Saturday, April 18, 2020

The Power of the Network Marketing Entrepreneur Opportunity


Network Marketing is the highest-ranking industry in the world coming in at $190 billion.


Before delving into "The Power of the Network Marketing Entrepreneur Opportunity" let's start with a few definitions.

Network:
(noun) an association of individuals having a common interest, formed to provide mutual assistance, helpful information or the like.


Marketing:
(noun) the total of activities involved in the transfer of goods from the producer or seller to the consumer or buyer, including advertising, shipping, storing, and selling.


Opportunity:
a situation or condition favorable for the attainment of a goal


Entrepreneur:
a person who organizes a venture to benefit from an opportunity, rather than working as an employee. Entrepreneurs play a key role in any economy. These are the people who have the skills and initiative necessary to anticipate current and future needs and bring good new ideas to the market. Entrepreneurs are naturally drawn to network marketing opportunities. 

The Power of the Network Marketing Entrepreneur Opportunity contains three income levels:

Part-Time Income
Little Capital
No Risk

Full-Time Income
Leveraged
Income

True Financial Freedom
Freedom to create
the life you want 
to live

There are many network marketing opportunities in the world. How do you evaluate a good business opportunity and choose one that is right for you?

First, there are five things to look at:
  1. The Company
  2. The Products
  3. The Financial Opportunity
  4. The Culture
  5. Timing
There are three main components to look at when evaluating the product or service:
  1. Different What makes the company or business opportunity different?  What makes it different from the competition? What makes it unique?
  2. Advantage The difference has to give you an advantage over the competition or an advantage in the marketplace.
  3. Sustainable The business must be sustainable.
Where can you find Network Marketing companies? You can always do a Google search or take a look at the top companies as reported by Direct Selling News. On April 1, 2020, they announced the list of top direct selling companies in the world based on 2019 revenue. 

A few insights from this year's list:

  • 48% of companies grew year-over-year from 2018 to 2019
  • 2 of the top 10 companies reported increased revenue
  • Six companies grew by $100 million from 2018 to 2019
  • Companies ranking 11-25, seven reported increased revenue
  • Companies ranking 25-50, 15 reported increased revenue

ASEA Global is ranked 44 in the world with 2019 revenues of $170 million. You can find more information about ASEA on my website.


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