Once, at one of the speeches, Donald Trump was asked: what would you do now if you started everything from scratch? The future 45th president replied that he would find a good network company and succeed in it.
Trump will not advise bad, so we decided to talk about what the network business is like today, in the era of the Internet. You can still make money there, you just need to know how..
What is network marketing and how does it work
Network marketing (or MLM, Multi Level Marketing, "multi-level sales") is a type of sales where there is no structure with suppliers and retail stores familiar to retail. In simple terms, network marketing is direct sales, when a product is sold on the recommendation of acquaintances, relatives, friends and buddies.
Members of the network are divided into levels - from the highest to the lowest. The bottom cell is ordinary sellers distributing goods among their surroundings. The leader or "mentor" of the cell is a higher level. He receives a percentage of each cell member's sales and a percentage of his own sales. Even higher is another mentor who receives a percentage from the participants of the lower levels. At the very top of the network is the manufacturer.
An important point: any seller can move to a higher level. To do this, he needs to reach a certain volume of sales (it is different for different companies) and attract a certain number of new distributors to the structure. Probably, it was precisely this success that Donald Trump spoke about at the speech we wrote about at the beginning.
What is affiliate marketing and how to use it
Network marketing in numbers, perspectives
If you still think that MLM sales are a relic of the past that remained at the beginning of the 2000s, then you are greatly mistaken. The World Federation of Direct Selling Associates (WFDSA) reports that the network sales market is not only not stagnating, but is growing at 1.5-2% annually. The annual turnover of companies that work according to the MLM model is almost $ 200 billion and is constantly increasing.
Pros and Cons of Network Marketing
We list the main pros and cons of this type of business.
Low entry threshold. For example, to become an Avon representative, 1,500 rubles is enough.
Free schedule. You can do sales in your free time. That is why MLM is often perceived as a side job and additional income.
Ability to scale and move to higher levels. Well, satisfied with the income - please look for distributors among your friends, create your own distribution cells and get your percentage.
Opportunity to upgrade or gain sales skills and techniques. Persuading, persuading and motivating to buy is a cool skill that can be used in the future. We conduct free training events and trainings for our partners.
Relative ease of doing business. You do not need to open a company, buy an online cash register and do many other complicated things.
Possibility to buy goods for own use with good discounts.
Low income at the start, if you do not have an established audience and are not ready to act quickly
As in any business, there are no guarantees that things will work out. On the other hand, there are no financial risks.
Sales plans are controlled by you, you motivate yourself.
Great freedom, for which not everyone is ready.
How to make money with network marketing
So, you have decided to fit into the theme and want to start doing network marketing.
Here is what it will look like step by step.
Leave a request and we will contact you. We answer all questions, introduce the company. We help you complete the registration process. We create a personal account on the official website.
We meet with you online or offline. We draw up a rough sales strategy. We deal with marketing, the system and tools of work, etc. You should understand in general terms how to promote products and your business.
We buy a test batch of goods and start selling in accordance with the developed strategy.
We move up the steps, increasing the level and status of the representative. Our training system allows you to earn in the first month.
We supervise you at all stages of work and help you achieve your goals.