For those of you that are new to Network Marketing and more-so an online MLM business I want to uncover something for you that a lot of MLM business people do to supplement the income that they earn through the MLM company that they joined.  And not only is what I’m about to talk about going to supplement your primary MLM opportunity but it will  provide you with cash flow while you build your MLM downline in your primary business.

I’m talking about monetizing.  What’s that, you ask.  It means to cater to a specific audience.  For your MLM online business it means you should create a website that will cater to people that need information and products themselves to help build their mlm business.

Therefore, here are 5 things that other successful online MLM business owners do and you can too to monetize your website to generate cash flow while you build your MLM downline:

Promote Affiliate Products.
This is really a no-brainier and is ridiculously easy to do.  Affiliate products are products that have been created by someone in which you promote on your website.  When someone clicks on the link that directs you to that product, you will earn a commission off of the sale of that item.  To get affiliate links, you need to sign up to become an affiliate member for a company that offers the program.  Joining an affiliate program is free.
What you want to keep in mind when you’re promoting an affiliate product, however is you want the product or service that relates to an MLM business.  Don’t promote just any random product that doesn’t relate for people will see that you’re out to simply make money – and you’ll end up making very few sales.

Note: The great thing about affiliate products is you don’t have to deal with a merchant account to get paid.  All of this is done through the person that created the product.  Typically you provide a Paypal user name in which your share gets deposited in once a sale is made through your affiliate link.

Create Your Own Products.
This one may take a little time for you to produce depending on the product that you want to create and sell.  This can be a huge advantage over a sale of an affiliate product because you keep 100% of the profit.  Furthermore, by creating products with great value helps brand you (do not help promote your MLM business opportunity which could be against their policy anyway.  Instead promote yourself, lead with value and show through the value you provide why you would be a good upline to an mlm prospect).

Create Training Videos.
These videos can be about anything that will help someone that can apply to their online MLM business.  Again, this should relate to the MLM industry because it’s all about catering to this specific industry and niche.  The videos don’t have to be very long.  They can be a few minutes on how to do whatever.
Once you create a training video, get a Youtube account if you don’t have one, upload it, title it, and provide a link back to your website (which is all entered in a box when you go through the upload process).
Doing so creates what is called a backlink to your website which is something that helps move your webpage higher up when getting indexed in the search engines.

Provide An Opt-In Form.
Providing an Opt-In form on your webpage or blog is your m.ney maker.  Why?  Ever hear the Network Marketing quote, “the m.ney is in the list.”  An Opt-In on your page is going to get people on your email subscriber list which is going to help you make more money.
To create an Opt-In from you need to sign up for what is called an email auto responder like Aweber.
Once you sign up with them simply follow the steps on creating one, and place it on your site.  You can find videos (I’m sure) at Youtube on how to put one onto your blog.
The offer that you’re promoting on your Opt-In form should be something that can provide great value to your reader and something that’s going to help them.  Also, the best route in which to capture a readers name and email is by providing something for free.  This could be a newsletter that you may want to send out through email every month, training videos, or E-book.
I would suggest, however, before you sign up for an email auto-responder that you focus on getting traffic to your site first because an auto-responder is a monthly expense that you don’t need if you have no traffic to your site, so focus on that first.

I hope that if you’re someone new to Network Marketing and are just getting started with your online MLM business, that you can start to see the big picture on how other Network Marketers generate multiple streams of income outside of any MLM company they may be a part of.

Please feel free to leave your comments below on this post for I look forward to any feedback I receive.

Want to know something that I just cannot stand?  It’s opening up my in-box to check my email and there’s ALWAYS spam emails in there.  I’m sure you’ve gotten them to.  And what sickens me even more is that some of them are Network Marketers that are dying for your attention.  I’m not talking about the Network Marketers that email you after you’ve gotten on their email list – No.  I’m talking about the ones that get your email address from….well, somewhere – and sends out these emails persuading you to buy something.
It’s just a shame that this is the type of marketing that people in our industry resort to in order to fill their pockets with cash.  they’re crooks.

This is NOT the type of marketing that you should be doing if you’re wanting to build a long-term sustainable Network Marketing business my friends.  So don’t do it because all you’re going to do is piss off a lot of people that are serious about their success in this industry.

Another No-no when it comes to Network Marketing is to never keep dumping from one MLM company to the next.  Why you may ask?  Because it tells people that you are not willing to put in the work.  It also tells people that you cannot make the commitment to stick with a company.  And more importantly it tells people that there is something wrong with you – and not the company because – in truth – that’s really where the issue is.

Here’s a third No-no that you need to follow as well and that is to never promote every freaking product that comes out on the market to your list.  The reason why is because all you’re going to do is completely destroy all of the credibility and trust that you’ve worked so hard to gain from the people on your list.
They’re going to see right through you and you’ll never be seen as a leader but rather the opposite – a loser, a fake.

Be honest with yourself – and honest with all of the people in your list.  Promote only products that you know who the creator is – and trust the products that you create.  But mores0 that the product over delivers based on it’s price.

It may be especially tempting for you to try any of these methods even just once when they’ve struggled so long in their business and they’re just looking for their first break through.  But you must realize that the big players in the Network Marketing industry didn’t get to where they are by cheating their way to the top.  They got there by being honest and genuine.

I was pondering off and on again all day about what exactly I would write about in my blog post tonight – and I almost decided to focus on other marketing that needed to be done until I, for some reason, was thinking about something that I had learned quit a while ago in this industry.  And this one thing is being preached all the time that you should not do because it turns away more of your MLM prospects than it attracts.  Yet, there are still so many MLM distributors that do this.

S0 what is it you wonder?

It’s leading with your MLM opportunity when talking to your MLM prospects.  It doesn’t matter which method you use to communicate with them for the first time be it through the phone, through email,  through a webinar, or in person.  Never jump right in and start talking to them about your business.

You’re going to sound like a salesman (even though you are considered one)- perhaps even a pushy one through many MLM prospects eyes.  Nobody wants to deal with a pushy salesman.  Not you – not me – not anyone.  We all tend to get a little defensive and take a step back when we’re dealing with people like this.

I’m not going to say that you’re not going to make any sales – but you will.  However – there is a chance that you’re going to sign up a prospect that was too nervous to say, “I’m not interested” to you over the phone.  These people will end up requesting a refund after a week or so.

So what have you gained other than temporary satisfaction that you recruited someone?  Nothing.
Instead, introduce yourself and explain in a sentence or two as to what you’re looking for in a MLM prospect.  Why?  Because then  you don’t come off as a pushy salesman and you’ll then start to gain a little trust with them right away.  Then you should turn your focus to your MLM prospect asking them a series of questions to get to know them and understand what it is that they’re looking for – and to see if they would be a good fit to be a part of your team.

If you do it this way, you’ll be more relaxed and talk naturally to your MLM prospects which will make you sound far more genuine.