What Is Network Marketing|2018
What Is Network Marketing|2018
Hey there. I know you’re thinking so what is Network Marketing anyway? You might be asking yourself the question is network marketing a pyramid scheme? My intention is to share with you the definition of network marketing and a little bit of history and a quick explanation of why you would want to get involved.
I had an idea of what is was when I saw my mother distributing her products to her customers. All I knew was that if you could get customers then you could earn money. This was fascinating to me.
Around the age of 15 I got involved with a direct sales company called Avon as a matter of fact. lol. I was enticed by the idea of earning my own money and jumped on board. i paid my $15 ,my starter kit, and talked to all my friends about my products. I quickly ran out of people to talk to and knew nothing about building a business.
Time freedom and financial freedom is the most sought out lifestyles out of all lifestyles.People would love to be able to travel, do the things they love l and spend time with there loved ones without having to worry about not having enough money.
This industry is the only one that will allow the average person to make an uncapped and unlimited income.If you want to build wealth for you and your family this is the industry that will make that possible.
What Is “Network Marketing”
Network Marketing In 2018
You see in the 21st century the way the world does business has drastically changed. The best way to thrive in the New Economy is Network Marketing. You might not completely understand what I’m saying here but let’s get into what the definition of Network Marketing actually is.
It is a direct selling method in which independent agents serve as distributors of goods and services, and are encouraged to build and mange their own sales force by recruiting and training other independent agents. A commission is earned on the agent’s own sales revenue and also on the sales revenue of the sales-force recruited by the gent on his or her recruits.
Network marketing is the concept that paved the way for the home based business industry.Understand that this is a multi-billion dollar global industry. More and more companies will utilize Network Marketing as a viable business model.
Multi level and network marketing has created more millionaires then any other industry that exists. The way that you earn money in this profession is by moving products and creating a culture and atmosphere that is conducive for success. Providing an endless supply of education, training, motivation, and inspiration is important.
What that means for you as an entrepreneur is that you can receive ll the benefits of traditional business ownership without the typical risks. There are specific skills that need to be learned in order to create an income for yourself let alone a passive residual income. If you’ve ever looked into other ways to build a business you know that there are risks that come along with other offline methods such as brick and mortar, restaurant, real estate, etc.
Another definition of Network Marketing is simple concept. Have a great experience with a product or service, share it with others, and get paid for it. Also, do something right once and get paid for it over and over again.
A Little History
Network marketing has been around for 76 years and has always been centered around selling products and services or recruiting an opportunist to an opportunity.
Said to have been pioneered by a California Vitamin Company in 1941 and is a method used by companies such as Amway and Melaleuca to name a few. I would encourage you to do more research or subscribe to my newsletter to learn more about Network Marketing and the do’s, don’ts, and possibilities.
Yes there are things that have happened in the industry and people have gotten scammed out of millions of dollars. There are certain kinds of deceitful and greedy people that you identify and learn to stay away from.
This is why you need to Do Your Research and get aligned with a Network Marketing Coach who can help you in get started in your Network Marketing career.
How To Have Success In Network Marketing
Success in network marketing has always been determined by the relationships you build and maintain. Success in the network marketing profession is also rewarding because it requires you to help others.
How to find the right Network Marketing or mlm company
You want to make sure that the leadership is accountable,so someone has to be responsible if something were to go wrong. They should have a website with an about us page.
The next thing you should look at is Products and services
You want to be able to use that product or service, have a good experience and then share that produt or service with others
The last thing you want to check is the compensation plan
Avoid pay for play, it is a phrase used for a variety of situations in which money is exchanged for services or the privilege to engage in certain activities. The common denominator of all forms of pay to play is that one must pay to “get in the game,”You should be able to build a Customer base and be able to earn without recruiting.
Comp plans are important because you want to make money, but It’s better to get excited off of how much you make with each sale instead of maxing out the comp plan.Focus on what’s realistic, measurable and attainable.
Now that you’ve chosen your company you need to know who to join
Avoid pre launches at all costs. Especially if you are new to the home based business industry and don’t know where to start. Or if you are just frustrated because you are not able to produce the results that you have been looking for.
Find out how long your sponsor has been in the company and see if they are even qualified to be your sponsor. A true business professional will have a branded website with a description of that value
Now if you find that you have a sponsor who doesn’t have time for you because they are building there business than you must seek professional coaching from a someone like myself.
I would dedicate my time to helping you produce results in your desired business.I’m here to help you produce results with whatever you are building.
I can also help you build a private income if just want to make money. Now if this sounds like something that you’d be interested in click here for more info