What Is Network Marketing and Why Should You Do It
By: Lori Giffey
Submitted: 2010-10-25 10:01:21 | Word Count: 727
Ok, picture this someone has just shown you a business and you are wondering, should I get involved or shouldn't I. They have told you of the massive wealth you could build with a residual income if you follow the plan and do the work, but you have heard rumors of how this sort of thing is illegal and called a pyramid. Read on to find the difference and why you are being handed the opportunity of your lifetime.
First let me tell you network marketing is dependant on your personal relationships with friends, family, co-workers, and others that you come incontact with everyday. Not always termed network marketing you may also see the labels of referral marketing, direct sales, home based business, mlm or multi-level marketing, or netoworking. What ever it is called it is based on the relationships you have now and the ones you will be constantly building. Networking is all about connecting with people to help each other benefit personally and economically.
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Here are some facts from the Direct Selling Association's research, sales figures in for 2009 reveal 16.1 million people are invloved in the direct sellin industry in the U.S. alone with over 63 million world wide and the sales total in the U.S. 28.33 billion dollars show that last year the direct selling industry out performed the overall retail industy. The timing is perfect with the weakest economy in 70 years many are looking to boost their income or replace an income that they no longer have due to job cuts and layoffs. Don't you want to have more control over your income? Is your job as secure as you thought? Take a closer look at starting your own home based business and taking over the control of you income.
Once in a while you will come across people who do not have the understanding and information about direct selling and refer to it as a pyramid. In a pyramid you buy participation into a program without having a real product and the money will run out. In a network market or direct selling opportunity which is a growing industry every year you can start a business with low start up costs have a professionally developed sales system, legitimate and quality products, with the backing of knowledgeable and reputable people to help you create your own home based business.
Not everyone will recognise or understand the potential of this type of business, most will be unwilling to beleive in you, your company, and themselves enough to take advantage of owning their own business. Look to Donald Trump, Warren Buffet, and Robert Kiyosaki to know that this powerful system works if you work at it. The real potential to build your business has taken off in the past few years as the internet and social media has opened the lines of communication with people looking for a home based business of their own. Online you now have prescreened the people who have an interest in making a better income or improving their lives. These people want to build an organization and be rewarded for their accomplishments.
Look to the potential for geometric growth to see what can happen every time you introduce a new repesentative. Remember the growth examples are shown with exact numbers when in real life some will build big and let's face it some will not build at all. Everyones success is dependant upon a lot of people staying consistent and building the tiered system so the support you can give and recieve can help you tap into the powerful leverage of network marketing.
Duplication is the key to success so with a combination of online and off line connections you can start to build your own home based business today and create wealth for yourself and others. Click the following link to tap into the powerful leverage of the network marketing industry and the vast numbers of people taking advantage of connecting on the internet.
Author Resource:-
Lori Giffey is an online marketing coach and mlm business owner who is looking forward to helping you to reach your true earning potential. Click the link NETWORK MARKETING to get the facts and start earning today.
