When you’re first starting to build your MLM business online, you’ll get overwhelmed. It happened to me too…. until I learned the 5 components of successful internet marketing systems. What are these 5 components?
1. Market
2. Offer
3. Traffic
4. Email Marketing
5. Duplication
Your business must include all 5 of these components to maximize your earning potential.
Your Market
You’re looking for a market that has people looking for solutions to their problems. These people must also be willing to spend money to solve those problems. And lastly, these people must be easy to reach. If you can’t meet these requirements, keep looking until you find a market that does.
Your Offer
Creating an offer that is a solution to your market’s problems is a key element of attraction marketing. This is how you attract fans, likes, and a subscriber base. For example, in the general market of MLM, there are many solutions a marketer can solve. After you’ve run out of “warm market” people to talk to, you either start purchasing leads or learn how to “cold contact”. A marketer can teach people how to generate their own leads by giving away a free ebook, report, or guide. (To get my 5-Step Guide on How to Grow Your MLM Business Online Quickly and Profitably, click here.)
Drive Traffic
Then it’s important that your site has traffic. For, what good is your offer if no one knows about it? Also, if you can’t get traffic to your site, you’re going to have a hard time staying in business. In the coming weeks and months, I’m going to teach you the specific techniques to use to generate traffic to your site.
Email Marketing or “Backend”
Don’t make the mistake I made- I took too long to build a list. Whenever you’ve gotten someone to subscribe to your updates or opt-in to receive a free report, guide, or ebook, you’re building your list. We, marketers, use an email marketing software to follow up with our lists. The reason being, software such as Aweber (aff: what I use), allows you to do this hands-free. If you didn’t, imagine having to follow up with a list of 25, 50, or even 100 subscribers! It’d take FOREVER- plus we’re all about using our time wisely anyways. (The majority of your income online will come from your backend efforts.)
Duplication: Rinse and Repeat
Once you’ve been successful in using the 4 steps above, why not rinse and repeat to do this again and again in different markets?
Duplication has been one of the major factors in my ability to build wealth
Ewen Chia
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