Building Your Financial Future From Your Own Home! Is It Really Possible?
By Dan Cooper
Building Your Financial Future From Your Own Home! Is it Really Possible?
Ø Every 11 seconds a new Home Based Business is started in the U.S. alone!!!
Ø Statistics Reveal, that it is estimated by the year 2005 over 100 million households will have their own Home Based Business.
Network Marketing (also known as multilevel marketing or MLM) is a strategy for selling products or services whereby independent sales representatives are required to gather a relatively small group of customers. Once they gather their own customer base, they then recruit other sales representatives and show them how to do the same (gather customers), thus growing the organization. Each sales representative receives commissions on the services that their own customers use as well as on the sales of other customers within their organization. Some companies also pay these representatives bonuses for each new customer they gather and/or representative that they recruit. Many of these independent representatives are earning commissions in excess of $10,000 per month. Network Marketing has proven to be the easiest and least expensive way for companies to spread the word about their products, and for individuals to start earning a living out of their own home.
Many companies are changing from their traditional advertising campaigns to this type of marketing. Why? There are many benefits for the company. First of all, Network Marketing companies do virtually no advertising. It is basically "word of mouth" advertising through the thousands of independent representatives. Many large companies that use conventional marketing methods spend millions of dollars a day on advertising campaigns (many of which use celebrities) to market their product or service. These advertising costs are eliminated with Network Marketing. Next, Network Marketing companies tend to build a much more loyal customer base. Each representative is expected to gather only a small group of customers who are typically made up of family members, friends, and business associates, thus creating a more loyal and long-term customer relationship.
A loyal customer is one benefit that representatives of a Network Marketing company also enjoy. Once they have their background of loyal customers, they seldom ever have to find more. Another benefit is that they are able to work out of their own home, instead of being tied to an office or warehouse, and therefore are able to spend a lot more time with their families. As Network Marketers, representatives make their own work schedules, working on a full or part-time basis and getting paid for the time that they put in. Tax deductions are another great benefit that comes with a home based business. Any costs that are directly or indirectly related to that business can be deducted off of any taxable income.
So, whether you are a company looking to improve your marketing plan or someone looking to improve your current lifestyle and financial situation, Network Marketing is definitely something you should take a very close look at.
I hope this information was of value to you, and good luck with your future.
See you at the top!
To learn more about how "you" can build "your" financial future right from your own home visit: http://www.mlmreporter.com/thinkfuture mailto: firstname.lastname@example.org
Dan Cooper, Regional Training Director, Excel Communications
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