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YourNetBiz Verses Trump Network - Money Maker Or Back Breaker?
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Warning. Do not start in either YourNetBiz or the Trump Network without reading this first. Increase your chances of making money online by knowing what to expect. This honest review compares YourNetBiz with the Trump Network. As a newbie surrounded by so many home businesses, it is not always clear which one, will work for you. So let's get started.
How long have each company been around for? YourNetBiz, formerly MyInternetBusiness was first launched in April 2008. The Trump Network lunched in October 2009 after a transfer of ownership and a rebrand from Ideal Health.
What does each company do? Ideal Health has always been a pills and vitamin shop, customizing their products for each customer. The Trump Network has the same products but instead follow an mlm (multilevel marketing) structure. YourNetBiz is a direct sales company, boasting a "business in a box" structure, selling online marketing training in the form of digital products.
What are the differences between multilevel marketing and direct sales? Multilevel marketing pays on how big your organisation is and direct sales pays higher ticket values. For example, The Trump Network pays 35 cents to you on a bottle of vitamins and you sell it to 40 people. YourNetBiz structure pays you more. For example, training that pays you $2,995 for each sale and you sell to 20 people. Which one I would prefer to sell?
What are the advantages and disadvantages of The Trump Network and YourNetBiz? 98% of people fail online because they do not market their products and business effectively. There are millions of reasons why this type of failure occurs. Another article would be needed to explain, but one could be inadequate training or an inability to sell to friends and family.
One advantage with The Trump Network is that the company structure means anyone could be a potential customer. There will be however, both offline and online marketing involved which will undoubtedly involves selling to friends and family and distributing leaflets locally. A massive upfront cost may be needed to keep a certain level of stock to sell or use yourself, as samples. The Trump Network is new and needs to have comprehensive training to market online, otherwise, there is an increased risk of failure.
In the current climate and with tough competition in the nutritional market, I wonder how many people still can afford vitamins etc, which is deemed to be a luxury and not a necessity. Is there any follow up calls expected to be carried out by you? If so, this does not make the business automated. This will mean selling skills will need to be order or a system in place so that the average person can succeed and then this will need to be duplicated so that other team members can succeed.
The advantages and disadvantages of YourNetBiz are that members have access to products that train them into successful marketing online. There is no need to sell to friends and family and it solves the biggest issue in work from home businesses, which is the lack of knowledge or experience to market online. YournetBiz gives you access to your own sales person who follows up calls and sells for you , so you don't have to. The disadvantages are the overwhelming amounts of training available. This can be eliminated if you join a successful team with a mentor who is dedicated to your success. YourNetBiz is very much in demand, particularly in this climate.
You can make money in both The Trump Network and YourNetBiz. There are many people in YourNetBiz currently approaching their first million dollar income year. Network marketing has produced many millionaires in the past and although The Trump Network is new, I'm sure it will go the same way. All you need to weigh up, is how you want to get there.
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Michelle Stanley is a top sales professional-turned-internet-marketer, specializing in Internet marketing and personal branding. She and her team of marketing professionals offer serious but struggling entrepreneurs and those looking for a work from home opportunity a step-by-step guide to true financial freedom. For FREE info & 7 day video boot camp, go to http://www.247Incomeinternetbusiness.com Her articles may be used royalty free provided bio & links remain intact. Article Source: http://EzineArticles.com/?expert=Michelle_Stanley |
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Article Submitted On: November 04, 2009
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MLA Style Citation:
Stanley, Michelle "YourNetBiz Verses Trump Network - Money Maker Or Back Breaker?." YourNetBiz Verses Trump Network - Money Maker Or Back Breaker?. 4 Nov. 2009 EzineArticles.com. 21 Nov. 2009 <http://ezinearticles.com/?id=3208525>.
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APA Style Citation:
Stanley, M. (2009, November 4). YourNetBiz Verses Trump Network - Money Maker Or Back Breaker?. Retrieved November 21, 2009, from http://ezinearticles.com/?id=3208525
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Chicago Style Citation:
Stanley, Michelle "YourNetBiz Verses Trump Network - Money Maker Or Back Breaker?." YourNetBiz Verses Trump Network - Money Maker Or Back Breaker? EzineArticles.com. http://ezinearticles.com/?id=3208525