Online MLM - The Network Marketing Evolution

 
According to wikipedia.com.

Network marketing is a general term for a type of marketing that is usually performed by an individual instead of a company. It refers to the use of interpersonal or social networks to market products and services for business purposes as opposed to the more traditional and common practices of wide-range advertising.

The term is technically a type of marketing that can be used as part of an overall marketing strategy which may or may not encompass multiple tactics. For example, the most common marketing tactic in a network marketing strategy is word of mouth.

Many companies which utilize a network marketing strategy facilitate it with a multi-level marketing (MLM) compensation structure. For this reason, the two terms are often confused with one another and used interchangeably.

Network marketing vs. multi-level marketing

As there are myriad cases in which the term "network marketing" is used interchangeably with "multi-level marketing" the true meaning of the two terms becomes misunderstood.[1][not in citation given][2][not in citation given] In many cases a multi-level marketing structure is used in combination with a network marketing strategy, so it is possible to refer to one particular company as using network marketing as well as multi-level marketing; however this is not always the case.[2][not in citation given]

It is important to make the distinction that the term "network marketing" describes a particular marketing strategy, while "multi-level marketing" is a specific characteristic that is a large part of, and speaks to an overall business model. While the two are often seen implemented within the same company business plan, they need not be and in many cases one is used without the other.

It is possible confusion arises from the hierarchical structure created in a multi-level system: because of its nature, the system itself results in the formulation of a tree network within the scope of the company. The term "network marketing" however is not in reference to the structure of the company; it is a description of the nature of the strategy used to market the company products. In other words, the "network" adjective is not referring to any company-related attributes; it refers to how the marketing itself takes place: through the social networks of individuals. Put yet another way, network marketing is not marketing which necessarily creates a network within a company, it is marketing that is performed through the social networks of independent people.

More and more people are doing network marketing or MLM in different race and culture with different reasons for doing the business. While some people achieve success in this industry its interesting to notice that according to surveys 90% of people who will join Network Marketing or MLM will fail..

So does it mean that Network Marketing are no longer viable form of business? The answer is absolutely No!!
The industry is just experience rapid change of the way its done.

Old School Vs. New School MLM
The Video below will be discussing the wide difference between the old fashioned way of doing the MLM or Network Marketing Business..It will clearly show you the new changes that's happening in our industry and the potential of using the Internet in promoting your business.
Paragraph.
The Verdict...
New-School MLM Brings Better Result Faster Than Old-School
With that being said..I know that somehow you have an idea in your head that really the marketing methods that is being taught in the Network Marketing industry is absolutely obsolete and useless..

The Online MLM Basics

The Video above is a video I made about what is the true meaning of Online MLM and what skills you need to be able to utilize the power of Internet in building your MLM Business

The Bread and Butter of Online MLM.

There are only two principles of Online MLM that is widely effective and is being use by most Online MLM Marketers.

1. Personal Branding..is a principle that is focused on promoting yourself, your values, your knowledge first so that your propects will perceived you as an expert.And the results is they will be curious about you, and hopefully join your opportunity.I create a video explaining personal branding on the MLM Industry further.
Watch it right below..
2. Attraction Marketing..this principle is similar to personal branding and it is a by-product of branding yourself first. Well the meaning of attraction marketing is very simple. You must first give valuable information that can affect the lifes of your prospects. And the reults of this is that they will feel that you are the type of person that they need in order to solve their problem, (specially financial problem).
My friend on facebook ket-sang tai created a video explaining how to use Attraction Marketing To Build Your MLM Business..
Congratulations..You now finish reading my article.Remember, "The greatest failure in life is to fail to try" .If you are not having success doing traditional MLM Marketing tactics then common sense is that learn how to use the internet in exploding your MLM Business. I'm sure the videos above alone can teach you some knowledge about the potential of the internet as a tool in promoting your own business in a right and fruitfull way. But If you want to have a study guide that can teach you in-depth knowledge about Online MLM..Then..

Download for FREE The 2 Network Marketing Survival E-book on my site: Online MLM Explosion