Definition: Network marketing is a business module in which we need a distributor network to make a business.
These kinds of businesses also known as MLM (multi-level marketing) in which you get the payout at more than one level.
It is the well-thought philosophical scientific process of marketing goods and services.
There are thousands of ways to sell a product just like that Network Marketing is also another way of selling a product.
In this kind of marketing, we need less investment to buy sample kit and rest of the work is done when you refer your friends and family members, none of the businesses promises to payout which is equal to investment or more than that but this kind of marketing will transform into a better you, Thus this kind of marketing helps you to evolve your mindset the training of this marketing system will develop your mind, no hardcore science or maths it’s all about the lesson of life that how you bounce back the negativity power into positive one.
Why multi-level marketing (Network Marketing) has a negative image?
It might be of some fraud companies which creates negative mindsets of the people or there are some unsuccessful leaders who do negative marketing of such companies.
Some of the scandals are: speak Asia and shardha scam
Also read: Pros and cons of Network marketing
How to Choose the Company?
Now you might be thinking how should we judge a company, look for the main factor in the company ie.
People and Philosophy.
I mean people’s culture should be good, the main focus of the company should not be profit-making only they should have a binding vision and a good training methodology.
Second, The Product or services
The company should provide Product or services it should not insist you to bring more and more customer to be the part of the chain.
The product or services should have (quality):
2) adaptive in nature
3) Fulfils the needs of the consumers
5) Recurring usage
Third and the last thing is Plan and profit and payout.
At last for what we are up to is the payout and profit, it should be regular so it can be weekly or monthly or yearly so if you are willing to invest in the network marketing then your age, sex, the cast won’t matters at all.
Network Marketing is the power of compounding
“Compound interest is the eighth wonder of the world.” – Albert Einstein
The Person who understands it will earn it … the person who doesn’t … pays it. Compound interest is the most powerful force in the universe.
Now talking about Difference b/w Network marketing and jobs/business.
Network marketing includes continuous hard work and compounding results, whereas jobs/business includes hard work but no compound results. Network Marketing has No salary but has High motivation.
Rest It’s completely your choice in which company you choose for the investment, after all, it’s all about your money and time.
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