Network Marketing - Dead Or Alive?

Network Marketing - Dead Or Alive?
Network marketing was all over the internet just a few
years ago, but today there does seem to be much less of it
about. Has it died a death or is there still life in the
old dog yet?

What is network marketing? As a business model, network
marketing is great. When someone joins a network marketing
business, the new member is encouraged by their sponsor
(the person who bought them into the business), to sell the
'product'. This could be anything from health remedies to
property seminars, to t-shirt printing. Whatever the
network marketing business is, ie the product, that is what
all new sign up's are encouraged to sell.

Once the new sign up feels confident about the products,
how to sell them and how to market their business, it's
time to recruit a team of new sign up's (just like when the
new person started). Any sales the team members make earn
commission for the original sign up, as well as themselves.

The main problem with Network Marketing, or Multi Level
Marketing (or MLM's as they are known) is that many of them
have large sign up fees and although the rewards can be
great, the initial cost can often be high. Also, recruiting
a team who you think will do well may be easy (or may not)
but there is no real control over how much money they will
make for you and for themselves, so your hard work in
recruiting, training and motivating could be in vein.

There are many benefits to an MLM as a home business. There
is usually no stock to hold or ship as the head office does
this for you, there is usually a good community spirit with
the other company members who share ideas and training and
if the MLM company has a well known name, this can help
with sales.

However, there is often a lot of hours of training to
undergo, there may be meetings to attend, your recruits
could become your competition and there maybe ongoing costs
for membership to the company.

So, what is the alternative to an MLM home business? Well,
simply setting up your own website and selling either a
product, a service or information products seems to be very
popular and very profitable currently. You will not make
money from any recruits (unless you have an affiliate
scheme for others to sell your product on your behalf) but
you will get to keep 100% of the profits you make rather
than being paid a commission and there is no worry of
training any recruits either.

You will not have the support of the head company but you
can invest in training which provides ongoing support for
any online business. There are courses out there which will
explaine al about how to market an online business, how to
fill your inbox with orders every day, how to build your
mailing list quickly and massively and how to do this
either for free or very cheaply.

With quality training and ongoing support, you can branch
out on your own but still have help and advice in the
background. It means you can sell your product or service
and keep 100% of the profits, you don't have to recruit and
train any team members and, most importantly, you don't
have to pay a joining fee!

So, is Multi Level Marketing or Network Marketing dead in
the water or still out there making money? Well, for now at
least, it does seem as though there are some who have
survived the change in fashion, but I cannot help thinking
it's not going to be around for too much longer as
individuals make their own way in the internet business
world.

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To find out more about training which can provide ongoing
support for any business, visit
http://internetmarketingexplained.com/sltr2.php?af=426480