Today, we’ll discuss the most popular way one can earn from home;
multilevel marketing also known as network marketing.
What is Multilevel marketing?
termed as distributors. The distributors are awarded commission through their sales and that of other distributors in their down line network.
their network. Products are sold at wholesale prices.The major advantage of multilevel marketing that makes it top the list of
the best home based business ideas in Kenya is that unlike other
industries that are affected negatively by the global recess, network
marketing does not. According to Donald Trump, some industries simply
take off when others are failing. A good example is in the early 90’s
and the real estate industry started going downhill, the multilevel
marketing industry was at its best. Entrepreneurial people tend to flock
to multilevel marketing opportunities during hard times. This makes
this strategy very popular especially in the hard economic times.
and services directly to the customers away from an established physical
location or store. Sales are made through word of mouth, party plan,
door to door sales, personal demonstrations, explanation and other one
on one contact arrangements. Therefore, it is basically direct personal
sale of services and products to consumers, in their offices or homes.
Direct selling is beneficial to the consumers too as it provides the
convenience of personal demonstration of products, wholesale prices,
awesome satisfaction guarantees as well as home delivery.Another advantage of multilevel marketing as a home based business in Kenya is that in contrast to typical franchising businesses, the start-up cost
for a direct selling business proves to be quite low making it very
attractive to average earners who would like to start home businesses.Network marketing is basically a numbers game. In order to build a large
organization you need to recruit distributors, sell to more customers
and plug your recruits into a duplicatable system so they can do the
same. The distributor that opts to build his or her network marketing
business using the friends and family method has a natural limitation to
the growth of the business. That limitation is that the distributor has
a limited amount of those people. In many cases the reason why one
network marketer is able to outpace another network marketer
dramatically is because of the limitations the second network marketer
has on his or her business.Being a game of numbers can also prove to be one of the greatest positive aspects of this business.This is because each distributor is given a chance to write their own
checks; you simply earn the much you’re willing to work for and this
basically means that the sky is the limit. With aggressive marketing
strategies, online marketing included, multilevel marketing is easily
one of the best home based business venture.
The best part of multilevel marketing is that it is a source of residue income.
As long as a distributor has referred a recruit, the recruit’s sales
will always add to the distributor’s income down to a certain level for
as long as the recruit remains an active member of the network.