How To Use The Internet For Your Network Marketing Business tvdmexonline.com /network-marketing/ TVD
Did you know that 97% of all people doing network marketing make less than $50 a month in their MLM business? Are you one of them? Network marketing, MLM or whatever you would like to call it, what they all share can be expressed in two words: Direct Selling According to Direct Selling News, there is no defined date when direct selling started, but for sure this business format can be traced a couple of hundred years back. The idea was to eliminate the middleman and sell from the manufacturer directly to the consumer. The prospecting method by then was the most basic. By knocking on the door of potential customers, the sales process started. Without any doubt, the direct selling method became famous, popular and in many niches very successful. The development of the business concept continued, and the next step in the direct selling evolution was network marketing. Network marketing consists of engaging other people to amplify the customer base. The most famous models are home parties. Products like cosmetics and cookware are favorite products for this format. By engaging various potential customers at the same time, the leverage of the business starts to take off. From network marketing to MLM, or multi-level marketing, it’s a short step to take. In fact, MLM is a form of network marketing. The variable added to the MLM model is the recruiting process. The sales people can earn money in two ways, by selling and commission based on what other people in their network sell. The modern MLM system encourages people to recruit, and the reality is that without constantly adding new people to your network, there will be no attractive earnings if any at all.
The Bottleneck Of Network Marketing Since the very first direct selling company recruiting sales representatives to their business, to the modern form of network marketing companies, the recruitment has always been, still is, and will probably be forever the most crucial part of the business. No matter to which part of the direct selling industry you belong, recruitment is the every-day-battle. People doing network marketing use to engage with family members, friends, and neighbors. At a certain point, the existing social network becomes “consumed.” But the show must go on and without more people to engage the business starts to stale. This is the bottleneck most network marketing people struggle with.
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