MLM Programs

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With more people waking up to the importance of protecting one’s wealth from the evils of inflation with silver and gold, there have been numerous silver coin programs appearing online almost overnight. The price of silver has risen from about $3.50 an ounce in 2000 to almost $19.00 an ounce today. Most experts agree that the price of silver is poised for exponential growth in the next several years. Combine that with the devaluation of the U.S. Dollar and you can clearly see what has fueled a growing trend of people becoming more interested in Silver coins.

In this article I will explore some of the pros and cons of several of the more popular silver coin investment programs to help you choose which might be best for you. As with any business opportunity, you should do your due diligence and carefully evaluate the program you’re interested in before joining any of them.

One of the oldest programs is called Silver Snowball created by Ed Freeman. It is a simple “Coin of the Month” program combined with a single-tier affiliate program that allows its members to get real .999 silver bullion American Eagle coins every month in the mail. Since the first day American Eagle Silver Dollars were released in 1986, they’ve been the most highly prized and most popular Silver Bullion Coins in the world! The company also provides its members with a replicated website to promote the “coin of the month” program to others and you earn 1 silver coin for every two your customers order from the website.

Silver Snowball is a great silver accumulation program ideally suited for most people. Its affiliate program is amongst the simplest, yet it doesn’t seem to appeal to MLMers who like growing an organization and earn from the efforts of others. Unlike the traditional MLM approach, there is no recruiting, sponsoring, or matrix building with Silver Snowball; only commissions earned from direct sales to customers of its silver/gold accumulation program.

Numis Network burst onto the network marketing scene with an exciting MLM compensation plan that attracted mostly MLM heavy hitters with flashy websites and a hyped advertising pitch. Numis Network focuses on graded silver and gold collectible numismatic coins rather than Silver Bullion coins. These coins are best suited for knowledgeable collectors who understand the value of rare coins. Numismatic coins carry a higher premium to purchase compared to standard bullion coins and when you try to resell them; you need to find the right buyer willing to pay the price you want.

For the experienced MLMer who can grow large dowlines and teach them to do the same, Numis might be the right choice. For the average person, on the other hand, without the specialized knowledge of numismatic coins and a large following willing to pay the high cost of entry and purchase pricey collectible numismatic coins; Numis Network is beyond their reach.

XAG Network is one of the newer precious metal investment programs that has exploded on the MLM landscape. XAG is the currency symbol for Silver. Their product is standard uncirculated .9999 pure Silver bullion coins from various government mints that can be purchased at a very reasonable cost. The Silver Bullion coins most in demand are the America Eagle, Canadian Maple Leaf, Australian Kookaburra, Austrian Philharmonic, Chinese Panda and Mexican Liberated. XAG network features the Canadian Maple Leaf, the purest silver bullion coin minted by any government.

What has excited most network marketers is the XAG Network 5×8 forced matrix; allowing a great opportunity for the silver enthusiast that believes in the network marketing model to earn both retail sales commissions and residual commissions from their entire team. This is the most popular way to earn in the Network Marketing industry and is a very affordable alternative to the more expensive programs. With a 5×8 forced matrix, there are only five people on the first level with others spilling over below those 5 members down eight levels. XAG Network has three membership levels to choose from making it easy for the beginner or experienced network marketer to launch their own silver coin business.

There is no doubt a serious amount of money to be made in the silver bullion market as more and more people are flocking to the safety of silver and gold. Fiat currencies are being devalued around the world and people are losing most of their purchasing power.

If you want something that is a true store of value, want to protect your wealth, and have a flair for Internet marketing or network marketing, then a silver investment program deserves your immediate attention.

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Along with the explosive growth of the Web has come explosive growth in Internet fraud and “get-rich-quick” schemes. Beware of such claims! Educate yourself about the differences between what constitutes a legitimate business opportunity and Pyramid Schemes, Ponzi Schemes, and Related Frauds.

Multi-Level Marketing
Multi-Level Marketing or Network Marketing has long been associated with fraudulent “get-rich-quick” schemes. Certainly any economic endeavor will attract those looking for the fast buck and those unscrupulous ones who are determined to separate your from your money. What’s new about that? You even find those folks on Wall Street and in Washington, D.C. The trick is to separate the frauds from the legitimate opportunities. And, there are legitimate opportunities!

A long standing principle in the Free Enterprise system is “buyer beware.” It is the buyers responsibility to educate themselves so they can make an informed buying decision.

Corporate Cover-Up
The truth is, ALL businesses are structured as a “pyramid.” You have the owners, CEO’s, and other executives at the top of the pyramid with the management people in the middle and the workers at the bottom.

The difference between this corporate pyramid structure and legitimate network marketing companies is that in the corporate environment, those at the top have a vested interest in protecting their elevated positions at the expense of those below them. In network marketing, ALL those in the business have an EQUAL opportunity to share in the overall success of the business. Indeed, it is not uncommon for someone to enter towards the bottom of the pyramid structure only to rise in a short time to a top level position in the company. You WILL NOT find that sort of opportunity in the corporate pyramid.

There has been a long standing conspiracy in our society perpetrated by corporations, labor unions, government officials, attorneys, educators, and others to protect the corporate pyramids and the wealth they assimilate. In fact, we are all involved in network marketing every day of our lives. We recommend movies, restaurants, books, music, stores, services, and the whole gamut of business. But, rarely are the ones who are making those recommendations rewarded for doing so. In multi-level marketing, all those along the chain who recommends products and services are rewarded for their efforts. In the corporate environment, or “single-level” marketing when you make a recommendation the company keeps the rewards for themselves.

The corporate pyramids indeed have an economic interest in maintaining their single-level marketing system and keeping the truth about multi-level marketing from the public.

In more recent years Network Marketing has been gaining in acceptance and popularity. It is proving itself to be an effective, professional, and rewarding business model. Witness the growth of “Affiliate Programs” on the Internet. Affiliate programs ARE multi-level marketing. Nearly all business that market on the Internet now have an affiliate program to reward others for recommending their services.

I’m sure you’ve heard of Amazon.com. That is network marketing. Amazon.com has not grown to be the company they are by adhering to old business practices. No! They offer their network of thousands of affiliates (network marketers) commissions for recommending books and other products.

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The basics of effective Multi-Level Marketing (MLM) involve patient listening, smart questions and objections handling, perseverance, diligence, smart sales skills and a great social network to name some. But there are some other factors that are not key but still make considerable difference if taken care of. If you are aware of these areas, your MLM process will be quite organized and streamlined to help you move nearer to your sales goal.

Some basics:
The following fundamentals about MLM should be addressed for better results:

Research: A thorough investigation and research about an MLM company is a must when there are so many illegitimate and illegal players in the market. Thus research is a crucial process although it is difficult and time consuming But, you need to put in that much for reliability.

Sample: After you have zeroed-in some seemingly good companies, it is good to check their products. Ultimately, only a good product will continue to sell. You can place a small order with the companies and test the products for their efficacy. This is the best possible way of checking. Although, even this process may prove to be not so efficient at the end, as at times the companies act smart. They send the best quality assortment of its product range and when you place a large order, you may find a compromising quality.

Vendor terms: Acknowledge the receipt of the sample to the vendor and be sure to mention in your acknowledgement letter what you expect from your vendor in the case of receipt of inferior quality products or any other issue regarding the delivery of products.

Marketing process: MLM is all about the identification of the potential customers and that of the reliable business associates or distributors. Either of these elements of identification can fall first in the order.

Promotion: Holding demonstrations, seminars and training sessions are some of the ways to spread awareness about your products. Such functions are also a platform for building networks, exchanging phone numbers and building rapport with the prospects. Be very careful to give a good presentation, which should leave positive impact upon your clients. A messed up presentation can cost you a lot as your customer may drift away from you giving reason other than the key one.

Make-up: Your dressing up, accessories, cologne and your body language, all should have a professional touch.

MLM is a marketing process where you constantly innovate your strategies as needed. There are no set rules to excel in this field. But, if you are able to successfully incorporate some workable models of MLM then your job may become easier.

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