please give me your opinion about network marketing?
recently my friend tell me about network marketing like quest.net and asked me to enter because it has big profit and i will make money in very short time so please tell me more about it
Tags: money, network marketing, short time
Do your homework and understand if you do, in fact, make money in a very short time you may quickly stall out and cease to make anything further. In fact, aside from the very real possibility of alienating your friends and family, you run the risk of actually losing money in the long run because some, if not most, network marketing companies require you to make monthly purchases to stay active.
This is not to say that network marketing is a bad thing. It’s not. But you need to understand that it is a business and should be treated as such. Do not go hitting up your friends and family trying to get them to become part of your team. They will resent you for that. You can tell them what you’re doing, but never, ever, EVER try to sell to them. If you become successful, believe me, they will come to you and want to know more.
You have to have a solid plan when you get into network marketing. Do you use the products? Do you truly believe the products are the best on the market? Would you use or recommend the products if there weren’t something in it for you? If not, there’s a very real possibility this is not the business for you.
Again, that’s not to say network marketing is bad, it may just be that particular company is not something you can pour your heart and soul into.
It’s difficult to approach people, to put yourself out there and ask them to take a look at what you’re selling. And that’s really what you have to do. Network marketing is a people business. People have to know, like and trust you before they’ll ever take a look at what you want to show them. And, they will know in a heartbeat if you don’t truly, authentically, believe in your product.
Research how you can market your product, most network marketing companies have federal guidelines and corporate restrictions on how you can market yourself and the product. These restrictions can seriously cripple your efforts. So know what you’re getting into before hand.
Read the fine print before you sign up. There are some great network marketing companies out there and yes, you can be successful at it, BUT in order for that to happen you must: choose the right company, choose the right compensation plan, possess the necessary skills to succeed (confidence in yourself and your product are crucial), and put together a solid business plan that will work for you and your personality.
I recommend you read as much as you can about the business. Both the positive and the negative. You need to have a well-rounded picture of what to expect. It’s not easy money in the beginning. And the beginning can take a couple of years. On the positive side, get a copy of Robert Kiyosaki’s Business of the 21st Century. And watch some youtube videos by Tim Sales. They really help you to see both the potential AND the reality of what this business is – and it is a business. Meaning, work will be involved.
By the way, I’m in a network marketing company myself. I was involved with three other network marketing companies before I found the right fit. Do your due diligence. Do your homework. And you’ll soon know if it’s right for you.
Best of luck and much success to you! :-)
I am a university marketing professor so I have looked at network marketing for years. The only people who really make money work night and day. Any sales job will produce more $ if you work night and day. The huge downside is you have to annoy and your best friends and family–basically make them into a market. Want to win the "most annoying relative" contest–then join up.
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