What is Network Marketing?
Every day, millions of people click online for a variety of reasons. From researching information to finding a date, the internet seems to offer just about everything. Work and employment has by no means taken the back burner. Thousands of people are clamoring to the internet everyday in an attempt to earn a daily income, make some money, or get financially free. And it is being proven time and time again that “there is money to be made on the internet”.
From research projects, to software engineering, the younger and eager generation is presented with a boundless array of opportunities to show off their intellectual properties. Certainly, there is no shortage of work or possibilities online since cyberspace is “virtually” limitless.
But what about investments, network marketing and the vast array of “get rich quick” schemes? Do they really work? Can you really trade in your measly $20.00 for a comfortable paycheck of $2000.00 to $5000.00 per month? The answer is “yes and no”.
Let’s take a brief moment to examine network marketing. As a network marketer, you are selling something that you already own–a membership to a website in most cases. Let’s say you pay $19.95 to become a member of company “Make You a Star Dot Com”. Your $19.95 will be payment for the product (usually information, training and marketing tools). On top of that, you have the potential of making money by “referring others” to the company “Make You a Star Dot Com”. When they join by clicking on your affiliate link, they are placed in your “downline” and you earn a fraction of their membership fee… as well as the membership fee of the people they sponsor–up to five levels deep.
Many people are of the misconception that the membership fee of $19.95 is paid for an income opportunity alone. And that they need to sit back and wait for the checks to start coming in. Of course, it wouldn’t be off the mark to say that these people were deceived into thinking so. Many network marketers do not place emphasis on the value of the product they are selling in their advertising campaigns, or what the product really is or offers. All they tout is the potential to make money just by joining. This is an impractical proposition–if everyone pays 19.95 to receive $5000.00, where does the money come from?
A typical network marketing company may offer a cutting edge training center prepared by experts aimed at making an entrepreneur out of you. It will give you all the tools, advice and information you need to run a successful business, online or off. It may include sections for example on “setting up a legal entity”, “bookkeeping and accounting”, “ecommerce and merchant tools”, “self improvement”, “real estate” etc.
And that’s just the tip of the iceberg. If you join a network marketing company, by all means, make use of what you are paying for. Go into the training center, or resources section, or back office, or whatever you call it, and max it out…get your money’s worth. The “two thousand to five thousand dollars per month” will come on the side!
In order to become a successful network marketer and earn a six figure income in the least amount of time, any “Guru” will tell you that you need to understand how to use an autoresponder programmed with a newsletter, ezine or follow up emails. It is an established fact that people tend not to buy into a program on the first pitch. So if you’re thinking of investing your precious time into this lucrative field of business, think “autoresponder, follow up messages, and subscribers”. At first, learning how to use such tools might seem like a daunting task, but like most computer technology, once you get to know it, it becomes pretty simple and transparent.
A typical network marketing company will also provide training, tools and resources on how to recruit others into the company. These may include autoresponder training, Google tutorials, web design and various other advertising strategies. However, to avoid the mass of confusion and possible wastage of money associated with first starting off in network marketing, it is best to join under a successful network marketer who will show you exactly how to copy his/her success in a no-nonsense, simple and step by step process.
Patrick Carpen
http://www.articlesbase.com/internet-articles/what-is-network-marketing-246243.html
10 Comments to “What is Network Marketing?”
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How can I successfully market my network marketing home business?
I am a single mother of 1 and tired of working in corporate america. I want to learn how to market my Tahitian Noni network marketing business without targeting my friends and family. I want to come up with a great marketing idea that will not only help my business but others as well. Any suggestions?
Hi there,
I recently did a review on this product and have to tell you the truth. These are $20-$30 bottles of juice with no proven health benefits. It’s an all natural product and no FDA approval for specific health claims. It’s also priced too high to sell during a recession and that’s what the US market it going through right now.
I know this isn’t the answer you want to hear, but it’s the truth. This kind of product is the most difficult to market in today’s economic climate compared to others. If you had a brick and mortar business like a health food store in an affluent area, or a juice bar at a health club, then you’d have the chance to move some product at this price range.
I remember the dot com boom when people were throwing money literally out the window at everything online, but it isn’t that way anymore. It’s overpriced, there’s no health claims since it has no active ingredients, and that makes for the toughest of sells when it comes to these kinds of economic times.
I know people who have tried these kinds of products. The way they get customers is usually by the reseller program, who are afraid to cancel because they are invested in it, even if their house is full of juice, they can’t let go of it. This is what they are counting on, and it’s how many MLM’s make their money, by the auto order, not by retailing the product itself.
I wish I had better news about this type of product, but I don’t. We’ve done over 800 reviews of Internet businesses and I’ve seen a lot of these before and know this problem with them. If you want to call me at 813-908-3138 I’ll be happy to talk to you about it. I don’t give out links when it comes to this kind of thing, I’ll help if you want to call though.
To be honest, if this was the Clinton administration where people were spending money hand over fist (and I remember those days) then I’d say go for it. The problem is the economy and anything overpriced doesn’t sell. The effort just isn’t worth it compared to recession proof businesses.
Nick
References :
http://hotcardstore.com
I would begin by advertising on a free traffic network.
References :
http://www.bfvw.com
Hi! It’s great to hear that you want a piece of the American Dream. I personally have tried other network marketing products and unfortunately I did not do well at all. My problem was that I did not use the products. I believe that to be a great seller at anything, you need to have confidence in your product. Ask yourself what is the relationship that "you" have with the product. For example, I see car salesmen drive cars from their lot. That car the salesman drives may not be the best car on the planet, but he can sell those cars on the knowledge that he has obtained from them. Basically, how can you sell something that you wouldn’t buy? I guess that’s what I’m trying to say. So, if you use the Noni juice and benefit from it, use that knowledge as leverage. I personally have used this product and like it. Marketing online is a great way to get exposure. I would suggest a website and an email marketing campaign. A blog link on email campaigning should be below for you. If you need any help, feel free to contact me. Good luck!
References :
http://www.getwit-it.com/blog/marketing-online/internet-marketing-online-the-email-marketing-strategy
I have been using You Tube to promote my MLM company, and seems to be very succesful, however you do need to have lots of videos. And heres the real exciting thing, is you can do some video’s up and then tell your family and friends that you have put up some videso on the internet and get them to go and take a look. So there you have a great way to let your family know what your up to but you havent told them or got in their face about it. So make some videos up talking about you, why you joined, how the product helped you, or if you dont have a story use your up lines, just never lie, but be up front, its really cool.
I have got heaps up, look under ybsick as thats my channel name, of course some are better than others. If you need a hand then either call me or email me. +6478465754 I am in New Zealand though so do check the time zone, or you can email me
http://www.gailbottomley.com
References :
First of all, i want to respond to Athello, but this answer will help you as well. It’s not true that you have to like or believe in your product to be successful. Case in point – Starbucks or McDonalds. You don’t have to like coffee to be successful with Starbucks. You simply have to recognize that there are millions of people who do, and therefore there is a huge profitablity in that business. You don’t have to like hamburgers or fast food to succeed with McDonalds. Again, you just have to recognize that there are millions of people who do, and you can profit from selling to them.
Now, how to market your business. Here are a few ideas.
forums – frequent them, answer questions in them, post topics in them. This will give you back links to your website, and eventually lots of traffic.
articles – Write and get articles published in places like ezine articles. Again, you will get people interested in your business, and will get visitors.
purchase leads – There are lots of leads vendors out there, some of the best are "Apache Leads," "Affiliate Pros," "Brilliant Exchange."
Some ideas for you to use to start. If you want more, email me and we can go into it further.
References :
Write articles about your website or ideas.
Submit your website for users to review, free!
Post Free Classifieds.
Go to Famous Pages
http://famouspages.info
References :
What I suggest you do is create a blog or website about your product but don’t pitch your opportunity. What you want to do is create a short report or emails about the benefits of your product and how it can help people.
You need to get an autoresponder and start capturing leads from a website so you can follow up with them and send them information about your product and in the emails or report drop a small pitch about your business opportunity but don’t hard sell them on it.
You can alternatively put together a free report or email series on "how to" information for other network marketers. These are the people you need to target for your business.
You never want to advertise your business site directly. Always send people to a lead capture page first and then tell them about the "opportunity".
Once you have some kind of lead capture system in place with follow up messages, you can do a variety of proven marketing methods to promote your blog or site and build your mailing list of targeted prospects.
Some very effective marketing methods that work with network marketing are solo ads, PPC and article marketing.
Stop by this website and sign up for the free e-course on advanced network marketing strategies. It will teach you all the ways to effectively market you business to other opportunity seekers over at http://www.moneyflowforlife.com
I have been using this service to market my websites over at http://www.moneyflowforlife.com/likes/notroubletraffic.html
They will write and submit articles for you as well as post on other blogs and websites. It’s great for getting targeted traffic.
Another thing you might want to consider is getting some kind of generic lead generation system that builds a list of opportunity seekers that you can contact ans follow up with about your business.
The SpiderWeb marketing system does this for you and also builds 22 streams of income while you build your list of pre-qualified MLM leads that are targeted just for you and your opportunity. You can learn more about the SpiderWeb system over at: http://www.spider-web-system.com
References :
http://www.moneyflowforlife.com
http://www.moneyflowforlife.com/likes/notroubletraffic.html
http://www.spider-web-system.com
Study simple internet marketing skills and use those techniques to generate your own leads for your business.
Hassling friends and family is not an effective way to build your business. These old tactics are responsible for the majority of failure in the industry.
Participating in forums that relate to your business helps to generate business leads. You can meet new people by providing information of value without spamming and put info about yourself in your profile page.
Submitting articles that are not salesy on the net are also great. The better the value of content, the more people will seek more info from you.
I built a website that is independent from the company I represent. This is also a great way to meet new people if you build the site right. One that is easily found on the major search engines.
Best Regards!
References :
http://answers.yahoo.com/my/profile;_ylt=Apcw_gPi6L25CqqHTcDuQjOWxQt.;_ylv=3?show=niRTbHhkaa
I had that same problem. Check out http://www.attractbillions.com
References :
http://www.abundancemagazine.net