The network marketing business was started before five decades. Those who want to start their home business can join the network marketing company and start making profits by selling their products. The advantage is that you don’t need to manufacture a product. You become a distributor of your parent company and start selling their products. You will be paid a commission amount for every sale you make.
The secret of success behind the network marketing business is the ability to sell products. This can be done by selling the product to more customers and by building a large down line. The product you are selling determines both of these factors.
When you are selling a product that is bought once for a lifetime, you cannot use the same customer again for selling the product. With network marketing you will be selling the same product. Therefore, the next time you need a sale, you have to reach a different customer.
Think of a situation where you have customers that come back to you periodically for buying the same product. Such types of products are called consumable products. The meaning of consumable is that people buy the product, use them up and will come back to you to buy the same product. With this, once you sell a product to a customer then you can expect the same customer to buy the product again and again.
You can make residual income with existing customer base and when you bring in more and more customers you are actually expanding your business. The consumable products will attract other distributors and you will have many leads joining your leads. As they all have the same advantage, you can have endless sales. Of course, the product you are selling must be of good quality and must be priced reasonably.
Household products are good examples of consumable products. Anything from soaps, detergents, shampoos fall under this category. These products are also available in the local market at cheap prices. You have to compete with these products and you must make your household product stand out of the rest. These products are all required in all houses and people can easily replace the brand they are using with your brand.
Many network marketing companies are offering health pills for selling. The world is polluted and many people are suffering from various diseases. It is necessary to strengthen the human immune system. So many people are interested in buying vitamin supplements and other health pills. But you won’t have a place for these things in all monthly budgets.
Health drinks are also sold by many MLM companies that promise to improve the health of the person drinking it. When the product has expected results, then you can expect the people to stock these things in the refrigerator.
When you sell consumable products, you have the advantage that people will be coming back to buy it very frequently. You must choose products that can be sold once in a month at the least, rather than once in a weak. If you choose a company offering highly consumable products to sell, then you can really become a millionaire with your home business.
