Network Marketing
19
Not A Pyramid! Network Marketing Myths
description
Why is networking so popular and why you should be involved?
Transcript of Network Marketing
Not A Pyramid! Network Marketing Myths
Agenda
Introduction Definition of a pyramid What is Network Marketing History/Examples Network Marketing Advantages Residual Income What to look for in a Network Marketing
Company
Cash Flow Shortages
• You lose your job• You have exhausted your savings• You get sick and cannot work• You are worried about paying bills• You want to leverage your time better• You need additional income outside of what you are
currently doing
What is your plan “B”?
WHAT IF...
A Pyramid SchemeWhat is it?
A pyramid is where people only make money by recruiting other people – there is no products or services sold.
It is typical investing money and recruiting other people to invest money.
If products are involved, they typical have no value and the emphasis is on recruiting other people.
Unable to surpass the top leader(s) of the companyPyramids are illegal
PyramidsThe biggest pyramid ever – Corporate America
The Traditional Business Model
Network Marketing
Network marketing is a legitimate business
It is a business distribution model that markets products via relationship referrals.
Designed to help people build their business
Duplicable system Leverages time
History & Examples
History Sprint MicrosoftExamples Tupperware Avon Mary Kay Arbonne BeautiControl Amway Herbalife Melaluca Pre-Paid Legal Quixtar YTB 5LINX Silpada
Tupperware Party in 1950
Women, some with products on their heads, attend a Tupperware party in 1950. Tupperware is one of the many successful companies that uses multi-level marketing techniques.
Network Marketing Advantages
What is important… Personal Development Business Owner Leadership Internal System in place Residual Income
Cons
Self-Motivation Up-front Cost
Residual Income
Recurring payments that you receive long after the initial sale is made, usually in specific amounts and at regular intervals for the duration of the customers commitment.
Do something once and get paid over and over and over again!Time Leveraging
WHAT IS IT?
Time Leverage
“I would rather make 1 percent on the efforts of
100 people than 100 percent on my own
efforts.” J. Paul Getty –
who created one the world greatest fortunes
What to Look For…
Ground Floor Opportunity Valuable product or services Low operating cost (start-up cost) Buy-back or option to cancel Representatives come first Growing Company Proven System of success Clear Compensation Plan Training Program
The Company
Timing and Positioning
GLOBALINX VoIP
Additional Products
Not a Pyramid! Network Marketing Myths
Any Questions???
Want More Information
ContactTanice Logan816-231-0706
www.keepintouch4less.comwww.5linxmedia.com
