Why Consider Network Marketing As Our Home-Based Business?

Posted on May 24, 2019 in Uncategorized

We are not asking that anyone get involved in network marketing and change everything immediately. We are however, suggesting that people consider the addition of the right home-based Network Marketing business starting their journey of financial success in a different direction. Having a home-based business is not a new concept. Network Marketing is not a new concept. Having a home-based Network Marketing business is not a new concept. However, never in the history of our country has the concept been so prevalent and is fast becoming the norm rather than the exception!

The reason is very simple. Our concept is providing American’s with what they want; control of their time and financial opportunities proportionate to their abilities and effort.

With the right home-based Network Marketing business, one has all of the benefits and advantages of a home-based business and unlimited financial opportunity usually associated with a large traditional business.

Employees and Debt
Rather than having several employees working with other employees under one roof for the benefit of someone else’s company, with Network Marketing, we have a bunch of home-based business owners, working under their own roof, networking with other home-based business owners, all working for their own companies. This concept provides an incentive and opportunity of multiplication and duplication for each home-based business owner equal to or greater than that of the owners of traditional businesses with multiple employees and locations, with out all the hassles associated with traditional businesses! It requires no debt, no employees and no complicated administrative procedures. With Network Marketing, we work with and for other people and other people work with and for us.

What is Network Marketing?
When you purchase a product or service, usually over 50% of the retail cost is associated with marketing! That would be any cost associated with getting someone to buy the product plus any cost incurred once it is produced by the factory. With Network Marketing, the products are shipped directly to the consumer from the factory. Those monies normally associated with marketing are paid to several home-based Network Marketing businesses owners which had previous network marketing or internet marketing influence in the referral of the customer!

Are the products less expensive?
Most customers will not buy inferior products and there is limited benefit to paying a little less for a product on the short run. Let’s assume that you sold yourself a product, ordered it from a Network Marketing company and in return the company paid you a 50% commission or rebate. In effect you’ve saved 50% on the products you purchased. That may save you a few dollars. Although saving money is important, the concept of earning money on products that we are already buying is far more exciting.

The concept is to redistribute the marketing dollar!

Imagine having a network of thousands of customers purchasing quality products or services each month where you receive a few dollars per month for each customer! Remember, these are products or services that we are all already buying, or should be, and this is money that is normally paid to others. In essence, the simple process of referring other customers who also refer other customers to a Network Marketing company, presents an opportunity for a redistribution of the wealth to you and I, the consumer!

Traditional Marketing versus Network Marketing
A traditional company would typically have a Vice President of Marketing with several regional managers reporting directly to them. Those regional managers would recruit, hire, train and manage several area managers who, in turn, would each recruit, hire, train and manage several sales representatives. The sales representatives are then responsible for selling the company’s products or services.

Plotted on a piece of paper, the shape of the traditional organization would look like a triangle or pyramid. It’s quite obvious that the higher the level the higher the pay and that there is less room at the top for advancement. It is also evident that it is mathematically impossible for each and every sales representative or employee to rise to the top regardless of how good a job they do!

The Difference
First and foremost, Network Marketing is different. Each individual starts at exactly the same level – at the top of their own organization, has exactly the same opportunity as everyone else and is compensated in directly proportion to the activity or success that they have had an influence in generating. Secondly, one doesn’t need to be a sales person to reap the level of financial benefits normally associated with company owners, sales managers and marketers. Thirdly, in Network Marketing we work with, when and for whom we choose. And last but not least, different than in a traditional company, we only work for ourselves and those whose activity generates income for us! We may also choose to work with those which we are generating income for, because, in most cases, they don’t make money unless we do.

How does it work?
In Network Marketing, there are customers and also independent representatives who operate as a home-based business. The customers may also be independent reps. Independent reps can earn management positions if they so desire. Different than in traditional business, each independent representative is given the opportunity and responsibility of both recruiting customers and other independent representatives. Each independent representative is owner, president, and vice-president of marketing for their own home-based network Marketing business.

Network Marketing is a word of mouth business. By spreading the word, the network marketing marketer identifies others who desire to be customers and or independent representatives (home-based business owners). The independent rep helps those newly recruited independent reps build their own home based business by helping them identify other customers and independent reps who desire to own their own home based network Marketing business. In a mature organization, it is normal for there to be 50-100+ customers for each customer/independent representative that you personally refer! Through this duplication and multiplication process each home based business owner can recruit and sponsor a few customers and/or independent representatives and, as a result, generate a sizable organization of consumers and marketers.

Referring
Does this sound like a foreign and awkward activity to you? How many people have you referred to your favorite restaurant or to your favorite movie. How many more have gone because the people you told enjoyed the restaurant or movie and told someone else who went? How much did you get paid? We are all already referring customers everyday! It is just that most of us don’t get paid for it.

The question is not whether we refer customers, the question is whether we are getting paid for the activity!

In network Marketing, customer/independent reps receive an income for “marketing” the products for the company simply by referring other customers! Normally, we receive compensation through 5 – 10 generations of this duplication activity. In addition, there are usually additional performance and leaderships bonus compensation structures! Assuming an association with the right company: Network Marketing is the one of the very few processes I know of where you will earn in network marketing relation to your ability and effort with virtually unlimited potential! Although most people are looking only for a few hundred or few thousand of supplemental monthly income, I personally know, know of, or have met a substantial number of people who earn several tens of thousands of dollars per month from their home-based network Marketing business!

Choosing a Safe Business Opportunity
Once it has been determined that a home-based business is appropriate, and further determined that a home-based Network Marketing business is even more appropriate, the real difficulty is in determining which network Marketing opportunities to become involved in. Without experience in the industry, unless you’re extremely lucky, it is next to impossible to pick a winner on the first try! Unfortunately, it seems that experience in the industry is not always sufficient for the proper evaluation of a network Marketing opportunity. As is the case with traditional business, there are good opportunities and bad opportunities. As is the case with traditional business, unfortunately many people let their emotions cloud their rational judgement when it comes to evaluating a network Marketing company and/or business opportunity!

Evaluation Process
There are certain criteria which must be used rationally when one does an evaluation. Technically, these could be divided into two categories: absolutely necessary characteristics and desirable characteristics. For me, the desirable characteristics are also necessary, therefore, I will not distinguish between the two and will address them in no particular order.

Competent Company Management Team
Normally it is very difficult for us to know any more about the network Marketing company’s management team than what they tell us themselves. The evaluation of the management team only becomes an issue with a new company! If a company has been in business three to five years with a well documented and stable growth record, we really don’t need to waste our time. New network Marketing companies are starting up at a higher rate than ever before. It seems that every person who has ever been successful at network Marketing wants their own company. Surprise, running a network Marketing company is traditional business and new network Marketing companies fail at near the same rate as traditional businesses!

Age of the Company

The most common mistake made by the masses is getting emotionally tied up in the “ground floor opportunity” pitch which caters to our “greed” and the “fear of loss”! If a person is determined to get involved with a new network Marketing company, they should do so because they understand totally the market for the product(s) and the experience of the management team. Being on the ground floor is usually not best because a majority of new companies will fail. Even if the new company does succeed, there will be many adjustments and changes during the initial growth and there usually is a lack of proven marketing procedures, materials, and training support. The attrition rate is usually much higher during those first years because most individuals are not emotionally flexible enough to accept the changes and turmoil. A network Marketing company experiences four basic phases of growth and market penetration. The risk of the company failing during phase one (usually first 3-5 years) is 10-20 time greater than in phase two. Contrary to popular belief, it usually is far better to be involved with a network Marketing company after they’re entered phase two. The risk of their failure is negligible. Their success indicates that their products are acceptable and that their marketing procedures and materials work! Then, either fortunately or unfortunately, our success depends only on ourselves!

Remember, the Vehicle must never be the limiting element in our success!

No Major investment
With the right network Marketing opportunity, one should be able to start their own home-based business for hundreds of dollars, rather than the normal thousands, tens of thousands, or hundreds of thousands of dollars usually associated with other traditional businesses which have any serious financial potential!

No Inventory, No Receivables, and No Collections
I will not spend time on these. If you have ever experienced them as an owner, they need no explanation.

No Employees
Employees require a tremendous obligation from the business owner; mentally, emotionally and financially. With network Marketing, other independent distributors in our organization, while working their own home-based business, supply the same benefit to us as employees would to a traditional business. We have no payroll, no benefit overhead, no space requirement, and no management duties other than a moral obligation to help others in their business just as others will help us.

Residual Income – Persistency
Unless you have been a successful network marketer, insurance agent or marketer, author or actor, it is really difficult to understand the tremendous benefit of residual income.

Starting on a part- time basis, a sincere person or couple with desire and persistence can, within a three-to- five year period, build a meaningful residual income to last a lifetime and then some.

Building a residual income is a little like flying a big jet. It takes a significant amount of fuel to get it off the ground, but once it has reached altitude, it can throttle back and fly on a fraction of the fuel needed for takeoffs. The big difference is that a residual income can “fly” seemingly forever with a little refueling along the way. The income stream can be passed from generation to generation.

All the other benefits of network Marketing, such as control, opportunity, and flexibility are important, but Residual Income is the essence of network Marketing!

Experience has taught me that many more people propose to have Desire and Persistence than actually demonstrate it. The purpose for this communique is to identify Individuals who sincerely want more Success in their life but don’t seem to have the right Vehicle for their journey. If you are one of the few, then I invite you to investigate a home-based network Marketing business opportunity which would allow me to work with you and for you, in order that we both achieve our Success goals. If any of this makes any sense to you and you would like more information, use if for your success. If you would like a bio on my experience and qualifications, just ask. Thank you for your time, your most valuable asset!

How to Choose A Home Party Business

Posted on May 23, 2019 in Uncategorized

People love a home shopping party. In the convenience of their own home, they invite friends and family to shop without heavy crowds, noisy distractions, or inclement weather. Moms in particular appreciate the flexibility of home shopping parties. Before signing up, take time to research each company. With effort, you can choose a reputable company and make money from home with your own party plan business.

Products

Products you can sell as a work from home party business include:

  • Arts and Crafts
  • Baby Products
  • Bath and Body or Spa
  • Books for Adults and Children
  • Candles
  • Cleaning Supplies
  • Coffee or Tea
  • Food
  • Handbags or Luggage
  • Jewelry
  • Kitchen Tools
  • Organizational Aids
  • Romance or Adult toys
  • Skincare and Cosmetics
  • Toys

How to choose a product to sell

Choose home party products for which you possess passion. You will find success when you sell a product you use and love. If you do not currently use any home party products, look for consultants in your area. Consider purchasing a few items to test and inspect in your home before starting your work from home business.

Ideally, home party products should be able to sell themselves. Choose a quality product that creates continuous revenue. Customers will pay more for products that produce the promised results. Additionally, consumable products such as makeup, food, and candles produce repeat customers. Look for a unique product with a distinctive sales angle or unique characteristic.

Choose a product with a money back guarantee. Customers feel confident purchasing products from a company that guarantees their sales. This guarantee also gives customers a chance to try new products with little risk.

What to look for in a company

After you choose a product, investigate the company. Join a company with compatible philosophy, ethics, and values. For example, an animal lover would not want to sell products that are tested on animals.

Discover the sales requirements. You may be willing to sell a quota each month or perhaps you would rather enjoy more flexibility. Consider your home responsibilities, annual vacations, and seasonal obligations when deciding if you can regularly meet the quota requirements.

Sign up to sell products for a company that offers free training and free assistance. You will be your own boss, but you answer to a corporation. Be sure you will receive adequate assistance with product questions, order placement, and customer service. Ask about booking tips, recruitment help, marketing strategies, and messaging boards for consultants. Many companies offer annual conventions as training and networking support for consultants.

Understand the commission. Not only do you need to understand the earning potential, but you also need to be able to explain it to others who may also wish to sell the product. Ensure the product sustains the level of income you require. Ask about rewards, incentives, and promotions for new and veteran consultants.

Find out how much inventory you must purchase in advance. Companies may offer pre-packaged sales kits or allow you to pick which products you wish to buy.

A quality company provides quality tools to sell their products. Inspect brochures, order forms, video presentations, websites, and sample products offered. Ensure these tools are customer friendly. Additionally, discern how much you will pay to purchase the sales tools.

Choose a company that allows flexibility in sales venues. Companies may choose to restrict where and how you can display or sell their products. You want freedom to market and grow your work from home business at various locations such as business expos, community events, yard sales, and open houses.

Getting Started

Successful consultants possess organization skills with friendly and outgoing personalities. If you enjoy meeting new people, talking about a product, and traveling, you may find success in this business. Be willing to accept the reality of regular evenings away from home and consultant requirements such as a business bank account or internet access. Additionally, you will need a calendar to plan parties and a phone to contact customers.

After you receive your starter kit, familiarize yourself with the products, brochures, order forms, and consultant resources. Print business cards, and ask friends to host parties. Host an open house with other home party consultants to display your products and offer customers one stop shopping.

Customers appreciate a genuine consultant. Concentrate on placing the customer first rather than on making a sale.

Home party businesses offer flexibility and a variety of products for everyone. Find a product you use and love to start your successful work from home business. With effort, you can make money in sales to support your family and open a successful work from home business.

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New Home Based Business Ideas – How Online Opportunities Enhance Success

Posted on May 22, 2019 in Uncategorized

New home based business Ideas? How about a home based business which you:

1. do not need to spend much time to set up?
2. do not need to spend a single cent as start-up cost?
3. do not need to spend a single cent to get the products or inventories for your business?
4. do not need to spend a single cent to market your product?
5. do not need to bear any risk if it fails?

If you answers are “Absolutely! Yes!” then you should start exploring online home based business. Follow the following simple 5 steps of new home based business ideas and leverage on the online opportunities to start making money online.

Step 1. Sign up for a PayPal account (an online opportunity to receive money from your customers without incurring any cost and without any constraint)

It will just take you a few minutes to sign up for a free PayPal account. Once you have a PayPal account you could start receiving money from your global online customers 24/7. Unlike the conventional business where you need to rely on the conventional banking systems to receive money from your customers and you may also incur account opening cost.

Step 2. Conduct Research for a profitable niche market (free online opportunities to determine who are your profitable customers for your online home based business)

Conduct your own online research. Visit ClickBank, Amazon, eBay websites. These are the online platforms for you to find out what products are ranked high or popular to determine your profitable niche customers. Leverage on Google AdWords keyword tool to confirm the popular niche markets for your home based business. A high demand niche market is the key to earn money online. All these researches could be done within a day and without spending a single cent.

Step 3. Source for a product for your niche market from the affiliate networks (free online opportunities to obtain the products for your home based business)

Join an affiliate program. It is a business model where you make commissions from promoting the merchants’ products or services through online means. You could get all the products for your niche market for free from the affiliate networks, for instance ClickBank, PayDotCom, LinkShare, etc. You could promote as many products as you wish. Affiliate networks are the free sources for the products of your online home based business.

Step 4. Create your own blog as a platform to market the products to your niche market (free online opportunity to have a store for your home based business without the need to pay rental)

You could create your own blog for free within minutes, for instance at Blogger.com. It just takes a few easy steps. In a matter of minutes you can start posting text, photos, videos, etc. to your blog. Post or write something interesting about your affiliate product on your blog. Place your affiliate link on your blog. Your blog will be your free online “store” for your online home based business. It is the platform for you to market your product and earn money online.

Step 5. Promote your blog and affiliate product through article marketing (free online opportunity to market your online home based business’s product to your online customers)

There are various ways to generate traffics or customers for your online business. But for a start, you only need to focus on article marketing.

You could sign up a free article directory account with EzineArticles, GoArticles, etc. Start writing 250-500 words articles about your niche market or your affiliate product. Alternatively, you may outsource the articles writing to the online professional writers. These articles will help you to generate traffics or to get online customers.

Remember to place your blog’s address at the resource box of all your articles. Your readers may be enticed to visit your blog and will find the affiliate products at your blog. They are your potential niche customers. This is an effective way for you to market your online home based business to your global online customers.

With the above mentioned online opportunities, you could start your online home based business within weeks or even days and at the comfort of your home. Your online home business could operate 24/7 and never stops helping you to earn money online. By using these ideas, you do not need to invest a single cent to start your home based business. This will certainly increase your profit margin. If you fail, you could easily start a brand new online business again at anytime and anywhere. With the power of World Wide Web, there is no geographical constraint for you to earn money online and you will have global customers for your online business. You should leverage on this online opportunities to make money online.

Now, are you able to see how these online opportunities could enhance your success? What are you waiting for? Join the bandwagon, take action and start an online home based business and start earning money online.

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