Network Marketing Success: Network Marketing 20-30K a month in 90 days? Yes of course
Let’s be realistic. How many people actually make 20-30K per month in their network marketing/direct sales business within 90 days of starting? Well, not many. The amount is so small that it probably won’t even register on the scale you choose to use. In theory it could happen, yes. And this is how:
1.) First of all, you would have to get into a top tier high commission direct sales/network marketing company that pays high commissions up front. Compared to a more traditional MLM model where you have to build and recruit a small army of distributors, which can take 3-5 years. There is nothing wrong with this business if that is what you like. A top tier direct sales company, on the other hand, pays large commissions up front, typically starting at $1000.00. Some pay up to $10,000.00 or more on some packages.
2.) You would have to position yourself at the top of the payment plan. Which means that if a company has 3 different levels of products that it promotes, it should invest in all three levels. As an example:
Tier 1 Product: $1695.00 = $1000.00 Commission
Tier 2 Product: $8995.00 = $5000.00 Commission
Tier 3 product: $14,995.00 = $9000.00 commission
Total investment in the 3 levels: $25,865.00
Total commission if you start with the previous investment: $15,000.00
If you’re thinking $25,865.00 is a lot of money, compare it to buying a franchise. I have 2 friends who bought a franchise from Direct Buy. They paid a franchise fee of $300,000.00, another $600,000.00 to build a showroom, plus a 22% royalty fee on membership sales. It’s not even a Mcdonalds we’re talking about here. And for the most part, he’ll have a small salary first the first year or two. As I understand it, between 50-65K is the norm. So for me anyway, 26K is a steal, considering the potential ROI.
So in the above scenario you are investing 26K with the potential to earn it back in just 2 sales of the three products. How long would it take to do that? Well, that depends on your skills in marketing, sales, etc. Let’s say it took you a full year to sell 4 packages at a commission of $15K each. That’s 60K in commission, on a 26K investment. I’m not the sharpest tool in the shed, but I know it’s an exceptional return on investment. Again, I’m no math wizard, but Warren Buffet will take that statement any day of the week. That’s probably why your Berkshire Hathaway Group owns 4 or 5 network marketing companies. So the potential ROI relative to your investment is actually quite substantial. Back to the topic.
3.) The third thing you would need to make 20-30K in your first 90 days is outstanding marketing skills, both online and offline. Again, most people, when starting a business, a home business, or any type of business, have no more than a very basic idea of what marketing is, let alone how to do it. And nowadays if you don’t have marketing skills, especially online marketing, you will go broke. The good news is that these skills can be taught and learned. But learning them in 30-60 days to start earning 20-30K per month in 90 days is overkill to me. 180 days to start seeing leads from your online marketing efforts consistently? Very possible I think. So yes, you can have considerable success in network marketing with the above factors in play.
Now, who are you going to talk to in the meantime, while you build your marketing machine? We teach our organization where to find professionals such as real estate agents, insurance agents, executives, managers, etc. These professionals, for the most part, already possess the necessary skills to run and manage their own business. And the great news is that there is an unlimited supply of them to talk about. You just need to know where to find them. We show people in our organization where to find these professionals. If you do it correctly, you will NEVER run out of people to talk to.
You can also buy leads for your business. However, the buyer should be careful as some potential customers are maxed out. Our organization has access to the leads that are generated through this sales funnel system. It’s a great way to get started, but you also want to continually work on your own marketing.
4.) Successful Network Marketing Sales Skills. In most direct sales, the company gives you a script, tells you to learn it, and start dialing. That’s great if you’re a sales professional and you know what you’re doing. But if you’re coming from a profession like engineering, you’ll probably burn out very quickly from “dial for dollars,” as the saying goes. You need to find a company that offers extensive sales training, marketing training, and support. There is no such thing as a born salesperson, in my opinion. Sales, like anything else, is a learned skill. For example, when I was young, I was cross-eyed and had a slight speech impediment. Therefore, he had a self-esteem problem. If you had told me at the time that I would end up in professional sales as a career, I would have recommended a competent psychiatrist. But here I am, with more than 20 years in the profession. The point is that sales can be learned. In my business we teach our associates a dialog-based selling system that takes all the stress out of the sales process. Which means that it works the exact opposite of what most people think selling is. Most people think that selling is an aggressive proposition. They think so because we have all met a pseudo salesman. I mean a salesperson who pushes and pushes. Selling is not about pushing, it is about attracting prospects. Plus, professional selling is all about qualifying prospects and realizing that what you’re selling isn’t for everyone. Now, if you start at the basic level, in this case the $1695.00, you will earn $1000.00 in commissions. In other words, because you’re positioned at the bottom of the payment plan, you only earn commissions on people who buy the entry-level package. At my company, if someone buys a larger program than the one they’re ranked in, the commission goes to the next qualified rep at that level. But they still have to buy the entry level program first, which means you would still earn at least $1000.00 per sale. This is how I started my business, at the entry level. I make 1-2 sales a week because of how I prospect. So I earn 1-2K per week with an investment of only $1695.00. That’s 72K the first year, for an investment of only $1695.00. An impressive ROI, no matter what business you’re in. Many companies would give anything to have such an impressive ROI.
If you already have all of the above skill sets, then yes, you can start earning 20-30K per month within 90 days. But let’s say you don’t. Could you live with making 60K in your first year, making just 4 sales while developing the necessary skills? Because if you can, the second year will give you 250K or much more, if you work.
So, achieve network marketing success to the tune of 20-30K in 90 days? Probably not. 20-30K per month in 6 months to a year? Definitely. The question for you is whether it is worth the effort to learn the necessary skills. to earn 250K+ in the sophomore year and beyond. I think it is.
But remember, network marketing success can mean one thing to you and another to me. If you just want to earn an extra 50k per year, and that means network marketing success to you, guess what? That’s totally fine. It’s your life.
for your success