Free «Direct Marketing in an Uncertain Business Environment» Essay Sample
Shaky economic times have traditionally produced awareness of the need to make more money. People who were previously not interested in one’s business suddenly develop interest and start looking for new financial opportunities. They want a business that does not require a lot of capital. A business that allows them to establish their own hours and offer rewards that can grow at a faster rate than labor or capital requirements. And this is exactly what direct marketing has advantages over other types of marketing.
Although some businesses may offer the above, very few can offer both benefits; less capital to start up, business with own hours to manage and business that offer rewards that can grow at a faster rate. The best way is to leverage time through multiplication process of networking. Direct marketing is easier if involved with the right company and right products even in times of depression. This is because as people get concerned about their financial future, the sponsoring process of new recruits becomes easier. Spouses can also be very supportive.
Direct marketing has been and is a person to person business, so nothing happens till at least two people talk. During recessions, it is easier to talk to people about protecting themselves against an uncertain future via network marketing. In network marketing, building a wide retail customer base will replicate to side profits even during the worst of times.
For uncertainty times in the future, the reality is that customers scrutinize products or services especially because dollars are tight and so one can easily switch to products that are necessities rather than luxuries as they are likely to do better (Network marketing now).