How To Slash Your MLM Attrition Rates By 62%.
One of the biggest problems facing all MLM marketers is the sheer number of new recruits who leave their opportunity in the first 3 months. All the hard work of advertising, prospecting and recruitment is wasted. Here is a simple way to slash that attrition rate and ensure your new team members contribute, take action and see a return on their time and money…
Your new recruits join your opportunity full of enthusiasm. They see all the benefits of your product, are excited about their new business and set out to take the world by storm.
It is surprising then that statistically 40% of them then quit the business within the first three months. What is it that happens over those 90 days that drains them of all their enthusiasm and makes them walk away? How can they go from being fired up to totally apathetic? it isn’t really that hard to figure out when you think about it.
MLM is the same as having your own business. You are responsible for sales, marketing, recruitment and training. Now bear in mind that over 90% of bricks and mortar businesses fail within the first year. MLM is no different.
Your new recruits have never had their own business before. They are used to trading hours for dollars. They have never been responsible for the nuts and bolts of making a business work.
After the initial surge of hope and excitement, reality sets in and the number of ongoing tasks needed to make the business flourish becomes apparent. Worse still many MLM companies are quite misleading when they represent their opportunities. Many are fooled into thinking that just by talking to a few friends their business will be successful overnight.
We know that consistent action is required to make our businesses grow. This includes lead generation, prospecting, closing and training. Yes many of the tasks can be automated to save time and effort but the fundamental have to be completed.
Now without the basics our recruits will never succeed. They need educating, nurturing and mentoring to enable them to move forward.
Without direction they will try to reinvent the wheel and fail. Normally they will waste several hundred dollars buying leads, fail to recruit, call you a scamster and quit.
Give your new team members a simple 30 day guide. Give them a daily task to build their business properly and they will become engaged and make progress. how them how to set up their own blog, generate leads on the internet, pitch their business without fear of rejection, earn money from prospects who don’t join their primary opportunity, train their own team and maximise their income.
This will set them on the path to success, lock them in so they become engaged and productive and set you up as a true leader.
Produce a simple 30 day action guide today and see your attrition rates plummet.
For more conversion MLM success secrets, how to become an instant MLM guru and earn money whether your prospects join your business or not, just visit the browse through the free MLM training website.