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Aug 18, 2006

Multi-Level Marketing Explained

Copyright © Liane Bate
http://www.HonestMoneyMaking.com

The concept of "marketing" is scary enough in itself - Why do we need "multi-level marketing" as well? What is it anyway, and do I need it for my business to be successful? Multi-level marketing, often called "MLM" or even "network marketing" is a business model that involves not only you, but your upline (those above you in the system), and your downline (those below you in the system). Many people are intimidated by the multi-level system, thinking it is just a "pyramid scheme" where only those at the top reap the benefits. However, if you put money into an MLM business and you are actually getting something of value out of it, such as an education, resources, or tools that far exceed what you put into it - and when everyone in the matrix has the opportunity to benefit, not just those at the top - then it is not a so-called "pyramid scheme", it is a legitimate MLM business. Once this is understood, MLM is not so difficult a process.

In MLM, you want people on your team, or in your downline. In order to do this you have to communicate with other people and get into the game of prospecting. Prospecting involves talking to people face-to-face, on the phone, and/or in emails about your business. You want to get people interested, and actively involved in what you are doing. You can find new people to talk to anywhere, but it is a good idea to start with the people you know, or your "warm market", just because they know who you are, they trust you already, and they are a good audience to practice on without feeling stupid! After you hit your warm market, you also want to ask them if they know anyone who might be interested in your business. Finally, you can hit the "cold market", or those people you and your warm market don't know at all. When first starting out, it's easy to get excited about every prospect you talk to. Soon enough though, you realize that you have to weed out certain prospects who really aren't serious about your business, and focus your energy on those who are. It's important to keep a conversation rolling with your serious prospects. You can do this by contacting them by phone, email, or in person on a regular basis, finding out if they are interested in being on your team, and encouraging them to ask questions or find out more.

Once you've found some good prospects, and you've contacted them a few times about your business opportunity, you have to make sure you are prepared to answer their questions. They are going to want to know about your business, your product or service, your history, the organization's history, and about the compensation plan. If you are speaking to them on the phone, you can write notes about possible questions, have a printout of frequently asked questions that they may ask, and have the compensation plan in front of you. The more you do it the more confident you will become, and notes may not be necessary. If you are meeting face-to-face, you can hand out brochures or DVDs on the business and let that do the explaining. You may think telling them all you can about the business is the way to go, but you should try to keep it as simple as possible so that the prospect feels that they can easily duplicate the process.

Your prospects have now had a chance to look things over, and now it is up to you to follow-up with the prospects. You can call them and ask if they have any questions or concerns and find out if they are really interested. You can let them know what the benefits of joining are, and what the next step will be. It's important to ask, "Are you in, or are you out?" Again, this allows you to focus your time and energy on only those who will help you. It is these prospects that are likely to become successful anyway.

About the Author:
Liane Bate owns a Plugin Profit Site web business, is a member of Success University, and the IAHBE. Find out more about Multi-Level Marketing at: http://www.HonestMoneyMaking.com

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Aug 17, 2006

HonestMoneyMaking.com's Monthly Progress Report (August 17, 2006)

Copyright © Liane Bate
http://www.HonestMoneyMaking.com

Welcome to HonestMoneyMaking.com's 6 month progress report! As predicted, the past month has not been a very productive one for me yet again. Warm temperatures and a few other things have me a little distracted to say the least, but I expect to get more motivated with cooler fall and winter temperatures on the way.

My greatest progress over the past month has been in terms of website traffic. I have chosen to spend money not time on building traffic through traffic exchanges, and consequently my number of unique visitors, after purchasing enough credits, is well into the 300s now per day! This has me excited, but sales have been very slow this month. It is a great stress reducer to spend money on credits so that I have more free time, but so far the free time has not been spent doing other productive business initiatives I should be partaking in to boost my business. I have a lot of work to do, there is no doubt about it!

Another achievement this month has been working to improve my blog. I have added Adsense, a few banners, and have been quite actively commenting on other people's blogs to get my links out there, and offer something helpful as a reply to other's blog posts. Both in articles and blog posts, I have used anchor text in my bio-box as a means of generating more traffic to my site when those keywords are searched.

Another positive achievement this month has been getting my number of subscribers up. I still have not bought into any list-building system as many others have, but I have heard good things about Getresponse leads, and have been through a trial of List Builder Pro which sounds very good for building your list.

A final positive achievement has been getting a few new sign-ups to Success University.

Near future considerations are to get another opt-in page built, getting and learning about RSS feeds, continuing to optimize my site and blog, and promoting my affiliate programs more.

Here are my stats for July 17-Aug.17, 2006:

SFI: Personally sponsored affiliates = 8, EA status = 0

IMC: Personally sponsored affiliates = 4

Empowerism signups: Free members = 2

Host4Profit signups = 0

Traffic Swarm downline = 8, 1 upgraded to PRO

Newsletter Subscribers = 41

Website Traffic daily low/high = 124/356 unique visitors

Original Articles written = 56

Full PIPS signups = 0

Success University: strong leg active Premium members = 311, 2 active personally enrolled students

Link Popularity = 1122 (website), 507 (blog)

Google PR website = 4
Google PR blog = 3

Total Earnings (all time): $108.26

About the Author:
Liane Bate owns a Plugin Profit Site web business, and is a member of Success University and the IAHBE.

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It can be seen that uk insurance is doing well through better operations. With the increase in home business income more and more people now prefer work from home business. Keeping in view the index of amex a lot of decisions are made. Investment banking is directly affected and as the market turns bearish real estate investing flourishes. A proper and discreet debt management system has to be implemented in this case.

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Aug 14, 2006

Blog Soldiers New Owner and Member Bonuses!

Blog Soldiers is one of the ways I have been getting increased traffic to my blog and website, and I joined for free! Basically, it is a traffic exchange for blogs rather than the regular advertisments, and you surf for credits much the same way you would in a regular traffic exchange. You also get the opportunity to read and comment on other people's blogs, which can be a great way of getting backlinks to your site. My blog is one of my largest traffic generators, so adding my blog to Blog Soldiers has been extra beneficial for me. I want you to benefit too, so check this out...

Recently Blog Soldiers was sold, repurchased, and relaunched, and you don't want to miss out on the member incentives that are in effect for the remainder of August/06!

Take advantage of these member benefits:

1) 50 referral credits for all new members you refer.
2) 50 bonus credits on surfing 50 sites for new members who join.
3) Surfing Contest for the month of August, the Top 10 surfers will receive up to 500 credits for having the most pages surfed between Aug 15 and Aug 31. Top surfer gets 500, 2nd gets 250, 3rd 150, 4th and 5th get 100, 6th-10th get 50.
4) Membership contest. In ADDITION to the referral bonus, the member with the most sites referred will get 500 credits with the same bonus structure as above.
5) REDUCED PURCHASE PRICE FOR CREDITS! I have reduced the price on purchasing credits for THIS MONTH ONLY! It is now $8 - 1200, $14 - 2500, and $24 - 5000.
6) If you post on your blog about the purchase and relaunch of blogsoldiers, you get 50 credits IN ADDITION to any referral credits that post generates. (Please open a support ticket, send me the permalink and your username).

To your Blog Soldier Success!

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