Franchises for Sale
|
Women Entrepreneur
|
Subscribe
|
Newsletters
|
Special Offers
Search
Home
Ask Entrepreneur
Grow Your Biz
Business Ideas
Franchises & Opportunities
Video
Tools & Services
Get more from Office Live Small Business
Take your business online
Attract new customers
Stay on top of your business
Community
Get Help & Advice
Main Page
Business Operations
Business Opportunities
Sales & Marketing
Advertising & PR
Finance & Accounting
Franchises
Home Business
Human Resources
Internet/E-Commerce
Legal Issues
Starting Up
Technology
Special Guests
Home
>
Help & How-To
>
Sales & Marketing
Help & How-To
Sales & Marketing
What is network marketing?
I need some clarification, because from what I've read here, it's kind of the same idea as importing and exporting.
Asked by adwa
Posted: Wednesday, August 08, 2007 | Found in
Sales & Marketing
More answers by
Pattie Simone
Answer by
Pattie Simone
While it's sometimes confused with pyramid schemes (in which people make money through totally illegal scams) any great boss can be considered a "network marketer" if his/her people help the company thrive under his/her leadership (assuming they get compensated for a department that outperforms!). Simply put for your purposes, network marketing is someone making money off the efforts of others who are selling tangible goods or services to a mostly consumer-based audience. Each person working for these firms has the opportunity to grow their
respective incomes by training (and making a portion of the profits
from) new company reps they bring onboard. There are several terrific companies set up under the network marketing model that are a famous including a mid-western basket company, a well-known scrapbooking firm and a natural skin care company.
As president of
Write-Communications
and founder of
WomenCentric
, Pattie Simone shares her sales and marketing savvy and communications expertise with executives and entrepreneurs across the country.
More Questions from Sales & Marketing
What kind of music can increase sales in a bar?
How can I get a steady flow of clients for my business?
Should I hire a firm to help me market my product to big stores like Borders and Barnes and Noble?
What can I do about customers who don't stick around?
How do I get my product into stores?
Recent Articles & Resources
We've gathered content from some of the best resources on the web. Find tips to help you run a successful business with this collection of videos, articles, expert blogs, and more.
Pitch: Texas Driving Experience
Watch Dawn Stokes pitch her company while Donna Fenn, a contributing editor at Inc. magazine, offers feedback and insight.
Word-of-mouth feeds organic growth
It’s the product itself that’s going to lure the customers. Dany Levy of DailyCandy saved money by avoiding billboards and relying on a grassroots
Help & How-To series: Business Plans
American Express OPEN SM brings you the best in business advice from today’s most sought-after experts in this promotion of Entrepreneur’s popular
Developing newsletter content is not hard
By focusing newsletter content on your customers and not on you or your business, people will clamor for your next issue. Don't get bogged down in
New Gold Banner for HP
New Gold Banner for HP
Search Answers
Meet the Experts
Tim Berry
Business Plans
View more answers by Tim Berry »
Nina Kaufman
Legal
View more answers by Nina Kaufman »
Brad Sugars
Business Operations
View more answers by Brad Sugars »
Pam Newman
Financial Management
View more answers by Pam Newman »
Lena West
Online Business
View more answers by Lena West »
Kim T. Gordon
Marketing
View more answers by Kim T. Gordon »
Pattie Simone
Marketing
View more answers by Pattie Simone »
Penny Morey
Human Resources
View more answers by Penny Morey »
Roy Williams
Advertising
View more answers by Roy Williams »
Ramon Ray
Technology
View more answers by Ramon Ray »
Jeff Elgin
Franchise
View more answers by Jeff Elgin »
Rosalind Resnick
Money and Finance
View more answers by Rosalind Resnick »
Elinor Robin
Employee Management
View more answers by Elinor Robin »
Paige Arnof-Fenn
The Entrepreneur's Life
View more answers by Paige Arnof-Fenn »
Bonnie Price
Marketing
View more answers by Bonnie Price »