Has Network Marketing Come of Age?

Network Marketing is one of the most effective ways of starting and running your own business. With effort and the willingness to work hard you can develop a strong secondary or primary income. Network marketing wishes to overcome this limitation by looking at transactions and relationships from the viewpoint of all those involved.

Success requires a business owner to build a large network of people who buy and sell products/services and recruit others who’ll do the same. The Internet now enables network marketers to build national and international businesses from the comfort of their home. Therefore the opportunity is available to you too. Success in business is not just a skill, it’s an instinct – something that cannot be taught to some people. Success is the continued expansion of happiness and the progressive realization of worthy goals by honoring others.

Commissions are not based on title or rank achieved. By qualifying with a minimum sales requirement, representatives earn unlimited commissions on a limited number of levels of downline recruited representatives. Commissions can run from 10% to 20% and up for some big ticket sales. Hotels and resorts, golf course and country clubs, airlines and travel agencies, and retail and wholesale merchants offer networking programs to sell products, goods, and services.

It’s paramount that you provide a service that people are willing to pay for. Provide them an opportunity to learn and grow, not just stand on the corner and distract drivers. Provide something of value related to your business.

Pyramid schemes are a different animal, although in the early years, many people considered network marketing to be synonymous with pyramid schemes. Pyramid schemes are just an opportunity to redistribute money from one person to another. Pyramids are programs similar to chain letters where people just invest money based on the promise that other people will put in money that will filtrate back to them and somehow, they’ll get rich. A pyramid is strictly a money game and has no basis in real commerce.

Direct selling stocks, which are also known as multilevel marketing stocks and network marketing stocks, can be considered to be recession- proof, because people turn to ways of generating extra income when times get tough. Direct selling companies operate by recruiting salespeople to sell their products. 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 . In this method, 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 recruits (called downline ).