Wednesday, August 22, 2012
How To Market Your MLM Product At Vendor Shows
I've been looking at working some vendor shows with my Network Marketing product and I did some research as to what works and what doesn't in terms of vendor show success. Here is a checklist for you to use if you're marketing an MLM or Network Marketing product at Vendor shows.
Checklist for showing your product or service at a vendor booth.
*Make sure you are in a high traffic area, like being near the food court or the bathroom. These are places people will go and lots of people will go there. You will be sitting in the catbird seat if you get this prime real estate.
*Do your math. What's your return on investment going to be? If the rental for the booth is $150.00 and your product sells for $39.99, yet you have to purchase banners and decorations to make your booth eye appealing and catchy, add all those figures up and divide the total by the cost of your product. That will tell you how much you need to sell in order to break even. Anything sold over that number is pure profit.
*Know your product, know your compensation plan, be personable and friendly. I tell MLM people all the time, if you can't explain your compensation plan, then that means you won't be able to explain it to others. And if you can't explain it to others, then they won't be able to explain it either. The key to MLM or Network Marketing success is duplication; be able to teach others what you know, or else you won't have sustainable income.