Network marketing business opportunities
 

Home Business network marketing is an increasingly popular method by which companies distribute their products. For this reason, there is an abundance of network marketing business opportunities around. But what is network marketing, and how does it compare with traditional marketing?

In traditional marketing, a manufacturer sells to an importer, who sells to a wholesaler, who sells to a retailer, who then sells to the public. Each of these companies has an advertising budget, so their profit margins need to be large to cover their advertising and distribution costs.

Home business network marketing works on the power of recommendation. In fact, you are already involved in network marketing. You do it every day that you recommend someone or something. Maybe it’s your favourite hairdresser or masseur, or your favourite movie or car. You talk about it to your friends, and then sometimes they like what they hear and want to try it too. This is home business network marketing. The only difference here is that you are not being paid for your recommendation. You are providing free advertising.

So why would you want to take advantage of these network marketing business opportunities, and become a distributor with Young Living? Well, first and foremost it has to be because you love their products. If you love them so much that you would share them with people anyway, then it means you are doing what you’d do naturally, but receiving a financial gift for this.

As a distributor for Young Living, you are paid a commission on the sales that are made by your friends and colleagues – the people you have introduced as direct customers and distributors with Young Living. You don’t need to carry stock or handle transactions – you simply introduce others to Young Living, and they place their order directly through Young Living. You receive a commission every time they order*, generating a residual income stream.

Network marketing business opportunities
Residual income is a form of delayed gratification….it’s money that grows over time, due to the activities you do now.

If you go to any wealth creation seminar, they will most likely discuss residual income. This is the income you make when you are not working. Sound good?

Residual income is like the royalties that an author is paid for their book. An author takes many months or years to write a book, unpaid, and their income arrives down the track as copies of the book are sold. And if the book is very popular, and they’ve done a good job promoting it, this income can be substantial.

The same applies with a Young Living network marketing home based business. You do what you do naturally – recommending the products to others (because you believe in them). And in return, you receive a commission for those sales*.

Initially you might have put in quite a bit of time to educate a customer about the benefits of the Young Living products, and the commission you receive may seem small in proportion to the time you’ve invested. However, every time this person orders, you continue to receive a commission. So over time, if you add up all the commissions you have made from this person’s orders, it becomes a very good return for the initial time that you invested. Hence you put the work in at the start, and receive the greatest rewards over time.

As you share with more and more people and your Young Living “team” grows, this residual income can turn into a very substantial income stream that gives you the freedom to do the things you want to do in your life.

And just so you are not thinking that it all comes down the track….Young Living has various bonuses that can help you to earn quick income too, from your first month as a distributor. So if you are wanting to generate income quickly, and you dedicate yourself to your Young Living network marketing home based business, you will be delighted with the results (both now, and down the track).

Home business network marketing
Residual income is wonderful, but here is something that is even better….and it’s called leveraging.

Leveraging occurs when someone in your team goes on to share these products (and business opportunity) with other people. They decide to become a Young Living distributor themselves.

As they bring new people into their team, you can earn a commission on the sales volume of everyone*…..even the people that you didn’t directly introduce to Young Living.

This is a ripple effect in action.

If you understand this, you will understand that you are leveraging your time. Your distributors are growing their own businesses, but in doing so they are also growing yours. If you have 10 people in your team, and you are all putting the same number of hours per week into growing your Young Living network marketing home based businesses, then it’s as if you were working 10 times as much, but with no extra effort.

Their success is your success. Hence it’s in your highest interests (and theirs) for you to offer them every bit of support they need. The more successful they can be, the more your abundance will also flow.

As your team grows, and the number of distributors in your team grows, the leveraging benefits to you grow tremendously.

Network marketing home based business
Through this simple explanation, I hope you will recognize that growing a Young Living home business with network marketing is like planting a field of sunflowers. There is a lot of dedication and patience in the growing phase, but this pays off as your field of customers and distributors grows. The greatest rewards come to you when your field is in full bloom. It is at this point that the benefits seem to grow exponentially.

As your team grows, you will find that your income becomes independent of you. You can take a holiday, or time out, yet your income with Young Living continues. This is true wealth – the income you earn when you are not working. So even if you decide to keep your regular job, having additional residual income and leveraging such as that offered by Young Living is a very positive choice.

* Refer to the current compensation plan for any qualification requirements for earning commissions from your network marketing business opportunities.

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