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Every business, be it of small-scale or large-scale requires marketing and finance management. In the recent times, network marketing is an ascending business. With the rise of the firm, the assignments about the subject come soaring. But no need of brooding over the incapability when 24x7assignmenthelp.com is proffering you with Network Marketing assignment help.
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- It is a new sales strategy.
- A salesperson attends meetings with the buyers who are interested in buying the products.
- A form of sales which includes buyer, seller and delivering of products without direct approach.
Three main components:
- Prospecting: To find potential buyers.
- Inquiring: To gather needful information about the consumers.
- Selling: To deliver the product to the buyer.
- Owner: Topmost level of the pyramid structure.
- Deputy Directors.
- Employees: the bottom most layer of the pyramid.
The importance of employing:
- The prime necessity of the organisation is to employ new members.
- Employment leads to faster growth of the organisation.
- When a member, under another employee starts selling, the earning is contributed to a better earnings and is beneficial to their members and above.
Network Marketing vs. other forms of marketing:
- Network marketing and direct sale: The concept of direct sales has been transformed to email selling, telephone selling, and catalogue selling.
- Network marketing and classic sale: Salaries of the employees of the classic sale depend on commission and results. But In network marketing employees got fixed salary.
- Network marketing and pyramid sale: The later is illegitimate and not allowed. Network marketing is permitted.
Pros of Network Marketing:
- Increased passive Incomes.
- Low starting costs.
- International operation.
- Support Training.
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Why students fumble with their assignments?
- The key point of network marketing is to understand the business layers and working procedures.
- To know the difference between the employees and its upline members.
- To know the pros and to maintain the benefits of the members high.
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