Strategy is requisite for every work particularly when you are in MLM business. Share of top MLM companies are no less than in the range of 5-8% in Fortune 500 list. There must be something different strategy which make them winner. We are going to figure out some winning strategy being used by top MLM companies.
Placement policy: The main criteria underlying the distribution strategies are: the dimensions of the distribution channel, the size of the distribution, the degree of company participation, control degree, elasticity degree and the logistics of goods. A strategy of top companies is to reduce time that passes since the order was placed by the representative until the ordered products are delivered to representative residence.
Recruitment policy: Success story is being created by your members or down line. Hence recruitment policy implies key aspect of any MLM company.
Top MLM companies Follow Below Recruitment Policy:
- Develop long-term customers, and recruiting comes naturally.
- Mentor your new Distributors and share your personal success experiences.
- Check consistently. Communicate with your down line by phone, in person and via email.
- Encourage your down line to attend events and take the time to meet them at trainings.
- Tap into your Circle of Influence by asking for referrals.
- Company events to online tools; provide best training and sales support.
Utilizing Unique Selling Proportion: USP is the distinguishing factor that separates you from your competition. It is the key reason your prospects should buy from you. It should be the centerpiece of all your marketing efforts. That is what set top companies apart from others.
Informative and Convenient Direct Marketing Software and Website: A common thread that binds all top network marketing companies is use of one of the best website and software for their MLM business. Informative website which makes visitor comfortable in searching all content; convenient MLM software for all hassle free services is prerequisite for any MLM company.
A successful MLM companies required dedication toward everything right from recruitment to promotion. Taking a leaf out of top MLM companies surely provides a great insight for your MLM business.