What is Network

Marketing ?

Network Marketing in which independent-agents serve as distributors of goods and services, and are encouraged to build and manage their own sales force by recruiting and training other
 independent agents. In this method, commission is earned on the agent’s own sales revenue as well as on the sales revenue of the sales-force

recruited by the agent and his or her recruits (called downline). Also called multilevel marketing (MLM), cellular marketing, or by other such names, it is a multi-billion dollar worldwide industry that distributes practically any portable item. Network marketing is a type of business opportunity that is very popular with people

looking for part-time, flexible businesses. Network marketing programs feature a low upfront investment--usually only a few hundred dollars for the purchase of a product sample kit--and the opportunity to sell a product line directly to friend, family and other personal contacts. Most network marketing programs also ask

participants to recruit other sales representatives. The recruits constitute a rep’s “downline,” and their sales generate income for those above them in the program.

Network
Marketing

Tips

Choose wisely

There are six key elements you should be looking for [when selecting an opportunity] which are stability, excellent products or services that consumers will use and need more of, the pay plan ,the integrity of the company and the management, the momentum and timing and the support, training and business systems.


Practice what they teach.

[To succeed,] you need to be willing to listen and learn from mentors. The way this industry is structured, it’s in the best interests of the [MLM veterans in your company] to help you succeed, so they’re willing to teach you the system. Whatever [your mentor] did to become successful, it’s very duplicatible, but you have to be willing to listen and be taught and follow those systems.

The higher-ups.

It can be called various things, but the general term is the “upline,” meaning the people above you. How supportive are they? Do they call you? Do they help you put a plan in place? Are they as committed to your success as they are to their own? You should be able to relate to [the people in your upline] and be able to call them at any time to say “I need some help.” How much support there is from the people above you in the company is very important.


Take up the lead with your downline.

There’s a term in the network marketing industry called “orphans”--when somebody is brought in and then the person who brought them in is just so busy bringing in other people that they don’t spend the time to teach and train [the new person]. You should be prepared to spend time helping a new person come into the industry--training them, supporting them and holding their hand until they feel confident to be able to go off on their own.

How To Succeed In

Network Marketing ?

Realize that it will take time.

Network Marketing or M.L.M (multi level marketing) is real business and not a get rich quick scheme.

Have a game plan.

Literally, write out your plan for building your business. You will have greater success than those who don’t.

The why is most important.

Why are you getting involved? Better lifestyle or Freedom or Financial security. Now, define what that means to you.

• Set written goals. • Attend company meetings and training calls. • Study your products and learn them well. • Share your products and opportunity at every chance you get. • Employ a strong recruiting and prospecting system so that you don’t run out of prospects. • Enjoy the journey.

Benefites & Advantege of

Network Marketing

1. Leverage

Network marketing companies pay their distributors for work done by other distributors. So by systematically increasing the number of active distributors in your downline, you can simultaneously increase your income.

2. Passive Residual Income

Network marketing affords participants the opportunity to build an ever increasing passive residual income. Building a passive residual income is the most obvious of the advantages of network marketing. Almost everyone joining has ‘building a passive residual income’ as one of their main objectives.

3. Low Start Up Costs

You can start a network marketing business with little or no money.Regardless of how much you are required to pay in as start-up capital, your earning potential is still high compared to other types of businesses.

4. International Business

A network marketing business can be operated globally. This is made possible by the internet.Many network marketing companies allow their distributors to sponsor people in other countries around the world.

5. Freedom

A major disadvantage of traditional business and the traditional 9 to 5 job is that of lack of freedom -- time freedom. The traditional business model is no different. While you may enjoy the benefits of being your own boss, you are likely to end up working much longer than you would had you been an employee. Network marketing on the other hand removes these barriers.

6. Support

There is a saying in network marketing circles which says “you are in business for yourself, but not by yourself.” As soon as join you become part of a team - your upline. Serious upline members become committed to your success because without it they will not succeed. As you start building your own business, you start a team of your own -your downline. This team will benefit from your personal support and those of your upline.

7. Personal development

Perhaps also at the top of the list of advantages of network marketing is personal development. Network marketers are prolific readers of personal development material. In network marketing you can learn such skills as public speaking, mentoring, coaching, how to relate with others etc.

8. Training

In network marketing you don’t need prior selling experience. You don’t need any form of business background.While selling experience and business background may come in handy if you have them, everyone who joins is entitled to some form of training. The training may come from the mlm company or from your upline.

 


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