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Successful entrepreneurs often distribute products for leading network marketing companies that offer unique, high-demand products and various sales strategies, such as party plan sales and e-commerce. These companies specialize in consumer products like vitamins, cosmetics, and household goods, and offer preferred customer programs for monthly autoships.
Many successful entrepreneurs are distributors of some of the leading network marketing companies in the world. Network marketing companies, also known as multi-level marketing (MLM) companies, that offer a range of products with broad appeal and marketing strategies that are both varied and accessible tend to be the most successful. Good network marketing companies typically offer unique, consumable, high-demand products, or a combination of all three. Major network marketing companies also offer distributors the opportunity to sell products through one of several proven strategies, including party plan sales, online ordering, and customer favorite programs.
The most successful MLM companies offer quality consumer products that both retail customers and distributors use and buy often. Consumer product ranges often include vitamins and other nutritional supplements, cosmetics, skin and hair care, household cleaners, condiments and convenience foods. Household goods and health care companies rely on customers using and repurchasing these products on a monthly basis. Several major network marketing companies offering retail customers the ability to receive monthly autoships of the most used products. These preferred customers receive a discount on the products in exchange for allowing the network marketing company to regularly bill a credit card for the cost of the monthly product order.
Other major network marketing companies specialize in products that are unique and best sold through hands-on demonstrations. Distributors trained for these MLM companies demonstrate and sell items such as cookware, candles, cutlery, educational toys, food storage, and high-fashion apparel. These demonstrations can take place at the customer’s or distributor’s home. In some cases, the client is encouraged to invite friends for a group presentation of the network marketing firm’s product range. This marketing concept is known as party plan sales, and the host of these sales parties earns a percentage of the party’s sales in the form of credit that can be applied towards the purchase of additional products.
Major network marketing companies are generally internet savvy and in many cases offer e-commerce opportunities to distributors. These companies offer pre-built websites to distributors and offer customers the ability to order products directly from the network marketing company. The distributor receives a commission on the sale and, in many cases, on any future sales to that customer. In addition, potential distributors often have the opportunity to receive more information about the network marketing company’s business opportunity and can even sign up as a new distributor online.
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