Yes, many people have becoming skimble-skamble with network marketing and are in deep confusion. So why choose network marketing?
With the research on this blog, it is my goal to inspire you to find more into a deeper you with a new interest. Let’s take a look at what is network marketing, the history, why more companies are using this business model of network marketing, and who, what type of person is involved in network marketing.
What Is Network Marketing?
Network marketing is an industry made up of people working together to create teams. The business model came about in a perfume company back in 1887 with Mr. McConnell. One of the oldest companies took hold of this business model, which is how Avon is known for today. Then in 1932 Wachters came about. A company that is known to bring out the industry is Amway. More people turned to the phrase, pyramid scheme from this company. Where in fact all legitimate business models are shaped like pyramids with the business owner on top. There are companies created everyday using this business model.
You can find the most recent new companies on a site called Npros.com. They list 1,189 companies in the industry today.
Why More Companies Are Using The Network Marketing Business Model
The Direct Selling Association publishes the industry statistics:
77% of sellers have been with their company 1+ years
80% of sellers say direct selling meets or exceeds their expectations
85% of sellers report a good, very good or excellent experience with direct selling
74% of US adults have purchased products from a direct seller
15.1 million people in the U.S. are involved in direct selling
$29.6 billion in total US sales
$114 billion sales worldwide
That is impressive to see a business model that has achieved $114 billion in sales.
CEO’s of network marketing companies, like Bill Farley understand the growth that can become stable in this industry. Bill Farley knows business when he has already created Billion dollar companies like Fruit of the Loom, Anaheim Angels, and Jordache Jeans.
Who and what type of person can be involved in network marketing?
According to the DSA (Direct Selling Association), 82% of the industry is made up of women. Many women looking for part time work that could create a full time income. Many products in the industry also target women. People that are serious plan to take over cities, and even countries. Everyone involved must have a common interest of why. They find this industry in many different ways. Most like to build on the hype of this fashion. Have you heard of the 21 year old that was homeless and lived in his car and in 3 months, he created a five figure income? What did he seriously do? Anyone can be successful in this industry. You do not need a certification or even an education with a degree. All you need is to share value. Learn as you go with the relationships around you. Simply provide solutions that people what to take business to new levels, who really want a change in their life. That is why it is vital to create a reason why you are committed to make that change, create your business for success.
Inspire others in return can inspire you to learn what is network marketing, when it began, the business model, and how you can be involved is simply find one involved and follow the leaders of the industry to follow success, just like they did.