Network Marketing is a very popular way to set up a business, and then offer a chance for the average person to become part of that company and earn an income.
I once saw an interview of Donald Trump who said if he had a chance to do it over, he would start a network marketing company.
This review is not so much about any specific Network Marketing company but more the basics of how these can work for you.
My #1 program for some 19 months now is Global Domains International Inc. aka GDI. It uses a network marketing compensation structure.
Many people use the terms MLM (multi level marketing) and Network Marketing interchangeably.
Many also think incorrectly that MLM or Network marketing is a “pyramid scheme” or a “ponzi scheme”. Well, you can look up the definitions of those terms at Wikipedia. Our focus here is to show you how this form of marketing can be one way to earn a huge income…in a few years of your efforts to recruit and teach your downline.
The idea in MLM is you get a down-line of many hundreds or thousands of affiliates below you (your team) and they all earn income from their sales. Then you earn a percentage of their sales volume.
A lot of people never were able to recruit even one person into their MLM business, and this is why the business model gets a bad name. People thinking they all are just some pyramid scheme.
The fact is, most programs tell us to recruit friends and family, which never works well for most. Then most people that fail think only the members that got in early will make all the money- because they are at the top of the so called pyramid. That is basically not accurate.
MLM’s are designed to assure that this can’t happen, as there are laws that make sure this isn’t the case.
Yes, some at the top of the downline will earn a lot, but the pay plans often limit the amount they can earn and they may only earn i.e. 5 levels down (deep). This avoids the accusations that the guy at the top earns all the money plus it helps assure everyone works to build their downline since they get paid only so many levels deep.
Doesn’t seem that much like a pyramid anymore does it?
Network marketing companies offer the average person with minimal finances an opportunity to start a home based business with very little money, even $10 a month in come cases. They can then build that income up over months to years based on their work ethic and drive to see results.
Nothing online is “get rich quick”. Notice we said “months to years” of building your business.
The key to success in these companies is having a system that anyone can easily DUPLICATE what you do to make sales, then a strong sponsor and leadership from your teams upline.
I have a system in my program that has taken total brand new people and allowed them to make their first online sales.I have seen that grow 5 levels deep into my group ( DUPLICATION) and I can assure you my income is totally based on my work ethic and my efforts to help my team grow their business. I can also say I have some leaders below me that have
grown their incomes to what mine is, so that should toss out the pyramid thoughts.
I will say this: you do need to have the right system to see easy duplication. Most of us are not salespeople so having a website that does a lot of this work will boost your chances of seeing the average person become a fluent online marketer.
Our top program information is here, and we encourage you to take it for a test drive to
see how we earn multiple residual incomes and offer FREE support to anyone thats simply
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Network Marketing or MLM is a great business if you are willing to follow simple directions and copy your way to success!