Network Marketing, The Business Model
Business Home Internet What is this "Business Model?"
Network marketing is a way of doing business that is different from the "traditional" model used by most consumer packaged goods, food and drug companies. It is one of the most promising income opportunities in American today. It is the idea of many people each doing a little work, as opposed to a few people doing a lot of work. To quote J. Paul Getty, the world's first billionaire, "I'd rather have 1% of the efforts of 100 people than 100% of my own."
Established in 1998 and formerly known as Joebucks.com, Market Health is now the world's largest integrated online marketing company in the health and beauty industry. The Market Health Affiliate Network allows you to market and promote the world's leading health and beauty offers on the net. The Market Health Network is a global leader in the health and beauty industry offering a wide variety of business opportunities for our affiliates and merchants. Our goal is simple...To help merchants and affiliates work together in growing both of their businesses in the health and beauty industry.
Business Mlm Opportunity Rather than using the customary distribution process of moving products from manufacturer to wholesaler to retailer to consumer, network marketing companies use a network of independent marketers to move products directly from the manufacturer to the consumer. Further, the cost structure of a network marketing organization is different than a traditional packaged goods marketer.
sized Business (SMB) Home Office (SOHO) markets, giving you an instant network today, and the flexibility to handle tomorrow's expansion and speed.
Based Business Home Income With a traditional company, millions of dollars are spent on advertising to entice consumers to buy that company's products instead of the virtually identical product from another company. With a network company, the advertising expense is channeled into sales commissions for distributors who promote the product through "word-of-mouth" advertising, i.e. by telling other people about the product. In the traditional business model, money is spent BEFORE the sale in the form of advertising; in the network marketing model, the money is paid AFTER the sale in the form of commissions. Which model seems to make the most sense from a business standpoint?
arrow Guides Growing Your Business Staff Issues Financial Issues Company Structure Tax & VAT Business Protection Online Business Overseas Magazine Business News 01 July 2005 All About Shares! hundred (FTSE), the list of the top UK companies in the stock market, but for many people that is as far as their knowledge goes. But now the stock market is finally improving, and the housing market is, to say the least, uncertain, more people are again prepared to look at an investment they spurned in recent years.
Based Business Home Internet With network marketing, you have two sources of income: (1) direct commissions from sales you make yourself, and (2) commissions from sales made by people you introduce to the business, called residual income. You can invest your time and money once and get paid multiple times for the effort. It means getting paid for the work of others. In traditional sales, you may be a great salesperson and have a few dozen good customers and earn your income from all their purchases. However, you probably have to nurture these customers and spend most of your working time making sure they are buying from you and not someone else.
The Internet receives so much attention as a marketing tool that people sometimes forget how important good, fashioned networking can be. By all means use the Internet to the utmost to promote technology sales, but don't give up on good, fashioned networking. Attending seminars, trade fairs, and business conventions is as important now as it ever was. person networking gives your business a human face, the one element that is often missed with online marketing.
Business Homebased Opportunity In network marketing, you can build a downline of 100, 1,000, or even 10,000 people, most of whom you will not know nor ever have contact with. This is because the majority of the people in your downline will be people who know somebody, who know somebody, who know somebody, who know you. By having a downline that is working with you, and for you, you can multiply your efforts many times. The earning potential of a downline of 1,000 people, each putting in only one hour a day five days a week, represents 20,000 hours of work in a month. It would take one person 10 years to produce the same amount of work. That's the power of a network.
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Based Business Home Mlm Perhaps Robert T. Kiyosaki, author of the Rich Dad, Poor Dad series, said it best. "The richest people in the world look for networks. Everyone else looks for work."
Business New Opportunity It is estimated that more than 50,000 people start a home-based business every week in the United States. The average person owning a home-based business earns more than $50,000 a year (often working part-time), while the national average annual household income is less than $45,000 (and most of those people are working at least 40 hours per week). Additionally, a home-based business owner can qualify for many legitimate tax breaks, and tax experts suggest that the average person can save between $2,000 and $10,000 on taxes every year just by starting a home-based business.
Business Home Online How is this possible? Well, consider these two tax structures: a wage earner first earns income, then pays tax on that income, and then pays for expenses with after-tax income. A business owner first earns income, then pays for expenses, and then pays tax on net income after expenses. In other words, a business owner can legitimately reduce the amount of tax he or she has to pay because business expenses are paid with pre-tax income, not after-tax, income.
Best Business Home Opportunity Network marketing is a $36 Billion industry in the United States. More than 20 per cent of the estimated one million millionaires in America today have earned their fortunes over the previous six years through network marketing. Worldwide, there are over 3.5 million millionaires, and more than 700,000 have made their millions via network marketing. Conservative estimates are that network marketing in America is creating 40 new millionaires every month from average people. This means that a person's greatest chance of financial success is through "networking." Again, Robert Kiyosaki observed, "If I had it to do all over again, I would choose network marketing."
Business Investment For people who are interested in starting a home-based business, supplementing their income, and providing greater security for retirement and for their children and grandchildren, network marketing is an obvious choice.
Business Home Making Money Bruce Bailey, Ph.D.
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Dr. Bailey has transformed the incomes of scores of MLMers. His never-miss tactics have been used by thousands to turn their MLM dreams into realities! For FREE access to his e-course, visit http://www.myidealmlm.com
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