Network Marketing Success - The 3 questions every Network Marketer must have answered are:
-What is Network Marketing?
-Why Network Marketing?
-What constitutes a good opportunity and how do I take advantage of it?
So, what is network marketing? At first glance, an easy answer, but in reality not so much.
The simplest answer is: A group of people who are passionate about a product or service who come together and supply it to the general public. However, looking at it as an experienced marketer, MLM means much more. The truth is it is the only viable business model in the world. Network Marketing does not downsize, does not require a bailout, and is not dependent on the stock market's success. Simply put, network marketing is recession proof, which leads us to the second question.
Why Network Marketing? Studies show that in times of economic crisis MLM experiences explosive growth. Why? Because people are hurting financially and/or are newly unemployed and are looking for easier, quicker ways to make money. Enter MLM. With the added benefit of tax breaks, it is a no brainer. Why not Network Marketing?
The third question is probably the most critical. What makes a network marketing company good? Here is a list of criteria that I have found to be the most important.
-How old is the company? No less than 3 and no more than 5 years old is ideal.
-Have they saturated the market already? More saturation equals less opportunity.
-How are they viewed by the FCC and the BBB? This information is easily accessible on the Internet.
-Are they in any litigation? Self explanatory.
-The product or service MUST BE EASILY MARKETED AND SOLD.
-Last but not least, the compensation plan. In my opinion, binary is the best, but any plan that has limited width but unlimited depth is ideal. The simpler the better. Less moving parts means it is easier to run and easier to explain.
You have asked all the appropriate questions and your company passes, now how do you make it work for you? You must utilized internet marketing and you must be a part of an ATTRACTION MARKETING SYSTEM. Here is a system that I endorse wholeheartedly MYLEADSYSTEMPRO.
-What is Network Marketing?
-Why Network Marketing?
-What constitutes a good opportunity and how do I take advantage of it?
So, what is network marketing? At first glance, an easy answer, but in reality not so much.
The simplest answer is: A group of people who are passionate about a product or service who come together and supply it to the general public. However, looking at it as an experienced marketer, MLM means much more. The truth is it is the only viable business model in the world. Network Marketing does not downsize, does not require a bailout, and is not dependent on the stock market's success. Simply put, network marketing is recession proof, which leads us to the second question.
Why Network Marketing? Studies show that in times of economic crisis MLM experiences explosive growth. Why? Because people are hurting financially and/or are newly unemployed and are looking for easier, quicker ways to make money. Enter MLM. With the added benefit of tax breaks, it is a no brainer. Why not Network Marketing?
The third question is probably the most critical. What makes a network marketing company good? Here is a list of criteria that I have found to be the most important.
-How old is the company? No less than 3 and no more than 5 years old is ideal.
-Have they saturated the market already? More saturation equals less opportunity.
-How are they viewed by the FCC and the BBB? This information is easily accessible on the Internet.
-Are they in any litigation? Self explanatory.
-The product or service MUST BE EASILY MARKETED AND SOLD.
-Last but not least, the compensation plan. In my opinion, binary is the best, but any plan that has limited width but unlimited depth is ideal. The simpler the better. Less moving parts means it is easier to run and easier to explain.
You have asked all the appropriate questions and your company passes, now how do you make it work for you? You must utilized internet marketing and you must be a part of an ATTRACTION MARKETING SYSTEM. Here is a system that I endorse wholeheartedly MYLEADSYSTEMPRO.
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