Network marketing or multi level marketing is a great way to add a few extra bucks to your bank account for those in the buying, selling and marketing industry. Network marketing works as a way to get paid for not only selling a company’s product, but also for introducing new clients to that company. If you are passionate about a product and have the personality for selling, then network marketing is one of the best business opportunities out there.
But don’t take our word for it. Below we’ve listed five of the benefits to network marketing, as compiled from actual network marketers:
1. “There is hardly any risk involved.” – Everyone wants to start their own business venture. However, in most instances there is simply too much to lose becoming an entrepreneur, especially in the financial crisis our world is in right now. However, as a network marketer, you are not risking your life savings. In fact, you are hardly risking any money and are essentially selling products that you already use and trust. The lowered financial commitment can be considered a huge benefit, especially to those who cannot afford to fail.
2. “The freedom is incredible.” – One of the best things about getting into network marketing is that, essentially, you are your own boss. However, you do not have the stress involved with being your own boss. You do not have to worry about inventory; you do not have to worry about hiring employees and paying them every week. You do not have to worry about upkeep cost or office rent. In fact, many network marketers can work from their own home. They are free to pick and choose the days they work and who they target.
3. “Two words: residual income.” – Residual, or passive income, is income that simply comes in every month. This is what will happen with network marketing. In the same way celebrities make royalty checks for product endorsements; network marketers make loyalty checks anytime one of your customers purchases an item. What this means is you are getting paid to essentially do nothing. If you are good at your job, this residual income can blossom into a hefty sum each month.
4. “I can work wherever I want.” – For those who enjoy traveling or simply do not like to be confined to an office, it is possible, with the rise of internet technology, to work from wherever there is a computer, an internet connection and a telephone.
5. “I’m selling what I love and my customers do too.” – There are many network marketing contracts out there that promote high quality, good products. It especially helps if you have a passion for the product. If you use it at home and you know it’s good, you will be much more successful convincing others of this fact. Furthermore, the demand for good products is still high, even during this economic crisis. If you have the high quality products that customers want, and will continue to pay for, you can stand to make a fortune.
Michelle Cobbs currently lives in NY with her family she enjoys writing in between working from home. [http://ift.tt/2oqqoo8]
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