1. We would like to welcome you on our short informative business presentation Hey! Welcome! HOME-BASED BUSINESS THE POWER OF NETWORK MARKETING “ THE BUSINESS OF THE 21 ST CENTURY”
2. Is it SCAM? PYRAMID SCHEME…CHARIS P., GET IT? NOT LEGITIMATE? A WAY TO DECEIVE PEOPLE? What is the first thing that will come up in your mind when you hear about Network Marketing?
3. But may we request for you to stay for a few minutes for this brief business information Honestly, it’s a normal way of thinking for most Filipinos Yes, you read it clear, This is Only a BUSINESS INFORMATION
5. Network Marketing is a type of direct selling where distributors are compensated in both selling the products and business opportunity. This encourages them to build and maintain their own network of distributors, each with their own retail customers. Let’s first define Network Marketing
6. 1. When they sell products They are compensated in two ways: 2. When they recruits sell products
7. Myth no 1: Network Marketing is a pyramid scam – This is CLASSIC! Let us now discuss the common myths of Network Marketing - Network Marketing is not a pyramid scam. It is nothing more than a unique way of distributing a product or service
8. The only similarity between legitimate network marketing and a pyramiding scam is that both offers an incentive for one to introduce another to the business. But they are different in 3 aspects: Instead of paying all the middle man (as in conventional distributing model) it pays you for distributing a product.
9. 2. Pyramiding is not legal 1. Pyramiding is fraudulent and not a sustainable operation 3. Pyramiding companies pay commissions on people recruited while network marketing pay strictly on retail sales and none on people recruited. In a pyramiding scheme, income is primarily from recruiting, not selling of products
10. - The one that will really be successful are the ones who really want to build a viable business in network marketing, who is teachable and willing to be coached, who puts a lot of effort into it and never quit! Myth no 2: Most people fail in network marketing
11. - Network Marketing is not a get-rich-quick-scheme. Network Marketing is about building a long-term residual income. It has nothing to do with making a lot of money fast and upfront. It has to do with making a little more money each month over a long term Myth no. 3: Get-Rich-Quick Schemes
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13. The truth is that network marketing is all about relationship. One of your main objectives is to find and cultivate leadership in your group. Fact: Leaders are born but of relationship. There is no easy way around this Myth no 5: You can build true network marketing residual income without investing time
14. NETWORK MARKETING IS A BUSINESS! Additional Info: Robert Kiyosaki, bestselling author of Rich Dad, Poor Dad quoted it as “The Perfect Business” It is also considered as a “Home-based Business”
15. You can have the opportunity to build a residual income wherein you can have a passive income and be your own boss. How cool is that? But then it is a business so it is not a guarantee, your team can assist you but it is up to you if you will become successful or not.
16. Thank you and if you have any questions, please feel free to email back or personally ask for your questions. There you have it, some of the business information regarding Network Marketing Have a Great Day! :D
17. Build, Grow and Sustain Your Network Marketing Distributor Business by Josiah Go Sources: The New Era of Network Marketing by Dave Vass The Business School by Robert Kiyosaki