Let's start with "Network" or better yet, "Networking"...according to Websters:
To interact or engage in informal communication with others for mutual assistance or support.
If you have ever been on the "presentee" end of a Network Marketing presentation, you have a fair idea that this portion of our industry is overlooked. I have to wonder whether or not we really understand what we have our hands on. If we (as an industry) could get back to the basics of true mutual assistance and support, we would improve the perception of our business overnight.
Also according to Websters, Marketing:
The commercial functions involved in transferring goods from producer to consumer.
Network Marketing is simply another way to move goods from the producer to the consumer. Pro-MLMers and Anti-MLMers alike are guilty of complicating this.
The amount of money you make in Network Marketing (scams not included) will depend only on the amount of goods you transfer from the producer to the consumer, either through direct retail sales or sales through your network.
Want to know how much money you will make in Network Marketing? Use this handy chart below.
- Move a lot of goods - Make a lot of money
- Move a little bit of goods - Make a little bit of money
- Move no goods - Make no money