Essentials of Network Marketing

Surely by now you've heard of network marketing and its promises to generate for you an unlimited income from the luxury of your own home without the stress of a fixed workday schedule.

You might wonder what magic this network marketing is. It's really quite simple, and when successful, you really can makes lots of money. Of course, it's not as easy as the ads make it to be.

Some manufacturers use another route to sell their products other than the standard manufacturer-warehouse-wholesaler-retailer-customer path. This alternative route is known as network marketing.

You buy the products from someone who is already a member of a network marketing company. He recruits you and becomes your sponsor.

You, in turn, will be selling products too. Upon joining the network, you will become a part of your sponsor's downline, which just means all of his recruits and his recruits' recruits (and so on).

Your sponsor benefits from his downline because he will get a small percentage of profit for every item sold by every member.

However, aside from selling, you are also expected to get recruits and create your own downline.

The bigger your downline is, the better chances for you to earn big. Suppose you recruit ten people, and each one of them recruits another ten. You'll get a hundred people already at just the second level.

If all these members are active sellers and recruiters then you'll have around more than a thousand people from which you can get profit from.

There's monetary investment involved in network marketing. Some ask for membership fees, while most require you to buy a set of all the products offered upon joining.

Either way, it's still money out of your pocket. If you're willing to risk joining a startup company, you will not be dealing with sponsors because you'll be a pioneer member.

If the company becomes successful, you'll have more members in your downline than you've ever dreamed of, and if all of them do their job well, maybe you can afford to sit back and wait while the money goes straight to your pocket, and not out of, for a change.

If you're not comfortable with risking your money, you can join an established network company.

The downside of this is that you may have a harder time getting recruits because many people are already members.

Of course, you can choose not to build a downline and just sell the products, but you'll be alone in working. You only earn form what you sold. In network marketing, your downline will work with and for you.

You earn not only from what you sold but also from what your members sold.

Be reminded that in reality, recruiting people can be difficult in the first place, let alone keeping those already recruited interested enough to be active.

You must use all your salesman skills when joining a network marketing company.

If you want to try out network marketing, here are some tips to remember:

1.) As a member, you will get big discounts on the products the company is selling. Join one whose products you can use and love.

2.) Choose a company that focuses on the quality of their products, not on the networking, which should be secondary.

3.) When choosing a sponsor, make sure that he is efficient. He should be able to answer your questions. He should also treat his immediate recruits as a team.

He should be a good motivator so you won't get bored or frustrated

4.) Find out exactly where your money is going.

5.) Gather all information you can on the company you've chosen.

If you're looking for get-rich-quick schemes, forget about networking. This will entail work, both in selling and getting recruits.

There are also marketing scams which you have to watch out for. Some companies only want your initial investment. Others are focused on recruitment and not on the products.

When the products aren't good, no one will buy them, and as a consequence, you and your downline will not earn anything. In the end, it still boils down to working for the money.

Sean Felker is the publisher of the very successful and popular Work at Home and Making Money on the Internet blog:

http://making-money-online.blogspot.com

---

Wanna See My Daily Plan Of Action?

Here is my FORMULA for success coupled with (DPOA) DAILY... Read More

How Is The Work At Home Business Best Suited With The Main Aspects Of Our Life?

When you ask any professional or a work at home... Read More

The 5 Critical Elements of A Successful MLM System

Take it or leave it but all big MLM earners... Read More

Residual Income, a Myth?

I'm writing this in response to the every distributor in... Read More

Online MLM Promotion - The 4 Wrong Ways And 4 Right Ways Of Doing It

Contrary to popular belief (or what most MLM people would... Read More

Opt-In MLM Leads Are Good Prospects To Grow Your Business

Opt-in MLM leads are one of the best ways to... Read More

The Best MLM Network Marketing For You Requires Some Searching

Looking for the best MLM network marketing opportunity for you?... Read More

Discover How To Attract The Help You Need To Build Your Network Marketing

Positive thinkers dare to believe that the biggest and best... Read More

Time To Start Engaging With Your Downline

When you start your network marketing home based business, you... Read More

Profitable Network Marketing Systems and Products

Profitable and effective network marketing systems and productsAfter 20 years... Read More

What is MLM ?

Multilevel Marketing is one of the fastest growing yet most... Read More

New Style Network Marketing - Why Professionals are Rushing to Join!

There is absolutely no doubt. Network marketing or multi level... Read More

I Was Loosing a Lot of Money with MLM... What I Changed to Keep that Money in My Pocket!

Hello everyone,I've been around in network marketing for a few... Read More

10 Killer Ways To Sell Your Back-End Products

A back-end product is a product you attempt to sell... Read More

What 15 Years in the Network Marketing Industry Taught Me

Just whisper the words "network marketing" and you're bound to... Read More

Network Marketing Problem ? Are Your Downlines Leaving You?

First of all, let's take a look at your effort... Read More

The X Factor of MLM Mega Earners

Send this to your downline. It will give them a... Read More

Duplicating With the Color of Your MLM-Chute

Richard Bolles, created the hugely popular What Color is Your... Read More

Network Marketing Companies

Network marketing companies are mushrooming up everywhere these days. It's... Read More

How Network Marketing Can Help You Build A Second Income Fortune

We live today in an age of inflated money- where... Read More

How To Start A MLM Business

When considering whether to start a MLM business, begin with... Read More

MLM Products - The MLM Success Formula for HOT Selling Network Marketing Products

You must understand this next statement:The successful network marketing company... Read More

The MLM Revolving Door Syndrome

In the 15+ years I've been involved with network marketing,... Read More

How to Network Your Home Business

Finding ways to get your home business noticed has always... Read More

Do You Really Want To Try Network Marketing?

Make no mistake it takes a unique skill set to... Read More

The Importance Of Cash Flow In A Network Marketing Business

Many networking marketing affiliates and mlm business owners face one... Read More

Multi Level Marketing (mlm)... Is It Taboo?

So you are interested in working from home and of... Read More

Finding The Right Business For You: Keep Good Company

If you're thinking about getting involved in network marketing, choosing... Read More

How To Separate Work From Private Life With A Work From Home Business

Combining your home life with your work when you have... Read More

How to Choose a Network Marketing Winner

The idea of using a network-marketing program to generate extra... Read More

Your Magnificant Obsession

Wow! You've just signed up for the greatest prgram on... Read More

Finding Targeted MLM Leads

The objective of multi-level marketing (MLM) is to sell the... Read More

Homebased Network Marketing Mlm

Homebased Network Marketing Mlm has three qualities: control of time... Read More