Is this one of those network marketing companies?

Is this one of those network marketing companies?

That’s what I felt like asking. About a month ago I had signed on with a new real estate broker and I had elected to enroll in some advanced training ( even after all these years am still thirsting for knowledge). About the second day of training my “advanced trainer” wanted me to start putting together a list of 500 of my closest friends so I can start to contact them about selling their house ( in a down market). Then he wanted me to start a “farm area” of about 200-300 houses and go door to door and create a newsletter every month to send them ( contribute to junk mail or maybe stimulate to post office’s business ). Seriously is this a network marketing company from the 1950’s or what?

First of all not only do I not have anything against network marketing companies, as a matter of fact, I happen to agree with Donald Trump and Robert Kiyosaki that network marketing is the best chance to most people to have an opportunity to have their own home based business. And there are some good companies out there but many still have a marketing plan that’s back from the future ( like 1950’s ) and that will have a very high failure rate in 2011 and beyond.

Getting back to my “advanced trainer”, the National Association of Realtors say 90% of the people going for real estate look online first, so this guy wants be to spend 100% of my marketing dollars and 100% of my marketing time targeting the 10%. I left, I am going to focus my energies on the 90% and pass out flyers or business cards to the 10% when and if I get bored. I now have 12 websites, 2 blog sites, own 17 or18 domain names and I haven’t counted the social media sites I subscribe to.

I believe it doesn’t matter if you sell real estate, are a distributor in a network marketing company or have your own restaurant down the street, if your business doesn’t have a web presence, in a few years your business won’t have a presence. I intend to go into more detail about online marketing, social media marketing and direct marketing for this century and the resources available for business development in future posts.

 

 

Author: Rick Chapin

Having spent most of my adult life engaged in sales and marketing as well as a decade of preparing income tax returns for small businesses, individuals and real estate investors. Running your own business is not easy, you must utilize all the tools available to aid in your business development, I believe your personal development is equally important. I have for many years had knowledge and interest in small and medium sized businesses as it relates to allowable deductions, tax deferred exchanges and other tax treatments, I have also, for many years invested in books, tapes/cds for inspiration and motivation, so it seemed a natural fit for me to become involved in aiding in people in business development as well as their personal development.

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