Network marketing is not a conventional business by most definitions. It doesn’t require much startup capital and it doesn’t require the usual difficulties of a business. By that I’m talking about things like administration, brand building, generating buzz, stocking product, shipping the product and so on. In most network marketing companies, such activities are taken on by the company itself.
Contrast that to starting say, a pet grooming business in your area. You would have to get the funding (large capital investment), find a location, get a land use permit, rent the space, get the space suitable for your canine guests and many more tasks just to get ready to open your business. Then you would have undertake some kind of marketing campaign to get people to come to your business. And since you’re just starting out, you probably won’t have the budget to hire help, so you’ll have to do all the work yourself. Yikes! Well a business like that could do well – over time. But it might be several years before it makes any money and word of mouth starts to help you out.
That’s just one example of a ‘traditional business’ but most of them share the same issues. The only thing network marketing businesses have in common is that, yes, you still need to market them. In all other respects, network marketing is very unlike other types of businesses, and that makes people forget it’s a business. Yes, it is still a business and should be treated as such.
Download your free copy of How to Select the Perfect Network Marketing Company – and enjoy!


2 comments
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June 6, 2009 at 6:17 pm
rpeden
I agree. Network marketing is not a normal or traditional business model and because of that and past negativity surrounding it, people have a tough time accepting that it is viable. I find that this occurs more and more in the 40+ generation that was exposed to the “Amway Salesman”. Now, more and more companies are moving to the network marketing model because it is cost effective and has a huge marketing force. It is a multi-billion dollar model, who wouldn’t want to be involved with that? Good post.
Rick Peden
http://www.emaginebg.com
July 5, 2009 at 8:55 am
Mike
MLM or network marketing I think is a really good, fast and legal way to earn a living – both offline and online. Too bad there are scams out there that smudge the good face of the industry. On the other hand, there are also those that are legit, some of which I’m a part of.