Create Another stream of Income – Network Marketing
Create Another Stream of Income With Network Marketing
Network marketing, also known as multi-level marketing (MLM), is a business model that has been around for decades but has recently seen an increase in popularity. It involves a network of independent sales representatives who sell products directly to consumers and receive a commission from their efforts. Network marketing provides potential entrepreneurs with the opportunity to start their own businesses. Without having to invest large amounts of money or take on the risks associated with running a traditional business.
The main idea behind network marketing is to sell products directly from person to person without having to go through a traditional retailer or wholesaler.
Not what you think you know
A lot of women have done network marketing before and a large percentage of them in the 90s have not succeeded with it. Certainly, this is due to the old marketing tactics that they have been using over and over that are not working anymore. I’ve been in network marketing for a while with multiple different companies and the strategies are constantly changing.
Regardless of your offline or your leadership, it still boils down to MARKETING.
Marketing is on a 90-day cycle. So, if you give it a month and you quit, you didn’t give it long enough. What you do today, you’re not going to reap benefits from for 90 days. You can’t just pop like popcorn and show up when you want.
You got to be consistent.
Know what you do!
Many people have gotten such a bad taste of network marketing because they weren’t successful or they were sold a dream that they didn’t achieve.
Making money can be a difficult endeavor, but with the right knowledge and skill set, it can also be incredibly rewarding. With today’s ever-evolving job market, there are plenty of new opportunities to make some extra cash or even start a full-time career. It’s not always easy to find the perfect job, but if you know what you’re doing, there is an opportunity to really make some good money.
Show me the benefit.
Work from anywhere! Many of these companies now have an app where you can log in and help customers anywhere. Anyone can do it, as long as you can get an internet connection, you can run a business. I have been in the car on the way to vacation. I’ve got customers ordering and I’m helping them from my phone anywhere.
You own your schedule! With so much going on in life, from work to family commitments to errands, and more, it can be difficult to stay on top of things and keep yourself organized. But being able to take control of your schedule is one of the most empowering feelings there is. While I was a network marketer, I have a 9 to 5 job where I would get up early. Answer DMs, follow up with customers, send them voice memos, and check up on them. I was doing both things, and as you can see you can have a flexible schedule.
It’s a low-cost investment! In a lot of these companies, you can start for 1, 3, or 400 bucks. I have been a part of a company before that didn’t charge me anything to join. I just had to buy the products. When you’re buying the products, you’re getting the opportunity. Some of that cost might be administrative for them to add you to their website. It’s going to vary from company to company but one thing is for sure. It’s a LOW COST!
You don’t have any employees! But you do have a team usually. If you’re going to be successful, you’re going to want to build a team. A lot of these comp plans are built for the team aspect, but they’re not your employees. So, no one will be asking you for a raise. It’s more of a self-accountability. You give them the tools and you help train them. If they don’t put effort and apply what they learn, they don’t see the results.
Tax Benefits! Having a home-based business can provide you with great financial flexibility. As well as the ability to write off certain expenses for tax purposes. As an owner of a home-based business, you are eligible for deductions that other taxpayers may not be able to claim.
No Discrimination! I’ve been in a position before where there were men that were doing the same exact thing as me and they were paying twice as much as me. You don’t have that here because you’re like a contractor. You’re a 10-99 employee. The harder you work, the more you get paid.
No Commuting! Since this setup can work anywhere as long as you have internet and your phone. You don’t have to worry about commuting especially during rush hours. You’ll be enjoying the safety of your home!
Residual Income! when you’re building a team, it provides an opportunity to make a steady, ongoing income without having to trade time for money. Imagine if you were to retire and you still had that income coming in for you.
The last thing I want to talk about utilizing the power of the internet. It can be used to create multiple streams of income, and it’s easier than ever with the advent of social media marketing.
You can build all of this on social media these days.
I encourage you to join our group. I’ll be giving out free marketing tips and tools there to help you out with your journey!
I hope you got something from this. Make it Simple, Make it Social, Make it Ausome!