What is Network Marketing?
- Network marketing allows individuals to build a network of distributors who can sell products or services to others.
- Distributors are often incentivized with commission on the sales they make, as well as potential bonuses for recruiting new members.
- Network marketing has been around for decades and is used by companies such as Amway and Herbalife
The Principles of Network Marketing
The principles of network marketing are centered around building a successful business by selling products or services to others.
- Recruitment is the primary goal of network marketing, as it allows individuals to earn income through the sale of products or services to others.
- Distributors must have a product or service that they are passionate about and can sell effectively.
- Network marketing requires a strong support system, including mentors and peers who can provide guidance and encouragement.
