[go: up one dir, main page]
Scribd
Upload
347 views18 pages

The Growing Trend: By-Er - Praveen Dubey

The document discusses the growing trend of network marketing and direct selling. It describes how direct sellers recruit a team to sell products and earn commissions not only on their own sales but also on sales of those they recruit. The basic concept is that an individual's sales performance is multiplied through a network of people who work directly for themselves but indirectly for the person who introduced them. Network marketing provides opportunities for people of all ages and backgrounds with minimal requirements and training provided. However, some people fail because they expect quick riches with little effort or don't have the patience to succeed in this type of business model.

Uploaded by

rohitmet
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPT, PDF, TXT or read online on Scribd
347 views18 pages

The Growing Trend: By-Er - Praveen Dubey

The document discusses the growing trend of network marketing and direct selling. It describes how direct sellers recruit a team to sell products and earn commissions not only on their own sales but also on sales of those they recruit. The basic concept is that an individual's sales performance is multiplied through a network of people who work directly for themselves but indirectly for the person who introduced them. Network marketing provides opportunities for people of all ages and backgrounds with minimal requirements and training provided. However, some people fail because they expect quick riches with little effort or don't have the patience to succeed in this type of business model.

Uploaded by

rohitmet
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPT, PDF, TXT or read online on Scribd
You are on page 1/ 18

THE GROWING TREND

By-Er.Praveen Dubey
A compensation system within direct selling, where
a distributor/salesperson can earn money not only
on their own personal sales, and but also on sales of
persons recruited by their personal recruits.
• A marketing system where individual direct sellers
recruit, train and develop a team of product users.

• BASIC CONCEPT is that any individuals sales performance


can be multiplied by using the efforts of others through a

network of people who work directly for themselves and

indirectly for the person who introduced them into the

network
 Men/women across all age groups have achieved
significant success – 18’s to 80’s!

 No fixed education requirements or previous experience


needed.

 Direct selling companies provide all the training to get


started and to grow in the business.
 Today’s illiterate won’t be the persons who are not
educated, but instead they will be the ones who are not
adopting themselves to changes.
 The firm motivates the customers of the company to sell its
products by way of Network Marketing
 The customer introduces other people to the system of
MLM and sells to them his firm’s products. After
purchasing these products new customers will
automatically have agency rights for marketing the same
products to other people, thereby increasing sales and
recruiting more marketers.
 Cost to start an independent direct selling business is
typically very low.
 Usually, a modestly priced sales kit is all that is required to
get started.
 In sharp contrast to franchise and other business
opportunities, which may require substantial initial
investment .
810,000
810,000
1620,000
810,000
1620,000
2430,000
810,000
1620,000
2430,000
3240,000
 Financial freedom
 Time freedom
 Personality development
 Extra income
 Name, Fame, Status
 Own business
 Security
 Early retirement
 It refers to the use of interpersonal or social
networks to market products and services for
business purposes as opposed to the more
traditional and common practices of wide
range advertising.
Traditional Network Marketing

Advertisements No advertisement
Example- coke

Infrastructure No infrastructure
1 3

2 4
 Many people join MLM thinking they will get rich quickly
and with little effort on their part.
 Because most people already have full time jobs, they
treat their part time business like a hobby.
 The person joining has no sales or business experience.
 Are not the 100% product user.
 Some people just get frustrated and give up, they don’t
have the patience.

You might also like