Every year, thousands of people attempt to make a small fortune through multi-level marketing (MLM) or network marketing businesses. Unfortunately, not everyone succeeds. One of the most common reasons for failure is that many people simply fail to follow up on the connections that they have made. Those people who succeed know the importance of effective follow-up.
In a MLM or network marketing business, distributors representing a product recruit more distributors, who likewise recruit even more recruiters. Distributors receive a commission from the sales of the people they recruited, so in order to be successful, a distributor must recruit a large number of people. And, in order to recruit a large number of people, distributors must constantly work to expand their list of connections and potential recruits.
When prospective recruits are first approached by a distributor, they are usually unsure of whether or not they want to join the MLM or network marketing business. In fact, prospective recruits will usually remain undecided for the first several meetings. Therefore, distributors must be persistent. At the same time, distributors should be careful not be so aggressive as to scare people off. Good follow-ups will be friendly and informative. Distributors should allow some time to pass in between follow-ups, since this provides an opportunity for the potential recruits to think about their options. However, a distributor should not allow too much time to elapse in between meetings, lest the potential recruit forget about the opportunity or look for similar opportunities elsewhere.
A distributor will be juggling communications with several prospective recruits at any given time; luckily, follow-ups do not have to be formal or time consuming. A simple email or phone call will often be enough, although sometimes a more personal touch (for instance, meeting for coffee) might be preferable.
In order to stay on top of all the necessary follow-ups, a distributor needs to be very organized. Ideally, the distributor should have a planner used solely for the MLM or network marketing business. This planner should include the names and contact information of all potential recruits. It should also include the past meetings and planned future meetings. Additional information, such as the questions and concerns of potential recruits, would also be helpful.
Being a MLM or network marketing distributor can be a very rewarding, profitable experience. However, in order to be successful, persistence is necessary.
By Richard Quek