3 Things You Should Be Doing To Prepare Your MLM To Dominate In 2017 Now
Posted by naxumadmin / November 15, 2016
Here is our TOP 3 list for 2017, enjoy!
#1 Customers Customers Customers!
How many new retail customers a month are coming into your business? Is it 10% of your business? 60%? 90%?
The trend today in MLM from all the government agencies is to INCREASE that retail customer count. The more retail customers you have in a ratio to active distributors, the safer your company is for new regulations in the space.
Want to read more about ratios? Check out Jeff Babener’s article on Vemma here
Here at Naxum, this is where we’ve been assisting 90%+ of our clients this year. Shifting your culture to LEAD with customer acquisition over distributor acquisition. The results are stunning, more customers = more fans and the more raving fans your company translates to distributors who are promoting you BECAUSE they believe in your product.
If you’d like to see the real case studies contact us at www.naxum.com
#2 Product Experience
What does it FEEL like when a customer gets to experience your product or service? Is this experience something memorable? It it worth sharing with others? Recommending to others?
Now more than ever, whether your in a product or service business, the key to your company growing virally is directly connected to the experience you deliver to your regular retail customers.
You can see a DIRECT reflection to gauge how well you do here by implementing a simple customer rewards program. Here at Naxum, we have case studies on rewards and how encouraging members to share for a reward allows us to know if they really enjoyed the experience.
Between customers re-ordering your product and customers sharing your offer, we are able to use that as feedback from the customer to determine if our mission was truly accomplished when sending them products.
#3 Make It So Darn Easy
When your customers learn about your business opportunity what is their response? Is it daunting? Is it more then they wanted to be a part of?
In today’s world, your direct sales and MLM companies are not competing with only the long-time players like Amway and Herbalife. You’re competing with ‘social economy’ business opportunities like AIRBNB and UBER.
There are a lot of ways for your customers to earn additional income in their lives today, why should they choose you?
That’s where making it so darn easy it key. We call it the S.P.E.E.D. system. S.P.E.E.D. is simply an acronym for Share, Present, Enroll, Elevate, and Duplicate. It’s the 5 things that must be happening inside of your company for it to be growing. If you’re weak in even one area, your entire business suffers. You can read more about S.P.E.E.D. here.
The key is having a platform like S.P.E.E.D. so that when your customers see your business opportunity, they will know they can do it, and they won’t feel like the cost of their time or the learning curve of the process would disqualify them from taking action.
The easier you can make this transition, the more customers that are fans will raise their hand to become distributors.
What are you going to do about it?
While now it’s your turn. You only win if you TAKE ACTION. Get with your team and identify which areas you need to take on. Reach out to us at www.naxum.com and ask for a free discovery session. The team will mock up an example S.P.E.E.D. process customized to your company for FREE and assist you with real world case-studies to identify the best solution for your business moving forward. Simply create a free account and schedule your session.
Remember Vincent Van Gogh’s quote as you prepare for the year:
Great things are done by a series of small things brought together.
