According to Ellie Drake and Mike Filsaime the venerable ways of Network Marketing are dying. They produced an E-book recently, called "The Death of Network Marketing." In the book, Ellie does a profitable job explaining why she feels that the passe ways of building a network marketing business will die.
One of the prime examples she former in her book was the disappear industry. In the past, depart agents were highly old. People would book their depart arrangements through a fade agent because they knew they would gather the best deal. However, with the introduction of travelocity.com, expedia.com and a multitude of other go websites, people can now book online from the comfort of their bear home and do money. This literally destroyed the move industry of the past. Another example Ellie dilapidated was the movie industry. Websites like netflix.com injure blockbuster by allowing customers to rent movies online cheaper than blockbuster.
These are fair two examples of how industry's have been harm through the power of online websites. There has been a shift in MLM. Ellie Drake and Mike Filsaime have called it NetWeb Marketing. With the introduction of Youtube.com, Myspace.com, Squidoo.com, and other social networking websites, they have allowed people to connect and originate relationships online. Ellie's major point in writing the death of network marketing is that MLM company's are either going to have to shift to netweb marketing or lose their competitive edge in the market position.
This makes a lot of sense to me as an Internet Marketer. I have been using websites like MySpace and YouTube to benefit grow my downline and prospect's. Social Networking websites have allowed me to accomplish relationships. These relationships have been crucial to my network marketing business. The ragged days of the 3 foot rule and cool calling are slowly dying. I passe to employ these techniques with tiny success. The biggest thing people need to realize is that wintry calling and the 3 foot rule are not duplicatable on a massive scale. People are not going to frigid call strangers and face massive rejection for long. I occupy people will continue to employ the obsolete ways of doing network marketing for some time, however it's going to be harder and harder to grow a stable long term business using these techniques.
Ellie Drake makes a lot of sense when she talks about the "attrition" factor in MLM. It is a ample quandary and has been for years. consider about how the attrition factor has been maximized because of the Internet. Many modern associates collect unfortunate shortly in their businesses when they are not making the money they hoped for or it isn't coming as easy as they had envisioned. These original associates go to the Internet and do a Google search and peep thousands of other websites offering advice and current systems promising an easier road. The effect current associate begins to listen to other mentors and soon quits their company and try another one or gives up completely and calls the whole network marketing industry a scam. A novel network marketing junky is born. Attrition has now been maximized. We have to do a darn ample job building systems that earn, so that we can hold our associates attentions.
I agree with Ellie Drake and Mike Filsaime that we are speedy keen from Network Marketing to Netweb marketing. I feel it is a perfect time for entrepreneurs like Ellie Drake and Mike Filsaime to educate the Network Marketing Industry on a massive scale before it's too slack.
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