Can you believe that network marketing is a business model that has been around for 50 years? However, the way businesses are built today has changed dramatically thanks to the Internet. In this article, we’ll look at three reasons why network marketing is a good home-based internet business opportunity for you to get into.
1. You can earn a lot of money in 2 different ways. To do this, it sells products at retail. Building a distribution of your own and profiting from the purchases and sales of everyone below you is another way to make money.
Selling products at the retail level is smart because it gives you cash flow to build your business. Some network marketers prefer to just sell products at retail and earn a couple of hundred dollars a month in profit.
It is possible to create a six figure income as a network marketer by building a downline. Eventually, you can develop a residual income that allows you to withdraw and live on the money you earn each month from your network marketing business.
2. You can build your MLM business without leaving your home. This includes prospecting and signing up new distributors, as well as selling products to customers.
Most network marketing companies offer a system to build your business. This includes getting leads, qualifying them through an autoresponder, and then following up directly with serious prospects.
It also includes training via webinars and archived online training. You can also use online tools like Skype to communicate directly with people by phone around the world for free.
Thanks to autoship, selling products online is easy. When a customer joins your autoship program, they are automatically billed each month. The MLM Company collects the money, ships the product, and pays you your commission.
3. You can join more than one network marketing company at a time. This is one of the reasons people can make six and seven figure incomes as network marketers.
In the past, I never would have had the time to prospect and enroll new distributors more than once. You can join multiple MLM companies and build as many online businesses as you want today thanks to automation.
In short, these are 3 reasons why network marketing is a good home based internet business opportunity for you to get into. A smart way to do network marketing today is to use the internet to make money on both retail profits and building a downline.