Network marketing has been present since the pre-Internet times and it has
received its share of bouquets and brickbats both. However, this is a
moneymaking route as is clearly evidenced by the thousands of millionaires it
has spawned at a global level.
The concept is too darned simple – you build a network of people and jointly you
promote a product or service. At the same time, you try to bring more people into
the network. For each person that joins the network, the upline members earn a
commission.
Direct sales bring in the money too, but the main commission is
brought in through the commissions that the network building generates.
However, the implementation is not quite as simple. Building the network can be
formidable to most people.
Even so, there are many facilities you get so that you
can build the network well. You get a website from the network marketing
company that you join, you can attend physical seminars and webinars and you
have access to a host of material, online and offline, where you can learn how to
promote your network to the hilt.
You need to remember one thing – joining a network marketing opportunity
could be a life-changing experience. You might begin seeing everything in a
totally new light. But that’s the way you can earn all those six-figure incomes a
month.
Two of the most popular network marketing opportunities of the world, Amway
(http://www.amway.com/) and Herbalife (http://www.herbalife.com/) promote
themselves on a global level. Joining such opportunities carries the great benefit
of prevailing goodwill that you can cash upon.
Also, they have their own training
and orientation programs all over the world which can help you start out on the
right foot.
The drawback here is that there are a lot of players in network marketing
(also called as multilevel marketing or simply MLM) world.
A lot of them are
scammers and these are the people who have given the industry a bad name. You
have to particularly beware of pyramid schemes in which people earn only
through building a network but don’t have any product to sell.
In most parts of
the world, pyramid schemes are considered to be illegal and the people involved
in such an activity could be prosecuted by the law.
How Net Auctions can bring in the Money
Online auctions could be a good means to earn a good amount of online income,
even residual income.
As the name suggests, net auctions are auctions that are conducted over the
Internet.
These auctions are places where you sell items to the highest bidder. It
works just as a real auction. A product is showcased to the audience and its
features and benefits are spelled out.
Then a minimum bid is marked. People who
are desirous of laying their hands on this product are supposed to bid at an
amount higher than this minimum bid.
The auction then sells over the product to
the highest bidder when the bidding time is over.
You could very well become a member of an auction site and buy and sell
products for a profit.
The profit comes in as the bidders will bid for sums higher
than what you bought the product for.
Here you need to have a discerning eye.
If
you are discerning about the product you purchase, you will have bought a the product that has a good selling potential, which means you will be able to turn it
over for a good profit.
There are many online auction sites nowadays because this genre of home
business has become really popular.
Some other popular auction sites are:
Note that some of these sites cater to particular niches of products or are
available only in a particular geographical area.
Do some research on the sites
before you decide which of them you want to go ahead with...
The online auction sites are highly secure sites and they might need approval
before allowing you to join as a member. But this is a good thing because you can
be sure your interests won’t be compromised on the site too.
The payment is
usually prompt, but some might pay at the end of the month for the products
sold, subtracting their cut from the sale.
Speak out your Mind and get paid for it!
Not many people know that they can really earn money for calling a spade a
spade. On the Internet where anything goes, this happens too!
There has always been a lot of talk about online surveys being a veritable source
of income. So how good are they? The fact is that online auctions can bring in
money, but they won’t make you a millionaire.
If you are looking at a method of
online income that can help pay some of your bills or pay for the groceries and
some other utilities, then online surveys could be an interesting way to do it.
But why do surveys work in the first place?
These surveys are a parameter for the
manufacturers to improve upon their products. By the opinions people put in
these surveys, manufacturers come to know what they must do in order to
improve the prospects of their products.
They come to know how they can
increase the business potential of their products.
And for that reason, they don’t mind paying people who speak their mind out. It
becomes almost a research subject for them, on their own product, and it helps
them immensely for their product betterment.
A company that conducts a lot of
surveys also gets better credibility on the Internet because people speak favorably
about the company.
They get the impression that the company really cares for the
preferences of its clients. It really helps in this world where viral marketing is
slowly becoming the norm.
So, where do you get online survey sites where you can chip in your tuppence and
get a lot of money for it?
The answer is – all over the Internet. Just do a casual
search on the Internet and you will find a host of sites waiting for you.
Here are two of the more popular ones:-
– paid and free.
The paid ones carry an
assurance of better income and you can get surveys that better match up to your
preferences and interests. However, to get into the mold, you could start off with
a free site and see how it goes. Remember that this mode is not going to make you
rich, but will garner some income on the side.
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