Introducing Internet MLM

For almost a decade now since the 1990’s, many people are already making money online.

Making money online is no more a dream but a reality that has already been experienced by many through affiliate marketing, ecommerce (eg. Amazon), electronic auctioning (eg. eBay), etc.

Thus, even many established network marketing (widely known as MLM or multi level marketing) companies as well as MLM startups begin to bring their business online to enjoy the dual advantage of:

1) Leverage through the power of ONE

2) Leverage through the power of MANY

What’s the difference? Let me explain.

*** The Power Of ONE ***

Network marketing or MLM has been around since the 1950’s and you probably know of companies like Amway, NuSkin who are leaders in this industry.

This business model relies upon word of mouth advertising, meaning a person is more likely to listen to the recommendation of someone he or she knows.

And since everyone, except those who have been sleeping under their beds, has a circle of influence of 3 to 5 closed family members and/or friends, the business explodes exponentially, at least in theory.

Thus, starting from ONE person, a product or service can be marketed through a network of many via the “circle of influence”

A typical progression looks like this if one person is able to bring just 2 members into a network marketing business:

Starting from ONE:
1
1 x 2 = 2
2 x 2 = 4
4 x 2 = 8
8 x 2 = 16
16 x 2 = 32
32 x 2 = 64
64 x 2 = 128
128 x 2 = 256
256 x 2 = 512
512 x 2 = 1024
1024 x 2 = 2048
…

I’m sure you get the picture…

IMPORTANT NOTE:
While you can make a good income online just through affiliate marketing, having leverage through a multi-tier affiliate or multi-level marketing program will make life alot easier once your marketing gathers momentum.

Just imagine: when your customers become your business partners, you will earn an overriding commission on their sales!

*** The Power Of MANY ***

The Internet continues to expand at an alarming rate…

The last I heard from the World Internet Summit 2006 in Singapore was that the Internet population will grow beyond 2 billion by 2010 (hey, that’s just three years from now! For more details, visit my “Internet Marketing Seminar, Tips And Techniques” blog.)

Due to this enormous number, the more eyeballs you get to your website, the chances for sales will be higher!

So, can you imagine your results when you promote your website everyday over the Internet? There will be a snowballing effect that adds up over time…

*** The Challenges Of MLM ***

Network marketing (or MLM) is a GREAT concept!

Whether or not you agree with that, the fact remains that it works. Otherwise, companies like Amway won’t be around for 50 years and many become billionaires as a result!

However, for those who have gotten their feet wet would agree with me that there are certain drawbacks (note that I’m not putting MLM down - in fact, I’m a firm believer) and here’s just stating a few:

• Too much effort in meetings, presentations
• Too many rejections to face
• Not enough prospects
• Too many unknowns like unpredictable company leadership management, “people” issues like cross lining (after all, it’s a people’s business :->)

Again, I’m not saying that MLM doesn’t work; just look at those who succeeded and getting 6-figure monthly incomes!

*** Combining The Leverage Of ONE And MANY ***

What if there’s a way to solve the challenges of network marketing (a) to (c) above?

Frankly, I do NOT think anyone can offer a solution to (d). (All you need to do is recall that even BIG BIG companies have disappeared from the face of this earth just a few years ago.) You only can do so much due diligence before getting started…

By bringing your network marketing business online, you enjoy these benefits:

• You don’t need to be bogged down by meetings that never end…
• You don’t need to face rejections in person anymore (no matter how much those leaders tell you that it’s absolutely necessary)
• You won’t run out of prospects…ever!

Now, you get the BEST OF BOTH WORLDS:

- The Leverage Of ONE

Every of your downline member can potentially bring in hundreds or thousands of other downline members

- The Leverage of MANY

You have a potential to bring in hundreds or thousands by getting your website in front of countless people online day after day. . .

*** Internet MLM Opportunities ***

Personally, I look for network marketing opportunities that I can promote seamlessly online (especially those with digital products or services) and I’ve found two so far to fit the bill - Success University and Global Domains International.

Together with two other co-founders of AUTOPROFIT-TEAM, we promoted Success University and took in tons of cash!

The potential of Success University is truly enormous due to its global appeal and reach as it was designed for Internet marketing in the first place! AWESOME is the only word I can think of . . .