what is network marketing & how does it work
Network marketing. What do you mean by this term? what is network marketing? People usually think that it is business model is which you add people and earn money. But it’s not like that people usually take it in a negative way. It’s simple meaning is a business in which payout occur more than one level.
Network marketing is a type of business opportunity that is very popular with people looking for part-time, flexible businesses. Some of the best-known companies in America, including Avon, Mary Kay Cosmetics and Tupperware, fall under the network marketing umbrella. Network marketing programs feature a low upfront investment-usually only a few hundred dollars for the purchase of a product sample kit.
Focus must be product
The first rule to be successful in network marketing is your product must be a problem solving product. Don’t sell a product. Sell a solution. This one line is enough to make any business successful. If your product can solve a problem. You will definitely succeed in network marketing as well. Other important rule is you must have 100 percent knowledge about the product. And believe me networking marketing can make any of your dream come true . Which you can’t do with your 9 to 5 job.
Also read : Myths that jobs are better than business
- Benefits of working in network marketing
Network marketing is truly the business of 21st century. There are two type of person one who earn living and other who become rich. At job you will be the type first. But in business there is huge chance of getting in second category. One of the top reasons for owning your own business is that it leads to financial freedom. Meaning, being able to earn lots of money without you needing to be there. The problem with a job is that you are “Selling time for money”. Booming population always causes problem in business but not in networking marketing more your chance of getting richer.
For over 100 years, the reason people clung to jobs was because of security. Today, with more and more people getting made redundant in a shrinking market, job security no longer exists. Believe me security in job is just a myth. And one of the best reason of working in network marketing is that you will be doing business with your friends and siblings.
“A friendship founded on business is better than a business founded on friendship.”
-John D. Rockefeller