Network marketing opportunities that work not only exist, but are also doing quite well for themselves and their representatives. Some people will no doubt scoff at the notion. Its understandable considering the number of businesses that pose as reputable top notch network marketing opportunities.
To give you a better idea of what network marketing is and what it isnt, lets look at some of the basics of network marketing. Network marketing isnt an industry in and of itself. Its a method of distribution for various products and services.
Network marketing organizations rely on their representatives to promote and sell the company product or service. This saves the company the huge expense of marketing themselves.
Also, because network marketing allows reps to recruit and train their own sales team, they receive a portion of the revenue generated by their sales team.
When most people hear the terms network marketing or multi-level marketing, they tend to immediately think oh no! Not another pyramid scheme. Its good to have a basic understanding of the fundamental difference between the two.
Point blank, pyramid schemes are illegal. Besides that however, pyramid schemes dont rely on the sale of a product or service. Instead, these organizations focus heavily on recruiting and provide give little or no value to the new recruit aside for the promise of big bucks.
So, if the business opportunity youre looking at doesnt have a clearly defined product or service, or relies heavily on fancy recruiting systems to do all the work for you, its most likely an just another attempt to dazzle you with lots of hype.
Believe me, I speak from personal experience. Everything that glitters, aint gold. Use good judgment, and be sure to do the proper background research before you spend your hard earn money on a potential business opportunity.
Network marketing opportunities are a legitimate means to provide some additional income at low cost and limited risk.
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