What Is Network Marketing?
Network marketing is a business model that depends on person-to-person sales by independent representatives, often working from home or out of office. A successful network marketing business requires you to build a network of business partners or salespeople to assist with lead generation and closing sales.
Network marketing is known by a variety of names, including multilevel marketing, cellular marketing, referral marketing, or home-based business franchising.
For a person to earn an income immediately, here are few products that you can join because when you join as a member you buy the products as a member price directly which is lower than the retail price.
On top of that, you also can earn bonuses from your sales, network performance, recruitment, and team. The more you recruit and your networks grow, the more passive income you can get.
Some of these companies also offer free annual holiday trips for bonuses and performance.
There are financial companies too duplicating network marketing companies when they want to sell their products such as mutual funds and insurance.
The obvious trending of companies having an ultimate alliance with their distributors in Malaysia are:
The product line are currently health and wellness products such as STC30, SNC, SCC15,SIC. The products are plant stem cell extract in powder form and packed in a sachet for distribution. All the products are now penetrating the global market particularly in the African continent, Indian subcontinent, Middle East and now going to Europe. There are over 200,000 distributors worldwide and present in 43 countries. You can join them here:
The main product is the C2Joy that contains colostrum milk that is powder packed into sachet for distribution. Another product is the Sanitizer for this Corvid19. You can join them here:
Multi-level Network Marketing ( MLNM)
Many are confused with MLNM or MLMN. To me, it is a direct selling network while there are many similarities with the network marketing process.
There are many scams in this industry like the Ponzi scheme, forex, gold, membership card, and many more. This illegal scheme scares away many potential clients for genuine industries.
This business model is one of the best as people thought because you just promote their products and you can get a hefty commission for every sale you generate provided you can afford to sell the product. Most of the products are eBooks and manuals because there is a soft copy or electronics form that can be sold online. You just do the marketing.
These entire business models can provide sustainable passive income for you. Incomes are legitimate. You do not need a blog or website if you do not have time to create it. If you do, you need to beef up your content, you will need some money to pay for the domain. There is plenty of things that you must do to manage your site. Having a website is a good idea only if you are keen to follow an internet trend that is very competitive.
If you have more time as you think, you can have both participate in using your website and also without any website and do it via Facebook, Instagram, Twitter, and free advertisement.