A Home Business Works

If you have been looking at network marketing as a home business option, you may have already been attracted to some of the benefits that network marketing offers.

What is Network Marketing, anyway?

Network marketing is a legitimate business. First, it's based on providing people with real, legitimate products they need and want at a fair price. While some people do make a lot of money through network marketing, their financial benefit is always the result of their own dedicated efforts in building an organization that sells real products and services. In network marketing, each person can multiply his or her efforts, skills and talents by helping others be successful. Network marketing has proved itself as part of the new economy and a preferred way to do business here and around the world.

Warm Market?

Network marketing isn't about taking advantage of your friends and relatives. Only a few years ago, network marketing meant retailing to, and sponsoring people from, your "warm list" of prospects. Although sharing the products or services and the opportunity with people you know is still the basic foundation of the business, today we see more people using sophisticated marketing techniques such as the Internet, conference calling and other long-distance sponsoring techniques to extend their network across the country.

Network Marketing = Leverage

The real key is this: Network marketing is all about leverage. You can leverage your time and increase the number of hours of work effort on which you can be paid by sponsoring other people and earning a small income on their efforts. J. Paul Getty, who created one of the world's greatest fortunes, said "I would rather make 1 percent on the efforts of 100 people than 100 percent on my own efforts." This very basic concept is the cornerstone of network marketing. This is very important for homeschoolers and those who are building their business around a full-time job because we already have busy schedules.

Financial and Tax Advantages of Network Marketing

With network marketing, there are no big capital requirements or geographical limitations. Network marketing is a low-overhead, homebased business that can actually offer many of the tax advantages associated with owning your own home business. In Ron Meuller's book, It's Not How Much You Make - It's How Much You Keep! he discusses why for the tax advantages alone, everyone should have a home business.

TYPES OF NETWORK MARKETING BUSINESSES

Here are just some of the types of network marketing businesses out there:

Aromatherapy - Art - Automotive Products - Business Leads - Cleaning Items - Coffee - Coins - Computers - Credit Cards - Downline Building - Educational - Electronics/Security - Financial Services - Food Products - Internet Services/Web Design - Jewelry - Kitchen Items - Marketing Support Services - Misc Retail Products - Music CDs - Nutrition & Health - Offshore Trusts - Pagers - Personal Care Products - Profit Sharing Associations - Publications - Satellite Television - Self Improvement - Software/Shareware - Stop Smoking Programs - Telecommunications - Travel - Water/Air Filtration - Weight Management

You need to look for a product or service you love and that you think others will want to have too. People need to have a reason for obtaining the product from you, rather than their local store. Is the product or service unique? Are there unique benefits to obtaining the product or service from you?

Let's take an more in-depth look at a few of the main types of network marketing businesses.

SERVICES PEOPLE USE ALREADY OR NEED

Benefits:
Often you are not asking people to come up with additional funds to purchase your service but re-directing their spending and saving money. Also, you do not have products to have on hand or ship out to customers. If you are providing a valuable service, you have a residual coming in each month as people continue using your services each and every month.

Cons:
you need to be able to offer a price on services they are already using that is competitive and saves them money. For example, why would someone switch their phone service from Verizon if it is not going to provide good savings. Or if the service is not something people are already using, you need to educated them on the benefits of the service and help them see the value.

Greeting Cards

This is a service that any busy person or business person needs. You can send out cards to your sister or a follow up campaign to your prospects or customers with a click of the mouse for as little as 62 cents for a card and 31 cents a postcard plus postage! One of the things that is important in any business is effective follow up and follow through. This service make this simple and affordable. With signature fonts and picture editing tools included in the sytstem, you can even customize your own cards and postcards with your own images and handwriting. Whether you are looking for a primary business or looking for a fantastic tool to help you with your current business, I recommend you take a look at this system to send out cards.

FINANCIAL

UFirst Financial

Since one of the reasons most people look at starting a home business is to create financial freedom, UFirst has the advantage of not only being able to help people achieve that goal through the business, but through the product as well.

UFirst's Money Merge system makes it possible for people to pay off their mortgage in 1/2 to 1/3 the time. The unique thing is you can do that:

Find out more about UFirst and the importance of creating financial wellness

CHILDREN AND/OR EDUCATIONAL

Benefits:

If you have a quality product, you have something that is benefiting children, who are our future. You will be doing something rewarding and customers will reorder and tell others about your product. It will be a business that you can really work as a whole family, since your own children will benefit from your products and be interested in. If you homeschool or family time is important to you, this type of business can really fit into your lifestyle. Start up costs can be very reasonable and some companies have programs to help children's groups, so you can build your business while helping others.

Cons: You will probably need to do at least some of your business outside of the home. Getting people to actually see and touch your product will be important to higher sales and building your business.

Recommended Company:

Usborne Books - As an independent consultant, you have the opportunity to earn money and build a home business working either part time or full time with no monthly quotas and no territories. You can build your own home business selling exceptionally high quality, beautifully illustrated, award winning children's books and hands-on activity kits. Because of the remarkable value, Usborne books are easy to sell and they promote reading, literacy, and education. Usborne children’s books are highly recommended by both parents and educators. Usborne also has fundraising programs for schools and children's groups so they can receive funds and/or free books. Start up cost is low and easy to make back, even with the first Home Show or Book Fair. Once you sign up as a consultant, you have lifetime membership and receive a lot of discounted and free books for your own family, so you have the added benefit and savings of getting your curriculum free!.

HEALTH AND NUTRITIONALS

Benefits:

As baby boomers age, there is a higher and higher demand for products to keep them healthy and feeling younger. If you are looking seriously at a health and nutritional company, you will want to read "The Next Trillion" by Paul Zaner Pilzer. He does an excellent job of explaining why the health and nutritional business is the next trillion dollar industry and why you would want to be a part of it.

Health and nutritionals are consumable, so if you have a product people love, they will keep buying and may even become a distributor to receive the product at a discount or earn money sharing what they believe in.

Cons:

There are a lot of health and nutritionals out there, so competition is tough. You need to have a product which is truly unique that people will want to try and use.

If you are looking seriously at researching network marketing companies, I have a list of preferred sponsors I can refer you and/or help you sift through and find the company and product that is the best fit for YOU. Complete the Contact Us form for a complimentary consultation.

Questions to Ask when choosing a network marketing or direct sales company to promote

It is important to ask good questions when choosing a business to promote. You should also think about what is important to you in a business and write that criteria down. It is much easier to determine which businesses best meet your criteria if you have a list of what is important to you written down. Although many people may feel that their business opportunity is the best and a great fit for everyone, this simply is not true. The free ebook, The 7 Great Lies of Network Marketing, discusses this.

I have created a list of important questions to ask when deciding on a network marketing or direct sales company that I give to those I am helping choose a business. If you would like a copy of those questions, just fill out the request form below. You will need to confirm your request, so check your email after submitting the form and click on the confirmation link. Once we recieve your confirmation request, we will email you the list of questions to ask.

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