What Is Network Marketing?
- Thread starter Rafpuf
- Start date
RevGlue
Registered Member
- Aug 4, 2021
- 78
- 28
Network marketing is a business model that depends on person-to-person sales by independent representatives, often working from home. A network marketing business may require you to build a network of business partners or salespeople to assist with lead generation and closing sales.
stepdub
Supreme Member
- Dec 25, 2016
- 1,309
- 1,422
It's the quickest way to turn friends and family into enemies.
Salgueiro
Junior Member
- Mar 15, 2015
- 146
- 28
Network marketing is a Work you do on the Internet.
Forget Family & Friends...
Create a new social media profile (separate personal and business)
use the internet for selling and recruiting.
When you became sucessfull... your friend and family will ask what you have done, and how can you help them.
Don't beg, be professional.
Forget Family & Friends...
Create a new social media profile (separate personal and business)
use the internet for selling and recruiting.
When you became sucessfull... your friend and family will ask what you have done, and how can you help them.
Don't beg, be professional.
VortexAlpha
Senior Member
- Sep 13, 2021
- 1,053
- 267
The simplest way to say it, network marketing is a general method of marketing that relies on individuals harnessing their personal networks to grow a business or sell a product. These networks are usually being used to generate leads and recruit new partners. Affiliate marketing is one of the types of network marketing.
KeenCreator
Regular Member
- Dec 1, 2017
- 301
- 178
Easiest way to own BMW in one month. I mean that's what they say.
AlexAkimbo
Power Member
- Nov 16, 2021
- 782
- 1,073
There is no spoon mate. Someone already gave you a hint in posts above. Research. build, connect, sell, rinse, repeat...
The product launchers in Jvzoo, Warrior plus, affiliate networks like Offervault etc use network marketing !!
wooderson197
Registered Member
- Feb 3, 2020
- 59
- 23
Network marketing also referred to as multi-level marketing aka pyramid scheme.
You basically try to sell to people you know (friends and family) which is pretty unappealing if you ask me because most of the times it's awkward,...you're selling a product they don't necessarily need or they might feel bad and purchase a product for you just to support your business but this will never turn into repeat sales.
People don't really like feeling pressured to buy anything....you may not verbally pressure them ...but you just being their friend or family member, they feel bad to say no and therefore feel pressured.
And eventually you'll run out of people you know so you got to find more suckers. But then you just come across as someone who's being friendly in order to sell people something so people would avoid you the same way they avoid charity fundraisers in the street.
So you end up just ruining your network of legitimate friends, family, contacts.
To make a business successful over a long period, you need to get orders from strangers who genuinely want to buy your product and repeat sales too.
Don't get me wrong there are occasions where network marketing can work..maybe you have a genuine product that is a revelation and all your friends and family are queuing up to purchase it rather than just doing it to support you and avoid the awkwardness of saying no.
There's tons of guides out there on Google on Youtube....but there's probably even more fake gurus as well. The network marketing industry is very closely associated with those kind of Get Rich Quick schemes or Life Coaches etc.
You basically try to sell to people you know (friends and family) which is pretty unappealing if you ask me because most of the times it's awkward,...you're selling a product they don't necessarily need or they might feel bad and purchase a product for you just to support your business but this will never turn into repeat sales.
People don't really like feeling pressured to buy anything....you may not verbally pressure them ...but you just being their friend or family member, they feel bad to say no and therefore feel pressured.
And eventually you'll run out of people you know so you got to find more suckers. But then you just come across as someone who's being friendly in order to sell people something so people would avoid you the same way they avoid charity fundraisers in the street.
So you end up just ruining your network of legitimate friends, family, contacts.
To make a business successful over a long period, you need to get orders from strangers who genuinely want to buy your product and repeat sales too.
Don't get me wrong there are occasions where network marketing can work..maybe you have a genuine product that is a revelation and all your friends and family are queuing up to purchase it rather than just doing it to support you and avoid the awkwardness of saying no.
There's tons of guides out there on Google on Youtube....but there's probably even more fake gurus as well. The network marketing industry is very closely associated with those kind of Get Rich Quick schemes or Life Coaches etc.
WithdrawFastPP
Registered Member
- Feb 28, 2022
- 60
- 17
Let me tell you one thing, Network marketing business model has become one of the largest business industries in the world, therefore there is the biggest potential to make really good money. Some people mentioned the product and it's benefits, I would say that if u choose some lame weight loss product for example some magic tea that will help cut 30 KG in 3 months you still can sell it BUT you won't be able to maintain your network. This business model is one of the BIGGEST opportunities in 21 century period.
- Nov 29, 2008
- 9,209
- 4,789
Network marketing is defined in many different ways.
Offline, it's often confused with multi-level marketing.
You don't want to be confused with MLM because MLM has a bad reputation.
When people hear the term multi-level marketing, they start thinking of Ponzi schemes or some similar scam.
You really can't blame them because a lot of people who pass themselves off as network marketers ended up scamming a lot of people.
And the worst part is, now when you engage in network marketing, at least in the offline version, you end up exploiting your personal networks.
These are friends and relatives and friends of friends.
It can get messy really quickly.
I'm assuming what you mean by network marketing involves online marketing.
Well, if this is the case, then it's really all about using social media platforms to connect with people you know and have some sort of credibility and marketing to them.
The best methods for legit network marketing online is not to just drop link after link and spam the hell out of people.
That's not marketing.
If you want to really leverage your network, you have to put in the time.
You have to actually be friends with people and understand what they're looking for.
And one way to do this is to pay attention to what they post.
If a friend of yours just started on the keto diet and he is showing off his meal plan and the weight that he's lost, he's telling you how he'd like to be marketed to.
He's obviously interested in things that are related to weight loss and the lifestyle that comes with it. Maybe he's looking for new clothing, specialty footwear, or a supplement.
Another way you can network market based on the content that people post involves financial information.
When somebody is posting that they're getting into day trading or they're looking into crypto and forex, use that information to give them free information that would benefit them.
That's how you market.
You don't just say, "Here, buy this."
People are not going to care about what you know before they know that you care.
So share resources with them, build trust, share in their journey, and then direct them to offers that will give you a commission.
Does this take a lot of time? You bet it does.
But since these are people you already know and they're already within your network, the more time and focus you put into crafting specific solutions for these people, the higher the chance you will generate a sale.
Now, of course, you still have to factor in return on effort.
Make sure that whatever programs that you're promoting pay a high enough commission so that your investment of time and focus in the needs of the people you know are more than paid off.
Offline, it's often confused with multi-level marketing.
You don't want to be confused with MLM because MLM has a bad reputation.
When people hear the term multi-level marketing, they start thinking of Ponzi schemes or some similar scam.
You really can't blame them because a lot of people who pass themselves off as network marketers ended up scamming a lot of people.
And the worst part is, now when you engage in network marketing, at least in the offline version, you end up exploiting your personal networks.
These are friends and relatives and friends of friends.
It can get messy really quickly.
I'm assuming what you mean by network marketing involves online marketing.
Well, if this is the case, then it's really all about using social media platforms to connect with people you know and have some sort of credibility and marketing to them.
The best methods for legit network marketing online is not to just drop link after link and spam the hell out of people.
That's not marketing.
If you want to really leverage your network, you have to put in the time.
You have to actually be friends with people and understand what they're looking for.
And one way to do this is to pay attention to what they post.
If a friend of yours just started on the keto diet and he is showing off his meal plan and the weight that he's lost, he's telling you how he'd like to be marketed to.
He's obviously interested in things that are related to weight loss and the lifestyle that comes with it. Maybe he's looking for new clothing, specialty footwear, or a supplement.
Another way you can network market based on the content that people post involves financial information.
When somebody is posting that they're getting into day trading or they're looking into crypto and forex, use that information to give them free information that would benefit them.
That's how you market.
You don't just say, "Here, buy this."
People are not going to care about what you know before they know that you care.
So share resources with them, build trust, share in their journey, and then direct them to offers that will give you a commission.
Does this take a lot of time? You bet it does.
But since these are people you already know and they're already within your network, the more time and focus you put into crafting specific solutions for these people, the higher the chance you will generate a sale.
Now, of course, you still have to factor in return on effort.
Make sure that whatever programs that you're promoting pay a high enough commission so that your investment of time and focus in the needs of the people you know are more than paid off.