Wednesday, February 22, 2012
by: Gary Fumeaux
Network marketing also known as multi level marketing is a system which enables sale of products through a team of marketers. This can be done from the cool confines of your home and does not require the sales team to run around.
Some people ask me if they need to talk to strangers to sell the goods. My answer is, No. Network marketing does not really mean you have to be a master speaker addressing thousands of people over the mike. Nor does it involve hectic socializing as some are apt to imagine.
Network marketing is like any other business. You have a product, which is made available to you for selling. You need not even open your mouth, if the right approach is cultivated.
Affiliate - Imagine that you could earn commissions on a popular brand-name product just by placing a link on your website or in your email. That, my friends, is Affiliate Marketing.
OK... So it's not quite that simple, but it doesn't have to be much more complicated either. Working from home, and make sales on the net. With high costs today of nearly everything it has become almost a necessity for most families to have two incomes.
If you're in such a situation, you might want to consider the possibility of being a work at home parent. Affiliate programs offer this option to you. The decision to work from home may come swiftly for you once you see how much it costs you to hold down your present job as compared to how much network marketing will cost you.
I would like to illustrate this with a small example. Imagine you are a part of a network scheme, selling food pellets for pet fish. In the first place, you would not be associated with this scheme unless you are familiar with pet fish and their requirements. Even otherwise, you would have familiarized yourself about this product.
Your job is to reach out to those who would like to buy this product from you, those who have pet fish at their home or office. If this product is good and priced well, there should be no problem selling it. The selling cycle does not involve much of talking.
Under network marketing scheme the product speaks for itself. In fact, products which sell well are those which have inherent value. Your job is to bring the buyer and the product together on a common platform. It is obvious that, more than talking, it is your marketing acumen which is important.
I would have no problem in buying food pellets for my pet fish if it is good for my fish. I would not really bother whether the seller is a grumpy old man in a dinner jacket or a twenty three year old with nice legs.
So, now you know why I recommend network marketing to everyone?
Posted by Si Budak Sunyi at 9:33 AM
Today there are millions of people around the world building this unseen industry called network marketing.
The DSA reports that there are over 13 million people in the U.S involved in direct selling.
You do not see them but they are everywhere, some probably right in your own neighborhood. It is a business in which common people can invest a small sum of money and rise to staggering levels of financial reward and personal freedom.
Each day millions of people report to work, where your employer leverages your time to build his or her business and financial future.
In Network Marketing we help and assist others in building their business. We are also leveraging their time, with each of us is gathering customers along the way.
Hence the name Network. We get paid for this because we are assisting, coaching and helping them to establish their business. Helping them to reach their goals for their financial future. So Its only right that we also get paid for our time?
Just like your employer leverages your time, through network marketing you can leverage the time of others. What does this mean?
Lets take a look at a typical employer in a service industry with 100 or more employees. That has a labor rate of 60 dollars per hour. The goal of our employer is to keep each employee active and busy for each hour paid.
Out of this once all the costs of doing business are factored in such as wages paid, health insurance, unemployment insurance, federal taxes, state taxes, fica taxes, permits, maintenance, housekeeping, the list just goes on and on. The employer may get to keep 5 to 10 dollars per hour of that labor rate.
In Network Marketing, we have our initial start up costs anywhere from just a few dollars to several hundred dollars. Where most network marketers fail is they feel that they don’t need a marketing budget for advertising, they don’t seek out the education required to succeed.
One of the important things to remember is, you are in a real business, you no longer have a boss holding you accountable. Your network marketing success or failure is dependent upon you and your actions.
Your primary task will be to gathering customers for your products or services. To help and assist others get started in their own business partnered with you. You are looking at a business model that will take 3 to 5 years to produce the kind of results you’re looking for.
So don’t give up your day job just yet. It will require 5 to 20 hours of consistent time and effort each week to build a successful Network Marketing Business. It will require a marketing budget, most people do not even consider this.
This is a real business this is your business, not a get rich quick overnight program, although it has been hyped by a great many naive marketers and web sites.
Network marketing is based on word of mouth advertising which is the most effective form of advertising. Think about it when you go out, watch a great movie, you will go out and tell people about it.
When Sam’s club or Costco moved to your area, you joined their buying club and started telling everyone how much you saved. This is the power of word of mouth advertising.
Major advertising agencies and companies count on this. This is one of the things that we do as network marketers. The major difference is that we get paid for our word of mouth advertising.
One of the most often asked questions is, will I have to sell products and services? The answer is of course yes.
Think about it, no one likes to have a salesman or woman come to the door and sell them products right.
We hate to go to the automobile dealers, where we are swarmed with 5 different sales people all trying to get you to buy from them right!
So how are we as a network marketer different? We recommend products or services that we like and personally use. If we know it’s good and personally use it, recommending it to our friends and family is very easy.
Posted by Si Budak Sunyi at 9:26 AM
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