Internet network marketing appeals to a lot of network marketers because it offers the chance for the marketers to make great living from collecting passive income that are residual in nature. That is probably the reason why so many of the network marketers are pushing themselves very hard so that they can live a dream lifestyle. There are plenty of different approaches to making a great living online as a network marketers but I’m going to talk about 5 proven ways and how you can benefit from them.
1. MLM Blogging
One of the most common method a lot of network marketers follow are setting up a blog and blogging about industry news, products and doing a lot of reviews. It’s a great tool to generate a lot business, but an excellent way to put all your best thoughts in one place. Did I mention that blogs are loved and indexed by Google more often than any other sites? Best of all, it is widely available and it cost really virtually nothing or free. In the shortest amount of time, you can establish yourself as the niche authority, lending you that much-needed credibility you need in the marketplace. You have the potential to promote affiliate products and make upfront commissions which can mean good amount of pocket change for you. However, blogs take a lot of time to research and write about and if you don’t keep up you can lose your readers. You are probably going to spend inordinate amounts of time also trying to SEO optimize and get your blog ranked in the search engine
2. Product Creation
If You want to be a guru and let your affiliates brand your and perpetually promote you, then creating your own product is the way to go. Products are amazing because it brings in leads and sales on autopilot. You can create products on different tier levels and up sell them and pocket a hefty sum for yourself. The only overhead in product creation is your time, so you only need to do the work once and get paid over and over! This is truly a revolutionary way to succeed without doing any SEO or marketing efforts that cost you time and money.
3. Training or Membership sites.
If you have a wide range of products, you can bundle them all up in a membership site that collects membership fees. Say $97 a month that teaches your members how to do internet network marketing. If you have 100 members paying you $97 in monthly income, that is $9700 a month income. If you can scale your membership site up through site and affiliate promotions, you can easily go to 100k in monthly income, and this is a common practice in the industry!
4. Coaching Programs
Many network marketers are looking for guidance and do seek out mentors to help them. You can hash up what your expertise in marketing and create a coaching membership site that has a monthly fee. One marketer I know added $80,000 to her annual income by just providing her coaching services to her members!
5. Sales Funnels
Sales funnels of funded proposals are little different from membership sites in that they do not charge for the content. Instead, most of the cash is made through by sales of affiliate products that can help people to build their network marketing business. If you can drive a lot of traffic to your funnel, it can provide you with fresh leads, affiliate sales and best of all windfall of cash!
There are numerous options, but I suggest that you stick with one and see through it until you succeed. Move on to other strategies only when you feel comfortable that you have adequately mastered one. My suggestion to you is that you start out with a funded proposal because it is the easiest concept to grasp and move on to the others.
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