You are currently browsing the Setting Your Sights weblog archives for November, 2008.
- General (2)
- Home Businesses (25)
- Personal Development (23)
- Product Review (1)
- 1. May 2009: Stop Making Excuses and Just Get Started by Luke Johnson
- 28. January 2009: 5 Tips to Get Rid of Self Sabotaging Limiting Beliefs Easily by Sudath Wijesooriya
- 20. January 2009: Build Your Network Faster with Better Questions by George Torok
- 19. January 2009: Train Your Brain and Gain Clarity by Loren Elio
- 16. January 2009: Product Review~PPC Domination
- 15. January 2009: Blog Marketing Strategies Revealed-by Jesus Leon
- 14. January 2009: Things Work Out for the Best by Denise Ryan
- 13. January 2009: Home Business Expert: Testimonials, Your Secret Sales Force by Nancy Jamison
- 7. January 2009: How Much is Your Time Worth? by Pat Gras
- 6. January 2009: Business Lessons from Barrak Obama by Debra Gould
Archive for November 2008
Why Direct Sales Beats MLM Every Time by Pat Gras
30. November 2008 by Pat.
There are several distinct advantages to being in a direct sales opportunity vs. a multi-level marketing opportunity.
First one must know the difference between the two. In direct sales, one profit from the sale of one product pays one person. In MLM, one profit from the sale of one product is split numerous ways between the person making the sale and that person’s upline.
Immediately, you should be able to see the disadvantage of the MLM system. When you make a sale, you only get a portion of that sale. Therefore, in order to earn a significant income, you must build a downline of several hundred or even several thousand (depending on the profits and the compensation plan of the company) individuals each selling the company’s products.
The order of the day here is duplication and if you can’t get your downline to duplicate your efforts, you might as well stand facing the wind and urinate on yourself because that is the reward you are going to get. This is why the failure rate of MLM home businesses is something like 95%.
With a direct sales business model, you are primarily dependent on your own efforts to generate the bulk of your income. If you get the sale made, you get the commission. Period.
Now, with that said, the best direct sales companies build duplication and residual income into their compensation packages to “sweeten the pot”, so to speak.
In these instances, you get the best of both worlds. You get the total profit from your own efforts and if you are a great team leader, you will also get some of the duplication efforts from your team and residual income as your team grows.
When you are looking at a network marketing opportunity, keep these two very distinct differences at the forefront and you will ensure that you find the best opportunity for you to reach your financial independence.
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The Power of Words by Barbara Giamanco
28. November 2008 by Pat.
In a world so full of “me first” attitudes, it is no wonder we see so much turmoil and dysfunction in the world around us. The financial fiasco being played out on the national stage is evidence that something is seriously wrong. Day after day, words of disaster come at us from all directions — words that instill fear, panic, and negativity. News of foreclosures, more bank failures, bailouts totaling billions of dollars…it is no wonder the confidence level of people in our country is the lowest it has been in 28 years. That has to change, and it can if we commit ourselves to changing what “we think about” and “what we say” to ourselves and others!
Anybody living in Atlanta since Gustav hit the gulf coast has seen evidence of what happens when people get themselves into a place of panic and fear. Gasoline was in short supply here, and the result was closed stations and long lines at the pumps of those stations that had gas. We also began to see evidence of what happens to people’s behavior in times of stress. People trying to cut in line, fistfights and angry words at the pump, and a general attitude of I’m going to get mine first.
In Corporate America, we see people suffering from a severe affliction that I like to call the “corporate coma.” People aren’t walking through their work lives with joy and ease or a sense that they are valued for who they are and what they contribute. Instead, a type of malaise has settled over employees in companies everywhere. Today’s economic fears and negativity, encouraged all too frequently by the media, only adds the proliferation of “what’s the use” attitudes. The result is an apathetic, largely checked out workforce who up to go through the motions in order to take home the paycheck.
Those of us working outside those corporate halls are not immune to feeling invisible, unappreciated for our gifts and talents, or feeling just plain beaten down by the constant demands of business and life. The constant barrage of negative information coming at us can erode our confidence, if we let it.
Big change is sorely needed in our world, and it starts with each one of us. What’s happening nationally doesn’t have to be our world locally. We have all heard it said that we are what we think about. I’d like to take that a step further and say that we are also what we “talk about.” What we say — the words we use — largely determines our success or failure.
What are you saying right now? Are you complaining about what you don’t have or what you do have? Are you blaming the economy or others for what’s not working in your life right now? If you are, that’s an attitude that will get you nowhere and it never will. James Arthur Ray in his book “Harmonic Wealth” says, “Energy flows where attention goes.” Whether you realize it or not, our words are powerful, energetic forces that have the power to harm or heal. They can either empower or disappoint. They can lift up or drag down. Choose your words carefully. Ask yourself if they help you or harm you. Banish words that keep you and others rooted in mediocrity. Commit to yourself that you will not be one of those people who use “the economy” as an excuse for not accomplishing your goals. Have a positive mental attitude, plan what you want to accomplish, develop your skills, use positive words, and stay focused on the action you need to take to achieve the success you desire.
Finally, remember to maintain an “attitude of gratitude.” If you find yourself sinking into feelings of fear and worry, I encourage you to stop for a minute to take stock of all the gifts you have in your life right now, because I’m betting there are plenty of them if you just take a minute to look around. Create a gratitude list and refer to it often. Remaining grateful for what we have is a surefire way to keep us on a positive track. And remember to say “thank you” to others around you for a job well done, a business connection made, or a helping hand offered.
A positive mental attitude backed up by positive and inspiring language is one of the single biggest determinants of success. So shut out the noise. Ignore the negativity. Stay focused on your goals, speak positively to yourself and others, and watch your success soar!
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Are Home Based Businesses In Network Marketing & Direct Sales Your Way Out Of A Dying Economy ? by Clemente Edwards
26. November 2008 by Pat.
It is no secret that America is facing its biggest financial crisis since the great depression. Companies are closing their doors and cutting jobs by the tens of thousands each month, hundreds of thousands of people are becoming unemployed each month, and currently millions of people without jobs. As it stands, Corporate America is no longer a viable and reliable source of security nor has it ever been.
Do You Have A Way Out?
I was speaking with a friend of mind just the other day that is from Detroit about the auto industry and how it will affect that city. Come to find out his parents are both retired from one of the BIG THREE (Ford, GM, Chrysler) and they are highly concerned about what happens to their pensions if those companies fall.
There is a since of concern, urgency and desperation on the faces of people nowadays to find other sources of income to gain that financial security. The buzz has been home businesses that have very low risk and very low financial commitment like MLM, Network Marketing, or Direct Sales. This is a $105 Billion industry with approximately 175,000 people joining per week in the U.S and 495,000 people joining per week world wide.
So what’s the deal behind this type of home business that people are flocking to during this time of financial crisis?
Robert Kiyosaki, a self made millionaire and author of best selling book Rich Dad, Poor Dad says, “Network Marketing gives people an opportunity, with very low risk and very low financial commitment, to build their own income generating asset and acquire great wealth”.
Warren Buffet, the world’s richest individual and owner of 3 direct sales companies says, “One of the best investments I’ve ever made”
Donald Trump, a self-made millionaire says,” It has proven itself to be a viable and reliable source of income”.
Network Marketing has changed the lives of people all over the world who have decided to take on the opportunity presented to them. You hear testimonial after testimonial about rags to riches stories and how great wealth has been achieved. It’s really pretty simple, there is nothing magical about it, and these are ordinary everyday people who decided to take ownership of the financial security and gained the freedom they’ve only dreamed of.
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Clickbank’s Newest Rival–Click2Sell
11. November 2008 by Pat.
There is a new kid on the block and it’s called Click2Sell. Click2Sell is similar to Clickbank, but has more features and options for sellers and affiliates. It’s a complete all-in-one system for merchants to sell products online (mostly digital products such as ebooks, software, etc.), run affiliate programs and recruit affiliates. It’s also an affiliate programs network for affiliates to select and promote products from Click2Sell Marketplace and earn affiliate commissions.Click2Sell is a merchant platform, affiliate marketing portal, and online payment processor transaction coordinator. Really, it’s an easy to use, all-in-one solution!According to various super-affiliates like Rosalind Gardner, Allan Gardyne, Zac Johnson,
• Receive funds instantly. Since Click2Sell deals with 3rd-party payment processors, payment is sent to merchants’ or business account such as
PayPal or Moneybookers immediately. There is no more waiting as you would with other sites. You can also accept direct credit card payments to your Authorize.net or Paypal PRO accounts.
• Multi-currency processing. Payments are dealt with 3rd-party payment
processors, merchants can choose what currency to sell their products
in, eliminating currency conversion fees.
• No waiting period for product approval.• 100% refund control. Refunds are easily managed from the refunds section of the control panel.
• Complete Affiliate Management. All merchants can easily let other affiliates sell their product. They can set commissions to any rate up to 95%, choose to accept affiliates manually or automatically, ban unwanted affiliates, track the number of affiliates and their
performance, and (my favorite): set custom commissions for special/super affiliates or JV partners. This lets you reward, as well as provide incentive to others, to affiliates who are generating you a lot of sales.
• Sell products including material and subscription-based services. You can also sell subscription-based services such as a private monthly newsletter or access to online game you run. Click2Sell will manage all these things automatically for you.
• Gather additional information from buyers. This option is useful for many reasons (e.g., you could ask people to give you contact information and create a mailing list…).*Benefits for Affiliates*• Accounts are completely free. If a returning visitor buys a product within 6 months - you still get the commission.
• Merchant Rating System - Each Click2Sell merchant is rated after each payment for affiliates, so you can easily find the honest and reliable merchants. If a merchant doesn’t fulfill an obligation, then they will be quickly removed from the system. This means that only honest people do business in Click2Sell.
• Receive up to 95% affiliate commissions - Merchants can choose the rate of the commission up to 95%, there are a lot of offers out there which pay a very high commission rate.
• Affiliates receive their commissions to Paypal or Moneybookers account.
• Affiliates are able to contact merchants and vice versa: this is one of my favorite features in Click2Sell. You can contact merchant directly and ask any questions you need.*Statistics*If you use Clickbank then you will understand how big upgrade Click2Sell reporting tools are for your campaign.Real-time (!) reporting area of the control panel is very detailed. In fact, it is so powerful and specific-to-detail that it is split into 7 sub-pages: General, Daily Report, Conversion Report, Referral Report, Refunds, Transactions, and Keywords.General Report shows an overview of all activities in one place using graphic chart including: your own affiliate earnings, earnings your affiliates, earnings from your referrals, number of visitors, sales, conversion rate, commissions fees, and profit to give the bottom line.You can create different tracking channels to test various advertising options. You will not need to install complicated tracking scripts any more in order to track sales conversions. With Click2Sell everything is made easier.*Referral Program*Residual Income - get 30% from Click2Sell income paid by your referred member. You will be paid as long as your referred members – whether merchants or affiliates - stay active and sell products!*Fees*This is one of the major perks to sell your products with Click2Sell: there is no commissions’ percentage taken. Click2Sell has simple fee rate, charging $1, $2, or $3 depending on the scale of transaction.Only merchants are charged this fee; affiliates never have to pay a cent since they are paid by the merchant.Let’s hear what others have to say: Rosalind Gardner (one of the most famous super-affiliates): “My hat’s off to the Click2Sell developers.”
Allan Gardyne (most famous Australian super-affiliate):“It looks worth keeping an eye on.”
Tyler Cruz: “Overall, I was very impressed with Click2Sell and will definitely be using them if I ever have a product to sell. Their immense array of features for merchants including the ability to control their own affiliate program makes them a valuable resource for anyone selling or even thinking of selling a product. I highly recommend Click2Sell. “
Blogtrepreneur (known and solid blog):“I tried pretty hard to find any flaws with this site so that it [a review] didn’t come off sounding like a sales page. I have to be honest though, I don’t really see much downside to Click2Sell. “Assuming they can continue to grow, add products to their site and stay solvent then I would say they are the best alternative available to marketers today”.
Whether you are a merchant or affiliate – you can find something for you on Click2Sell. If you already sell ebooks, software or any other products online or just thinking about starting your own affiliate marketing business, you should definitely consider Click2Sell as it’s a system that offers you with all the tools vital for your successful online business.
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