There's
an ongoing debate in the network marketing industry about what is best to lead
with…your products or your opportunity? And like all controversial issues
there are points to be made for both sides. It's easiest to just ride the fence
and say, "There are pro's and con's to everything, and a lot depends on the
products or opportunity you are promoting."
While that
statement is true, I'm going to step out on a limb here and favor one side of
the discussion. I realize I'll be unpopular with some who disagree with me. But
before you start calling me names try to open your mind to a few facts I'll outline
below. Too often we humans make choices based on emotions, then try to find "facts"
to justify our decisions. Once we've convinced ourselves we're right, we tend
to be less open-minded about that topic.
Before we get into
this discussion, lets make a couple assumptions right up front. We'll assume your
products are:
- High Quality
- Effective - have noticeable results fairly quickly
- Priced reasonably
If
you don't meet those standards, the debate doesn't matter. You will not have LONG
TERM success no matter how you choose to do your business. Many get-rich-quick
deals with questionable or over-priced products have short-term explosive growth,
and create short-term profits for the con artists and crooks who start them. But
they ALWAYS crash just as quickly as they grew. And most of those "deals"
focus on the "opportunity" almost exclusively.
Out
of 100 people picked at random, what percentage do you think are potential customers
and what percentage are potential business partners? If you answered that a much
higher percentage are potential customers, you're right on target. Reality and
experience tell us that while 80% to 90% of the population may be a potential
customer, much less than 10% are potential business associates. So customers (product
users) are a much larger potential market.
And that's partly
why contacting your friends and family about the "latest and greatest get-rich-quick
business deal" you just got into is a BIG MISTAKE. Many people who might
be interested in good products have no interest in an "opportunity,"
no matter how hard we entrepreneurs wish it were so. Trying to convince the wrong
people is NOT the right way to do this business. That's the first mistake that
drives most new networkers out of business. After getting shouted "NO!"
to enough times (2? - 5? - 10?), they give up. They're simply going after the
WRONG people. This business is a lot more FUN if you TARGET the RIGHT people.
That's why my TEAM teaches people NOT to approach their friends and family first.
Another
important fact to consider is what keeps ANY company in business? And what is
the company's primary purpose? It's selling products or services. No matter what
business you're in, customers buying products is what pays your bills and makes
your profits. Therefore, we should all be in the customer acquisition business
and lead with our products. Loyal customers repeatedly buying products or services
is what leads to long-term success.
Many distributors do not
focus on customers and products because they may be in the wrong company, or their
company doesn't reward them well enough for TOTAL product sales in their entire
organization. I'm NOT talking about retailing here, but that's another potential
part of the equation. Companies that pay commissions more for recruiting reps
than moving product are doomed to fail for reasons too numerous to get into here.
If you're already in business, do you earn a reasonable percentage
on the TOTAL VOLUME of sales your organization produces? Calculate that number
sometime. You may be shocked and dismayed if you're with the wrong company or
compensation plan. Ask for the "Nine Secrets to Mega-Success" free report
if you want to know a simple, straight forward, and objective way to find the
right company.
My vote in the Product vs Opportunity debate
is definitely focus on products! That's a change for me. I used to pursue "biz-opp
seekers." And if that's what you do, ask yourself a Dr. Phil question: "How's
that working for you?" (Long Term)
Product-driven companies
are the only ones that have ever had long-term success. The key is to find a company
that has GOOD products, will compensate you fairly, and pay you a reasonable percentage
on the TOTAL VOLUME your organization produces. Many companies use BREAKAGE hidden
in the compensation plan to secretly rob distributors of what they have earned.
Most compensation plans are too confusing for us "average
folks" to really understand or figure out.
And there's no doubt in my mind
that many companies do that deliberately. In many cases, if you knew in the beginning
how little you would actually get paid after you built a business, you would never
have invested your time and energy. So understanding compensation plans is important
if you want to get rewarded fairly for your efforts. But that's another article
entirely. If you have an interest, check out the "Does
Money Really Matter" free report.
Many of the newest
and best compensation plans no longer "force" distributors to buy unreasonable
amounts of products. Customer purchases alone can qualify you for a paycheck.
And if you approach people with a sincere attitude of "How can I help you?"
vs "Get in my deal" you'll have a lot more FUN and SUCCESS!
Best
wishes for awesome personal success in any business you choose.
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