Tuesday, May 6, 2008

Problem #2 Selling your product

One of the problems with home business is selling your product.

A couple of popular businesses sell vitamins and weight loss products, either exclusively or mainly. Yes, a lot of people do use vitamins, but why do they want to buy from you? Are they the best? Are they priced right? What if you find that most people you know don't take them, and are not interested in it? You have to convince them to try yours. You have to convince them that they are better off paying for a higher priced product that they may not even want.

I want to sell a product that everyone already uses at a price that is at least the same or less than they are already paying. I really am not going to buy a pack of vitamins that cost $75 a month, even if they are better quality, because I can pay $15 at the store. If I even take them.

OK, so everyone cleans, right? Well, we hope so! However, not many people can be convinced to spend $8 on a bottle of cleaner that they can get at the dollar store for $1. Even organic supplies are more expensive than making your own from vinegar and baking soda.

Make-up? Well, it is certainly cheaper in the store, even for good quality make-up.

The next problem is that you want repeat customers, you don't want a one time sale or you have to keep searching for customers to make money.

What do products do people use every day that they will not go without that has a monthly cost? Wouldn't that be ideal? To have a monthly bill that you get paid a commission on with a contract? How about that contract being with a different company but they pay you while they take care of the billing, collecting, and problems?

That is what I am doing. I don't want to have to convince people that they need something that they may not want. They already have a cell phone, they are already paying for TV channels, long distance, etc. It is just a matter of when they renew their cell phone contract they go through my website and then on to the company that furnishes the contract, and I get a commission for the life of the contract. It is the same prices as if they didn't go through me. I hope my friends and family would rather let me have the commission that give it to Wally World or Radio Shak. People are paying for TV already, so using Dish to help us is an easy adjustment. What I love about our company is that you are approved without the large down payment Dish sometimes charges.

Why would all the cell phone companies and Dish Network want to put their products in a MLM company? Well, it is a legitimate company with LOYAL customers. If you are getting paid to use their products, you are not going to switch. The retention rates with our company are 90% after 5 years while retention rates with Wally World are only 48% after 2 years. We make better customers for these companies.

Pick your products wisely when starting your home business.

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