The Product Matters!

I can’t tell you how many folks in Network Marketing over the years told me, “don’t worry about the product, the product doesn’t matter, it’s about signing people up.”

I never did business with those people because, to me, the product does matter a great deal! In fact, I would never represent a product or service that I felt was inferior. I knew that I would be putting my personal reputation on the line when I represented a company and a product so I was very careful. And you should be careful also.

That’s one of the great differences in working for yourself vs. having a JOB. At a job, if your company introduces an inferior product, you have to live with it. Even if you know the product “sucks.” After all, you just work there, right? And, you need the paycheck. When you work for yourself, your business is on the line so you must insist on high quality.

I’ve spent my entire career in Direct to Consumer Sales and Service and I can tell you without hesitation that the product or service quality is a key to your success. Have some people made lots of money with an inferior product. Sure. But, they usually don’t last long once people catch on and enough customers complain. There are some who have made money with no product at all. They’re called frauds and thieves and you must stay far away from them.

If you are new to Network Marketing and looking to change your life through a home based business, I urge you to give any potential businesses you are looking at this important test. When you see the product demonstrated or watch the video, do you immediately say to yourself, “I want one of those.” Or, “Wow, we need that!” If you want one, the business opportunity definitely has promise. But, if you don’t think you want one for yourself, your prospects will have the same feelings.

Here is an example. What do you think when you watch this video?

Remember, sales is not about forcing people to buy something against their will. Good sales people know that if you have a product that sells itself, 90% of the work is done and your chances of making money go way up.

In the end, for any business to survive and thrive, products and services must be sold. Without sales, nothing else happens. Network Marketing is a crowded business with lots of products vying for the attention of you and your prospects. To maximize your chances for success, represent a high quality, “Must Have” product.

If you watched the 2-minute video above and thought, Wow, I want one of those, you now know why the Product Matters.

To your success,

Mike

Get your Free Sales funnel HERE

Wearable Technology is a game-changer for Big Data

As Tech companies like Fitbit (FIT), Apple (AAPL) and World Media & Technology Corp. (WRMT) produce and sell more accurate and aesthetically pleasing wearable technology, the data that these devices provide in real time will be ground breaking for a wide variety of businesses who will be able to analyze and leverage this data into a multitude of products and services based on the health, activity level and other information gathered in real time and stored over time.

Gathering data to build one of the largest, human vital sign and biometric parameter databases in the world is the real goal for these companies. The wristband sales are profitable but the real end-game is the data. Pharmaceutical companies, Life and Health Insurance companies immediately come to mind as some of the companies which can benefit from this treasure trove of data and the’ll pay handsomely for this information.

Data from wearable technology can be gathered in real-time and continuously. A visit to the doctor’s office allows the physician to measure a heart rate at that specific moment, for example, and decisions are made based on that bit of information. Seeing a week’s worth, or longer, of relevant data, will improve analysis of the patient’s health and outcomes and give analysts and companies much more information about health and human wellness than is currently available.

Every day, data is gathered from a rapidly growing worldwide customer base. What genetic research, health predictions, trending and cures could be gained from analyzing the vital signs of people across the world will be exciting to see.

For vital health data gathering, one product stands out for me. The Helo LX from World Media & Technology Corp. (WRMT) and marketed worldwide in 195 countries by World Global Network. Helo uses the Life Sensing Technology licensed from Toshiba Corp. (TYO) and takes a higher level approach toward Health and Wellness Monitoring.

Wearables can already collect data like activity levels, steps, calories burned, sleep and heart rate.  Helo LX will collect additional biometric data like blood glucose and blood alcohol levels through non-invasive sensors in real time. The Helo can also produce and ECG. These metrics can be stored and shared with Doctors and offer critical information for Healthcare providers dealing with patients suffering from ailments such as congestive heart failure, diabetes, and other chronic conditions.

The HELO LX isn’t your typical wristband: it allows you to obtain measurements of your bio-parameters with high accuracy using dedicated apps. The development of an App Store will open the door for developers, as it did for Apple, to create thousands and potentially millions of apps all focused on monitoring and improving Health and tracking physical performance.

Connecting Smartphones to the wearable technology via bluetooth is key to increased use of the devices for longer periods of time and explosive growth for sales of the products.

In addition, Helo LX adds features no others offer such as the ability to take care of others by monitoring and checking the Bio parameters of your parents, friends, and loved ones remotely. This is huge for anyone with an elderly parent.

And, it’s messaging alert application allows users, with a click, to automatically send an SOS message to up to 3 family and friends in case they are in trouble. Perfect app for parents concerned about the safety of their children.

I invite you to learn more and help me disrupt the Health and Wellness industry. Learn how you can be part of this amazing trend toward a more healthy world HERE.

Would you rather earn Linear income or Residual income?

Let’s find out…

Linear Income: With a job, you trade time for money. At the end of the week, your boss pays you for the work you did that week. The next week you start from zero. You have to put in the work again to get paid. Linear income is directly related to the number of hours you work. If you work 40 hours, you get paid for 40 hours of work.

Residual Income: Unlike a paycheck from a job, when you develop a “residual income” you don’t have to start from zero every week, or every month. You don’t have to start over from zero ever again. Residual income means never having to “start over.”

Why? Because when you earn a residual income, your income compounds from the work you are currently doing and the work you have already done! The work you did last week continues to pay you this week, as does the work you did two weeks ago, and three weeks ago, and four weeks ago, etc… all the way back to the week you first started earning a residual income.

You do the work right ONE TIME, you can get paid AGAIN and AGAIN and AGAIN for a LONG TIME!

You have residual bills that you pay every month… why not have a residual income?

If this resonates with you, we should talk. I have what you are looking for and need you on my team!

Here’s how to get in touch…

Go here, get info, fill out app, I’ll call you.

IDTechEx argues wearable tech market to exceed $150bn by 2026

A three year research report from IDTechEx estimates that the global wearable technology market will grow in three stages: 9% annually to over $40 billion in 2018, but then accelerating to 23% through to over $100 billion by 2023, before slowing to 10% to reach over $150 billion by 2026.

The report details IDTechEx’s coverage of the wearable technology ecosystem, which looks at the industry from many different perspectives, with detailed discussion framing core primary research and market forecasting. It studies the historical context for wearable technology products, looking at key yet contrasting sectors such as medical devices and commodity infotainment items like headphones or electronic watches.

Another report from Research and Markets, focusing on the North American wearable sensors market, predicts the market to increase to $118.62 million by 2018 at a CAGR of 46.24% over the period 2015-2020. The report states that the rising market of smartphones and tablets is allowing the integration of wearable devices with the smartphones. The wristwear segment covers the majority of the market share and is expected to dominate the market during the forecast period. Maintaining a healthy lifestyle is the main reason behind the growth of the region’s dominance over the market.

Watch the HELO 2-minute video HERE