Nowadays, network marketing has become super popular. Many people are ditching their jobs to try their luck in this lucrative industry. While some are just looking for ways to make some extra cash, others are hoping to find a side hustle.
Some people are fed up with their monotonous jobs and want to explore something new. Network marketing can be a great option if you are one of them, as long as you know what you’re getting into. It allows you to break free from your monotonous life and venture into an exciting journey towards financial independence.
For those wondering how to get started with network marketing, this article is for you. Plus, we’ve got a chance to kick off your network marketing journey today with QNET India.
So, what is network marketing?
What is Network Marketing? How does it work?
Network marketing is an opportunity that allows individuals to network with others to create a business stream.You might sell products to your family, friends and those around you through direct marketing, also known as direct selling. Direct sellers earn by selling certain products or achieving a certain amount of product sales volume (PSV).
The network marketers also recruit others as part of their sales teams. These recruits follow the network marketing process by directly selling to their contacts. The members recruited by the network marketers are referred to as downlines.
One great thing about network marketing is that the network marketer or the upline can earn a percentage from the sales. So, whenever someone in your network reaches a certain percentage of sales, your upline also gets compensated. This process is also called Multi-level marketing (MLM).
The growth of network marketing has been such that 62% of members participating in it earn long-term supplemental income, while 25% of members earn profits through network marketing. It is estimated that there are already 10.5 million people who have chosen network marketing as their full-time profession.
Doesn’t that sound quite lucrative? So, let’s shift our focus to an opportunity that helps start a network marketing business and experience many more benefits.
QNET India’s entrepreneurial opportunity is one of the best ways to become a network marketer and carve your path towards financial freedom. Being one of the most reputed companies, QNET India has helped thousands of entrepreneurs realise their dreams and become successful network marketers.
Let’s explore a few more benefits of becoming a network marketer with QNET India.
Benefits of Network marketing with QNET
QNET India provides excellent growth potential and a chance to create your destiny. Here are some of the significant benefits in the realm of network marketing with QNET India –
Whenever anyone talks about starting a business or getting into entrepreneurship, the very first question that comes to our mind is investment. While starting as entrepreneurs, we often worry about losses in the initial days and the need for capital until we break even.
This isn’t the case with network marketing. Even if it is about selling high-quality retail products, one need not start with very high investments. There have been instances of people starting as network marketers with zero investment.
Network marketing businesses are less risky than those in other industries, and the probability of success is more significant. With a smaller investment, you can establish an identity and generate your own sales team instead of the conventional business, where considerable investment must be made.
Despite the sizable investment, you would have taken a massive hit if the business had not operated. Fortunately, this was not the situation with network marketing.
Historically, companies have hired or fired personnel depending on their financial success or failure. During the COVID-19 pandemic, many firms have suffered financially and downsized their staff. Moreover, the AI disruption has caused even more job losses and business closures. In other words, there is no job security when working for someone else.
Things work a little differently in the network marketing business. The industry may see companies enter the market or leave with their products and services. But your network is yours; no one can take that away from you. The line of business in terms of products and services may change, but the network remains the same, providing you with job security.
Flexibility of working hours
A conventional job requires a commitment of a fixed amount of time. Most jobs require you to be available between 9-5 every day. This is regardless of whether you’re motivated or not on that particular day. Today, many jobs require you to be sedentary in front of a laptop screen.
You can choose when you work as a network marketer, which is pretty cool. You also get to be in charge of your tasks, whether it be getting more sales or growing your