Pros And Cons Of Network Marketing
If you are tired of the usual nine to five job routine, you may be looking for another way to make a living that provides more freedom and flexibility than you currently enjoy. For those who enjoy the challenge of sales work, network marketing offers an exciting opportunity to get in on the bottom floor of a new business and work your way to the top. The way it works is that you will network with several other individuals to sell a product that consumers use on a routine basis, such as food, clothing, car fuel, etc. Working collectively, you reach out personally to a few customers at a time, usually people you know such as family members and friends. As your client base begins to grow, you will earn more profits and gradually attract people to work under your supervision, which further boosts your potential income. The plus side of this strategy is that you can work as quickly or slowly as you wish, and you can contact only the people that you think may be interested in your products. Using collective psychology and campaigns, you will be able to tap the expertise of your collaborators if you run into problems or quickly gain many new customers. The negative side is that a business of this type is fairly speculative. Promotional literature recommends that you keep your day job and expect to invest three to five years before you receive the type of income you hope for. Some people never reach that level. Others invest their allotted share of a few hundred dollars, put in a few years of work, and call it quits, deciding the effort and uncertainty aren't worth their time. Before getting involved in a network marketing program, check it out with the Better Business Bureau first. Try to look at it more as a hobby than a job, so you can be patient in building up a customer base. And be prepared to exit before sustaining any huge losses of time or money.
Most Popular Articles
- Back Pain