Can Network Marketing Succeed In A Bad Economy

Some may wonder if the economic crisis will have an effect on a network marketing venture such as Quest Travel Network. Actually, it is a good question that involves a lot of foresight. You should also be glad you asked it because the answer will be one that will prove to be a positive one. This is a venture that can succeed in a recession and financial downturn. It can do so for a number of reasons.

Recessions are cyclical. Markets and economies have their ebbs and flows. That means they will not last forever and the market will eventually recover. How it will recover and when it will recover may be a question mark but it will recover. That means when the economic recovery occurs a network marketing strategy will take off even faster. And here is something most people are not aware of: even during a recession a travel related business will prosper. Why is this? While people will look towards strategically cutting back on expenses, they will do whatever they can to keep their vacation travel plans!

Remember, people love their vacations and do everything they can NOT to drop their travel plans. So, if you already have your Quest Travel Network business in place, you will not only cash in on existing travel as well as reap the rewards as the economy swings back in line in the manner it always does. However, if you were to wait for the economy to recover prior to launching your business there would need to be a “gestation” period to get your business up to speed. Now, there is nothing wrong with such a plan. However, it would be no where near as preferable as being right there on the ground floor when the action starts.

Take note of this: I would say this is the best economy to start a home based business BECAUSE of the economy. More people than ever are searching for ways to recession proof themselves. Statistics show that 32% more people in the last quarter of 2008 were looking for another source of income. This is the perfect time for you to start the Quest Travel Network home based business!

Also, a network marketing system is a very low cost venture. Often, it can be promoted through Internet marketing, blogging, and social networking as well as offline for little or no cost. Additionally, even if you are not entirely familiar with these types of marketing strategies you will not be left out in the proverbial cold. The support of founding members like Greg and I as well as the training in place with QTN will help you along the way making sure that your marketing strategies stay on track and on budget.

Network marketing also falls under the home based business paradigm. Home based business can be operate with extremely low overhead. There is no need to pay rent on a separate office, there are no travel costs or wear and tear on a car, and there are significant tax deductions available. If that does not sound like a venture tailor made for a recession then nothing does!