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Dedenace

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A Good Run Opportunity Winners Publishing : Project G-R-O-W is a customer community advocating wellness and health products as a business opportunity for home or part-time for employees. – PowerPoint PPT presentation

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Title: Dedenace


1
AIM BIGBIZ ENTERPRISE
In Partnership with Alliance In Motion Global,
Inc. Since 2006
2
PROJECT G-R-O-WGROUP
  • A GOOD RUN OPPORTUNITY WINNERS PUBLISHING

3
What is a Business?
  • Business conveys to the state of being active
    either as an individual or society as a whole,
    doing commercially feasible and profitable work.
    The term also signifies a particular company or
    corporation, the generalized usage to refer to a
    particular market sector, or the broadest meaning
    to embrace all activity by the association of
    suppliers of goods and services.

4
What are titles earned in business?
  • Salesperson
  • Retailer
  • Entrepreneur
  • Baron
  • Mogul
  • Tycoon
  • Magnate
  • Plutocracy

5
What are the forms of ownership?
  • Corporation is a for-profit, limited liability
    entity that has a separate legal personality from
    its members. A corporation is owned by multiple
    shareholders and is overseen by board of
    directors which hires the business managerial
    staff.
  • Cooperative is a for-profit, limited liability
    entity that differs from a corporation in that it
    has members, as opposed to shareholders, who
    share decision-making authority.

6
  • Sole Proprietorship is a business owned by one
    person. The owner may operate on his or her own
    or may employ others. The owner of the business
    has a total and unlimited personal liability of
    the debts incurred by the business.
  • Partnership is a business which 2 or more
    people operate for the common goal of making
    profit. Each partner has total and unlimited
    personal liability of the debts incurred by the
    partnership. There are 3 typical classifications
    of partnerships general, limited and limited
    liability partnerships.

7
What is Marketing and its levels?
  • It is a shared process fundamental to any
    business growth that determines consumers
    wants, focusing on a product and/or service to
    those wants and to mold the consumers toward the
    products/services.

8
What are the 2 levels of Marketing?
  • Strategic Marketing an attempt to determine how
    an organization competes against its competitors
    in a market place. In particular, it aims of
    generating a competitive advantage relative to
    its competitors.
  • Operational Marketing it executes marketing
    functions to attract and keep customers and to
    maximize the value derived for them, as well as
    to satisfy the customer with prompt services and
    meeting the customer expectations.

9
What are the 4Ps of Marketing?
  • Product it deals with the specifications of the
    actual goods or services and how it relates to
    the end-users needs and wants. The scope of a
    product generally includes supporting elements
    such as warranties, guarantees, and support.
  • Pricing the process of setting a price for a
    product, including discounts. The price need not
    be monetary it can simply be what is exchanged
    for the product or services, e.g., time, energy,
    psychology or attention.

10
  • Promotion this includes advertising, sales
    promotion, publicity and selling. Branding refers
    to the various methods of promoting the product,
    brand, or company.
  • Distribution is how the product/services gets
    to the customer. It also pertains to the channel
    by which a product or services is sold, which
    geographic region or industry, to which segment,
    and many more.

11
What is Advertising, Distribution Selling?
  • Advertising is a communication whose purpose is
    to inform potential customers about products and
    services and how to use and obtain them. It is
    usually placed anywhere an audience can easily or
    frequently access visuals or audios or prints.
  • Distribution a distributor is the middleman
    between the manufacturer and retailer. After a
    product is manufactured, it is typically sold to
    a distributor. The distributor then sells the
    product to retailers and customers.

12
  • The channels or distribution chains are referred
    to as intermediaries, each passing the product
    down the chain to next organization, before it
    finally reaches the end-user or consumer.
  • Alternate channels may be available and such is
    Direct Selling via mail order, telephone,
    internet , agency, wholesaler (distributor) and
    advertisement.
  • Selling is a systematic process of repetitive
    and measurable milestones by which a salesperson
    relates to his offering of a product or services
    in return enabling the buyer to achieve his goal
    economically.

13
What is Direct Selling? Multi Level Marketing?
Network Marketing Business?
  • Direct selling, network marketing, multilevel
    marketing, party-plan marketing and one-to-one
    marketing are all variations on the same theme.
  • Direct selling is the sale of a consumer product
    or service, person to person, away from a fixed
    retail store.
  • An independent contractor / distributor /
    consultant basically contracts with the
    manufacturer to sell products.
  • Sales typically take place through in-home
    product demonstrations, parties, meeting, or
    one-on-one presentations.

14
  • Recruiting others is ideally the primary point of
    the business. The downstream distributors pay
    you a percentage of their sales just as you pay
    percentage of your sales upstream to the person
    who recruited you.
  • Network marketing or direct selling can earn you
    a passive income from satisfied customers
    reordering products or services you previously
    sold.
  • Overall, it is about Sales, Commissions, and
    Leveraging.

15
  • MLM is a method of distribution of products, in
    which costs associated with advertising and
    marketing are covered at the moment of actual
    sale.
  • MLM is a model of business which doesnt require
    a concept or bearing the risk associated with
    investing capital, as in case of typical business
    activity or franchising.
  • MLM is one possible way of introducing a product
    to the market without bearing huge costs
    associated with promotion and without the need to
    transfer rights to a product to someone else.

16
What are the TOP 5 Reasons WHY Direct Selling?
  • YOU CAN CREATE PASSIVE INCOME
  • A LESS EXPENSIVE BUSINESS COMPARED TO OTHERS
  • TAX INCENTIVES
  • YOU MAKE YOUR OWN HOURS
  • THE MOMENT YOU JOIN A DIRECT-SELLING COMPANY,
  • YOU ARE IN BUSINESS

17
  • YOU CAN CREATE PASSIVE INCOME
  • The key to being rich is money to come to you
    24 hours a day without your having to be working
    all the time. What if youre an income earner
    with a minimum wage? The time you carry with
    your job is the exchange.
  • Trading in direct-selling products or
    services, as you build your customer base, you
    not only earn money from your own efforts but as
    you get other people to start their business, you
    begin earning money from their efforts as well.

18
  • A LESS EXPENSIVE BUSINESS COMPARED TO OTHERS
  • Contemporary business plans require a big
    initial investment. Some direct-selling
    companies sell start-up kits for a very low
    price.
  • TAX INCENTIVES
  • Be in direct-selling business because of the
    obvious fact incentives. Daily activities such
    as travel, telephone conversations, entertainment
    and the like are legitimate expenses and at least
    tax-deductible.

19
  • YOU MAKE YOUR OWN HOURS
  • The direct-selling business tends to attract
    people who are looking to balance their lives
    with their need for additional income. Quitting
    your day job is an option but until your
    direct-selling income outstrips your regular
    income dont even think of it or do it
    full-time.
  • THE MOMENT YOU JOIN A DIRECT-SELLING COMPANY, YOU
    ARE IN BUSINESS
  • Starting a new business entails relationship
    development, finding reliable suppliers, testing
    marketing plans, and the like. However, in
    direct selling you can make it happen and start
    going after customers from day one after you find
    a company thats right for you. Its all there
    and ready to go.

20
What are the Universal Compensation Plans?
  • BINARY SYSTEM
  • UNI LEVEL SYSTEM

21
UNILEVEL SYSTEM
  • The UNI level system is an honest mechanism
    rewarding most productive people. In this system
    the more productive person earns more regardless
    of the level it occupies.
  • The shape of the structure above reflects the
    number of people employed at particular levels.
    The model shows a lever effect, the owner earns
    the most while deriving income from the labor of
    employed people. Thus, high salary is not the
    effect of his high productivity but the effect of
    his position.
  • Assuming that Person 1 from the 2nd line of YOU
    is more productive than Person YOU and recommends
    to register 7 persons with each person
    recommends 2 persons. This situation shows
    Person 1 earns more than Person YOU, even though
    it is located one level lower.
  • A/B 1st Level 5/6/7/8 3rd Level
  • 1/2/3 2nd Level

22
BINARY SYSTEM
  • The binary system is of the mechanisms which is
    supposed to additionally motivate and boost pace
    of building a network. The possibility of a
    developing structure is unlimited, vertically.
    Every participant in the network can have just 2
    persons under her/him without the need for own
    activity associated with recommending products.
  • The concept of binary system is mutual motivation
    and growing pace of growth of the network of
    clients. The shown diagram involves 6 persons in
    the group. The left side is the strong side and
    the right side is the weak side of the structure.
  • MYTH
  • The person on top (YOU) of this structure earns
    more than the persons below (A,B, 1,2, 3).
  • TRUTH
  • MLM systems reward the effects of work and not
    the occupied position, people located lower in
    the structure can receive higher commissions.
    This means that the person who develops its
    structure to a greater extent becomes the
    stronger side of the person above , achieving
    higher commissions than the person above.

23
MLM is a system of rewarding people who
contribute to sale of products or provision of
services. MLM method contributes sale of
products from recommendations and direct
purchases. The person whose ID is provided in
course of making an order is rewarded for an
actual sale. MLM has a bonus system which allows
generating passive income. MLM rewards for
directly recommended persons and recommended
directly by direct ones. Every person has the
opportunity to build individual consumer
distribution structures
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