Network marketing in India is bad or good? Some people say if you join network marketing then your skills will improve and you will achieve more in the future And some people say network marketing is the wastage of money.
So, today I will tell you about network marketing after that you will get to know is network marketing in India is good or bad or in which plan you should invest your money Now, there’s a company who wants to market his product so that they will be able to sell that product because without marketing nobody will come to know about it So telling people about the product is called marketing.
There are thousands of ways for doing marketing like digital marketing, traditional marketing, etc. Among all those different marketing ways there is one which is called network marketing In network marketing, you earn through commission basis But network marketing in India is different from affiliate marketing.
In affiliate marketing, you will give me X amount of commission after each sale which is done by me.
Network marketing in India the higher level of affiliate marketing. The person to whom I will sell my product will join my chain So when he will sell any product then I will make a profit Let’s assume I registered myself with a company as a network marketer Now, I am part of the marketing team of that company. Now, whenever I sell any product I will get a commission, or I will get a discount on that particular product. It’s all up to me which one I choose Now to whom I will sell my product so that person will also become a member. If he sells anything to someone so he will also earn some commission. The person who just bought will also sell to someone and he will also earn some commission and this process will keep going on and ultimately a chain will ready.
So, suppose a company just open and I am at the top and if lakhs of people are working under me. So if I earn one rupee from every single person so I will become crorepati.
This concept is shown to everyone whenever someone trying to sell network marketing in India scheme They tell us we can say this amount of money or that amount of money So if you join a company in the initial stages and if they succeed then you can make money Now, on what basis the company will succeed? If they have a good product. Nowadays there are numbers of parameters on the behalf of which a product is measured The first thing is the quality of the product should be superior, second is the product cost shouldn’t be high.
In India or any other nearby country cost, leadership works better than product differentiation. Cost leadership is the reason for the success of One Plus. they are flagship killers They provide a good quality product So you have to decide the product you are selling is a good quality product or not? Or is it able to compete in the market?
Now, I will tell you two different stories that are not about network marketing but you can relate to it First, let’s talk about the story of Oppo and OnePlus.
One Plus is a single parent company’s product. Oppo and Vivo sell works on differentiation and sells its product on the higher price And on the other hand, One plus the product is superior and they sell their phone at less price If we compare then One Plus is reasonable and Oppo and Vivo are expensive But, One Plus only sell on online market places and they don’t operate on High margin and that’s why they are able to sell their products on competitive prices. But they are starting to sell on physical stores soon After available in stores, One Plus prices will be raised because of the additional expenses like store expense, and all.
And If we talk about Oppo and Vivo then they offer high margin to their distributer’s So here cost leadership and differentiation both the things are working.
The network marketing company that you are choosing is following the ONe Plus strategy then there are chances that your company will become a big brand in upcoming days And if we talk about Oppo and Vivo then they are offering a huge margin to their distributors. So in the same way you are the distributor to the network marketing company.
So in this way, you will make more money. You will 1k or 2k after every person joins you and your money will be recovered after 3 joining So here the company is using the Oppo and Vivo strategy. And till yet Oppo and Vivo is the only one who is working on this strategy.
So while joining the network marketing company in India you need to check whether the company is following Oppo and Vivo strategy or One Plus strategy If the company is using the One Plus strategy and offering the superior product then you can join that company because It can become the brand But only join if you are in the top And if they are following the Oppo and Vivo strategy then you will always get a good margin.
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As the products of Amway are so expensive only a few people buy it. People say Amway products are good but big marketers position this product into people’s minds in such a way that they think good about it because they get a higher margin.
Network marketing in India is good but only if I join in the initial stages of the company whose products are good But the company whose product is not good then it doesn’t matter when I join them because I won’t get any benefit from them.
If the company is following the Oppo and Vivo strategy then I will back my whole money after joining 3 people and all those 3 people will my friends Then they will also have to join 3 people and after then they will blame you And where’s the money come relationship always ruins Your friend and your family members will always blame you And if you join in the company which follows One Plus strategy then people will appreciate and thankful to you because you add them and make them rich.
When we take our nutrition brand to the retailers then we got to know that our competitors are giving 40-50% of margin to the retailers. And they are selling the same product at the same price. For example, we are selling whey protein at 3k and our competitors are selling at the same price but still, they offer a 40-50% margin to the retailers but we can’t give that amount of margin because we only operate at 15% of the profit. And we are thinking where we are lacking? how can they sell at the same price after offering that amount of margin? Before they reduced the quality of the product.
In network marketing when you offer a huge margin along with keeping the price low then ultimately quality will suffer and this way company won’t be able to stay long. You can make a person fool once or twice but after knowing that the quality of the product is inferior then the person will leave you.