Internet Marketing – Building Passive Income

Network Marketing: Selecting the Right Business

Robert T. Kiyosaki said in his book “CASHFLOW Quadrant” that the best way to start to build passive income is to use network marketing. With a good network marketing business, Kiyosaki believes that you not only learn business skills by running your own business, but you also build a passive income stream that can eventually take you to financial freedom.

The good thing about a network marketing business is there is almost no start up cost compared to starting up your own business from scratch or even buying a franchise. The bad thing is that there are hundreds if not thousands of network marketing business to choose from. With so many choices, how do you pick the right one? Here are the most important aspects of an online business to focus on:

Start Up Costs

Stay away from online businesses that cost hundreds or even thousands of dollars to start, especially if you are relatively new to the industry. Try to find a business that has a low start up cost or a low monthly fee. If you can, try to find a free trial as well, like that of Global Domains International. With a free trial you can explore and experiment with the system and determine if it’s right with you.

Sponsor

No matter what online business you choose, make sure you have a good sponsor or mentor to guide you. Your mentor should have a proven track record of success with this business, and be willing to help you not only though email but by phone. He or she should set up a marketing plan with you that can get you jump started in the industry. As Tony Robbins says, the key to success is to find someone who is successful, find out what they did, and then do it.

Product

This is something that everyone researches, but few really understand. The key to finding the right business is to find one that offers a product that everyone wants. The more demand there is for the product, the more sign ups you will get. It’s that simple. With the right product and the right marketing system, your business will run itself and you will pocket the profits.

Earnings

Everyone wants to make money. The problem is people get suckered into online businesses with guarantees like “10K in one week!” The truth is, building passive income takes time and takes effort. With enough effort, your business will get to the point where it will run itself. Just find a company that has a good monthly pay system with solid bonuses.

Good luck to everyone on your path to financial freedom!

MLM Online Marketing – How To Grow Your MLM Business On The Internet

The internet, without a doubt, is a powerful tool for MLM entrepreneurs. It’ll take the average person adding 1 or 2 people a month, and increase that to 15 people a week. What I’m going to share with you are ways to grow your MLM business using MLM online marketing.

Tip #1

The overall idea of online marketing for your MLM business is to generate leads. You need a ton of leads. So, to generate leads, you can use various marketing techniques. One of which, is blogs. You can get a free blog at blogger.com.

When writing in your blogs, you should write about your particular industry. An example would be if you’re in the travel industry, you can write about tips on travelling, great travelling places for summer, to-do list before taking a trip, and other tips.

Add your website, phone number, and email address to the blog. This will have people calling you or booking travel with you. This will work for any industry (wellness, weightloss, telecommunications, candles, eco-friendly products, skincare, etc.).

Tip #2

Another MLM online marketing tip for growing your business on the internet is to use video marketing (ex: YouTube.com). Video marketing will generate a ton of leads. When creating your video, you can record yourself giving out helpful information. Or you could talk about your company and how it’s expanding into a new country.

This will allow you to target people looking for what you have to offer. Don’t forget to add your website and phone number. The video will allow generate a lot of traffic to your website.

Tip #3

The third tip for marketing your MLM business online is to use PPC, or pay per click advertising. This can be done with Google, MSN, Yahoo, and many others. Using PPC will generate dozens of leads for you and help you in growing you business.

And what’s even better, you can advertise to people in different countries. So, if you’re company is starting up in another country, you’ll be able to advertise in that particular country.

Use these MLM online marketing tips to grow your business. When you do, you’ll add dozens of people into your business on a weekly basis, even if you’re on a budget.

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