Tuesday, November 4, 2008

Multiple Streaming Income a Must For Explosive and Long Term Online Success

In any business a strategy must be in place in order to succeed. But for some reason those who start online marketing don't seem to think so. Online marketing seems so easy. You wake up in the morning, turn on your computer and start making money. Right? Not so fast. It takes a certain type of knowledge of not only the online business arena but also psychology to make it happen. Here's what I mean...

With all the different types of network marketing companies, information products, and other businesses what should you choose? It can get very complex and frustrating. As I see it, there needs to be multiple income streams from a variety of different sources to insulate yourself from the normal ebbs and flows of business. And once you get all of these sources in place and really functioning well, those ebbs and flows literally go away. So in reality you don't just choose one, you choose a few.. Let me explain...

If you market a high end network marketing company as a person's first encounter, you may have difficulty having a lot of interest. Why? In these economic times people are a bit more investigative about opportunities, especially those that are considered bigger ticket items. And, since you don't have a relationship with them, they simply don't trust you enough to take the plunge.

Instead, why not introduce yourself to others with lower ticket items, perhaps a one time fee type of product. The product should have good value and offer that entrepreneur information that will help that person's progress on the road to success. As time goes on, and that person receives follow up emails from you, other offers can be made as well.

Perhaps the next offer builds on your original product to continue the education and growth process. Each time this entrepreneur purchases from you, a trust begins to form. They know that you offer things of value which will help them become more likely to seriously consider future offers.

A network marketing opportunity that focuses on an exceptional product in a large and growing niche would then make sense at that time. The strategy here would be something that would generate residual income so the new network marketer is getting checks month after month.
Along the way, this marketer will learn through you, how to brand himself. Buying leads is not a great way to build your online business. By branding yourself you will have many leads coming to you rather than the other way around.

Lastly, as this relationship grows, a bigger ticket network marketing business can be offered. One in which big time money can be made. The better your relationship, the more likely the marketer will join you in bigger and bigger ventures.

For more information on how to make this your reality here is a great first link to go to . http://www.OnlineMarketingExcellence.com

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