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Is competition in mlm network marketing a good thing
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Is Competition In MLM Network Marketing A Good
Thing?
We’re animals. Our entire lives, we spend our time doing nothing but trying to claw our
ways to the top. In high school, it’s all about fighting to beat everyone else to the Top 10
spots so you can make it to Harvard. In college, it’s about outperforming everyone else
so you can get that high-powered internship. In your internship . . . Well, you get the
idea. Eventually, the competition gets old, and by the time you get to running your own
MLM business, you’re probably sick of it. But, in the world of MLM Network marketing,
competition is a good thing. Don’t believe me? Read on…
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Contact for more information: www.NateLeung.com/contact
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A Pinch of Commonsense
Competition can be frustrating, and it’s precisely what makes business so challenging,
but it’s also absolutely essential for the process. Just think: If there were no competition,
one vendor would have control over his or her entire market. If that were the case, there
would be no innovation, and prices would be totally independent of the customer’s
desires. This is, of course, exactly what happens in a market that features a monopoly.
Common sense tells us all this is true. Common sense also says you wouldn’t buy from a
monopoly if you had a choice. Most MLM products are sold through distribution outlets,
you find a customer, you fit their needs and desires and they buy from you. This is a
process where you have to figure out your target market, and finding out how your
prospects think, what is the solution for the problem that they are looking for? You
having a solution that will solve your customer’s problem is important. Once you have
built the know, like and trust factor, your customer will never leave you. It’s a necessary
condition for you to become successful in your MLM business.
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Contact for more information: www.NateLeung.com/contact
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Why competition in MLM Network Marketing is a good thing
The advantage you have as an MLM Network marketer is that you have access to what is
usually a unique variant of the products people are looking for, which is something you
can capitalize on (a business opportunity). Furthermore, you can usually offer very
competitive prices, often lower than those they would pay at most of their normal
outlets. This gives you two advantages: One in terms of branding, and one in terms of
price. And it is precisely your price and branding relative to those of the other vendors
that makes you a favorable option to the consumer.
If there were no demand, your customer would have no reason to buy from you in the
first place. In fact, they’d have no outstanding reason to buy at all. Most MLM products
offer solutions, after all, so if there were no demand, most customers wouldn’t buy the
product unless it offered some type of value that they can see will benefit them. Just
remember, that the “marketing” aspect of MLM Network Marketing is not selling, or
moving products. It’s offering solutions to help better your customer’s life.
4. Learn more about the author: www.NateLeung.com/about
Contact for more information: www.NateLeung.com/contact
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Now, it’s your turn!
Have you experienced competition in your MLM business? How do you separate
yourself from your company’s competition and others who are not part of your
downline? Please leave your feedback in the comments section and I look forward to
reading them.