Network Marketing That Makes Sense

Network Marketing That Makes Sense |

Network marketing, a.k.a. multilevel marketing (MLM) is one of the most famous forms of working at home. It is also one of the most misunderstood practices both by those who are involved in it, and those who are not.

Due to the numerous scams disguised in network marketing business opportunities, people tend to use the two terms as akronyms. This is not only unfair for the serious companies that utilize word-of-the-month as their sole method of advertising, it is also unfair for those who rejected the idea and consequently lost the opportunity to make serious money with legit and reputable network marketing companies.

The Typical Network Marketing Model

Why it doesn't make sense?

The vast majority of the network marketing models involve you buying their product(s) on a monthly basis in order to qualify, and when you refer new customers to do the same you make a commission on their monthly purchases.

It is justifiable because this is why the company is in business; to make money. But at the same time it is unfair if you don't need those products, or if they will be added to your monthly expenses as new items.

This makes it a burdon on your budget. And you'll have to work harder to make as many sales as possible to break even and start earning money.

In fact, I believe that the vast majority of those who drop network marketing in their early stages do so because they are spending more money than before (on the new items), and at the same time they are not experienced enough to make it work for them and pay for itself before they make any profit.

When Does Network Marketing Make Sense?

And consequently make you money?

Network marketing only makes sense if you are not going to add new items to your monthly budget.

And this happens only if the company you are involved with sells items that you buy anyway on monthly basis.

If, for example, you are a new mom and you spend like a hundred bucks on diapers every month, would it make sense for you to join a network marketing company that sells diapers?

Of course it does. From one side you are already spending that money on diapers. Instead of just wasting that money you invest it in your network marketing business by switching the diapers budget to your company.

From another side, you don't have to shop for diapers and collect coupons for diaper discounts. Instead they will be shipped to your door every month.

You know what, I think it sounds a great idea for a new network marketing company ;-).

Does This Company Real Exist?

Even though I don't think they do exist, there is more to network marketing than the product. There is the salesmanship for one. And this is the kind of skills that can not be overcome in any kind of marketing. I mean if you can't convince me to buy your product, and buy it from you or through you, what's the point of having the best product in the world?

I don't know about you, buy I personally don't have this salesmanship, at least no in one-on-one basis. I might be good at writing sales letters, but in a way that makes sense to the reader. In other words, I don't sell in my sales letters, instead I show the readers what my product can do for them.

But when it comes to talking, I am a terrible salesman.

If this is something that rings a bell in your head, then I have a suggestion. Why not put the network marketing thing aside, just for now, and train in the affiliate marketing field? In affiliate marketing there is a very small chance of you having to call a customer or convince them one-on-one to buy your product.

And it can be as simple as sending traffic to a web page, and as complicated as training a call center to close sales for your clients. So if you start the ladder from the bottom and make your way up to the top you'll be building the salesmanship skills and experience that you can later use for network marketing if you still think it makes sense.

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johrabbit

A staying-at-home (for health complications) father of two and a loving husband of a successful academic researcher. My goal in life (the new one afte... more »

Deluxe. Remarkable. Creative. Unusual. Successful. Upmarket businesses push the envelope -- does yours?

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