The Ideal Product Line For Network Marketing
If you are interested in getting involved or are already involved in an MLM Business, what is your goal to achieve financially? Is it just to earn some extra income? Or is it to make money fast? Or is it to create a long-term permanent residual income that keeps paying you long after you have stopped all activity in your MLM program.
I don't know about you, but in all my business activity I prefer businesses that keep giving returns year after year. I want to do the work one time and keep collecting the rewards from it for a long time, even if it means I take less profits in the present.
All sorts of products and services have been sold through MLM/Network Marketing. But one product line that has consistently been the most successful in producing permanent income is nutritional products. Most of the Millionaires in MLM/Network Marketing have made it by working with an MLM company that sells Nutritional and Health products.
This trend is expected to continue in the future for the following reasons:
As we know, baby boomers are Getting Older - As the USA population gets older, nutritional and health related products are going to be more and more in demand. The Health and Wellness industry in 2002 was $200 Billion, today in 2007 it is $500 Billion and it's expected to become a $1 Trillion industry by the year 2010. Baby Boomers are mostly affluent and they care about their health and fitness. They want to feel young and look good, and they are willing to spend quite a bit to achieve this goal. Doesn't is make sense to position yourself in this industry?
Nutritional Products are Replenish able - The best MLM product is one that gets used up and needs to be bought again frequently. That's how permanent residual income is created. When you have a quality product line and the prices they are offered at are reasonable, then there is little reason for people to discontinue buying the product, even if they have decided to not work the MLM business. This is an important factor in making your MLM business a real business. People should be willing to buy your company's products even if they don't want to work the MLM Business.
Convenience of Getting the Products - Most consumers go to the grocery stores, stop for gas, go shopping to buy clothes, etc., but they don't like to go shopping for nutritional supplements. People prefer these to be delivered to them. One reason for that is that nutritional supplements stores can be confusing and a little overwhelming. Major chains like GNC don't carry the most innovative and advanced supplements. So you have to go to a vitamin and nutrition store that is open to all forms of nutritional products. Then you have to decide which ones will work for you, and go to the store every time you run out. MLM/Network Marketing makes it easy for consumers to get their nutritional products. All the necessary information is usually available on the company sites and the products are delivered to them every month. This is of good value to most consumers.
Over the next few years, we will see a tremendous growth in the health and wellness industry as a whole. Nutritional supplements will be a huge part of this growth. Those who understand this and align themselves with a quality MLM/Network Marketing company with competitive prices and high quality products will build huge incomes that will last for a very long time.
About the Author
Aziz Jangbar is a successful businessman and an entrepreneur. He has a passion for MLM/Network Marketing and is helping many people build growing downlines. To see how you can benefit from his efforts, visit http://www.GetRichWithVitamins.com
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