Hi, everyone. Today, I want to talk a bit about what skills you need to be a good online business owner, specifically multi-level marketing.
One of the things you can do to build your business is to automate it. And by automated, try to generate leads automatically, try to market to leads automatically, and try to follow up automatically. Now, depending on the price point of your business, if it's low enough, you could actually get people to convert automatically. So let me just walk you through a typical process. And this process in online marketing specifically is known as a funnel.
So one of the things you need to think about when getting started with MLM or multilevel marketing is how to go to market.
Jim: Hello Angelique. Angelique: Hello. Jim: How are you? Angelique: Good. Thank you for staying up so late for us.
Hi there. Today, I want to talk a bit about what are some of the advantages of being in an MLM. So you hear a lot about people talking good or bad about MLMs and why people are involved in MLMs and why you shouldn't be involved with MLMs. MLM is multilevel marketing.
So first of all, MLM stands for Multilevel Marketing. And what that means is that there are several levels of people that are selling within the corporation or within the group or the team. At the top, you have a sponsor. And actually, that sponsor probably has a sponsor. So there's the upline, which are people that are above that sponsor, and there's downline, which are people that are below that sponsor. And people below that sponsor have people below them. So that's why it's called multilevel marketing.