner

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Three Qualities of Business Networker

2009-02-26T11:09:00.000-08:00

Network marketing is a business and an art. With network marketing, you can make money without ever making a product and with tools you already have within yourself and your own arsenal of strengths. You can make money while you sleep, you can make money when other people make money, and you can enjoy this money with the free time you will experience in the network marketing business. This may sound too good to be true, and you may feel like you could never be successful in this industry. You are wrong. Anyone can be successful in the network marketing industry as long as they have three simple qualities: you must like people, must be persistent, and must enjoy your freedom and way of life.
Liking people is the number one trait among successful network marketers. When you meet a stranger, do you see a stranger or a potential friend and client? Do you view your first encounter as worrisome and nerve wracking, or as an opportunity to learn something new and to make a new relationship? If you like people, you will love network marketing because people are at the heart of this business. You will meet new people, get to know people you have already met, and work along side some of the most talented and driven individuals in the world. You will enjoy your job because your job will be people.
The second most important quality found in network marketing is persistence. Some days will not feel fun, and some days will flat out feel frustrating. Sometimes the sale will not be smooth, and people may let you down. A successful network marketer takes the good with the bad and persists until success is achieved. This persistence is necessary in any business, because nothing is ever completely easy. The ability to learn from mistakes and rise above a challenge will set apart the average business person from the successful and happy. This quality will carry your business through the bad days and make the good days even sweeter. The third quality essential to network marketing is that you love your freedom and independence. When you decide network marketing is for you, you are deciding you would like to be your own boss. You get to pick your own hours and set your own schedule. You get to decide what you want to do and when you want to do it. This freedom means you can pursue interest and hobbies you have been neglecting. You can go on vacations and spend time with the people you love. If you value these characteristics of the network marketing lifestyle, you will enjoy the life and work harder. These essential qualities for success are not difficult to achieve and hone, but they will make your experience in the business much more effective and pleasant.

Best Regards

Debasish Dutta

www.smartbusinessprofits.net/pips.html

Welcome to my Blog !!

2009-02-19T08:18:00.000-08:00

I have just launched my new blog! Stay tuned.

Best Regards

Debasish Dutta
http://www.smartbusinessprofits.net