events – MLM, Network Marketing, Direct Selling News, Videos, Articles, Legal Updates, and More. http://mlmlegal.com/MLMBlog From Multilevel Marketing Attorney and Business Consultant, Jeff Babener. Run, Learn & Get Lost at MLMLegal.com Sat, 07 Mar 2020 15:31:49 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.25 21 Ways to Provide Legal and Ethical MLM Training to Distributors http://mlmlegal.com/MLMBlog/21-ways-provide-legal-ethical-mlm-training-distributors/ Sat, 17 Dec 2016 21:22:53 +0000 http://mlmlegal.com/MLMBlog/?p=1191 You can look at MLM companies from several perspectives to get an idea if they are running a legal business or a pyramid scheme. In this post, we cover how legal MLM companies approach training their distributors. Legal direct selling … Continue reading

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21 Ways to Provide Legal and Ethical MLM Training to DistributorsYou can look at MLM companies from several perspectives to get an idea if they are running a legal business or a pyramid scheme. In this post, we cover how legal MLM companies approach training their distributors. Legal direct selling companies will encourage distributors to run their business with ethical standards and realistic expectations.

A good MLM company, seeking longevity in the marketplace, will put a lot of effort into training their distributors on how to manage and build their business. Businesses will provide online training, event training, and incentives.

Not every MLM company has the same opportunity, or compensation plan. There are many types of compensation plans and many variations on the original compensation plans (stairstep, unilevel, breakaway, matrix, binary). Each compensation plan and MLM company is unique in how it approaches consultant training.

Regardless of what compensation plan you’re using, there are common distributor training techniques among all companies and compensation plans. From a legal perspective, MLM companies must be realistic about their distributors’ statistics for success. It is not easy to become a MLM multimillionaire. Only a small percentage of distributors achieve such high success. Therefore, when legitimate direct selling companies present their training, management and support programs to encourage and train distributors they use some (or all) of the techniques in the list below.

If distributor training in your company sounds a little like this list, then it is likely looking good from a legal perspective. A MLM company opportunity should prioritize some or most of the following:

  1. Enhance distributors’ self-image.
  2. Enhance the image of the network marketing industry as a whole.
  3. Educate distributors about the direct selling, MLM industry.
  4. Create a realistic picture of what it takes to succeed in operating a network marketing business.
  5. Help distributors understand the responsibility of being in business for themselves.
  6. Make product education paramount in training programs.
  7. Develop business management skills.
  8. Help consultants understand the dynamics of people-interaction or person-to-person relationships.
  9. Teach (or encourage the learning of) new business technology application to the business, such as computer software programs and website platforms.
  10. Help distributors understand the basic concepts behind the network marketing method of distribution.
  11. Create an appreciation of ethical standards.
  12. Teach distributors how to run a small business, such as managing taxes, distributor networks and accounting.
  13. Work on goal-setting and planning; develop one, two, and three plans, rather than promote unrealistic instant success schemes.
  14. Develop the art of prospecting (finding and recruiting new distributors for your downline).
  15. Help distributors understand the concept of commitment.
  16. Learn to value the contribution of others in their home business.
  17. Prepare to give effective presentations.
  18. Learn how to deal with objections, rejections, and discouragement; helping distributors understand that an objection is nothing more than a question in disguise.
  19. Develop an understanding of the legal issues impacting the network marketing industry and the individual distributor business owner.
  20. Help distributors understand the art of duplication and the power of setting an example (in recruiting).
  21. Help consultants understand that people are involved in network marketing for different reasons; allow those who are interested in the business opportunity to develop at their own pace and resist the urge to pressure satisfied consumers to engage in the business opportunity if they simply want to remain customers.

When MLM companies work to encourage their distributors to work hard, learn about the business, and have realistic expectations, then they are working to support a network of distributors that will last a long time.

If a direct selling company tells you that you’ll become a millionaire in a month then the chances are likely that they are not operating a legitimate business. Remember, if it’s too good to be true, then get out quick!

Would you like to learn more about distributor training, legal MLM compensation plans, or the MLM industry in general? Watch some of MLMLegal.com’s videos, presented by MLM Attorney, Jeff Babener. Visit MLMLegal.com for the most trusted MLM legal information on the web.

Visit us at www.mlmlegal.com to learn more.

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New Video: 4 Tips on Generating Network Marketing Leads http://mlmlegal.com/MLMBlog/new-video-4-tips-on-generating-network-marketing-leads/ Tue, 12 May 2015 20:46:35 +0000 http://mlmlegal.com/MLMBlog/?p=954 Generating leads will certainly help you build your network marketing business. If you are just getting started, you are probably wondering about the best recruiting strategies. It isn’t easy to find customers and recruits to buy products and join your … Continue reading

Visit us at www.mlmlegal.com to learn more.

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Generating leads will certainly help you build your network marketing business. If you are just getting started, you are probably wondering about the best recruiting strategies. It isn’t easy to find customers and recruits to buy products and join your network. It’s not as easy as many people make it out to be! Here are some simple strategies that are easy to master and will deliver great results:

Attend Local Networking Events

Attending local events is the best way to generate local network marketing leads. Find and attend local festivals, seminars and fairs that are relevant to your industry or niche product line. These events can be prime locations to meet local people that show a particular interest in your industry.

Local leads are extremely helpful in launching the initial expansion of your MLM business. By recruiting locals to join your network, you will greatly improve your chances for success.

Make Use of the Internet

Internet opportunities are also great for network marketers that are trying to accomplish lead generation. You will increase your online presence by building a website dedicated to your network marketing business and making sure that it is optimized. If you don’t know how to build a website then make use of online services that will build your website for free. All you will have to do is choose a template (what your website will look like) and upload creative content (photos and written content).

It is equally important to participate in social media. Social media will help you build a list of prospects, communicate fluidly with them, and build relationships with your followers and friends.

Never Forget Your Business Cards!

You never know when a prospect will appear. Make sure that you are ready for a presentation at any time, anywhere. This is where keeping business cards on your person will come in handy. Create attractive and informative business cards that you can hand out to prospects. Regardless of whether you are visiting a local street fair or on a business trip, business cards are a prime way for the people that you meet to remember and find you.

Also, make sure your business card is innovative and sets you apart from everyone else. Develop yourself as you would a brand and market accordingly.

Content-Based Lead Generation

If you can establish yourself as the authority of a particular industry then your lead generation efforts will go much more smoothly.

Build online content by using blogs, social networks and guest posting. This will give you an opportunity to build your reputation and reach out to a larger audience. Content-based marketing strategies can be time consuming but they deliver long-term results.

The growth of your business will depend on your lead generation skills. Seize the opportunities that you come across. Be confident and have fun when you approach people! Use new technologies and communication methods to reach an even larger group of prospects. Start locally and expand from there.

For more encouraging words to achieve success in network marketing, visit Attorney Jeff Babener’s websites: www.mlmlegal.com and www.mlmattorney.com.

In addition, our next Starting and Running the Successful MLM Company Conference takes place October 22 and 23, 2015 in Las Vegas. View our conference flyer and speaker list online. Participate in our Innovation Campaign for your chance to receive TWO FREE TICKETS to attend our next conference.

Visit us at www.mlmlegal.com to learn more.

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