The Truth About Network Marketing - Is It A Real Company or A Pyramid Scheme?
What is Network Marketing ?
When you hear the definition of "Network Marketing" do you're feeling uncomfortable, afraid or confused?
You think that it's a pyramid scheme, or some kind of get rich quick scheme?
At first I did so too, but today you are able to put your fears aside, as I am going to help you understand what Network Marketing (MLM, Direct Selling) really is.
We shall prove wrong all those myths by what Network Marketing is not. So I just want one to relax, maybe obtain a cup of coffee, and enjoy the lesson.
No pressure, No fear, and No confusion.
Debunking Myths That You May Have Heard About Networking
So what's Network Marketing ? The reality is, it is a small business; a quite simple and lucrative business.
But before I enter how easy it really is, I wish to explain what network Marketing is Not.
Network Marketing is not a Pyramid scheme. Don't get me wrong, pyramid schemes do exist, they're very real, but they're not Network Marketing Businesses.
One of the major differences between a network marketing business and a pyramid scheme is,that pyramid schemes promise to offer money without the sale of an item or any work involved.
There is no such thing as money for nothing! If anyone promises to get you to money without you having to set up effort, or and never having to promote an item, that's a pyramid scheme!
A pyramid scheme says, "You don't have to produce any sales, you have to subscribe and you'll make money" ;.
That's a lie and it's a scheme and it doesn't work! A Networking Business is dependant on direct selling; meaning that you get covered sales that are made because of your referral.
Depending on the product, it may be a purchase of Makeup, Coffee, Health Vitamins and supplements, or perhaps a specific service of some kind. Personally, i only like to offer services, and there's a reason for that, but we are certain to get compared to that later.
For the present time, what I want you to comprehend is: Network Marketing is dependant on sales just as any other business, that's how cashflow is made.
But there are benefits to Network Marketing , as you don't only receive money for the sales you create, but you receive paid as your Network/Team keeps growing!
There Is No Such Thing As Get Rich Quick!
Get rich quick people can tell you, "join today and you can make $1,000 by the conclusion of the month", or, "Buy this system that has all the secrets to 'earning money online', and you can make as much as $2,500 a month, every month" ;.
All that is BULL! Those products don't work! The individuals don't want to help you, they're right after your money; and in my experience it's disgusting!
In a genuine network marketing business everybody wins, everyone makes money, not merely the one who sells the product or a group leader.
Please appreciate this, a genuine network marketing business will take a moment to develop!
I won't promise you $2,500 by the conclusion of the month, but I will promise you success and growth if you dedicate yourself to truly investing your own time and efforts in an actual Network Marketing Business.
Find Out How You Can Develop into a Network Marketing Professional.
How does Network Marketing Work?
1-Multilevel Marketing (MLM), or Direct Selling all mean the same thing.
This business model began a lengthy time ago around the 1800's, although it is now highly popular in recent years.
Some direct selling companies that you might know are: Avon, The Kirby Company, Mary Kay, Amway, etc.
Firms that utilize the Network Marketing Business Model promote their products by recommendations, and give commission checks with their representatives.
2- You should know that each MLM company has it's own compensation plan and perks.
All of them are a little different, while they utilize the same business system.
The reason why these companies can pay people like you and me for promoting their products is really because they do not use traditional promoting strategies such as for instance Television, Radio, NewsPaper, and Heavy Ad Campaigns.
Since they save a fortune by not promoting in traditional ways, they could use that money to cover their reps for promotion.
Their money is well invested simply because they know that recommendations is really a very efficient and inexpensive way for promotion.
3- So this is how it works: You enjoy the product(s) of certain MLM company, you join as a consultant or affiliate, you commence to refer the product(s) to others, and when other folks purchase the product or join as a rep you get a commission.
If someone that you refer decides to become listed on the organization, generally, you will receive a percentage of each sale that that person makes as well.
You observe that works? Everyone wins, It's not a scheme, it is really a real business.As your MLM team grows you grow!
Once you've developed a faithful team of people who understand Network Marketing and the freedom and benefits it gives, that is when the money really begins ahead in at a quickly pace. Simply how much time does it take?
There is no right answer for that question. For a few people it only takes a couple of weeks to begin creating a significant amount of cash; for others it can take as much as more than a year. It all depends on your efforts and just how much you really want to change your life and your financial situation.
All I really can say without a doubt is that if you're truly dedicated and determined to develop in this business,
and make money, YOU WILL MAKE MONEY!
Did you enjoy this article? Please visit me at mlmreviewed.com.
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