Network Marketing Objection Handling: How Much Money Do You Make?

If you have ever prospected anyone in network marketing, you are way to familiar with objections. There are all kinds of MLM objections you can be faced with, but for the most part, it always seems to be the same few ones that you hear most.
This is why today I am going to share with you how to overcome a certain network marketing objection of "How much money are you making" and show you exactly how to overcome this simple to answer MLM objection.

Should You Reply To MLM Objections?

To be honest with you, with most MLM objections, you are best off not even trying to explain or answer them. In several cases, people use objections in network marketing to get out of a presentation or to show they are not interested.
So you always need to decide if a prospect is even worth trying to explain to, or if you are better off just letting them go. If you are in a group of people and someone does objections and you know it is because they are trying to make you look bad in front of others, simply let them go without hesitation. It shows the others you are not interested in just anyone.

What If I Have made No Money?

I have included a video in this post to help you answer this network marketing objection from several angles. If you have made no money, there is a good way to reply to the question. I offer a few examples, so do your best in using the right one for your situation.
Remember that many people still have the "Employee" mindset, so be sure to answer your MLM objection with that in mind. They will always try to figure out what you are making by the hour, so changing how you say it makes it more impressive.
Even if you have not yet made any money, you can always use an upline's examples or success. Be sure to tell your prospect you are new with only a few hours of total time worked in your business, but your upline has been involved longer and is making a lot of money. This helps to ensure the prospect it is possible to make a lot of money in network marketing.

What If I Have Made Money?

If you have earned some capital, you need to be sure to approach the answer with your prospect having the "Employee" mindset. So instead of saying you made $100 your first month (around 50 cents or less an hour) - tell them the amount of hours you worked, not the the time in which you began your business. You may of made $100, but only worked for about 5 hours in total. Now an employee mindset will see the amount to be made as a good number.

This Is A Bad Objection For Prospects

It is also important to tell your prospect when they use this MLM objection, that their question isn't something that can determine what they will make. They ask to get an idea of what they may make, when in all reality, it does not reflect what they will make.
Be sure to explain to your prospect, that their work ethic will be what determines their pay, not anyone else's. Many people will get frustrated and quit if their expectations are too high for this industry.

Network Marketing Objection Handling Overview

When you are practicing network marketing objection handling, you should always know that the more you prospect in general, the less you hear all of the MLM objections. Practicing make it all work best, but will never get rid of all prospects using network marketing objections.
When they do occur, be ready and know your answer by heart. Prospects have no idea that you hear these same MLM objections, so it is always impressive to your prospect when you have a firm and quick answer to their objection.

 P.S Want more network marketing objection handling tips and secrets? Click here to read full article on this network marketing objection handling and learn more objection handling tips for all types of objections.

Network Marketing Objection Handling: The "No Money" Objection

Ever get that common, hated, and most heard network marketing objection "I don't have the money". Well, you are not the only one. It is a very common network marketing objection and is used by many prospects you encounter. Many people give up from hearing it so much. But the truth is, there is a way to get through it, and overcome it. That's why this article will be focused on network marketing objection handling of the excuse "I don't have the money".

Why Do People Use This MLM Objection?

First thing you need to understand, is that people use this common MLM objection because they don't believe they can succeed in your business. Or, they are not "feeling it" so to say.
This is something you must work on and practice at to avoid the objection, and sooner or later you will begin hearing it less and less. But, the other truth is there is no way to make it go away all together.
So knowing what to say when it does come up can increase the number of people using the network marketing objection into signups.

How To Handle The Objection

When someone throws the line at you "I don't have the money", it means one of two different things. Either they seriously do not have money (very rare is this case) or they are thinking of it as an extra cost to their already large monthly spending.

So the best response to this network marketing objection would be "Are you saying this because you want in? Or are you wanting out?"

Now this throws a question onto the prospect, putting control in the conversation back to you. Plus, they either admit they are not interested, or they are not clear on how they can afford it.

If they say "to get out" then you saved yourself a lot of time. Do not try to make them change their mind, they are not going to. Simply thank them for their time and move on. A few will change their mind once they see you are not in need of them signing up.

If they say "To get it" then you ask them "How far are we from getting X amount of dollars"?

This means they either have money saved up, and only need the difference. It makes the task much smaller and more realistic to the prospect. Some may only need a few dollars more to get started.

Once you know the amount they need to find to get the money, you focus on their spending habits. You will find most people spend a lot of money on simple everyday things, entertainment, and sources they do not need for any reason. You eliminate those costs and then they realize they do make enough money to join.

If your product fills a need they already spend for, then bring that up. Using the product will keep you from spending X amount of dollars each month on whatever the product is. Many MLM companies have products people already buy on a day to day basis.

How To Handle More Network Marketing Objections

If you want to be a master at sponsoring more people, and overcoming objections, I recommend you check out the #1 income earner Ray Higdon's "Master Sponsoring Series" training.

In this you will learn all about network marketing objection handling, and more tips to increase your skills as a prospector and recruiter.

Want More Strategies For Prospects?

If you want to learn how to find more prospects, strategies to generate more leads, and make a name for yourself in this industry, then register for the next upcoming "IBO Advanced Marketing Strategies"

On these weekly webinars you will learn every type of strategy to generate leads, network marketing objection handling, prospecting tips, advertising online and offline, plus a lot more.

P.S Be sure to comment and share if you got value from this network marketing objection handling tip!