When starting a business, the choice between doing it offline traditionally or in an online platform allows you to weigh the pros and cons, especially in network marketing.
Offline businesses have the quality of face-to-face interactions and personal relationships, which are the foundation of trust and authenticity. But it also usually confines you to a specific location and time.
On the flip side, online businesses have the power of the internet, which creates a broader reach. You can speak to a global audience, have time freedom, and access various digital tools for marketing and automation. Yet, it sometimes struggles to establish the kind of personal relationships that offline businesses excel at.
Now, imagine combining the best of both worlds.
Balazs W Kardos shares a flashback in 2020 during the Diamond Life TV coaching call, going from networking offline, delivering alkaline water door-to-door, and doing presentations ten years ago to shifting to online coaching and digital marketing. He started analyzing the numbers involved in cost per lead, acquisition, and lifetime customer value in low-ticket and commission versus high-ticket and commission in the company.
With high-ticket products and services, he can also deal with clients who can afford them in the long term rather than keep a low price for the sake of quantity without the loyalty of high-paying clients.
Because of better ROI, he can afford to use paid traffic to automate the lead generation process to scale and have more freedom - the exact strategy he teaches in the Diamond Life Mentorship Program, where he went from earning $50 commissions to $6,000 in one night.
"I teach you the principles in five different areas of your life, with your mindset, with your alliances, with your vitality, your freedom, and your abundance to dial these things in so you can explode and start earning multiple six figures and seven figures and beyond in a way that integrates nicely. So you can have a thriving business and lifestyle. - Balazs W Kardos
Don't miss out on this episode to go from a thriving marketer to a six-figure entrepreneur by shifting to online strategies the Diamond way.
Key Diamond Nuggets In This Episode:
- Why switch to an online business platform?
- What makes an offline business work?
- What are the three values that matter in any business, especially network marketing?
- How to scale in an online business?
- What does it mean by having not enough margin?
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