Username:   Remember Me
Password:  

Uber Articles {Über (ger) adj. above, beyond }

- Above and Beyond a Mere Article Directory

 
 

What Is Network Marketing?

By Douglas Blackley

Wikipedia definition: network marketing is a way of doing business in which a sales force earns a commission not only for sales of products and services they personally generate, but also for the sales of others they recruit and bring into the business, which creates a downline of distributors and a hierarchy of multiple leveraged levels of compensation.

The definition is pretty simple. Each individual produces revenue on the sales of goods or services. Recruiting additional people to sell the goods or services also produces revenue. You get paid not only on what you sell, but what recruits sell as well. This results in a network of 2 or more people engaged in selling the same goods or services. So, you are engaging in network marketing.

Companies who participate in network marketing generate compensation plans based on the hierarchy of their systems. Some are so complex its almost impossible to understand. Others are simplistic and straightforward so the ORP (ordinary, reasonable, and prudent) person can understand them.

Before joining a network marketing company you must do your due diligence regarding the compensation plan. Many companies require you to buy a certain level of goods or services each month to remain a member. You need to be able to determine how much money you’ll have to spend before you start receiving income. Otherwise, you could find yourself invested so far that you can’t continue the business. There are many people who experience this situation every year.

Skills in sales and marketing are required to succeed in a network marketing environment. Most newbies have no experience in these areas and are dependent on their new company to provide the training they need to succeed. Unfortunately, most companies don’t provode training geared to teaching sales and marketing skills. Therefore the new member becomes frustrated and disgruntled and usually just drops out.

You have to ask yourself if you have the skills necessary to succeed at this new business as well as the financial resources necessary. Lack of skill can be just as devastating if not more so than financial failure.

Network marketing is a successful business model and has created more wealth than any other single industry. It provides lots of flexibility, creates teamwork, increases self esteem and is highly profitable. Great psychological income comes from helping others achieve success.

Dedication and perseverance are required to build a successful network marketing company. “Get rich quick schemes” are short lived. It is possible to build a successful network marketing business and to enjoy the great rewards possible.

I wish you the best of success should you pursue a future in network marketing.

Best regards,

Doug

Looking to find the best deal on network marketing, then visit www.example.com to find the best advice on internet marketing for you.

Article kindly provided by UberArticles.com

Topics: MLM | Comments Off

Tags: , , , , , , , ,


Article Citation
MLA Style Citation:
Blackley, Douglas "What Is Network Marketing?." What Is Network Marketing?. 15 Apr. 2014. uberarticles.com. 29 Jul 2014 <http://uberarticles.com/business/mlm/what-is-network-marketing-6/>.

APA Style Citation:
Blackley, D (2014, April 15). What Is Network Marketing?. Retrieved July 29, 2014, from http://uberarticles.com/business/mlm/what-is-network-marketing-6/

Chicago Style Citation:
Blackley, Douglas "What Is Network Marketing?" uberarticles.com. http://uberarticles.com/business/mlm/what-is-network-marketing-6/


Reprint Rights

Creative Commons License
This article is subject to a revocable license under a Creative Commons Attribution-No Derivative Works 3.0 Unported License, which means you may freely reprint it, in its entirety, provided you include the author's resource box along with LIVE VISIBLE links (without "nofollow" tags). We may revoke the license at any time with or without cause. You must also include the credit to UberArticles.com.

Comments are closed.

Disclaimer
Uber Articles and its partner sites cannot be held responsible for either the content nor the originality of any articles. If you believe the article has been stolen from you without your permission, please contact us and we will remove it immediately. If you have a problem with the accuracy or otherwise of the content of an article, please contact the author, not us! Also, please remember that any opinions and ideas presented in any of the articles are those of the author and cannot be taken to represent the opinions of Uber Articles. All articles are provided for informational purposes only. None of them should be relied upon for medical, psychological, financial, legal, or other professional advice. If you need professional advice, see a professional. We cannot be held responsible for any use or misuse you make of the articles, nor can we be held responsible for any claims for earnings, cures, or other results that the article might make.
  • RSS Feed

    RSS for MLM