What Is Network Marketing

The Network Marketing Works video
podcast is sponsored by and created by Glenn Burks on the web at
network-marketing-works.com Ok, let’s get to it, today we’re going to cover
what is Network Marketing. What is network marketing. The simplest explanation of network marketing is that it is a method of marketing that utilizes independent
representatives to reach potential customers that a company otherwise would
not reach with traditional online or offline marketing methods. In order to
accomplish this network marketing companies and their associates recruit
individuals I.E. their sales force. Just like other companies and franchises have
done for years. Take for example the insurance industry. How often have you
seen ads on television that use the term independent insurance agent or associate.
Yet, as we watch these advertisements we naturally assume that they’re employees
of the company when in reality their independent business owners. No doubt you
have noticed as you’ve driven through your neighborhood many of these small
businesses. They have signs and other advertisements specifically designed to
draw your attention to them. Yet, you will rarely see advertising for the
approximately 13 million people who are either involved with Direct Selling or
in the network marketing industry according to the figures by the direct
selling Association the DSA. Now there is a distinct difference between direct
selling and network marketing. In most cases they are assigned in exclusive
territory and therefore cannot market outside of their assigned territory.
Whereas in network marketing in most cases you can market just about anywhere
your company is established. So, why are these companies willing to pay you? Why
don’t they just utilize the internet or other traditional marketing methods. It’s
quite simple they want access to your network, that is your network of friends
and family members. Today there are hundreds of companies offering products
and services. Many of these products and services you would recognize by their
brand name. The products and services you can market today, cover everything from
communication services, to internet access, to nutritional products, to
weight-loss programs, to water filtration systems, to financial programs, electrical
power, solar power, just to name a few. So once again why do they need us?
Traditional marketing methods have companies spending millions of dollars
each year to market their products and services. Yet. they know that word of
mouth is far more powerful and effective method of marketing, especially when that
message comes from those whom we know and trust. And these companies are more
than willing to pay you to communicate this message to your network of friends
and family. Now it is extremely important to understand that this method of
marketing is not about bugging your friends and family members as many would
love for you to believe! It is about your ability and skill to determine from
those individuals within your circle of influence who would be interested in the
products or the services that your company has to offer.
That information alone is one of the critical elements that separates those
who fail from those who go on to become very successful. And, occasionally you
might uncover a few individuals who also want to start a business.
I truly believe Robert Kiyosaki summed it up nicely. It really is the business
school for people, who like helping people. If you want to call your own
shots in life. If you’re willing to get the education you will need to run a
small business. If you enjoy working with people then network marketing just might
be the right kind of business for you. If, on the other hand you are only in it for
the money, or you just don’t like dealing with people,
well then you’ll most likely end up just failing. Personally I’ve found
running my network marketing business to be very rewarding. Well it does give you
the freedom from punching someone else’s clock. Now you’ll be punching your clock
and you will have to hold yourself accountable. If you’re currently employed
the training you’ll get from having a network marketing business will give you
a deeper appreciation of what your employer has to deal with on a daily
basis. You will also become a far better communicator, someone who really listens
and addresses the wants and needs of others. With the economy the way it is
today working from home makes more sense today than acquiring a second job in
order to make ends meet and that’s if you can even find one. For more
information I recommend you visit my site network-marketing-works.com for
even more information on network marketing.

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25 thoughts on “What Is Network Marketing

  1. Independent research, supported by worldwide feedback, suggests that the more a person invests in an MLM in time, effort, and money, the more he/she loses – which is true of any scam. Committed MLM participants may continue investing thousands, and even tens of thousands of dollars, over many years before running out of money or giving up.

  2. Conversely, in legitimate companies, sales persons are not expected to stock up on inventory or subscribe to monthly purchases. But in MLM, incentivized purchases (required to participate in commissions and/or advancement) are merely disguised or laundered investments in a pyramid scheme.

  3. w w w . 2 a g e n d a . c o m / i n d e x ? r e f = 5

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  4. Network marketing is indeed the way to go today. More people need to be educated on what it is and the benefits of working in the profession. Great jog and keep up the good work!

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  16. Network marketing is a great way to become self employed and a great way for companies to market their products to the masses

  17. Alright

    I just saw What Is Network Marketing | Network Marketing Works!, I really wanted you to know I thought it was a wonderful video, it's interesting the amount of comments you've gotten. Nice one for posting. I look forward to the next video.

    Rob Summers
    Mar 29, 2014 03:01:39

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