What is network marketing? Simply put, it is a marketing strategy where emphasis is placed on building a large network of independent unsalaried sales associates or representatives who work together to earn money.
Associates make money through direct selling of products and the sponsoring of other associates. He earns a commission not only on his own sales but also on his recruits’ sales. The people above him in the company get commissions from his sales and he earns commissions from the sales of the people below him.
Here are five simple ways to use internet network marketing to your advantage.
First, get used to always thinking of leads as not just potential customers but also potential recruits. Almost everybody would like to earn a little bit of money on the side and if you are contacting them to talk about your products, you might as well tell them about the business opportunity you represent.
Second, don’t give up. Not all of your efforts will meet with success all the time. If you get in touch with 10 people and no one joins up with your business, continue trying. You never know if the 11th person will join. It’s likely that if you email 100 people, only a few will contact you and ask about joining but if you continue working, you can build a good network slowly but surely.
Third, have reasonable and achievable goals in mind. Yes, everyone would like to earn a million dollars in a month but is that really likely to happen? If it were that fast and easy, everyone would be a millionaire.
Fourth, don’t be tempted to spam. First time internet network marketing associates can get so excited that they start posting about their company everywhere, even where it is not appropriate. Spam is a waste of time and will just make people angry.
Fifth, form a relationship with your fellow associates. The more that you regularly communicate and help each other, the more successful you will be. Network marketing is not a solo endeavor.
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