In the home based business of network marketing to create residual income there are three areas of activity that need to be balanced.
1) PRODUCT MARKETING-these are activities which include introducing and supplying the products to new and existing customers.This can be accomplished in several different ways; including person to person explanations, group product demonstrations, directing people to your website where they can order product and personally contacting existing clients.
2) PERSONAL SPONSORING-these are activities by which you find and recruit new first generation distributors. They including making appointments to explain the business; inviting people to business briefings; presenting the opportunity one to one and training your new distributors using the network marketing company materials.
3) GROUP BUILDING-these are activities by which you assist your downline distributors in building their businesses. They include conducting training meetings and business briefings; communicating with and encouraging individual distributors and assisting them with their personal sponsoring and product marketing activities.
In conclusion, the home based business of network marketing to create residual income includes three areas of activities that need to be balanced.