MLM has been around in Singapore for over 30 years now and previously was frowned upon. However, the market is changing and a lot of young professio...
MLM has been around in Singapore for over 30 years now and previously was frowned upon. However, the market is changing and a lot of young professionals are starting to warm up and get involved with this dynamic industry.
If you think about it, this makes perfect sense. As the network marketing industry began to develop and become more advanced, it started to appeal to more and more people. Let’s look at the advantages of this business.
The biggest advantage of this industry, is the potential to generate a massive amount of money each month. In fact, if you look at the investment cost versus the amount you get back from the business, it has the biggest ROI out in the market.
Why? Because of its structure and the fact that the remuneration is commission only and is based on performance. The second reason is that it allows the average Singaporean to get out of the corporate rat race. This is huge! Especially in a country where most graduates strive to go corporate, it is a release from the clutches of a modern capitalist society. And of course is also a release from the suit, the politics, the 6 day week and your tiny 3 foot cubicle.
But really, these reasons boil down to two main things – time and freedom. Time to actually enjoy the truckloads of money you worked so hard to make and financial freedom to actually enjoy all that life has to offer.
So we know that MLM is getting very popular and you can make lots of money. Well what about the success rate? Unfortunately the success rate in this business is a measly 3%. That means that 97% of all people that try MLM fail. This is a worldwide statistic and is not isolated to just Singapore. So why is that?
Well, unfortunately most big MLM companies are still stuck in the stone age and train their distributors on the most out of date prospecting techniques. They tell you to make a list of 50 to 100 people you know and go out there are pitch your amazing opportunity. And once you run out of friends and family to speak to, they tell you to cold call, buy crappy leads online and pitch anything with a pulse! Sound familiar?
So it isn’t a surprise that most people end up failing when such ineffective recruitment methods are being taught. It is this very training and traditional methods of marketing of this business that has put a lot of people in a bad position. But is there a better way? Absolutely! Since we are in the modern age, we really should be maximizing the use of current forms of communication and avenues to reach our audience. We need to broaden our scope and use tools like the Internet to reach an international audience and not just people in Singapore.
People also need to focus on marketing so that they can “attract” people towards their business instead of prospect where they are constantly having to “chase” people around. And isn’t it time you stopped hassling your poor friends and family? At this rate, you will have none left!
So success in a Singaporean MLM has nothing to do with the company or the product. At the end of the day there are many good companies out there and unless it is a cure for cancer, it is YOU that still needs to sell the business. Therefore learning how to “MARKET” yourself and the business using modern day tools, is really the key to success in this industry. Learn how to market, get the right training on MLM lead generation, learn how to provide value to the community and you can be successful in any MLM company.
If you want to really understand the real secrets of building a massive MLM business worldwide, then check out Aaron Chen’s article where he reveals a system that can teach your the cutting edge strategies of top online producers. to take a peak at that system and never worry about leads again.
This review of the Waiora MLM company will reveal whether they are they real deal or whether they are just stringing people along like some MLM companies out in the market place.
Waiora is a nutritional MLM company and has products that are centered around aging and lengthening the lifespan of humans in general. They intend to do this by using a whole food supplement that is in liquid form. This liquid supplement is created using anti-aging vitamins and organic anti-oxidants that come from fruits and plants like the Acai Berry, Goji and Green Tea.
Waiora has a few products that also combine other fruits with high ORAC scores like passion fruit and cherries. This range is the essence of this company and they really just take the position that they are a company that provides liquid health to keep people strong and young.
Waiora’s products even went through a medical test recently done by a third party laboratory. They wanted to test what the amount of real ingredients versus the amount of water in each of their products was. This test is known as the TDS test. Total Dissolved Liquids. The higher the TDS score the higher the amount of real ingredients versus the amount of water in the product which means a better quality product.
Waiora was able to score the highest in this test when put against all its competitors. This is a great result and they should be proud that they have such a solid product for people to use.
So we can conclude that Waiora is a legit MLM business with a great product that keeps people happy and healthy, but what about their compensation plan? Well, like a lot of new MLM businesses out there, Waiora has a strong and modern compensation plan that rewards its distributors fairly for performing well at their job. So this isn’t the problem and this company is definitely a good business opportunity for people that are looking to earn extra income in 2010.
However, like a lot of MLM companies, Waiora trains its distributors how to market the “old school” way. And what that means is that they ask you to make a list of all your friends and family and pitch them this business opportunity. This is one of the most difficult ways to grow your MLM business and is the main reason why so many people end up failing in this business.
The real key to ensuring that you any one can succeed in Waiora or any MLM business for that matter comes down to learning how to market the business properly. Using tools like the Internet can allow you to reach a much broader audience. It can also allow you to have a truly international business which is not possible when you are just running around your town meeting people face to face.
So it’s important to understand that a lot of MLM companies like Waiora have the right platform for people to generate large amounts of income, but it is all about the execution, the training, the consistency and the marketing that will take that business to soaring heights.
If you want to discover how was able to get into this industry full time in just 3 short months, check out his article where he reveals his marketing masterplan that will catapult your MLM business to new heights.
MLM in Singapore has been around for a long time. It started off as a way for people to earn some extra money but it was never taken seriously. But now, there are more and more people that are getting involved especially in the younger generation.
It is actually not surprising that MLM is evolving and starting to appeal to the masses in Singapore. If you think about it, this was bound to happen. Let’s take a look at some of the benefits of the MLM industry. The first thing is that is allows the individual to make huge amounts of income. I guess this is the biggest reason why most Singaporean’s join in the first place. And it’s true. This industry has the potential to create more millionaires than any other industry in the world.
Why? Because of its structure and the fact that the remuneration is commission only and is based on performance. The second reason is that it allows the average Singaporean to get out of the corporate rat race. This is huge! Especially in a country where most graduates strive to go corporate, it is a release from the clutches of a modern capitalist society. And of course is also a release from the suit, the politics, the 6 day week and your tiny 3 foot cubicle.
When you really break it down, people are drawn to this industry because of two things it can give them. Time and freedom. More time to enjoy the fruits of their labour and to spend it with their families, and the freedom to do whatever their little heart desires. I think that’s what most people want out of life.
So we know that MLM is getting very popular and you can make lots of money. Well what about the success rate? Unfortunately the success rate in this business is a measly 3%. That means that 97% of all people that try MLM fail. This is a worldwide statistic and is not isolated to just Singapore. So why is that?
Well, unfortunately most big MLM companies are still stuck in the stone age and train their distributors on the most out of date prospecting techniques. They tell you to make a list of 50 to 100 people you know and go out there are pitch your amazing opportunity. And once you run out of friends and family to speak to, they tell you to cold call, buy crappy leads online and pitch anything with a pulse! Sound familiar?
This should because that is the marketing training that most big MLM companies all around the world are giving to their distributors. Methods that really are not that effective. So what can you do?
Since we are in the modern age, we really should be maximizing the use of current forms of communication and avenues to reach our audience. We need to broaden our scope and use tools like the Internet to reach an international audience and not just people in Singapore.
People also need to focus on marketing so that they can “attract” people towards their business instead of prospect where they are constantly having to “chase” people around. And isn’t it time you stopped hassling your poor friends and family? At this rate, you will have none left!
So success in a Singaporean MLM has nothing to do with the company or the product. At the end of the day there are many good companies out there and unless it is a cure for cancer, it is YOU that still needs to sell the business. Therefore learning how to “MARKET” yourself and the business using modern day tools, is really the key to success in this industry. Learn how to market, get the right training, learn how to provide value to the community and you can be successful in any MLM company.
So getting the proper can really explode your business through the roof. Aaron Chen’s article, gives you access to his step by step guide that has taught countless Singaporean’s how to succeed in MLM by leveraging the Internet.