When your friends need a recommendation for a plumber or a TV repairman, do they ask you if you know someone in the trade who's good, reliable and is reasonably priced?
At dinner gatherings, don't you just love to give movie reviews about the ones that you've just watched?
When you yourself need to buy a product, do you first find out about product reviews from other customers?
As you can see, the best form of advertisement for any product or business is by referral. You refer your friends. And your friends refer their other friends and so on and so forth. This is simply called "word of mouth".
Hey but all these recommendations that you have been making have been free. But imagine, if you have tried a quality product, wouldn't it be great to get paid telling your friends about how excellent it is? Wouldn't it be great too if your friends also get paid in the process when they refer their own other friends?
Now try active referral marketing. This means that you go up to people and tell them that you have found this wonderful business and would they like to try it. This is opposed to passive referral marketing when you wait for someone to ask you for a recommendation.
Perhaps one of the most important thing that you have to do is to find a couple of friends who like the product and business as much as you do. If you are successful in getting them to actively refer your business, then you are well on your way to building a very good and effective network.
A good way to source your group of friends is via the internet. The internet provides a great way to hook up with people around the world with similar interests and pursuits. Just look at the hard facts: The number of internet users today is 813 million and growing by an astounding rate everyday. So you essentially have millions and millions of people out there to market to.
Having said that, this does not mean that cash just comes rolling in without you putting in any effort. You still need to put in some hard work and energy to finding he "affiliates" or "downlines" to help grow the business. It's just that via the internet, it may not be all that impossible to find that few out of the millions who will be interested in what you are promoting.
What will however, make network marketing an easier business to do is if the product or service that you are promoting is a quality niche one. The product or service must be able to sell on its own. While you concentrate on improving your marketing skills to close the sales, the networking company behind the product or service is responsible for quality control, improvements, technology, its main website and system.
Additionally, the networking company must be strong and reliable, provides excellent training and tools to help you grow the business. A company that values its sales and marketing staff will also tend to pay a high compensation rate.
So if you are convinced by now that you can do a "word of mouth" business, check out http://www.e-successmap.com. It is endorsed by top experts around the world and has famous entrepreneurs like Robert Kiyosaki, Brian Tracy, Robert G Allen as part of its panel of speakers.
Let your "word of mouth" business help build an additional source of income for you today!
Evelyn Lim is an online entrepreneur and business strategist for work-at-home opportunities. This article is extracted from her regular newsletter that teaches readers tips and strategies for Mapping To Success. To subscribe to her newsletter, please visit http://www.e-BizMap.com or her blog at http://www.EvelynLim.com
![]() Google News Updated : Sat, 11 Oct 2008 05:49:35 GMT G-7 Commit to `All Necessary Steps' to Stem Global Meltdown - Bloomberg
Bloomberg - By Simon Kennedy Oct. 11 (Bloomberg) -- Group of Seven finance chiefs, meeting after stocks plunged and as a global recession looms, vowed to prevent the failure of vital banks while failing to unveil new initiatives for thawing credit markets. Group of 7 Nations Seek Coordination in Rescue In latest bold step, Treasury will buy bank stakes Publ.Date : Sat, 11 Oct 2008 04:03:42 GMT Democrats Are Gaining, Registration Data Shows - New York Times
New York Times - By NICHOLAS CONFESSORE and GRIFF PALMER Some longtime Republican strongholds in New York are becoming increasingly Democratic, a striking change driven by demographic shifts, intense voter registration drives by Democrats and allied groups and sagging ... Campus registration drives in full swing Ott, Hook face off for open county office Publ.Date : Sat, 11 Oct 2008 03:20:33 GMT Bush: US authority able to solve financial crisis - People's Daily Online
People's Daily Online - US President George W. Bush arrives in the Rose Garden at the White House to makes a statement on the economy in Washington, October 10, 2008. President Bush vows action on financial crisis Bush's Lullaby to the Markets Publ.Date : Sat, 11 Oct 2008 04:12:49 GMT McCain Lauds and Attacks Obama in Same Day - New York Times
New York Times - Senator John McCain of Arizona and his supporters at a rally on Friday in La Crosse, Wis. By ELISABETH BUMILLER LAKEVILLE, Minn. - After a week of trying to portray Senator Barack Obama as a friend of terrorists who would drive the country into ... McCain Moves to Soften the Tone at Rallies John McCain, speaking to supporters, tries to defuse an anti ... Publ.Date : Sat, 11 Oct 2008 05:08:14 GMT Paulson Indicates Need to Purchase Bank Equity `Soon as We Can' - Bloomberg
Bloomberg - By John Brinsley and Rebecca Christie Oct. 11 (Bloomberg) -- US Treasury Secretary Henry Paulson indicated that pumping government funds into banks is a priority and said financial markets will remain volatile. US planning to buy equity in financial institutions Treasury Weighs Investing In Banks Publ.Date : Sat, 11 Oct 2008 04:21:05 GMT US Near Changing Stance on North Korea as Terrorist - Wall Street Journal
Wall Street Journal - By JAY SOLOMON WASHINGTON -- The Bush administration is hoping to announce as soon as Saturday that it is tentatively removing North Korea from its list of state sponsors of terrorism, in a bid to kick-start a stalled nuclear disarmament agreement, ... AP: US to remove North Korea from terror blacklist US May Remove North Korea From Terrorism List, AP Reports Publ.Date : Sat, 11 Oct 2008 04:02:40 GMT Genomics project unites four Wisconsin research institutions - Milwaukee Journal Sentinel Milwaukee Journal Sentinel - By KATHLEEN GALLAGHER Wisconsin’s four biggest academic research institutions will collaborate on an initiative aimed at giving the state national stature in the fast-emerging field of individualized medicine, Gov. Marshfield Clinic gets biggest donation yet Wis. governor unveils gene research triangle Publ.Date : Sat, 11 Oct 2008 05:29:44 GMT Increase Web Traffic |
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