Category: Network Marketing

Network marketing is becoming a popular marketing trend these days. This article covers what is network marketing. We also discuss its scope along with advantages and disadvantages.

The scenario of network marketing was at its climax in the last decade.

Network marketing, multi-level marketing, cellular marketing, affiliate marketing, referral marketing, home-based business franchising, and consumer-direct marketing – all are of the same phenomenon.

The simplest definition of network marketing is – a business model that requires a distributor model to make a business flourish.

Network marketing companies mainly pay their associates for linking more and more people to their business plan and partially for selling a product and earning a profit margin.

Such companies enforce direct selling where the product is directly made available to customers without any middlemen or retailers.

Customers can also register within the company as sellers and start earning money by recommending the company’s products to their network or making people join the company’s business plan.

The motto behind network marketing is to help an energetic and hard-working person with business potentialities and a negligible amount to invest can make a big profitable business. It is otherwise, called ‘Pyramid type of a business’.

Network marketing is a less expensive way to promote your products and build up a brand. But, like any other thing, it too has its pros and cons.

Nevertheless, if you have created a good product that really solves the problems of your consumers, no one can stop you to be successful. People will eventually love talking about your products.

A great product that is reliable and genuine will definitely boost up sales through network marketing.