Network marketing is an exploding concept. With names like Donald Trump, Warren Buffet, and Robert Kiyosaki, endorsing it or even owning these types of companies. So if you have not heard, network marketing is not on trial anymore. It is a proven business model. Last year in the US alone it produced over $25 billion in sales.
Why Network Marketing?
The option of starting a network marketing business is handy to the 800,000 people who were laid off in the US last year. In fact the average job in the US lasts 3.2 years. That means a person will have 16 to 18 jobs in their lifetime. Another startling fact is that jobs and big business is leaving the US big time.
Network marketing is an affordable option to anyone. It can be started with little start up costs. And, the operating costs do not require an operating line of credit from the bank! So to put it quite basic it is an option for anyone to start.
What are some other basics?
Why would anyone want to join a network marketing company over traditional business?
We have all heard the benefits before in some presentation about no inventory, no payroll, and so on. These are all great but there is a key component why network marketing is a better model!
The most basic reason it is so lucrative is because 1% of 100 peoples effort will always produce more than 100% of one man’s effort! Leverage is the most exciting part to this model.
For you to be truly successful in network marketing there are two basic concepts you must learn and master:
1. How to bring people into your business.
2. How to train them to do the same.
How to bring people into your business deals with:
– prospecting,
– showing the business, and
– closing.
How to train them to do the same is how you exploit leveraging to its fullest intensity.
Both concepts are simple but take work and dedication to master. Don’t be mislead by this information. Your network marketing business will only be successful if you treat it like a business!
This article is really just a slice of the basics. If you want to learn more about network marketing, specifically on the internet, visit the link in the resource box for more information.
Copyright © Mary Thayer
