Hundreds of different products are sold through the business of network marketing (MLM or multi-level marketing). Companies selling soap, cosmetics, vitamins, nutritional supplements, energy drinks, long distance services, water filters, gold, and almost everything imaginable have long used MLM as their method of distribution. Newcomers to the MLM business are often owners of companies which have been in existence for several years. They discover that the network marketing industry is a way for them to move more product and create more wealth.
Using MLM and the home party system, a new kid on the block in network marketing is in the area of food storage and emergency preparedness. Customers may buy the products on a monthly basis at affordable prices in order to develop family preparedness. MLM is a home based business concept which allows people to introduce others to the products and the opportunity. By signing up people under them to buy and sell the products, they may be able to earn money from their downline which consists of all those signed up under them to a certain level.
Each network marketing company sets its own compensation plan to pay their distributors. They decide what percentages can be earned and how many levels to go deep and how far to go wide. Width is usually determined by those personally enrolled as distributors under the person. Depth is how many levels on which they will pay.
It is generally well known and accepted that the products in MLM are higher priced than comparable products in retail stores. The companies need to be able to pay their distributors from their profits. The owners of the companies are often the people who become the richest as they earn money from all the distributors who buy the products but who never made a dime because they did not qualify for the payouts.
However, this industry remains one of the few ways that a person can start for a very small investment of cash and have the potential to become wealthy. MLM has been making millionaires for years by allowing people to leverage themselves. They sign up people once and can get paid on them for years as they continue to order. Additionally, they get paid on the efforts of many other people whom they never know. As long as people are buying products and the distributor is active in the pay plan by personally purchasing monthly, there will be money to be made.
With the many disasters around the world and the bad economy causing havoc in peoples life, it is plain to see that emergency preparedness and food storage are worthy endeavors for everyone. Being prepared can cause a sense of well being and security if and when problems arise. One never knows when a tragedy will hit.
People who are interested in food storage and emergency preparedness or who want to find a home based business might consider this new endeavor in network marketing. There are good possibilities, and there is money to be made in this area.