Never before in human history have there been this many opportunities to build your very own business. Before you use to need absolute mountains and mountains of capital, all kinds of specialized in skilled knowledge and expertise, and access to Titans of an industry that you could rely on to help guide you through all of the necessary processes – and even then success was anything but guaranteed.
However, today, all of those old barriers to success are all but eliminated entirely. People are literally building their very own businesses with little more than an idea, dream, and Internet connection – creating the kind of multi-global businesses that we simply never could have imagined just a few short years ago.
But when it comes to making money online, the two real major “realms” of business fall into these distinct categories – network marketing and Internet marketing. And though they share much in common, the truth of the matter is that they are two completely and different types of businesses relying on completely different business models and will require completely different approaches to succeed.
Hopefully will be able to provide you with the inside information you’re looking for to choose the right business model for yourself.
What is network marketing?
Network Marketing is the distribution of products and services through a network of independent representatives. Each representative is responsible to consume a small number of products. And recruit others to do the same. Sales volume is generated through a lot of people each month buying and selling a small number of products.
Commissions are paid based on training new distributors and the consumption of the products and services within the network. A company offering a product or service can eliminate the need for expensive advertising campaigns. By deploying a network of distributors and also get paid for sharing products they love with others through word of mouth. Network marketing is getting paid over and over for working one time. Passive income and royalty income that comes in month after month.
What is Internet marketing?
Internet marketing in and of itself is simply using the Internet (maybe the world’s greatest invention – at least and thus far) to instantly communicate with hundreds of millions of hot prospects with the click of a button.
The Internet has absolutely blown down all of the old barriers to commerce, allowing you to create a business from scratch with free or almost free tools, technologies, and strategies that you simply would not have had access to otherwise.
Internet businesses are almost exclusively run and operated on the Internet (big shocker there), but that doesn’t mean that you cannot implement specific parts and components of network marketing into your Internet marketing business – or vice versa.
In fact, the best business model may be blending these two specific strategies into one another (taking the best of both worlds, if you will) and creating a completely new model – dominating your market and industry almost right off the bat.
While it’s impossible to say which strategy will work for your specific situation, the important thing to realize is that both of these models have proven effective. Best of luck, and may you enjoy endless profits!
Now it’s your turn!
What are your thoughts with Network Marketing vs Internet Marketing? Do you like one more than the other? Please leave your feedback in the comments section and I look forward to reading them!