History of Network Marketing

I was quite excited to find this article while I was researching the history of network marketing, and thought it was worth a share. It is written by Troy Rocavert – Director of Network Marketing Business School, you will find a link to Troy’s Page in the references.

History of Network Marketing

The history of network marketing originates back to the 1940’s where a company trading under the name of “California Vitamins” discovered they could make more sales when they had a lot of sales representatives selling a small amount of product each, compared to the traditional business model, of trying to have a few sales representatives selling a lot. California Vitamins also discovered that most of their growing customer base was made up of the friends and family of their existing sales representatives who had essentially referred them to the company as they were impressed with their product line.

New sales representatives were then created from existing satisfied customers and a commission based system was developed. Both teams and individuals were rewarded according to their sales efforts and as a result network marketing was born. The same company later changed their trading name to Nutrilite Food Supplement Corporation.

In 1959 Richard DeVos and Jay Van Andel founded the company Amway which was an abbreviation for the term “the American way”. Amway from day one was based on the same network marketing concept. Almost 50 years later Amway is a well established network marketing company operating in more than 80 countries around the world and with more than 3 million business operators.

Currently it is estimated that there are more than 50 million people worldwide involved in network marketing with almost 100 billion in annual wholesale revenue. Given the history of network marketing and it’s rapidly growing popularity, the network marketing industry is recognised as one of the fastest growing industries in the world today and is predicted to have significant growth well into the future as more and more companies are choosing to capitalise on this networking trend and choose to sell their products direct to the consumer. This emerging trend is also being driven by a wave of entrepreneurs who continue to drive the concept of improving quality of life and working from home.

Although the history of network marketing dates back to the 1940’s it is only now that the industry has come of age. Network marketing has now grown to the point where it is creating more millionaires today than the dot com boom industry did before the bubble burst.

The history of network marketing has stood the test of time and over the past 50 years has proven itself to be a successful distribution model and home-based business opportunity. The industry itself is now currently being endorsed by many business leaders as a proven system for anyone who wishes to achieve financial success. It is not surprising that network marketing is now one of the fastest growing industries of all time with an estimated 150 000 people just like you, joining the industry every single week.

Given the proven history of the network marketing business model and the emerging business trends the timing could not be better to capitalise on this trend and we encourage all entrepreneurs looking for a home-based business opportunity to seriously consider a network marketing business.

References
Troy’s Blog

To check out last weeks post on re-branding yourself click on the link below
Re-branding Yourself

Re-branding Yourself

It’s time to step things up. I want to rise to the next level, and I’ve decided if I want to attract 10s to my business, I need to become a 10 myself.

“What do you say when someone asks, ‘What have you been up to lately?’ Don’t waste the opportunity with a ridiculous platitude such as ‘not much’ or ‘same old, same old’,” says Dorie Clark, author of Reinventing You: Define Your Brand, Imagine Your Future. “It’s not that difficult if you plan in advance. If you’re going to an event where you’ll be meeting people, go into it with one thing you want to talk about.”

A powerful onversationalist leaves a stronger impression on people.

I’ve created a list of things to work on, such as; filtering what I say, dressing presentable, being more confident etc. Re-branding just means changing how others view you. How you are perceived is important especially when meeting new professional contacts.

Prospective business partners, and employers often check social media to see what kind of reputation you have. So always use good photos for profile pictures.

The most important thing to remember is to protect your brand by believing in yourself, and never giving up.

To check out last weeks product review click on the link below
YOR Health Product Review

YOR Health Product Review

I discovered a product review online that I would like to share with everyone, as this is a product I feel passionately about.

I started taking YOR Health products about two months ago after catching up with an old school friend. After getting over glandula fever many years ago I ended up suffering from chronic fatigue syndrome. This isn’t something I can ever get rid of, however I can keep the symptoms away from maintaining a healthy lifestyle. The chronic fatigue took its toll on me, I was too tired to excercise, and put on alot of weight which made me depressed. After taking these products for the last few weeks I haven’t suffered any chronic fatigue symptoms, I am almost at my goal weight, I am exercising, and I feel stronger, and more fit than I have in years, I also have so much more energy!

So here is a product review from Jill Tomich – fitness and health coach.

How I Was Introduced to Yor Health Products

On a recent family trip, I was telling my brother how tired and sick I had been feeling.  Admittedly, I was trying to be Super Woman,  doing too many things at once, but that’s how I always operate.  I’m a Type-A personality through and through.  Although after I turned 30, my super-woman tendencies started taking a toll on me.  I was sick – like dragged down, bedridden sick for days at a time – at least 5 times that year.

I thought it was stress from moving into a new home, taking on too many responsibilities, and working too many hours.  But my brother asked a very odd question that made me turn my head like a curious puppy: “How’s your gut?”

“Whaaaaat?  My gut????”

That’s when my brother told me what his doctor told him about digestive health. The health of your gut determines the health of your whole body.  Your gut is your “second brain”.  It’s where 70% of your immune system lives.  If your gut isn’t healthy, you’re going to get sick, run down, tired.  If your gut isn’t healthy, if it’s clogged with bad bacteria you’re more apt to disease, weight gain and chronic fatigue. If your gut isn’t healthy, it doesn’t matter how natural, healthy or organic you eat, you’re not absorbing nutrients properly.”

“Whoa!!!  I just got schooled.”  I thought to myself.  “How do I NOT know about this?”

It’s quite simple actually, my primary care physician, my dermatologist, my gynecologist and the very people who I had been relying on for health information, had NEVER talked to me about nutrition and the direct link to wellness in the same sentence. EVER.

From the outside looking in I was a seemingly healthy person: a fitness boot camp instructor who didn’t eat fast food, always carried water in my purse and was a cheap date (I can only tolerate 1 or 2 alcoholic beverages at a time).  When I was sick, I was given an antibiotic.  When I struggled with “hormonal acne” I was given antibiotics (or Accutane).  When I had cramps, I was told to pop a few aspirin.   When my belly would get bloated to the size of a basketball, I was told to take antacids.

When my brother started spewing information about digestive health, pH balance, alkalinity, and probiotics my eyes got bigger and bigger.  He’s a school teacher, an active soccer player & outdoors man who has, on and off, suffered from allergies and digestive issues since he was a baby. My brother told me that when he began taking Yor Health supplements, it dramatically improved his digestion and immunity.

That is when my research of Yor Health products & digestive health began.

[These opinions are my own, based on my personal experience of the products and are for your information only.  Always consult your physician before using supplements.]

Jill Tomich Testimonial

There are eight main health products in the Yor Health product system.  The essence of the products is “You are what you absorb.”  There are various products for digestive health, weight management, muscle repair, meal replacement, energy and alkalizing. According to the Yor Health web site…..

YOR Health advantage rests in our founding philosophy that you are what you absorb. We start with the highest quality ingredients from the best domestic and global sources, and then carefully formulate our products utilizing enzyme delivery systems to ensure maximum absorption and effectiveness.

References
Jill Tomich’ Blog
Go Green Health Movement

To check out last weeks post click on the link below
5 Myths About Network Marketing

5 Myths about Network Marketing

1. These Businesses Don’t Work
The industry is endorsed by financial experts, billionaires, forcecasters, business magazines etc. The business models are fair, as everyone gets an opportunity to expand, as opposed to a traditional business or franchise where only the owners create leverage.

2. The People At The Top Are The Only Ones Who Make Money
That’s illegal and not how network marketing businesses work. My network marketing business – YOR Health is an equal opportunity business based on effort. In good network marketing companies, members can make any amount regardless of where they are in the organization. Income is related to effort not position. 

3. It’s A Pyramid Scheme
Pyramid schemes are illegal. Network Marketing businesses sell a product and make money only on product sales, whereas pyramid schemes make money on recruiting. My network marketing company YOR Health is on the Direct Sales Association (requiring a 52 week audit of the company), and we have former FTC Councilor Robert Paul as our attorney ensuring we are safe.

4. Why Are The Products Not In Stores?
Some of the biggest companies in the world use this method of distribution, and stores are slow.

5. Network Marketing Doesn’t Work
According to the Direct Selling Association, in 2013 the direct sales industry grossed $31.63 billion in retail sales in the United States. Worldwide that number increases to $100 billion. The size of the direct selling sales force increased 5.7% to 16.8 million in 2013, a record high. The industry experienced a surge of new direct selling independent representatives at the height of the recession.

References
Direct Selling Association

To check out last weeks post ‘Are you investing in the most important thing Entrepreneurs need to invest in? They don’t teach this in school’ click on the link below
Are you investing in the most important thing Entrepreneurs need to invest in? They don’t teach this in school