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Network Marketing Companies Explode During Recession
Network Marketing Companies Explode During Recession
With corporate offices downsizing and millions filing unemployment claims, many network marketing companies are growing exponentially in a contracting economy.
FOR IMMEDIATE RELEASE
(Free-Press-Release.com) March 3, 2009 --Network Marketing (NM) or Multi-Level-Marketing (MLM) has historically been a controversial subject since the early days of Amway. In 1979 the Federal Trade Commission ruled that Amway was not a pyramid and its revenue was generated from the sale of its products. Network marketing was legally labeled as a legal and efficient distribution system.
Today, Network Marketing is reported to be a $100 billion dollar industry, internationally, made up of FORTUNE 500 and New York Stock Exchange (NYSE) companies. Traditional sales method companies such as Colgate-Palmolive and the Gillette Company have Network Marketing subsidiaries. Rexall Drug is now utilizing the Network Marketing method of distribution with its subsidiary, Rexall Showcase. Network Marketing companies such as Melaleuca outperformed Liz Claiborne, The Limited and John Paul Mitchell while Nu Skin bested the likes of Maybelline, Dow Chemical and Matrix. Mary Kay is bigger than Johnson & Johnson, Amway is bigger than Revlon, and Avon is bigger than Estee Lauder.
But as many American workers face shrinking pay checks and dwindling 401k retirement plans, many households are also finding that the Network Marketing industry can be a viable financial option.
Mark Archer, a blogger, MLM Trainer and business consultant from San Diego is a notorious promoter and supporter of the network marketing industry. He says “I’m fortunate to have seen both sides of business from both an entrepreneur in network marketing and in traditional business as a consultant. What I can say about the network marketing industry is that the business plan is the most efficient and most lucrative I’ve ever seen from both a corporate model and an entrepreneur’s opportunity.” He adds, “Just like there are good and bad companies out there in traditional business; there are both good and bad companies in the MLM industry.”
Archer, who markets 80% of his products and services online, is an independent distributor for Kyäni, a health and nutrition company headquartered in Idaho Falls, Idaho.
When searching for the best company, Archer says, “When searching for a company, Archer says, “There are generally 5 things I look for before I join. The last company I was with failed this test so I was much more careful before I committed…..I had to be sure that Kyani was reliable, and stable with safe and consumable products.”
Archer, a former US Navy Pilot, admits that he got interested in the products before the opportunity. “I actually was so busy consulting at the time that I told my buddy I would try his stuff to help lower my cholesterol. Well, after 6 months my cholesterol dropped 50 points. That is all it took.”
Network Marketing Companies generally have several levels of investment and usually require an initial investment between $500 to $1,500. The companies generally allow their members to work their own hours and offer incentives for those that want to build their business quickly.
Most experts advise that before joining any network company, the company should be registered by the DSA (Direct Sales Administration)
For more information about the network marketing industry, and how to succeed you can read Mark Archer’s blog at: Mark Archer
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More information can be found online at http://www.themarkarcher.com
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