Network marketing is a kind of business opportunity which is very popular with people seeking part time with companies that are adaptive. Network marketing models feature a low upfront investment–typically just a few hundred dollars for the purchase of a product–and the chance to share the product line with others.
The company pays people for sharing the product through word of mouth. We generally share products with others anyway, but this is a way to earn from the referral. It is referral marketing, simply put. Word of mouth is still the #1 most successful form of advertising. “Even with the explosion of review applications and sites (eg, Yelp, Google, Urbanspoon), research clearly demonstrates, that word of mouth—product or service recommendations made by friends, co-workers, or neighbors you know and trust—is still the most effective way to win new customers.” Shawn P. O’Connor, Bloomberg Businessweek
Now, here is the question. Why are we okay listening to our friends about a movie, but not a product they have tried with a company willing to reward them? For what reason do we get annoyed, just because the company is giving them a commission for sharing it? Why would we not want our closest friends to get ahead financially by simply sharing a great product. If they are our friends, wouldn’t we trust them?
By utilizing a Network Marketing Model of business, the company and the customers are rewarded. Most network marketing plans also build business around participants recruiting other sales representatives, very much like executive headhunters. Only in a traditional corporation, the CEO and Executive officers are the ones making the majority of the money. In Network Marketing, the earning potential is up to the individual. If they work hard and become a great leader for their organization, they can make 6 or 7 figures. They do this by helping others do the same. It is a win win business plan.
Let us consider some of these points:
1 Why do we fear our own success: A Lack of adequate information about Network Marketing is one reason. It is natural to fear what one does not understand and Network Marketing has been greatly misunderstood in the past. The other reason we fear, is because deep down we don’t feel like we can do it and be successful. Network Marketing businesses do not fail people. People quit. That is what causes the biggest failure rate in Network Marketing.
2. Referral marketing: Referral marketing is a procedure by supporting customers and contacts or merchandise to raise word of mouth advertising. On-Line referral marketing is the net based strategy to referral marketing that is conventional. By monitoring customer behavior online through using internet browser cookies and similar technology, on-line referral marketing could supply a higher level of liability than models that are offline. Social media has become another form of referral marketing as consumers share their positive or negative reviews about a company or product.
3. What else can give you Residual income with low overhead? Traditional businesses can cost $2000 to several million just to get started and then you will have a considerable overhead each month.
4. Extra income by sharing a product: marketing or sharing a company’s product is also a means of generating income.
5. How much of a raise would you need to get just $200 extra a month? Think about it.
Whether you are looking to make an extra $200 a month part time, or you are ready to transition to owning your own business, this is a great choice. Lock in your no obligation position now and if you like what you see upgrade later. Click Here