Home » Business » Network Marketing

Jekyll And Hyde Of Network Marketing

Dec 25, 2007
Everyone wants to get rich quick and most think the easiest way to do it is through a marketing network, or multi level marketing. These people are confused with the pyramid schemes, however. Pyramid schemes wind you up to thinking that you can make upwards of about ten thousand dollars a month within three months. These are the schemes where you hardly see any profit and you never know what your product is, because a lot of times there is not one. Unfortunately, because of this falsity, network marketing has gotten a nasty reputation due to the fact that they are somewhat similar in nature. Honestly, the only thing that makes the two alike is the fact that they are both networks. Network marketing is begun with an idea, a product, and the person who began said idea gets a few friends involved and they help sell the product then they get friends involved and so on and so forth until the product itself is so big and popular that everyone makes money off of it. This is not a project that will make people millionaires in an instant, but it is great for supplemental income.

In all actuality, marketing networks are along the same lines of franchises which also got a bad reputation in the fifties when they first came around. Look at all the hamburger joints around today, though. Actually, the make up that is being sold by the ladies who drive a pink Cadillac work for network markets. The parties that are held for plastic storage containers that everyone tends to use are part of network markets. Believe it or not, those cute little girls in green who sell you cookies each fall are also part of network markets. That is right; fundraising is a major player in the network market system. When an organization signs up with the company to sell their products in order to make a small profit for them, they become part of the network. The company that is providing the products just hikes up the prices and they in turn make a small profit after donating a portion of the proceeds.

Network markets are widely spread - throughout all fifty states and over one hundred countries. Some new businesses appeal to people because they are able to work from home, work part time, and choose the hours that they want. Be wary of those that advertise pay is higher for recruitment than for the sale of the product itself; you would never make any money. Some network markets have even been compared to cults since many have intense motivational programs. One way to see if the company is legit is to check its seventy percent rule: the company must sell that much of their existing inventory before ordering more. The main thing to remember is that network marketing is about the product, not just its sale and the employees' profits. Check with the better business bureau and FTC before you invest time and money.
About the Author
Dustin Cannon, of Next Level Enterprises, LLC is a successful Internet marketer working with top leaders in the home business and Internet marketing industry. For more information visit: CoOP For Wealthy Marketer
Please Rate:
(Average: Not rated)
Views: 318
Print Email Share
Article Categories