author.com
  Main Page :> About Us :> Place Your Link :> Privacy of Info :> ToS :> Submit Article
Search:   
 
 

Tune Your Piano of Persuasion

You have all heard the adage that if you are a hammer, everyone is a nail. You can't treat everyone ... - Kurt Mortensen
 

Your Business May Benefit From A Point of Sale System

Probably the most energetic and enterprising individuals live in the United States. So many American ... - Morgan Hamilton
 

Preface of Project Management

Project management is the procedure of systematizing and managing resources in such a way that these ... - Bharat Bista
 
 

The Myth of the Natural Born Sales Wonder

Salespeople are not born, they are made. So what's the point of using personality inventories? - Frank Salisbury
 

The Future of Online Marketing

Why Internet Marketers Must Embrace Today?s Digital Media for Continued Online Marketing Success. - Rodney Brooks
 
 

Main Page » Business & Services » Marketing
 

Direct Marketing Defined - Metcalf's Law

 

There is no denying that those who do well in life have networked in some form or another.

Networking does not only apply to what most people consider MLM or multi-level marketing,but also to anyone who establishes contacts for the purpose of expanding and strengthening their business connections. So when one takes an in depth look at all types of businesses, including the financial sector such as banks, everyone networks in some way, even the job hunter who sends hundreds of applications to his or her favorite placement agency.

This then brings us to the topic in question. It is widely recognized that direct marketing is a closely related to network marketing. Or isnt it the other way around. Lets be clear on one thing, the term network marketing has been greatly abused. It is shunned upon as strictly meaning multi-level marketing, when it is not. Not that theres anything wrong with multi-level marketing which is in fact, direct marketing.

But isnt selling from a website direct marketing? Yes it is! Direct marketing (person to person), in whatever form you choose to apply it, whether it be an information product on the net, or as an independent business owner for various manufacturers and distributors that choose this route, is in my opinion the only viable source in todays economy where anyone can become rich in a relatively short time frame as compared to conventional methods.

There is no argumentthat if you want to escape lifes daily ruts which the lack of money imposes on people, theres no other way! I firmly believe that!

Some universities, at least in my neck of the woods, have given it a new name. They call it collective entrepreneurship, based on people joining together in solidarity towards a common goal, which is obviously financial.

Direct marketing, because of the principle and the magic of geometric progression, is an engine of infinite success. Did you all understand this? Let me put it another way.

How many of you know who Robert Metcalf is? Robert Metcalf is one of the people credited for creating the Ethernet. The Ethernet dates back to when people first started using cable to hook computers up to each other in the late 60s. In 1972 Robert Metcalf and David Boggs at the Xerox Palo Alto Research Center first standardized Ethernet. He more recently founded the technology company, 3ComCorp. But more importantly he is also credited for defining Metcalfs Law which is:

A Network Economic Value = Number of Users

In simple terms, if there exist just one telephone, that single telephone has no economic value. The moment there are two telephones, according to Metcalfs law, the economic value of the phone network is now squared. The economic value of the network would go from 0 to 2 (squared) or 4. Add a third phone and the economic value of the network is now 9. In other words, the economic value of a network goes up exponentially, not arithmetically.

Direct Marketing, takes the theory of Metcalfs Law and turns it into an unparallel business model. Grasp the meaning and the power behind this, and you will understand the power behind Direct Marketing, also known as Viral Marketing.

Author: Jonathan G. Michel
 
Author Bio:
Jonathan G. Michel is a well-known scripter. Jonathan likes to create articles about this industry.
 
 
 

Related Articles

 
To Be Successful Sell to Wants not Needs
 
Becoming A Coach In Everyday Life
 
Marketing On The Cheap: Become a Joiner
 
What Business Problems Do You Have That A Few More Sales Would Not Cure?
 
The Ins and Outs of Internal and External Relations
 
The Cafepress idea of unique gifts and home business.
 
The Importance of a Work at Home Schedule
 
Small Business Marketing Tip - Package means Climate and Staff
 
Labor of Love
 
Top Ten Lessons Learned in Home Based Internet Business
 
 
 
Get 3 way links
 

Fashion & Lifestyle

Education & Learning

Games & Play

Society & Issues

Realty & Property

Travel & Accommodation

Hygiene & Health

Healthcare & Treatment

Banking & Finance

Business & Services

Eating & Drinking

Adventure & Sports

Law & Politics

Recreation

Art & Culture

Automotive

Children

News & Media

Self Help

Home Family & Garden

Careers & Employment

Computers & Software

Research & Science

Shopping & Auction

 
Main Page :> Privacy of Info :> ToS  
Copyright © 2008 www.authorspoint.com