Posts Tagged ‘Credit Collections’

THE WAY IT WAS

September 23rd, 2022

Let me,Guest Posting first mention the history of the MLM/networking industry.
Networking was founded on the principles of great products and the
sharing of such. In fact, the oldest direct sales company in
America is now a network marketing company based on the sales of
products and sharing the concept of retailing products to make money,
but through a strategy of networking in order to find others who will
do the same.

The answer to the “Which Comes First” question really rests with the
business opportunity seeker based on how he wants to build his
business. What I am about to share with you may help you determine
the kind of networking company you may want to align yourself with.

Let me start by saying “the face of the network marketing industry
has changed drastically in the past 15 years.” With the emergence of
computer technology, network marketing has taken on a new look in
terms of what is on the “front door” as you come knocking. With the
introduction of the Internet as an additional medium for networking,
the whole MLM industry has seen a new emphasis.

PRODUCTS, PRODUCTS, PRODUCTS!

Just to give you an idea what I am talking about, 20 years ago a
prospective sponsor would sit down across the kitchen table with you
. .pull out his catalog of products … show you some sample
products or may even have a small home meeting demonstrating the
excellence of their product line and then tell you how you can make
money, not only selling the products, but having a distributorship.
In so doing, you could set other people up with a distributorship
which would allow you to retail products AND earn commissions from
the products sold by your distributors you signed up under you. In
other words, they led with the products first. There are companies
that continue to use that approach today and with certain companies,
that is a necessary approach to take and certainly makes sense.

What Is the Best Internet Business Product?

March 21st, 2022

Anyone thinking of starting an online business will immediately start to wonder what is the best internet business product. The answer to this isn’t as simple as just giving you the name of a specific product. Instead, there are certain things you can look for in any product that will tell you whether it’s likely to be profitable or not.

Obviously, you want to know that whatever product you choose to promote has a hungry market out there somewhere. You also want to know that there is enough profit in it for you to make your marketing and promotional efforts worthwhile.

The best part about operating any business online is that you have a choice whether to promote physical products that need to be shipped out to customers or digital products that can be downloaded instantly. You also have the choice of whether to promote big-ticket items that earn you a lot of money per sale or cheaper items that earn a little per sale but tend to sell a lot more.

Here is a brief look at the advantages of each type of Internet business product:

Digital Products

Digital products like eBooks or software programs are the ideal Internet business product. You design and create the product just once before uploading it to your web host. From there, your customers are able to pay for the item and then download it directly to their computer instantly.

These types of products are extremely profitable, as customers are only downloading digital files. You don’t need to worry about shipping or postage costs and there is no handling to be done at your end.

Physical Products

Physical products can still be extremely profitable for any online business. Customers place their order and pay for the item on your website. When you receive the order you package up the product and ship it out to them. You’ll make money as long as your prices cover the cost of the item as well as the packaging and shipping costs plus leave some profit for you.

Big-Ticket Items

Selling an expensive item means far more profit per sale for your business. You might only need to sell one item per week to make enough profit to keep you going. More expensive items can sometimes be challenging to sell, but this shouldn’t deter you if you’re really passionate about what you’re promoting.

Cheap Items

Selling really cheap items can be an excellent way to increase any business revenue. People often purchase low cost things on impulse, so it can be really easy to sell lots of things quickly. As the price is so low your profits might only be small. This means you need to make a lot of sales regularly to turn that bit of profit into a decent income.

Combining Your Options

Some Internet business products can be used in combination with others. For example, you might offer a really cheap eBook for a couple of bucks that contains information your customers love. You can then use that cheap product to upsell other more expensive products you have available. If customers loved your first product they’re likely to trust you enough to pay for your more expensive items as well.