MLM Network Marketing Training-Big Bang or Bust in MLM Marketing?
By Kim T. Gordon
Planning a hot new marketing program for 2005? Sometimes, what may at first look like a brilliant marketing move can be a big mistake. Here’s how to avoid four marketing blunders that can torpedo your best laid plans.
A Case in Point
Probably the funniest, most imaginative television commercial of the year ran during the Super Bowl. Dubbed “Running With The Squirrels,” it was a parody of the running of the bulls through the streets of Pamplona, Spain, but instead of angry bulls, hundreds of squirrels chased the runners through the ancient city. Unfortunately, the spot did little more than entertain, since most viewers were left puzzling about exactly what was being sold. While the spot cost the advertiser, EDS, about $6 million, the vast number of Super Bowl viewers who saw the commercial received an empty message — if they were unfamiliar with the advertiser and had no idea what products or services were provided, it’s unlikely they were motivated to become customers.
Will your new marketing campaign send an empty message? The litmus test is whether customers receive enough information from your ads to understand what you have to sell, how, and why they should buy it.
“What’s in it for me with your Network Marketing Business?”
Just as an obscure message can bury your chances for positive results, by making an inner-directed pitch, you run the risk of turning customers off. For example, suppose a Seattle-based investment brokerage firm creates a direct mail campaign targeting owners of small businesses statewide. In an effort to impress recipients with the company’s scope and compete with the national firms, the direct mail copy focuses on listing the range of products offered — instead of how using those products will benefit the readers in a unique way. This unwittingly sabotages an otherwise well-produced campaign in MLM. The brokerage firm has made an inner-directed pitch, focusing on what they offer instead of the benefits their target audience can expect to enjoy.
Prospects and customers always receive your materials with one question in mind — “What’s in it for me?” So carefully review your new marketing materials to be certain they put benefits front and center.
Narrow Your Focus
Focus is vital for small and home-based businesses that often take on too many targets and thereby increase their marketing risk exponentially. Imagine you own a ten-year old wholesale distribution company that sells porcelain figurines and a line of handmade hair accessories to gift shops nationwide. Your Network Marketing marketing program includes print advertising in trade publications and trade shows that reach gift shop owners, catalog mailings to customers, and direct mail to prospects followed by telephone calls from your sales staff.
To increase your mlm company’s sales, you could either begin marketing your hair accessories line to women’s clothing boutiques or expand your marketing program to your current target audience, possibly by adding product lines. Both choices involve risk, but taking on a new target audience would require additional advertising, direct mail and trade shows that could dilute your budget on useless trade show display floor decals and drain your staff (who have to go visit them), while simply adding a new product line that your current target audience is receptive to could enhance your sales without as much financial outlay or risk.
Mix It up
If you really want to ensure the success of your network marketing plans in the coming year, climb out of your old mlm marketing rut. Too many business owners get stuck using the same marketing tactic year after year as they content themselves with the small but steady status quo. Successful marketers reach prospects and customers through a variety of channels. Just about everyone in the country is familiar with America Online’s marketing program, for example, because they’ve been reached by it through multiple tactics. AOL employs television, in-store promotion and extensive direct mail plus other marketing channels to reach its prospects. So if you’ve simply been mailing a catalog four times a year, or relying purely on trade shows, for instance, make 2005 the year you break out and reach your mlm customers through additional, more innovative marketing methods. Figure out where and when your customers will be receptive to your message and actively put tactics in place to make multiple positive contacts with them year-round. That will create success in mlm and network markting.
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Kim T. Gordon’s columns and articles are read by nearly 3 million small and home-based business owners each month. She is the author of two books, including Bringing Home the Business: The 30 Truths Every Home Business Owner Must Know.
Presented by PassionFire Intl
Blessings…
doug Firebaugh / PassionFire Intl http://www.passionfire.com
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