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MLM Travel Industry
The MLM travel industry is growing with leaps and bounds as many new companies that operate under the network marketing model are entering this lucrative market. Furthermore more people every day choose to book their vacation through the websites of independent travel agents or directly with them. But no matter how fast that industry has grown the last years, it will grow even faster the years to come and become bigger as there are two factors that push it forward at an accelerated speed.
First, the travel industry is a multi trillion one in terms of dollars spend as almost everyone takes vacations in the western world today, even if it is for a few days. Add to that that there are billions of people in the rest of the world that are seeing their disposable income growing every year, people that would naturally at some point spend some of that money towards vacations, and then we talk about trillions more entering that market.
Even if the travel MLM companies hold the same percentage of that market we would still talk about a phenomenal growth that could only be matched by the health and wellness industry. Of course someone can argue that at the current time due to the problems in the US economy the whole world is poised for an economic recession. Although such thing is possible sooner or later the American economy would get healthy again dragging the rest of the world with it. So the current setback is only a fluctuation to the overall trend which is upward.
Second, the network marketing companies that are active in the vacation business are getting more mature every year and are offering a greater variety of travel products and deals for every budget. From high end luxurious vacations to cheap choices satisfying everyones needs depending on his financial situation. Due to this the people start choosing this companies and their independent agents more often than they did in the past. And we are talking about real customers not distributors booking their own vacations.
The public starts seeing the multilevel marketing companies in this field as real legitimate businesses that have to offer them value for their money and not as mere network marketing schemes. That shift in the public s attitude, although still many disregard businesses that operate under this model, would continue in the next years sending more and more customers to independent travel agents. That would lead to an increase in the market share that MLM companies have which means even more money for its distributors.
Of course, myriad other factors would play their role, no matter how small, in the growth of this industry under the direct sales network marketing business model. But the above two that we mentioned are the more important and would play a very significant role in the future expansion.
As we can see those involved in a travel MLM are very lucky as a bright future expects them, if they are good in their business of course. The sales are going to increase and many others would decide to join their organization as distributors as the industry expands which means additional income from referral fees.
The are also great benefits for the general public as the increased competition from multilevel marketing businesses would reduce prices while at the same time increase the quality of services offered. Also the income from that activities would be distributed among many individuals that operate their home based business in the vacation market and not to the hands of few mega companies that control the market. Society always benefit when money are distributed more evenly and this time through market forces.
As you can see the benefits are great for both members of such opportunities as well for their customers and society. So be ready for the coming big expansion that would happen in the next years.
The major companies and the future of the travel MLM industry. A look into what is coming and how distributors in that industry can benefit as well as what newcomers that plan to join such a multilevel marketing opportunity should be careful of. http://mlmspot.com/2008/06/16/travel-mlm/
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