Why Is Network Marketing So Famous?
Network Marketing has innumerous advantages over the other business models.
Below are the main reasons why Network Marketing opportunities are so famous:
Very low risk:
Most MLM companies have a very low entry point. According to Kamaiye.com website, many companies in India have an entry of around Rs 1000 (less than $13). Do you know a business that you can start with this amount?
Huge potential income:
Imagine you recruit just 2 people in the month of January. These 2 recruit just 2 people each in the month of February making 4 people on the bottom team. These 4 add just 2 more people each in the month of March, making the bottom team size at 8. If this process is repeated, the team size by December would be 4096! If you are making $1 or Just Rs 10 from each of these. The income is 40k rupees or 4000 USD a month!
Now consider if this loop continues for a few more months. Wohooo
Low operating cost:
Most people use just mobile and the internet (which they anyways use) to run a successful network marketing business.
In the example above, when you have 4096 people in your team by the year-end, these many people will be working for themselves which will reap benefits for you. That means you get income without actually working actively. Although it takes some time and consistency to reach that stage.
With the advent of the Internet, one need to work whenever they want. Just publish an ad or a post on social media and see the business leads generating! How cool is that?