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Network marketing isn’t what it once was. Times have changed and so has this concept. In this chapter we begin to understand how network marketing is placed in today’s times.
Whatever may have changed with the network marketing world, one thing remains quite constant. This realm is just as competitive as it ever was. And that’s the reason you need to employ improved strategies if you have to run ahead in the race. People have become wise to all the new tricks and it is time we brought something new into our methods.
Network marketing still works with the jungle mentality. The lions eat the hares.
That’s one thing that has not changed.
Network marketing has come a long, long way from the fifties when it was first introduced as a business model. However, there are some things that haven’t yet changed much.
→ It is still very important to give good value to the people in your team. → It is still observed that people at the top (uplines) help the people at the bottom (downlines). Sidelines help each other as well. → Management is still of prime essence. → It is extremely crucial to have your own standing and reputation if you are to make any kind of headway into this world.
Of course, these points are of timeless importance. The basic essence of network marketing still follows through in the 21st century, but the methods in which these are planned have undergone a sea change. Methods of finding opportunities, methods of prospecting people and methods of keeping one step ahead of the competition have decidedly changed.
Here you shall learn how these new tendencies can be employed to make the best of your network marketing endeavors. You can learn what methods work and what won’t.
At the same time, it needs to spelled out, right here at the outset, that just reading this eBook is not going to make you the next network marketing guru. You have to employ the methods described herein and take advantages of our suggestions if you have to make the business work for you.
Network Marketing in the 21st Century
You have to know some important differences first.
Sales Vs Marketing
Prospects have become warier than they ever were. There are so many opportunities out there that it is difficult for them to decide what they must take, if at all. Even if someone is contemplating on a network marketing business, you couldn’t always hope to sway them toward your side because there are so many options opened out to them.
However, network marketing still remains lucrative and that is one big draw for you to bring people toward your business. The results that can be expected can be so huge in monetary terms that they could put most companies to shame. The emphasis of ‘marketing’ in ‘network marketing’ is still quite profound.
Despite whatever you might have heard about networking being the most important thing here, you must know that you are, after all, ‘marketing’. This is an important thing for you to consider. In fact, when you are getting your prospects, make sure that you get people who know how to market.
Networking is fine enough, but what use is it if you can get your octogenarian grandmother into your network, who cannot market anything for you?
The days of pumping network with people who cannot market – read family and friends – should be over by now. Today’s network marketing businesses know that it is extremely important to have people in the team who can bring about the all-important sales.
Though this premise is slightly different, network marketing is most assuredly a sales concept. You have to sell things for money, not just share them.
In the 21st century, the difference between sharing and selling has become much more profound, especially over the Internet. When you recommend something without any financial gains, like if you tell someone there’s a really great movie in town that they must catch, you aren’t selling. Selling is what is important in network marketing – you do this with monetary gains involved for yourself.
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