What is Network Marketing
September 22, 2009 by Jackie Ulmer
Filed under Network Marketing/Direct Sales Blog
What is Network Marketing? Network Marketing is a system of doing business that involves Networks of People who use and recommend products, and then sponsor and train others to do the same.
Once you understand it, you’ll see why Robert Kiyosaki calls it “The Perfect Business!” And, it really is. It’s an equitable form of developing a business and teaching others how to do the exact same thing.
What is Network Marketing? What is MLM? What is Direct Sales? How about Party Plan?
Great question; and one that many have a hard time explaining. They all differ slightly.
First, Direct Sales encompasses all three of the others. Every Network Marketing, MLM and Party Plan company is involved in Direct Sales. They are all part of the industry or Direct Sales.
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Direct Sales – M.L.M. – Network
Marketing Let’s define these - Direct Sales
Network Marketing/M.L.M.
Party Plan
They are often used interchangeably and do
have some distinct differences. Direct Sales encompasses both Network
Marketing and Party Plan. So, basically all companies of these types
are Direct Sales companies. Network Marketing has been more thought of
(in recent times) in terms of build a team, and use your auto ship for personal consumption. Most network marketing companies have a wholesale cost on their products that FAR exceeds what the public is willing to pay, so there is no “retail-ability.” Thus, the personal consumption model. And,
because many of these companies pay large bonuses in their comp plans, $150-400 monthly auto-ships are not uncommon. This is something you must know and be
careful of. Then, there is Party Plan. So, educate and research before After 9 years in the |
Did you know that in just a few hours a week, you can create a major second income that continues to increase over time? In fact, with persistence and commitment, this income could soon replace your current full time income. It could even create a lifestyle of the rich and famous.
That is Network Marketing; Direct Sales.
