For those who aspire to be an entrepreneur then there is no better decision than considering network marketing. For the 6th year, a stupendous growth was observed with network marketing in the US. From 2014 to 2015, a 5% increase was observed and the retail sales rose up to $36 million. Reports revealed that the overall growth has opened doors to entrepreneurship and technological breakthroughs have helped ventures to evolve in the forthcoming years. Facts elaborate on reasons why network marketing has grown in the economy.
As far as direct selling is concerned, individuals increased from 15.8 million in the year 2010 to 20.2 million in the year 2015. While such kind of marketing still remains to attract women, the business model reflects the population across different regions of America. Since 2014 global retail sales reached $183 million in the year 2015. Besides the United States, China, Korea, Germany, Japan, Brazil, Mexico, France, Malaysia and the UK are recognized for network marketing. Today, since everyone desires to run a business, 86% of the people think positively of building a business. It offers means to deal into something for themselves. Engaging people as well as a personal touch aids to purchasing a product from the existing stock.
In the E-Commerce realm, numerous platforms have served as tools to expand businesses. Round the clock training modules and online ordering have made it very much simpler for network marketers to succeed. Particularly is the past, instant access to information and social interaction has helped to identify brands in a better manner. Moreover, peer reviews and validations enable to comprehend what the business is all about.
Why Network Marketing?
- Increasing income annually is one of the reasons for which one must opt for network marketing. When an individual is on a job, the pay rise is not proportionate to the inflation. While inflation increases by 10%, the pay rise is around 2%. However, with a venture, it is easier to get many customers which add on to the profit.
- Financial freedom is what a person can think about with network marketing. Even when a person is not present, a business can help earn lots of money. On the other hand, when someone quits a job income also stops. So, it is imperative to stick to a job for years so that the individual continuously adds to the balance of the bank account.
- Working for less hours but gaining more is one of the biggest advantages of network marketing. He or she would be delighted to watch other people grow as the business grows. In fact, spending time to enjoy life is actually what someone can expect in the long run.
- More appreciation and recognition could be gathered when a person starts running a company. A business owner is a part of a social community who want others to succeed as accomplishments benefit everyone.
- A person is all by himself when the business is driven by a network marketing model. A good mentor not only helps to generate funds against the investment but also aids to make a good amount of profit even when the business hasn’t gathered momentum.
- A business owner would have a whole new experience in interacting with ambitious people once network marketing comes into place. A new culture supports business growth and helps you to stay connected with businessmen.
- Tax incentive is one of the benefits a person reaps once the business runs in full swing. Major expenses like transport, computer, or even a phone on which tax is deducted can be easily paid off through incentives.
So, pursue your dreams with network marketing. It certainly plays a role to fulfill your needs and keep you pacing ahead with a different lifestyle.
