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Network Marketing

Network Marketing. Getting Started with Network Marketing. What you can expect. Understand what Network Marketing is. Learn the difference between legal Multi-level Marketing (MLM) companies and illegal Pyramid Schemes. Debunk the Myths of MLMs. Learn the benefits of Network Marketing.

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Network Marketing

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  1. Network Marketing Getting Started with Network Marketing

  2. What you can expect • Understand what Network Marketing is. • Learn the difference between legal Multi-level Marketing (MLM) companies and illegal Pyramid Schemes. • Debunk the Myths of MLMs. • Learn the benefits of Network Marketing. • Define your first steps in the Young Living business. What is Network Marketing Network Marketing Myths Benefits of Network Marketing Taking YourFirst Steps Learn More Network Marketing V1.0

  3. Congratulations! • Welcome to the world of network marketing! • You have either just taken or are about to take a great step forward… What is Network Marketing Network Marketing Myths Benefits of Network Marketing Taking YourFirst Steps Learn More Network Marketing V1.0

  4. What are the qualities of yourdream job or career? What is Network Marketing Network Marketing Myths Benefits of Network Marketing Taking YourFirst Steps Learn More Network Marketing V1.0

  5. An ideal career… • Work for a great company, product or service. • Do something meaningful and fun! • Have a great boss… or no boss. • Unlimited income. • Time freedom. • Personal growth. • Opportunity to give back. • Recession-proof. • A short commute… or no commute. What is Network Marketing Network Marketing Myths Benefits of Network Marketing Taking YourFirst Steps Learn More Network Marketing V1.0

  6. What is Network Marketing? What is Network Marketing Network Marketing Myths Benefits of Network Marketing Taking YourFirst Steps Learn More Network Marketing V1.0

  7. COMMON business models There are many different ways for a company to sell its products to its customers. Manufacturer Distributor Retail Franchise Manufacturer What is Network Marketing Network Marketing Myths Benefits of Network Marketing Taking YourFirst Steps Learn More Network Marketing V1.0

  8. COMMON business models There are many different ways for a company to sell its products to its customers. Distributor What is Network Marketing Network Marketing Myths Benefits of Network Marketing Taking YourFirst Steps Learn More Network Marketing V1.0

  9. COMMON business models There are many different ways for a company to sell its products to its customers. Retail What is Network Marketing Network Marketing Myths Benefits of Network Marketing Taking YourFirst Steps Learn More Network Marketing V1.0

  10. COMMON business models There are many different ways for a company to sell its products to its customers. Franchise What is Network Marketing Network Marketing Myths Benefits of Network Marketing Taking YourFirst Steps Learn More Network Marketing V1.0

  11. ONLINE RETAIL Many companies with a bricks and mortar shop are now online, expanding their distribution opportunities with little or no cost. Others have no storefront and are successful entirely online. What is Network Marketing Network Marketing Myths Benefits of Network Marketing Taking YourFirst Steps Learn More Network Marketing V1.0

  12. ONLINE RETAIL Many companies with a bricks and mortar shop are now online, expanding their distribution opportunities with little or no cost. Others have no storefront and are successful entirely online. What is Network Marketing Network Marketing Myths Benefits of Network Marketing Taking YourFirst Steps Learn More Network Marketing V1.0

  13. What is network marketing? Network Marketing is a business model in which a distributor networkis needed to build the business. Independent distributors selldirectly to customers. What is Network Marketing Network Marketing Myths Benefits of Network Marketing Taking YourFirst Steps Learn More Network Marketing V1.0

  14. How big is network marketing? Total Global Sales for 2013… Music Industry: $15 Billion Video Gaming: $76 Billion Movie Industry: $88 Billion Organic Products: $90 Billion Network Marketing: $178 Billion What is Network Marketing Network Marketing Myths Benefits of Network Marketing Taking YourFirst Steps Learn More Network Marketing V1.0

  15. Congratulations young living! In 2015 Young Living ranked • #11 for sales in North America. • #20 for sales worldwide.* * Source: Direct Selling News Getting Started Create aBusiness Plan Finding Customers Turn Prospectsinto Customers Turn Customers into Advocates Building A Network V1.0

  16. Why network marketing? “The richest people in the world look for and build networks. Everyone else looks for work.” Robert T. Kiyosaki What is Network Marketing Network Marketing Myths Benefits of Network Marketing Taking YourFirst Steps Learn More Network Marketing V1.0

  17. Why network marketing? • Low upfront investment • Flexible hours and independence • You are directly rewarded for your efforts and success • A great way to build your personal network • Share your experience with a great product! What is Network Marketing Network Marketing Myths Benefits of Network Marketing Taking YourFirst Steps Learn More Network Marketing V1.0

  18. Typical mlm distribution model YOU • Your network starts with you! • You meet people who are interested and become customers. • Some decide that they also want to build a business. They find others. • Network Marketing companies rely on a strong network of distributors and many, many customers. • About 2% of Young Living members have successful organizations. • The rest just love the products! What is Network Marketing Network Marketing Myths Benefits of Network Marketing Taking YourFirst Steps Learn More Network Marketing V1.0

  19. Hmm… I have some questions. What is Network Marketing Network Marketing Myths Benefits of Network Marketing Taking YourFirst Steps Learn More Network Marketing V1.0

  20. DISPELLING THE MYTHS YOU Q: Why is it called Multi-level Marketing? A: Because commissions are paid out at many levels within the distribution network. “I would rather make 1 percent on the efforts of 100 people than 100 percent on my own efforts.” - J. Paul Getty What is Network Marketing Network Marketing Myths Benefits of Network Marketing Taking YourFirst Steps Learn More Network Marketing V1.0

  21. DISPELLING THE MYTHS YOU Q: What’s the difference between legal multi-level marketing companies and illegal pyramid schemes? A: There are many legal and well-known multi-level marketing companies that have existed for decades. They are legal because they have real customers and they sell real products. The bulk of the distributor earnings is from product sales to customers. Pyramid schemes generate sales by signing up more distributors and there are few real customers. Ponzi schemes don’t even sell products – they are simply a fraudulent scheme to move money up the chain. What is Network Marketing Network Marketing Myths Benefits of Network Marketing Taking YourFirst Steps Learn More Network Marketing V1.0

  22. DISPELLING THE MYTHS YOU Q: How do I know Young Living is a legal multi-level marketing company? A: Young Living has been around since 1993, and prides itself on its integrity. We manufacture our own products and sell them directly to customers through the distribution network. Almost all of the commissions are paid on sales to customers, not on signing up distributors. About 98% of Young Living members are just customers. What is Network Marketing Network Marketing Myths Benefits of Network Marketing Taking YourFirst Steps Learn More Network Marketing V1.0

  23. DISPELLING THE MYTHS YOU Q: Does it matter how many levels are between me and the top of the multi-level distribution network? A: No it doesn’t. Your business and it’s success will be determined by you. What may influence your success is the direct support you get from your sponsor. What is Network Marketing Network Marketing Myths Benefits of Network Marketing Taking YourFirst Steps Learn More Network Marketing V1.0

  24. DISPELLING THE MYTHS YOU Q: What if I’m not good at selling. Can I still do this? A: Absolutely! Have you ever been for a meal to great restaurant and then told your friends? Talking about Young Living is very similar. The more you use and enjoy the products the easier it will be for you to share the experience with others. What is Network Marketing Network Marketing Myths Benefits of Network Marketing Taking YourFirst Steps Learn More Network Marketing V1.0

  25. DISPELLING THE MYTHS YOU Q: But I don’t have this huge network of friends who are interested in this stuff. A: It’s a common misperception that you need to know a lot of people to be successful in network marketing. Almost all people who are successful in network marketing find that being proactive quickly increases their personal network. What is Network Marketing Network Marketing Myths Benefits of Network Marketing Taking YourFirst Steps Learn More Network Marketing V1.0

  26. DISPELLING THE MYTHS YOU Q: I don’t want to be “that person” who always harasses their friends to buy? A: No one wants to be “that person”. Network marketing isn’t about harassing friends, it’s about sharing something you’re passionate about because you know it will be of value to others. What is Network Marketing Network Marketing Myths Benefits of Network Marketing Taking YourFirst Steps Learn More Network Marketing V1.0

  27. DISPELLING THE MYTHS Q: Are pyramids really bad? A: The Egyptians built the pyramids to last for ever. Three thousand years on, they prove to be a durable design! What is Network Marketing Network Marketing Myths Benefits of Network Marketing Taking YourFirst Steps Learn More Network Marketing V1.0

  28. What to look for • Products that interest you. • Quality consumable products • Ethical business practices • Solid corporate reputation • Minimal inventory and product requirements • Fair compensation plan and great corporate support What is Network Marketing Network Marketing Myths Benefits of Network Marketing Taking YourFirst Steps Learn More Network Marketing V1.0

  29. What are the benefitsof network marketing? What is Network Marketing Network Marketing Myths Benefits of Network Marketing Taking YourFirst Steps Learn More Network Marketing V1.0

  30. An ideal career… • Work for a great company, product or service. • Do something meaningful. • Have a great boss… or no boss. • Unlimited income. • Time freedom. • Personal growth. • Opportunity to give back. • Recession-proof. • A short commute… or no commute. What is Network Marketing Network Marketing Myths Benefits of Network Marketing Taking YourFirst Steps Learn More Network Marketing V1.0

  31. An ideal career… • Network marketing can provide you witheverything you’re looking for in a career. • Without: • Office politics • Discrimination • Compromises • A boss • An alarm clock What is Network Marketing Network Marketing Myths Benefits of Network Marketing Taking YourFirst Steps Learn More Network Marketing V1.0

  32. PERSONAL DEVELOPMENT • One of the greatest benefits, aside from the flexible lifestyle and income opportunities is the personal development. • You are 100% accountable for your success. • Find that inner motivation and drive to succeed. • Stretch yourself beyond your comfort zone. • Fulfill your dreams and give back. • With the support of coaching and mentoring. What is Network Marketing Network Marketing Myths Benefits of Network Marketing Taking YourFirst Steps Learn More Network Marketing V1.0

  33. So how do I get started? What is Network Marketing Network Marketing Myths Benefits of Network Marketing Taking YourFirst Steps Learn More Network Marketing V1.0

  34. Start with why • When you think about Young Living, what resonates with you? Digging Deeper Take our Course “Seed to Seal” What is Network Marketing Network Marketing Myths Benefits of Network Marketing Taking YourFirst Steps Learn More Network Marketing V1.0

  35. Start with why • What would you do if money were no concern and you had control over your time? Digging Deeper Take our Course “Creating Your Why” What is Network Marketing Network Marketing Myths Benefits of Network Marketing Taking YourFirst Steps Learn More Network Marketing V1.0

  36. Start with why “People don’t buy what you do, they buy why you do it.” - Simon Sinek Digging Deeper Watch Simon Sinek’s TED talk “Start With Why” What is Network Marketing Network Marketing Myths Benefits of Network Marketing Taking YourFirst Steps Learn More Network Marketing V1.0

  37. The first steps • Start using the products. • Look online for different ideas to use essential oils. • Experiment with them. • Love them! What is Network Marketing Network Marketing Myths Benefits of Network Marketing Taking YourFirst Steps Learn More Network Marketing V1.0

  38. The first steps • Get some tax advice about the best way to set yourself up to maximize your income. • Get some business cards. There are plenty of good quality low cost options online. Search for “print business cards” and start with a hundred. • Work with your sponsor towrite your goals. • What do you want to achievein the next 30 days, 3 months,12 months and five years? What is Network Marketing Network Marketing Myths Benefits of Network Marketing Taking YourFirst Steps Learn More Network Marketing V1.0

  39. The first steps • Start by writing a list of everyone you know. These are your “Active Candidates.” You may not present your opportunity to everyone, but it will start you thinking about your network. • Begin meeting people and have the goal to stay in touch with everyone you meet. Digging Deeper Your next step is to take the Young Living Course “Approaching Prospects.” What is Network Marketing Network Marketing Myths Benefits of Network Marketing Taking YourFirst Steps Learn More Network Marketing V1.0

  40. Where can I get more information? What is Network Marketing Network Marketing Myths Benefits of Network Marketing Taking YourFirst Steps Learn More Network Marketing V1.0

  41. More information • “GoPro. 7 Steps To Becoming A Network Marketing Professional” by Eric Worre • Check out other YLU courses. • Essential Oils Basics • Approaching Prospects • Building a Business Plan • Compliance • Compensation What is Network Marketing Network Marketing Myths Benefits of Network Marketing Taking YourFirst Steps Learn More Network Marketing V1.0

  42. Young living university Visit YLU Canada to access more courses and tools to assist you on your business and personal growth journey. https://www.youngliving.com/vo/#/login Network Marketing V1.0

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