Network marketing: it’s something many people know about but haven’t done, yet they have a lot to say about it. While we all have our opinions, what matters more is the truth, which comes from actual experiences.
Feeling hesitant about entering network marketing due to the negative commentary you’ve heard from friends and family? Here are five common misconceptions that could be holding you back:
1. Network Marketing is a Pyramid Scheme
This is probably one of the most common myths about network marketing. People assume network marketing is fake, too good to be true, and something that forces you to make an upfront purchase to join, only to have no real shot of actually making a sale.
The truth is, pyramid schemes are illegal, and while they do exist, network marketing isn’t classified as this. There’s a real product to sell with genuine market value through a secure MLM credit card processing system. After recruitment, commissions can be earned per sale, even if you only end up selling one item.
2. Your Main (or Only) Support Will Be Friends and Family
It’s true that your family and friends are often the first people to support you when you enter network marketing. However, it doesn’t have to stay that way.
When you put real work into branding and marketing your offerings, you can garner trust from the general public and earn sales. So, even if you don’t have a big family and have few friends, you’re not at a total disadvantage.
3. The “Little Guys” At the Bottom Don’t Make Anything
Naturally, the people just starting will likely be making fewer sales. Even if they’re inherently good at selling products, they may not yet know the ins and outs of network marketing, which takes time to adapt to.
However, even the ones who just make one sale here and there are earning real commissions from their efforts. It’s not about how early in the game they are. Rather, it’s all about how they build. Are they doing zero work assuming people will come to them, or do they have a business mindset and invest into it?
4. It’s Fast, Easy Money
Network marketing, just like most ways of making money, isn’t one of those get-rich-overnight situations. It takes time, effort, and actual work. If you’re lazy or inconsistent, that’s an easy way to fail at anything in life.
Instead of going into network marketing assuming it’ll be an effortless way to make money, think of it as a business. It’s truly what you make it, whether that be a low-effort side hobby or an actual hustle.
5. It Involves Selling Cheap, Low Quality Products
You might fear that the items you sell will essentially be a scam. Think low-quality made-in-China junk that doesn’t do what it says it does, all for a big price tag for the customer. The truth is, authoritative network marketing companies have real products that they have put actual thought and effort into creating, priced at or slightly above market value.
When in doubt, you can always try the products for yourself or read reviews to determine if the product is something you could be proud of selling.
Conclusion
Network marketing doesn’t always have positive things said about it. More often than not, the people who talk negatively about it haven’t even tried it. With the latter common misconceptions busted, you can learn the truth about network marketing before potentially giving it a shot.
