UNDERSTANDING NETWORK MARKETING

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UNDERSTANDING NETWORKMARKETING

• PYRAMID SCHEME
• OR
• LEGITIMATE BUSINESS..??

PRESENTED BY Dave Neilson Retired Accountant
of Wanganui, New Zealand
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THE INDUSTRY IS GENERALLY KNOWN AS NETWORK
MARKETING

• OR MLM
• MULTI-LEVEL MARKETING

Approximately 210,000 New Zealanders involved
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PYRAMID SCHEMEOR SCAM ..??

• There is a huge difference between what is LEGAL
  and what is a SCAM
• So called Pyramid Schemes are illegal in most
  Countries
• Money exchanges hands BUT generally no products
  or services are involved

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THINGS YOU NEED TO ASK YOURSELF

• Is the organisation a bona fide Company?
• Who is determining what the Joining Fee is?
• Who gets paid the Joining Fee?
• What do I get for my money?
• How do I make my money?
• If any of these questions are suspect, chances
  are it is a scam and illegal

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MAIN CRITERIA FOR A LEGITIMATE MLM BUSINESS

• Generally is a Registered Company
• Joining Fee is payable ONLY to the Company
• Joining Fee is to cover the companys costs
• Reps earn NO income for recruiting
• Goods or Services MUST be exchanged before income
  can be earned

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BUT ITS ONE OF THOSE PYRAMIDS

• Never ridicule the person who says this to you
• They generally dont understand and are not going
  to admit it, so say the first thing that comes to
  their mind Its one of those pyramids
• Simply ask them, What do you understand a
  pyramid is?
• Also add, Did you know that pyramids are
  illegal in New Zealand?
• Never enter into dispute you LOSE..!

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THE EASIEST THINGFOR SOMEONE TO SAY WHEN THEY
DONT UNDERSTAND

• IS
• IT DOESNT WORK..!!
• Its a Pyramid

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WHAT IS A PYRAMID..??

• Well, its probably the shape of your family tree
• Its the shape of most companies
• Its the strongest structure known to architects
• It is NOT the shape that most people have a
  problem with.
• Its the PERCEPTION that the People at the top
  make all the money, while those at the bottom
  dont

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You probably work for a Pyramid Scheme.??
So where is any company different?
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NETWORK MARKETING ISRELATIONSHIP
MARKETING
Its Focus is all about BUILDING
RELATIONSHIPSandNOT ABOUT SELLING
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NETWORK MARKETING ISNOT ABOUT SELLING

• If we focus on selling services or products we
  will not succeed long-term
• Network Marketing is all about providing a
  SOLUTION - for people
• Who have a NEED WANT or DESIRE
• The Business Opportunity itself
• Or in the area of Services or Products

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AND IT's NOT ABOUT YOU

• Unfortunately many use modern day selling by
  persuasion tactics
• Who likes being SOLD to..?? Or Selling..??
• The old English dictionary definition of
  Selling is to SERVE HELP
• What is the PURPOSE of your business..?
• To make money..? That is YOUR AGENDA
• If we focus on the PURPOSE we will achieve
  our AGENDA
• This will eliminate FEAR - REJECTION

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PEOPLE ARE NOT INTERESTED IN YOUR AGENDA

• Unfortunately, far too many MLMers are too
  focused on their AGENDA too make money
• Your Prospect is ONLY interested in Whats in
  this for me themselves, and that is human
  nature
• If the PURPOSE of your business is to HELP people
  and you focus on that guess what happens?
• You achieve your AGENDA

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ADVANTAGES OF NWM - MLM

• Work from home
• Own your own Business
• Be your own Boss
• Low Start-up costs
• Low Overheads
• Low Risk
• No employees
• Huge Tax write-offs

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2 to 5 YEAR COMMITMENT

• TO REALISE YOUR DREAMS
• TO CREATE FINANCIAL FREEDOM
• TO CREATE TIME FREEDOM
• TO LIVE VERSUS MAKING A LIVING

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COMPARED TO

• 40/50 years hard labour
• Too busy making a living to HAVE A LIFE
• DREAMS are just Day-Dreaming
• By age 65
• 95 of people are BROKE
• 2 live on the Breadline
• 2 are comfortable
• Only 1 are WEALTHY..WHY?
• The MECHANICS OF WEALTH ARE NOT THERE

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MLM IS THE FAIREST WAY TO EARN A LIVING

• It is an equal playing field
• Everyone has the same opportunity to succeed
• YOU determine what you are worth
• Invest in YOURSELF unless you think that is not
  a worthwhile investment!!

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OUR HUGE ADVANTAGE..!!

• Take a minute to consider what you have look at
  what our Solution means and why it is so
  valuable.
• As an Independent uVme Associate you have a
  binding agreement with the Company that gives you
  certain rights
• Own and Operate an Online Skill Games Site
• Acquire Game Site Players
• Recruit Associates to be part of YOUR Business
• Who will also Acquire Players Associates on
  which you get paid

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THE INCREDIBLE BONUS

• You also have the rights to introduce those
  rights to as many other people as you wish who
  can do the very same thing.!!
• Thats like having a McDonalds franchise and
  selling a McDonalds franchise to others.!!
• That is unique, powerful and very valuable, and
  puts YOU in the drivers seat

Especially when you learn to do quality
Interviewing instead of Prospecting