TITLE: Network Marketing

Network Marketing Category: Network Marketing

Shopping Mall: Network Marketing

Network Marketing Topics: Network Marketing

TOP 100 BEST BUY
Meta Search Engine
Baby Books Camera & Photo Classical Music Computer & Video Games Computers DVD Electronics
Kitchen & Housewares Software Magazines Tools & Hardware Outdoor Living Popular Music Toys & Games Videos
Shopping Mall

NETWORK MARKETING

SHOPPING MALL > DEPARTMENT STORE > NETWORK MARKETING

COMPARISON SHOPPING SEARCH ENGINE

Welcome to Network Marketing Resource

Guide on network marketing information.

Featured Shopping Site:

Used Cars Used Car History

Offers auto consumer report and trader buying guide on new and used car products and services. Guide on AutoCheck used car history report, Kelley Blue Book, NADA and VIN number

Free VIN Check | VIN Number | AutoCheck | Kelley Blue Book | NADA
Shopping Links

Shopping Mall
TOP 100 BEST BUY
Meta Search Engine
Baby
Books
Camera & Photo
Classical Music
Computer & Video Games
Computers
DVD
Electronics
Kitchen & Housewares
Software
Magazines Subscriptions
Tools & Hardware
Outdoor Living
Popular Music
Toys & Games
Videos



Shop at Shopping Mall


Assessing Your Progress

You should review your progress and as needed modify your goals or efforts to achieve them on an ongoing basis, Minireviews are fine on a daily or weekly basis. Ideally, plani more comprehensive review once a month.

What Key Factors Should I Look at in Making My Review?
When you make your review, two key factors to consider are (1) time spent and (2) results. Find out how much time you are spending for what results. Ask yourself the following questions.

My Progress in Direct Retail Sales
• On the average, how many prospects do I need to u contact to make a sale or set up a sales party?
• In general, how much time am I spending for each sale I make or each sales party I put on?

My Progress in Building a Sales Group
• On the average, how many contacts do I need and how many distributors do I need to sign up to findan | active distributor?
• How much time am I spending on the various phases of the recruiting-sponsoring process—making initial contacts and making presentations or taking prospects to meetings?
• How much time am I devoting to training my distributors?
• Overall, how much time do I need to sponsor and train one active distributor?

Calculating Your Financial Returns
After you have figured out the amount of time and ef-fort expended, look at your financial returns for your per-sonal sales and/ if you have one, for your sales group as a whole.

Financial Returns from My Direct Retail Sales
Assessing your own financial returns is relatively simple, based on asking yourself these key questions:
• On the average, how much product volume am I moving personally?
- each month?
- each week?
• What is my total commission on these sales?
• On the average, how much am I earning relative to the time I am spending (that is, approximately what is my average return per hour)?

Financial Returns from My Sales Group
To figure out your returns from your sales group a bit more complicated, since you don't have all the data yourself. If you can, get some information directly from your first-line distributors on their product volume, and when possible, ask them to report on how their own immedia distributors are doing (though don't be pushy about this only ask as you feel your distributors will be willing to share this information). You should also be able to get specific product volume data from your company's monthly statement, but getting it from your distributors gives you some advance information. Also, getting information independently from your distributors can be a way of checking ( the accuracy of your printout. (Yes, computers sometime make errors!)

Using this data, ask yourself the following key questions:
• What is the total product volume of the distribute in my group?
• How much product volume is each distributor moving on the average?
• How are my first- and second-level distributors doll compared to their distributors in my organization?
• What is my average commission per distributor?

Then, knowing your average commission per acth distributor, you can estimate how your earnings are like to grow as you increase the number of active distributors your organization. Also, since you know how much time takes to find an active distributor, you can estimate how long it will take to increase your earnings to a certain level

For example, say it takes you an average of 40 hours to find one active distributor, and each active distributor brings you an average commission of $100 a month

Therefore, to increase your earnings by $500, you need to find five additional distributors—or to spend about 20 hours in recruiting, making presentations, and training (5x40 hours average for each active distributor). C course, as these distributors bring in other active distributors, that will increase your income even more.

To estimate how much time you will need to sponsor the distributors for your group to achieve a desired level of earnings/just plug the appropriate figures into the formulas

Finally, review your overall goals in light of your assessment of your progress to date. Consider these questions in your review:
• What are my current goals?
• My most important goals?
• Do I want to change any goals?
• What is my time line for achieving these goals?
• What must I do at these different times to get where I want to be?

If you have previously reviewed your goals, you can compare your current goals with your past goals. Ask yourself, what kind of changes have occurred, if any? To compare, simply look at how you have previously answered these questions. (And, of course, keep your current review, so you can compare it with your new goals assessment in the future.)



 

NETWORK MARKETING

SHOPPING MALL > DEPARTMENT STORE > NETWORK MARKETING


Copyright 2006 © CitiMall Shopping Mall. All rights reserved. Entertainment Book - VIN Number - Free VIN Check - Kelley Blue Book - Car Insurance - Car Warranty - Used Car History - NADA - Legal

TITLE: Network Marketing

Network Marketing Category: Network Marketing

Shopping Mall: Network Marketing

Network Marketing Topics: Network Marketing