What Network Marketing Is

4. Some US network marketing companies are also on the new work stock exchange and fortune’s list of 100 fastest growing companies. Avon, Shaklee, A.L. Williams (new prime Rica), and mary kay cosmetics.

5. In network marketing, you own your own business you are the boss.

6. In network marketing you a volunteer. You’re under on obligation to do anything.

7. In network marketing you are typically begin your business for as little as twenty dollars and up to a few hundred dollars. This money goes towards a distributor kit, sales support material and finial product inventory. And most, If not all, of your investment is usually guaranteed..

8. Network marketing is a professional career opportunity. Because so many people are involved init part-time, you might thing it’s kind of money-making hobby. However, one look at the number of professionals and white-color men and women entering the industry will change your opinion, we’ll talk more about this later, too!

What Network Marketing Is

The following is a laundry list of had and soft facts about network marketing.

1. Network marketing IS open to everyone of legal age-regardless of sex, diction, race, religion, business experience, social standing, past successes or failures.

2. Network Marketing is a legal and ethical business structure. It is recognize in Canada, the United Kingdom, Australia, Germany, Japan, Malaysia and many other countries throughout the world. In the unite, states, it is recognized and regulated by the federal trade commission (FTC), the IRS, and other state and federal agencies.

3. Although on precise figures exist (because most companies in the industry are privately held and age not required to publish their financial statements), experts believe network marketing IS currently at level of approximately $15to $ 25 billion in annual sales. If you include direct salsas companies who market their products or services through network marketing divisions or subsidiaries that figure could top $ 50 billions, some of these companies include Colgate-Palmolive, Gillette, MCI and US sprint. 

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What Network Marketing Is Not

1. Network Marketing is not an illegal “pyramid scam” It is not a chain latter or legal lottery where people make money by recruiting others to join in the game. Network marketers are paid only on the distribution of valuable products or services.

2. Network Marketing is not a “get-rich-quick” business. Although fast money has happened for a few in dividable, they are rare exceptions, not the rule. But of you drop the “Quick” and call it a “get-rich” business, that’s another matter.

3. Network Marketing IS NOT just professional sales people of the countless success stories in the industry, most have come from individuals with no sales backgrounds and little or inexperience.

4. Network Marketing IN NOT a full-time commitment. Nearly ninety percent of the men and women is this industry works their business part-time.

5. Network Marketing IS NOT for men only. Actually, the majority of active, successful people in this industry are women. I’ll invest more time on this fascinating fact a little later.

Unfortunately, network marketing is misunderstood by most of the general people. There are those who have had an unfortunate experience of one kind or another. Others, because of what they‘ve heard, think it’s an “Illegal pyramid”