Posts Tagged ‘Network Marketing Training’

7 Simple Steps to Skyrocket Your Network Marketing Success with 3-Way Calling

September 23, 2008

Download Audio

3-Way calling is a process where a qualified third party is brought in who plays the role of “expert” onto the phone line to answer any and all questions a prospect has. This helps them may make an informed, intelligent decision about joining your business and your team.

Sometimes you will bring in this third party support and other times you will be play the role of the expert.

These 7 simple steps will help you skyrocket your success when you are playing the role of the third party expert on a 3-way marketing call.

Step #1 – Greet your prospect.

For example: “Hi Mary, where are you located?”

Step #2 – Return edification.

This is after your 3-way calling partner introduces you and builds you up as an expert.  For example: “Joe is way too modest and I’m sure he wouldn’t tell you himself what a remarkable team leader he is.  He is destined for success in this company and is a fabulous support to his team. I’m sure you’ll love working with him as he’s a ton of fun and really cares about the success of his team.”

Step #3 – Restate questions and answer them in simple terms.

Here’s an example: “I understand you have a question about how we make money. We make money in two ways: customers and customer getters.”

Step #4 – Check that all their questions have been answered.

For example: you can ask them, “Do you have any other questions about how we make money?”

Step #5 – Outline the sponsoring process.

For example: “Mary, let me ask you something and tell me if I am correct… You visited Joe’s web site and watched a little movie and filled out an interview form and then Joe called you, right?”

“Joe asked you few questions to see if you were still interested in making money from home, right?”

“When you had a question, Joe introduced me to you and I answered your question, right?”

“So let me ask you Mary, is there anything Joe did that you can’t see yourself doing?”

Step #6 – Take your prospect’s pulse.

Ask them where they are on a scale of 1-10, 1 being not interested in the opportunity and 10 being ready to get started.

If she’s a 10, take her through enrollment process immediately. Don’t talk any more! If she’s above a 1, but not a 10 yet, ask her,

“What do you we need to do to take you to a 10?”

This is where the magic happens. Your prospect will tell you exactly what to do to enroll her. If your prospect has more questions, then try something like this:

“Great, if we can address that for you to your satisfaction is there anything else preventing you from getting started right now?”

Keep going like this until all objections and questions are addressed.

Step #7 – Enroll your prospect.

After you’ve answered her questions, fill out the application on the phone. Even if she’s not quite ready to move forward due to issues with money or for some other reason, fill out the application anyway so they have that part of the process complete.

That’s it. Simply follow these 7 simple steps to skyrocket your network marketing success with 3-way calling!

About the author:

Tracy Monteforte is the co founder of WTPowers.com, a one-stop-shop automated marketing system, helping thousands of network marketers worldwide make more money, quickly and easily. Tracy’s mission is to teach network marketers how to create success 100% from home. For free business building tips and strategies, visit www.WTPowers.com and subscribe to Tracy’s free PowerLine Newsletter.

Five Deadly Mistakes Network Marketers Make When Using 3-Way Calling and How to Avoid Them

September 9, 2008

Download Audio

3-Way calling is a process where you bring a qualified third party who plays the role of “expert” onto the phone line to answer any and all questions your prospect has so that they may make an informed, intelligent decision about joining your business and your team.

Unfortunately, many network marketers sabotage their success by making one or more of these deadly 3-way calling mistakes. I’ll share them with you if you promise to avoid them like the plague.

Deadly Mistake #1 – Not doing them!

Deadly Mistake #2 – Not setting it up in advance

It doesn’t matter if your team is your upline, downline or sideline as long as they are qualified to answer your prospect’s questions. Remember, the goal is to illustrate that there is team support and that your prospects are not alone. Make sure that you call your 3-way team ahead of time to ensure that they are available.

Deadly Mistake #3 – Not edifying or improper edification

Edifying is building up your 3-way guest as an expert. Make them walk on water and glow in the dark, figuratively speaking of course. It is important to say only things that are true.

When edifying, be sure to appeal to different personality types by mentioning different things about your expert that your prospect may relate with (i.e. family, fun, caring, knowledge, money).

Here’s an example of great edification:

“I’d like to introduce you to Pat Monteforte.  Pat is heading up the national expansion of our company and has been instrumental in my success.  He’s a family man and a ton of fun to work with!  Pat is the perfect person to answer your questions about the compensation plan as he understands all of the details on how to leverage it for maximum earning potential.”

“Pat, I’d like to introduce you to Mary.  Mary has a question about how we make money with this program.”

Then sit back and shut up! Which leads us to…

Deadly Mistake #4 – Interrupting.

After putting in all this effort into edifying, don’t undo that work by interrupting! If you interrupt, you immediately de-edify your team member and loose the effectiveness of the 3-way call. It doesn’t matter if they are totally messing up the explanation. The prospect doesn’t know. The best way to avoid interruption is to mute your own line.

Deadly Mistake #5 – Talking too much afterwards,

(Otherwise known as Fire Hosing)

When someone is thirsty you them a drink of with a glass, not a fire hose! Answer the questions asked as simply and succinctly as possible. There will be plenty of time for all of the details during the training process!

Bonus: Deadly Mistake #6 – Not having enough people available.

Create a list of people and their available times and remember to check with them in advance and make sure that everyone is properly trained.

Be sure to avoid these deadly 3-way calling mistakes and you’ll be sure to get the most out of this powerful sponsoring strategy.

About the author.

Tracy Monteforte is the co founder of WTPowers.com, a one-stop-shop automated marketing system, helping thousands of network marketers worldwide make more money, quickly and easily. Tracy’s mission is to teach network marketers how to create success 100% from home. For free business building tips and strategies, visit http://www.WTPowers.com and subscribe to Tracy’s free PowerLine Newsletter.

Why is 3-Way Calling VITAL to the Success of Your Business?

August 28, 2008

Download Audio

One of the absolute best ways that I have found in my 20+ years as a full time network marketing to increase the close ratio, create rapid duplication within any team and to increase the retention rate of distributors is by effectively using 3-way calling with your team.

A 3-way call is a process where by you bring a qualified third party who plays the role of “expert” onto the phone line to answer any and all questions your prospect has so that they may make an informed, intelligent decision about joining your business and your team.

Now, you might be thinking, “I know my business and products like the back of my hand!  Why shouldn’t I just answer the questions myself and get on with it?”

Network marketing is all about duplication. When you’re sharing your business with a prospect, you’re actually doing something else simultaneously.

You’re training them!

If you answer all of the questions you prospect has, what is going through his or her mind?

“Wow!  This sounds complicated… I could never learn all of that!”

That is NOT what you want your prospect to think. She or he may love the company, the products, the marketing plan and even you, but the number one question in their mind is:

“Can I do it?”

The number two question is:

“Will they help me?”

And number three is:

“Will I make money?”

It’s your job to address these concerns by showing your prospects that they are not alone and that she or he has an entire support team to lean on.

The moral of the story is, “never close your own people.”  It’s just not duplicable!

Utilize 3-way calls and to see your business duplicate quickly and exponentially!

About the author.

Tracy Monteforte is the co founder of WTPowers.com, a one-stop-shop automated marketing system, helping thousands of network marketers worldwide make more money, quickly and easily. Tracy’s mission is to teach network marketers how to create success 100% from home. For free business building tips and strategies, visit http://www.WTPowers.com and subscribe to Tracy’s free PowerLine Newsletter.