I’m sure you ask this questing multiple times: How network marketing is a business? If yes, how it is not feel or look like a real business?
There are a bunch of questions you come across once you start a business, and that can be obvious as you come across in life with lots of different people who carry their own opinions related to the business or industry as network marketing is a scam and people get fooled in this business and many more.
But you have to understand the difference between knowledge and information. Right now, people have lots of information worldwide but don’t carry the right information.
But I am here to solve most queries so you can fully understand network marketing or the direct selling industry.
In today’s topic, we will know how you can say network marketing is a business. I am also going through some basic aspects of the business and talk about why most people don’t see this industry as a business.
Why People Can’t See Network Marketing As A Business?
There can be multiple reasons behind this, and everyone has their own opinion, but here I am going to talk about what I think why they carry this kind of perception in their mind; if you find out something that I need to add here, sure you share your ideas or thoughts in the comment box.
Here Are Why People Don’t Find Network Marking A Business Opportunity:
They Never Did any business in their life.
The number one reason people ask how network marketing is a business opportunity or a real business is because they have never done any business in their life. That is an interesting part. When I talked to most of the people answered that they wanted to know what business I do, and once I did the cross question, they didn’t have the answers they used to say.
Business means you are the owner of your business, your time like “khud ke malik banns”, “9-5 naukri nahi krna”, Khul ke life jeena etc.
Don’t you find this thing little but strange people give me this kind of answer?
So what if I say a person who has never got into any business or business studies how can they understand the industry you are dealing with as a type of business?
Read: 6 Importance of Consistency in Network Marketing
They Have More Information Than Actual Knowledge.
The second reason why people have question like “How network marketing is a business? Is the they have more information than the knowledge. Let’s explain this with the help of real-life examples of the chain business? Or do you have to add three people to your transaction centre? Or do you have to join people or even make people fool business?
I hope you will. What did you do after that?
Don’t you find this thing a little bit made up of names? Don’t you find this thing strange? Where did you get this information? Well, through the phone, television news, papers, etc?
Have you ever thought about understanding what people are saying? Whatever they say? Is that true? Have you ever done some research on Google about the positive things?
That’s what the information is for you, and it is free of cost. You need to understand the business in a very peaceful mind.
These are the two basic and important things that prevent them from seeing this as a business.
Now, here I am going to discuss the business, like what is business by which you will get some knowledge, and after that, I will relate to your network marketing as a business.
What is Business?
In simple terms, Business is the exchange of goods and services with an equal amount of money. Products can be anything like burgers, cricket bats, balls, etc.
Let’s understand this with the help of a few examples.
CCD – Have you heard about Cafee Coffey Day? What do they do? They serve you coffee, and in terms of services, they provide you with a good sitting place, environment, etc.
Now understand that in network marketing, you already have products and services, and you need to flow those products and services into the market and make your commission.
Isn’t it??
Do you think it is a business now? I’m explaining these things in simple terms.
Now, let’s go deeper into this topic to understand it effectively.
How Network Marketing is a Business? Indirect Business System and Direct Business System
So, how does a business operation happen in the market?
For that, you have to look back and make your mind to be visualised like as I know how business is done, then visually ask yourself.
What are the ways to do the business or ways by which I can start the Business?
Once you ask yourself this question, you will understand much better as your brain gives you the answers. I will explain this for now, so keep in touch and read on.
There are only two ways you can do or start a business. The first one is:
Creating own products/services and flow in the market and make money out of it.
The way to do this is by indirect marketing or indirect business.
How?
For doing traditional business field and now for indirect marketing and business approach, you will have to make the transition; you will have to procure materials, hire employees, and acquire land; apart from that, you will have to get into marketing, make a strategy and there are lots of things, if you look carefully then crores of rupees are spent in starting capital itself, plus after that when you go into marketing when you have to do marketing, it costs lakhs of crores of rupees, so do you think that you have some such amount, then it will be fine, or otherwise you can go with the other option that is all that selling person.
This image can help you to find out about indirect business.
They are flowing other goods/services in the market and making money.
Here comes Direct selling or network marketing; in direct selling, you don’t have to manufacture the product and deal with the vendors. You can easily outsource everything, and you will make the money whenever the products flow in the market.
Don’t you think it is like a business? If not, I am very interested in knowing your thoughts as you share in the comment box.
Understand that in every business, there is a requirement for sales, and sales is what you need to do to build the business. You have to understand the basic concept. You can read many articles online, but you must read the true resources. If you want to know about direct selling and network marketing, you can check a few websites, such asIDSA; here, you can update widget updates on things.
Conclusion
So, what do you think? Did you get the answer to your question, “How network marketing is a business?” I am sure you will get this from now on. You need to understand that you need to get to the real world of the business to be easily comfortable with network marketing and direct selling. Direct selling means everything is built up. You need to build the business to be a financially free person.
I hope you find this information meaningful and helpful; you can share it with your network or your professionals so that they can also get the right information.
FAQ
Is network marketing Risky?
According to me it is not risky, understand risky is everything when it comes to business and life.
Is MLM good or bad?
MLM is good, without a doubt.
Why do people fail in network marketing?
There are multiple reasons people fail in this business; a few are inconsistent, need to understand the business properly, and need to do presentations more.
Can I start network marketing?
Yes, you can start Network Marketing. You can mail it at networkertalk@gmail.com. Let’s sit and talk in detail.
Can a student do network marketing?
Yes, why not? But yeah, there are some rules and regulations they have to follow.