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Monday, April 11, 2011

Networking Versus Network Marketing

What's the dissimilarity between networking and network marketing?

Years ago when I first started in network marketing, I read a book by a lady from Malaysia who left corporate office to join the multi-level marketing industry. And I all the time remember what she wrote, though this may not be in her the exact words:

News From Malaysia

- Did you work hard enough?

- Did you network hard enough?

- Did you think hard enough?

What Is The Meaning Of 'Network Marketer'?

I understanding what she wrote was rather profound and in fact, I often ponder over the meaning of 'network marketer' which is made up of two root words: networking and marketing.

Today, let's discuss the first root word: 'networking' which is totally dissimilar from network marketing. What's the difference? More on this later.

I came across many network marketers who do not network due to a lack of knowledge of business networking which can be defined as a group of people having some kind of market relationship such as the relationships between boss and employee, buyer and supplier, and colleague and colleague.

Networking experts say that business networking functions best when individuals offer to help others to find connections, rather than just "cold-calling" on prospects.

On the other hand, network marketing in a nutshell refers to the 'word-of-mouth' formula of marketing products and services through a network of customers or distributors.

If you're wondering: What has networking got to do with network marketing?

My rejoinder is: A lot.

That's because each of us has only a puny number of contacts in our warm shop which consists of our extended family, relatives, friends, neighbors, ex-classmates and ex-schoolmates, business company and contacts and colleagues.

So, what can we do when we run out of prospects?

The short rejoinder is: Go and network consistently!

Then the next query is: How to network? For more information, check out the author's resource box below.

Networking Versus Network Marketing

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