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  • Network Marketing Success Rate - What do you think?

    Ankita Katdare

    Administrator

    Updated: Oct 25, 2024
    Views: 1.1K
    First of all, do you believe in the potential of Network Marketing or Multi-level Marketing?


    For the un-initiated : 'Networking Marketing' is a marketing strategy where the sales force is compensated not only for sales they personally generate, but also for the sales of others they recruit, creating a pyramid of distributors or a hierarchy of multiple levels of compensation.

    What according to you is the success rate in Network Marketing strategy? I have seen many people around who go for it and fail terribly.

    I would like to know CEans' opinion about it.
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  • aprilmarie81

    Member • Nov 2, 2011

    I think this is a great question.. The failure rate in Network Marketing is 98% but I think that alot of that has to do with the fact that the Network Marketing business model takes 2 to 5 years to get it off the ground and with most people's instant gratification mentality they give up. So the 98% failure rate is mostly because people quit. The business model in my opinion is the most fairest model in the world although there are a lot of misconceptions about this.
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