Network Marketing As A Business
Many people often ask me how Network Marketing can be a business? I often wonder the very same question. How could it be a business? Network marketing is a method of marketing. Right? Are we not talking about an individual marketing style? I would say YES! Network marketing is simply one specific way to market a business or opportunity.
Network Marketing As A Business- Impossible!
If you agree with me and apparently Wikipedia. Now you can take a look at network marketing as a function of a business. Many business models use this type marketing. You will find every product and service that you can imagine being marketed using networking. You may also have heard the terms multi level marketing or direct sales. Both of these terms are commonly used interchangeably. So it would be very difficult to say network marketing is my business. Rather you would most likely say I use network marketing to market my business.
[video_player type=”youtube” width=”560″ height=”315″ align=”left” margin_top=”0″ margin_bottom=”20″]aHR0cHM6Ly93d3cueW91dHViZS5jb20vd2F0Y2g/dj16MVZaUUZmUHd1NA==[/video_player]
Network Marketing Is An Option In Business
Network marketing is a technique used to market a business. You could even use networking to sell a product or a service and begin to create a business using this type of marketing. Think about a simple networking event that you may attended recently. Or maybe you are single and have attended a live mixer. These types of events are a great example of networking. Now imagine that as a business owner you could start to market a product or service to those individuals. That is the idea of network marketing. You can find out more about exactly What is Network Marketing to get a better idea.
Check out the Stats! (Direct Selling Association & U.S. Census statistics):
-Someone starts a new home business every 10 seconds (U.S.).
-15.8 Million people working from home full-time (U.S.).
-Another 38 million or 12% of the total population working from home part-time (U.S.).
-8,493 new home businesses open every day (U.S.).
-Increasing by over 600,000 people per year (U.S.).
-82% of distributors are female and 18% are male (U.S.).
-By 2015, it is estimated that 50% of homes will be involved in the MLM Industry (U.S.).
-$28.56 billion in Direct Sales (Network Marketing) in 2010 (U.S.).
-23% of all Network Marketing sales are related to the Wellness Industry (U.S.).
-Average work from home income $59,250 per year (U.S.).
-20% of home based entrepreneurs said that their business grossed between $100,000 and $500,000 last year (U.S.).
-Home based business wage earner’s success rate is over 85% compared with small businesses like retail shops and restaurants, at about 95% failure rate after 5 years.
-84% recommend working from home to others (U.S.).
-29% work at home with other family members (U.S.).
If you thought the United States Network Marketing statistics were good, the World-wide MLM statistics are MASSIVE!