Building a network marketing business in your local area is a very worthwhile endeavor. Being part time in the industry for over 5 years now if there is one thing I would change is I would have focused more on building a local team. That's not to say that I would have forsaken long distance sponsoring, because you need both. However, I would have focused most of my prospecting efforts on finding prospects in my own backyard.
Thursday, June 17, 2010
Local Network Marketing Strategy
There are a number of reasons why local network marketing is a powerful way to build your business. Remember, network marketing is a relationship business. It is significantly easier to build relationships with people who live within driving distance from you. Many of my closest friends in my specific business opportunity are distributors who live within my local market.
When you sponsor someone local to you, there are a number of tools that are available to you that are not available if you sponsor long distance. For example, you can sit down with them in person at a local coffee shop and personally walk them through their initial game plan. You can personally help them host an in home meeting. You can meet every week at the local opportunity meetings and local trainings. You can travel together to the big company regional events or your company's international event.
All of these elements of building the business help you build and develop a relationship with your new distributor. As a result of this, your new distributor is significantly less likely to quit. Will a lot of them still quit? Yes they will. The biggest disadvantage to network marketing is because the price of entry is so low, it's also very easy for someone to quit. However, a local person is less likely to quit than a long distance person, ESPECIALLY if at the very beginning you engaged with them and got them plugged into the local system.
So what are some strategies that you can utilize to do local network marketing recruiting? The first and most effective strategy is to start with people that you already know that live within your local area. It is ten times easier to get someone that you know to look at information about your network marketing business opportunity than it is to get someone you don't know to look at it. All we are trying to do is get them to look at the information. What they decide after that is totally up to them.
You can also expand your local market contact list by getting referrals. If you share the information with someone who is in your local market there is a good chance that they also know someone else that is in your local market. I've gotten a number of customers and distributors just by getting referrals both from people who become customers as well as people who don't.
If you've exhausted your contact and referral list or if you live in an area that you don't know a lot of people, you will need to find ways to meet new people. A good tool to use for meeting new people is to check out a website called meetup.com. This website has thousands of groups on all types of different areas of interest. Many of these groups will be in your local area, especially if you live in a highly populated area. Find some meetups that you can attend on topics that you are interested in and meet new people.
Also, be a little more friendly and outgoing as you go out and engage in living your life. Greet your neighbors. Talk to the person pumping gas on the other side of you. Talk to the waiter or waitress at the restaurants you go to. Talk to all of the people that you do business with throughout the day. I remember when I was moving, the same guy that was at the store when I picked up the truck was still at the store when I dropped off the truck. I commented on that and he proceeded to share with me about how long he has to work and how long he has to travel to get home. Needless to say, he was an easy exposure to my opportunity.
In the meantime, you will need to find people to talk to until you meet enough people in the area to build up a good pipeline of prospects. One of the fastest ways is if you have a couple of hundred bucks, purchase and call local business opportunity leads. Get some recommendations from people in the industry that you know and trust first because there are a lot of lead companies that are scams. If you are short on cash, social networking websites such as Facebook and Twitter are also a great way to meet people.
Utilizing a local network marketing recruiting strategy is a great way to build an organization. I highly recommend it, even if you are mastering some of the internet marketing strategies to generate your own leads. I generate my own leads as well and I can tell you this, most of my leads are not local to me. You have to be more intentional about your local recruiting, but the extra effort is so worth it.
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