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The following article was published in our article directory on March 3, 2016.
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What is Network Marketing?

Article Category: Advice

Author Name: Chris Bjorklund

What is Network Marketing?

What is Network marketing? As more companies implementing networking models in their core functioning, the concept of network marketing is slowly getting popular. Businesses and business minded individuals alike are slowly realizing the potential of this symbiotic partnership and both are stepping forward to implement such policies or become associated with one.

The concept of network marketing is akin to multi-level marketing and uses the implementation of such policies for increasing the revenue and generating more partnerships and networks, which will ultimately prove to be profitable for the company. Network marketing uses the similar ideology of multi-level marketing except here, the payouts and payments of different distributors and partners are made on different levels. It is very useful to the parent company or the sales team when the network of distributors start bringing in revenue.

Network marketing companies use the concept of marketing in multi-level similarly.

They also start generating referrals by word of mouth or references. The network module of distributors presents within the parent company is required to engage in sales tasking for the parent company and bring in revenue. They are not franchises. The distributors are also paid and compensated at different levels of payouts and remunerated on an individual level.

Network marketing is almost similar to multi-level marketing in nature but the payments for each distributor or partners are handled at different levels. The distributors may also hire other people or individuals who will thereafter work for the company as distributors and thus a whole system of the network is created.

Top companies which successfully implemented the concept of network marketing are mentioned below:

There are many factors, which need to be considered in deciding whether a corporation is a good networking company, or not. The company must have described its module as a networking module or a multi-level module. They should have been in business for at least eight years or more. They also should have successfully implemented the concept of networking and distributors on a higher level of management.

Some of these companies which can be termed as excellent networking companies are Amway, Melaleuca, USANA, Jeunesse Global, Nu Skin, Isagenix, Herbalife, Arbonne, Xango, etc to name a few. Other notable mentions are Synergy World Wide, Morinda, Mannatech, Shaklee. All of these companies have been in business for over eight years and have implemented the concept of marketing on a network basis.

About the Author: Chris Bjorklund is an expert when it comes to What is network Marketing. To find out everything about What Is Network Marketing, visit his website at Chrisbjorkplan.com.

Keywords: What is Network Marketing

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