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Making money with social networking sites
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work2bfree
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Joined: Sat Aug 18th, 2007
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 Posted: Thu Apr 10th, 2008 08:11 pm

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I am referring to online communities PMHayes.  I am fairly new to the network marketing industry, so I am not yet familiar with all the various aspects of networking on the internet. Could you please tell me what a newsgroup is?



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Lawren

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PMHayes
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 Posted: Thu Apr 10th, 2008 09:08 pm

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They are online communities organized around a common interest, sharing news on those interests. So, you are new to MLM, or to Online marketing?



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work2bfree
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 Posted: Thu Apr 10th, 2008 10:51 pm

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New to online marketing. 

I was involved in an MLM for about almost 4 years, but then my upline left as well has his upline and so on and so forth.  Inevitably, my group fell apart. 



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Lawren

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PMHayes
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 Posted: Fri Apr 11th, 2008 01:47 am

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That kinda Sucks, Lawren. I have had a downline leg evaporate on me before, but that's not too hard to recover from. An upline disappearing, that would be tough. What business was that?



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work2bfree
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 Posted: Fri Apr 11th, 2008 01:59 am

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It was Herbalife.  I guess I could have gone further up the chain but at this point, I was frustrated with trying to market a health and wellness business that required people having to make changes in their lifestyle that took too much effort.  It just seemed that everything else that requires work on people's part, they did not want to do the work to get the results. 

I don't understand this kind of mentality, most times in life, if you want something to happen, like losing weight, a better paying job, or a successful business, you are going to have to make it happen.  Yes, often it means work and possibly a lot of it. 

Because so many people don't want to make things happen, this is probably why so many people fail at so many things.  I wanted to lose weight.  I weighed close to 200 pounds.  I am 5'8 1/2 inches tall.  I lost almost 50 pounds.  Did it require work? Yes, but I was tired of looking at what I considered a fatso everyday and whining about why I can't find a boyfriend.  This was eight almost nine years ago.  I still kept the weight off and my boyfriend and I have been together for about 5 years now. 

If you want something better in life, go get it.   Work hard and you will succeed and if you don't at least learn from the experience and do it again using what you learned so you don't make the same mistake. 

Success is inevitable for those who are willing to sacrifice, work hard, fail, make mistakes, and move forward.  Doing a little or doing nothing gets you just that, a little or nothing.  A better way of putting this is you reap what you sow. 



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Lawren

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PMHayes
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 Posted: Fri Apr 11th, 2008 04:58 am

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I must say i agree whole heartedly. My signature file says it all. Nothing of value, certainly nothing of lasting value ever happens by accident. One person put it another way, "the definition of insanity is to keep on doing the same things expecting a different result." I like the biz i am in now, because it is set up to work passively (just by investing in the company one can reap profit sharing rewards) or actively (recruiting, selling, etc.). I can offer that person who does not want to sell, recruit, talk to people, etc. a way to earn on the whole company, and i can offer that person (like me and it sounds like you, as well) who will do the things that have to be done to grow a profitable business, an even greater financial reward.

The thing that bugs me, is, how can an entire upline just evaporate? I suppose it must have happened from the bottom up, like someone above you bailed, then someone above them, and so on and so forth. Did the downline not just roll up to the next person above the one who quit? That's just too wierd. Herbalife had good products, i have used them in the past, a long time in the past, mind you. I never considered becoming a distributor, though i knew one or two. I don't know how good or not so good the compensation plan was. My friends make a little money, not a ton, but not bad, either. But they were in it primarily to use the products.

I think another thing that causes businesses to evaporate is saturation.  Once you reach a certain point, there are so many of you around, the market share begins to diminish rather significantly. Case in point - Amway. In it's day, that was one heck of a good opportunty. I know people who became very wealthy with Amway. But as it became more and more a household name, fewer and fewer people were making the really big money. My stock broker friend says, "the time to be on the corner is when very few people are there, and the time to get off is when it becomes crowded!" He's right. Every company, MLM, Corporate America, whatever goes through a growth curve. The trick is to find the one that is just about to or is just in the very beginning stages of hitting it's accelerated upward curve. I think, for once, after trying several times, i have finally accomplished that. We'll see.

 I think i have gotten "off point" as my old Philosophy professor used to say. The point was, if i can even remember it now, upline evaporation. Sounds like some kind of meteorological term, doesn't it? Today the high will be in the low 60's and dry because of massive upline evaporation, LOL. Oh well, i better stop before this degenerates into what my wife calls a bunch of nonsense, or what my dear old philosophy professor would call unitelligible psychobabble.



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work2bfree
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 Posted: Sat Apr 12th, 2008 03:36 am

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I am not sure what happened.  No one would talk about it much to many people in the downline.  All I know is that I had a sponsor I would regulary talk to and the next thing I knew, he disappeared and I have no clue what happened. 

His upline jumped and went to another company.  I forget the name of it, but it is a popular one.

The top of our upline, who is a chairman, was diagnosed with breast cancer and had gone into semi-retirement.  I don't know who was in our upline.  I know one person, who was below the chairperson, was supposed be getting things rolling, but I have no clue where that went. 

It just got too confusing and I was tired of the lack of support or direction.  I was also not ready to take the lead.  I still had not developed any leadership skills, too shy and introverted.  I am just now starting to blossom and become more outgoing.

PMHayes, you sound like someone who has a lot of experience in the field of marketing and owning your own business.  Have you achieved success yet or are you still working on this?



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PMHayes
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 Posted: Sun Apr 13th, 2008 03:24 am

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I am very successful, not only monetarily, but personally. I think this business does a lot to help one grow as a person, as well as financially. I have failed miserably in the past, and have learned from those failures. Some reasons for failure are beyond ones control, such as poor upline support, lack of training, product cost, etc. Most people fail in MLM due to poor upline support, and insufficient training. I make it my aim to do both well for my downline. The things we can control are our own actions, getting out there and talking to people, following up with prospects, downline, etc., personal development, education and product knowledge, and so forth. You have to talk to a lot of people about your product and your opportunity. You have to be willing to hear the word no. You have to be able to handle objections. You have to know how to "invite" (see Tim Sales' Become a Professional Inviter). You have to have a thick skin. It takes time patience and making a lot of mistakes to get to where you are good at all of the above. Most people who fail never make it through that gauntlet. If they had better support and better training, more of them would.



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PMHayes
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 Posted: Sun Apr 13th, 2008 03:29 am

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One last comment. MLM is very simple. It's NOT easy, but it is very simple. It's a numbers game. Get the opportunity in front of enough people to find that handful of individuals who will duplicate what you are doing. MLM works. I get sick of all the internet  articles and blogs that say MLM is dying, it won't work. Wilbur and Orville wright must have gotten sick of all the people who poo poo'd on their dream. Or how about Thomas Jefferson, he must have had numerous nay sayers. I'm glad he didn't listen, or i would not be typing these words into a couputor. I would be scribbling on a piece of parchment in candle light, and, well, you get the picture.



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learntosucceed
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 Posted: Mon Apr 14th, 2008 01:40 pm

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To closed lips- "Also it has gotten a little over five hundred hits, but for some reason I can’t get these people to follow the link to my website. The traffic that I’m getting is targeted, so I know that it relevant to the people viewing it.
 
So if anyone out there has any advice on how to remedy this problem please post."

Have you stopped to communicate with any of these 'friends'?  People collect 'friends' on social networks for several reasons.  Unfortunately sometimes the biggest reason is 'status' in how many friends they can have.

If you believe you are getting targeted traffic, but they are not going through to your link, then maybe it is time to consider building a relationship with some of them.   Send a message back thanking them for their friendship and asking them what drew them to your page?

Was it your picture, was it the message, what was it?  If we simply request and accept friends and then expect our business to grow on that basis, we are setting ourselves up for a fall.   I've heard network marketing termed as a 'relationship business', a 'contact sport',  a 'meeting of like minds', etc..... key here is relationships - contact-like minds. (my opinion).

Bottom line - If you want to know why you're not getting visits to your website, then you're gonna have to ask and the best ones to ask are those 300+ friends.





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fred333
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 Posted: Thu Apr 17th, 2008 02:26 pm

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I think Social marketing is very hit or miss. I think it really depends on the subject matter.



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 Posted: Thu Apr 17th, 2008 03:30 pm

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Using social networks to make money isn't difficult at all.  Simply apply a few key elements and watch what happens:

1.)  Profile - keep it professional, use your real picture and brand your face with your name and offer a great incentive to keep people coming back.

2.)  Write informative blogs that will keep people coming back for more information.

3.)  Communicate with people openly, without spamming.  Makes a huge difference.

Cheers!

Rex

 



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PMHayes
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 Posted: Thu Apr 17th, 2008 07:08 pm

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Blogging effectively is a talent i truly need to learn. I have lots of ideas, some good and some not so good. Where i struggle is in communitcating them in that format. I can write an article, or a research paper, but blogging is a different animal, is it not?



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 Posted: Thu Apr 17th, 2008 07:26 pm

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By definition, I guess blogging would fall somewhere between journaling and an essary... I just focus on providing solid information that will be of a benefit to the reader, so I can keep them coming back for more.

Put your ideas down... just keep your links and your business out of it.  Use your name and picture/avatar to drive the traffic and you'll see results!

Cheers!

Rex

 



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PMHayes
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 Posted: Thu Apr 17th, 2008 09:35 pm

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Are signature files with links alright?



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FreedomFire
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 Posted: Thu Apr 17th, 2008 09:45 pm

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No sig files with links aren't alright in a blog....really they aren't neceassary.  You can have text links in your article if appropriate (a tool or helpful product/service).  But your actual links will be elsewhere in your blog. 

See one of mine for an example:  http://Best-MLM-Resources.blogspot.com

Now for articles you "post" elsewhere (such as submiting to article directories)....yes, sig files with lonks are appropriate and suggested. 

God Bless,

Michael



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rexharris
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 Posted: Thu Apr 17th, 2008 09:54 pm

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Agreed... if you are branding yourself correctly and setting up your profiles the right way, all you need is your name and your picture.

Signature lines are okay in certain applications, but they don't belong in blogs.  Blogging for marketing is giving unconditionally and letting the law of attraction work for you. 

Help enough people get what they want in life and you will have everything you can ever dream of and more!

Cheers!

Rex

 



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billrowe
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 Posted: Fri Apr 18th, 2008 05:02 am

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I don't hink its hit or miss at all. You can have great success with social networks if like Rex says you follow a few simple rules. I have seen people use sites like YouTube and MySpace to do network marketing. It all has to do with doing a little home work and finding your target audience. They are out there on these sites. Use the searches to find them. Just like anything it might take a little work to get the results you're looking for.

Bill




fred333 wrote:
I think Social marketing is very hit or miss. I think it really depends on the subject matter.



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 Posted: Fri Apr 18th, 2008 08:27 pm

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For those of you who are also members of Linked-In you're probably familiar with the name of Ron Bates, LinkedIn's most-connected user, with around 40,000 direct connections. (If not, you can check out his profile at

http://www.linkedin.com/in/ronbatesprofile)

Despite this, for many people, Ron is still a bit of a Man of Mystery.

However, Ron was generous enough to spare 20 minutes of his time this week to talk to my friend Stan Relihan on Stan's Podcast, 'The Connections Show', about Ron's insights & experiences with LinkedIn.

Whether you're involved with Linked-In or not this a is a good learning opportunity for how to succesfully network online and off. The tips Ron will share can be applied in most any networking venue....not just Linked-In.

If you're interested, you can catch it here:

http://connections.thepodcastnetwork.com/2008/04/06/connections-028-the-worlds-number-1-linkedin-user/

Even if you're not into Podcasts, I think you'll find this one worth listening to.

God Bless,
Michael



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Tom Lavigne
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 Posted: Sun Apr 20th, 2008 08:53 pm

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    In the process of trying to create more duplicatable systems, network marketing is seeing an influx of new marketers who only know one way to find leads. Every single day I see a new work from home business advertisement talking about great products, benefits and of course the chance to get rich from home. If you know anything about network marketing you know that type of advertising won't bring you QUALITY leads. The leads that you do get won't always be the kind you want. Not to mention you will probably go broke.

So lets break it down further. You have network marketers who are spending a fortune on advertising bringing them little to no leads and having no idea as to the type of lead they are getting. That is no way to grow a business. You want to attract leaders into your organization. I know you have probably heard that time and time again. Thats probably because its true. You will grow a business faster with a few leaders in your downline than you will with a hundred followers that just want another get rich quick scheme.

So how do you find the quality leads that will help you grow your business?

The answer is social marketing or otherwise known as social networking. Not only are most of these sites free but they also allow you to control the type of people (prospects) you talk to about your business opportunity. Most people who start a home business don't have a lot of extra money to waist on advertising. This is a great way to use your passion for your product or service and your love for people to turn your business into residual income.

Social networking sites like Myspace, Directmatches, and Wowzza will allow you to target other business owners and other network marketers who might benefit from your product or service. By doing this you know your at least dealing with people who are ambitious enough to be in business for themselves. This will insure that the distributors you sponsor will more likely be the type of people who will become the foundation of a hard working, money making downline. This is essential.

So before you get run out and fire up an expensive paper click or solo ezine ad, make sure you create a few profiles and learn how to network your way to a successful home based business.





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