Welcome To The World Of Internet Marketing. We Shall Be Looking At Affiliate Marketing & Network Marketing. Which One Is For You?
Network Marketing – When it comes to online marketing there are many variables, that is to say there are many options you can choose as to how you will make your money.
Some choose Affiliate Marketing as seen above and there are scores of offers and platforms you can use to help you become a success in that field.
We are however looking at Network Marketing which until recently had been given a very bad name due to many unscruptulous practices in the industry by associates and company owners.
Network Marketing is not the easiest of choices when it comes to pursuing an online career in marketing, but it can be the most lucrative and therefore should be strongly considered.
When you join an MLM (Multi Level Marketing) company, there are a number of points you need to pay attention to. For starters let me say now that networking is not an easy task, but it pays better. In a nutshell, we are told or advised to make a list generally of everyone you know.
Then you reach out to everyone on that list to share what you are doing and to get people involved. While this has worked for many, it does leave some without friends at the end of the day.
With Networking as the term implies, you are involved basically with building a team. A team of like minded individuals like yourself, who share the same passions and goals.
The Right System For Duplication
Most Network Marketing companies have systems in place which help associates to properly identify their target market and carefully sort for the right people for their organisation.
Once a company has a solid duplicateable system in place for associates to follow, then success is more readily achieved and can easily be duplicated by the team one is building.
I will also add here that one of the most important perks associated with Networking is that your income is derived not just from your own personal efforts , but also that of your team. That’s Leverage working for you.
This is why Networking pays better. You leverage the ability to earn far more when it’s not just you contributing to your income as is the case with Affiliate Marketing.
With Network Marketing, even though there is a risk of more rejection than hearing a “YES” to your offer, it should be noted that every contact you make is a possible future “yes” even though you might have gotten a “NO” up front. Circumstances change and so do people’s minds.
I’ll wrap up here by saying that with Network Marketing it is all about relationships. People most often will gravitate to whom they know, like and trust. The more you take interest in the lives, needs and well being of your prospects, they will be led to trust you and will want to do business with you.
Be reminded that essentially you are here to help solve problems. You are not here to sell. Work on your sorting skills and your mining skills as you seek worthy prospects, but you are still with a view to helping solve a problem or provide a solution for that which troubles them.
Your company whose product you are promoting may not actually help the issue, but the money that can be earned might.
So this is why you must take time to learn the facts and not be too quick to sell. In Network Marketing we don’t ever sell. At least not like in Affiliate Marketing where they need to rack up sales.
I hope this information has been of benefit to you and I will focus in more detail on the topics here in future blog posts.
Here are two powerful quotes from Microsoft founder Bill Gates:-
“If your business is not on the Internet, then your business will be out of business.”
His second quote is an acknowledgement to the business model of Networking.
“If I would be given a chance to start all over again, I would choose Network Marketing.”