If you’re reading this article you are probably looking into starting a home based business in the network marketing arena. Know that this my personal view on how to choose a MLM company from my past experiences. When I started my home based business I wish I would’ve researched the MLM industry and how to choose a company before joining. As I look back, this is some valuable information I wish someone would’ve passed on to me. If you are looking in to network marketing as a career, I hope this article assist you in choosing and starting your home based business right.Starting A Home Based Business Tip #1: Research the founder of the company and figure out where the founder/s originated from, have they had other successful businesses before? What’s their vision in life and the business? Where is the company based out of and do they have in-house manufacturing for the product that they sell? As I looked into my company these were question that had to find out and get answers to quick.Starting A Home Based Business Tip #2: What is the MLM companies history, do they have a proven success record?, Are they traded publicly?, Any third-party validation?, What are the annual sales? Do they have any “best something” award from third parties? and how successful are other associates?If yes, it shows that they have a great track record and the company is more than likely to keep on keeping on.Starting A Home Based Business Tip #3: Does the company take action in empowering others, educating or helping out the community in the local areas. Do they support any non-profit organization?To me this means that the company cares for others and is not too business oriented.It’s great to be able to participate in helping others in any way possible and knowing that they are involved as well is a plus.Starting A Home Based Business Tip #4: Having third-party accolades is great, for instance a best of state award, best nutrition, or best service for “X” year, athlete accolades and even anniversary accolades.Having accolades are important for edification for a new prospect. They come in handy, it also shows prove they are legit.Starting A Home Based Business Tip #5: Making sure the company is in social media is important to me, it shows that the company is actively marketing in different ways as well getting known in social media groups, most network marketing companies don’t advertise, but by being in social media it cuts advertising cost by millions which equals to more money, bonuses and incentives for the reps as they keep succeeding in their home based business.Starting A Home Based Business Tip #6: Best way to sift and sort companies I have discovered is first, figuring out what kind of product relate to me the most (electronic, on-line service, clothing, mobile, nutritionals etc…), second look into only those companies and go over the tips above and third, choose the company your going with and stay there. Before you do that go and “sponsor shop”. Seek out a great leader in the company, one that implements great off-line and on-line strategies like attraction marketing. In closing my friend, just do your homework. I hope the “Starting A Home Based Business Tips” above helped you in your journey to choosing the right MLM company.
Online Advertising and Its Benefits
Online advertising is way of advertising an item on the web utilizing numerous web functions. Companies across the globe are becoming digital along with being simpler as well as quicker. Online endorsing or advertising provides a brand new opportunity of conveying your message to a larger number of audiences.
The main advantage of internet advertising over the traditional offline advertising is actually the financial benefit, as the expenses involved in internet advertising is much low when compared with the traditional ways of advertising. Online advertising also helps you to easily display the ads to the most targeted and relevant audiences, where as in the traditional ways it would not be easy to go for a targeted advertising.
Advertising on the internet doesn’t have period restrictions and it is seen night and day throughout the world. Online advertising decreases the actual deal price as well as plays a role in the actual revenue from the organization. Most of the online ad platforms enable you to edit your advertisement content and you can modify your advertisement at any point of time. This flexibility is one of the major factor that helps internet advertising stand apart from the rest.
Certain online advertising programs also gives the flexibility to pay only if anyone clicks on your ads and this is an added advantage as you would not end up with unnecessary spending on your overall budget. ‘Pay- per- click’ advertising is actually one type of ad and it is an extremely economical method of obtaining relevant clicks and traffic to your site.
Smaller businesses claim that internet advertising provides optimum publicity for any minimum price. Online promotion or advertising provides immediate reaction, which makes it lucrative in order to both customer and also the vendor. Banner ads are illustrated with pictorial ads and therefore are generally seen upon as a means of getting higher visitors to the websites as well as provide a website link to the actual marketers website. The cost differs based on the quantity of ads proven.
Auction Listings Are Vital to the Success of Fundraising Auctions
Fundraising Auction Tip: You should always provide potential bidders with a printed Auction Listing of both your Live and Silent Auction items at any Fundraising Auction. A printed Auction Listing is vital for several reasons:
An Auction Listing informs bidders of the order of sale, and what is coming up next. If you keep your bidders guessing, they will simply not bid.
If bidders are not 100% certain of what they are bidding on, they will not bid. A printed Auction Listing should answer any and all questions about what is being sold in order to encourage bidders to bid as much as possible.
Bidders often need time to plan their bidding strategies, especially on multiple and/or larger value items. A printed Auction Listing helps them to do that.
Couples often need time to consult with each other about what they are willing to spend on something. A printed Auction Listing helps them to do that.
Potential bidders need to know the specifics, the benefits, and the restrictions on any item they are going to bid on, especially on travel and/or other higher value items. A printed Auction Listing should answer all of their questions, in writing.
After bidders see that they have lost an item to another bidder, a printed Auction Listing makes it easier for them to re-strategize on what else they can bid on.
Printed Auction Listings generally come in 3 forms:
Printed in the Event Program or Auction Catalog.
Printed on loose sheets of paper and hand-inserted into the Event Program or Auction Catalog.
Printed on loose sheets of paper and hand-delivered to all attendees, or left on each dinner table in the room.
Auction Listings cost practically nothing to produce and they can make the difference between the success and failure of a Live and Silent Auction. You should never conduct a Fundraising Auction without one.
A Case Study
Let me share a real-life experience with you. Once I was hired to conduct a Fundraising Auction for a nationally renowned organization. The event was held in a major hotel, in one of the country’s largest cities, with several hundred “black tie” participants attending. It was an extremely professional event, with the music, singing, lighting, speeches, and awards all perfectly timed and choreographed. Everything was done to perfection… exception the Fundraising Auction.
Although I had signed an agreement to serve as their Auctioneer nearly one year in advance of the event, no one bothered to contact me for any advice or help. Approximately one week prior to the Auction date, I contacted the group to see if they had replaced me with another Auctioneer. But they said that I was still their man.
Upon arriving at the event I asked for a copy of the Auction Listing. I was told that there were none. I’m not sure whether they felt that the Auction Listing wasn’t necessary, or whether someone forgot to have them printed. This was never made clear. When I asked what I was to use at the podium, I was told to copy the list of Live Auction items from a committee member’s computer. It took me about 30 minutes to copy three pages of hand-written notes in order to prepare for my role as their Auctioneer.
I knew that they had created a PowerPoint program showing the various Live Auction items. When I asked whether the PowerPoint slide order corresponded to the order of sale I had copied from the committee member’s computer, I was met with a blank stare. The committee member left to check the slide order, and returned to let me know that the slide order did not correspond my notes, and he provided me with the correct slide order… hand-written on a paper napkin. This forced me to re-arrange my three pages of hand-written notes before taking the podium.
There was a Live Auction Table with descriptions of the Live Auction items that were to be sold, but the table was not clearly marked, and it received significantly less attention than the Silent Auction Tables, which were clearly identified. Since the Live Auction Table was located adjacent to the “Raffle Table”, it appeared that most people thought it was part of the raffle and therefore paid very little attention to it.
According to the event program (which did not include an Auction Listing), I knew approximately when I was to begin the Live Auction. At the designated time the Master of Ceremonies announced the start of the Live Auction to the several hundred people in attendance, and introduced me as Auctioneer. As I approached the podium I realized that photographs of award winners were still being taken… directly in front of the podium where I was to stand… which required me to stand aside for several minutes until the photographers were done. Can we say “awkward moment”?
As the photographers cleared, I approached the podium and began my Live Auction introduction. Approximately one minute into my introduction, the “Raffle Committee” approached the podium and stopped my Live Auction Introduction in order to pull the 8 or 9 Raffle Winners. These drawings lasted about 5 minutes. Upon it’s conclusion I was allowed to resume the start of the Live Auction.
When standing at the podium two intense and extremely bright spotlights were pointed directly at the podium. The lights were so bright that I literally could not see the center 1/3 of the room. I could see the tables on the right, and on the left, but was totally blinded when looking straight ahead. It took perhaps five minutes before the spotlights were turned off.
While at the podium and describing Lot #1, I had to ask someone to start the Lot #1 PowerPoint Slide… because apparently no one was assigned that job.
So with only the Auctioneer’s verbal description, and a PowerPoint slide, it appeared that few people in the room had any idea about what we were selling… or when we were selling it… until it was announced by the Auctioneer. As a result, bidding was extremely light and the final results fell several thousands of dollars short of where they should have been
The learning experience is this:
The Live Auction is where you place your better items, and where the real money should be made at any Fundraising Auction. Let bidders know as far in advance as possible what you will be selling, and the order of sale, so they can get excited about the Auction, and plan their bidding strategy accordingly.
Auction Listings are absolutely vital to the success of both Live & Silent Auctions. In my opinion, revenues at this Auction fell thousands of dollars short of where they should have been, because no Auction Listing was provided to the guests.
If bidders are not perfectly clear on what is being sold, including both the item’s specifics, benefits, and restrictions, they will not bid.
When you have a committee of volunteers, especially volunteers having full time jobs and/or very busy schedules, the services of a professional Fundraising Auctioneer can help to keep the committee on track.
And once you retain the services of a professional Fundraising Auctioneer… use the services that you are paying for.