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 they are employees of the company, when in reality they are independent business owners!
Why
are companies willing to pay you to market for them?
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 recognize by their brand
name!
The
products and services you can market today cover everything from Communication Services,
Internet Access, Nutritional Products, Weight Loss Programs, Water Filtration
Systems, Financial Programs, Electrical Power, Solar Power, just to name a few.
So
why do they need us? Traditional marketing methods have companies spending
millions of dollars each year to market their products and services.
They
know that word-of-mouth marketing is a 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.
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 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!
Thank you for Reading! Kindly Leave a Comment...
Thank you for Reading! Kindly Leave a Comment...
Comments
Post a Comment