Network Marketing - 1296 Words

The simplest explanation of network marketing is that it is a method of marketing that depends on independent representatives to reach potential customers that a company otherwise would not reach with traditional online or offline marketing methods. In order to accomplish this, network marketing companies and their associates recruit individuals I.E. â€Å"their sales force,† How often have you seen ads on television that use the term, â€Å"Independent Insurance Agent or Associate?† Yet, as we watch these advertisements we naturally assume they are employees of the company, when in reality they are independent business owners! No doubt you have noticed as you have driven through your neighborhood many of these small businesses, they have†¦show more content†¦In Network Marketing we help and assist others in building their business. We are also leveraging their time, with each of us is gathering customers along the way. Hence the name Network. We get paid for this because we are assisting, coaching and helping them to establish their business. Helping them to reach their goals for their financial future. So Its only right that we also get paid for our time? Lets take a look at a typical employer in a service industry with 100 or more employees. That has a labor rate of 60 dollars per hour. The goal of our employer is to keep each employee active and busy for each hour paid. Out of this once all the costs of doing business are factored in such as wages paid, health insurance, unemployment insurance, federal taxes, state taxes, fica taxes, permits, maintenance, housekeeping, the list just goes on and on. The employer may get to keep 5 to 10 dollars per hour of that labor rate. In Network Marketing, we have our initial start up costs anywhere from just a few dollars to several hundred dollars. Where most network marketers fail is they feel that they don’t need a marketing budget for advertising, they don’t seek out the education required to succeed. One of the important things to remember is, you are in a real business, you no longer have a boss holding you accountable. Your network marketing success or failure is dependent upon youShow MoreRelatedSocial Network Marketing And Social Networks3139 Words   |  13 PagesSocial Network Marketing Introduction Marketing in general it is the process to determine what products or services can be of interest to customer. Social networks or Social Media help in improving the marketing of organizations to new insights about the brand, which offers innovative ways to implement the basic marketing programs, as well as new methods to win in online discussions of important business. Social network marketing is an attempt to use social network to induce consumers that one sRead MoreNetwork Marketing2933 Words   |  12 PagesWhat is Network Marketing? Multi-level marketing (MLM), also known as Network Marketing, is a business-distribution model that allows a parent company to market its products directly to consumers by means of relationship referrals and direct selling. Independent, unsalaried salespeople of multi-level marketing, referred to as distributors (or associates, independent business owners, franchise owners, sales consultants, consultants, independent agents, etc.), represent the parent company and areRead MoreMarketing Analysis : C Network1737 Words   |  7 Pagesthe ways I plan to market the â€Å"T.G.C Network† will be strictly online. The main market strategy technique the I will use to market T.G.C Network is by blog marketing. Using blogs strictly geared toward the fashion and model industry, I will post about T.G.C Network and all it has to offer, as well as updates, and news. That way I am reaching only those that are interested in the modeling industry. I will also use Pinterest and YouTube to market T.G.C Network because models use these two medias toRead MoreMarketing Is A Complex Network Of Processes819 Words   |  4 PagesThe average person may not realize that marketing is a complex network of processes; not just product advertising (Kerin, Hartley, Rudelius, 2011). One might think of marketing as just the product advertising side of things in the world of goods and services. A large amount of people might not understand that marketing is a much more diverse set of steps, not just billboards and commercials. Marketing is the process that covers product distribution and concepts ranging all the way from realizationRead MoreMarketing and Online Social Networks1846 Words   |  8 Pagesfocused differentiation strategy. It focuses on singles seeking a serious relationship and long-term compatibility. It distinguished itself from other sites by using a unique matching algorithm. They have also invested substantial resources into marketing and RD. Problem Statement: eHarmony has opened the door to their competition by declining potential customers as a way to ensure quality control. eHarmony s CEO must decide how to react to imitations of its business model, encroachment by competingRead MoreNetwork Marketing And Its Strengths, Weaknesses, And Middle Ground1446 Words   |  6 Pagesa site about network marketing though having been a part of 6 of them in the past, I ve both made and lost money and can give you some unbiased thoughts on Network Marketing. Most especially I want people to understand that affiliate marketing and network marketing are not the same thing at all. I ve had many people ask me about Network Marketing and for some of my close friends and relatives they could tell you that, in the past, I have gotten wrapped up with some. Being a network marketer is notRead MoreSocial Media Marketing : A Social Network2042 Words   |  9 Pagesbusinesses with actives pages on the social network† (Ha, 2014). Social media marketing can be helpful company that is struggling with money because instead of spending costly amount of promoting the company they can now focus further on the product. Social media marketing still takes up a good amount of time, although it allows the consumers to find additional information concerning a company or product by simply â€Å"following† or â€Å"likening† a social network page. Social media is exceedingly beneficialRead MoreThe Impact Of Marketing On Social Networks1930 Words   |  8 PagesThis paper analyses the main issue for using marketing in social networks. First, it will discuss about why companies are interested in having an advertisement on social networks platforms. Second, it will identify the main issue for using marketing on Facebook, Twitter, LinkedIn, and YouTube based on technology and management. Third, it will provide some solutions for companies to follow up their customer’s requirement and feedback on social netw orks. Finally, it will evaluate these solutionsRead MoreA Research On Social Network Marketing3376 Words   |  14 PagesSocial Network Marketing Introduction Publicizing when all is said in done it is the methodology to make sense of what things or organizations can be of excitement to client. Casual groups or Social Media help in upgrading the elevating of relationship to new bits of learning about the brand, which offers inventive ways to deal with realize the key publicizing undertakings, and also new methods to win in online dialogs of basic business. Casual group promoting is an attempt to use interpersonalRead More10 Steps Of Network Marketing Online Success Essay1186 Words   |  5 PagesTo Network Marketing Online Success By Billee Brady | Submitted On May 05, 2011 Recommend Article Article Comments Print Article Share this article on Facebook Share this article on Twitter Share this article on Google+ Share this article on Linkedin Share this article on StumbleUpon Share this article on Delicious Share this article on Digg Share this article on Reddit Share this article on Pinterest Expert Author Billee Brady I just want to start out by saying that network marketing online