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Archive for November, 2008


Tuesday, November 18th 2008

Network Marketing Is A Great Way To Grow A Direct Sales Business

Direct sales offers great work at home opportunities that allow flexibility. Many people love meeting new people and booking home parties to present their goods but what happens when the bookings dry up? How much begging and pleading can you do for that one party without sounding desperate?

Learning some tips about network marketing can actually help you attract more people to book parties or order merchandise. If you get really good at it and really sell your business opportunity you will also have good luck growing your downline, or team members. Network marketing is not difficult but those with outgoing personalities will have more success.

Network marketing is simply talking, or networking, with other people in your target market and encouraging them to either buy products or become a part of the company. The great thing about creating a downline is the ability for each salesperson to build their own individual sales down line. You can be reaching hundreds of people a day in no time flat though all these different connections and earning money on each purchase.

Before you dismiss the method, let’s remember that some of the most successful businesses today are in fact network marketing based. If you have any doubt look at the sales figures for companies like Mary Kay and Avon. Both of these are poster children for network marketing in this country.

These of course are the cream of the crop; however, there is no reason why you cannot experience the same level of success with your chosen direct sales company. The key is to not re-invent the wheel; when something works why would you want to fix it? That said; let’s look at how these two companies work.

Both of them supply their representatives with sales tools. Mary Kay sells their reps an affordable product sample kit while Avon provides theirs with catalogues, and generally, the first few are free. You can use either method or a combination of both to get something in your clients’ hands that attractively highlight your product.

The next major key and perhaps the more difficult one is to find passionate people to spread the word about your product. Your compensation plan will go far in this aspect but it will not be enough. Your sales team will need a product that they can get behind; when someone believes in what they are selling they can overcome many objections, and their enthusiasm can be contagious.

Communication with your team is paramount to your success. Use these times to raise flagging spirits, come up with new marketing ideas and to build relationships. A close personal connection between team members will result in better productivity, which in turn means more sales.

Design a fair and equitable compensation plan. While this is not the main reason people will stay with you it is still an important aspect. Your team will be loyal because of things like job satisfaction, pride in the product and a feeling of unity.

Nevertheless, these feelings will quickly cool if they cannot make a decent amount of money. Hold contests and reward extraordinary effort promptly. Your down line is the lifeblood of your network marketing business.

Finally make it fun, keep your goals in front of the team at all times but do not make it drudgery. Many people will join your team on a part time basis then increase their efforts because of monetary compensation and enjoyment. Who doesn’t want to make a living and have a fun time doing it?

posted by Chris Simpson    1 Comment »




Monday, November 17th 2008

Work At Home As A Virtual Assistant

What is a Virtual Assistant?

A virtual assistant is anyone who provides assistance to a company or individual from his or her home or alternate location via the internet. Virtual assistants is a growing trend in these tough economic times, even though the cost of fuel is falling the recent economic problems have alerted companies that they need to cut costs and become more efficient.

A virtual assistant helps to control costs in many ways. The company or individual may not need more than a few hours of administrative assistance each week, therefore employing a person working from home means they are only paying for those few hours instead of a full time employee. This leads to reduction in benefits and vacation expenses as well.

The position of a virtual assistant also has many benefits for the assistant. They can work around other schedules, such as doctor’s appointments, school conferences and even furthering education while still maintaining a fair income.

Rates will depend on your area of expertise and your experience. A sample wage range is $20 – $40 per hour. Not bad considering you are working from your home with no commuting costs and in some cases you can work in your pjs.

What your duties consist of will of course depend on the area you are working in. The job you would do as a virtual assistant for an attorney will vary greatly from a corporate executive. The important thing to remember is stick to what you know. If you are not skilled in any particular area there are training programs cropping up in many diverse places.

Getting started may be as close as your current job. Have you noticed that you could do most of your duties from your home computer? Take the idea to your boss, but have a clear picture of it before you do.

Know what you can do, how long it will take you, how you will communicate with the company, compensation, and any other concerns your boss may have. Have all the answers to the questions before they are asked and you could wake up tomorrow as a virtual assistant.

Starting from scratch will be a bit tougher but it is possible. The first thing to do is take an honest evaluation of your skill set. What are you good at and what do you enjoy doing? This is commonly called a niche. Restaurants, small business, and lawyers all are niche businesses.

Now that you know what and who, you will need to market your skills. If you have prior experience in the field ask for referrals from a previous boss, which can get your foot in the door. You will want to name your business, create a webpage and begin to sell your skills. You can do this with cold call type letters, advertising, and referral programs. Anything and everything that would get your name out there in a positive light.

The going may be slow at first, but when you have built a reputation for great service, you will be in high demand. At this point, you will be able to be choosier when it comes to clients, as well as your compensation.

posted by Chris Simpson    No Comments »



5 Must Haves For A Home Office

When you decide to work from home it is an exciting time; you are finally going to be your own boss. While setting up schedules and your workload, you may want to check your office for some important items.

Upgraded Computer

Your number one tool is going to be your home computer. Computers are great tools built with all kinds of capabilities called software. As day dawns there is a new program, piece of hardware or must have gadget. Along with all of these come bugs, security issues and new viruses. For this reason, it is important to keep your equipment up to date including anti-virus software and security fixes.

As well as keeping your information and your clients’ information safe, you will also want to have the latest equipment so that you stay competitive. If your work is constantly produced with outdated equipment, your presentations and reports may fall below current standards. Or, worse yet, you’ll send a file to a client who can’t read it because the new software is not compatible with the old software.

Fast Internet Connection

The home office of today simply must be connected to the internet and the faster the better. Many companies are using software that allows for video conferencing; if you try this on dial up the meeting will be over before you are 50% buffered. Not to mention the fact that high-speed internet is just more reliable.

No more waiting an hour for a page to load and then getting booted offline, which means you have another wait while you redial your connection. To stay competitive in the marketplace you will have to have high-speed internet access.

Comfortable Chair

This piece of equipment may seem mundane when compared to internet capabilities and computers. However, you are going to spend several hours at a time in your chair working. It needs to be the most comfortable chair you can afford. Besides comfort while you work, an inappropriate chair could lead to back pain in the future. The best choice is to spend the extra money now and save the doctors bills later.

While you are looking for comfort, investigate ergonomically correct furniture and accessories. Carpal tunnel syndrome is most common among those who work at a computer for lengthy periods of time. Once carpal tunnel symptoms set in, you will suffer discomfort which will make working much more difficult.

Printer

No home office is complete without a printer and or fax machine. Though many things will be going out from your computer over the internet there will still be times when you must print and mail things such as invoices, reports, or simple thank you notes.

The best deal is to find an all-in-one machine that is your printer, fax, scanner, and copier all wrapped together. These are fairly commonplace now and quite affordable. Adding one machine to your office will also save much space rather than adding four separate machines.

Unlimited Long Distance Calling Plan

As reliable as email can be, there are many times when you will need to talk to a client on the phone. Check your local phone company for the best deals or investigate an internet service such as Skype. The only equipment you need for Skype to work is a microphone and speakers (or a headset) and you can chat with your client through your internet connection.

There you have it, the five most important pieces of equipment that all home offices need. There are, of course, other things that your particular business could require like networking capabilities if you plan to have an assistant or research tools. Consider all aspects of your business when outfitting your home office and make the investment before the need for such equipment or software arises.

posted by Chris Simpson    1 Comment »




Friday, November 14th 2008

What Is Network Marketing?

If you have been on the internet for more than a day, you have heard of network marketing. Network marketing involves one person selling the product of another person for a percentage of the sale and then signing up others to do the same thing underneath you. A common example in the real world would be Avon or Mary Kay. These are termed direct sales but they are all from the same family.

Internet Network Marketing

The great thing about network marketing on the internet is you do not have to; go door to door as in the above examples; stock the product; deal with customer service; or guarantee the product and you can sell or recruit 24/7. It is the best of both worlds: percentage based selling with very little downside.

Tips:

There are many programs on the internet to choose from and many of them pay very well. Your job will be to market the product through your website, Email, Ezine, or pre-made company site. In doing this there are a few things you should keep in mind.
- Choose products that you are interested in. You are going to be selling this and recruiting others to do the same you will need some passion for the product to do that effectively. For instance if you have never picked up a needle in your life you probably will not have much luck with a network marketing system built around sewing products.

- Try it before your customers buy it. When considering a new network marketing campaign it is a good practice to put the product through its paces before you endorse it. Buy the product and use it. One woman I knew purchased a cellulite cream from the company she was working with then used it on one leg for ten days. When she was asked about the product, she simply showed them a real life before and after.

Besides being able to honestly endorse the product, you will also be privy to how their customer service works. This is important even though you are not the one providing the service.

- Check out the company’s statistics, numbers such as; years in business, what kind of sales do they have, and most important the compensation plan. A good plan will have compensation set somewhere between 40-60%, any less than that and it may not be worth your time.

Recruiting Your Team

Another advantage of network marketing is making a certain commission from the items your team mates, or downline, make. When recruiting people to join your downline, be kind yet persistent. No one likes a hard sell and in fact, you may turn off many people if you keep badgering them to join.

Talking about the opportunity, inviting them to a party to watch you in action, or even a simple follow up phone call the next week will show your prospect that you care about the business and would value their contribution as a team member.

There are other tips and tricks to this potentially profitable business model. This is a sample to get you started on your way. Do your homework; choose a network marketing company that is right for you and success will be right around the corner.

posted by Chris Simpson    2 Comments »




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