| | The concept of network marketing is not only simple, it's a very viable
distribution and marketing choice for certain types of businesses. The basic network marketing concept is a
franchise model.
Successful network marketing uses a business model much like
cable television, where thousands of customers continue to make repeat
purchases month after month.
As a rule, person-to-person sales in network marketing are more effective than
TV, radio, print or direct mail advertising. Moreover, network marketing
employs this method of marketing primarily with a person's warm market or the
people the marketer already knows and that know him or her. Products that need
a certain amount of consumer education benefit most from this method of
selling.
You can however, become very effective at using the internet
to create a warm market. I will write
about this in some later articles.
Some customers who are sold on a certain product can be motivated to sell it
themselves, and to recruit others to become sellers as well, forming a business
"network" over time.
Some sellers will decide and want to sell and to recruit others, as they'll be
paid commissions both on their own sales and their recruits' sales. The larger
your network, the more money you can make.
While network marketing is a relatively easy business it is still a business
and this is something that many people lose sight of. I have seen many people
get into network marketing looking to quickly make money, only to fail rather
quickly.
How do you ensure your business success?
Here are a few key considerations:
- Know
your “why. Jim Rohn says: “Change
your philosophy, change your life.” The stronger your reason for want to
change your life and succeed with a network marketing business, the
clearer the strategy will be. The
stronger your why, the more likely you are to be consistent and persist
through setbacks and hard times.
- Be
thorough in your research and evaluation and choose the company that is
right for you. See some of my
earlier articles for more information.
- Find a
good reputable company to promote! Learn what makes a good company and
understand that you (and your future prospects) have many options.
- Set
clear and realistic goals with the help of a mentor.
- When
you find the right company, commit yourself to identify and learn all of
the skills required to reach your goals.
Learn from the leaders in your company and the industry what they
did to get where they are. Do not
try to be a lone wolf or reinvent the wheel. With my company, there are a few
critical business building activities that we study, practice and teach.
- You
must have passion for your product, service or companies mission. Many
people join a network marketing program because they want to make a quick
buck this is often not enough to move them to action. You must do whatever
it takes to build your belief and passion
- Your
why, belief, posture and passion will lead you to success and you will
love the journey! Just be sure not to let passion compromise your ethics.
Don't let your enthusiasm turn your marketing into hype. Find true passion
for your business and you will find success in network marketing.
About the author
Jon Roussel is a five year veteran of the home based
business industry. He owns a business in
Beverly, MA
and teaches business owners and others how to start and success with a home
based business that will generate a long term reliable leveraged residual
income. Learn more at. http://www.jonroussel.ws
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| | Posted 1/27/2007 2:07 PM - 194 Views - 0 eProps - 0 comments
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