What is Network Marketing?
The
secret of successful business today is distribution
All businesses are trying to get closer to the customer.
Network Marketing Tip
The customer is "king" and the secret to success is to know what the
customer wants and how best to service those needs. Leading this new
customer revolution are the direct selling companies set up as Network
Marketing operations. Network Marketing is a major force in the Direct
Shopping world as it uses the power of a Marketing Network of independent people to move goods and services into the market place.
The best opportunity we
have to create an independent stream of income is through Network
Marketing and the BEST opportunity in the world is looking YOU in the face...
RIGHT NOW!
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There are basically three types of Network Marketing organisations you could join.
Multi-Level-Marketing MLM which is
more the Direct Sales form of Network Marketing
whereby the self-employed Networkers (called Distributor or Consultants)
purchase product at wholesale from the company and sell the products on
directly to customers for a retail profit. Oftentimes this system allows the
Distributor to appoint other Distributors in specific areas so that the
master distributor ends up with a one or two tiered organisation beneath
them. In many ways it is like a retail/franchise operation where the
Distributor can sell only within a specific area determined by the MLM
company. However, there are many variations of the MLM model used by
different MLM companies.
Referral Marketing
is the newer form of Direct Marketing, whereby the self employed Networkers
(often called Representatives, Associates, Executives or Business Partners)
build a network of interested and like minded people, but do not need to buy the
products to sell directly to others to make a retail profit. The
products they buy, are generally for their own and for their family's
personal use. The Representative, can then simply build a customer
base, by referring others to buy directly from the company online.
The company sells the service or products, directly to
the customer the Representative has recommended to buy from them. The
Representative is automatically paid a referral bonus or customer
commission, on the customer's monthly
purchase of the services or products. Referral Marketing is Network Marketing
in it's purest form. It suits the entrepreneurial people, who want
to start a Network Marketing Business, to earn ongoing residual income
in the future.
Because Referral Marketing takes the onus off the independent Representative to purchase a large monthly qualifying order of products,
it means it also caters for those people who are happy to earn, a few hundred
extra dollars or maybe a $1000 plus extra each month. This can be done
relatively easily by simply referring customers to buy directly from the
network company. The Representative is supplied with a replicated
e-commerce website by the company, which automatically locks customers
into them when they order products direct from the company.
Party Plan or Home
Presentations is often used in conjunction with
Network Marketing to boost
customer sales. This is an excellent way for a Network Marketing company
representative to build up an initial customer base to provide instant income.
Read more about the
Party Plan
approach.
Whilst earning
money from customers is profitable, the driving force behind
Network
Marketing is the enormous potential to develop a Marketing Network of
like minded Representatives/Distributors, all of them selling to or referring customers, from whom you will earn
commission on the total sales within your own network organisation. To the
Networkers, commissions are the major profit centres changing a Network
Marketing opportunity with a fairly limited basic income from retailing, to an
explosive career opportunity with virtually unlimited income potential.
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For Networkers - commissions or
bonuses are THE Major Profit Centre |
Why Should I Join a Network Marketing Business
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MONEY:
Money
has it uses and most of us would like some more of it! Network Marketing
offers a very rewarding way in more ways than one of earning extra income.
DISPOSABLE INCOME:
Most people who who become networkers are part-timers looking at a way of
improving their lifestyle. Network Marketing empowers people by increasing the
average person's lifestyle money or disposable income
Income
| Less |
Insurance, mortgage, car payments,
pension etc |
| Less |
Day to day vital living expenses,
food, schooling etc |
| Leaves |
Disposable or Lifestyle Income |
If we were to assume an average household income of $4000 per month in
the USA or Australia most people would admit that over 90% of their
income is spent on vital expenses which gives a small amount left over
each month . This means the average household would have approximately
$400 of disposable or lifestyle income each month.
The power of
Network Marketing lies in the ability of the
average person to easily double their disposable income in less than six
months. (Many do it within their first month by gathering customers
initially)
|
What in effect this means, is Network
Marketing
can
effectively double the spending power of the average
family's disposable income. |
BIG MONEY: Whilst it is very true that
Network
Marketing can easily double the lifestyle income the average family
has spare at the end of the month it is also equally true that
networking can provide HUGE entrepreneurial incomes to business minded
people. Reputedly, the largest Network Marketing income is around
$28m
per annum. What is truly amazing, is the fact that a residual income,
even of this magnitude can continue to grow exponentially, year after
year without any further input by the recipient. In fact, sometimes
the recipient of these huge incomes have died and left the legacy to
their children.
This is the real power of
Network Marketing for direct selling companies, because the
opportunity attracts the entrepreneurial type of business person who
sets out to succeed in a big way, thereby also
dramatically increasing the company turnover and of course the bottom
line, the net PROFIT!
INCENTIVES: Other very good reasons why you
should consider a career in Network Marketing are the "fringe
benefits" or incentives that all Network Marketing Companies offer.
These can range from a free car, to paid holidays and the use
of a Porsche car as one well known, Telecoms Network Marketing
company does in the UK, once certain levels of attainment are reached.
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The incentives, whether just on a temporary basis
or are permanent, will contribute markedly to your lifestyle income.
SOCIAL ASPECT:
Granted that perhaps you are
reading this page because the money side of it is what initially
attracted you to Network Marketing. However, almost everyone desires
more in life than just money. Money helps for sure, but many people
find once they start Network Marketing the fun and the social aspect,
the positive working environment and the sheer freedom and
satisfaction of working for themselves, is just as important and
rewarding as the increased income is.
Network
Marketing provides so much more than
simply increasing the lifestyle income. Most distributors become
stronger and more confident in themselves and are far happier than just
working for a boss. The unique culture of the Network Marketing
industry ensures that people are involved and interactive with other
positive and happy participants. Invariably it is the non-financial
benefits that keep most people active in Network Marketing.
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Whatever you want out of life the
right Network Marketing opportunity can certainly deliver it for
you. The ultimate measure of your success will be a stream of
residual income for the rest of your life which can even be left
to a beneficiary in your will!
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Are you a Hard Worker,
a Smart Worker or a Net Worker?
What category do you fall into?
Hard Workers: For years
people have worked hard at a
J O B (Just Over Broke) believing as
most people do that working hard and trying to save for the future
by paying into a pension fund was the best way to provide for their
retirement. Well, along with countless thousands of others, you may
have had a rude shock in recent times. Working hard is no longer any surety that you
will have even half a decent pension to fall back onto. With billions
missing from pension funds around the world, most workers, are facing a very bleak
future in their retirement.
Swapping time for money creates a linear income.
An income that stops shortly after you stop working. Ask yourself this question; if I was made
redundant tomorrow would my income continue to roll in? The answer of
course for 99% of us, is a resounding NO. YOUR earnings are directly
dependent on your efforts.
No work = NO income
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Smart Workers: A small percentage of the
population works smart to build a residual income which does not stop
when they decide to stop work. A good example is the income which can
accrue when you build a property portfolio and a stream of income
builds up from the rental returns. However for most of us, this is not
an option as getting onto the property ladder can be very expensive.
Unfortunately, Smart
Workers are in the great minority. Those hardworking individuals
that not only put the time and effort into a job or their own small
business, and, have wisely invested their savings into property or
appreciating assets, may have secured their future from the passive
income they have managed to put in place during their lifetime. But
nothing in life is guaranteed. With global uncertainty in stocks and
shares, property prices plummeting in many countries, there is no
longer any certainty, even for the smart workers, there is no
guarantee that they will have an adequate cash flow in the future.
Types of Residual Income
| Rental: |
From property investment and the rents
|
| Dividend: |
Business assets or stocks and shares. |
| Royalty: |
Songwriters and Authors patent holders etc. |
| Bonus Commissions: |
Paid by Network Marketing companies to the people
who build downlines and Marketing Networks |
Unfortunately MOST people seriously underestimate the
amount of money they need to put aside to provide adequately for their
future. Indeed, it is only the foolish, that would not be seriously considering a
stream of RESIDUAL INCOME for the future. Residual income is totally
different from linear income, because your own individual efforts, are quite independent
of your overall future income. This is due to the leveraging or exponential effects of
growth and/or inflation, which causes your income to rise with no extra
input needed by you.
Net Workers:
By far the BEST form of RESIDUAL
INCOME, is the type
derived from Network Marketing, whereby your income is tied into ever
increasing assets, (your Marketing Network Organisation) which ensures it continues to
grow exponentially over time. Income streams from royalty income such as
writers and patent holders, seldom grow over time. Business assets and
rental income certainly can, but rarely do they exceed the increase of
the current inflation rate within your country. The simplest and
BEST residual income, is
derived from Network Marketing. Your asset, the Marketing
Network Organisation, should, and will, continue to grow and grow as the leveraging
effect of hundreds and then thousands of people in your organisation continue
to build their own residual incomes.
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The best
opportunity we have to create an independent stream of income is
through Network Marketing and the BEST opportunity in the world
is looking YOU in the face... RIGHT NOW
CLICK HERE
to get started! |
Occasionally in your life you have the chance to be at the
right place at the right time
NOW is the right time!
Network Marketing is growing faster than any other
form of distribution
The Direct Selling Association reports that over 15
million people have joined Network marketing organisations in the last
two years.
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