Why does the Network Marketing business model exist?
Network Marketing is a great way for companies to get the word out about their products.
In most situations, a company who wants to take its product nation wide or even world wide would have to spend millions of dollars in up front advertising and this is just not capable for most companies who can not bank on the success of a given product. In order to be able to spend millions of dollars up front, you either already have to have an established nation wide product line, or a line of investors willing to bite the bullet if by chance the product fails.
The network marketing business model allows average companies the ability to test their market and while they still do have to pay advertising costs, they are not paid until after the sale is made.
Regardless of what people are saying about the network marketing industry, there is no question that this is a legitimate business model. Small business is the driving force behind the economy. Without small business the economic system would grind to a halt.
The network marketing business model allows small businesses to become big businesses and in the process it can make the distributors wealthy. Since advertising costs are still paid out, motivated distributors can align themselves in such a way as to be paid what an ad agency would be paid. This is because the distributor, through his or her own efforts, grew the size of the customer base in the same way an ad agency would have. Instead of promoting the products on television or radio however, the distributor used word of mouth.
Network marketing boasts the creation of more wealth for the average person without any prior education or experience than any other type of business model. Success in network marketing is not based upon the education or experience level of the individual. Instead, it is based upon the drive and determination to succeed.
The future of network marketing is bright and here is why …
The economic circumstances we find ourselves in form a perfect environment for the explosion of companies centered around a network marketing business model.
People are looking for real ways to earn extra money and network marketing is definitely an option.
One can start a network marketing business for very little up front investment and become successful just by telling other people. The reason network marketing has a bad name is because people joined an opportunity, expecting they would get spill or have their down line built for them and when they left the opportunity, they left with a bad taste in their mouth.
People do not fain in network marketing because the business model is flawed. They fail because they do not work the business.
The current economic situation is making it a mandate for people to work the business. In my opinion, there has never been a better time to start a network marketing business.
Anyone can succeed in the MLM industry with a little bit of effort. I can not guarantee your success because success is based on individual efforts. I will say however, that if you put forth the effort to acquire the skills necessary to build your MLM business, you can reap great rewards.
There has never been a more important time to start planning and taking seriously your families financial future. This is a wonderful way to make your financial dreams your life.
The future of this industry is bright because people realize now more than ever that the traditional job is simply not secure. People understand that network marketing, while it is not the end all, is a viable option.
People who would have otherwise never ever looked at this type of an income stream are now not only looking into it, they are working it because they have no other choice. If someone were to position themselves in front of the masses of people joining this industry, the could end up in a very lucrative situation. This means that with the right approach, you or anyone you know could end up in this situation.
The moral of the story is this. Perspective is everything in life and having the wrong perspective about certain things can have unintended consequences. Negativity is a part of life and when people do not get their way about something, they can sometimes become negative.
It is always good to keep an open mind and explore all options. The future of the economy is uncertain. One thing that is not certain is that the economy will continue to change. This means that a job is never really secure. The onlye security that truly exists in the world is the security that can be found in oneself.
