Network marketing is a direct selling method in which independent agents serve as distributors of goods and services, and are encouraged to build and manage their own sales force by recruiting and training other independent agents.
It is an old concept but with todays diffrent meetingplaces ,which includes the internet, the potential of making a huge team drasticly increased.The companies that uses network marketing think the word of mouth is the best advertising form to use for their products, and they are right.
That is why network marketing is a type of business opportunity that is very popular with people looking for part-time, flexible businesses. Commission is earned on the agent’s own sales revenue, as well as on the sales revenue of the sales-force recruited by the agent and his or her downline.It is a multi-billion dollar worldwide industry that distributes practically any portable item.
So for those that are looking for a way to start their own business network marketing is something to look into. But beware of the fake network marketing opportunities!
Network marketing companies follow a similar concept to a pyramid scheme, which is the reason for a lot of confusion.
Pyramid schemes promise of sky-high returns in a short period of time for doing nothing other than handing over your money and getting others to do the same. The fraudsters behind a pyramid scheme may go to great lengths to make the program look like a legitimate network marketing program. But despite their claims to have legitimate products or services to sell, these fraudsters simply use money coming in from new recruits to pay the early investors. To get money directly from a recruit and not from a product sale is not a legit business.
It is a shame that some people ruin the name of network marketing by starting those pyramid schemes so do not fall for their big promises. To make a stabil legit business you need to work and it will take time. Push button riches don´t exist.
A good network marketing opportunity for you is the one that sell products that you want and like even if you wouldn´t get paid for selling them. You must find an opportunity that you have no trouble showing to others. When you are excited about a product you will be good at network marketing.
Network marketing as an online business is another story with more options and with the distribution part often taken away back to the company. Read my post about it: network marketing online