subject: The Basics About Network Marketing [print this page] Learning about network marketing can be the perfect way to gain a secondary or even primary income. Network marketing is a form of multilevel marketing. Many people look at multiple level marketing with skepticism. Over the years, a few companies have created enough stir to give multilevel marketing a bad name. There are however, many companies who are in good standing.
There are a few things to know about network marketing before getting started. Network marketing can be a great home based business. You do not have to worry about maintaining an inventory or shipping anything. The only thing you have to focus on is marketing your business. This is one of the reasons why companies engage in network marketing.
Network marketing is a way of creating a vast marketing network. Associates and affiliates handle a great deal of the marketing for these companies. In exchange, these associates receive a commission for each sale made. This commission is performance based rather than referral based and is one of the reasons why network marketing is considered above other forms of multilevel marketing.
This type of marketing does not rely on a distribution network below you and residual income, which makes it more profitable than having to rely on the work of others. Network marketing relies on your work and skills and rewards sales with increasing levels of compensation. The more you sell the percentage generally goes up based on either number of sales or the total amount of sales. This is one of the great things about network marketing.
It is important to keep in mind that this is not a get rich quick type of program. Anyone who says that you can make a large sum of money with little to no work should be approached with considerable caution. Network marketing businesses are just like any other business. They require dedication, effort, commitment and time. In many cases you will spend more time working to make your own business profitable than you spend doing other things.
The difference is that thanks to this being an internet based business you can travel anywhere and work anywhere and at any time, making it more flexible than less time consuming. Most network marketing businesses do not make a large amount of money; they can however make solid, stable incomes as either a primary or a secondary source.
The basics about network marketing are simple. It is important to keep in mind that not all companies are created equal. Research each company you are considering associating yourself with and see what benefits they offer as well as any complaints or issues they may have had lodged against them. Network marketing businesses are not without their pitfalls and it is important to find a reputable company to work with. It is also important to remember that businesses take time, effort and dedication and that any business that promises a high rate of return with no work should be suspect. However, with hard work and dedication it is possible to make a successful home based network marketing business.
