Networking marketing is synonymous with MLM or multi-level marketing, which entails recruiting people into a specific business opportunity and earning commissions off what they purchase. There are many different types of network marketing home-based businesses. People just need to find which one works best for them. Most individuals will typically choose the network marketing business that has the highest pay plan. However, others may prefer to work with a particular type of product.
Nutritional Business
One of the most common network marketing or MLM home business ideas is a nutritional business. However, you should check how long the nutritional company has been around to determine if it is a legitimate business. Ask to speak to customer service. Call the Better Business Bureau to see if any complaints have been filed against the company.
A number of companies sell nutritional products on a multi-level basis. Often, sponsors or active members earn commissions on many different levels in these businesses. Most of the commissions are earned on the first few levels, which include the purchases of members an individual direct sponsors or those his recruits personally sponsor. For example, a network marketer may earn 10 percent off the vitamin purchases of the people he personally recruits and 5 percent off the purchases made by people those first-level recruits sponsor.
Nutritional MLM businesses are popular because of people's keen interest in health. Nutritional products are also usually consumed each month, which can potentially generate lots of revenue for business owners and the MLM company.
Legal Services
At least one organization offers legal services as a network marketing or MLM home business. This could be a good choice for people interested in legal services such as those related to family trust, bankruptcy or tort law, which covers people's injuries in the workplace or through negligence. The best way to market a legal-based network marketing program is to order mailing lists of "Business Opportunity Seekers" or "Buyers." These people are looking to start a home-based business. Mailing-list vendors can be found online or in business opportunity magazines like Business Opportunities or Entrepreneur. Order mailing lists in quantities of 1,000, 2,000 or even 5,000. Create a postcard that provides information about your business, then mail the postcards to these people. Include your website if you have one. Direct people to an 800 or second business line so you can explain the business to them.
Selling Leads
Some companies offer phone or email leads through network marketing or MLM. In this case, you would be marketing leads to active network marketers. Most network marketers work lead MLM programs as a secondary income stream. Most lead programs are legitimate, but you should make sure the lead supplier sells leads that "pull." Try testing the leads yourself. If you are able to use the leads to recruit people into your primary network marketing business, then the leads are effective.
Most network marketers use phone or email leads to market their business. You would make your earnings off those who order the leads directly from you, and from those in each person's downline. For example, you may earn 15 percent off $100 worth of leads you sell to a network marketer. That person would then join the business himself and sell leads to those he sponsors into his primary MLM business. If he sells home cleaning products via MLM, you would earn second-level commissions off everyone in his home cleaning products business who orders leads.
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