Are you relying on network marketing to promote Empower Network? If you are having a hard time keeping up with the competition, you need to go over the following article.
Keep track of what your competitors are doing. You should establish a circle of contacts who socialize a lot and are likely to run into your competitors. Have them report to you and give you details on where your competitors are looking for new customers and what kind of products and prices they were advertising. If possible, establish friendly relations with your competitors and keep each other updated on the new products and the prices you are offering.
Do not let Empower Network competitors steal your customers. You can keep your customers by contacting them regularly and offering them new products and incentives they will be interested in. Create a newsletter or use social networks to keep your customers updated, but do not hesitate to contact these people personally to catch up with them. Keep a little file on each person to remember which products they are interested in or which topics of conversation they seem to enjoy the most.
Offer products, prices or incentives your competitors do not have. This means you will have to build a solid network of distributors and stay up to date with new trends to get an idea of which products will become popular among your customers. You should also look out for stores with foreclosure notices; these stores will often sell large quantities of products at a very interesting price before closing. Do not let your customers or competitors know where you got your products.
Let your customers know you appreciate them by offering some freebies or throwing some parties for your customers. People will be more likely to keep getting their products from you and referring their friends to you if they appreciate what you do for them. You should also consider donating a part of your profits to a good cause so people would rather spend their money on your products. Focus your efforts on your newest contacts; these customers will be more likely to compare what you offer to what your competitors have before they decide to purchase a product.
If you cannot compete with other network marketers, consider forming an alliance. If you worked together, you would not have to constantly lower your prices or invest in promotional events and offers. You will be more efficient if you share ideas and combine your networks. You will be able to cover a large territory if you do not have to defend your own turf and work together to find the best products and prices available from distributors. You will have to share your profits, but teamwork will make your job a lot easier and other competitors will be no match for your alliance. Meet with your main competitor and talk about the pros and cons of working together.
These tips will help you become the best seller on your market, but remember that it takes time to become the best. Keep track of your results to make sure you are using the best techniques.