|
•Tom "Big Al" Schreiter •Ken Seto •Rod Cook
- Contributing Editors
Back
Go
West …Young Man!
By Ken Seto
MLM building in
foreign markets.
Building your MLM
empire in foreign markets is an endeavor on it’s very own.
Often I hear of
distributors saying that if “this market” or “that market” was to
open, my MLM business will just explode in growth. “I have a good
friend over there that can sign hundreds of thousands of people”.
That is the reason I am not successful.
The search of greener
pastures have led to the demise of many a MLM distributor.
I really believe that
in order to be successful in building an MLM empire in foreign
markets, one needs confidence, perseverance, adequate financial
backing, and contacts.
But what is even more
important is knowing how to: (a) Pre-market –
before your company goes over there. (b) Recruiting and
training the right people – other than just sponsoring your friends
and family members. (c) Build systems in
place to support your new distributor base.
Let’s
talk about Pre-marketing. You will want to start prospecting in a
market, even before your company announces the country of choice. The
reason being that, it takes time for you to understand the market and
the culture. It is very difficult to just walk into a new society and
understand all the intricate idiosyncrasy’s of the new culture
overnight. Second of all, most companies will open in a market based
on what contacts their existing distributor base has. This will give
you a definite edge over your fellow business associates. My
experience has been such to start this process as soon as possible.
Other than just
sponsoring your friends and family members, my recommendation to you
is to go after network marketing professionals. I know that this
probably goes against what you’ve heard from your upline or company.
I’m going to tell you the hard truth.
Here’s the bottom line.
You don’t have a lot of time and money to waste. You also want people
who understand MLM and who do not have challenges around that business
concept. I would encourage that you go after MLM leaders in your
chosen market. At any point in time, 30% of MLM leaders are not
content with their present program for a number of different reasons.
If you happen to contact one of these individuals at the right time,
they can potentially bring you hundreds, if not thousands of
distributors into your organization. Just see yourself as a corporate
headhunter, going after and recruiting key MLM “players” to join your
business. Remember, it’s a two-way street. Your deal needs to be
sweet enough; and they need to have the desire to leave.
Once you’ve
established a leader or two to work with in the new market, get
yourself on a plane and fly over there. You will need to support this
new group of people coming into your organization. It is difficult to
kick off a new market by doing it long distance; at least in the
beginning.
Once you get over
there, get to know them, start building a long term relationship with
them. Cater to their needs by developing materials that will help
them, based on how they build their MLM businesses.
This means,
translating material into their language…brochures, business cards
etc. Putting together presentations highlighting your company.
Remember, you’re the “out of town expert, with the briefcase”, so,
you’ll have instant celebrity status.
Just make sure that
you have adequate funding to do this.
I once spent several
nights living in a $49 per night Japanese Tube Hotel. Yes it is
true, you can rent a 3'x3'x6' tube! They even have TVs in the
roof (as in you lay on your back to watch a tiny screen two feet from
your face). The opportunity meetings were a little cramped but
when your desire is big enough, you'll do whatever it takes to win.
Once the new market gets
kicked off, more than likely, your MLM leaders in this new market will
also have contacts in other countries. This will be a good start for
you to develop the next market. As long as you take a
systematic approach to building in foreign markets, you will not fail.
This is how I was
able to amass a distributor organization of over 44,000 distributors
in 9 different countries, in my past MLM program. The beauty of it all
is that, once you done it…the second time is much easier.
Step up and do it,
before anyone else in your company gets the same idea.
Good Hunting!
Ken Seto has been in
the Network Marketing industry for over 8 years. He has built an
organization with over 44,000 members worldwide and income exceeding
$700,000 annually. While Ken has accomplished many of his life's
goals he remains in massive action. Ken is an excellent trainer and
mentor. You can contact Ken at
ken@kenseto.com
Greg's MLM Success Tip's Newsletter Archive
The MLM Training Newsletter
|