"Network Marketing is the most powerful way to reach consumers"

Richard Poe        Senior editor    Success Magazine


 






  • Network Marketing Business Plan

    What is Network Marketing?

    In network marketing, we have a company who has already developed the products and the successful business plan. Once we register as a representative, there are 2 ways we can make money. We can sell product and make money on retail just like a store, but we can also make money by finding other people who want to do the business, bring them in and train them and then we get a percentage of their business.

    Since you get paid on sales volume, and only sales volume, your initial objective is clear. Generate the highest possible volume in the shortest possible time. This is best done by using the concept of leveraged sales techniques. 

     

    The Power of leveraged sales

    Network marketing is really no mystery, you get paid on sales volume just as in any other type of sales. The critical difference here is that you can acquire more customers and volume through leveraging yourself than through doing it yourself. 

    To better understand this concept think of franchising. If you bought one hamburger franchise you could earn a living by working the business, however if in addition to selling hamburgers, you could sub-franchise the business and your earned a small percentage of each sub-franchise you would make much more than just selling your own hamburgers. 

    Since you can create volume either by setting up customers or by setting up other distributors and having them set up customers, what is the best plan to follow? Here is a quick example that should give you some ideas:

    Example

    If you need to make $15,000/mo in income and you get paid 30% commission on retail sales if you find the customers yourself or 10% commission on the wholesale price if you hire sales reps to do it for you.

    Scenario 1: Do it yourself

    You would need to generate $50,000/mo in sales, and if your average order was $100, that would take 500 customers.  

    500 customers X $100/month in orders = $50,000 in Sales X 30% commission = $15,000/month income

    Scenario 2: Leverage                            

    Using leverage we would focus on introducing the opportunity to others and teaching them to do the same and let the process of duplication and leverage work for us. Since you receive 10% on the volume of your downline if they are in your higher commission (weak) leg of production, You need to generate $150,000/ mo in sales.

    Here is how you do it:

    1.     Recruit 2 reps a month into your group

    2.     You teach each of those 2 reps to recruit 2 reps (a 2X2 duplication)

    3.     Each rep uses $100/month of Synergy Products

    4.     Each of your reps finds 2 retail customers (average order $100/month)

    5.    Do the above for 10 months

     

    You now have $15,000++/mo in income


     

    The Math

    It seems almost too simple but here's the math

    • Your recruit 2 reps and each of them recruits 2 reps for 11 months= 2048 reps
    • Assume that your organization only achieves a mere 5% of the above example = 100 reps
    • Each rep has $1500/month in volume ($100 in consumption, $200 in customer orders,      and $1200 for 2 executive kit sign ups a month)
    • 100 reps X $1500/mo = $150,000 group volume. This equals $15,000/mo in basic commission income 
    • This example does not account for mega match commission. If you figure mega match into this example it would be approx $30,000/month in income

     

     

    Total income $15,000 to $30,000/month.

       

    Leverage + Megamatch = $$$

    Its quite a bit easier to use leverage to generate the sales than to try to do it all yourself. One of the most exciting parts of the business is Synergy’s revolutionary compensation plan. One powerful part of the plan is the Mega Match bonus structure. It pays you a matching bonus on anyone your personally introduce to the business. Lets say the people you introduced to the business in the above example were even more successful and they built their income up to $5000/ month. You would now be making $50,000/ month in mega match! Can you even imagine if you helped your sales team to achieve and income of $10,000/ month? This is the true power of leverage.


     

    For a complete overview of the compensation plan click below

     

    * These income projections are used to illustrate the income potential of the Synergy Worldwide business. They are based on a perfect geometric progression and assume no dropout or attrition ratio, which of course there would be.  Actual results could vary significantly. Success takes hard work and depends on many factors. These projections in no way represent a guarantee of success.