Network Marketing Online: Simple Passive Income

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Network Marketing is a great vehicle for simple passive income. When you work with a network marketing company you get paid a commission when you sell the products, but you also get paid on the efforts of the distributors that you bring into the company.

As in all other forms of passive income there is an initial period of work where you have to put in some effort to sell product and find super star sales people who will follow your direction and put in the work required to achieve the higher levels in the company. But after awhile when you have trained a team and they are working at a sustainable level and they have even begin building their own teams you will begin to see the residual or passive income begin to flow.

The network marketing industry has been transformed by the power of the Internet. Now it is possible to attract and recruit lots of people for your teams so much more easily than when you were required to talk to every human being who came within five feet of you and recruit them to join your company. Now you can leave your friends and family alone and recruit members online.

Network marketing is an effective, simple passive income source because the cost of entry is low but the potential for making money is limited only by the amount of effort that you want to invest.

Most MLMs now offer a replicated website that you can use to attract people who are interested in purchasing your products and for signing up those who are interested in the business opportunity. You can also build your own blog and use attraction marketing techniques like videos and podcasts to get people to sign up on your team and work with you.

The Internet has made it simple and easy to generate your own leads as well. In the past marketers were stuck with spending lots of money on high-priced leads, but now you can easily set up a squeeze page and generate your own leads.

Network marketing is so lucrative because of the power of word of mouth referrals. If a good friend who you trust recommends a product to you, you are far more likely to purchase it than if you saw an advertisement for it. Big companies realize this and so they use virtual armies of sales people to go and spread the message about their products to their family and friends.

If you are a person who is into personal development, the network marketing industry might be a perfect fit because they offer lots of training and motivational programs to keep their people pumped up and motivated to spread their message. The health and wellness industry, which is booming despite a questionable economy, relies a lot on word of mouth recommendations, and many MLMs sell wellness products because they are so popular and consumable.
For simple passive income, take a look at network marketing opportunities as a vehicle for making money.

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