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In this video I share internet network marketing tips to help you grow your network marketing business online.
All About Internet Network Marketing
If you are like most people, then you probably don’t know about internet network marketing. But having the word “Internet” in the term should tell you that’s it’s the online version of something that’s already being done in the real world.
So, when you put two and two together, Internet + network marketing, Internet network marketing makes sense. So, in this article we’re going to talk more about network marketing in general and how you should do it online.
Network marketing, or networking as it is commonly called, is all abut building your business by helping other people build theirs. In order to do networking, you need to have a networking company. Thankfully, there are many of these companies out there, and for those who don’t know HerbaLife, Amway and Avon are only some of the biggest and most popular networking companies out there, churning out billions of dollars in sales each year.
Can you really make money with networking? That really depends on the stability of the company, the viability of the products being sold through the network, and the quality of the people in your networking.
Stability of a company has everything to do with the viability of its products and its compensation plan. You may have heard about networking companies folding up and then being branded “scam” afterwards. This is only because the company makes its money from recruitment, not from actually sales of its products. If you want to know if your networking company will last, study the compensation and the products of Avon and Amway and see if your company’s compensation plan and products are of the same quality. If it does, then you have a shot at making it big.
As for the viability of the products being sold, it has everything to do with how many people are willing to pay for a product even if they aren’t members of the networking company. Amway offers quality vitamin supplements while Avon offers quality cosmetics, and that’s really something consumers appreciate.
In order to make great money with a networking company, you need to have quality people working under you. And when we say “quality”, we do mean the kind of people who are willing to talk to strangers and recruit them to become a member of your team. This is because the lifeblood of great money in networking is passive income. When you recruit people, you often get a signup bonus, and get overriding commissions from the people under you. Now imagine those people recruiting more people. While you may not get a signup bonus from the people under your recruits, you can still make money from overriding commissions. If that sounds like a great way to make money, it is.
However, other people make the mistake of thinking that they can just sign up with a networking company and let it be. No, you can’t. Once you signup, you need to work on building your network. But with the Internet, this is something that you can easily do once you know how.
