Network Marketing is a great way to start your own little business, without the overheads normally associated with a start-up. There are no premises needed, no stock, and no staff. You work from your own home.
You can earn a little extra money in your spare time, or earn a lot of money by putting more time and effort into it. It is up to you. There is no boss telling you what to do, and you have the freedom to fit it around your other commitments – like your full-time job, or the school run etc.
How does Network Marketing work?
There are usually two sides to a network marketing business:
- Team Building
The retail side consists of sharing and recommending products to people that you know. You do not need a shop, or a market stall. You just order products from your supplier, as you need them, and supply them to your customers. You make commission on your sales.
With some businesses, this commission is small, and you don’t make a lot of money from the retail side. With other businesses, you can retail lots of product, and make a lot of commission from that side of the business.
By far the biggest incomes in Network Marketing come from the Team Building side.
The team building side consists of introducing other people to the business who also want to earn some extra money. They can retail the same as you, and they can team build the same as you.
YOU earn extra commissions on THEIR sales, as well as your own.
Imagine if you introduced five serious people to your business.
Then what if, in a few months, they each introduced five serious people,
Then after a few months, those people introduced five serious people,
Then they introduced five each,
Then they introduced five more each.
By then, you would have almost 4000 people in your team. This is the NETWORK in Network Marketing.
…and you earn commission on sales from all of those people.
As you can imagine, you can earn a LOT of money if you build a big team.
Here is a short video that explains it a bit better… ( I hope!)
I hope that all makes sense. If you have any questions, please get in touch.
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