The Truth About Network Marketing: How to Find a Job in 2020
Network marketing, also known as multi-level marketing, MLM, is basically a form of direct sales home business where independent representatives sell products or services from a company to an end customer, as discussed in detail over at the excellent RunRex.com. The reason why it is referred to as multi-level is due to the fact that each representative can be able to recruit and train other representatives to enable them start their own business, earning a commission on the sales of the representatives they have recruited and trained. In the end, if you are in network marketing, you will not only earn from your own personal sales, you will also earn from the sales of other representatives recruited by you, as per the gurus over at RunRex.com. Given its structure, there are a number of misconceptions and misrepresentations about network marketing, especially on whether or not it is legal. What we do know is that, provided that there is a valid and a quality product or service, the focus is on sales and not recruitment alone and that income is due to sales from products and services, then it is legal. To counter these misconceptions, here are some truths about network marketing, if you are looking to find a job in this sector in 2020.
One of the biggest misconceptions out there about network marketing is that it is an illegal pyramid scheme. Whenever the topic of network marketing is brought up, this is the first thing that comes to mind for many people. This is probably due to the shape of the organization as far as network marketing is concerned, where every rep has the ability to recruit other reps, creating a pyramid-like structure. However, as explained by the subject matter experts over at RunRex.com, just because the shape of the structure looks like a pyramid, doesn’t mean it is a pyramid scheme. Indeed, most businesses and organizations have such a structure with the head is at the top and so forth. What differentiates network marketing from a pyramid scheme is the fact that in network marketing, there are actual products or services being sold, unlike a pyramid scheme which doesn’t have any product or service. Another big difference is that, while a pyramid scheme is heavily focused on recruitment of new reps to calculate income, in network marketing the team sales volume, rather than recruitment, is the cornerstone when it comes to calculating earnings, as discussed in detail over at the highly reliable RunRex.com.
Another misconception about network marketing is that only the person at the top makes money. The truth however, couldn’t be further from this. I mean, in most organizations and companies, the person at the top will always be the one making the most money. The truth about network marketing, as per the gurus over at RunRex.com, is that in good network marketing companies and firms, members can make any amount of money regardless of their position in the organization as earnings are heavily related to effort and not position. This misconception that those who got in early will be making more money than those who came in later is just that, a misconception. Given the fact that people in network marketing companies will only change position when those above them leave the organization means that everyone has an equal opportunity to make money no mater their position in the organization, something that can’t be said for other companies due to promotions and also due to the fact rank usually determines earnings.
Yet another misconception about network marketing is that if you get into it, you are unlikely to make money as no one gets rich there. As mentioned above, and discussed over at RunRex.com, success in network marketing is highly dependent on the effort put in and therefore if you put in the work, you will be successful. Getting rich and success is also relative, as what may be viewed as success by one may not be viewed the same by another. The truth here is that many people have found success and achieved their targets and goals through network marketing and therefore if you are looking to get into it in 2020, don’t be put off by the above misconception; go in knowing that if you work hard, you will achieve success. Another misconception about network marketing is that it doesn’t work. However, the truth about network marketing in this regard is that it is among the industries that consistently do well out there, bringing in billion of dollars in terms of gross sales over the last couple of years. On top of that, the numbers also show that well over 6 million people in the U.S. are directly involved in network marketing in terms of sales. What these numbers show is that network marketing does work and if it is not working for you, then it is probably due to the amount of effort and work you are putting.
Hopefully, the above discussion will help allay your fears as far as network marketing is concerned just incase you are looking to find a job in this field in 2020. There is also more information on this and other related topics to be found over at RunRex.com, so go check them out.