What is Network Marketing?

Posted on August 16, 2012. Filed under: Chats and thoughts, Mentors | Tags: , , , , , , , , , , |

 

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Ok now I am back with another part to network marketing. This time I tell you what it is. So that you can understand the in and outs of this kind of business structure. First of all as you know I am a network marketer online.  That to me means I market products or services to a costumer.  I tell them a little about the product by word of mouth or by advertising. which still shows you what it is and who would need it. A few years back someone I can’t recall who, but they found out that the best way and the most cost-effective way to get the word out about a thing, product, service  is to tell one person and they tell another and so on and so on. it works because the first person you told believes in you and you have given them value(a friendship) in the past by telling them of other things that have been good to them and for them. The big trust factor plays a big role in the whole line of the action and reaction.  This reaction goes on to the next person then the next. Word of mouth advertizing good or bad, it works. it works the same way over and over.   Big and small Companies have found out that it cuts their cost in high advertizing dollars, so more and more of them are doing it today.

The companies today that use this kind of knowledge building or word of mouth building are called  network marketing companies. They tell a group of people about the product  they sell and tell them go out and tell as many people as you can about our company and if you do this I will pay you a portion of the revenues.  You are in business for yourself as an independent contractor with a small business for less  money than you would have to pay for a different model or structure business.

The idea is a good one because now the average joe or jolinda can start a business for under (in most cases) under a thousand dollars. No  business loans to apply for,  no business plans to draw up and no high franchise fees.  Never before in the history of business and sales as a model or structure worked so well. Now don’t get me wrong  franchises, and your own company are worth while things to do.  After I am finished with the network marketing and related business. I will explore the franchises as the next working model. But most times with these types you do not have the freedom to work anywhere in the world, or take you business with you.  Now days you can even do it all on-line. This is why network marketing was so attractive to me. I also like variety. So I don’t want to be with just one company I want to do several things.

The current MlM and I will explain that term  in a bit( another posting), but the current one I am in, is in my view a very good one for me.  It hits all my wants to do. To travel, to make money, and to help others change their life and to help them and self with personal development.    I also went to school to be a photographer.  (Fine art photography) so to travel and see the world it give me the opportunity to  add that into the big picture. So as I said it hits all my buttons.

The guidelines they have set up. and I do understand the why. but I do find it a little restrictive when it comes to advertising  online. However I will not rock the boat or I will try very hard not too any way.

Sure I will also work on my other products and project that are less restricted.  I was in  online classes for over a year learning marketing for products like affiliate marketing, and branding and where and how to post ads and use social media to brand self. but then I had to turn my focus back to the network-marketing so that I could tell you first hand how and what it is like and the mind-set as you do what you learn.

I do understand and acknowledge that you are(I am) only one person and I have taken a big challenge out for self.  I did not want to just report on what I have read from others and all the information from others I wanted first hand knowledge.  As you can tell from this blog I have not been writing much I have been doing a lot. Plus the fact that at work I was given a chance to do some over time 14 straight days ouch!! I am worn out.  But to get more bills paid and send my daughter on one of the trips (she is also doing the business) so she could tell me what and how it was.  She said she had a blast and the accommodations  were top-notch.4 and 5 star at 2 and 3 star prices.  So for 5 days and 4 nights with every thing included(food ,drinks,events) and for $700.00 dollars it was a great and a wonderful trip as she states. Now grant you this, the airfare was not include to Cancun Mexico but that cost me around $500.00 So the total trip cost not more than $1500.00 for one person.

What is it with me and these long post oh my gosh!!!. I guess I have so much to tell you and since I have been away for a while I want to get it out all in one big burst!

So here are my final words for this post.  By the way I am not telling you the name of the network marketing company for good reason. This blog is not about it but my experience and my thoughts about them in general( I also look at other companies as well however). and I am not trying to really sell you on the one I am in. With network marketing companies you can do well with any one of them just as long as you see that you are starting a business  and work it like one and work long hours and put your all into it while working your day job.So that in a few years you can see what all your hard work has done.

Don’t just go for the money that you can make go for the passion behind the product. love the produce and truly believe that it is the best one out there. How can you really grow any thing you don’t believe in and do not trust.  You your self have to trust ,love and like what you do. You also learn so much by working with other people and you are putting your self in with others who have the same goals and dreams as you do. this is really an investment into your education and understanding in a very hands on way!

the cost is not really that much compared to a college education or an online class.

The object is to be successful with in your self and with your business. It takes the average business a little over two years to be well established and over six to really benefit.  if you push you can do it in less time. However life is more than just work. (Oh my bad me!) You have to give it and your self time to learn and grow and to help your team and your customers do the same. You are not recreating a wheel you are adding the salt to the fries when the bell goes off. Duplication is your key to building your business, and being teachable and coachable. Learning by doing and showing others to do the same. Mistakes yes they will come and go and you learn do it now and do it fast! and get out of that part of the zone. LOL.

You are the student and the teacher  and that is always  the goal in your growth in life long pursuits.

If you chose the network-marketing business model(direct sells) as the work from home business, this is your first step into the world of being a business person and an entrepreneur, and not the employee.  This change  alone changes your way of thought and what you do and how you do it. Personal growth is  a big, big factor.

Network marketing is big business. There are over 2,000 companies in the US. Sales of more than $28 billion a year and there are approximately 13 million americans in the industry.   Last but not lest. The history of the industry  as more and more people loses jobs and the low-cost to start, more and more people are turning to this  and so there will be an explosion with in the industry. The four stages of growth I will cover this in another post as well but momentum is a key point.

One note  of caution, this field is not for everyone. But if you look at it as a path to growth and never ever put all your eggs in only one basket and build other things for your future,for your true purpose to working online is to have many streams of income like your bills (they come in every month and every week). You develop your self and your insight into other things as well talking with others and growing relationship you see what else you can do or what is out there. smile. oh boy a long post. Sorry! but more to come in another post!! smile

Knowledge is power, the more you  learn the more you grow. but you must have fun doing it or what is life? People are your source of life, spiritually, mentally, lovingly.

cheer up I am done for tonight!

 

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