In life, there are many challenges that we must face. With some of them we simply have to deal, but with others we can overcome and overcome them.
Network marketing is no different. There are many challenges we will face and with all the new technology and information coming out, we have to stay on top of our game if we want to be successful.
Here are 5 of the most well-known challenges you’ll face in network marketing.
1. IN BIG rise of social media marketing outlets
With websites like Facebook, Twitter, Pinterest and Foursquare, the problem isn’t that so many new businesses are springing up, the problem facing network marketers is that they are going to have to learn how to use these mediums effectively and efficiently if they want to succeed.
2. Increase of competitors and information.
Because of the internet, if you google “network marketing leader” you’ll find over 103,000,000 results, and that’s a lot of competition. With the increase in information and access to people around the world, you can now find different tools, leaders, systems and training that promise you better, faster, cheaper and easier strategies to build your business.
3. Legal issues within your own network marketing company
Because you work under the umbrella of your company, you don’t have the rights to market your business the way you want. With most companies, you cannot make income or product claims.
4. Shorter attention spans of prospects
Because there is so much information online, prospects don’t waste time with websites that are. You can grab prospects’ attention with crazy headlines, but keeping their attention is what networkers have trouble doing.
5. There is no real security in your main network marketing business.
You think that because you are attracting people to your business, 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 it. Your entire business (money and all) could be taken away at any time, for any reason.
Then, what are you going 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 to avoid legal problems?
What are you going to do to keep prospects’ attention on YOU and not someone else?
If there is no security in your core business, how can you get security for your business?