The mistake some network marketers make is that they do not consider the advantages of network marketing online.
I encourage you to review this information, particularly if growing your business “fast and to last” is your goal.
I. What is Network Marketing Online?
Network marketing online involves using the internet to grow a network marketing business.
Wikipedia defines network marketing as a “marketing structure used by some companies as part of their overall marketing strategy…The structure is designed to create a marketing and sales force by compensating promoters of company products not only for sales they personally generate, but also for the sales of other promoters they introduce to the company, creating a down-line of distributors and a hierarchy of multiple levels of compensation in the form of a pyramid…The products and company are usually marketed directly to consumers and potential business partners by means of relationship referrals and word of mouth marketing.”
It means using the home business marketing strategies to grow your business.
II. Advantages of Network Marketing Online
The advantages include, but are not limited to:
1. It is perfect for people who do not want to start a business from “scratch.” There are so many aspects of running a business that you would have to consider for offline business, like billing and product delivery. This is not necessary with networking online.
2. It is regarded by some millionaires as the ultimate online home based business where average people can generate extraordinary incomes. It really doesn’t require any special skills, and if you pick the right company or team, they will give you the training you need.
3. You can get started part-time and for very little financial investment. The investment needed to get an offline business started can be quite substantial. In most MLM, the financial investment is minimal.
4. You can use the awesome power of the Internet to easily grow your business. However, there is a right way to do this.
III. Key Points to Consider When Evaluating a Network Marketing Online Opportunity
Here are key points to consider:
a. It is a faster way to build residual income than ever before, and it works better today than it did years ago–we have the Internet!
b. The company does matter, and so does the timing! Consider the key trends impacting the business. Online networking is better than ever before!
c. The system is the key — then duplication! Be sure a marketing system is in place to help grow your business fast.
d. You can make a lot of money fast with the right system, the right training and the right company!
One of the important things to remember is that you must never quit if you want success. Also, if you want quick success, you must put in massive action. This requires that your motivators (or reasons “why”) be rock-solid.
So when you pierce the million-dollar-a-year ceiling and become that marketing superstar, think of what your life will be like. What kind of lifestyle will you have? What type of people will you associate with?