The Advantages of Network Marketing on the Internet – Profitable Network Marketing Business Opportunities
Do you know how many thousands of people are making profits by network marketing on the internet these days? Too many to count!
What is network marketing?
Network marketing is a sales model in which the company’s promoters are paid not only for sales they generate, and also for sales made by people they recruit (also called their “downline”). Usually they are paid for sales made by several levels down in their organization. Network marketing is also sometimes called multi-level marketing or MLM.
Network marketers are people just like you who are working from the comfort of their own homes. They are avoiding the corporate rat-race, working the hours they choose and making a few extra dollars (or even large incomes).
That means they are living much more comfortable lives than they did just working that J.O.B.
Proven Profitable Network Marketing Business Opportunities
Worried about an upcoming recession? Have you ever been laid off? In a way you could say the bright side of any recession or being laid off is that there IS a way out, an avenue for anyone to become their own boss. Instead of waiting to find out if a pink slip is coming, or waiting for savings to run out, many have invested in a network marketing opportunity and are extraordinarily pleased they did.
What Types of Opportunities are there in Internet Marketing?
Life is rapidly changing in the United States, the roles our parents had are out of date or going the way of the dodo, books are vanishing, cars run for many thousands of miles not requiring any upkeep, and letters with stamps will shortly be museum pieces.
Many people aren’t waiting to be obsolete, or standing in a line waiting for the government to help them, they’re looking at the enormous list of network marketing business ventures that are out there for the taking.
Say Goodbye to Your Supervisor
A recession can be a genuine game changer, people say enough of the corporate treadmill, and they are starting their own successful network marketing businesses in hordes.
Some Reasons to Try MLM Marketing
- You are your own boss.
- You can work full time or part time, your choice.
- There are a lot of low cost MLM company options.
- If you pick something you are interested in or is already a hobby, you can profit while having fun.
- You are part of a community of people who are supportive of you.
- You can pick the hours you work.
- Usually you can buy the product at a discount.
Is Network Marketing a Pyramid Scheme?
The short answer is no, network marketing is not a pyramid scheme. According to Wikipedia, “A pyramid scheme is a business model that recruits members via a promise of payments or services for enrolling others into the scheme, rather than supplying investments or sale of products or services. As recruiting multiplies, recruiting becomes quickly impossible, and most members are unable to profit; as such, pyramid schemes are unsustainable and often illegal.” Network marketing business opportunities relate to the sale of a product or products, not simply “signing somebody up”.
Ways to Choose a New Network Marketing Opportunity
Perhaps you are looking for a new network marketing opportunity to join. Either you have been in the business for a long time or maybe you are new to network marketing and you’re attempting to find the right company. You should be conscious of the fact that hundreds, probably thousands, of network marketing businesses have come and gone over the years.
The internet has made it easy to keep an eye on these new network marketing opportunities. While it is going to take you a bit of time and research to gauge whether these new opportunities will work for you, it’s a necessary step to make certain you are making the right fit for you and your family.
Network marketing has been in existence for a number of years, and it’s a good marketing model that works, if it’s done right. This is a rapidly changing marketplace and you will have to be confident that the company you select will last. If they sell a product that was popular 10 years ago, that product might not be so fascinating now, so you should ensure that the products the company offers are high quality and something people will always want to buy.
Fifty New Network Marketing Programs
When you factor in that there are around 50 new network marketing programs popping up every week or two – the choice is going to be troublesome. The internet does make it easier though.
After you’ve narrowed your choices down to a couple of these companies, then you need to read their websites closely and monitor any blogs that show up on the subject of their products and services.
Also how are they advertising? Are they making an investment in print advertisements, email marketing, and maybe TV advertisements? The larger the organization’s marketing budget is, the more the word will get out and the product will get known, and this may be to your benefit. I say “may be” because some companies have failed miserably because they have spent too much on advertising and blown their budgets too quickly.
There is an art to gauging blog comments too. Many network marketing specialists spend more time complaining on blogs than building their companies, and you will soon figure out who these people are and understand why they are failing.
Complaints without action do not equal success. People want to work with positive leaders.
Participate in these network marketing blogs and don’t be scared to raise questions, your future wealth is at risk here!
If you’re New to Network Marketing, Watch out For These Problems
When you have made your decision, you are going to require some assistance and that is another minefield as well, there are a lot of shady characters on the internet trying to earn money from you, selling all of their “secrets” and “latest” systems of making profits with network marketing, be exceedingly careful.
If they offer you a course for say $37 bucks, that sounds cost-effective. But when you click through, they may tell you that you have to have a monthly membership to be able to view the course. That $37 wizardry course may end up costing a lot of cash!
Don’t get suckered in to all that and do not believe all of the hype. There is no magic pill available allowing you to be an instant success at network marketing.
Consider picking a company with a top product that has been in existence for no less than 5 to 10 years. Getting in on a prelaunch with a network marketing business may appear tempting, but leave it to those that can stand losing the money when the company dies. A huge percentage of network marketing enterprises do fail. Why would you want to fail too after all the time and money you’ve invested?
Another significant factor to think about is how you can promote your new network marketing business. It’s crucial that you have some money put aside in the form of a marketing budget, time to dedicate to building your business, and the ability to build and market a website. More on that later in this post.
Once you’ve selected a company and set up your website (or your MLM company may provide one to you), you have to drive traffic to your website. How are you going to generate a sufficient number of quality leads? One thing you definitely can do to guarantee success, is to have a look at tried and trusted MLM lead generation systems, which will decrease your marketing expenses and help to get you off to a flying start.
Picking a Great Network Marketing System
If you’ve thought of starting a home based network marketing business, you are probably wondering how to go about picking a great network marketing system.
Every month tens of thousands of people invest their hard-earned money to join a network marketing company with the hope of earning a few extra dollars working part-time from the comfort of home. By the end of their third month in business, 70 or more pull the plug and quit, often in worse financial shape than when they started.
This is a common scenario. It doesn’t need to be that way.
There’s only one thing standing in the way between enjoying remarkable success with network marketing or failing like those other 70, and that’s the utilization of an easy network marketing system that will do almost all of the hard work for you and your downline. More on choosing a network marketing system below in this post.
How Can You Be Successful at Network Marketing?
It’s no good getting into any internet promotion opportunity without the attitude of a businessman or businesswoman and a great work ethic. If you spend fifty hours a week at work, and ten hours every week traveling time, you ought to be prepared to dedicate that many hours at least every week to your new social marketing business. The biggest incentive will be the certainty that you won’t ever have to work for that horrible boss ever again.
You name it, there are network marketing business opportunities in health, technology, energy, gold, travel, weight control and even dark chocolate! If you’re interested in a certain sort of business that’s a great start, always get into a social marketing opportunity you will enjoy. If you have a degree in any area you might want to look for an opportunity in that field, you’ll have a head start with your brain already full of information!
There’s every possible opportunity out there. One web site I recently found claimed to have almost four thousand different network marketing business opportunities listed! I am absolutely sure some are much better than others, but still, how many times have you gone online and looked at regular job opportunities and seen that many that could all work for you in one place?
Instead of submitting to soul-crushing, endless job interviews with potential bosses watching every move, judging you and looking at your Facebook page back to the start of time for any signs of anything they don’t meet their “standards”, spend that time working on your network marketing opportunity.
The job interview process has to be the largest invasion of privacy to date, even beyond standing exposed in front of an airport scanner! With network marketing, no more of that, well perhaps except the scanner (when you go on all the fabulous vacations you will be able to afford) but you know what I mean.
You can read all the internet promotion opportunities and find one that interests you.
Do you love jewelry, are you obsessed with reading health blogs, are you wild about technology? You say it and you’ll be able to find something that fits with your dream.
When you find something you have an interest in, do as much homework as you can about the company before signing anything or handing over your check. The awesome thing about the web is you will find info on everything these days. You should dig around and find out as much you can on the companies you have an interest in, and confirm it is for you first.
Network Marketing Systems – Tools Are Not a Network Marketing System
Many new network marketing business owners confuse tools with systems, and this may be a pricey mistake. They suspect that tools are a marketing system, but that just isn’t correct.
A good network marketing system will employ numerous different tools, but any tool will be fully pointless unless it is a component of a fully integrated series of processes which are built to achieve a measurable result.
Your company might have gone through the expense of manufacturing a DVD presentation which was designed to generate interest in your product or opportunity. Honestly though these DVDs are only a tool, and one piece of the process of presenting and sales, it’s a step in a system of processes.
A live MLM webinar event hosted by the top revenue earner in your company is a great sponsoring and closing tool. Yet it won’t produce one iota of a result unless you have a system in place to make public the webinar to new prospects, provide a way of registration, and supply you with a copy of their contact information for the purpose of follow up.
Complete Network Marketing System Example
A system is a sequence of uninterrupted steps designed to bring about a required end result. A good network marketing system for lead generation, as an example, may include 12 steps, and if lead generation is being done online, the following steps might be taken:
- A target market must be identified by utilizing precise tools to analyze that market, and those people should have a desire for your service or opportunity. As an example, “retired salespeople”.
- Use search site keyword analysis tools to figure out the precise words, phrases and idioms used by the chosen niche when in the market for your kind of product, service or opportunity. E.g, “part-time internet jobs”.
- Then you will use the tool to discover how much competition there is for those keywords, this specific tool will measure how many sites, blog entries, articles and probably ads there are competing for those keywords.
- Write or outsource the writing of an information problem/solution article.
- These articles can be by hand submitted individually to article marketing sites, or they can be submitted to a tool like a service who will submit these for you.
- Promote article by pinging url, social bookmarking and securing back links.
This shows the steps that are contained in a total online network marketing system, it is a series of steps built to produce a required result. In this example these steps have been taken to get a new webpage to rank in the search engine results pages, using keywords that are targeted particularly at a target audience.
When the system is followed the result will be a flood of highly targeted traffic to your website where you would also have in place another series of steps or system to gain the interest of your potential customers, which will lead them to opt in and receive more information about your product or opportunity.