Network Marketing Information


Finding The Right Business For You: The Right Product


Okay - you've decided to take the plunge and get involved in network marketing. One of the key criteria that you will need to evaluate is the product that you will be marketing.

First of all - and this is not as blindingly obvious as it may seem - there should definitely be a genuine product. It should be possible to become a customer without joining as an affiliate/distributor. If there is no product, or if the "product" is only available to those entering the business, then the "opportunity" might well be a pyramid scheme.

Having established that there is a genuine product, the next question you need to ask is whether or not there is likely to be a genuine demand for it. Part of that answer will be decided by the price of the product. It need not be the cheapest on the market but it should certainly offer value for money when considering the specified features in comparison with similar competing items.

The acid test is to ask yourself "Would I buy this if I weren't a distributor?". Then ask "Who else would buy this?".

Assuming that you've achieved positive answers thus far, you now need to consider some of the more practical aspects associated with your potential product. For example, how is it delivered? Ideally, you are not going to be involved in the delivery process. This is a waste of your time - and it might limit you to a geographical area or cost you money in postage that could be better spent on advertising.

There are plenty of products which can be downloaded direct from a website. Many others can be shipped by mail or courier direct from the parent company to the customer - no need for you to get involved.

Finally, in an ideal world, the product should be consumable or disposable. It should have a finite lifespan which necessitates the customer to reorder if they wish to continue to enjoy the benefits. If the reorder process is by an automatic weekly or monthly subscription then so much the better.

Think about it - most people don't enjoy selling. Even some professional sales people regard it as a necessary evil rather than as an enjoyable experience. So it makes sense that, having stepped outside your comfort zone to make a sale, you benefit from this not just once but on an ongoing basis.

This is genuine residual income - and it's very nice. If you have a suitable product, reordered on a regular basis, then you can have a good idea of what your minimum income is likely to be each month. Any extra sales that you make are a bonus and mean that your business is growing - but you have a base level to build upon.

Some genuine residual income products and services are listed below:

  • Telephone calls and line rental.
  • Mobile phone supply, line rental and calls.
  • Electricity supply.
  • Web hosting supply.
  • Autoresponder supply.
  • Supply of any software which is rented or leased.
  • Property rental.

This is not an exhaustive list - I'm sure that you can think of a few more additions. Virtually any product or service which is supplied on a weekly or monthly lease/rental basis would qualify.

Here are the key attributes that you should consider when selecting your perfect product:

  • It should be disposable or consumable - providing you with residual income.
  • There should be a high demand for the product.
  • It should be easy to deliver - you don't want to see it far less touch it.
  • It should be competitively priced compared to similar available items.
  • It should be of a high quality with a low return rate.
  • Hamish Hayward
    http://www.selfstarters.co.uk/


    MORE RESOURCES:

    CieAura Announces Plans to Go Public
    San Francisco Chronicle (press release)
    Each of these current CieAura global markets represent countries that are in the top ten of revenue generating markets for Network Marketing worldwide. Ken Rasner, the visionary Founder and CEO of CieAura, shared his excitement about this action when ...

    and more »


    Southeast Missourian

    Direct sales or network marketing companies allow women flexibility, financial ...
    Southeast Missourian
    By Heather Collier ~ Flourish The direct sales, or network marketing, industry is big business. Need proof? Just look at Tupperware -- 65 years after debuting and carving out a place in pop culture history, the company still rakes in more than $2 ...



    CityWorth Brings Network Marketing to the Daily Deals Market
    MarketWatch (press release)
    CityWorth is a unique business opportunity that has combined the daily deals platform with network marketing principles allowing people to develop their own CityWorth business to grow their personal wealth. CityWorth offers individuals a flexible, ...

    and more »


    Sri Lanka's top driving school ventures into Social Network Marketing
    Sunday Times.lk
    “The school is ready to take advantage of Social Media Network Marketing and E-commerce to grab the attention of a tech savvy new generation of customers in order to promote the school and reinvent itself as an institution capable of embracing the ...



    LTS Nutraceuticals, Inc. Reinvents the Network Marketing Model with its Inline ...
    MarketWatch (press release)
    LAUDERDALE, Fla., Jan 17, 2012 (BUSINESS WIRE) -- LTS Nutraceuticals, Inc. (the "Company") /quotes/zigman/5097442 LTSN -12.61% , a developer and manufacturer of nutritional and personal care products, has reinvented the traditional network marketing ...

    and more »


    Students experience success, failure with network marketing positions
    Daily Nebraskan
    She has personally observed the recent trend of college students turning from more traditional jobs to network marketing, to make an income in today's depressed economy. "I think the reason why (this trend has become popular) is because it is more ...



    CityWorth Goes Live - Links Network Marketing to Daily Deals
    Daily Deal Media
    The company has gone live and introduced Social Network Marketing linked to daily dealing. CityWorth is not the first company to bring the network marketing concept to the daily deal industry, but they believe they can be the best.



    AME Info

    Top trends revealed at Digital Media Forum 2012
    AME Info
    The event served as a meeting point for industry leaders to share concepts and ideas, as well as forecast developments in the fields of social network marketing, e-commerce and e-education, mobile applications and digital media regulations.

    and more »


    Multi-Pure Wriggles Into an Emerging Market
    DigitalJournal.com (press release)
    Vice President of Network Marketing Regina Noriega cites its universal appeal, stating, “The wriggle is the water bottle for the modern lifestyle, perfect for children and adults, students and professionals, at home, at work, at the park, at the gym, ...

    and more »


    Cisco Partner Marketing Boss Tips Partners On Coming Cloud Marketing Blitz
    CRN
    By Chad Berndtson, CRN Cisco's partner marketing chief said VARs will play a key role in Cisco's new "Built for the Network" marketing campaign, and that Cisco will also be arming partners with marketing resources for CloudVerse, the cloud framework ...

    and more »

    Google News

    home | site map
    © 2007