All about Network Markting

A Journey towards Time and Money freedom...

- Network Marketing !

Network Marketing (NM) - A buzzing term now a days which one can hear every now and then. As every other trend setting concept and idea shaping the world, people has misconception about NM too! There are lots of myth about this industry but at the same time we cannot deny the fact that this industry is creating more 'Millionaires' than the traditional business/entrepreneurship and most interestingly - in a much shorter span of time with NO risk at all !
I have been part of this industry for over an year and has seen it from very close. Based on my experience, I would like to share my understanding and potential of this industry which can help the youth and upcoming 'entrepreneurs' to take a life changing DECISION !
When I started NM, I had many presumptions about this industry (which I am sure many of my friends reading this blog have too!). We are brought up in society where Negatives spread faster and we make excuses and find our comfort zone based on those beliefs. Interestingly, these perceptions are shared by people who hardly have any idea or expertise on that field.
So, I would request my readers to empty their mind and continue reading in 'seeking mode'. Try to understand the concept of this industry. Remember, many people are part of this industry and living much luxurious life than most of us.
Lets get some insight of this - Industry of the Future !

Definition:

A business model in which a distributor network is needed to build the business. Usually such businesses are also multilevel marketing in nature in that payouts occur at more than one level. .

Network marketing is a type of business opportunity that is very popular with people looking for part-time, flexible businesses. Some of the best-known companies in America, including Avon, Mary Kay Cosmetics and Tupperware, fall under the network marketing umbrella.

Network marketing programs feature a low upfront investment–usually only a few hundred dollars for the purchase of a product sample kit–and the opportunity to sell a product line directly to friend, family and other personal contacts. Most network marketing programs also ask participants to recruit other sales representatives. The recruits constitute a rep’s “downline,” and their sales generate income for those above them in the program.

Things can get sticky when a network marketing network compensates participants primarily for recruiting others rather than for selling the company’s products or services. A network marketing system in which most of the revenue comes from recruitment may be considered an illegal pyramid scheme.

Since network marketing programs are usually exempt from business opportunity regulation and aren’t defined as franchises under state and federal franchise laws, you’ll need to do your own investigation before investing any money.