Network,Marketing,vs.,Traditio marketing Network Marketing vs. Traditional Marketing
Automation technologies represent a fundamental aspect of any modern industry. The major types of industrial automation solutions, such as DCS, PLC, SCADA, and MES, are used on a large-scale in process and discrete industries.DCS technologie Awhile ago, I got an email from one of the "gurus" I follow and it shocked me. The gist of it was this person wanted to trade services for a household item.To say it floored me would be an understatement.What was worse was a few days later t
The good thing is there have been many authors over the years that havewritten about network marketing- both inside and outside the field. One reputable example is Robert Kiyosaki, abest selling author and entrepreneur. Though hes not even in the business of network marketing, he is astrong supporter of the industry due to the potential and influence it has. He offers his explanation for why thisindustry presents the best chance of succeeding for anyone wanting to starttheir own business. His claim is thatthe model used in network marketing is similar to a franchising formula, whichcan be counted on to produce satisfying results if you have the requireddedication. In order to further evaluate a network marketing business, its a goodidea to think about what starting a traditional business would look like. For instance, what would likely be the firstthing considered a requirement? Ifyoure thinking money, youre absolutely right. And if you dont have a lot to begin with, youll probably needto find a bank as a resource. Beforethe bank loans you the money, theyll of course require you to prove to themthat the business idea you have is a good one and that its likely tosucceed. Bringing your ideas to thebank could even cost you money if youve paid for professional services to puttogether the business plan. So beforeyouve profited anything, youve already spent time and money to help yourchances of getting the money for your business. Once youve got the money you need from the bank by qualifying, thenwhat? For starters, youll need abuilding to house your office, which means renting space, which means thatyoull be required to put down a deposit of a month or twos rent. From there its likely that youll have tosign a contract for a portion of your lease. You can count on spending at least a couple of thousand dollars for thisprocess. Next, youll need to furnishyour new office with furniture and equipment. This could range from hundreds to several thousands of dollars,depending on your type of business. If youve guessed that the spending doesnt end there, you are on theright track. Insurance, taxes,advertising, and legal fees are all part of the picture. You will probably discover that youll endof paying for more things than you thought of the first time around. Besides the high cost aspect, the amount of time that will be investedis another part of owning your own business. On average, the majority of entrepreneurs work about 60-80 hours perweek. Youll probably come to thedecision to hire employees to help divide the load. This could end up being more of a headache. The reality is its not their business, itsjust their job, and so theyll never have the motivation to work as hard as youdo. And youll still have to cover forthem when theyre sick or late or out of town. Another drawback to a traditional marketing business is all of theoutside factors such as: customers thatrefuse to pay, competition, government regulations, and city circulationplans etc. Any of these have thepotential to run you out of business in any given time. Its a fact that within the first five yearsof existence, 90% of them go out of business. With this kind of statistic, it can be a scary thought to investthousands of dollars to come to such an end. On the other hand, a typical business in network marketing has muchless requirements. For starters, theinitial investment is typically low, usually under $500. Because you work from home, you wont needto rent out office space. And you canforget about the cost of extra insurance, legal fees or expensive marketingadvice. These things will be taken careof by any respectable marketing company. A nice advantage to a career in network marketing is that you get tochoose when and where you work. Anothergood aspect is the leverage it offers. If you sponsor others into your company they will each have their ownbusiness. This means that they are notyour employees, and will have the motivation it takes to be successful. Youll have the potential to networkindependent distributors in all parts of the world! In conclusion, Internet marketing may not be the perfect businessopportunity for you. In fact, nothingis perfect. However, by fairlyevaluating network marketing, its easy to see why some prefer it totraditional marketing methods.
Network,Marketing,vs.,Traditio