Wednesday, May 11, 2011
Network Marketing - Finding the Right Network Marketing Opportunity
By A. Hamid Adeniyi Otule
Network Marketing; or Multilevel Marketing as some describe it, regardless of what the majority’s mindset may be, is still one of the best ways to gain financial freedom. 2011 is a year that has witnessed financial struggle and even though I am an optimist, I am sure that things are going to get better soon. I believe that the right Network Marketing opportunity could be what you have just been looking for.
Without wasting much of your valuable time, I like to restate my commitment towards ensuring that we provide you the best of information so as to enable you find the right investment business opportunity.
Nevertheless, People are paying more for virtually everything and their income with their job is not moving nearly as fast in the right direction. This means that people desperately in need of the right solution and for many; Multilevel or Network Marketing could just be the financial breakthrough.
As we all know, the Network Marketing Industry is full of opportunities, the majority of which claim to be the best anyway. These opportunities if they are legitimate, all pose success chances. The reality is however that most of these opportunities boast a very high failure rate as well.
It is not becoming a new thing that most people fail when they get into Network Marketing. Their failure was not because they cannot succeed, but rather, because most people are not willing to put forth the effort it takes to see success. After all people have jobs and their busy lives do not allow for the time it takes to promote a Network Marketing business.
This worries me because these people are passing up on what could be a residual income that could just solve their problems forever. I like you to think about something for a minute. If you were to get a job in a profession that boasted the kind of income potential that the majority of Network Marketing opportunities boast, you would have to go to school eight years, climb the corporate ladder and hope for the best. On the other hand, if you find the right network marketing opportunity, you would work hard for a couple of years and still end up making the kind of money you would have if you would have worked your entire life.
What do I mean by this? Network Marketing is a different style of business for different type of individuals. Yes, it does take effort, but the pay off is well worth it. Network Marketing Companies usually allow people to market their products for them and give them a piece of the profits because it is much easier and cost effective than putting together a hundred million dollar advertising campaign. Most pay plans are set up to give you a little bit of the profit off of everyone in your organization. Think about it, would you rather have 1% of the profit of a thousand people or 100% of your own efforts. The answer is obvious.
Another area I like to mention here is; finding the right Network Marketing opportunity is important and as the first step in your success strategy. I definitely believe you would want to find a Network Marketing opportunity that has a great product priced reasonably. Many network marketing opportunities will provide you with a product priced well above retail simply because there is an opportunity attached to it. This will serve as a recipe for your failure. Remember that you are marketing a product for a company and that is where you want the focus to remain. The opportunity is there for people who are interested in sharing the product that they bought with others.
Well how will they know if they want to share it? Even though they have not even tried it themselves? This is why you always want to lead with the product rather than the opportunity.
In addition, if you are the type that would want to find an opportunity that does not require high startup capital and is invariable not too expensive to maintain. Then remember that your Network Marketing opportunity is your business and if you are throwing more money out the door than you are making, you will not last very long.
You might as well decide to use website to promote your products and opportunity. The Internet is a great place to find other Network Marketers who will be interested in helping you build your business. This means that you can have a two-fold approach to marketing your product. Market your products to the people in your community and on the Internet.
Definitely, Network Marketing can make you rich and yes if you want to get rich in Network Marketing you are going to have to market the products.
Finally, I want to assure you that Network Marketing is still by far one of the easiest ways to gain the type of lifestyle that you want since your success or failure is dependant upon the effort that you are willing to put into it.
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I wish you best of luck.