The Network Marketing Industry

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By derekcaulfield


The Network Marketing Industry

People have pre-concieved notions of the network marketing industry/ mlm industry. Some people think it's a scam? . Others have heard so many horror stories about it that they wouldn't touch it.

This is because many confuse mlm with pyrmaid. They are very different:

  • Pyramid Sales are illegal mlm/network marketing is legal
  • With pyrmaid sales , there is no actual movement of a product/service . While in network marketing there is movement.
  • Pyrmaid Sales are designed to scam you out of your money , so you don't make money. Network marketing is a real legitamit way to make money & good money.

Network Marketing Is Easy?

Wrong!!!, The network marketing industry is not an easy industry. In fact it's a tough industry to be in. Saying that the financial rewards are there if you give it time.

I recommend to people that they do network marketing part-time. Until they build sufficent income, then if they choose go full -time . Your building a bisiness with network marketing & building a business takes time.

I can do network marketing?

Not everybody can do network marketing.. As I said it's a tough industry & you have to hold on & be tough to gain the rewards. It's like anything were're not experts at it at the start , It takes time to get good at anything , so hold on be tough and you will get the rewards.

So hold on , you will get the rewards.

Follow The Trends?

The traditional way of doing network marketing for those who hav'ent been in network mareting or know very little.

  • 3 foot rule: This in a nut shell is that anybody with in 3 foot of you is a potentiol prospect. So you talk to them & give them some information. Like a card, put them on a promotion call something like that.
  • Warm Market: This is when you push your oppturnity or your family/friends. I never recommend this tyo people it can destryo relationships with family friends.
  • Cold Market : This would be considered strangers basicly.
  • Cold Calling: This is when you buy a list. You would then call up that list , then you put the people on that list through a process and some of them will join your business.
  • PBR/ Travel party: This is called different things in different company's . All it is really is you invite people over to your house to show them a presentation of your oppturnity/service .

Thats the old model , I use more modern methods which are more effective. Used properly you can get full-time results from part-time work. Now with the newer model , it takes work at the start and theres a learning curve but all it is is proper marketing.

You're using real marketing , thats why I say follow the trends use more 21st century ways . You'll get better results but you will have to be willing to learn something new.

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billionbound profile image

billionbound  says:
2 months ago

Hi Derek,

Great information. And I have learned that follwing the trends is a good thing. Because if you don't by the time you get caught up some else new is here. So great poing there keep up the good work.

Joshua

The How To Hub profile image

The How To Hub  says:
2 months ago

Nice one Derek - like the tips and agree with your advice to use real marketing techniques. Network marketing is growing up : )

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