Do You Provide Tools to your Team or just Affiliate Links that put Cash in your pocket?

Clearly affiliate marketing is important in the big picture of what we do as Internet Marketers, but is your bottom line to milk every extra penny for every tool you refer your downline to, or to provide tools that will help your team?

I've struggled with this one early in my MLM business, but finally decided that my bottom line was providing my team with every resource I have available regardless of how much affiliate money it put into my pocket.

When I started my business I didn't realize how much money could be generated from affiliate marketing. That changed quickly with my AWeber account. But referring my team members to this affiliate isn't always the best option for them.

I'm fortunate that early on I found some tools that I was able to pay a flat fee for and then provide my team with a few key tools that they could use to promote their business. It was a pretty simple program that provided them with a url rotator, ad tracker and a web page that they could use as their landing page.

I would give these tools to my team to help them get started without having to reach into their pockets and the tools have been well received by my team members.

Over the years these programs have been improved and now include many more very useful tools at no cost to the people I refer to the program. The system now includes a fully functional Autoresponder which has been a stumbling block for my team members on a budget.

Yes I realize that $20 a month isn't much for me, but if I had a couple of kids at home it would be.

I've been criticized and asked if I was setting up a "welfare mentality" with the free tools I provide and I even was asked if what I was doing was "duplicatable". Forgive me, but the ability to duplicate something isn't really what "my" business is about. It's another one of those old school marketing techniques that sound great but in reality work for only a few.

So as the release of the new program was announced providing a multitude of awesome online tools including an advertising module, I had to decide how to present it to my team. It was clear that the best thing to do was give it to them and let them decide for themselves if it was a system they wanted to use.

I did let them know if they were currently using other resources to keep those in place until they had evaluated the new program. Doing this allows my team members to have the tools they need for their Internet marketing without having to dig into their pockets to pay for the tools. It also meant that I would lose some of my affiliate money each month, but the bottom line is always to provide the best tools at the best price for my team. What I will gain in their own business growth by them using the free tools will far outweigh the small affiliate commissions I lost.

And then there's the obvious...

The less they have to spend on websites, autoresponders, advertising and other things, the more money they have available to buy product which they can sell and put money into their pocket as well as my pocket. Win Win.

If you are curious about what I provide my team members use the banner to check it out. No money goes into my pocket by promoting this program.

Marketing Responsibly on the Internet – Social Networking

Now that Social Networking has wrapped it’s arms around the Internet I’m seeing more spam originating from these networks landing in my email box.

My frustration level with these newbie marketers has grown to a point that now I’m turning the tables on them.

The CAN-SPAM Act of 2003 clearly states that using deceptive emails in order to “pitch” your opportunity is in violation of the CAN-SPAM Act yet for some reason these social networkers think that if you reply to their email, they are in compliance.

Social Networking certainly has it’s place in today's world of electronic marketing, but it isn’t in my mailbox and I’ll venture to guess that it’s not in your mailbox either.

Clearly for those looking for home business ideas or an online business opportunity, a social network could provide them with a plethora of information. But no more information than if they had used Google or Yahoo.

How many of you have received a request for information about your business that looks like this:

Hello,

I am requesting more info on your business ad and how it works. Is an investment required?

Looking forward to hearing more.

Name of Sender
Email of Sender

The first few I got I took the time to answer that question in a thoughtful manner only to get this:

Thank you for the email. I am screening people who have home businesses that would like free advertising in what is the “My Space” for business people. I am associated with many thousands of networking professionals that may also be interested in your offer.

You are invited to post a free profile on my site. And I will send some business contacts your way.

Many serious entrepreneurs, from around the world, will view your contact and business information.
http://www.directmatches.com/XXXXX

Join for free… Advertise for free in The Business Directory.

“As relationships mature, incomes grow.”

Name of Sender
Email of Sender

Clearly I’m not a social networker. I did not start a home base business so that I could grow relationships. I started my business so I could earn money.

So how have I turned the tables? Quite simply. When I receive these requests for information, I reply with a short note that directs them to my website to fill out my Auto Responder form. I tell them that because I am in 100% compliance with the CAN-SPAM Act of 2003 that this is the best method for them to learn more about my business.

This usually is enough to stop the spam but not always, so I added the CAN-SPAM Act to my website and direct them there. Their curiosity usually gets them onto my website.

Because they have requested information about my business I am now also in compliance with the act and can send them my promotional emails. Technically I could add them to my list, but I don’t because I prefer to have a clean list of only people who have opted in because they are interested in my home based business.

If you are into Social Networking and using the types of techniques included in this article, wouldn’t your time be better spent doing things that actually drive traffic to your website or educating yourself on your chosen business instead of cruising online classified ads archives harvesting email address’s?

Like many multi level marketing business’s, my advertising budget is limited. I have to maximize each dollar I spend to achieve the maximum benefit for my business.

I make a conscious effort to ensure that each method I use in my promotion of my primary business has at least two functions. Showing that I am knowledgeable about my business and driving traffic to my site. Once they land on my site I’m able to build trust based on my knowledge.

This is a more productive way for me to build that “relationship” and by example they have the opportunity to learn how to earn money online with a home based business.

The email used in this article was an actual email that I received this month. Interestingly enough the email address it was sent to has never been used in any open ad campaigns for any of my business adverts, but only as an administrative contact.

MLM’s reputation has suffered over the years, however it is still the best opportunity for regular people to earn extra income or replace the income from their “JOB”. Lets give our newcomers the best chance of actually building a respectable business and lead them by example as well as provide them tools that work in today's electronic world.

Learn more about compliance with the CAN-SPAM Act of 2003

Addicted to Domain Names?

There I’ve said it, I admit it and now I’m doing something about it!

Over the course of my online business adventure, I’ve managed to acquire quite a large number of domain names. You know the different dot.com’s that you use to promote different aspects of what ever you are doing online.

Well I sat down and started evaluating the different domains I had and man did I feel a bit foolish. I had so many that it was costing me a small fortune to renew them through out the year.

I don’t discount that at the time I purchased most of them, I had a specific need. But once those needs have passed…let it go!

The process of weeding out the ones I no longer want to pay for wasn’t too hard. I first checked each domain to see where it was pointing.

Once I knew that I had to evaluate if I really needed a specific domain for that page. Most of the time I didn’t and could house those pages on my main website.

The next step was checking to see if they had any pagerank or value. Much to my surprise several of them did. Those went on my keeper list and I knew I would find another use for them.

I also learned that when you have a domain name with longevity it becomes more valuable. So I had to consider those poorly thought out domain names I had purchased early on in my Internet adventure.

Honestly, most of those were chosen at a time when I didn’t have a clue about how to build a website let alone what keywords were. I’ve learned so much since that time that I let go of many of those cutesy domain names opting to keep the ones that were newer but keyword rich.

I ended up dumping probably 8 domain names and will now keep a watchful eye on the rest of them as they come up for renewal. And I’m putting those with pagerank to use for some of my promotional stuff and information sites.

One thing I also had to learn was that an emotional attachment to a domain name just isn’t a good enough reason to keep it. You know…the first domain I ever bought…I didn’t want to let it go, but the bottom line was I seriously didn’t have a use for it so I bit the bullet and let it go.

And then there are the “deals” you get offered when you are purchasing a domain name…I got a deal on what at the time seemed to be a great idea…instead I’ve come to realize that www.IGotLit.com (for my candle business) actually appears to be the domain of a heavy drinker and it’s mine until 2008!

Take your time when purchasing a domain name. Consider some good keywords to incorporate into the domain name and above all remember to let go of the ones that aren’t working for you anymore.

How to Build a Business on a Budget

Getting a new business started can be exciting and a little scary. This can be compounded if you have limited funds, (and who doesn’t?) to expend towards marketing and advertising. If you want to earn money quickly, retailing is your best option. This is where you make your list and work your warm market.

If you are in a network marking type of business, then you know what your warm market it. You were probably told to make a list of all the friends, family and people you know when you were just getting started in your business. This is your warm market.

Make your warm market list and start to introduce your them to your product line. When they fall in love with your products they will start to share information about you and your business with their warm market and so on, and so on. Using your warm market has the potential to double your amount of “Free Advertising”.

Word of mouth is a great affordable way to advertise any product of service and its free. Make phone calls to your warm market, send them an email and share with them in person.
Depending on what type of product you are marketing, you could suggest your product line for personal use or as a gift giving item. Its possible that your product line could be used in a fund raising effort. You will want to make sure this is ok with your company first. Fund raising is an excellent avenue for retailing your product and generating income. You can quickly get your business into profit without expending a large amount of money.

Visit local shops, car washes, veterinary clinics (anywhere people mill around and wait) and inquire with the owner or manager if they would be interested in carrying your product line on consignment (where you split the profit). You can ask that they pay for the product up front for sale in their store and you’re into instant profit. Some stores will only want to pay you once the product sells which means you have inventory sitting on the shelf before it sells. Long-term income will come with repeat retail customers.

You may want to consider offering a discount for those ordering in multiples. Your buyers may opt for the discount which will round out your required order more quickly and possibly result in more sales overall.

The key to selling a large variety of products when you have limited funds to purchase stock up front is to conduct “Pre-Sales”. With pre-sales you take orders and collect the money at the time the buyer places the order. With this method you collect the cost of purchasing the product and your profit up front. You will have to actively workto sell the required minimum order in a relatively short amount of time so tht your customers don’t have to wait too long. If your customers have to wait longer than 7 to 10 days, they may not order from you again.
If your company offers a product catalog this would be a good investment when your funds are tight. Working a business on a budget is something that anyone can do and everyone should do. Get out there and Share your Passion!

Mindset is Nothing without Action!

Cherrie