Wave 3 : The New Era in Network Marketing

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Summary: Wave 3, The New Era in Network Marketing
Review: After hearing for years, that MLM or Network Marketing was abad thing, I happened upon this book. Once I started reading it Icouldn't stop. I stayed up all night reading the whole thing. If you buy into the MLM is a scam idea, yet you really know nothing about what the business really is, this is the book to really tell 'ya what it's all about... END

Rating:
Summary: Wave 3, The New Era in Network Marketing
Review: After hearing for years, that MLM or Network Marketing was abad thing, I happened upon this book. Once I started reading it Icouldn't stop. I stayed up all night reading the whole thing. If you buy into the MLM is a scam idea, yet you really know nothing about what the business really is, this is the book to really tell 'ya what it's all about... END

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Summary: Educate new prospects about MLM!
Review: Having been in Network Marketing for many years, I feel this book will help me and my downline to be even more successful. It is a great way to introduce others to MLM. Then you can present your company for them to evaluate.

Here is a fabulous quote from the book, describing how a true Wave 3 MLM company operates: "No longer do distributors need to stockpile their own inventory and keep track of all the paperwork. Gone are the days when each rank-and-file networker was expected to act as leader, mentor, public speaker, and champion motivator for his own downline. They simply direct customers to a toll-free 800 number. The company fulfills the order, credits the distributor for the sale, and spits out a computerized commission check at the end of the month."

That really helps people see the oppotunity in Wave 3 MLM!

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Summary: Network marketing can't apply in Hong Kong
Review: It is good to sell the dream of freedom to Hong Kong people, but actually, no one knows if you can gain large sum of money after you invest your money and efforts in this company.
Also, there are many illegal companies, which are working as MLM structure, i.e. pyramid scheme. Those companies are rather people oriented than product oriented. Before they enter the company, they need to pay a large sum of entrance fees, and they earn bonus by referring the scheme to people, but not recruiting sales representatives to earn commissions by selling products. Very often, those companies easily wind up. Hong Kong people are mixing up the concepts of these companies with those legitimate MLM companies, such as, Amway, Nu Skin and Mary Kay. Therefore, most of the Hong Kong people are not faithful to the MLM companies as they are too risky for them to join.

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Summary: The book that started the revolution!
Review: Richard Poe is the voice of network marketing. His articles in Success Magazine, Network Marketing: The Most Powerful Way To Reach Consumers in the 90's, May 1990 and We Create Millionaires, February 1992 brought network marketing to the public and business communities. Wave 3 became an instant best seller and introduced the concept of mass marketed MLM--a new generation of network marketing opportunities that simplified and automated many aspects of the business.

No longer did distributors have to warehouse and deliver products, drive miles to meet prospects and send massive mailouts, now WAVE 3 networkers came to rely on drop shipping and auto ship programs, voice mail, 3 way conference calls, video passout, satellite broadcasts, fax-on-demand services and other technicalogical innovations to grow their businesses, faster, easier and better than ever before.

Now instead of coming home from work and going to a meeting, they can simply dial for dollars or put a prospect on a three way call with their sponsor. It also eliminated the cost of paying for expensive hotel rooms to host meetings.

You no longer had to order cases and cases of product, now you could be placed on auto ship and have your products delivered right to your door. And the company will also dropship the product right to your customers door.

With Wave 3 created tremdous growth in the 1990's. Today, publicly traded network marketing stocks are among the best performing stocks in the stock market. And an ever growing number of Fortune 500 companies are creating network marketing companies as separate divisions to market their products. Some examples include Citigroup, Avon, and Rexall.

As we are rapidly moving towards a jobless society, Network Marketing may be the average persons best change to survive in an economy where there are few jobs. In the 1990's, we saw corporate Americans flee from the corporate world to the network marketing, a tradition that has continued through to the 21st century.

Wave 3 started the revolution and is an excellent book. I would recommend Wave 4 in place or in addition to this one. And the WAVE 4 Way to building your downline.

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Summary: Network Marketing seems too ideal in this book
Review: The author stated that the future development of network marketing, i.e. Wave Four will dominate the market, it means that all the companies will be working as the structure of network marketing . It is not necessary for them to spend money on advertising, but they would much depend on people¡¦s network to have a word of mouth communication about the company. But actually, if the company is newly entered, how can it attract the people to be its downlines? In our opinion, promotions, e.g. advertising, are needed to inform the people about this company.

The author only talk about the pros of network marketing, but the fact is that it is pyramid scheme and only the upline (at the top of pyramid) can gain large revenue, but not the downline, as those income of uplines are supported by the downlines who below them.

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Summary: Wave 3:The New Era inNetwork Marketing
Review: This book helped me to understand this business and to find the right company; therefor I suggest you to read this book. You find valuable information how to get started and it tells you how to judge if a company is worth or not to join. If you would like information about the company I work, please do not hesitate to mail.

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Summary: the best wave 3 mlm book ever
Review: This is not merely a book about the future of Network Marketing, it is also a book that begins to show the future of work, wealth creation and trade for the new Information Age economy. In the Information Age we are all destine to be business owners and to be compensated for the value that we add. Poe shows the history and future of network marketing. Newtork Marketing is one piece of a new business model that is replacing bureaucracy. In regards to negative customer comments yes all books are biased. We are humans living from limited paradigms and we can be nothing else but biased. And Yes Network Marketing has it drawbacks, but so too does bureaucracy and all forms of organization especially before they mature.

The real issue is what is Poe telling us about the future of Network Marketing. He is saying that Network Marketing is a work in progress. It is not done. It is part of a new system of work where people do not work as drone employees but as real free market business owners inconnected through the Internet. We will all be compensated for the value we add for others including the referrals we make (which are really relationships).

The greatest failing of people in the Information Age will be those who ignore knowledge that they disagree with. This is as opposed to trying to figure out how to synthesize those concepts with their views.

Everyone needs to read this book and begin looking to see how the concepts will apply to them, even if they do not become a Network Marketer.

Barry Carter (Author Infinite Wealth)

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Summary: #1 Most Popular Network Marketing Book
Review: Though various books are available on network marketing (I've seif-published four of them myself), Poe's is the most popular and best introduction. He explains WHY it works, WHY to do it, WHO is doing it, and HOW to do it. As past senior editor of Success magazine, Poe is not a network marketer per se, but as a professional journalist of high reputation he interviewed enough experts and top performers in the industry to understand and present, with great credibility and clarity, the industry that produces individual distributor incomes of up to hundreds of thousands of dollars per month, even from home.

Poe's respectability and conservative image has boosted network marketing's overall image and reputation since Wave Three was published a few years ago. Poe named me in Wave Three as analyst and watchdog of the industry, but this book has made my watchdog role easier in that the book has raised awareness of proper principles and also has reduced some companies' abuses by educating the public regarding what to expect from responsible MLM companies and how to choose one of the better ones.

Wave Three may be the most popular book ever written on the subject, and is "MUST reading" even though Poe followed this with a Wave Four title. If you want to read an insightful, solidly researched, responsible, credible, informative and engaging book on network marketing, you can do no better than with these pages.

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Summary: Wave 3:The New Era inNetwork Marketing
Review: Wave 3 was a very helpful book because it showed both sides to Network Marketing. Many people in this business are going to go through stumbling blocks, however, through endurance it is very likely, and possible that you can become very successful. Wave 3 also serves as a guide. The author gives the reader key principles that other successful Network Marketers have already learned the hard way, but, at the same time they had to implement them before they were able to become successful in Network Marketing.