weblistingster.com weblistingster.com weblistingster.com
Search:    Main Page :> About Us :> Privacy :> Terms & Conditions :> Add Url :> Add Your Article   
Free links exchange
 

Healthcare & Treatment

Technology & Science

Education & Learning

Property & Estate

Self Help

Culture & Art

Politics & Government

Jobs & Careers

People & Society

Cooking & Drinking

Indoor Games

Automobile & Automotive

Computers & Software

Finance & Investment

Issues & News

Shopping & Auction

Travel & Accommodation

Garden & Home

Music & Entertainment

Teens & Kids

Fashion & Lifestyle

Health & Therapy

Adventure & Sports

Business & Commerce


 

Main Page » Business & Commerce » Multi-Level Marketing
 

Network Marketing 101: The Importance of NOW Money

 

I know that you probably joined your network marketing opportunity because of the chance to earn a long-term, residual income. That's why most people get involved and that's great. Just for a second,step back and take a new look at your networking business (or one you're evaluating) and ask yourself, "Does this business offer NOW money?"

As you know, most experts predict that it will take three to five years to build an organization large enough to generate residual income. Up until that point, you're covering all of your business costs out of pocket. Plus, you have the problem of keeping new, inexperienced distributors motivated while they're building their businesses.

What if there was a way for your business to cover your recruiting expenses from day one and for new people to make money from the start, before they have a large group? Well, there is and that is what I call NOW money.

Now money comes from the retail sale of products to people who are not involved in the compensation plan. In days gone by, this was a big part of direct sales and network marketing. In fact, all of the long-term leaders in the industry promote retail sales to non-distributors. This is a major factor in distinguishing a legitimate network marketing opportunity from an illegal pyramid scheme.

If you are involved in a company (or looking at one) who doesn't promote retail sales or who doesn't have a product that would appeal to those not paid to market it, I strongly urge you to RUN away as fast as you can. You will never have any long-term growth as long as your product only appeals to those paid to sell it. Could you imagine if McDonalds stopped selling hamburgers to consumers and only focused on recruiting new franchisees and selling products to them? How successful do you think they would be? You're right; they wouldn't be successful at all.

Retail profits offer the new network marketer the chance to see immediate results on their efforts and the ability to offset business expenses. When you have people who are making money right away, you're a lot less likely to have distributors who become discouraged and quit.

It's too bad that many network marketing companies either ignore retail sales all together or only pay lip-service to the practice. These are the companies who aren't truly thinking long term. Since many distributors will never sponsor a soul, retail profits are the only way for them to make money. If you take that away from them, they will eventually quit.

In order for network marketing to work in the long-term, you need to find a company with real products that will appeal to the general public to help new people earn money from day one, while they build toward their financial future. The long-term giants like recognize this. What about your company?

Author: Tim Hicks
 
Author Bio:
Tim Hicks is a proclaimed scripter. Tim likes to write articles about this topic.
 
 
 

Related Articles

 
Business Presentations for Neighborhood Watch Patrols
 
Receivables Factoring: An Easy Way to Free Up Cash from Unpaid Invoices
 
Can Barter Help Increase Cash Sales and Visability for Your Small Business?
 
What are the COSTS Associated with joining Leads Groups?
 
How to Answer Clients Who Want to Know Your Fee
 
How to Build Great Relationships Through Cold Calling Master the Foundation for Cold Calling Success
 
Starting is the Hardest Part
 
Handling Family Objections To Your Home Based Business
 
Computer Business: Provide Services to Other Businesses
 
Five Crucial Components of a Business Plan
 
 
 
 

Extreme Gag Gifts

It is true that gag gifts may not last forever like a beautiful piece of jewelry. But gag gifts can ... - Jeff Kennedy
 

MLM Tips Who Says You Can??t Teach MLM Old Dogs New Tricks?

Tips on improving your network marketing. - Ginger
 

Winning Project Stakeholders To Your Side and Keeping Them There

To keep key stakeholders onside and supportive of a project then all communication with them needs t ... - Liz Cassidy
 
 

MLM Training - The Network Marketing Success Secrets of Recruiting Small Business Owners

Are you making the mistakes most people make when prospecting small business owners? Read on! - Doug Firebaugh
 

The Marketing of Value, Part 1

The value of something is what someone is willing and able to pay for it; no more, no less. You may ... - Daniel Wadleigh
 

Top Home Business Idea Blues

There are some top home business ideas made in hell. You know the ones I am talking about. They brin ... - Christopher Kyalo
 

Inspiring and Energizing with Strong Verbal Communications

Effective leaders that inspire, energize, and arouse people to improved performance, can stand in fr ... - Jim Clemmer
 

How to Keep Customers

Wouldn't running a business be a whole lot better if we didn't have customers? Well, as we know only ... - Alan Fairweather
 
 
Main Page :> Privacy :> Terms & Conditions  
© www.weblistingster.com - All Rights Reserved Worldwide