MLM Training From:
Randy Gage
David Ledoux
Joshua Shafran
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A Few Thoughts About Retired People
by David Ledoux, Founder
ILOVEMLM.com
A very old grandmother lived with her daughter and grandson.
As she grew frail and feeble, instead of being a help around the house, she
became a constant liability. She broke plates and cups, lost knives and
spilled her tea. One day, exasperated because the old woman had broken
another expensive plate, the daughter sent the grandson to buy his
grandmother a plastic plate.
The boy hesitated because he knew a plastic plate would humiliate his poor
old grandmother. But his mother insisted, so off he went. He returned,
bringing not one, but two plastic plates.
"I asked you to buy one, " his mother said. "Didn't you hear me?"
"Yes," said the boy. "But I bought the second one so there would be one for
you when you get old and come live with me."
Aging. We can't stop it. And it's becoming the single most powerful
socio-economic force in the North American economy. Not only will you and I
eventually face it personally, we will face it daily in our businesses.
I've just returned from spending a week with my folks in Laughlin Nevada.
They are both retired, and spend the freezing cold Canadian winters down
south. They have worked all their lives to accumulate enough wealth to enjoy
their "golden years". My father confronts the specter of heart disease, my
mother battles cancer and osteoarthritis.
You can learn a lot from hanging around seniors. Mostly where the bargains
are. My father is a retired educator, with a post-doctorate in educational
administration. He was more than willing to share his thoughts with me on
the graying of America.
My father lumps seniors into two categories. Those with money, and those
without. The ones with money have two sub-categories. Those who will spend
money in exchange for convenience, and those who are going to their graves
clutching their wallets.
He told me that the bank lineups in Laughlin are enormous, and 99% seniors.
When I enquired why they don't use bank machines, I was told because a bank
machine charges a $2 surcharge. He told me the lineups for gas are unreal,
circa the '70's oil crisis. Seniors shop around to save 5 cents a gallon and
then lineup. Making their little pile of money last until death is a full
time job.
My dad always has made fun of my little MLM ventures. He knows the kind of
cash flow I enjoy now, but still he bugs me by shaking his discount bottle
of 99 cent vitamins in my face. But he makes his point very loud and clear.
"If you want to sell to the bulk of seniors, be prepared to compete on
price."
"But, " he continued "A big portion of seniors will gladly give up the bucks
if you can save them time. Convenience is a bigger motivator to seniors than
price. The price-conscious ones can always wait until next week for the
sale. But for old farts like me, I'll gladly pay a premium if you can make
my life easier. Being retired is all about simplicity and routine."
Here's my question to you. "If you can't compete on perceived price because
your product is of high quality, how can you modify your sales presentation
to reflect convenience?"
That's your homework assignment. Create a sheet with The Top Ten Ways My
Product Saves You Time, Headaches and Heartaches. Use these bullets in your
story. As America ages, selling on convenience will be a major play for
smart marketers. By assembling your reasons now, you can get a head start.
Every eight seconds someone turns 50 in America!
Next month I'll talk about how the tight purse strings of an aging
population will affect our economy. Until then, make it a glorious month!
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David Ledoux has been involved in the network marketing industry for 15
years. He is an author, speaker and million dollar earner. To discover more
jealously-guarded secrets of making $100,000.00 or more every year through
MLM check out his new book, The Ultimate MLM Blueprint for Massive Success.
The book and a FREE MLM Training ezine are available online at
http://www.ilovemlm.com
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