The first paragraph of this article provides a captivating summary of the content. Living in Maui, Hawaii, surrounded by the vast ocean, it's hard not to think about waves. But can you identify the next significant internet trend? It's a skill you can't afford to ignore. Read on to learn more.
Did you know that many colleges and high schools in Hawaii and California offer elective courses on surfing? These classes teach students how to choose a good surfboard, how to wax it, how to identify a great wave, how to ride it, and how to get the most out of the ride. However, one thing these classes can't teach is how to create a wave.
This is a lesson that many network marketing companies could benefit from. Many of them are intent on creating waves, using various trends that often result in nothing more than a ripple in the water. True waves are much larger and provide a massive surge of support for the qualities that distributors want and need from the companies they represent.
So, what are the waves that people are seeking in network marketing?
The latest generation of individuals exploring network marketing are savvy. They understand the importance of conducting due diligence before deciding to invest in a particular business. As a result, one of the most significant trends in network marketing is the shift towards established companies - those that have survived and thrived into their fifth year and beyond.
Why is there such a focus on company longevity? Two key reasons stand out. Firstly, people are tired of losing their hard-earned money, time, and credibility with startups. Secondly, company longevity is a sign of robust management. Few businesses in any field last four or five years without strong management. This provides peace of mind and security.
Don't let anyone convince you that products aren't important! How many times have you been directed to MLM websites only to search in vain for any mention of products? Network marketing is a business model based on the distribution of products, so products matter significantly.
You should also be wary of any site that offers a "one-time purchase." Building a true residual income (the main appeal of network marketing) requires products that offer high value at a fair price, prompting customers and downline members to make repeat purchases. Those who are truly successful in network marketing have identified this trend and are involved with companies offering valuable and consumable products.
The most crucial trend in network marketing today is the move towards fairer compensation plans. Compensation plans that reward only the "heavy-hitters" are becoming a thing of the past. The biggest trend is among companies that understand that most networkers start out part-time. These part-timers expect and must be rewarded quickly for their efforts, or they will quit.
Here's a simple test to see if the company you are considering has caught the wave of fair compensation. Assume you have twenty people in your downline - four below you and four below each of these. If each person in the downline has purchased $100 of commissionable products, your monthly residual income should be between $700 and $1000. If it's not, it might be time to find a company that does!
Like all industries, network marketing has its share of risks. If you're unsure about selecting an MLM business, you might want to seek advice from experienced "surfing dudes" like us. Surfers can't create waves, but they can be taught to spot a good one and enjoy a great ride. The same is true in network marketing. Waves come and go, but real waves create trends. Learn how to spot a real wave, get on board, and enjoy the ride to success!
