Network Marketing It is also called Multi-Level Marketing or Direct Selling. Network marketing is the fastest growing business worldwide. Network marketing is a tactic to deliver any service or product directly from the company to the consumer, in which the consumer connects directly with the company and purchases the product. Due to which the company gets some benefits to the consumer, which can include discounts on products, cashback, better products, etc. There are generally 2 ways to sell any product or service: -
1.Traditional Marketing
2. Network Marketing (Direct Selling)
(1) In Traditional Marketing, the company seeks the help of a large number of individuals, including distributors, wholesalers, C&F agents, retailers, etc., to take the product to the customer. And in this type of marketing, the company also invests a large part of its turnover in advertising, then the customer buys those products from the market. Only services are available.
(2) In Network Marketing, the company delivers its products and services directly to the customer. And in this marketing, customers are the distributors who promote products and services. In which the company distributes a large part of its benefits (about 60% - 80%) to the customer and the customer gets an opportunity to earn an additional income.
History of network marketing
Network marketing was started in 1930 by Carl Rehnborg, a great American chemist. For the first time, he explained the health benefits of using dietary supplements in food and started the first network marketing company called California Vitamin Company, based on Supplement. Where network marketing started. And the name of that California vitamin company was changed in 1939 to Nutralite. Today network marketing has become the fastest-growing business in the world.
Network Marketing in India: Network Marketing in India started in 1990. And today network marketing is a very fast-growing industry in India. The Government of India adopted the rapidly growing industry and issued guidelines on 12 September 2016. Due to which the network marketing in India has increased more rapidly, it is expected to grow more rapidly. According to the report of FICCI and KPMG, a government of India organization, Direct Selling will become a 625 billion (62500 cr.) Industry in India in 2025. The new guidelines of the Government of India gave different confidence to the people working in it. is.
Who can do this business and what should be the qualification for it -
Everyone can start this business like housewife, student, retirement, illiterate and any employee working in any other place can also start it. It does not require any special qualification to do it, just confidence in human beings And it is important to have a feeling of positivity.
When can I start it?
There is no need of any age to start this business, you can start it at any age.
How to work in it -
To work in this, you can become a distributor customer of any network marketing company. By using the products or services of any company you subscribe to and share it with your friends, relatives, or people you know You can get income from this and every person who joins you also starts earning something or the other.
Benefits of Network Marketing -
Network marketing is the fastest emerging business model in the world today which has reached almost all countries. Let's know what its benefits are -
In the short run, high income-network marketing is the place from where you start getting associated with this business and get a good income in 2 to 3 years, just for this it is necessary to be positive and keep working continuously.
Freedom of time - By joining this business you can become your boss. Usually, you have to give time in doing any business or work, but by joining this business you get the freedom of time, work when you want to. As long as you work in another business, then you have income, if you stop working, then your income stops but after working for some time here you reach the point where even if you do not work. Even if you do, you keep earning. In the beginning, you need to give more time to it, but later when your network starts to form and as people start connecting with you, then you have to give less time. And work less.
Better Lifestyle - By connecting with network marketing, you can lead a better life, where you have freedom of time, money, car, own home, and social respect, so that you can achieve lifelike rich.
Social Respect - By joining this business you improve your relationships and live positively with people and also develop a sense of mutual coordination and harmony. Which makes you better than other people so that people respect you That they look in the eye and always respect you.
A good education for children - By joining network marketing, you can not only improve your standard of living and can also provide education to children in a good place.
Personality Development - After joining this business, by attending training and seminars here, you get to experience a different personality and by working with people, your public speaking also becomes very good, so that your personality starts developing. And you can see a very big change in yourself.
Fulfilling your dreams - Usually, we are unable to fulfill our dreams due to lack of time or money and we feel something lacking throughout our life. But by joining this business you can make all your dreams come true.
How to choose a company - When choosing any company, check the profile of the company, how long the company has been working and what are its products, what are their features. How is the profile of the company owner? How is education and training system etc? What is the growth of the team working there and how much is it. After looking at all these things, choose a company.
Is there any need to be careful in this - Yes, absolutely network marketing is notorious because of trying some wrong people and you have to avoid going in between these wrong people? Usually, you have to go for money circulation or instant money-making or money-making. Also, avoid skimming. Otherwise, you too will get stuck in the wrong people.
That's all in this post, you can comment to get more information about network marketing.