Network Marketing Business Plan
Network Marketing Business Plan: What is Network Mareketing? Is it a scam? Learn how to get free network marketing leads and check out our network marketing tip
I have been involved with a Network Marketing Business Plan for over six years.
This is what some of my friends (so called experts said to me about network marketing.)
You are involved in one of those pyramid schemes where the person at the top makes you sell stuff so they can make all the money.
You go around and recruit your friends so you can make money.
The only way you can make money is if you are at the top.
The people at the bottom don't make any money.
Is this correct? If so than maybe Network Marketing is not for you.
The Police Officer in me says. I need to investigate and find out for myself.
I noticed that my so called friends were doom & gloom with no plan B in case things didn't go well for them.
You really need to spend a lot of time investigating to see what type of business model is Network Marketing.
MLM
before you spend a lot of time, energy and money.
What are the benefits?
Low start up cost and income potential
The main reason to get started for most people is income potential. Is there a current market shift going on in the industry? Can I get behind the product or services?
Unlike other businesses that require a large up front investment and time to make money, you can get started with most network marketing companies for under $500.00, be trained and start making a good part time and even full time income in a short period of time.
The compensation program is the key because most companies offer several ways to make money. One way is through your personal direct sales. Another is through receiving over-rides off your team members when they make a sale and residual income from continuing sales from your customers made by you are your team members.
Small business back by a big business
Another big benefit is the ability to own your own business without the worries of running a business. For an example: No payroll, product development, operations, human resources, finance etc.
In network marketing you are responsible for one area, sales and marketing. The company takes care of the rest.
Another reason is you develop positive social relationships. Some of my best friends today have come from meeting in the mlm business. The people you meet in the business are more positive in nature and you share the same common goals in helping people succeed.
How is then network marketing business plan compared to a franchise and retailing?
Franchising like MacDonald's restuarant is a business model that requires a large upfront investment.
Retailing like Wal-Mart is another business model that requires a substantial investment.
Network Marketing business plan is another business model that many successful companies use such as YTB, Primerica, Avon, Pre-paid Legal Service and Herbal life.
The strategy for this business model is that the company turns over its marketing to a group of independent distributors. The company may supply marketing tools, resources and guidelines. The distributors are paid when they are their team members make sales by marketing the product or services.
Is this a PYRAMID SCHEME?
Pyramid Schemes are illegal with hefty fines and possible jail time. Network Marketing is a business model.
An example of an illegal pyramid would be if a company only paid you for recruiting people and not for the sale of services and products. You only get paid for recruiting people.
Primerica is a good example because they make no money from recruits and only get paid from sales from insurance products. An illegal company offers no product or services for sale, just money from recruits.
If you collect overrides from the people you recruit when they make a sale is similar to a real estate broker or sales manager that collect overrides off the sales from their team. This is how you can duplicate your efforts and develop a nice income. There is nothing illegal or immoral about this concept.
The Network Marketing business plan is a business model that offers a win-win-win for everyone involved. The company only pays for results. Have you ever been paid what you or worth? That could be scary answer. Because here you are paid what you are worth. Work hard get paid a lot. Don't work get paid nothing. No one is in your way to stop promotions or income.
Traditional companies pay a lot in advertising but MLM companies use your word of mouth and can show profits. The company should provide services and products that the consumer needs. wants and you can be passoinate about.
The distributor can do this part time and full time and make money by leveraging the efforts of others.
This is what makes it a win-win-win situation for everyone.
Take a look at my key to
Network Marketing Success
in todays information age of internet marketing.
I get a lot of questions on does it
matter where you live
to have suceess.
What happens if I don't
recruit enough
people.
What if I don't want to call my friends and family and show them the plan? Is there another way? Yes! Check how I get free network markeing leads online with the
new model network marketing.
Be sure you check out my other network marketing tips. I can show you how to attract prospects to you online with out bugging you warm market friends.
Most people quit when their list is depleted and claim this business model is a scam. What would you do? If I can show you, how to create an ongoing list of prospects who have contacted you first.
I hope this has cleared up for you what the network marketing business plan is all about and that is not a scam.
David Bach, The author of the Automatic Millionare and Start Late and Finish Rich gives his
Network Marketing Business Plan: Back to The Renegade System
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