© 2015 albert-learning.com network marketing network marketing
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© 2015 albert-learning.com
Network Marketing
NETWORK MARKETING
© 2015 albert-learning.com
Network Marketing
NETWORK MARKETING (also known as Direct Selling/ Multi Level Marketing (MLM)).. A non-conventional way of sales & distribution, direct selling or network marketing is all about going directly to the consumer, and most importantly- through a customer.
© 2015 albert-learning.com
Network Marketing
VOCABULARY
Ease Absence of difficulty or effort.
Coupled Link or combine (something) with something else.
Exhaustive Including or considering all elements or aspects; fully comprehensive.
Worthwhile Worth the time, money, or effort spent; of value or importance.
© 2015 albert-learning.com
Network Marketing
Gone are the days when people had to depend upon a handful of sources to get access to branded offerings, products and services. Internet, E Commerce, Direct Selling, Mail Order System and there's an in exhaustive list of innovative ways and media through which organizations sell to their customers.
© 2015 albert-learning.com
Network Marketing
Today market is driven by the motto of "customer service, satisfaction and ease".
"Today's illiterate won't be the persons who aren't educated, but instead they'll be the ones who aren't adopting themselves to changes".
© 2015 albert-learning.com
Network Marketing
Network or multi level
Thus, firms involved in selling through network marketing have a well developed system of functioning based on the concept of network marketing.
© 2015 albert-learning.com
Network Marketing
According to the concept, the company does not employ full time salaried employees to sell and market its product offerings. Instead it goes the direct way to consumers by approaching them first to become customers of the company by purchasing products of the company at preferred rates, and then offering the same customers to re-purchase those products at special preferred rates for future purchases.
This way the company ensures that it has a system strong enough to attract people towards its products and offerings coupled with the advantages of lifetime re-purchase discounts.
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Network Marketing
Discount facility
Independent agents/ distributors/ network marketers/ independent consultants on behalf of the company (very similarly like the life insurance companies have independent marketing agents to sell their insurance policies).
© 2015 albert-learning.com
Network Marketing
IMPORTANT DO’S OF NETWORK MARKETING
Be a Leader
Create Your Goals
Be Passionate
Be Responsible
Be Flexible
© 2015 albert-learning.com
Network Marketing
Develop a team