Is network marketing good or useful for me or not? Should I try or not? These types of questions come into our minds at one time in everyone’s life.
So let me tell you that network marketing is the business of the future. You may find this strange to hear, but this reality is going to be revealed to you very soon. I am not saying this in the air. There is 100% truth in this. Network marketing is spreading very fast all over the world, and as long as there are people in the world, this business will continue because it is the business of the people.
Some call it a trapping business, some call it fooling around, some consider it the work of useless people, and some consider it a waste of time. I don't blame anyone for this because I know that the only reason for all this is that the correct information has not yet reached the people. Anyone who knows this business properly never leaves it and also becomes successful in it.
There are some tasks in the world that people do not understand easily. "Today we chat on Facebook many times throughout the day. And we are not charged any money for that, yet Facebook's name comes in the top 10 websites in terms of earnings.” Many people might not even understand that Facebook earns money, or even if someone knows about it, they would not know the reason as to how and where their income comes from.
Let's go, reader. First of all, it is very important to understand how any industry is formed and how it runs. If you understand this thing, then you will understand the next thing easily.
How does network marketing work?
Today, every company does its business through the formula of network marketing. Whichever person this company sells its product to, that person gets directly or indirectly connected to the company by using the company's product. If that person likes the product of the company and recommends it to any of his friends or relatives, I have benefited a lot from using this product of the company.
When is the best time to join any industry?
If we talk about business experts, then they believe that the best time to work in any industry is its negative phase because this is the time when there are not many people competing with you and there are also a lot of opportunities for progress. It happens. When an industry is in the negative zone and everyone is denying it, then definitely try to understand this sector deeply. Further, it is right to take any decision only after researching the chances of growth.
If someone joins and works in an industry in a negative phase, then when the industry grows well, how much success will that person get? This is not difficult to understand.
Why Network Marketing Business?
The network marketing business is currently in a negative phase. Even after this, there are some reasons for doing this work, such as
Despite being in a negative phase, this business has produced many successful people and millionaires. It can be started with little or no investment.
improves leadership quality.
Motivation is obtained by being with positive people.
Get inspiration to move forward.
creates the spirit of victory in a person.
Present and future of network marketing
The Federation of Indian Chambers of Commerce and Industry (FICCI) has accepted network marketing as a very big industry in India in the coming days. If we talk about the FICCI report now, the size of the network marketing and direct selling industry has been estimated at Rs 7,000 crore.
In the last 5 years, the direct selling business in India has grown at a growth rate of 20%, and considering this situation, according to FICCI, direct selling will become a business worth Rs 645 billion.
Developed countries like America, Australia, China, Japan, Korea, Thailand, Vietnam, Singapore, etc. have adopted this industry to a great extent, and people are also very aware of it.
To summarise, understanding network marketing is critical before making conclusions about it. Misconceptions aside, it's a developing sector with enormous promise. Even in the current downturn, many successful individuals and millionaires have emerged. It encourages enthusiasm, leadership, and a winning mentality. Estimated to be worth seven thousand crore, the Federation of Indian Chambers of Commerce and Industry acknowledges it as a significant industry. Direct selling is predicted to reach a valuation of Rs 645 billion in India, after growing at a rate of 20% over the previous five years. Developed countries have embraced and benefited from network marketing, demonstrating its bright present and future.
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