Network Marketing. What is it?
A FORM OF ADVERTISING & DISTRIBUTION
Network Marketing is simply a form of distribution that uses "word-of-mouth" advertising as a way to educate the public on the particular benefits or a particular product/service. It eliminates the need for costly media (TV, radio, newspapers, magazines) advertising which can represent more than 50% of the product cost.
YOU DO IT ALL THE TIME
Have you ever recommended a good movie to a friend? What about the latest deal you found at a particular store or the quality of a certain product you just purchased? By referring others to a business establishment or to one of their products, you are marketing their products or services - without being paid for it. In fact, many service oriented businesses try to provide you with the best possible service because they know a happy customer will spread the word about their quality services - and what better way to advertise than through the mouth of one who is known and trusted.
WHY IS THERE SO MUCH MONEY IN NETWORK MARKETING?
Wouldn't it be great if a movie theater or restaurant paid you a percentage of the revenue you brought them by referring someone to them? This is the concept behind Network Marketing which makes it so attractive to the thousands who are looking to secure their own future. Doing away with the millions traditional businesses spend on media advertising, Network Marketing companies can afford to pay their distributors what they save in advertising. Monies normally allocated for an advertising budget are paid instead in the form of commissions and bonuses to those responsible for creating the sales - the distributors.
Residual income is another attractive feature of Network Marketing. Residual income is income that is paid to you long after the original effort for the sale was put forth. Insurance agents earn residual income each time one of their customers renews his/her policy - it required only the original effort to get the account (and maybe some effort to maintain it) and he/she gets paid each time the policy is renewed. Network Marketing takes this a step further - giving the distributor the ability to leverage himself by earning from the efforts of others in his/her network. Each time any of those in your network renews a product/service purchase, even though it may not have been directly related with your effort, you earn residual income because it was your effort that, either directly or indirectly, generated the sale.
I DON'T LIKE TO SELL TO MY FRIENDS?
Most "Networkers" feel the same way. Network Marketing isn't about getting friends or family involved in something that you don't believe in. It has to do with promoting what you believe will help everyone (not just friends or family). If you don't believe in it, you should never pursue it. Those who fail in Network Marketing do so because they do not believe it will really help them or anyone they bring into it.
Those who believe they can succeed with it have hope, confidence and the ability to set goals and carry them out. Network Marketing is not a "get-rich-quick" scheme. It is a business. It should be treated like a business - only more important, like your business. If you started your own "traditional" business - how would you promote it if you didn't believe in it yourself?
Those who succeed in Network Marketing do so not because they've involved their friends or family, but because they believed in their ability to realize the potential the company held out for them. There is no reason one has to approach their family or friends, though when they begin to succeed, if they really love them - they will recommend it to them and help them succeed as well.
Do you still want the 40-year, traditional business plan or do you want the Network Marketing Plan?
Watch the training videos to learn more about Network Marketing.