Best Network Marketing Strategies – Hello friends, my name is Pinki Yadav, today I want to tell you through this article that about our best network marketing plan. So let’s start …
Network marketing plan
Network marketing or multi-level marketing started in India in around 1960 and 1970. To start this marketing scheme, Mr. Small plans small savings and earns money with big returns.
Apart from this, the rest of the scheme used to be stainless steel, jewelry etc. to its members and provides the people on registration. But I cannot say anything about this scheme, quite failed on the lines of the bureau. Also, May India did not even have that much money to invest in the scheme.
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The concept of network marketing in India is new, but it is very old in the world. The concept of network marketing was first started by Avon Company in 1886 in New York, which was formulated for women and beauty products.
Today, a lot of people are afraid of the idea of network marketing, but they do not see the real opportunity and profitability behind it.
What is Network Marketing ?
Network marketing or MLM is the medium of a thought business plan, with the help of which all marketing companies sell their products. If we see that network marketing is a very good business.
But due to some false and fraudulent network marketing companies, the name of network marketing has become infamous. Some of the MLM companies scam the money of the people and due to which the name of all network marketing companies is maligned.
In network marketing, people connect directly with the company and deliver the goods to the consumer. There is so much value in the business of network marketing that through this, thousands of millions of people can become a billionaire as soon as possible.
Benefits of network marketing
- Network marketing is a business that can also do part-time.
- This is an opportunity that can make business people do more work than full time.
- Network marketing students, housewives, personalities, and special people can also get a new life.
- This business can start a lot of work or even 0 investments.
- There is no infrastructure available in this business.
- No educational qualification is required.
Necessary skills for network marketing
As we have already read that network marketing may not require any degree or qualification, you can be in any field like medical, engineering, or design in any area.
Even today, many people feel that it is necessary to be a salesman to make a good marketer, but in reality, something else happens. To be a good marketer, it is not necessary to have sales, but it is important to have communication skills.
Information related to your product should be shared with people so that they can also be attracted to that product.
Network marketing process
The system of network marketing is more simple and it is also very easy to explain. Once you register with Network Marketing, then you become their associate, this does not mean that you are representing that company, rather it is that you are selling the product of that company further.
This means that you buy from the product company and then sell it to the customer. That means the difference between your buying and selling is your profit will be made.
Apart from this, to earn more profits, you can also recruit a new marketer besides yourself for the company, and with these you also get incentives. Apart from this, sometimes intern fees are also charged from new recruits, from this intern fees may be paid to those who have recruited them.
Network Marketing Income Plan
Before joining the network business of any company, the important thing is to know the compensation plan of that company very well, although there are many compensation plans but the most popular compensation plan is:
- Generation Plan
This is the oldest and safest compensation plan. Most of the big companies like Amway, Herbalife, etc. Uses this plan. According to this plan, the people at the upper level of the pyramid earn more and as the level of the people goes down, the earning of the people also becomes work.
- Matrix Plan
This MLM is the most popular compensation plan of marketing, according to this plan, the width and columns of the pyramid structure are fixed. With this plan only you can sponsor a select number of people means that you can make a representative.
- Binary Plan
In this Compensation Plan, you will recruit two people and they will recruit two more people and gradually a pyramid structure will be formed.
How to succeed in network marketing
Achieving success in network marketing is not a day or two of work. In this, you have to give some time and also have to be patient. You can be successful in network marketing, but for that, you need to keep a few things in mind.
- Choose the best company to succeed in network marketing. You will benefit only when you choose the right company. Suppose you have chosen a fake company and you went to work in it, then what would you do when that company ran away at the time of giving money. You will fail instead of succeeding.
- You must have knowledge about the network marketing company, the product you are selling. You will have good knowledge, only then you will be able to convert people well. You will be able to tell people well about that company and product.
- Apart from the information about that product, you should also know about the market trends. You should know what time people like which product more. If you sell any product that is used in the summer, why would people buy it?
- You are ready to fail in network marketing. This thing will take you to the very front. If you think in the beginning that I will do so much business or add so many people today, then it is a bit difficult to think and there is a lot of chance that you will fail. Many times it happens that despite your failure, some people want to join you. So in the beginning, I was a little patient and also ready to fail.
- After joining the network marketing company, the company gives you training, but many times this training does not work in your real life. For this, you will have to do a deep study on network marketing. Apart from this, you read a lot on business based to understand the mood of the customers, watch the expert’s video. This will help you a lot in doing this business.
- To earn more money in network marketing, it is important to have a good team. You should focus on building a good team in the phase of starting network marketing. You should take those people who may add more people later. If you have added some person who does not add more people later, then your earning will stop. And your hard work will also be of no use.
Network marketing can be a good business from which you can earn a lot of money. For this, you need to work hard. This is such a business in which you can earn more profits by investing money.
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Best Network Marketing Strategies