Retention Rate

The Only 3 Reasons Prospects Will Join and Stay With You in Business…

by Wayne Wu on September 16, 2010

in Prospecting & Sponsoring

The Only 3 Reasons Prospects Will Join and Stay With You in Business

Build Know, Like and Trust

I was thinking as I sat in front of the computer, and a thought popped into my head really intrigued me…

Network Marketing is a fascinating industry – At one end of the spectrum, we have multi-million dollar leaders who have built huge organisations and maintained them over decades, earning millions upon millions in passive income.

At the other end of the spectrum, there are the hitters who able “sell” to masses of people, but can’t keep anybody. They tell you that there’s no such thing as residual income in MLM anymore, just piddly downline checks, and there’s a way better “get paid today” deal.

Quite a striking difference, but why so? How can these two types of people who have the same opportunity have vastly different results? [click to continue…]

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Voodoo MLM Economics: How Companies Twist The Facts

by Wayne Wu on February 12, 2010

in News, Alerts, Warnings & Scams

A network marketing company must keep it’s distributor force and grow it, otherwise there is no network marketing company. That’s not an easy thing to do for the companies, considering there are endless competing opportunities. Individual reps have a high tendency to quit, or jump to another company in order to find success.

So in order to keep their reps from leaving, they need to make themselves look good. Companies need their reps to think they are the best thing since sliced bread. But… some MLM companies are willing to lie, or use deceitful practices to paint a glowing image of themselves, desparately trying to retain their distributors and gain new ones.

They don’t lie directly. However they don’t tell the full truth either. They use voodoo, black magic, sorcery to twist the facts and spin the numbers. There are a lot of facts they can spin to make themselves look like a great opportunity. [click to continue…]

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