What Is Network Marketing?

Entrepreneur.com defines network marketing as "a type of business opportunity that is very popular with people looking for part-time, flexible business." It continues to say that network marketing is a legitimate business and a serious business for serious people. It's a proven system where the design, creation and expense the corporate team has gone through becomes a road map for your own success.

Simply put network marketing is a business where you get paid to promote products and help others do the same.

In my opinion, network marketing is an amazing opportunity that gives people the chance to have a hands on experience for business. Listen to what Stephen Covey, world renowned author and businessman, has to say - Network Marketing has come to age.It's undeniable that it has become a way to entrepreneurship and independence for millions of people.

Why Is Network Marketing An Incredible Opportunity?

The main reason is because network marketing is a great alternative compared to starting a traditional business.Here are some problems people face when building a traditional business

1. No Time

2. High Capital required

3. No Manpower

4. No Expertise

Network Marketing on the other hand does not have those problems!

Time

In network marketing you would only have to work around one or two hours a day. This time would be used to maybe make a few phone calls, connect with prospects, make a presentation and close a sale. You will also be able to earn from the efforts of your team. "Would you rather work 20 hours by yourself, or have 9 friends including yourself work two hours each?" This is the concept of leverage or time compounding.

Capital

Most businesses cost thousands of dollars to start. Network Marketing gives you the same opportunity but at a much lower cost. In a traditional business, monthly expenses can go up to $1000 with rent and wage expenses. But in a network marketing company you usually only have to invest in the monthly products you want. In my network marketing company, it is less than $75 a month. And this investment allows you to show off our award winning products.

The lower the need for capital and monthly investment the lower the risk.

Manpower

Throughout your network marketing business you will meet new people from all walks of life and you will grow your network tremendously. Forbes defines big businesses as having "500 people or more" so that would be our aim as a team and organisation.

Expertise

This business does not require any prior experience, knowledge or educational qualification. You will be able to learn from experts in the field through videos, seminars and blogs like this. You will also receive coaching from your up line, because it is in their best interest for you to succeed.

I hope this gives you a clearer overview of Network Marketing and why it's such a great opportunity.

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