Tuesday 25 December 2018

Online Business Networking - Is Linkedin a Good Place to Generate MLM Leads

Online Business Networking - Is Linkedin a Good Place to Generate MLM Leads

In this article we suggest a tactic for using social business networking to grow your MLM business. We specifically take a look at one of the best online business networking sites: Linkedin. Linkedin is currently the most popular business and professional networking website. The guidance in this discussion would also apply to other business networking sites and business models.

Linkedin is a free business networking website used by many professionals to share information and for networking. A premium membership is available to expand your networking opportunities. There are now more than 47 million members in 200 countries that participate in Linkedin, including executives from all Fortune 500 Companies. The median household earnings of Linkedin members was $109,000 at the time of this writing.

The Linkedin profile has the cability to list your job history and recommendations from employers, coworkers, clients, and other professional associates. The profile is useful to employers and clients so they can easily locate the best available resources for filling employment and consultant needs. Also, Linkedin includes an important attribute for group discussion and sharing: LInkedin Groups. Linkedin Groups are established to facilitate discussion and information sharing in areas of common interest. The discussions are quite focused and helpful to very specific business needs.

Facebook and Twitter are also great for social and business networking, but Linkedin is usually superior for finding MLM prospects, since it is generally populated by a different type of individual, including professionals and many entrepreneurs. These individuals can be ideal prospects for your MLM business. In order to most successfully reach these prospects, what strategies work best on LinkedIn?

It is crucial to create a credible profile. Your professional experience and recommendations are important in order to be taken seriously in this group of people. Recommendations are very important to complete and verify your profile content. And, a professional photo is critical.

Linkedin "Groups" are a powerful feature of LinkedIn that can be leveraged for your business, mainly by uplifting your own "value" as a networker, but also by linking you to thousands of prospects. The most successful Internet marketers are also the ones that contribute at the highest level to the Groups that they are part of. As you contribute more effectively, and provide helpful advice to a Group, you will develop relationships, and eventually establish contacts for growing your MLM business.

LinkedIn Groups are monitored and controlled much more than those on Facebook. In order to join a Group, you must first submit an application to the Group owner, who will most likely check out your profile to validate your knowledge about the Group's interest area. Group owners are also much more inclined to delete postings and even your membership to their Group if you abuse your membership. Direct reference to your business opportunity or MLM company, is considered self-promotion and will be the fastest way to be removed from a Group

The usefulness of your participation in a Group will establish your effectiveness in making connections and eventually turning these connections into leads for your business. Although we put the spotlight, in particular, on MLM business leads, networking in Linkedin Groups will be advantageous regardless of your business type or model. Consultants, in particular, can also generate business leads from their group participation, resulting in consulting engagements. Network marketing is a very natural fit for members in Linkedin Groups, although paradoxically, network marketing should not be addressed directly in the group context.

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