Is it one of those pyramid schemes?
No. It's a simple, legal, ethical, fun & lucrative business
system, that is now being used by companies like Virgin, Cable and Wireless, Sprint
and many other top 'traditional' companies. Products and services are passed directly
from the manufacturer to the consumer, bypassing all the middlemen. The savings are
paid to teams of distributors in the form of bonuses and retail profit.
What is Network Marketing?
Have you ever been to a great movie or a great restaurant and
told a friend about it? That's called word-of-mouth advertising. Businesses love word-of-mouth
advertising because it's much more effective than any other form of advertising, promotion,
or marketing.
Network marketing is a way for a business to leverage the power of word-of-mouth advertising.
Here is a hypothetical example. Suppose you recommend a great restaurant to your sister.
She and her husband make a reservation for dinner and, during the meal, the waiter
asks them how they heard about the restaurant. They mention your name. How would you
feel if the owner of the restaurant sent you a thank you letter and a coupon for a
free meal in appreciation of your recommendation? It would probably make you feel
wonderful.
The restaurant owner also explains in his letter that because of your recommendation,
the restaurant has gained a new long-term customer. This customer didn't eat at the
restaurant as the result of an advertisement in the Yellow Pages, the radio or newspaper
campaign. Therefore, the owner wants to reward you for this new word-of-mouth customer.
Anytime your sister visits his restaurant in the future, he will send you a cheque
for 10% of the value of the meal as a continuing thank-you. Sure enough, every several
months you receive a small thank-you cheque. You're so impressed that you encourage
others to visit the restaurant. This generates more free-meal coupons plus more 10%
word-of-mouth cheques. After a year, you are receiving several small cheques each
month.
After several years you have helped to create dozens of monthly customers and that
generates hundreds of pounds of extra, no-hassle income to you. That would be nice,
wouldn't it? Businesses spend up to 50% of the price of their goods on advertising
and marketing expenses. Instead of spending on advertising in newspapers, magazines,
and television stations, several smart businesses have begun to share this money with
their best customers. Every time one of their best customers influences someone to
buy one of their products, they send this loyal customer a sort of referral fee.
Am I too late? Is it one of those things where you have to get
in early?
Not at all, in fact the company is just getting established in
the UK and is looking to expand from £37m to £100m turnover in the next five years.
Awareness of Aloe Vera is on the rise - just look at the number of advertisements
on television for mainstream products now containing Aloe Vera.
How much does it cost to get involved? Do I have to invest lots
of money?
It costs nothing to get involved. There is no registration or
annual fee, you just need to try a small amount of product - you can't recommend something
you've never tried yourself! Your initial order you make must be for a minimum
of £100 wholesale and any subsequent orders £50- just like cash-and-carry.
Is it selling?
If you like selling, you can concentrate on retailing the products.
However, most people concentrate on coaching others on how to build their own teams,
using the products themselves and just recommending the products to a handful of people
they know will be happy with them.
Will I have to quit my present job?
No. 90% of people starting their Network Marketing career do so
on a very part-time basis. 7 - 10 hours a week is normal. As your Network Marketing
income grows, build up a reserve of funds for yourself. Then, when your Networking
income outstrips your salary, you can re-evaluate your position. That way you have
security and an income while you learn and develop your new business.
How much time does it take?
There is no precise answer to this but you should plan to spend
at least 7 - 10 hours a week during the first few months. You can devote more time
if you wish, as your circumstances allow. In the first few months, most of your time
is used to learn about the business, to develop your customer base and to identify
a few key people who want to join your team. In the later months, your time is leveraged
through the efforts of other people. This begins to build up your residual passive
income-base.
I don't know anything about Aloe Vera or Network Marketing
The company provides first-class training and support on both
the products and the business. In fact, Forever Living Products in the UK is the first
network marketing company to be awarded the 'Investors In People' award for their
training and the support they provide for their people. You will also get help and
support from your sponsors and other people in the business. If your business prospers,
their's will also.
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