Network marketing is like word-of-mouth advertising - important for every business. If you like a product, you recommend it. If someone buys the product, you get compensated for it. Your wealth and network build simultaneously as your client base and business partners do the same thing, sharing with their friends and family.
Network marketing is a distribution model in which sales representatives are compensated for sales they generate, and also for sales made by team members they recruit. This is leveraged income versus linear income.
Facebook stats suggest that each individual has a network of approximately 135 friends, so one recommendation has potential dark market reach in the thousands. That’s a healthy start! Not to mention all the other social platforms.
There is now more opportunity than ever before to connect with people all over the globe and spread the word via social media. All I have done to grow my organization is use and share a product I believe in and coached others on how to create their own online stream of income.
"The richest people in the world look for and build networks, everyone else looks for work.” - Robert Kiyosaki
I couldn’t agree more. Put simply, Network Marketing, or Social Marketing, just requires us to find a company you align with based on what is right for your lifestyle, try the products or services and then share them.