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THE 5 SECRETS OF NETWORK MARKETING

NETWORK MARKETING

As you know, at Viseeon we defend a business model that advocates mutual aid, collaboration and collective development.mutual aid, collaboration and collective development.

Network marketing is a complex and controversial business model. That's why it's important to go back to the basics and explain what MLM can do for everyone. Obviously, this requires strict ethics and respect for the regulations proposed by the companies involved.

Today, we share our little secrets with you. Here are 5 keys to successful network marketing.

Focus on 1 product/service 

Focus on a niche product or service. Rather than competing with established companies in popular industries, limit competition by choosing a unique service. Also consider riding the trends by focusing on your target market.

Put training at the heart of the relationship 

Focus on training and community. Don't just focus on selling. It's essential to stay on top of trends, technologies and innovations. That's what will set you apart. And since sharing is the key to MLM, spread your knowledge. Opt for a positive pedagogy with your network. Offer training and resources to help your members succeed and encourage them to build relationships with customers.

Technology for your success 

Use technology to your advantage. Leverage technology to streamline your MLM processes and make it easier for your distributors to manage their business. Consider creating a mobile app that allows distributors to place orders, track their commissions and communicate with customers. Consider automating tasks to save time and optimize your business development.

Focus on influencer marketing 

Influencer marketing is a technique of communication through an influencer. This is the example of big celebrities doing ads for brands. But on a more accessible scale, you can use influencers from the Internet world or local personalities.

Influencer marketing can be a powerful tool for MLM companies. Partner with influencers in your industry who have strong positioning and can help spread the word about your products or services.

Compensation to convince 

Offer a generous compensation plan. Network marketing can be a controversial business model, but one way to make it more attractive is to offer a generous compensation plan that rewards members for their work. The more efficient and productive they are, the more they will be rewarded. Consider offering rewards for achieving certain goals and offer ongoing incentives to keep members motivated.

Remember that all network marketing should focus on ethical and transparent business practices. Be honest about compensation plans, avoid making unrealistic income promises and ensure that your members are properly trained and supported.

At Viseeon, we consider MLM as a marketing of people above all. The strength of the collective and mutual aid at the service of customers.

So, convinced?

For know moredo not hesitate to read about our positioning.

 

Viseeon France - Network of Chartered Accountants

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