Network marketing or network marketing is a form of distribution of products and/or services from a company to a final consumer. This distribution is done through the reference of an independent distributor or representative. This leads to the realization of an activity, which will call the retail activity. Through this activity we get the residual income. Get all the facts and insights with josh harris, another great source of information. Everytime someone buys a product or service offered by the company through the promotion that you do, you receive a percentage of profit. That is the residual income.
If your customers buy a quantity X of products and/or services, you will then receive a percentage of utility, which varies according to the compensation plan of the company that you represent. More quantity of products purchased, the greater the residual income you receive. Hence the importance of having satisfied customers with your products and, above all, with your attention and service. That will bring more products orders and re-orders, which will result in more profit for you. On the other hand side, when someone joins your organization under you, constitutes your downline and start to form a team. In this activity you will call it wholesalers. A greater number of affiliates or new partners, the greater your organization. And as you also win purchases that made each of your team members, to greater number of people making purchases within your team, the higher your profit.
Hence the importance of having productive business partners with vision and entrepreneurial mindset and investor. This activity is that will allow you to achieve financial freedom in network marketing or network marketing. Now, we have seen two types of activities that you perform in this industry: promote products and/or services and a team of people who promote products and/or services. The question that now arises is how are you going to do these two activities to obtain real results and are duplicables? First, you must take into account that marketing is the blood of your business and that you must learn to direct you to your target audience when you make both activities. In terms of retail activity your target audience are people who already are consuming the product or service that you offer, or one similar, or people who are in need of it. There are many people who probably need your products and/or services. You must learn to position yourself in the right way so that you can find when they search them. On the other hand, as regards the wholesalers activity, you must understand that any person is not your candidate to be your business partner. Your candidate should basically fulfill two requirements: that you want to achieve financial and/or change of lifestyle freedom. This implies that you must have a means of subsistence that meets their basic needs. Have belief in developing the industry of network marketing or network marketing. Learn how to show you the right way to people that they meet these two requirements. Secondly, it is necessary to learn how to create a system that allows that your public goal you find, filter them, Assumable, autocierre and/or affiliate so you can work only with those who really they meet the requirements, that way you won’t lose your time, your effort or your money to learn how to become a magnet of attraction in MLM, I invite you to participate in the program of professional training in MLM, acfa.