The Basics Of Network Marketing Explained
Would it not be great if there was a very short and comprehensive website that was the definitive network marketing explained resource
? Honestly, there are probably several websites that fit this description. Unfortunately, there are also a lot of convoluted websites out there too. This is unfortunate because when you want a succinct definition, you should be able to find one easily. For those who may be interested in learning about network marketing, the process should begin with examining a basic explanation of what network marketing is and how it works. If you are interested in reading a brief overview of what network marketing is, the following article will cover the main points which describe this venture.
Network Marketing Explained - What It Is
You could say that network marketing is a unique sales venture which not only promotes the sale of a product but also promotes the growth of a network of sales representatives. The more people promoting the sale of a product, the more profit potential will exist for the company manufacturing the product. Now, most sales reps are motivated to sell a product based on the commission they receive for the sales. This is true in network marketing but there is an added twist. You would also gain a commission from the sales of those who have recruited to join the venture.
Network Marketing Explained - The Downline
The people you bring into the network marketing venture are dubbed the downline. This is the colloquial description of those in the network down below you in the pyramid of people who have affiliated in the network. The greater and more expansive your downline is, the greater the revenues you can earn from the network marketing venture. For many, the profits derived from the downline could prove to be greater than what would be achieved through only selling the product directly. In fact, the greater the downline is, the more potential you will have to earn a passive income.
In other words, you can join a network marketing venture which sells a sports drink. You never once sell a sports drink on your own but you are able to sell the opportunity to 25 recruits who do go on to promote the sale of the product. You would receive a commission based on their sales even though you are not selling drinks on your own.
Now, this does not mean you are totally passive in the venture. You will have certain minimum requirements to stay current and in good standing with the network. (Avoid any sources promoting network marketing explained which try to sell the venture as something that never requires commitment and effort. MLM always requires commitment and effort) As long as you are in good standing, you will reap the rewards of the work of your downline.
Just be sure to recruit new members who are serious about succeeding and are willing to put in the proper amount of effort to succeed. An unmotivated downline that is huge is really nowhere near as helpful as a smaller downline which is generating profits.
So, you could say the answer to network marketing explained is that MLM is traditional marketing with a twist. For those who do gain a knack for this type of sales, it could prove to be the most lucrative venture they ever become involved with. Hows that for motivating to look closer into what network marketing has to offer?
by: BrianGarvin
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