2. In network marketing, the goal of
the entrepreneur is to create a
downline of individuals that are
essentially doing exactly the same
thing. They are marketing a
business model, and the dream of
financial independence, to all of
those that they recruit into the
business.
The beauty of this particular
business model is that all of the
efforts of the individuals that you
bring into the business will
inevitably help you earn more
money, and these individuals will
also help build your business as
well.
There are many reasons that
MLM companies are
profitable, but the only ones
that have longevity are the
that focus upon products that
must be renewed.
In this article, we will discuss
why network marketing
works, and what to stay away
from when trying to establish
a long-term income using
MLM companies that are
available today.
3. If you have ever read reports on
network marketing companies that
are successful, there is one thing
that they all have in common. Each
of them focuses upon business
models that require the purchase of
products that can be consumed, or
that must be repurchased because
they will inevitably run out.
Examples of this would be vitamins,
cosmetics, and different types of
consumables that require the user
to get more each and every month
Just as you go to the local
grocery store to get food and
supplies each and every week,
MLM companies built upon this
particular model are the ones
that are here to stay.
They are also the ones that will
be the most profitable for those
that work the business.
4. There are different types of MLM companies. The ones that
usually fail ask you to purchase products that you really don't
need. Even though companies that sell magnetic products have
been very popular as of late, these are not consumable items,
and the likelihood that you will need more of them the
following month is very poor indeed. Other companies focus
upon monthly residual payments for virtually useless items like
magazine subscriptions, or they simply call them monthly fees.
These types of companies are doomed to fail because they are
not based upon consumable products, things that people need
to have month after month.
5. One of the reasons why network marketing companies
continue to expand and grow is that the economy is not what
it used to be. People all over the world are looking for new
sources of reliable income just to pay their bills. So if you
introduce an MLM company that merely requires the
purchase of consumable products that the company produces,
this is very little money out of the pocket of those that join,
allowing them to stay focused on building the company, and
not worrying about an extra monthly payment.
6. Most MLM companies that succeed for decades use the
consumable angle. They understand that people have to eat,
use makeup, and purchase vitamins on a regular basis. As long
as this is the focus of the network marketing company that
you want to work with, you will more than likely have success
as long as you stick with it and continue to build a downline
now and in the future.