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Main Subject - Network Marketing - Its Three Deadly Sins And How To Find Salvation From Them
If you're a network marketer, there's a 95% probability that you've not yet achieved success in this industry. If, on the other hand, you're currently seeking a network marketing business opportunity, this is a statistical fact that is important for you to recognize. Even worse is the dismal fact that this is the approximate percentage
According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product
of network marketers who will NEVER achieve success in this industry--UNLESS they become aware of what I will refer to here as its three "deadly sins" and find an effective way to avoid them.
The purpose of this article is to help you to become aware of these pervasive pitfalls, how they lead most networkers inevitably to w
The purpose of this article is to help you to become aware of these pervasive pitfalls, how they lead most networkers inevitably to w
; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.
Examples of combination products may in
Examples of combination products may in
hat I refer to, sardonically, as Network Marketing "hell," and--most important of all--to present an alternative approach that can quickly lead to salvation in what I think quite fittingly can be called a "Network Marketing Paradise."
Unfortunately, nearly all network marketers are actively seduced into committing
Unfortunately, nearly all network marketers are actively seduced into committing
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
these "deadly sins" for the simple reason that--until very recently--they have provided the ONLY means for achieving success in the network marketing industry. All of them are based on the nearly universal and common-sensical premise in this industry that the ONLY way to succeed is to invest one's personal and financial resou
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
rces directly, immediately, and one-pointedly into promoting and building one's primary business. As self-validating as this seems, the evidence is now overwhelming that this approach simply doesn't work well for the vast majority of people who enter this industry.
The good news is that there is now a highly effective alternative way
The good news is that there is now a highly effective alternative way
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
to "salvation" for at least a large percentage of those who have fallen into the morass of failure and disillusionment to which this prevailing approach often and unfortunately leads.
The Three Deadly Sins of Network Marketing
The term, "sin," as used here has no moral implications of any kind; rather, it is used
The Three Deadly Sins of Network Marketing
The term, "sin," as used here has no moral implications of any kind; rather, it is used
ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc
in its original sense as translated from the Greek word, hamartia, meaning "to miss the mark" or "to miss the target." Given this amoral definition, here's a list of the three "deadly sins" of traditional network marketing:
1. Spending vast amounts of money, time, and energy in promoting one's business an
1. Spending vast amounts of money, time, and energy in promoting one's business an
easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi
d/or products to prospects who are highly unqualfied. Typically, this starts with one's "warm market"--i.e., one's immediate circle of family and friends. Not uncommonly, in enthusiastically and aggressively trying to recruit these folks, neophyte network marketers often meet with much negativity and create considerable alien
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
ation. Not surprisingly, this is a common early source of major disappointment and disillusionment.
2. Spending even greater amounts of money, time, and energy in promoting one's business to the "cold market," either on a face-to-face basis or through calling leads. In working with this market, as is commonly stated in the i
2. Spending even greater amounts of money, time, and energy in promoting one's business to the "cold market," either on a face-to-face basis or through calling leads. In working with this market, as is commonly stated in the i
and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ
ndustry, "it's in the numbers." This means that for every qualified prospect successfully recruited, it's usually necessary to give presentations to large numbers of people who prove NOT to be qualified. So the return on investment here can be--and often is--horrifically low. Also, it requires a tremendous degree of commitmen
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
t, persistence, and willingness to endure the frustration inherent in this process. Not surprisingly, then, the large majority of people new to the business will run out of money and/or personal endurance before they achieve a signficant degree of success.
3. Failure among those recruited to one's business team to duplicate successful
3. Failure among those recruited to one's business team to duplicate successful
ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.
Following aspects would a
Following aspects would a
ly the method(s) used to recruit them. Since duplication is the sine qua non of ALL network marketing, this is a huge, and often, fatal problem. Although most network marketing companies tout a simple and easy-to-duplicate business plan, only a very small minority of new recruits are actually successful in implementing this duplication
dd to the challenges in developing combination products:
Which markets to tap where the combination products can do fairly well?
Which combination prod
Which markets to tap where the combination products can do fairly well?
Which combination prod
. The main reasons for this are as listed above.
A Pathway to Salvation--The Funded Proposal Franchising System
Fortunately, thanks to the rapid evolution of highly sophisticated and effective new forms of internet marketing, an effective means to "salvation" from all of these common failings is now readily available to any
A Pathway to Salvation--The Funded Proposal Franchising System
Fortunately, thanks to the rapid evolution of highly sophisticated and effective new forms of internet marketing, an effective means to "salvation" from all of these common failings is now readily available to any
cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
one with internet access and the willingness to learn how to use them. Basically, internet technology has opened the way for a brand new paradigm of network marketing to emerge that not only avoids all of the problems of the traditional approach, but has a number of additional advantages to boot.
One highly effective variant of this n
One highly effective variant of this n
tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
ew paradigm is called a Funded Proposal Franchising System. One of its unique features is that it utilizes a system of carefully chosen affiliate programs synergistically designed to generate income very quickly. This income is then dedicated, in part, to promoting one's primary network marketing business entirely through internet adve
t?
As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel
As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel
rtising.
Since this business building system is completely internet-based, it completely eliminates all forms of personal promotion and recruitment. This, in turn, eliminates all of the wasted time and effort that is entailed in the traditional model in trying to recruit large numbers of highly unqualified prospects. In this new parad
Since this business building system is completely internet-based, it completely eliminates all forms of personal promotion and recruitment. This, in turn, eliminates all of the wasted time and effort that is entailed in the traditional model in trying to recruit large numbers of highly unqualified prospects. In this new parad
ping new procedures for reviewing their safety, efficacy and quality.
Professional from academic institutions, pharmaceutical industries, health care indust
Professional from academic institutions, pharmaceutical industries, health care indust
igm, the business builder works ONLY with people who have established a high degree of qualification and motivation by actually enrolling in his/her business-building system.
One of the main effects of this marked difference is that the business builder's main role is transformed from being that of a personal promoter/recruiter/salesp
One of the main effects of this marked difference is that the business builder's main role is transformed from being that of a personal promoter/recruiter/salesp
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
erson into a role that is much more satisfying for most people--namely that of being a supportive mentor/guide who also provides customer service.
An added major advantage of this new approach is that it not only has great appeal to prospective business opportunity seekers--once they understand it--but also to the vast numbers of trad
An added major advantage of this new approach is that it not only has great appeal to prospective business opportunity seekers--once they understand it--but also to the vast numbers of trad
.
As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de
As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de
itional network marketers who have been floundering in "network marketing hell," as it has been described here.
As someone who has spent a lot of time in this hellish predicament, I can testify that discovering and applying this new paradigm has been, for me, much like finding the gateway to a paradise.
So whether you are s
As someone who has spent a lot of time in this hellish predicament, I can testify that discovering and applying this new paradigm has been, for me, much like finding the gateway to a paradise.
So whether you are s
elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.
Companies that provide selfless information through particip
Companies that provide selfless information through particip
omebody seeking salvation from the "deadly sins" of network marketing, or a business opportunity seeker simply wanting to avoid the high probability of failure that they entail, I highly recommend that you investigate carefully this very attractive new alternative.
You can learn more about it through the links provided below
You can learn more about it through the links provided below
tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products
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