What Is Legitimate Network Marketing Business?

When we hear the term “network marketing” it can be easy to feel intimidated and uncomfortable. There are many ways that the term gets thrown around and many ways in which it can be misunderstood. Many people want to start home based businesses but don’t have the resources or a good idea of where to start. Network marketing is a great option for those people. Just think, for little cost and risk you could be the owner of your own online networking business. The problem is there are many network marketing programs to choose from and each one is different. So you will have to find the program that best works for you.

Before you are able to make an informed decision, however, you will have to understand exactly what network marketing is and what it isn't.

Network Marketing is basically an MLM (multi-level marketing) business program. Under this model, each person working is their own boss and basically an owner of their own business as they market the products people are looking for and build a team to help them earn and expand. Still, before you take the plunge, there are a lot of questions that need to be answered. What network marketing is and what it isn’t, will be the place to start.

It Is Not A Pyramid Scheme

Usually when we hear about network marketing we immediately summon up the image of a pyramid. In fact that is about the most common question we get in the network marketing business. “Isn’t this a pyramid scheme?”

Pyramids were at one time very commonplace and quite problematic, which eventually led to them being banned in all fifty states in the U.S. While the model may resemble a pyramid to some because we’re programmed to think that, there are actually some very key distinctions.

First of all, pyramids work in a model where you only get paid a recruiting fee. In other words, for everyone that buys into the program under your recruiting network, you will get paid a portion of that income. In true network marketing there is a product being sold. You will get paid when someone in your network buys that product or when they sell it to someone in their network. Network marketing is not about just recruiting people but about using the power of our extended network to sell real products that people want and need.

Furthermore, in pyramids only those who get in first can truly reap the benefits, you know, those at the top of the pyramid. In network marketing everyone has an equal opportunity to earn, we just need to work smart at it.

It Is A  Home Based Business, NOT A Job

The potential to earn money in online network marketing programs is very real. Many people make their living completely from home and do very well for themselves. The other part to this point, however, is that this is not a job, it’s a business. You are not guaranteed a paycheck every Friday just for showing up. You will have to invest and you will have to work at it every day. You only make money when people in your network or extended network buy the products you are selling. You will also need to recruit a team of people to help initially build the network and you can help each other along the way.

It’s Not A Sales Job

If you don’t want to be a sales person, my network marketing is probably for you. This doesn’t involve going door to door or making cold calls all day long. You’re not even necessarily trying to convince people to buy the products. All you are doing is sharing the information and making it available to people. You will only have to work with those who are actually interested, and there will be many tools available to help you put the info out there.

But if you like sales, MLM may still be for you, because many people who do well in this area find it to be a good transition and are successful. So really this is a win-win situation.

It’s Not A Big Time-Consumer

The great thing about network marketing is that it doesn’t require a lot of time. You don’t have to put 40 hours on the clock every week in order to make a sizable income. The more time you invest, however, the more money you have and the more potential to earn. So if you just want a little money on the side, you may put in a few hours a week here and there. If you want a noticeable income however, you may go as high as 15 hours a week or more. And the great thing is, there are many tools to help you not only utilize your time more effectively, but reduce the time it requires to stay on top.

It Is Worth Sharing

Many people’s greatest doubts is that they may be afraid to talk to people, especially friends and family, about these MLM opportunities. Well, you don’t have to convince friends and family and drive them nuts trying to get them involved. You don’t have to ruin your relationships to be a success. All you need to do is talk about your product as it is. If they are interested, get them in. If they aren’t, move to the next person. Don’t get someone who is only half-interested, ‘cos more likely he is not going to help build your business.

Online networking business is an opportunity that is worth sharing. You may be surprised that a few people you know may want to get involved after seeing your results and realizing that it can be a life changing opportunity. So why not share the wealth? The most you will have to do is share the information (tell people about it) and politely move on if they decline.

Online network marketing is an exciting business model and it’s an opportunity to work from home and make some serious income. It’s not for everyone, but if you are motivated and willing to work at it just like you would have to do with any business, then you definitely have the potential to be a smashing success!

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