The Secret To Reducing Attrition In Your MLM!
Do you know the secret to reducing the drop out rate of people in your mlm business?
You have seen it everywhere you look.
People dropping out of their home-based business opportunity.
Some even before the get started!
But there is a way to overcome this rate of attrition.
Do you know what it is?
Care for a guess?
It is probably not what you think it is.
So if you have been in network marketing for any period of time, you have experienced people coming and going in your business. Maybe you have been one of those people who have been doing the coming and going yourself. Either way, it is a big part of the business and why the biggest part of recruiting and sponsoring is referred to as a numbers game by the top leaders.
But here’s the secret.
The secret to reducing attrition in your mlm business is this…
Yep, that’s it.
Retail customers are the best way to build a foundation for your business, whether mlm or other, and the drop out rate of a customer who is satisfied with the products they are getting is about 5% per month. Although most of the compensation plans and marketing for people joining Network Marketing companies is focused on recruiting and building a team right out of the gate… you should, if you haven’t already, consider building up your retail customer base too. Having a solid foundation of customers will give you the cash flow you need to spend time marketing to attract the people you need to build the business with you.
Have you considered RETAIL as a part of your home-based business?
If not, how are you going to start today to create this great foundation for your business success?
Share your comments below.
To your massive success!
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Filed under: Home & Small Business
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