Finance » ontfadd.gq

A Home Based Business Can Be Achieved by Leveraging the Power of the Network Marketing Industry

Looking to start a home based business? Don’t overlook the multi-level network marketing industry. Besides figuring out the holy grail of the internet more individuals like you have found long-term financial freedom in the multi-level network marketing industry than any other.

Why? Simple, you don’t have to have a fancy college degree to succeed. All you have to do is work hard and know your products and market. Read on my friend and I’ll uncover what you need to do to find the right company and how to succeed.

Perhaps the most important thing to consider is the product. Why…? Simple. If you don’t believe in the product then how can you expect your future customers to believe in them! So consider the difference between companies that sell vitamin products that may or may not work or something like scented waxes that is something you probably use every day.

Personal belief is very powerful. It shows up as confidence and can be the difference between you landing a sale or a new distributor or just another sad experience being rejected.

And speaking of rejection, having confidence helps with the inevitable rejections that come with the multi-level network marketing industry. After all, not everyone you meet will buy your products. Otherwise everyone in the world would have each and every item being sold. Someone must say no to keep variety in the market.

The second thing to know is how to do basic marketing. Success and rejection is part of that research. Understanding what types of people are buying or rejecting your product is super powerful. For example, why did your sister like the scented waxes you showed her but did not like the vitamin products (or perhaps she like it the other way around.) If you track what is being purchased or rejected around you, you will have a great advantage over your competitors.

The third thing is a traditional concept: Location, Location, Location. Imagine a Burger King sitting in the middle a wheat field in Kansas. It would probably not be the best location to attract customers. For a home based business working in the multi-level network marketing industry it is a combination of being in the right location where there are enough people to introduce your products to and the timing of finding a multi-level network marketing company that is still growing so there is a sufficient supply of people to experience your products for the first time.

I won’t hide the fact that all multi-level network marketing companies will make the first few hundred distributors more wealthy than the rest of the group. But that is the same with all industries from cars to burgers. The first to the market gains the benefits of lower competition. So if you really want to make a splash find a company that is really young. But another business rule can be applied here too. The higher the risk, the greater the return. So you may find a company where you can be the first distributor. So you may stand to make MILLIONS… but… if you are the ONLY distributor the company may soon be out of business.

It is a balancing act. Do you go after scented waxes or after vitamins? Do you go after a brand new start-up that may fail or do you go after something that is really stable. If you are a hard worker, going after the scented waxes can be just as much of a successful home based business as any other type of opportunity.

The last big tip is the support group you get involved with. Here things are a bit backwards in the home based business industry than in a normal business. A normal business interviews a potential employee to see if they are a good cultural match and a hard worker… basically, a good producer. When you are looking for a home based opportunity, YOU are interviewing the company you want to work for. Specifically, you are interviewing the person that will sponsor you into your new adventure. Be aggressive and find out about your potential sponsor. Ask if you can be involved with their team calls BEFORE you start with them so you know they actually do them. Ask to talk to one of their down-line so you can find out how well they will support and train you. Ask.. ask.. ask! Information here is critical.

HINT: If a potential sponsor is unwilling to let you participate BEFORE you join or let you talk to their team, they probably are a deadbeat and will not support you AFTER you join. It’s your career… don’t be afraid to walk away and find someone you can work with, have fun with, and can learn from.

A home based business based in the multi-level network marketing industry can really work. Give yourself a chance at a great, and potentially financially secure future by remember these few simple things.

Tags: Animals Arts Business Computers Education Finance Games Health Home Internet Marketing & Advertising Online Recreation & Entertainment Shopping Society Sports

How Important Is the Fundraising Auctioneer to the Success of Your Event?

I want you to think about the term “Fundraising Auction”.

A “Fundraising Auction” is an event where items of value are gathered, and then sold in a competitive bidding situation, either in a Silent Auction format, or in a Live Auction format by a Live Auctioneer. And since typically the best items are saved for the Live Auction, arguably it is the Live Auction that should generate a significant portion of the proceeds in any Fundraising Auction.

So why do so many non-profit groups consider the Fundraising Auctioneer to be the least valuable component in a Fundraising Auction?

The Hosting Facility gets paid.
The Printer gets paid.
The Caterer gets paid.
The Liquor Store gets paid.
The DJ gets paid.
The Florist gets paid.
But the Auctioneer … the individual who is expected to raise the lion’s share of the event’s proceeds… is expected to work for Free. And is usually under-appreciated for the professional services he/she provides.

I’m not trying to underscore the value of the invitations & programs, food, booze, music, and decorations. All are important in their own way. But each of these are “Expenses”. It is the Auctioneer who is going to bring “Revenue”… and thus, the “Profits”… into any event. Which is the ultimate objective of any Fundraising Auction.

Here is a real-life example of how under-appreciated the Auctioneer can be. In two comparable events we worked last year, during the dinner portion of the event one non-profit group sat the Auctioneer (me) at a table with the DJ, the Interns, the Volunteer Staff, and other event “Help”. The 2nd non-profit group sat the Auctioneer (me) directly next to the CEO of their organization, where we chatted about how important the pending revenue would be to their organization. Which group do you think valued the services of the Fundraising Auctioneer more?

Don’t ever under-estimate the value that a professional Fundraising Auctioneer can bring to your event. The Auctioneer adds value as a pre-event consultant. And the Auctioneer can change an event from a moderate to a huge success.

A Case Study Once I was scheduled to call an Auction for a major local non-profit group. They represented a very good cause and they had a strong and dedicated following. Their event was sold out, quality Live & Silent Auction items had been solicited, and the Special Pledge Appeal had been choreographed and was ready to go. The facility was first class, the appropriate caterer was booked, and the food was ready to cook.

But quite unexpectedly, some unseasonably inclement weather forced the event’s cancellation. Despite all of the committee’s hard work, cancelling the event was the proper decision considering the circumstances.

So the Event Committee scrambled to re-schedule the event for the following weekend.

They confirmed with the Hosting Facility.
They confirmed with the Caterer.
They confirmed with the Liquor Store.
They confirmed with the DJ.
They confirmed with the Florist.
Since they already had the Mailing List of those scheduled to attend, no new invitations had to be printed as all were contacted by email or telephone. So with everything in place, the group went ahead and re-scheduled the event for the following weekend.

But guess who they failed to confirm? You got it… the Professional Auctioneer. They thought so little of the Auctioneer’s contribution that they “assumed” that the Auctioneer would be available and at their beck and call.

But the Auctioneer already had another Fundraising Auction booked for that date with another non-profit group. It was only hour away from the re-scheduled event, and things could have been easily worked out. All Group #1 had to do was start their event one hour earlier, or one hour later, than the Group #2, and the Auctioneer could have helped both groups on the same day.

But because Group #1 failed to anticipate a possible Auctioneer conflict, because they failed to confirm with the Auctioneer before re-scheduling their event, their preferred Auctioneer had to bow out and they had to scramble to locate substitute “Volunteer” Auctioneer only days before their event.

And it cost them.

Learning Points

The Live Auction is usually where the profits are made at any Fundraising Auction.
A Professional Fundraising Auctioneer can be vital to the success of any Fundraising Auction.
The better Fundraising Auctioneers usually get booked quickly.
You need to recognize the important contributions that a good Auctioneer can make to your event.
Michael Ivankovich is a Bucks County Fundraising Auctioneer based in Doylestown PA, and serves the Great Philadelphia PA area. He has been a professionally licensed and bonded Auctioneer in Pennsylvania for nearly 20 years, has been named Pennsylvania’s Auctioneer of the Year, and has considerable experience in conducting Fundraising Auctions. Michael loves helping groups raise needed funds for good causes and one of his specialties is the “Special Pledge Appeal” or “Fund-A-Cause Appeal” which usually enables clients to double their revenue in a single evening.

Tags: Animals Arts Business Computers Education Finance Health Home Internet Marketing & Advertising Online Recreation & Entertainment Shopping Society

Basic Factors to Consider for Advertising Products and Services

Advertising is an effective tool of marketing used for promoting products and services to be sold to generate business revenue. Thus, it won’t be wrong to say that the ultimate purpose of advertising is to push the sale of products and services through different ways of promotion. In the absence of advertising, it is difficult for others to know about your products or services. Although you sell high quality products at reasonable prices, you won’t be able to reach adequate number of buyers or the target audience to earn profit.

Advertising not only promotes, but also establishes your brand amongst your target group. It positions your brand in such a way that your products or services become a replacement of the need they fulfill. The best instance of this is Cadbury ads appealing the audience in India to eat Cadbury chocolates, whenever they feel like eating sweets. Their ad copy – “Kuch Meetha Ho Jaye (means: Lets have some sweets)” with the characters eating chocolates indirectly asks people to replace Cadbury chocolate for traditional Indian Sweets. In short, ads help in building good reputation of the brand or company and gradually increase the sale of the products and services.

Therefore, advertising can be considered as an investment that could indirectly improve your brand value and generate good returns in terms of sale. However, it is to be noted that ads won’t directly add to your sales or create a customer base for your product or service. It simply helps your brand to create a space in the subconscious mind of your target audience, who might end up being your consumer/customer. This vital role of advertising makes it an essential marketing tool, which is widely used across the world by even the business giants like Microsoft, Apple, Tata, etc.

The whole idea of considering advertising as an investment makes it necessary for us to consider certain factors before advertising the products and services. The basic factors to be considered before advertising any product or service are as follow:

In order to create a successful advertising for your product or service, follow some basic advertising principles:

Aim and Objectives of Advertising: Identifying the main objective behind advertising your products/services is the most essential of all the factors. This is because without a proper objective one can never achieve anything in any field. Also, it helps you to evaluate how well the aim and objectives would go with your company or brand image. It also makes the ad campaign or the progress of the ads measurable and realistic.

Expecting immediate rise in sales: Expecting a sudden hike in sales after the advertisement of your products or services is like lying to your own self. Advertising is not a solution to your financial issues. However, it might gradually help you in pushing the sales of your products and services.

Don’t make false promises: The advertising works, only if the product or service meets the expectations of the target audience. If they don’t live up to their promises, then the advertising is more likely to fail. It might create some buzz at initial level even if your product or service is of low quality, but it will eventually fail. So, it is important to make promises that your product or service can fulfill.

Understanding your product: You must know the complete details of your product – be it materials or uses. This will enable you to know what your product can do to exist in the market. In your advertising, you could make use of its benefits or solutions as excuses for its sustainability in the market over the period of time.

Target prospective customers’ needs: You advertise products or services mainly to persuade your prospective customers to opt them against your competitors’ or ordinary products. Therefore, it is important for you all to understand the needs of your prospective customer. This will help you convince them easily by portraying you product as a means to meet their needs.

Ads must be informative and effective: Your ads must be able to educate your target group about the products’ USP and other benefits. Also, it should inform them about the products availability and why it should be used. Besides this, the ads must be effective enough to deliver the message to the audience in a creative, unique and convincing manner. It must grab their attention and leave an impact on the target audience. In simple terms, it must be effective enough to bring the customers to the product’s outlets or at least enquire about the product, if not buy.
These basic factors, if considered, can really help you create great ads that would make sense and grab the attention of your target audience. The resulted ads would be distinctive, yet recognizable and easy to relate with your product or service. These ads would not only have good recall value, but they would also have the ability to convince prospective customers to try your product.

« Older Entries