You know what referral marketing company is, but what about the other aspects of these companies, which are a significant advantage to offline employers?
As a next stage of economic development, back in 1990, network marketing came to China along with American Starbucks, McDonalds, and Kentucky Fried Chicken. Over time, obvious leaders in network marketing have emerged, such as Amway, Avon, Oriflame and Mary Kay, who also made a big bet on the Chinese market and did not regret the decision at all. Still, China has always been providing more opportunities for development to domestic companies:
- Tianhi Health Products – food supplements and traditional Chinese herbal products;
- Qnet – products for weight control and personal hygiene;
- Winalite International – vitamins, minerals, personal hygiene, household goods, etc.
- Yofoto – products for weight control and body care.
Gradually, Chinese retail regulations are fading, allowing foreign referral marketing companies to benefit directly from the growth in the country’s consumer market. You know what referral marketing company is, but what about the other aspects of these companies, which are a significant advantage to offline employers? Let’s find out together.
1. Good Prospects for a Comfortable Retirement
If you consider a referral marketing company as one of the passive income options, building a good career can provide decent earnings after retirement. In China, there are almost no social financing programs or retirement benefits, so everyone is obliged to worry about future savings on their own.
How to start a referral marketing company? What plan of actions should be implemented for the most successful scenario?
- Start a job in one of the fastest growing referral marketing companies at a young age;
- Devote the next 5-10 years to develop your own career and create a strong team of like-minded people;
- Adjust the system of your work in all directions and step aside, receiving passive income.
So, there is no reason to worry about old age and when it will become necessary to care for your parents in the future. You are free to choose which referral marketing company is the best to join.
Note: in the case of working in an offline company, it is hardly possible to create long-paying passive income.
2. Simple Product Promotion with the Help of Online Tools
Business has long been transferred to the online promotion format the same way top referral marketing companies in China did. This trend has become beneficial to MLM companies’ employees; they no longer have to set up offline meetings. It’s enough to use any of the available online communication tools for communication:
- Social networks – Qzone, Pengyou, Weibo, Renren;
- Messengers – QQ, WeChat;
- Video resources – Youku.
These tools give a Chinese referral marketing opportunity a chance to successfully build communications, promote a product using just a computer, create entire advertising campaigns, and make great profit.
Note: offline promotion needs your obligatory presence in the office, workplace, and “live” meetings.
3. Unlimited business development with EdTech
Now that China has taken the second place in the world among the countries with the highest rate of educational technologies development, it is strange not to use these innovations in referral marketing companies in China.
Thus, this can be used:
- With the help of virtual and augmented reality to present the company and the product;
- Using artificial intelligence to create smart systems for controlling interactions between team members;
- Using holograms to implement large-scale meetings between leading business players.
Note: When starting an referral marketing company, note that offline companies will take longer to get familiar with new educational technologies because of the conservative mindsets.
4. Ability to Work for an International Company and Improve English
To get a job at a foreign company, most Chinese decide to move to another country to receive the appropriate education and build a career.
There is no need for that in referral marketing. A team may consist of representatives of different nationalities and, at the same time, each of them can be in their own country. The remote collaboration format allows you to work in a multi-lingual team and practice English without leaving your home country. Does China support referral marketing? Yes, it does, in a very special way for the benefit of the Chinese.
Note: the majority of offline representative offices of well-known foreign companies in China recruit staff with the knowledge of the Chinese language only.
5. Coverage of the Remote Areas of China
A special feature of China’s business design is that more focus is on the central regions and large metropolitan cities. Hundred to two hundred kilometers from these places, there is massive unemployment or jobs that pay very low salaries. Small businesses don’t provide the required amount of jobs and estimate labor cost at the minimum amount in RMB.
New era China MLM business doesn’t limit local partners either by age or location. The presence of a fast Internet connection allows you to fully promote your business on any continent of the Earth. And this is a very good solution to combat unemployment and low wages in the remote regions of China.
Note: the difference between the salary for a resident of a remote Chinese region in a referral marketing company and in an «office» position may differ dramatically.
All these five factors show that the format of referral cooperation creates fewer restrictions and, at the same time, makes it easier and faster to build a career even beyond the virtual border of your country. The most important thing is to follow the rules for MLM in China. That is just it!