This allows you to take full advantage of the potential of word of mouth and saves you a lot of costs by not having to use sales representatives.
Network marketing is a fairly old type of marketing that consists of the distribution and sale of a company’s products and services through individuals.
Sounds good, right? Well, read on to find out what exactly network marketing is and what tactics exist.
What is network marketing
Let’s start by defining exactly what network marketing is .
It is a legitimate business model in which products and services are sold directly to the consumer, thereby eliminating all the intermediaries that make the merchandise more expensive.
In this case, you as a user obtain the license to market the company’s product portfolio in a given territory. Once you make the investment, you can sell to other people and recruit those who want to replicate the model .
Does it work? Yes, according to the Direct Selling Association, the sector moves about 1.8 billion dollars a year if we count all the countries involved.
The truth is that no one doubts that it is a Gambling Number Data legal model. The problem is that some associates of these companies employ practices that are unethical , even breaking personal relationships.
Tactics used in network marketing
Would you like to know what are the most used strategies in network marketing ? Check out the following list that we have Vietnam Phone Number List prepared for you:
1. Make a list of prospects and clients
When you enter network marketing, the first thing they suggest you do is make a list of candidates. Therefore, it is necessary to empty allpeople you know and add them to a piece of paper.
The idea is to rate each one to determine who has the greatest prospect potential, who is a candidate to consume the product, and much more.
Now, is this a tactic that works? Yes, the reality is that you cannot hope to be successful in network marketing if you don’t make a list.
2. Talk to everyone
Ok, this is where the problems start. Often, the list only shows a few interested people, so some people decide to talk to all their contacts to see who “falls” for the opportunity.
It is one of the most rejected practices , and nobody likes to be someone’s prey. This causes negative reactions in friends and family who are not attracted to the proposal.
3. Use prospecting tools
Using prospecting tools is an innovation that is here to stay in network marketing. These are digital materials that serve as a filter to determine who is ready to start and who is not.
Ideally, your support team will provide you with the alternatives that they consider to work best. These include:
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Audios.
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Videos.
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Brand experiences.
4 Advantages of network marketing
Network marketing offers many advantages that need to be evaluated. Some of them are:
1. Additional income
Yes, this is the first reason why some people choose network marketing.
The reality is that it is an attractive opportunity to earn extra money, since the investment is low and the risk is limited if you know how to advise yourself.
If you compare it with other business models, you will realize that there is a good chance of increasing your income by at least 100 to 300 euros.
2. Quality products
One of the characteristics of companies that are part of marketing networks is that their products are of excellent quality.
Since there are no middlemen, they use the surplus that was previously spent on advertising to create more innovative methods. Therefore, you will find innovative products that meet the needs of the most demanding customers.
3. The schedule is usually flexible
Who hasn’t gotten tired of being stuck in an office working a schedule? Many, actually. This makes network marketing an attractive opportunity.
When you enter, you will realize that you do not have any employment relationship, since the contract you sign is purely commercial. You earn according to what you and your team produce, nothing more and nothing less.