Network Marketing..your Parallel
Career?
To many people...the words network marketing...MLM...direct
selling...evoke all kinds of thoughts and images in their mind?
Are you one of these people? When you hear these words, does
your mind automatically recoil with such thoughts....
"Don't want to get involved in another one please!"
? "I've wasted so much time for nothing!" ? "It's
all hype and not possible!" ? "The company I was with
went bust and left me with a whole lot of inventory!"
Granted...there are many so-called network marketing business
opportunities out there that are illegal pyramid scams or with
over-priced and dubious quality products. But there are also a small
number of good opportunities that are truly legitimate and
rewarding.
A good network marketing business opportunity could be the
start of a parallel career. (And a parallel career is here
defined as something you start while you still have a job
with the end goal of working for yourself).
When you start a network marketing business while you still
have a job (as a parallel career), besides the sense of security
of a regular paycheck, other benefits include:
·
The Opportunity to Meet and Interact with Many
People Daily
As network marketing is a numbers game, the more people you
talk to the higher are your chances of success.
·
Not Dependent on Your Network Marketing
Business Income
You have a current job with a regular source of income.
Hence, you're not dependent on your network marketing income, at
least in the short-term.
·
Not Under Pressure to Make Money Quickly
Having a source of employment income means that you'll not be
under pressure to make money quickly. But this does not mean
that you should not pressure yourself to achieve set goals.
·
More Confidence
Getting your regular monthly paycheck and not depending on
your network marketing business income gives you more
confidence. This will show in your approach and your attitude.
Prospects can sense it.
·
More Credibility
The fact that you're currently employed gives your words more
weight because your prospects realize that you have options and
can do without this network marketing income.
Also, network marketing by its nature gives you the
flexibility of when to work, where to work from and who to work
with. You could choose to allocate two nights a week or the
weekend to do the business. You could choose to meet your
prospects in your home or at your favourite cafe?, and you could
choose to share the network marketing opportunity only with
people you can get along with. No such choices in a job!
Therefore, if you have no hang-ups about talking to people
(including strangers), you're disciplined in setting goals
(daily, weekly, monthly, longer-term ones) and you're passionate
in the products and company you represent, network marketing is
an above-average choice for a parallel career.
From the numerous success testimonies found in monthly magazines
and websites of the good network marketing companies, you'll
find that those who have made it to the top positions (the
so-called Diamond or Platinum ranks) say that they cherish the
recognition, respect and freedom their network marketing
business has given them. And most of all they are having fun
while earning unbelievable incomes. What a lifestyle!
Network
Marketing in a Nutshell
In
the traditional method of product distribution, products 'move'
from the manufacturer to wholesaler to retailer and ultimately
to end user/consumer. In network marketing or MLM which is
essentially an innovative system of product distribution,
products 'move' from manufacturer to distributor to end
user/consumer.
The
intermediaries in traditional marketing distribution (i.e. the
wholesaler and retailer) are replaced by independent
distributors of the network marketing company or MLM. These
distributors are organised in a multi-tiered hierarchy (hence
the term MLM or Multi Level Marketing) and share in the profits
of the company according to an elaborate formula commonly called
the Marketing or Profit Plan.
Usually
the products of the network marketing or MLM company are either
manufactured by the company or they are sourced from various
manufacturers. Through its army of distributors and the power of
word-of-mouth advertising, the company
is able to save on mass media advertising.
Some
MLM or network marketing companies include: AMWAY, Cosway,
Forever Living, Herbalife, Mannatech, NuSkin, Oriflame, Reliv,
Shaklee, Tupperware, USANA, Viva Life Sciences.
According
to Wikipedia the free encyclopedia, network marketing or MLM is
a business model that combines direct marketing with franchising
- see http://en.wikipedia.org/wiki/Network_marketing
Related
Articles
*
How
to Choose the Right Company - Don't just go on
referrals, research networking marketing companies to find one
that's right for you. - (by Rod Nichols who is
Entrepreneur.com's "Multi-Level
Marketing" columnist. He has been involved in the
network marketing industry since 1979 as a consultant, trainer
and author). Comment: Good advice.
*
Multi-level
marketing sounds great, but ... - "Typically,
people get sold on the idea that by simply recruiting people,
riches can be had. The fact that someone has to actually peddle
the products is somehow lost in the shuffle" - (by Ask
an Expert Steve Strauss in USAToday.com). Comment:
Read this before jumping in.
*
MLM:
Once Legitimate, Now a Scam - "Today,
and especially with the growth of the internet, it is possible
for consumers to get about whatever they want at competitive
prices. There is simply no real need for distribution
"systems" as there once was..." - (article in www.quatloos.com
by Financial & Tax Fraud Education
Associates, Inc., a non-profit
corporation). Comment:
Food for thought before considering this business opportunity as
a parallel career, though there are still some credible
companies out there.
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