industry – InFirst Marketing http://localhost Network Marketing Magazine Thu, 28 Jan 2021 04:38:08 +0000 en-US hourly 1 https://wordpress.org/?v=5.4 Motivation Monday: Falling on your Face /motivation-monday-falling-on-your-face/ Thu, 28 Jan 2021 04:38:08 +0000 /?p=270 [...]]]> “When you’re falling on your face, you’re actually moving forward!” ~Anonymous

Are there going to be times that you feel uncomfortable as you build your business? Will there be times you make mistakes and maybe look a little goofy?

OF COURSE!

But that also means you are improving and learning. So, if take the chance you have to network and build your business. Each time you do it, you’re going to get better.

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Motivation Monday: Habits over Willpower /motivation-monday-habits-over-willpower/ Wed, 13 Jan 2021 03:56:12 +0000 /?p=266 [...]]]> You will scale more mountains with habits than with willpower.

What’s easier, being miserable when eating healthy, and not having to think about eating healthy and just doing it naturally?

Willpower should be conserved for two uses:

  • Establishing Habits
  • Getting the last little extra effort out of yourself to improve or achieve a goal.

So how do you apply this?

The first little bit of working, make it about getting to like what you’re doing. If it’s the gym, only go for short time the first month. Or if you’re just not feeling it, let yourself leave. Some would say this is terrible advice but if it keeps you going to a whole year instead of a month — seems like successful life engagement to us.

If you don’t want to follow up with prospects, think about whey you’re not looking forward to it and make it different. Call to have a conversation or do what you need to make sure you’re frame of mind is about helping them. If you can flip this mind set, every moment you’re working, you’re actually playing.

It doesn’t take a lot of willpower to play

We’d love to know how you have used both habits and willpower (raw determination) to succeed. Join Network Marketing Professional conversation with us on Facebook.

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Motivation Monday: You set the finish line /motivation-monday-you-set-the-finish-line/ Mon, 21 Dec 2020 11:00:00 +0000 /?p=252 [...]]]> Nobody can choose what success means to you. When building your Network Market business, you have to set the finish line for what you want to achieve.

This isn’t just the final goal, this is on a daily basis. What does success look like? It’s going to be different for us all.

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Binary Compensation Plans /binary-compensation-plans/ /binary-compensation-plans/#respond Wed, 16 Oct 2019 01:26:46 +0000 http://infirstmarketing.com/?p=98 [...]]]> A distributor focuses on getting 2 front line distributors- a left distributor and a right distributor. Later recruits are placed in the front line of other distributors. This is the definition of a binary compensation plan.

Binary means 2. It is commonly used when referring to computer memory meaning: on & off or 0 & 1. In a compensation plan, it is easiest to understand as right and left.

Commissions paid are based on volumes in the legs, but it can vary as to which leg will drive the commissions. There are examples of commissions being calculated on the leg with less volume (weak leg), or dividing up between the weak and strong legs.

Weak Leg

In Binary Compensation plan, the weak leg is the leg with a smaller amount of volume.

Strong Leg

In a Binary Compensation plan, strong has the great volume.

Since the weak leg will drive a greater amount of compensation, this is where new recruits will often be placed by a distributor. Usually, distributors will work to grow the weaker leg, but this depends specifically on how compensation is calculated.

Spillover in Binary Compensation plans can drive lot of growth for downline distributor’s very quickly, but dries up if a distributor is not in the leg the upline is trying to balance.

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Direct Selling Dictionary /network-marketing-glossary/ /network-marketing-glossary/#respond Tue, 01 Oct 2019 12:37:44 +0000 http://infirstmarketing.com/?p=82 [...]]]> A glossary of network marketing terms

Distributor


This is the person who is running a network marketing business, seeking to give others the opportunity & selling the product to customers.

This term varies a lot with each company. Distributors can also be referred to as consultant, member etc…

Personal Volume


Amount of Volume of products bought by an individual or distributor. Because many direct sales companies work in multiple countries with various currencies, policies are set in terms of volume purchased instead of monetary amounts.

Spillover

In Binary Compensation Plans this rfers to when a distirbutor has more than 2 in the front line. Since Binary Plans exepct only 2 in the front line, spill over refers to moving more distributors into the the frontline of memebers in one’s downline


The individual who recruits a given distributor into a network marketing company.

The sponsor is the first node of a distributor’s upline, and then that sponsor’s sponsor is the second node.

Upline


The network of sponsors that previously that sponsored a given distributor.

A given distributor has a sponsor who also had a sponsor – this chain is the upline.

Wholesale Customer


Most companies will provide benefits for routine customers of a distributor.

There are various benefits like easier orders, auto-shipped orders, or better pricing.

There are different methods for becoming a Wholesale Customer including membership fees, registering with the company or setting up autoship.

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Unilevel Compensation Plans /unilevel-compensation-plans/ /unilevel-compensation-plans/#respond Fri, 20 Sep 2019 11:04:28 +0000 http://infirstmarketing.com/?p=63 [...]]]> What is a Unilevel Compensation Plan?

Unilevel Compensation Plans are fairly easy to understand because they match a lot of assumptions those new to network marketing have about compensation.

In a Unilevel Plan, distributors place new recruits on their front line and commissions are earned on a set number of levels.

A new distributor will add someone new to their front line and that newest recruit enters level 2 for the original sponsor.

There is a finite number of levels that commissions are earned on, usually about 5 to 8 at a well established company. (Countermyth, which offers an MLM CRM tool, does 5 levels of compensation, but it is focused on affiliate marketing so that it doesn’t compete with network marketing opportunities.)

The percentage per level & number of levels differs by company. Usually, companies that use a Unilevel plan will have other compensation programs.

Recommended Focus

If your organization offers a Unilevel Compensation plan, this is probably where the bulk of your compensation will come from.

We recommend focusing on building strong leaders at each level of distributor and sponsoring wide organizations.

Benefits

There isn’t a lot of debate about where to place someone new to the opportunity and there is no wrangling with new recruits about where they want to be placed in your downline.

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