NETWORK DREAMZ

Friday, April 24, 2009

Checking Tips

Before signing up into an direct selling company be sure to verify
1.the track record of that company, because the company should have enough experience to help you.
2.the products the company offers, because they should be easily consumed by every average person.
3.the quality of the products, because in Direct Selling only products with high quality offer a long term business opportunity.
4.the range of products, because the products should bring repeated sales to the distributor.
5.the performance incentives and rewards the company offers, which should be encouraging to work for long term n keep the efforts focussed.
6. the education system it offers to improve your personality.
7. whether it is approved by WFDSA(worldwide), or IDSA(in india)
8. lastly the successful distributors in that company.

But be careful while taking a suggestion from your friend, whether he is well informed or ill informed of the direct selling industry.

Some of the well-known and successful companies in this industry.

1. Amway Corporation.
2. Avon.
3. Herbalife.
4. AMC cookware.
5. Forever Living Products etc.

Wednesday, April 22, 2009

Differences between Direct selling and Pyramid schemes

It is more important to know the exact differnces between the legal Direct sellers n the illegal Pyramid schemes. Some of the noted differences to make u clear before u sign up for one.

1) Are you required to "invest" a large amount of money up front to become a distributor? This investment request may be disguised as an inventory charge. Legitimate MLM businesses do NOT require large start up costs.

2) If you do have to pay for inventory, will the company buy back unsold inventory? Legitimate MLM companies will offer and stick to inventory buy-backs for at least 80% of what you paid.

3) Is there any mention of or attention paid to a market for the product or service? MLM depends on establishing a market for the company's products. If the company doesn't seem to have any interest in the consumer demand for its products, don't sign up.

4) Is there more emphasis on recruitment than on selling the product or service? Remember, the difference between MLM and a pyramid scheme is in the focus. The pyramid scheme focuses on fast profits from signing people up and getting their money. If recruitment seems to be the focus of the plan, run. These next two questions will help you determine what the focus of the company is:

5) Is the plan designed so that you make more money by recruiting new members rather than through sales that you make yourself?

Advantages of Direct selling


Direct Selling really offer many advantages over the traditional market distribution system.
  1. Part time n family oriented
  2. flexible work hours
  3. low investment means low risk
  4. no maintenance charges
  5. unlimited income opportunity. Apart from these advs it also provides the following when taken serious n long term efforts...
  6. long term security
  7. royalty income
  8. financial freedom
  9. recognition parallel to ur efforts
  10. chance of helping others
  11. ultimately a peaceful life.

Friday, April 17, 2009

CHANGE


Network Marketing is the fastest growing industry today in the world. Today, primarily due to changes in technology, the risk in becoming a traditional successful business ownerhas been greatly reduced and the opportunity to own your own business has been made available to virtually everyone.
Franchises and network marketing took away the hard part of developing your own system. You acquire the rights to a proven system and then your only job is to develop your people just for a minimal investment which is usually associated with low risk.
DON'T JUST WORK HARD, WORK S.M.A.R.T

Wednesday, April 15, 2009

NETWORK MARKETING


Multi-level marketing (MLM), also known as Network Marketing, is a marketing strategy that compensates promoters of direct selling companies not only for product sales they personally generate, but also for the sales of others they introduced to the company. The products and company are usually marketed directly to consumers and potential business partners by means of relationship referrals and word of mouth marketing.
Independent, unsalaried salespeople of multi-level marketing, referred to as distributors (or associates, independent business owners, dealers, franchise owners, sales consultants, consultants, independent agents, etc.), represent the parent company and are awarded a commission based upon the volume of product sold through each of their independent businesses (organizations).
Independent distributors develop their organizations by either building an active customer base, who buy direct from the parent company, or by recruiting a downline of independent distributors who also build a customer base, thereby expanding the overall organization. Additionally, distributors can also earn a profit by retailing products they purchased from the parent company at wholesale price.
Distributors earn a commission based on the sales efforts of their organization, which includes their independent sale efforts as well as the leveraged sales efforts of their downline. This arrangement is similar to franchise arrangements where royalties are paid from the sales of individual franchise operations to the franchisor as well as to an area or region manager. Commissions are paid to multi-level marketing distributors according to the company’s compensation plan. There can be multiple levels of people receiving royalties from one person's sales.