Network Marketing Survival by James Bennit - HTML preview

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Why Would You Be Choosing Network Marketing in The

First Place

Network Marketing survival. Let’s face it, the world out there is like a jungle. More particularly so in the Network Marketing world. It would be easy to say, since it is that difficult, let’s just forget about the whole Network Marketing or network marketing deal in the first place (then this book would not be necessary at all ). That action would be self-defeating.

There is good news for all of us. So let us instead start from a positive note.

The purpose of this book is not just about teaching you to choose the right Network Marketing Company but also how, by being properly educated about the industry, you will be able to receive benefits from every opportunity in which you invest your time and money. The information here will be completely generic and neutral. I am not endorsing any company over the other as there is no such thing as the perfect Network Marketing but rather choosing an Network Marketing that is SUITABLE for YOU!

Whatever your reasons may be, let us make a few assumptions about them before we proceed (or else you wouldn’t pay for this E-book in the first place)

(1) Making money

(2) Saving money on products

(3) Meeting new people

(4) Growth and development

Making Money

(a) Looking for fast money

(b) Building a long-term business with money coming in long after you have ‘retired’

(c) Investing in the product itself

For people looking for fast money, there are pros and cons to this kind of thinking.

Some people are WELL-TRAINED salesmen. They have built the relationship with their clients, customers and all sorts of people. People trust what they say and will trust whatever they are selling. They may sell the product itself (sometimes, in large quantities), or they may sell the opportunity (the money making part of it) or both. Are YOU this kind of person?

Fast money is not impossible, but it COULD be for the short-term only. Consider the facts that 80-90% of people in the world are NOT built for sales. If a salesman sponsors a non-salesman, would the non-salesman be able to do the same thing as his upline?

Does that mean that I would spend most of my time looking for the 10-20% of sales types?

The next type of money is the long term-type.

When I define long-term, it does not have to mean that you might not see money right away. It differs from company to company. But as a general rule of thumb, it involves BUILDING A NETWORK OR AN ORGANIZATION.

The key to building a large organization as quoted by Zig Ziglar, “You will get whatever you want in life if you will just help enough other people get what they want.” In other words, if you will help enough downlines get enough downlines, you are on the road to network marketing financial freedom. The key is to help others.

There is one more category of people who ‘invests’ in network marketing companies, not to make money through retaining or networking, but rather investing in the product, position, or depending on the company, appreciation of their ‘assets’. A few examples would be investing in a product, so that in the future, its value will appreciate, so you can sell it to other people at a very high margin (sort of like old comic books.) Others might purchase the account or distributorship from you (depending on the compensation plan of the company) while some Internet companies actually pay you to ‘invest’ in their company, sort of like buying a shares of the company.

Saving Money on Products

Retailing of a product is very important to an Network Marketing business. Lack of (or even non-existing) retailing could be harmful to the distributor or the company as certain states have outlawed ‘headhunting’ and have their own policies.

Nevertheless, saving money on an Network Marketing product is one of the most wonderful key features of joining an Network Marketing company if recruiting is not your forte.

In certain compensation plans, repeat purchase of the products you buy from the company gives you more rebates or bonuses. In essence, the more you buy, the cheaper it becomes. This becomes an even greater pleasure if you are totally in love with the products or you have already set aside a budget for those products (which means you are now buying from the Network Marketing company or your upline instead of buying from the supermarket, pharmacy, grocery store, etc) There are some important aspects to take note however, if the company requires you to purchase the products in bulk (hence the term – frontloading), is there a DEMOTION in your achieved position in the company. Is there MAINTAINANCE required, or how much are the renewal fees for membership. All these will be further discussed in later chapters.