Some of the most demanding Distributors are the best Distributors and have been the lifeblood of the team.
Jeffrey J. Fox wrote the following in his book How To Become CEO:
Customers are the lifeblood of any company. Everybody should know this. Everybody says “the customer is king” and “we work for the customer” and [...]
Archive for April, 2007
25 Apr
GET AND KEEP CUSTOMERS
14 Apr
Who do you compete with?
MLM Competition can be good for your business if you don’t lose your focus on how to do the business.
What do I mean by lose focus? Many new Distributors overlook the significant relational aspect of the business and do things that cost them money with little return. That’s good for you because it [...]
12 Apr
Company Marketing
Thinking about starting a Network Marketing Company? Well, here are a few basic tips you get from getting degrees in Management, Marketing, and Accounting.
Stay with the Multi-level Business Model. The reason for this model is to cut marketing, distribution cost, etc. and use the power of word-of-mouth (nothing more powerful). This allows [...]
10 Apr
Who is Your Customer and Competitor?
An excellent book written by Elizabeth Haas Edersheim, The Definitive Drucker, talks about some of the key business concepts that Peter Drucker used in consulting.
Many companies haven’t defined their customer and their competitor. One of the first questions that Drucker would ask in any consulting engagement is “Who is your Customer?” That’s a basic [...]
4 Apr
Goals
If you enjoy humor and satire you might enjoy the movie O Brother, Where art thou? staring George Clooney. What do I like about the movie? It reminds me of a lot of people who live life without direction or compass (The sound track and music is great!).
George Clooney was the silver-tongued Ulysses [...]
3 Apr
Compensation and Perks
When doing due diligence on an MLM company one of the key areas is evaluation of their compensation plan. First, compare the target company plan to industry. For example, it would not be proper accounting to consider “wholesale discounts” as part of commission expense. Therefore, any comparison to industry would have to [...]