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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PURPOSE OF THIS PRESENTATION

• To dispel some of the myths surrounding MLM
• To differentiate between legal MLM Scams
• To help people to a better understanding
• To highlight some advantages of MLM

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THE INDUSTRY IS GENERALLY KNOWN AS NETWORK
MARKETING

• OR MLM
• MULTI-LEVEL MARKETING

Approximately 210,000 New Zealanders
involved Some 700,000 Australians involved Is one
of the fastest growing Industries in the World
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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 Associate or Rep you have a
  binding agreement with the Company that gives you
  certain rights
• Own and Operate your own business under the
  umbrella of the MLM Company
• Acquire customers who use/purchase services or
  products on which you earn income Residual
  Income
• Recruit Associates to be part of YOUR Business
• Who will also Acquire Customers and Associates on
  which you get paid The Power of Leverage

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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
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THANK YOU FOR TAKING THE TIME TO WATCH OUR
SHOW WHICH WAS PRESENTED ON BEHALF OF TEAMODYSSEY
If you have any questions or would like to learn
more, please contact the owner of this website on
their email address as shown. They will be more
than happy to assist you. You can also contact
Dave Neilson direct at teamodyssey_at_ihug.co.nz
please supply your contact phone number and whose
website you found this on as this will help us
Thank you