Network Marketing is a lucrative multi-billion dollar industry that has really become the saving grace for many of the worlds 'income seekers' during these challenging economic times. If you happen to be looking at joining up with a company, you can expect to find that there are numerous niches that exist within the Network Marketing Industry that fit into four main categories.
Below is an overview of the four major industries and what they offer to partnering reps:
1. Health and Wellness
The most popular niche that is available in the Direct Sales/Network Marketing Industry these days is the health and wellness niche. This industry is reckoned to be the most popular because more and more folks are becoming health conscious, in conjunction with the influence of the aging Baby Boomer population.
These products are highly consumable and have a extensive appeal to the masses. They are generally known as 'alternative medicines' because of their ingredients consisting of natural herbs.
The Health & Wellness products normally promote bettering health problems, increasing the energy and body's immune system, while some even promote super fast weight loss without adversely damaging the body.
This niche is big on recurring order, direct sales and consumable products. Working within this niche enables you to acquire a hefty residual income if you have a good deal of distributors concentrating on shoppers who consume the products and commit to autoship.
2. Cosmetics and Personal Care
Following the phenomena of health and wellness is cosmetics and personal care. This niche focuses primarily on direct selling and consumer products as well, but instead of dealing with products to help your health, they deal directly with the image industry.
Make up and personal care product companies are designed to just help you look your best. While health and wellness may help you feel your best, personal care companies help you to look your best.
Personal care product companies offer full marketing tools and training for certain product lines that are released to the market. The product line is promoted by hosting home parties, demonstrations, and business opportunity meetings. While health and wellness focuses more in recruitment, the pay in cosmetics and personal care comes from the total number of products sold within a specific time period.
3. Online Marketing Companies
Since the advancement of the World Wide Web, a lot more people are becoming Internet savvy and are in search of approaches to financially benefit from it. With this Internet Marketing Wave, network marketers are beginning to switch to web based marketing to promote their products and services.
As the world becomes even more comfortable with shopping online, a new niche of Network Marketing industries has surfaced, and we will talk about two of these primary Internet Marketing companies below:
A. E-commerce Companies
These are Network Marketing companies that sell various products and services by way of the Internet. They cover anything from clothing lines to books to various informational applications amongst other services.
Just about the most profitable Internet businesses deemed by these companies is e-book merchandising. The cost to create an e-book is very little if any, keeping overhead very low.
Another significant advantage to Internet products is there are no shipping costs, on account of digital downloads. Once bought, the product is often immediately downloaded directly to the customer's computer, making the customer extremely happy and the company excited with wonderful profits.
Other sorts of downloadable information products include CDs and DVDs.
B. Internet Service Firms
There are also companies that specialize in offering internet services. Their business services center 100 % on servicing marketing with the help of Internet tools like web hosting, web design software, auto responders, and e-mail marketing systems.
The market for this sort of network marketing company is pretty much unlimited given that millions of classic businesses are now acknowledging the internet as their most dynamic marketing and promotional tool.
4. Home Party
Another popular type of niche within the network marketing industry is the home party niche. It is mostly favored by stay at home parents searching for part time income.
A home party business only requires minimum investment to obtain your product demos, websites, and other marketing tools. Deemed as the most family-friendly of all network marketing companies, this business is a gratifying way to earn revenue. By joining a home party company, associates get to enjoy flexible schedules and take pleasure from networking with various types of people.
There are even more niches within the network marketing industry that we did not go into here like the traveling niche, investments niche, energy companies and motivational and educational niches. However, as you continue on your search to find the ideal fit for you, please ensure that you partner with one that you believe in and will enjoy!
Below is an overview of the four major industries and what they offer to partnering reps:
1. Health and Wellness
The most popular niche that is available in the Direct Sales/Network Marketing Industry these days is the health and wellness niche. This industry is reckoned to be the most popular because more and more folks are becoming health conscious, in conjunction with the influence of the aging Baby Boomer population.
These products are highly consumable and have a extensive appeal to the masses. They are generally known as 'alternative medicines' because of their ingredients consisting of natural herbs.
The Health & Wellness products normally promote bettering health problems, increasing the energy and body's immune system, while some even promote super fast weight loss without adversely damaging the body.
This niche is big on recurring order, direct sales and consumable products. Working within this niche enables you to acquire a hefty residual income if you have a good deal of distributors concentrating on shoppers who consume the products and commit to autoship.
2. Cosmetics and Personal Care
Following the phenomena of health and wellness is cosmetics and personal care. This niche focuses primarily on direct selling and consumer products as well, but instead of dealing with products to help your health, they deal directly with the image industry.
Make up and personal care product companies are designed to just help you look your best. While health and wellness may help you feel your best, personal care companies help you to look your best.
Personal care product companies offer full marketing tools and training for certain product lines that are released to the market. The product line is promoted by hosting home parties, demonstrations, and business opportunity meetings. While health and wellness focuses more in recruitment, the pay in cosmetics and personal care comes from the total number of products sold within a specific time period.
3. Online Marketing Companies
Since the advancement of the World Wide Web, a lot more people are becoming Internet savvy and are in search of approaches to financially benefit from it. With this Internet Marketing Wave, network marketers are beginning to switch to web based marketing to promote their products and services.
As the world becomes even more comfortable with shopping online, a new niche of Network Marketing industries has surfaced, and we will talk about two of these primary Internet Marketing companies below:
A. E-commerce Companies
These are Network Marketing companies that sell various products and services by way of the Internet. They cover anything from clothing lines to books to various informational applications amongst other services.
Just about the most profitable Internet businesses deemed by these companies is e-book merchandising. The cost to create an e-book is very little if any, keeping overhead very low.
Another significant advantage to Internet products is there are no shipping costs, on account of digital downloads. Once bought, the product is often immediately downloaded directly to the customer's computer, making the customer extremely happy and the company excited with wonderful profits.
Other sorts of downloadable information products include CDs and DVDs.
B. Internet Service Firms
There are also companies that specialize in offering internet services. Their business services center 100 % on servicing marketing with the help of Internet tools like web hosting, web design software, auto responders, and e-mail marketing systems.
The market for this sort of network marketing company is pretty much unlimited given that millions of classic businesses are now acknowledging the internet as their most dynamic marketing and promotional tool.
4. Home Party
Another popular type of niche within the network marketing industry is the home party niche. It is mostly favored by stay at home parents searching for part time income.
A home party business only requires minimum investment to obtain your product demos, websites, and other marketing tools. Deemed as the most family-friendly of all network marketing companies, this business is a gratifying way to earn revenue. By joining a home party company, associates get to enjoy flexible schedules and take pleasure from networking with various types of people.
There are even more niches within the network marketing industry that we did not go into here like the traveling niche, investments niche, energy companies and motivational and educational niches. However, as you continue on your search to find the ideal fit for you, please ensure that you partner with one that you believe in and will enjoy!
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