<?xml version="1.0" encoding="UTF-8"?>
<!--Generated by Squarespace Site Server v5.9.1 (http://www.squarespace.com/) on Tue, 09 Feb 2010 14:44:29 GMT--><rss xmlns:content="http://purl.org/rss/1.0/modules/content/" xmlns:wfw="http://wellformedweb.org/CommentAPI/" xmlns:itunes="http://www.itunes.com/dtds/podcast-1.0.dtd" xmlns:dc="http://purl.org/dc/elements/1.1/" version="2.0"><channel><title>What Is Network Marketing</title><link>http://www.homebasedmarketingpro.com/what-is-network-marketing/</link><description></description><lastBuildDate>Thu, 25 Sep 2008 06:00:31 +0000</lastBuildDate><copyright></copyright><language>en-US</language><generator>Squarespace Site Server v5.9.1 (http://www.squarespace.com/)</generator><item><title>How Does Network Marketing Work</title><dc:creator>Christine Blowes</dc:creator><pubDate>Thu, 21 Aug 2008 07:10:27 +0000</pubDate><link>http://www.homebasedmarketingpro.com/what-is-network-marketing/2008/8/21/how-does-network-marketing-work.html</link><guid isPermaLink="false">206617:2699383:2163908</guid><description><![CDATA[<P>Network Marketing is a business distribution&nbsp;model allowing parent companies to market their products directly to consumers.</P>
<P>Consumers become Independent Business Owners (IBO) who represent the parent company.&nbsp;These IBO's develop&nbsp;a structure&nbsp;by recruiting individuals also&nbsp;desiring to be IBO's.&nbsp; They earn commissions based on the volume of products generated through their entire structure, which includes their personal efforts as well as the efforts leveraged off their organisation.&nbsp; They also have the opportunity to build a customer base where they can earn a profit by retailing products they purchased from the parent company at wholesale price.&nbsp;</P>
<P><strong>Business principles&nbsp;to look for:</strong></P>
<ul>
<li>It must be a huge expanding market 
<li>Unique consumable product (find a product that a lot of people want and need) 
<li>Timing (Trends) Look at what industries are expanding&nbsp; (don't have a loyalty to something just because you've been educated in it or have been doing it for a long period of time </li>
</ul>
<P><strong>Some of the&nbsp;main money earning situations are to:</strong></P>
<ul>
<li>Work for someone else 
<li>Be a professional (doctor, attorney, engineers, etc) 
<li>Own your own business -&nbsp; ( Best way to do this, is leverage off the efforts of other people.&nbsp; Jean Paul Getty, the famous oil billionaire, once said,&nbsp;"I would rather earn 1% off a hundred people's efforts, than&nbsp;100%&nbsp;of&nbsp;my own efforts".) </li>
</ul>
<P>For you to&nbsp;have true leverage you must create a structure where everyone has the same amount to gain.</P>
<P><strong>For example:</strong>&nbsp;</P>
<P>Lets say I am a broker and I hire 3 agents.&nbsp; We'll call one of the agents&nbsp;Lucy.&nbsp; It's in my best interest to train Lucy to become a broker too.&nbsp; Trying to hold her back and not show her my best strategies will hurt me, because if I don't give her the opportunity to have the same amount to gain as myself, I will lose her and she will become my competitor.&nbsp; The only way I will a retain a leader is to provide them with the same opportunity&nbsp;for growth as I had.</P>
<P>So from day one I'm going to encourage Lucy to become a broker and when she does, she&nbsp;isn't going to&nbsp;break away from me and become my competitor.&nbsp; She will simply shift from agent to broker, which now allows Lucy to hire her own agents in the same way I did.</P>
<P>I'm going to continue earning a percentage of what Lucy and her agents sell, which is fair because I trained Lucy.&nbsp; But it's going to be a smaller percentage than when she was an agent.</P>
<P>In most Network Marketing companies everyone can earn a certain number of levels deep in the organisation they build.&nbsp; Everyone in the company can earn that same number of levels deep, like maybe 4 to 6 levels.</P>
<P>I'll use 4 levels as an example to show you why this is a fair structure.</P>
<P>Lets say you are at the 3rd level of my organisation.&nbsp; If&nbsp;YOU build a larger or more productive organisation than me, you would earn more money than me, even though you are in my organisation.&nbsp;&nbsp;Don't you think&nbsp;the most productive person in a structure&nbsp; should earn the most money.&nbsp; That's fair.</P>
<P>Warren Buffet owns a Network Marketing Company.&nbsp; Don't know who he is?&nbsp; Well he is tied with Bill Gates as the richest man in America.&nbsp;&nbsp;He created his wealth by investing in and buying the very best companies.&nbsp; Both Donald Trump and Robert Kiyosaki, have openly put their stamp of approval on Network Marketing.&nbsp; Read their article&nbsp;"<A href="http://www.moneytimesecurity.com/kiyosaki_trump_article.pdf" target=_blank>Why We Recommend Network Marketing</A>" now.</P>
<P><strong>Education And Training: Powerful Key</strong>&nbsp;</P>
<P>It is a powerful investment to educate and train others, so you get more done.&nbsp; People don't&nbsp;normally do this,&nbsp;as&nbsp;it is&nbsp;not rewarding to train others in your field of expertise,&nbsp;because they move on and&nbsp;profit without you.&nbsp; But in Network Marketing you are rewarded for your willingness to train others effectively.&nbsp; When you understand&nbsp;the power of educating and empowering others so that you can get more done, then you're on your way to wealth.</P>
<P>The Renegade University offers this kind of education and&nbsp;<A href="http://agloco-blog.squarespace.com/internet-network-marketing" target=_blank>internet network marketing training</A> for a minimal cost.</P>
<P>Give a man a fish, he'll eat for a day.&nbsp; Teach a man to fish he'll eat for a lifetime.</P>
<P>In Network Marketing when you teach and train others you duplicate what you are doing, which is to&nbsp;attract and train others.&nbsp; You are now multiply yourself.</P>
<P>The difference between the wealthy and everyone else is not a mystery, it's learning to leverage your time and effort.&nbsp; When it comes to owning your own business, their is not a more affordable structure available than Network Marketing</P>
<P>Is Network Marketing perfect, of course not, nothing is.&nbsp; Every industry has good and bad, Network Marketing just has more good than any other industry for the most number of people.</P>
<P>Will it require you to work hard, you bet it will.&nbsp; Is it worth it, absolutely.</P>
<P>With the Renegade University's proven, step by step video training tutorials, you have no more excuses of how it can't be done.&nbsp; Absolutely everything is laid out in specific detail for you to follow systematically.</P>
<P>Either you have excuses or results.&nbsp; Don't focus on how it doesn't work!&nbsp; Choose to focus on research and&nbsp;how to get&nbsp;good at it, with successful results.</P>
<P>Sure it's hard, everythings hard, but it's harder to not have what you want out of life.</P>
<P>If&nbsp;you think&nbsp;Network Marketing may be a good fit for you,&nbsp;just email your contact details to me at <A href="mailto:dcblowes@internode.on.net">dcblowes@internode.on.net</A>&nbsp;with a&nbsp;couple of your most important questions, and I will be more than happy to set up a free 30 minute consultation to guide you along.</P>
<P>If you are already a Network Marketer, but need effective training and education on how to attract prospects and build your structure,&nbsp;go to the <A href="http://success08.marketingmerge.com" target=_blank>Renegade University</A> now.&nbsp;&nbsp;Fill in the form, opt in&nbsp;for the free membership and claim your 8 free bonus videos to get you started.&nbsp; Then click step 3, scroll down to the bottom of the page and upgrade to the Professional Level.&nbsp; I will be your guide on the inside.</P>
<P>I wish you all great success!</P>
<P>Christine Blowes / Network Marketer/Consultant</P>]]></description><wfw:commentRss>http://www.homebasedmarketingpro.com/what-is-network-marketing/rss-comments-entry-2163908.xml</wfw:commentRss></item></channel></rss>