What are the Benefits of Network Marketing?
Description:
Network marketing is one of the most established modes of business using distributors or sales people. The distributor takes his sales techniques one step further. Not only does he sell product, but also recruits people to be members of his sales team.
Content:
Network marketing is one of the most established modes of business using distributors or sales people. The distributor takes his sales techniques one step further. Not only does he sell product, but also recruits people to be members of his sales team. With a strong sales team of active distributors, more sales are made with everyone on the team getting a commission.
Network marketing companies not only reward their distributors with commissions but also compensate them for every team member recruited. This means that there are 2 ways to earn in network marketing, which doubles your profit. Many companies also have a way to give incentives or bonuses for selling a certain amount of product or recruiting a number of team members. This makes a third way for you to earn.
MLM marketing is short for Multi Level Marketing. It is based on the same principles as Network marketing. Compensation is paid not only on your first level of recruits, the ones you have enlisted, but you will also be compensated on your second level, which are the recruits that your team members have enrolled. This can be done on several levels, depending on the company, until your team becomes a large and profitable group of multi level tiers.
As you can see there is a lot of money to be made for you and your team. To summarize the ways you can do this:
1. Direct sales
2. Direct recruiting
3. Multi level recruiting and sales from your team members.
Apart from the advantages of the payment system there are some other benefits to consider when you enter the network-marketing field.
No Inventory: one of the best things about network marketing is the fact that you do not have to keep inventory. Whatever you sell will be sent directly to your customer from your Mother Company.
This business can be run with 3-4 hours of work a day: You will not be ruled by your business. Network marketing can easily be managed within 3-4 hours per day or 15 hours a week. This gives you more time to spend with your family or just doing what you want.
It is a social business-you will help others to succeed: The nice thing about MLM is the fact that you are helping others to find financial freedom by teaching them the business. It is a social business in which you keep in touch with all your team members.
Easy to grow and manage your business: Once you develop a plan for success, you can easily teach others to duplicate it. This makes this business easier than most to succeed. You just keep on duplicating your success and developing team leaders to help you teach the team members to do the same.
You can run your business from home: The beauty of this business is that you do not need an office or even staff to help you run your business. You are the CEO and anything else you want to be. Plus you can run your business from home and never have to face that bumper-to-bumper traffic again!
Author: Zach Thompson
About Author:
Zach Thompson is a Residual Income Representative. His clients range from actresses to pro athletes. You can get a free Glyconutrients consultation by visiting the site.
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