5 Most Commonly Known Challenges Faced in Network Marketing
In life, there are many challenges that we must face. Some of them we just have to deal with, but others we can overcome and rise above them.
Network Marketing is no different. There are many challenges that we will face and with all the new technology and information that is coming out we have to stay on top of our game if we want to be successful.
Here are 5 of the most commonly known challenges that you will face in network marketing.
1. A BIG increase in social media marketing outlets
With websites like Facebook, Twitter, Pinterest, and Foursquare, the problem is not that there are so many new companies popping up, the problem network marketers are facing is that they are going to have to learn how to use these outlets effectively and efficiently if they want to be successful.
2. Increase in competitors and information
Because of the internet, if you Google “network marketing leader” you will find over 103,000,000 results, and that’s a lot of competition. With the increase of information and access to people all around the world, you can now find different tools, leaders, systems, and trainings that will promise you better, faster, cheaper, and easier strategies to build your business.
3. Legal problems within your own network marketing company
Because you work under the umbrella of your company, you do not have the rights to market your business the way that you want to. With most company’s you cannot do income or product claims.
4. Lower attention spans of prospects
Because there is so much information online, prospects are not wasting time with websites that are wasting their time. You can get prospects attention with crazy headlines but keeping their attention is what networkers are having a problem doing.
5. There is no real security in your primary network marketing business.
You think because you are getting people into your business that you own your business. Think again! You work under the umbrella of your company, you don’t own the products, your downline, or any of your marketing pieces… you don’t own anything in your business. You get paid to tell people about the business and that’s all. Your whole business (money and all) could be taken away at any point, for any reason.
So what are you to do?
Should you still consider network marketing?
If so, do you know how to use social media for marketing?
How are you going to stand out from the rest of the competition?
How do you avoid the legal issues?
What are you going to do about keeping the attention span of the prospects on YOU and not someone else?
If there is no security in your primary business then how can you get security for your business?