Networking in the Philippines

May 17th, 2008 by Lavern | Filed under Business and Marketing. 78 views

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Network Marketing is one of the effective tools in promoting products. Widely used all over the world. United States and Japan are among the countries who have a great number of Networking companies all over the world. Some people think that Networking is an easy way to get money and fortunately there are number of people who successfully made money from this type of money making scheme.

For example Forever Living or EcoQuest International. This is the type of business where working at home is more convenient. They are also called Home-based Business.

In the Philippines, the idea is far from other countries. Networkingin the Philippines is merely focused on recruiting rather than promoting the products. People would recruit people from joining the business just to compensate the money they’ve invested.

The impact of the Networking industry in the Philippines is more crucial. The proliferation of the so called “scams” in the country affects the industry itself.

Late 1990’s, Pentagono recruited thousands of people, it was called “Pentagoyo” by some. Last year, Francswiss made a name too.