There is a kind of direct promotion of goods and services to the market - multilevel (network) marketing or, in other words, marketing "from person to person." The essence of this type of marketing is that the manufacturing company is recruiting an army of independent distributors who distribute products, recommending them to friends, relatives and acquaintances. How realistic is it to earn something in this type of business?
Instructions
Step 1
Choose a network company that you will partner with. You may have to spend some time familiarizing yourself with the products and compensation plan of companies, of which there are many in the domestic market today.
Step 2
Pay attention to the product distributed by the companies (goods or services). The product must be exclusive (unique), high quality, in demand and located in the middle price category.
Step 3
Check out the company's marketing plan, also called a compensation plan. Ask the person who invited you to the business to explain in detail and in detail to you the specifics of payments for the work done.
Step 4
Read the terms on which you can become a distributor of the company. As a rule, the company offers the minimum requirements: to conclude a contract and buy out an inexpensive starter kit with the documentation necessary to build your business. From this moment, you will be entitled to a discount when purchasing company goods. In fact, this is one of the types of remuneration, since a distributor has the opportunity to buy a product at a wholesale price, which is sometimes 30-50% lower than the price for an ordinary consumer.
Step 5
Be sure to get training in direct selling and network building skills before you start making big money. In most companies, this training is free and consists of attending seminars, working presentations and individual work with a mentor to hone practical skills.
Step 6
After gaining the initial knowledge and skills, start offering the company's products to other people. These can be your relatives, friends, acquaintances and even complete strangers who potentially need and use the company's products. Give the person information about the product and invite them to try using the product on their own to assess its quality.
Step 7
You have every right to offer the buyer to purchase a product from you at the retail price, while the difference between your costs of purchasing the product and the price for the buyer is your profit. Once you get a few regular customers interested in a product, you can count on a relatively small but stable income from personal sales.
Step 8
The most attractive type of remuneration for a distributor is receiving commissions from building their own distribution organization. Unfortunately, this method requires an investment of time and effort in building a network. To do this, you have to sign several new distributors into your business structure, who must do the same.
Step 9
Over time (from several months to several years), while maintaining activity, you will receive a certain percentage of the volume of goods sold by your entire network. In some cases, the monthly reward of a successful networker can range from several hundred to several thousand dollars.
Step 10
When planning your activities in network marketing, keep in mind that your financial success is practically not guaranteed by anything and depends only on your desire, perseverance and willingness to constantly learn, mastering new skills and working methods.
