I make money doing both Internet marketing and network marketing. The question for a newbie trying to make money online is which way is better? Let's answer that question.
1. Network marketing. I have found that it's easier to build an MLM business when you incorporate Internet marketing into it.
The big advantage is in generating real prospects for your business. In the old days of network marketing you had to prospect in person or by phone.
This eliminated most people from ever really sponsoring anyone and building a large downline. Most people were never any good at handing out business cards, prospecting, identifying real prospects, setting an appointment, doing an MLM business presentation, following up, enrolling a new distributor, and teaching them how to do what you just did.
It's actually amazing to think about people like Mark Yarnell with Nu Skin, Dexter Jaeger with Amway, Jan Rhue with Discovery Toys, and so on were as successful as they were. This is why John Milton Folgg wrote the best-selling MLM book titled The Greatest Networker which is a parable about a young man ready to quit network marketing and what he learns to become successful at it.
In the past so much energy was spent on personal development because this was really the only way the average person was going to improve themselves to the point they would go through this whole process to build their business.
2. Internet marketing. Even with the advantages that the Internet provides most people still will never sponsor more than 1 or 2 people in their downline. The reason for this is using the Internet to build an MLM business takes online marketing skills.
It really doesn't matter what the business model is. Until you learn how to get traffic to a website you are not going to make money.
Based on this fact network marketing companies are incorporating a lot of training on traffic generation. This can still mean using offline marketing methods with your warm market.
However, in building a meaningful MLM business, you will need to learn how to promote your system of prospecting, sponsoring, and training using the Internet. The exciting thing about this is once you learn how to do it you can be in multiple network marketing businesses at the same time.
You may not be comfortable with that. You might just want to focus on one and building it as large as you can.
However, once you start making money with your first network marketing business, today many Internet marketers will take on a second mlm opportunity. The key to making this work for you is to outsource the traffic generation.
You can still put your personal touch on following up with prospects yourself. But you don't have to deal with anybody until they are a legitimate prospect. This is why network marketing is a great way to make money when you use Internet marketing to assist you in doing it.
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