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Network Marketing Products – How to Pick a Good Product

There are thousands of network marketing products offered these days but how do you pick a good product? Deciding which product to become affiliated with or purchase can be a daunting task. In researching products or services you will no doubt find all kinds of pros and cons. Some of these may or may not be legitimate claims so it is vital that you do complete research.

Eventually you will want to select a product that is something that you can relate too and use yourself. Having firsthand knowledge will help you in marketing the product to others. By using the product you can have a documented and proven testimonial of what the product has done for you. If your product has to do with weight loss, document your success from the day you start. In this documentation it will be a good idea to keep a journal, take pictures or make videos. This will be your validation for your business and your success. If your product deals in wealth management and finances you can do the same thing. You will always want to have some type of proof for those that are skeptical. This is why the most legitimate network marketing companies will have either written or video testimonials on their websites.

Becoming the product of your products or services is important. Your knowledge and experience will grow exponentially having experienced what can happen before during and after using your product. You will find that you will become more compassionate and sincere when dealing with others about your network marketing business. When you display compassion and sincerity to others they are more likely to trust you. Trust is what network marketing teams are made of and teams are what your business is made of.

If your products or services have live events, go to these events. They are designed to give you the most up to date information about the company and services. This will allow you to stay apprised of what is happening. Most new products or services are only revealed at these live events. This will give you a heads up on your competition that does not attend the event. You will have first knowledge of the product and what it is capable of. You can use this to your advantage by being one of the first to aggressively market this new product. This advanced knowledge and marketing will gain you huge profits that you and your bank account will thank you for.

Network marketing products have to be in high demand. Marketing any product on the internet can be challenging. If your product is in high demand there are millions of people searching for it and if you do your marketing correctly you will make sales.

Along with being high demand, the products need to have high profits to you. Products with a profit margin below 35% are not high profit products. 50% is a great profit margin. Products with this type of profit are in very high demand and are high end. This means that you will have to sell smaller amounts of product to get the highest payout for your time and efforts. These higher end products will usually have residual income attached to them furthering your success.

Choosing the right product and the right network marketing opportunity will make a huge difference. When you choose the one that best suits your needs, your success will be determined by you. Rely on your support system, mentors and trainers and your success will almost be guaranteed.

Best Internet Marketing Product Review and How To Spot A Fake Review

Entrepreneurs may have a challenging time in determining which internet marketing product review is unbiased because the very nature of internet marketing product reviews are being provided by internet affiliate marketers whose goal is to generate returns from those products. And that’s OK… Below is a listing of things to look for in an Internet Marketing Product Review to help you narrow down and filter out the helpful product reviews from the bad.

Are Unbiased Internet Marketing Product Reviews Doable?

Whether you are now new to the profession of Internet online marketing or a seasoned online marketing veteran finding reviews that are in fact informative to you can be trying to unearth. And why do you really need to locate an internet marketing product review as, in just about 100% of all internet marketing product purchases, you are offered a money back promise anyway?

Its all to do with the purchase behavior of humans. We seek out information as a natural part of any purchase transaction. This is connected to our want to reduce the danger of that purchase, which may be coded in our humanity.

Risk reduction is what helped us stay alive for millions of years and evolve to the species at present and just because its not evaluating the peril of the taste or smell of a food doesn’t make it less significant. Its all interconnected to our current natural world and in today’s world one of the major risks we come across is people trying to take our money and not providing value for that exchange

An Internet Marketing Product Review, when structured accurately can provide this risk evaluation for us without us having to commit to the hazard with our hard earned money, even if the product does have a 100%, 30 or 60 day money back warranty.

How To Determine the Best Internet Marketing Product Review

Many Internet Marketers will, as part of their internet affiliate marketing strategy, compose a review for the newest creation they are selling. These reviews can be valuable for internet marketers desiring to comprehend if this service or product will benefit them with their online marketing strategy, but thought must be exercised.

Below is a list to help you select a good review from a bad.

1. Most reviews will be written as if the internet marketing affiliate has in reality downloaded and used the merchandise. And why wouldn’t they?! If the product being reviewed as as good as they are stating surely they would want to use.

Unfortunately in the large majority of instances these affiliate internet marketers have likely not used the service or product at all and are telling untruths. If the review has phrases like “yesterday I downloaded…”,”this week I received…”, “I have had the distinct pleasure to buy…”; then in my experience they have no time spent with the service or product whatsoever

Does It Sound To Good To Be True

2. The second feature to look for when identifying if a review is real or not is looking for positive and negative details.

If you stumble on a product review and your are tempted to purchase, be sure you look for authentic reaction on the product. The reason you often don’t see a lot of this has many reasons.

First the reviewer has likely not bought or used the service or product, as previously stated, and second of all they think that if they write something detrimental about their chosen product it will switch likely buyers off. And, in some instances it likely will.

In actuality the more authentic comparative details the Review contains the more effective it will be as a pre-selling instrument for the internet marketing product no matter what if the service or product is for article marketing, SEO, SEM, List building or blogging.

Consider this just for a sec, these reviews are in the main testimonials and testimonials are based on the underlying psychological concept of Social Proof. Social Proof is the proven notion of accepting something as others agree to it, of doing something as others are employing it.

Social Proof works as it is what professionals call a “decision shortcut – a quick way for making decisions. Just like word of mouth advertising. But unless there are some ‘non-shiny’ points about an Internet service or product then these Social Proof Points sound false.

Prove It To Me With Pictures

3. Internet Marketers using Reviews to promote a service or product can boost their sales of these products by showing authentic proof.

This testimony can be pictures of SERP’s if the product is selling Search Engine Optimisation or Search Engine Marketing, or it can exhibit a video of the reviewer logging into an affiliate account in real time and showing revenue results. Actual Proof of the Pudding.

This Social evidence – whether it be pictures, screen dumps or screen captures and real time videos, will help consumers decide if the internet marketing product review is not only real but moreover if the service or product you are considering buying is really any helpful. Why else would you be reading the reviews??

What Makes A Real Review

1. Has the author actually acquired and implemented the product being reviewed? Look for fundamental phrases..”today I downloaded…”, “this afternoon I downloaded…”, “I have had the pleasure to download…” as proof they have not!

2. Does the internet marketing review have any details about the detrimental points of the service or product or is it all honey coated nonsense. If there are no bad points written about and you spy the obvious secret language from number 1, keep searching for more reviews on the internet marketing product.

3. Substantiated Proof – Does the internet marketing product evaluation give any proof that the product really achives the results claimed?. This may be screen dumps, video or you may notice the product being sold in operation on the review website. Without this substantiation you need to consider the other 2 points more carefully.

The Five Stages In the Life Cycle of Online Products

Life cycles are an extremely useful concept. Like most models, they help people to visualize the progress of an online product under certain conditions. They help people to predict the effects of decisions within the life cycle of that product.

There are a number of different life cycles. In fact, everyone who has an interest in an online product has some form of life cycle. Learning content creators have their version of a life cycle based on the effort. Accountants have their view of a life cycle based on income. Project Managers often have two. One based on the development cycle and one based on the types of projects needed. And marketers have their view.

In a previous article, I suggested a very complex life cycle. However, in this article I’m going to describe one life cycle of online products as seen by a marketer.

This marketing life cycle consists of five steps.

1. Pre-Launch

The period before the launch of a product is the focus of many other life cycles. But for a marketer, this time is used for two main purposes. The first is preparation of a marketing plan and marketing assets to be used later in the life cycle. However, this period is also used to create a buzz. Frequently this is a very heavy period of marketing as pre-orders are important to recovering the cost of development of the online product. A large pre-order also helps to focus partners on the product so that they continue to support the marketing effort in the next stage.

2. Growth

Once the product is released there will be an initial period where sales grow. While the pre-launch focused on the initial penetration of the market, this stage is more concerned with obtaining a commanding share of the market. This period is often characterized by high marketing spending with respect to profit.

3. Stabilization

In time, the market begins to reach equilibrium. While new competition enters the market, it tends not to disrupt the status quo. This stage is characterized by high profit with limited market spending and a stability in the market share.

4. Decreasing Sales

As time goes by sales begin to decrease. This can be caused by an obsolete product. Or it may be a market-wide phenomena caused by market saturation. Or it may be the result of an alternate innovative market arising. In any case, this stage is often characterized by wild swings in marketing spending. This is the result of increased spending on marketing with little result followed by a demand to reduce spending in order to increase profit. Determining the value of increased marketing spending during this time can be frustrating and frightening.

5. Alternate Use

This is sometimes referred to as retirement. However, I prefer the concept of alternate use with online products. Online products are most often used as bonuses to improve the sales value of other products. Actual retirement is frequently used to adjust the market demand. Online products are also frequently improved and renamed with a version which somewhat eliminates their retirement in this stage. However, regardless of the strategy chosen, this stage is characterized by the withdrawal from sale of the product and the associated suspension of marketing efforts.