How to Create Additional Income without MLM…
In this current economic time many people are getting laid off from their jobs or looking for ways to create additional income. As the desire to create additional income increase many will fall prey to the lies, hype, and scams that suck them into business opportunities who promise false expectations.
Many so called MLM opportunities present information that is not true in hopes of persuading you to join their company. I use the phrase "so called" because they end up not being opportunities at all, but "cash extraction" opportunities that manage to take your money based on the promise of wealth and happiness.
Most MLM or Network Opportunities are focused on getting people interested in a particular business, and committing to spend their business activities focused on building the particular business opportunity which promises in turn to deliver profits, related to their efforts.
What happens is the reverse! Let's say you decide to enter a MLM or Network Opportunity and you are told that you will be able to make serious income in a short period of time. What you are not told or skilled to see is that you must spend sizable amounts of money to acquire your distributors who are your customers. Let's assume that you have a sphere of influence that will bring you several new distributors and you have the ability to motivate them to grow their business.
What you are unable to control is the amount of money spent to acquire customers. You will have to acquire customers to be successful since the MLM Company does not sell to the end user, you have to do that. The end user could be another distributor, or a customer that wants the product but doesn't want to be a distributor. The cost to acquire a customer is anywhere from $250-$500. So you spend your money to acquire a customer, will the revenue you receive return your investment, and if so how quickly?
Getting that customer will require you to spend time that is usually not calculated in the cost of acquisition. Most people ignore the time factor and only focus on the cost, which is anywhere from $250-$500. If you were to calculate the time factor, your cost would be much higher.
Who gets the ROI [Return on Investment]? The MLM Company now has the customer that you have paid to acquire so what is their ROI? They have no cost to acquire the customer. You spent your money and in turn you received a small commission. You got paid! So the MLM Company's cost was the commission they paid you based on what the new customer paid for product, or their new rights to market the particular MLM Companies products. In other word the MLM Company has no cost to acquire the customer. Their cost was after the new customer, which you got for them, purchased product or distribution rights. You spent the money for the MLM Company.
So where do you turn to make additional income if MLM or Network Marketing is not the answer? There is a new model that has developed which is based on "buying customers and not leads". This is how it works, the company spends the money to acquire the customer then sells the customer to the Business Affiliate, which is you. They spend the cost to acquire the customer and sell them their products, and all you do is buy them form the company. Once you buy the customer you begin to receive commissions for life. The commissions are 21% of what they purchase.
Why would the company sell a customer? Just think about it! The company can sell a customer and recover some of their acquission cost, then spent to gain the customer. Now by selling an existing customer they can minimize their cost but it also has another benefit to the company. When they sell a customer to a Business Affiliate the BA now will contact and nurture the customer. Would you much rather call someone who you have a business affinity with, or call someone who is a cold lead? I think the answer is obvious.
Whey you buy a customer you now have eliminated the failure rate that surrounds the whole MLM or Network Marketing Industry. There is a huge failure rate that comes with MLM or Network Marketing which causes people to hop from one company to another in search for the Holy Grail of wealth. When you purchase a customer you now get commissions which allow you to recover your ROI in quick order.
Now, your success depends on how many customers you purchase not how many people you sell too who come into your business opportunity. By focusing on purchasing customers you now have a focus on how successful you want to be, not how much work you have to do.
Within this model you do have a downline, but your focus is now to bring people into your business to buy customers and be successful not to come in and call people to sell for the MLM Company. Your accquission cost is minimal since you are paying only a fraction of the true acquission cost. With your downline in this model you have several profit centers. One of the profit centers is the products that your customers purchase directly. The purchases are through the company you never sell anyone any product. The company spends their time marketing, you don't. The second profit center is your downline and what the customers purchase that are in the downline of the BA's below you. Wow what a model!
Even though this model may look like MLM for pay, it is not for selling customers. MLM Companies earn the title MLM because they have a multi-layered distribution channel that insulates the MLM Company from marketing, and other expenses. Any company that sells to the end user is not MLM, regardless of their pay structure. A Company that sells to the end user is not hiding from marketing expenses. The MLM pay structure is highly efficient and allows the Company the ability of rewarding many people for efforts the company achieves. Many companies that sell to the end user use MLM pay structures for rewarding many who are involved in the efforts of the company.
Added to this marvelous business model there is a team approach that sells and markets to new BA bringing them into the business to purchase customers and build income streams? This business team approach brings SEO [Search Engine Optimization] and Sales [Consultative Sales] together, spreading information throughout the internet for people to see and then request information as to how they can get into this business opportunity. Just as you are reading this article many are reading similar pieces of information that will give them enough information to get them to want to hear more.
As this model spreads more people will want a sure thing, over the false promises put out by the MLM or Network Marketing companies. If you have made it this far in this article than you should take the next step and come to an on-line live meeting at http://ItsGoodBusiness.net and learn how you can build a solid additional income stream. When you come to the site sign up in the registration form, to get your password. Once you come to the meeting and you like what you hear, you will get a call from a ItsGoodBusiness.net Consultant who will take the time to explain how this model works. Tell them you came to the meeting from this article.
Your success I important to you I am sure!
Thanks for reading
Dr. Raymond Jewell, Economic Advisor.
Dr. Raymond Jewell is the host of Financial Freedom Radio, http://financialfreedomradio.info which is a weekly show about what the financial institutions, financial planners, and many accountants will never tell you. Dr. Jewell is a champion of the Little Guy and Gal and works to direct them to success.
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Raymond Jewell PhD
610-637-4884
Skype: rbjewell
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