Showing posts with label residual income. Show all posts
Showing posts with label residual income. Show all posts

Monday, December 29, 2014

To Create Lifelong Residual Income, You Need A HIGH Customer Reorder Rate

                                                                      -#7 of a series of 20 posts-

 Are you interested in creating dependable, reliable income, other wise called LIFELONG RESIDUAL income?

Then you NEED to have a high customer reorder rate. 

It makes sense right? When you think about it, it does... but you see so many people getting involved in businesses where people don't order long term. 


Time for a check-up…

If you’re currently involved with a network marketing/mlm/party plan company, you need to find out if there is a high monthly customer reorder rate- like in the 90+% range... including customers & distributors!  If the answer is 'NO', then you have to make an educated business decision and leave that company. You will never create lifelong residual income if people don't keep ordering month after month after month... pretty simple concept to grasp.

Not having a high customer reorder rate, is one of the main reasons why home based business owners fail in masses. This is one of the 12 Success Factors… the checklist that many top industry leaders have used to decide if a company can fulfill on the promise of lifelong residual income.

To Grab Your FREE Copy of The 12 Success Factors  ...   Click Here


Always yours,
Linda Bricco Schalk
www.handswithseedsbiz.info
linda@handswithseeds.com
608.314.4004
milton, wisconsin


research credit to Jason Fisher - Time and Freedom


Thursday, December 11, 2014

Low Attrition Is KEY When Building A Successful Network Marketing Business

 -#4 of a series of 20 posts-
Sounds like a no brainer since the main reason we join this industry is to create lifelong residual income, right?

Low attrition and residual income go hand in hand. If people are not staying in the masses and consistently ordering over time, then the business is not residual. Residual income is when you open an account today and that customer orders month after month for years to come. Here's a powerful personal example: I personally enrolled 13 new customers my first month in my business. That was January 2003. Today 12 years later, one of those customers has died, two left and the other 10 have shopped every month. I have been paid 144 months on the shopping of those happy customers...this is true residual income. Another cool factoid: those original 13 grew to a total of 86 customers that first 30 days, 2/3rds of those customers received checks that month and I personally earned $4,513.84.

In one of my previous posts, I spoke about having a high customer reorder rate... this is one of the main pieces of the puzzle that create low attrition. Most people in this industry are playing the 'replacement game'. They're constantly replacing the masses of people that are leaving with new people. Think about that for a moment... could it ever truly be residual? 


Low attrition is another one of the 12 Success Factors.  Again, this is the checklist that has been created by top industry leaders to determine if a company has the ability to fulfill on the promise of lifelong residual income.

High attrition is one of the biggest reasons network marketers fail. If you're in a company now, I'd recommend printing out a copy of the 12 Success Factors and line up your company next to them to see if it has ALL of them. If the company is missing ANY of these factors, you really have to ask yourself if you're willing to invest your time, energy and reputation.


Grab Your FREE Copy Of The “12 Success Factors” Click Here


Always yours,
Linda Bricco Schalk
www.handswithseedsbiz.info
linda@handswithseeds.com
608.314.4004
milton, Wisconsin


research credit to Jason Fisher - Time and Freedom