Network Marketing Myths

Network Marketing Myths

The following article dispels some of the Network Marketing Myths and looks at the Facts.

Let’s be clear Network Marketing is not for everyone but it’s important that you know the facts so you can make an informed decision.

The Network Marketing Model is A Pyramid Scheme

Network Marketing companies are NOT Pyramid Schemes. In Network Marketing (sometimes referred to as MLM), participants earn commission from selling real products, whereas pyramid selling is earning money solely or primarily by introducing other people into the scheme.

The aim of a Network Marketer is to start earning what is known in the industry as “residual income”(see definition below).

Residual income is earned from customers you introduce to the product and other people who join your team, meaning that you receive a portion of the profit those below you make from selling product to their contacts

While this system may sound rather triangular, (so is any corporate structure) Network Marketing is legal and seen as distinct from a pyramid scheme.

You Have To Buy Lots Of Product and You End Up with a Garage full Of Stock You Can’t Sell!

Nothing is further from the truth. The only product you hold will be for your personal consumption. In Todays world your customers order off your own personal website and the product is delivered direct to the customer

Network Marketers are Cult Like

This observation came from the Days of the Large Company Convention where there was a lot of RA Ra , foot stomping and Motivational Talks by extrovert Leaders.

In the Gig economy those Days have gone replaced by a cell phone and a app where you can get all the training you want and run your business from that app when you want , where you want all based around your lifestyle.

Most People Don’t Make Any Money In Network Marketing

Welcome to the real world. For a multitude of reasons (too many to list here) people fail in their own Business. Running your own business is hard work and you can’t expect to be an overnight success. It takes perseverance and Time.

Do your own research on Google and you’ll see most businesses fail – this is not unique to Network Marketers.

You Have To UseYour Friends and Family to Make Any Money In Network Marketing

The truth is you do not, and you should not. Your friends and family should only be part of your business if it serves them to do so. They love the product and like you see an opportunity to supplement their income.

In this new era with social media you can share you product/ or business opportunity with like minded people who are looking for an opportunity anywhere in the world.

You Have to Recruit And Build A Team Of Business Builders

You Don’t – As you are paid on products sold – for sure you will earn substantially more by building a Team of Business Builders who are also out there sharing the Business Opportunity and showing the product but for many they are happy just to build their business solely through customers who are willing to tell their story to others and potentially gather some customers of their own.

Why Network Marketing , Why You , Why Now

Why Network Marketing – The reasons are succinctly summed up here by Network Marketing legend Richard Bliss Brooke who is a real ambassador for our profession and tells it how it is No B.S.

The Question You need To Ask Yourself Is – Where else can you invest as little as $500 to $1,000 and have the potential to build up a *residual income” of $1,000 to $2,000 per month over 4 to 5 years and get paid for the rest of your life?

NO WHERE ELSE

I Still Think It’s A Pyramid Scheme

Hopefully we have dispelled some of the network Marketing Myths out there? If you still think Network Marketing is a pyramid scheme then this business is clearly not for you

Residual Income

Residual income in Network Marketing is passive income that comes in every month whether you show up or not. It’s when you no longer get paid on your personal efforts alone, but you get paid on the efforts of hundreds or even thousands of others in the team you built!

It’s the key to achieving financial and time freedom.

Get Paid For Your Recommendations

Get Paid For Your Recommendations

Are you getting paid for your recommendations?

When was the last time you recommended a good movie, restaurant or holiday?  

Have you ever responded to a post on Facebook starting with “can anyone recommend something for my … “?  

We all recommend products and services every day to people, we just don’t necessarily get paid for it.

From New Shoes , New Car , Great Fitness centre , Great Hair Dresser, Great Beautician , Great Shampoo, Great Makeup , Great Skin Care ,The best house cleaner, Best Mortgage Broker, Best Yoga Centre, ….. the list goes on and on

Humans are a nation of recommenders. Company’s know this. – Many companies’ are now offering rewards if you “refer a friend”.  They do this because they know people are far more likely to buy on a genuine recommendation than on a magazine or TV advert.

Get Paid For Your Recommendations – Start Your Own Part Time Online Business

Social Marketing gives everyone the ability to grow an online business. You can leverage the business opportunity online and use social media and apps to earn an additional income stream.

In the Gig Economy its possible to have fun, flexibly, freedom and the potential to earn an additional $200 to $1,500 per month without it ever disturbing your Day job or current Lifestyle

Direct Sales /Network Marketing

There is so much confusion surrounding Direct Selling/ Network Marketing but due to the influence of Social Media, it is now more acceptable and increasingly it is being referred to as Social Marketing.  

Some of the questions that are often asked when people are evaluating whether running a Social Marketing business are –

  • Is it a pyramid scheme?
  • Do you have to sell things to your friends and family?
  • Do you do parties?

Then people often share that –

  •  “I’m not a salesperson”
  • “I don’t want to be pushy”
  • “What will people think of me”

These thoughts are very common as there are so many myths and fallacies out there about Direct Sales/ Network Marketing.

We cover these concerns in a seperate article which you can read HERE.

What is Social Marketing?

So, what is Social Marketing?   It’s simply a distribution method.  Instead of products being sold in shops which is the “Traditional Retail” distribution you sell directly to the customer cutting out the middleman.

To survive traditional retail need high mark ups over the wholesale price as they have to factor in all of the costs of running the store, including rent, utilities, salaries, packaging, marketing, advertising and taxes. .

In most cases these costs far exceed the actual cost of the ingredients in the product or service.

Leverage the power of online distribution

Social Marketing is different in that it leverages the power of online distribution. Products move directly from the company’s manufacturer, via the internet to the end consumer. 

This is done through the recommendation of a Distributor (YOU) sometimes referred to as a Brand Ambassador or influencer.

You are essentially cutting out the middlemen which can often mean you have a better-quality product for a lower price point.

Anyone can build an online business Part Time

Social Marketing gives anyone the ability to grow an online business. You can leverage the power of the internet and use social media to earn an additional income stream. You can work this business around what you are currently doing.

Its all about conversations – no hard sell!

As you go about living your day to day life and communicating with people as you have done in the past you weave into the conversations the product or service you are passionate about.

The Key here is to pick a product or service that you use and you’re genuinely passionate about.

Offering genuine value to people eliminates the feeling of a “hard sell”.  No one likes to be sold to!

Any engagements online should be in a very natural way i.e. like sharing your experiences with the product and why you like/ recommend the product and/ or the additional income this business opportunity has provided you.

All you are suggesting is that it maybe worthwhile for them to “Take A Look”.

Send them some information and let them decide if it is right for them. If they like what they see and decide to purchase your product or service You Get Paid!

We have the Ultimate Part-Time Gig providing Fun, Flexibility, Freedom and Rewards.

The Power of Residual Income

Eight Wonder of The World – The POWER of Residual Income!


*Credit for original post Ron Henley

The Power of Residual Income
Michael Jordan

Michael Jordan having “retired” with $40 million in endorsements makes $178,100 per day, working or not.

If he sleeps 7 hours per night, he makes $52,000 while visions of sugarplums dance in his head.

If he goes to see a movie, it will cost him about $10 bucks but he will make $18,550 while he’s in there.

If he decides to have a 5 minute egg for breakfast, he’ll make $618 while boiling it.

He makes $7,415 per hour more than the minimum wage.

If he wanted to save up for a new Acura NSX ($90,000) it would take him a whole 12 hours to do it.

If someone were to physically hand him his salary and endorsement money, they would have to do it at the rate of $20 per second.

He’ll probably pay around $200 for a nice round of golf but he will earn $33,390 while he plays.

He’ll make around $19.60 for watching the 100 meter dash in the Olympics and earn around $15,600 during the Boston Marathon.

This year, he’ll make more than twice as much as all U.S. Past-Presidents for all of their terms combined.

Amazing, right?

However, if Jordan saves 100% of his income for the next 500 years, he’ll still have less than Bill Gates has at this very moment.

The power of residual income in mind-blowing.

You build an asset that pays you whether you work or not.

When you’re gone, your family will continue to get paid for generations.

More financially free people have been created by business owners than in any other industry.

Why not you?

Why not now?

We have the Ultimate Part Time Gig which takes advantage of the Power of Residual Income.

Network Marketing in New Zealand

In this short video Network Marketing legend Richard Bliss Brooke explains the Network Marketing model and gives Kiwis a better understanding on how Network Marketing in New Zealand really works.

Network Marketing is not for everybody but to make an informed decision you at least need to know the Facts!

The Question You need To Ask Yourself Is – Where else can you invest as little as $500 to $1,000 and have the potential to build up a residual income of $1,000 to $2,000 per month over 4 to 5 years and get paid for the rest of your life?

NO WHERE ELSE

Watch this 25 minute video so you have a better understanding on this business which in these uncertain times provides an opportunity to supplement your income without it disturbing your day job or current Lifestyle.

How Network Marketing Works

Grab Your Free Copy Of The Book “The Four Year Career

Network Marketing in New Zealand

Years ago, Richard Brooke found himself in a job where his day-to-day was grueling. He, like many, thought, ‘Is this what life will be like for the next 40 years until retirement?’

That was when he knew he needed a new plan, one that would change the course of his life. He joined his first Network Marketing company when he was just 22. Three years later, he had 30,000 active partners.

He made his first million before the age of 30, advancing to the top sales leader position. Since that time, he has focused on helping others create their own empires.

Richard has coached and inspired hundreds of thousands of people around the world. Now he shares his wisdom in a guide that will ignite your passion for this profession and help you see what is possible … for YOU.

In His Book “The Four Year Career” You’ll learn: What Network Marketing really is (debunks the common myths). and the power of asset and residual income

The Four Year Career® will help you master the art of the invite and build belief in the incredible wealth building opportunities of Network Marketing.

If after watching this video you’re serious in Learning more about The Network Marketing Profession and your based in New Zealand private message us and we’ll send you his best Selling Book by Richard Bliss Brooke “The Four Year Career” for FREE

At Empowered Kiwis we have the Ultimate Part-Time Gig providing Fun, Flexibility, Freedom and Rewards.