Frequently Asked Questions
Network Marketing or Multilevel marketing. It is a business model where the company finds an intermediary to sell their product to end consumers and the intermediaries earn the commission based on the personal sale and they also recruit new members or downlines to the business and new members, in turn, recruit another downline and it goes like a chain process. The intermediaries also earn the commission for the indirect sale happened through their recruits.
Yes, You can start your Network Marketing business in a part-time basis without giving up your current source of income until your Network Marketing business is generating the income you require, Network marketing is the business of the future where no capital investment is needed nor any risk.
I also started my Network Marketing Business as Part-Time with my IT job and earning a good income, when you start this business keep in mind that you have to be consistent with patience, then as part-time also you can get great success in this business model.
Yes, You Can,...
This is a common objection in network marketing people thing that need to sell the products, but it's not like, I am definitely not a salesman.
you no need to be a sales person to get success in Network Marketing, Network Marketing is simply about sharing the concepts and products of your Network Marketing company that you use.
This is a business of sharing, educating, and serving. Yes, sales take place, but you never have to be good in sales to make this happen in today’s world of tools. It’s so easy to share the information and then help the people who are ready to take action.
You can start network marketing business without investing much money or even zero investment, You don’t require infrastructure such as a dedicated office for network marketing business.
Network Marketing companies require you to first purchase some products to activate your Membership ID approximate $100). Anyone can afford this amount of money without affecting their current lifestyle.
Network marketing isn't a pyramid scheme, This is a real Business Opportunity.
What is Pyramid :
Pyramids are programs similar to chain letters where people just invest money based on the promise that other people will put in money that will filtrate back to them and somehow, they'll get rich. A pyramid is strictly a money game and has no basis in real commerce. Normally, there's no product involved at all, just money changing hands. Modern-day pyramids may have a product, but it's clearly there just to disguise the money game.
Network marketing is a legitimate business. First, it's based on providing people with real, legitimate products they need and want at a fair price. While some people do make a lot of money through network marketing, their financial benefit is always the result of their own dedicated efforts in building an organization that sells real products and services.
Yes, You Can...
The First & most important thing to be successful in network marketing is that most of the people in MLM are failure only 5% are a success, so whats the reason, why many people are unsuccessful, They don't have a clear purpose of Joining with Network Marketing Business..
What is your Dream this is the most important factor which is directly related to anyone success in Network Marketing be clear with your WHY Part then How will become automatically. ( when your WHY is clear then HOW is not a big deal ).
No doubt that Network marketing is an awesome business opportunity. this is the only business which you can start without making much investment.
The report was published in 2015-16 when the industry was Rs. 80 Billion, and in just 5 years in 2019-20 the industry is going to touch Rs. 236 Billion.
A report by KPMG and FICCI states that India’s direct selling business may have a growth of Rs. 645 Billion by 2025.
As per the report, the Direct selling business has reported over 16% of growth in the last 5 years and is expected to have higher growth in the future.
Currently, in India Network Marketing is in the growth phase and it seems to have potentially high growth in the future.
It is the best time to invest in a Direct Selling Business now at the growth stage, rather than waiting for the maturity stage.
One of the best thing you get in network marketing is the opportunity of earning passive income and a security for your family.
Everyone has different goals, What you feel is success is not the same for some one, the definition of success will vary from person to person.
Network Marketing Business is not a Easy Business, but it is very simple business, fist you need to learn the business opportunity and personality development skills.
You can become successful quicker if you are willing to take massive action and build your team quickly.
Network Marketing has been around for over 80 years. In 1934 California Vitamin Company came up with a concept of Multi Level Marketing. This company started out as a direct sales company signing up sales people that would use the product for their personal use and sell to it to their family and friends. In the process they would earn an extra $50 per month which was a substantial income at that time.
The basic objective of traditional as well as network marketing is to sell the products to customers.
Traditional marketing involves mass media advertising and sales promotion which increase the prices of the products.
Network marketing which cuts the cost of advertising and result in lower prices of the products. Traditional marketing requires recruitment of many employees for different functions which is opposite of network marketing which does not require any employee.
Network Marketing contains several advantages like low start up cost, low risk, unlimited income, opportunity for setting up own business.