How can a word-of-mouth industry grow so rapidly during a recession? If you didn’t know, network marketing has become a time-tested franchise model with a huge success history.
A Recession Proof Proven Business Model- Network Marketing
No longer should you ask yourself if it will work, as there are network marketing companies that are over 50 years old with sales in the multi-billions of dollars annually, some of which have created thousands of millionaires.
Of course not every network marketing company will succeed, but there are more successful companies now than there has ever been.
The secret to your success is knowing how to select a network marketing company that will go the distance and then learn the necessary marketing skills to move your business forward.
Network Marketing has evolved into the best business model for the current economy and the new internet marketplace. Unemployment is rising, millions are turning to a home-based business to supplement their income.
The boom has just begun; and network marketing fits very well into the internet culture. Network marketing is a business for all. We are involved whether we notice it or not every day of our lives. We recommend restaurants, movies, products and services everyday of our lives.
In-home buying has become very popular. People can purchase high-quality products directly from a website, have them delivered to their door, and enjoy a money-back guarantee.
The person that recommended the web site will most likely get a commission. Today, you can get a commission on almost anything out there.
And so it grows. The rising demand for products and services attached to compensation, coupled with million of people looking for supplemental income is what makes network marketing economy proof. This industry has gone viral worldwide.
When Lehman Brothers went out of business in 2008 and marked the beginning of the recession, many industries went down like a house of cards, but not network marketing. Many companies experienced growth as high as 24%!
Network marketing is a business that appeals to many people because the start-up costs and on-going overhead is very low and so is the risk. The industry is dominated by women (86%) who are career oriented or want make supplemental money working from home. Families can work together in the business, teaching the children about business, economics, finances and peoples skills.
The better network marketing companies offer complete turn-key systems. Think of network marketing like owning thousands of small franchises worldwide. Look around, franchising is the most successful business model in the last 50 years. Network marketing has many close similarities to a franchise, but without the high cost.
The mainstream media is positively exposing network marketing mainly because Robert Kiyosaki (the author of Rich Dad, Poor Dad) refers to MLM as the “business of the 21st century.
Warren Buffet calls it “the best investment I ever made,” referring to the 3 MLM companies he recently purchased.
Hollywood infomercial moguls and celebrities have network marketing companies. These huge names coming into the industry have helped legitimize once a misunderstood industry, which today has reach mass acceptance.
Author and business management expert Tom Peters, calls network marketing a revolutionary shift in marketing. Real estate billionaire tycoon Donald Trump owns an MLM company. In his book with guest author Robert Kiyosaki “Why We Want You To Be Rich” he refers to network marketing several times as the business to join for long term stability and huge financial rewards.
I hope you make network marketing your life. It’s a safe move! It has proven the perfect decision for me and I enjoy the benefits since almost three deades.
Happy networking!
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