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What is Monetization and How Will It Help My Network Marketing Business?

Network Marketing the old school way is dying; people just can’t afford it. With the price of fuel skyrocketing it’s just not a viable way to build your MLM business. The cost of living has gone up so much the average person can’t continue to buy leads month after month.

The good news is that we don’t need to do that kind of marketing anymore. Now, with the Internet and Web 2.0 social marketing, we are on a whole new playing field. We can set up our marketing system with monetization methods in place while we attract new prospects to our network marketing business.

What is Monetization?

In the network marketing industry, and especially with the new attraction marketing model, monetization is the buzz word for generating cash flow in areas that normally cost money. During the dot-com burst many web sites failed due to the lack of monetization and for that same reason most network marketers fail in their MLMs because they use old school methods.

The old school method has some monetization also, but it’s at the cost of the new recruits. The upper level distributors and industry leaders are the only ones making the money with the training DVDs/CDs , motivational seminars and books while the little guy is struggling at the bottom.

Monetizing Your Network Marketing Business


Monetization is the heart of the new attraction marketing model and is one of the main aspects of what makes this new model so powerful. Now for the first time in network marketing history can the little guy just starting out have the leverage to stay for the long haul and build their MLM business.

You may be asking, how do I incorporate monetization into my network marketing business?

First thing you need to do is plug into a system that will teach you attraction marketing. The system I found to be the best is the Renegade University. The University teaches highly effective low- to no-cost methods of marketing bringing in highly targeted prospects while generating cash flow.

At the Renegade University we use Ann Sieg’s book The Renegade Network Marketer as our course book. By plugging your new prospects into the same training you’re receiving, you receive a commission for both the course book and the University’s Renegade Professional, offsetting any costs for your training. These are only 2 examples of the many different ways that the Renegade University system incorporates monetization.

You need to ask yourself, how far can I take my business if I don’t need to worry about my cash flow?

If you are tired of chasing your family and friends, talking to perfect strangers, doing cold calls, and buying overpriced leads, then I encourage you to try out what the Renegade University has to offer.

 

Posted on Thursday, April 17, 2008 at 07:21PM by Registered CommenterJohn Enns | Comments1 Comment | References1 Reference

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Reader Comments (1)

Wow, I'm listening to Mike Klinger talking about monetization. I just received your digg shout and am "digging" your article in more ways than one. Great article and great blog. Your presentation is very professional.

Helping You Help Others,

Jeremy

April 17, 2008 | Unregistered CommenterJeremy Henderson

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