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[Donald Callender Contribution Level: 1]

One way to beat the price objection is to give you prospects testimonials of customers that have been taking your product and is continuing to take them month after month. Also see if you company has case studies of how your product is helping people to remain healthier longer.

[Colin Durkin Company: Global Wealth Trade Corporation Contribution Level: 3]

To be a leader you must be willing to lead.

A worthwhile product is only as good as the person that stands before it. Its not the company or the compensation plan either that makes or breaks it in the MLM industry.
Its the person that speaks from experience and leads by example.

Re-ignite your leadership and seek out Magnetic sponsoring. Its what sets us apart.

Always a Leader Shirls

http://Shirley666.blackbeltrecruiting.com/letter.html

Can you explain how? I simply don't get that

I completely disagree with you Shirley, for a number of reasons. Don't take this the wrong way but if you are a leader but still have a rubbish product or compensation plan, nobody else in your organization can make any money. The problem I have with most MLM's is that you need a large organization to make any RESIDUAL money. Yes there are lots of fast start bonuses with Health opportunities that can make you lots of money, but those are one time sales. Retention rates are terrible, around 20% and that is a direct result of people not being able to repeat your success as a leader. People who are new still need to learn and sometimes that learning curve can be very expensive. And if your product is no good people aren't going to continue to use it so they quit. If all you need to be is a leader no matter what the company then you are focusing on the business opportunity. And selling a crap product is not good business. There is no magic bullet solution. The opportunity has to have an exceptional product to differentiate themselves from the other opportunities. It has to have a good compensation plan to keep people working, because if they don't make any money then there is no incentive to build an organization. Then on top of that being a leader is key, so you can help others and build a large team. Remember that on average networkers recruit 2.3 people into their organizations. Put your comp plan to the test and see how much money people can make if you use the law of averages. Some plans come up pretty thin, then you have to rely on product to keep those people around. Leadership is good for getting people to join you for sure, but no amount of leadership will keep someone paying for something that is useless to them and doesn't make them money. If you marry an exceptional product with a good compensation plan without too many qualifications and a good leader there is your recipe for success.

[Dennis Bradford Contribution Level: 2]

There are so many different companies out there with health and nutritional items it can be hard to figure out which one is the best and maybe there is not a best. The fact that everyone needs them and some people are just starting to figure this out makes it where there will be even more of them soon. There are so many good products out there right now that can do so much good.

There are products that help with most of the diseases that people are dealing with but their doctor will not tell them about or does not know about them. The drug companies do not want you to know about them. This would cost them money.

The thing is that there are a lot of good companies selling some great products and even though you think that you can get a better price that does not make it the same product.

There are some products that my company sells that even though there are products in stores that are similar most of them you would actually be paying more by using them because of the difference in the way they were made.
There are new products coming out all of the time. Many of these things are needed right now and some of them you will never see in stores.

[Mark Fuller Contribution Level: 3]

I completely disagree with you Shirley, for a number of reasons. Don't take this the wrong way but if you are a leader but still have a rubbish product or compensation plan, nobody else in your organization can make any money. The problem I have with most MLM's is that you need a large organization to make any RESIDUAL money.

I agree for the most part. Thanks for responding.

And if your product is no good people aren't going to continue to use it so they quit. If all you need to be is a leader no matter what the company then you are focusing on the business opportunity. And selling a crap product is not good business. There is no magic bullet solution. The opportunity has to have an exceptional product to differentiate themselves from the other opportunities. It has to have a good compensation plan to keep people working, because if they don't make any money then there is no incentive to build an organization.

I absolutely agree. Great leadership is important in presenting a worthy opportunity and building an organization.

If you marry an exceptional product with a good compensation plan without too many qualifications and a good leader there is your recipe for success.

This sums it up perfectly. MLM success is usually a recipe.

[Ethan Lanagan Company: ViSalus Sciences Contribution Level: 2]

The Nutritional MLMs that are having problems are the ones that push a consumption business model.

Consumption doesn't work in this economy. People need to push through and build the business. Companies in the Nutritional Arena that are building based that alone are gonna be in trouble.

I would highly recommend making the investment and getting samples out there if you want to lead with the product. But don't just give it away. You have to do it the right way and get commitments from there before you just give it out.

Use the Law or Reciprocity to your advantage my friend. Message me directly if you want to talk further about how I use this to grow my business in this down economy with a Nutritional based company.

Ethan Lanagan

[benny bells Contribution Level: 1]

I have to agree with Ethan. Consumption right now is something that is not effective in this economy.

[Michael O'Brien Company: Numis Network Contribution Level: 1]

I am involved in the Wellness/Nutritional business arena and I have found success through personal testimonials. If you are a product of your product and people can see how it has transformed your life - they will get excited about the product and the business opportunity.

I have had a huge transformation using the products on my business and it is a great selling point. I can point to an old picture of me and compare it to how I look today and it is obvious that the products work. This excitement helps give me and my downline confidence in going out and sharing our stories with others and getting them excited both about the retain products and the business.

As long as you believe in your product/services - that will hopefully translate into success and people will follow you.

[Paul Sorgi Company: Vitamark International Contribution Level: 2]

Here are some of the issues with presenting many wellness products as a business opportunity (Note: This is based on my experience of being introduced to these products/services). I have had hundreds of people show me their nutritional wellness products and these issues continue to arise:

1. This MLM/DM product has many competitors in the retail market and the price of DM/MLM product/service is significantly higher than in retail.
2. Distributor fails to distinguish themselves from their competitors.
3. Distributor fails to offer FREE samples to proof how effective they are and how they rate against similar products in the retail market.

I wonder if anyone else has experienced these same issues.

I am assuming you have looked at hundreds of companies because you are researching joining a company with nutrition products.

You are right many nutritional companies are way over priced but there are some that are reasonably priced and of high quality.

On your second point Distributors struggle with distguishing themselves because they don't learn the skills necessary to be successful in Network Marketing.

Third, many distributors do not understand that by gifting you a pack of vitamins you may become a customer or even a distributor. I always teach my team to think about what a future customer/ distributor worth. So laying out $15 to $50 in gifted product to a qualified prospect is a very good idea because a good business builder or customer is worth $1000's.

I hope this helps,

Paul

[Donna Catron Contribution Level: 1]

Consumers are beginning to become aware todays food is not as healthy/nutritious as it once was for various reasons. Most of today's health/illness issues are based on poor nutrition. Just like anything else, people have to be educated as to the benefits of nutrition supplements. If possible, the use of third party material is a big plus for you. And you do not have to be an expert yourself. I think people today are more open to nutritional supplements than ever before.

Donna Catron

[Steve Long Contribution Level: 1]

Yes, there is a lot of nutritional products and companies out there. There are some people who struggle because they come off as a vitamin salesman. Who wants to duplicate that? Most times it really becomes about what do you ad as value to your recruits. Why should they partner with you, and what separates your product from a bunch of me too's. If you can't offer any distinct advantage on either front then your dead in the water.

There are many juice, berry, supplements that all have claims that they are the next thing to you finding the fountain of youth. But your prospect has probably heard that many times before. One suggestion is to find a category maker product rather than a me too.

Once you find a category maker product you must have some significant marketing behind it. Remember it's only a great product if you can move the product.

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