09 Aug Five things that differentiate network marketing from other businesses.
Network marketing or multi-level marketing is a smart business opportunity that you can venture into for a profitable revenue stream. In today’s ever-changing environment, network marketing offers you an opportunity to make money and develop yourself exponentially at the comfort of your home.
Here are five reasons that makes network marketing different from other businesses.
1.HUGE DEMAND FOR EXCELLENT PRODUCTS
Network marketing companies are famous for creating revolutionary products that hit the market by storm. The huge demand for these products makes it easier to sell. Also, the products are designed specifically to generate repeat business. Network marketing has enabled brands to grow into multi-billion companies through endless chains of agents who ensure that the multiple levels keep growing and advancing progressively.
May be I should start thinking of starting my own network marketing company and recruit marketers too.
2.LOW START-UP CAPITAL
Unlike traditional business or a even a franchise, network marketing requires very little startup capital. Basically, you need the money for an initial order and a small sign up fee (in some companies) but Since the world has become smaller, systematized, and technology driven, you no longer need enough product for your customers. Everything can be drop shipped directly to them and your commissions can be automatically updated and paid out.
3.LIVE A REWARDING LIFE
One important reason that makes network marketing important is the personal development that comes from helping other people succeed. You become better at communication, persuasions and even leadership. It is very rewarding also to lift other people and watch them become better every day. With network marketing, you grow as your business grows. Your skills, strengths, and experiences are also rewarded with handsome payouts which are very important for both part-time and full-time business distributors.
4.FLEXIBLE WORKING TIME
One of the things I love about the network marketing business model is that you can make your own work schedule. This type of work you can take with you wherever you go. If you are at home or on vacation, you can work anywhere in the world; you can meet people anywhere and they might be interested in your products or services. If you are an Online Marketer, your online presence works for you 24-7.
5.YOU DON’T NEED EMPLOYEES
One of the biggest headaches business owners have is employees. Labor costs typically account for 80% of all business expenses. Not in a network marketing business. In this profession you teach other people how to be successful and each person has its own contract with the company. Employees are not required.
If you need anything done in your business because it has grown to a size that no longer allows you to handle the matters you can simply outsource the different jobs.
Network marketing is very important in today’s modern world. It has existed for decades and has changed the lives of many. Many successful businessmen all over the world are involved in network marketing while others recommend it and it has been a lot better than every other business.
There are lots of network marketing companies in Nigeria. One of them is Norland Nigeria. Give it a try. I am sure you will love it. I welcome you in advance to great health and wealth.