The new era of Network Marketing

  • Network Marketing is a form of the direct selling retail channel of distribution and is one of the fastest growing industries worldwide. It has dramatically changed the way traditional businesses operates by mainly focusing on the success of his partners, their sales representatives to market their quality products provided. This industry produces billions of sales annually; however the lack of studies and information available on this field has led to lack of understanding and attack of being pyramid schemes. In this new era of technology, this profession continues to thrive as many people in particular women are looking for alternatives to the traditional corporate lifestyle. Furthermore, it has been found that becoming independent business owners in Network Marketing attracts the majority of women. Therefore, analyzing the characteristics of Network Marketing and the strategies deployed for their success is important to understand the reasons why women are willing to change their career path. For these reasons, the thesis focuses on Network Marketing in order to provide an understanding of its rapid growth with an overview of its different phases from the beginning to the effect of the evolution of the Web 2.0 and social media. It goes forwards by investigating the characteristics of Network Marketing which appeal to women; by first examining their actual situation in the workplace in order to perceive their choice for leaving everything behind to start anew. Finally, a case study provides actual visibility and the new lifestyle of women being active in Network Marketing. In the pursue of findings, the thesis includes primary research by conducting interviews with German and international independent network marketers, all women, and secondary research covering literature review on relevant topic. In the end, it has been concluded and proved, despite the constant allegations, that Network Marketing is a serious and effective business model which benefits the company, the customers and the independent distributors. Moreover, it has been observed that this field fulfills the expectations of those women who want to escape from the challenges faced in the corporate world and desire an industry without barriers, as a result them being the majority and successful in this field.

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Metadaten
Author:Valerie Drack
Advisor:Daniel Cerquera
Document Type:Bachelor Thesis
Language:English
Year of Completion:2016
Granting Institution:Hochschule Furtwangen
Release Date:2016/04/05
Degree Program:IBM - International Business Management
Access Rights:Innerhalb der Hochschule
Licence (German):License LogoEs gilt das UrhG