Direct sales can be the right opportunity for you to earn a little extra income. Direct selling or Multi-level Marketing (MLM) is a multi-billion dollars industry. According to a list published by 2018 Direct Selling News Global 100 list.
Among the top 100 direct sales company, Amway posted at the top with 8.60 billion dollars revenue followed by Avon Products at $5.70B and Herbalife. Imagine how huge the income opportunity can be behind direct sales opportunities! Let us discuss the advantages of direct selling business especially in comparison to our full-time job. This alignment will help you discover if direct sales are the right kind of opportunity for you to consider.
Before you leap into a career in direct sales, you should determine if it is right for you. You do this when you weigh the means of your personal and financial goals. Most of all, know your personality and incorporate that with your influence, mindset, and determination.
What is Direct sales and MLM?
Direct sales by its broadest definition, is selling products to consumers directly. Instead of purchasing via retail or storefront location direct sales takes a more intimate approach. Door-to-door and business-to-business sales both represent the direct selling model.
While MLM is a system for selling goods or products and services through a network of distribution.
Multi-level marketing allows you to earn money from your own sales. Additionally, earning is created from the sales of your recruits as well and from the recruits of your recruits. Amway, Avon, and Herbalife are very well known companies. These are businesses who use multi-level marketing structure.
What are the Advantages of Direct Selling Business Versus a Full-time Job?
#1: Career growth and Independence
The most attractive part of direct sales is the independence that can be given to you. You are the boss of your own time. It is not required for you to work 8 hours a day or 40 hours a week. Plus, you don’t need to report to your office to punch a clock. There is no uniform, no checking your phone during working hours, no frisking and no one can pressure you.
But wait, here’s more.
Being independent in doing business requires you to keep yourself motivated. No sales mean no income. Working smart is very essential to build your own empire. And of course, run your own business with your own style.
#2: Unlimited Income
Income potential is not limited. You can make more money, any amount you want. All you have to do is to make more sales, which means more commission, and bonuses. Unlike an 8 to 5 day job, either you work hard or not your income is always fixed.
#3: Time Freedom
You have flexible time. Taking a break or vacation with your family anytime you want is a great advantage! Who says, it’s a need to file for a leave? You have a chance to travel anywhere you want to go as your choice of date when.
#4: No advertising expense
Normally in direct sales, advertising is made or paid by the direct sales company. Most of it, so nothing to worry about that. Marketing tools, catalogs, sales tools, and recruiting materials are also provided.
#5: Proven system
You don’t need to reinvent the wheel. The system is proven already that works well, all you have to do is to copy and follow the systems. Website most of the time is done for you by the company.
How do you know if you are fit in direct sales?
Check your personality. If you were able to sell one thing then you can sell anything so selling skills are not really a problem anymore.
Because it can be learned.
If you have the correct mindset/determination to succeed, outgoing, possess a strong work ethic, and an independent mind you are on the right track as direct sales are the right path of career for you.
In the past few years, Direct selling has been seen with phenomenal growth. And it is a billion dollars worth industry. This offers unlimited opportunity to earn above the standard of living. But in reality, this will not work for everybody. So it is very important that you should make a deeper study. Carefully research the company profile of your choice. Before leaping into this kind of business. It’s imperative to know your potentials and passion if direct sales are the right opportunity for you.