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GPM Live: Sell Pain Killers, Not Vitamins
Manage episode 435388002 series 3449233
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The pandemic was a wake-up call for many. We have experienced economic downturns and financial struggles and tested the resilience of our traditional income sources.
Insert high-ticket network marketing. Four years ago, while COVID-19 was still happening and businesses closed, Enagic stayed true to its promise with the Global Prosperity Movement community as it grew 20% by that first year and grew continually for 30% until today.
Thus, this business model has been thriving despite the negative connotations against network marketing. So, if you're still feeling trapped in the same financial rut and you're not taking action, it's time to take control.
In this episode, Balazs W Kardos shares a live Global Prosperity Movement call to share one of the most significant advantages of high-ticket network marketing: targeting the audiences' pain points (health) and having the potential for higher income.
If you save enough, you can invest in this business and promote high-value products or services to earn more and build a sustainable income stream than selling massive quantities of cheap products to make a decent profit in low-ticket network marketing.
Balazs also recommends this opportunity to build a long-lasting investment. Unlike traditional jobs or low-ticket businesses, choosing high-ticket businesses lets you generate recurring income through residual commissions. So, even if you stop actively selling, you can continue to earn money from your past efforts as long as you create connections and good business relationships with your network to solve their problems.
"When COVID happened, my business grew by 20% that first year, and since then, it's been increasing by 30% year over year the last four years." - Balazs W Kardos
Catch this episode to take control of your financial future and build a sustainable business by treating people's pain points, offering high-value products, building strong relationships, and leveraging the power of the community.
Key Diamond Nuggets In This Episode:
- Why should you prioritize savings and investment during economic downturns?
- How can you adjust your business strategy to meet people's needs?
- How can you best support your community with their financial struggles?
- How can you create a community-focused business model to avoid scams?
- Why should you leverage the internet and community during economic uncertainty?
- How can you connect with your audience to understand their pain points?
Want a Personalized Plan for Business & Life Optimization?
Connect with Balazs W Kardos:
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