Network marketing blog

Information on network marketing, also known as multi level marketing

Sunday, October 31, 2004

Network marketing compensation

One common misconception about network amrketing is that only people at the "top" make money because compensation plans don't reward everyone equally.

This means that when choosing a network marketing opportunity, you need to find one that compensates everyone, especially you. That's why I like Nuskin network marketing; Everyone earns the same commission for the same success. So if a Nuskin business owner sells a bar of soap, she or he gets the same commission whether he joined Nuskin 20 years ago or 20 days ago. It's also possible for a person marketing Nuskin products to be more successful than his/her sponsor. Nuskin compensation really rewards you for recruiting people into your organization. If you create a more successful organization that your sponsor, you will make more money than your sponsor.

As always, I can help you decide if a network marketing opportunity is right for you. Email me at jtrotta@gmail.com

Saturday, October 16, 2004

Does Network marketing work?

It clearly works for some companies. Nuskin's balance sheet looks quite healthy: the company has $170 million in cash with $145.5 million in long-term debt. Nuskin has an enterprise value of $1.1 billion and earnings growth projections of 10 to 15%.

George Bush is using a Network marketing like system, organizing networks of volunteers to increase voter turnout among Bush supporters.

Ultimately, it's the product that determine's the success of network marketing. Or let me put it another way: network marketing is always successful at spreading the word. People still have to like what they hear in order to take action.

People like Nuskin products, so networks of people spreading the word are highly effective. People learn about Nuskin products and then buy them. Bush is relying on his volunteer networks to spread the word. People are learning about Bush and his message. If they like the message they will take action; they will vote for him.

Choosing network marketing

My wife and I have a friend who recently quit a high paying job to start network marketing. He felt he could make more money through network marketing. His sponsor is making around $10,000/month.

At first I was thinking that my wife would do network marketing while I kept doing what I'm doing (I'm an English professor). But the idea of building a business makes a lot of sense.

We employees have to work more if we wnat to earn more. For example, the more hours I teach, the more money I make. This isn't the case for business owners.

Once you build up a successful network marketing business, you can work less and less with no drop in earnings. You'll probably see an increase in earnings, even as you spend more time on vacation.