How To Make Money Network Marketing Explained Easily
It’s very true, you can Make Money Network Marketing and lots of it. Lot’s of millionaires have become so by Making Money Network Marketing so it’s hardly a surprise why others are keen to learn how.
In network marketing, the money you make is completely different to that of a paid JOB. In an average 9 to 5 job, the philosophy for making money is to work hard towards getting a promotion so you can hopefully earn more. Or the alternative is to work longer hours.. i.e. overtime.
With network marketing, there are no limits to how much you can be paid or earn and it is very often referred to as a Compensation Plan.
Making Money with network marketing you can earn as much as you want while with a 9 to 5 job you’re only paid the least amount you are worth per the hours.
So you can see why people are keen to learn the strategies of how to Make Money Net Working over making money in a 9 to 5 job.
Make money network marketing: The Basics
You will see the word ‘leverage’ being used a lot in Network Marketing. To put it simply, what it means is you make money from the least amount of your own work but the most from the work and efforts of others whereas in a paid JOB you have to work hard for every penny you earn.
Network marketers now refer to a job as meaning ‘Just Over broke’, which most people do find themselves in. Network marketers make money network marketing over and over again for the same transaction that is carried out in the first place. Once a sale has been made it is very often linked to what is called residual income. By that I mean that the Net Worker gets paid a regular commission for making that very first sale every month, year on year without having to make any more sales !
The residual income concept is powerful financial tools that all network marketers have at their disposal. Making one transaction and then getting paid for it over and over again rather than having to go to work for a paid JOB is why Making Money Networking Marketing is so appealing. The best and most exciting part is that this is only one half of what makes network marketing such a powerful and lucrative home business venture for people to consider and start working from home.. But wait… It gets better…!
Make MORE Money Network Marketing
Not only do you get paid a regular residual commission for the sales transaction that you made you can also get paid a residual commission from the sales transactions that other people make who you sold products to in the first place. Once your sales organization or matrix starts growing you start to get paid more and more for less and less work. What better way could there be to make money other than winning the lottery. This is exactly why I got excited to make money network marketing some years ago.
The Internet and Network Marketing really is the most powerful financial tool known to man and why we ourselves decided to start a home based business. More importantly a Network Marketing Home Based Business.
The amount of money paid in Network Marketing is down to what is known as the compensation plan being offered for selling that particular product and can vary substantially in value from a few dollars / pounds to hundreds or even thousands. Very exciting stuff! There are a number of different compensation plans within the Network marketing Industry many of which have Pros and Cons. Over the years some compensation plans and schemes have been banned and quite rightly so.
One of the best compensation plans is whereby you are an independent distributor of a particular product or service. You make money network marketing by selling a product to someone who then wants to sell or is recruited to sell the same products as you did. This is what is referred to as your down line ( a person in your downline).
The sales these people make means that YOU get paid a set commission percentage for each sale they make dependent on which level they are in within your down line. For instance, if you recruited 10 people they would all be positioned on your first down line level and if the company or person you are selling products for states that you make 20% from this down line level then that is how much you earn from every sale each person on that level makes.
Not bad for doing nothing
Now let’s say the people on the first down line level start to recruit other people who want to sell the same products they’ll be on your second downline level (and of course the first down line level of that person) . Once again if your organization compensation plan mandates that you will be paid 10% for your second down line level sales then that is how much you will make off the sales these people make, and so on and on. As you can see, all of a sudden you will start to make money network marketing from a number of people on a monthly basis, which in turn can grow into a huge income.
It is a great way to make money on a long-term basis. There are many other plans all very much similar but offering different speeds to which you can make money network marketing. In reality, things can get a little more complicated in the real world because if and when you start to look around at different network marketing organizations and opportunities they all offer different compensation plans.
To make money in Network Marketing, compensation plans definitely offer the best opportunity for long term and residual income. Many companies now offer very large compensation plans for promoting and selling their products. Earnings over $10k per month are now more common and achievable than ever before and can, after some time and effort result in so much more.
I highly recommend that you look to make money network marketing by looking for an opportunity or organization whereby you can grow a large residual income stream through your network marketing efforts and one that you may have had recommended to you by someone whom you can trust and is themselves successful.
Fancy Making Money Network Marketing With Me?