Network Marketing
By airnavigator
@airnavigator (369)
United States
May 4, 2007 11:12pm CST
I have seen a number of discussions on MyLot about making money but most of them seem to involve paid to read emails (PTRs) which I have tried but found that they take a lot of time and yield a very small return. Have any of you tried other things like network marketing where you are both selling a product on which you make commissions as well as recruiting others to join under you and you get commissions on their sales and often the sales of those they recruit as well?
I have tried a couple of these in the past without much success but would be interested in hearing the experiences of others in this area, especially those who have been successful.
6 people like this
6 responses
@SheliaLee (2736)
• United States
6 May 07
Hello!
My daughtr and I both sell BeautiControl makeup and skin products. We have had all kinds of success selling the products but so far I am the only one that my daughter has been able to get to sign up under her. I signed up to be able to get my products at a discount but I have also been able to make some sales which has thrilled me! My daughter and I are working as a team. She is starting to get some people to book parties for her and I believe that will help in her success. We are both looking for people to join our team so if you are interested just let me know and I will be glad to give you more information about it. You can also visit my website at http://www.beautipage.com/sheliaemccrary and find out all about our produts. I will be honest with you, I would not tell you that these are good products if I haven't used them myself. I don't believe in doing anybody that way. But I love these products. I have been able to tell a big difference in my skin since I have been using them and when I tell people about it the products pretty much sell themselves.
Hope you have a wonderful evening!!
SheliaLee
@airnavigator (369)
• United States
6 May 07
SheiliaLee, thanks for the comment. Actually, one of the things that makes network or multilevel marketing successful for the companies backing them is that most people do sign up to be able to purchase the product at a discount and not to sell to new members. While the big money is made by signing up people who will in turn sell memberships and sign-up more people it is the sales of the actual product that generate the revenue for the backers.
You will often hear the 80/20 rule mentioned in network marketing and this refers to the general tendency in network marketing for roughly 20% of the people to make roughly 80% of the money. This is because roughly 20% of the people aggressively sell the memberships while the other 80% simply buys the product.
To make the big bucks in network marketing you have to join early in the game when there is still a large market of potential sellers. Once most of the potential sellers have been recruited it is still possible to make money from product sales but not as much and not as fast and at this point the people who had previously been aggressively selling and promoting the company usually move on to a new company.
1 person likes this
@charlestchan (1415)
• Malaysia
6 May 07
i have not tried any of these.. but i do know some of my friends that successfully market their products using this way.. and they're making good money out of it.. i think it can be very successful.. and it depends on how you actually do it... most of the people think this is something like pyramid scheme.. but sometimes.. it's not like that.. some of the product is really useful and it's not fake one.. so.. you can actually gain the benefit the product.. and earn some money by selling it to others.. don't you think this is good? anyway.. i wish to be successful in such business too
1 person likes this
@douhaveitinu (63)
• India
6 May 07
network marketing...........the market which is growing very speedily.it is true that network marketing has made many people successful but equally many have ruined their life and money in it.network marketing doesn't assure you of your future.the basic thing required for this is that u should have good communication skills.u should be able to make new members in your market,convincing power matters the most.besides u need to have patience as it may take a long time when u become a rich man.the one profit which i find in it is that it makes new contacts and removes your hesitation and shyness
@airnavigator (369)
• United States
9 May 07
Good point. Success is not guaranteed and most people do not become rich but many who basically fail at this do learn some good communication and sales skills which can be used in other endevors such as when they interview for a job or work for an existing company in a position requiring regular contact with other members of the company or the general public.
As to people ruining their lives, the only ones I know of doing that are those who jump in and invest a lot of money initially and then either lose interest or discover that this is not for them. Like any other investment, you should check it out and start out small.
@hotsandeep (41)
•
6 May 07
yes this is right my lot take so much time and gives a small return.
1 person likes this