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Transcript
*Warren Buffet's largest acquisition last year was Pampered Chef, a network marketing company.
*The world's 2 largest cosmetic companies are network marketing companies: Avon and Mary Kay.
*1 out of every 6 people in Japan participate in network marketing. Number of active distributors in
doubled within the past 5 years!
the US has
FORTUNE MAGAZINE called direct marketing (of which network marketing is the largest segment) “the best kept
secret in the business world”. Financial experts say it is ‘recession proof’ and Billionaire Warren Buffet, after
purchasing a network marketing company, called it the best investment that he has ever made. Tom Peters, author
of ‘In Search of Excellence’ calls it the first revolutionary shift in marketing in the last 50 years.
Why the Interest in Network Marketing?
The main reason so many people are entering network marketing is that it fits the current marketing trends. If you haven't
figured it out by now, the baby boomers (those born between 1946 and 1964) are in control. Seventy-six million strong in the
United States, and over a billion worldwide, the boomers have dictated what's hot, from baby food to fast food to minivans to
SUVs. Now the boomers are looking for products that'll help them look and feel younger, and for ways to secure their financial
future and enjoy more time freedom. Network marketing offers the answers.
Tired of the corporate rat race, many people are starting home businesses in record numbers. CNN reported that a new
homebased business is started in the United States every 11 seconds. The home-business boom is the next big trend, and
network marketing is one of the hottest home businesses available. It offers low start-up investment and monthly overhead, and
entrepreneurs can start part-time, while still employed, and build the business to replace their current job income. Age, gender
and race aren't barriers in network marketing; in fact, well over half of the success stories are women.
It is interesting that last year Warren Buffet purchased a direct sales company called the Pampered Chef. Also, Sir Richard
Branson created a whole new line of cosmetics called Virgin Cosmetics that is marketed and distributed through direct sales
over the internet. It has been so successful he has started Virgin Vie At Home featuring a whole new line of products. Virgin’s
success is a result of combining P2P, multilevelmarketing and the internet. Direct sales, P2P, multilevel marketing and the
internet are naturals. They fit together in what will prove to be the greatest marketing adventure in the 21st century. The real
power here lies in combining direct sales through MLM over the internet. These three combined in one strategy will deliver a
knock out punch to the traditional retail industry.
The first step before getting into direct sales is to choose some products that interest you and then find the best company with
the best products. We think direct sales
in the health and wellness Industry offers the greatest opportunity. Americans spent $70 billion on vitamins and food
supplements alone last year. The health and wellness
industry will grow in the double-digit range for years to come as baby boomers look for more solutions for better health and
energy and for anti-aging products. Of the companies we researched, Arbonne International (www.arbonne.com)
stood head and shoulders above the competition. The company is 26 years old and sells close to 300 different
personal care products that are all pure and safe. The company grew 164% in 2005. Sales have increased an
average of 106% per year for the last five years. By comparison, Herbalife grew 19.6% last year. Avon grew
5.2%. Arbonne’s phenomenal growth began when a private equity group called Harvest Partners purchased
the company and installed Robert M. Henry as CEO.
A pay plan that is more accommodative to independent consultants and giving away free samples are contributing factors in the
exceptional growth pattern of Arbonne
International. With easy entry, low start-up costs, and the flexibility to work at your own pace, this is a great opportunity to
build another stream of income. If there are any secrets to being successful in direct sales, here they are: Understand that
learning this business is a journey in self-mastery. Tackling the emotional roller coaster and developing interpersonal
relationship skills is an evolution of your own personal growth. Self-improvement and progress in ways you never dreamed are
possible when you enter this field. The second secret would be to find strong leadership and duplicate your up-line. They have
the knowledge and the tools, and they stand willing and able to help you along your journey. Rewards in direct sales are greater
than in any other business you could enter, and when you reach the top, you will have all the personal and managerial skills
necessary to run any company in America.