Psst!...Have you Heard the Buzz?
Advice About Network Marketing
Run Don’t Walk If…
Take this one bit of advice about network marketing - run don’t walk as fast as you can in the opposite direction IF you cannot answer these questions:
1- What is the profit margin for each sale?
2- Does the marketing plan include clarity and specificity on how to drive traffic to your ads or site? What is the cost of lead generation? What is the lead / conversion ratio for those who will actually join your business?
3- Can you count on your up-line to really help you through the start-up and continuing business building process?
Lots of online (or offline) businesses are being marketed today directly, that is through small independent business owners. But if the answer is not clear to these questions and you cannot see the value in the profit margin, the product and the marketing method then don’t waste your time.
If, however, you do see the value in this kind of a business arrangement where the product is provided for you and you do not need to do anything in order to buy, ship or handle the product then it is a great business model. You will only need to focus on marketing which is what 70 -90% of any business is about anyway.
This frees you to concentrate your energies in one area and if the profit margin is high and you don’t need to make thousands of sales just to make a decent income, then consider the possibility of fighting off the current economic downturn by starting your own online business.
Remember there is a significant difference between network marketing and MLM (multi-level-marketing). See the differences here: Network Marketing Tips
You definitely want to have a team of people working with you to help you succeed in making sales so you can earn a great income from those sales. See article on Team: Work at Home Computer Business
But you don’t want that team to be earning the income you deserve for the sales you make. This simple distinction is the best advice about network marketing you’ll ever hear and will help you win in your business. You see most people simply are not that good at building a team of people and in network marketing YOU do not need to build a team to win.
You win by the team teaching, instructing and leading you in precisely what you need to do to make online sales without talking to your friends and relatives.
So, answer the questions above with clarity as you search for an online business to be sure you understand the plan for marketing your product or service. And to be sure it is a plan that you can implement based on your advertising budget.
With these questions clearly answered, then follow the instructions, work the system and build your online business. And hopefully you can replace your offline job and kiss your boss goodbye!
