Step 3: The Success Cycle
The whole System revolves around the Success
Cycle. To be successful you will need to understand and follow the Success Cycle and keep on repeating it. Repetition
of the Success Cycle is the key to your ultimate success.
1.Name List 2.Invitation 3.Presentation 4.Follow
Up 5.Enroll and Train
A. The Name List
This is where it all begins. You will need to take the time to
list down at least 50 names of people that you know. Do not pre-judge whether these people will be suitable or responsive.
Just make a list of 50 names of people you know.
You will need to include the following details:
1. Name 2.
Address 3. Telephone numbers 4. Email address 5. Occupation
This list should be updated regularly.
Here
is a memory jogger to help you with the name list.
MEMORY JOGGERS
WHOM DO YOU KNOW
Who looks like Tom Cruise
That you met on a plane
Who flies planes
In radio/TV
Named Debbie Who needs extra money At the gym Who just quit smoking Who looks like Tina Turner Who just
moved away In politics
WHO IS YOUR
Mail carrier Newspaper carrier Dentist Minister/priest/iman Florist Lawyer Insurance
agent Accountant Congress person Pharmacist Veterinarian Favorite waiter/waitress Chiropractor Butcher Baker Bank
officer Printer Optometrist Travel agent Hair stylist Photographer Architect Exterminator Dry cleaner Mechanic Landlord Grocer Carpet
cleaner
WHO SOLD YOU YOUR House/condo Computer Carpet Car TV/stereo Wedding rings Glasses/contact
lenses Vacuum Boat Camper Furniture Air conditioner Appliances Tupperware Tires
WHO IS RELATED
TO YOU.
Parents Sisters Brothers Aunts Uncles Cousins
WHO
Lives next door Lives down
the block Lives across the street Lives upstairs/downstairs Teaches your children Was your best man/ushers Was
your maid of honor/bridesmaids Are your babysitters parents Was a service buddy Did you go to school with Used
to be your teachers/professors Is your old boss Fixes your TV Worked with you in past jobs Went with you to the
beach Owns a restaurant Installed your appliances Is president of the PTA Is in the local Chamber of Commerce Is
a policeman Is in the military Works at the video club Is an actor Is an author
ALSO..
Get
out your holiday cards list. Your address book and any business cards youve collected. If someones name is in there they
should be on your list. Take out the Yellow Pages and flip through from A to Z to refresh your memory.
B.
Invitation
Here are some guidelines for your invitation:
1.Have posture. Speak with confidence and make
it serious. This is a multi million dollar business opportunity that you are presenting your prospects with. Do mention
to your prospect that you are only inviting a limited number of people and appreciate that they seriously commit their
time to it. Otherwise, you will need to invite others first and fix a later appointment for them.
2.Use the
curiosity approach where possible. Do not mention the business you are in or the name of the company. The reason is
that most people have a negative perception of network marketing. The moment you mention Network Marketing or Multi-Level
Marketing, they will become defensive. Therefore, in order to have the opportunity to give them the correct information
it is important to have their time to explain to them about the truth of the industry.
You could mention that it
is a home-based business or relationship marketing business. Also, say that you need to have at least one hour of
their time to discuss about the business in more detail. It will not be fair to talk to them now because you are not
prepared and time does not permit. Tell them that the business may not be suitable for them but they should at least have
a good look at it. There is no obligation on their part to get involved. This will ease them so that they do not become
defensive.
Your objective is to get an appointment to show them the full presentation. If the prospects know that
you are with a certain company and that you are involved with network marketing, you need to tell them the truth.
Do not try to lie. Tell them Yes and ask them what they know about the company and the network marketing industry. Listening
to them will reveal the extent of their knowledge about the company and the network marketing industry. You will then
be able to provide them with relevant information to assist them to make a better decision.
3.Give your prospects
a choice of two dates. For example, Will 8.00 pm on Saturday or Tuesday be suitable for you?
4.For the FIRST business
presentation, it will be advisable for you to fetch your prospects.
5.If your prospects are going to the business
presentation on their own, you need to be at the venue of the meeting early to welcome them.
6.Call your prospects
to remind them at least 24 hours before the meeting.
7.Invite more than what you expect to attend. You can expect
at least half of them to not turn up at all.
8.Be aggressive in your invitation, but do not appear to be too pushy.
If the prospects appear uncomfortable, please change your approach and maybe talk about something else that they may be
interested in.
9.Where possible invite both spouses. Both of them need to hear about the business. We do not want
the situation where one party attends and gets excited, but later changed their mind because of the negative influence
of the other party who did not attend and therefore does not have the relevant information.
10.Inform your prospects
that this is a business presentation, and therefore preferably they should not bring along small children.
C.
Presentation
Effective presentation is the key to getting your prospects to join you in your network marketing
venture. Whichever meeting you are conducting, the following guidelines will be helpful:
1.You must be prepared.
You must be prepared with the knowledge, tools, attitude and mind-set.
2.You must have the necessary UNINTERRUPTED
time of at least 45 minutes.
3.You must have the necessary tools. This includes the business presentation file,
product samples for display and demonstration. For bigger meetings you may need the use of slide projector, multimedia
projector, or personal computer. 4.If food and drinks are to be served, make sure that
it is served after the presentation is complete.
5.Make sure that the meeting is uninterrupted. There should be
no children running around or pets in the venue.
6.Edify the speakers and your upline leaders. This is crucial
to give them posture. As an example, if your upline is a motor car mechanic, do not introduce him as a mechanic.
You can instead say that he is in the motor car industry, which will give him better posture, but please do not lie.
7.Make
the presentation short and simple, and follow the system set up by your upline leaders.
8.Act enthusiastic. You
will pass your excitement and positive vibration to your prospects.
9.Have two or three excited associates share their
experience. This should not be more than three minutes each.
D. Follow Up
Guidelines for effective follow-ups
1.Follow-up
should be done within 48 hours. This is to ensure that the prospects will have sufficient time to make their decision.
But most important it should not allow them to have too much time to receive negative feedbacks from ignorant people.
2.Follow-up
should serve as a mean to provide the prospects with additional information to assist them to make better decisions.
3.Always
leave something informative and of value with the prospects. It could be a brochure, book, tape, video or CD. This will
allow you to contact your prospects for further follow-ups.
4.When you are new it will be useful to bring your
upline leaders along.
5.Again be aggressive but not too pushy.
6.If you are visiting your prospects in their
homes please make sure that you call them earlier to inform them of your intention. Be tactful and make the appointments
at a reasonable time. For example do not visit them when they are having their meals or when it is late at night.
7.Make
the visit short. Be brief with your follow-up. Watch the prospects for their reaction and body language.
8.Be enthusiastic
and talk about positive news and events relating to the products and business. Talk about new achievements or testimonies
of effectiveness of the products.
9.Plan your follow-up. Plan who to visit and the purpose of your follow-
up. Are you trying to sell products or show your prospects about the business opportunity? Plan your route as well. This
will ensure that you do not waste time travelling.
10.You can only help those who want to help themselves. As a
general rule if a prospect or distributor shows no interest on the third follow- up, just leave him alone for the
time being. Spending too much time with them will de-motivate or demoralize you instead. Follow-up with them later
when you have the time or when you have better success to talk about.
11.Be patient at all times. You do not want
to make a bad impression or anger the prospects or distributors.
E.Enroll and train
Once the prospect make
a decision to join you, you now have the responsibility to assist, train and motivate them.
Always keep in touch
with them by phone or email. You should always encourage them and never, never, never talk about anything negative to
them.
Encourage them to follow the System that is set up by your leaders.
Ensure that they have the relevant
information and tools to get started. Remember that the success of the SYSTEM depends on you. You need to follow
the Success Cycle, and teach others to do the same. Duplicate the system to them and you will have a large and powerful
network.
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