Your Business in a Box: What Is Network Marketing?
So you have decided to join a Network Marketing business opportunity, and you probably hear more than ever, what is network marketing?
Think back to the day you got started in your Network Marketing business. You probably spoke to an independent distributor of the business, saw the vision, and signed up.
I’m sure you spoke with a few friends, associates, maybe even members of the family. And then you got the inevitable question: What is network marketing?
Regardless of the specific business (Avon, Numis, Organo Gold), these network marketing companies provides high value tools for success. These include conference calls, calls scripts, and other business development tools. This is a benefit of the Network Marketing business industry.
What is Network Marketing vs. Other Types of Businesses?
In a traditional business, the business owner is expected to develop all areas of the business. This includes purchasing, retailing the service or product, shipping, marketing, management, etc. All of the business tools have to be provided by the business owner.
Then there is a franchise. Franchises are usually sold as a proven company with a proven model. This includes large chains like Subway and Home Care franchise businesses. The business model is ready to use with various tools and recommendations for success. Its like a business in a box, but with a very high price tag.
Is Network Marketing a Business in a Box?
A Network Marketing business can be compared to a franchise. However, the price is usually much lower to start. Just like a franchise, a MLM owner buys the system that is already in place. The products or service has already been tested and given a stamp of approval.
The business concept is ready to go. Its just needs to be marketed. Right?
What is Network Marketing: Do You Need a Business Plan?
Although you have a ready to go out the box business, are YOU ready to go?
The man or woman without a plan will land in unfamiliar territory. Ask, where do you want to take your network marketing business? When there is a specific direction you want to go, a plan must follow.
A Network Marketing plan should ask the below questions and more:
- What are my priorities in my business?
- Have I clearly stated my priorities?
- What am I striving to achieve?
- What are the reasons I want to achieve this?
- What is the future vision of my business?
- How do I communicate my vision?
- What are my core skills and values?
- How will I use my skills and values in the marketplace?
- Do I have a system to support the needs of my business?
- Do I have a system that will ensure team duplication?
- Do I have a system to simplify and automate recruiting?
- Do you want profit with internet network marketing?
- What is the 1st step to do online internet marketing?
What is network marketing business expectations?
Individuals start businesses because they want to succeed. It doesn’t matter if the business is traditional, franchise, or network marketing. When you are specific about the direction, the steps, and the realistic commitments…the results will follow. These steps will allow you to confidently answer the question what is networking marketing…
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Tagged with: internet network marketing • multilevel network marketing • network marketing business • network marketing companies • network marketing online • network marketing plan • what is network marketing
Filed under: Success Planning
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