This article explains network marketing success tips. Starting a business in Nigeria can be very difficult, but growing one into a profitable venture is even more difficult and that is why one in three businesses are likely to fold up before their fifth year in operation.
According to the U.S. Small Business Administration, only 30% of businesses make it to 10 years. But for small business owners with a mentor, the difference is striking: 70% survive to that ten-year mark, double the rate of other small businesses.
Building a strong business must first involve putting in place an effective system that will sustain its operations and bring a steady flow of residual income, which ensures that money is continually generated once the business owner has properly implemented the system. This can only be achieved through MLM network marketing.
This is a process where a product or service is marketed and sold by connected groups of marketers using different channels to reach the final consumer. It is one of the most effective methods used by modern businesses to sell their products and services, and it is also a leading market segment for producing millionaire businessmen and women in the 21st century.
A prime example is in Kedi Healthcare business that involves marketing health products from the company through independent distributors to consumers. This has created a good number of highly successful businesses, including mine. It is constantly evolving with the times to and relevant in making more people wealthy now and in the future. But like every other business venture, there are some who are not doing well in network marketing due to some mistakes in their business setup.
I will be presenting some network marketing success tips that have helped me attain success in my business and how you can also implement this strategy to bolster growth and profitability in your business.
• Get a mentor:
A business is like a journey, which most of the times can turn out to be tough and turbulent, it is very important that you get a guide to help you navigate your way to success. It will be very difficult to build a successful business network on your own, so start out by connecting with a mentor.
• Use the internet:
When it comes to networking and marketing, the internet is the most powerful tool at our disposal, so use it. Set up a website for advertising your products and commit some time to building quality content that will drive traffic. Also, the social media also helps to keep you connected to your consumers.
• Choose quality products:
Your products will ultimately define your business identity, so go for trusted and effective products. These are products that have been used for a long period of time and have good and verifiable testimonials from consumers. For instance, Kedi products have driven my business success over the years.
• Market products and opportunity:
Put all efforts in marketing the products and business opportunity consistently. You are in business to market, after all, so make sure you develop your marketing skill. Your website content, social media posts, advertisements and physical contact with clients should be geared towards making sales.
• Listen to feedback:
Very importantly, you must listen to the customer before and after every sale. Know their interests and what they dislike and let this form a major part of your marketing strategies.
After applying these network marketing success tips, I will add that you remain patient for the strategy to take hold. You don’t plant seeds today and dig it up the next day to check for growth, give it some time and soon enough your work will start bearing profitable fruits.
You can join our Kedi business opportunity team and enjoy life coaching to gain financial freedom. As your business mentor, you will learn from me proven offline and internet marketing skills to do the business effectively.