Ethics in Network Marketing

Ethics in business has become a very hot topic in recent years. In fact, since the collapse of large corporations such as Enron, due to poor ethical business practices, business ethics has never been more important than it is right now. Business ethics, however, does not just relate to large corporations. Small businesses and even home businesses must also conduct business in an ethical manner. 

Network marketing has had its ups and downs for decades, but even in Network Marketing business ethics exist, and good network marketers, as well as good network marketing companies do in fact adhere to certain ethics. Most of the companies that are legitimate even have ethical policies in place. 

In network marketing, for example, it is unethical to raid other networks for distributors. When you sign up with a network marketing company, you will most likely be given the ethical policy, as well as the bylaws that you are expected to adhere to. These documents state what is expected of you, as well as what is expected from the company, from an ethical standpoint. 

As a network marketer, you are given inside information concerning the company that you are a distributor for. It is unethical to pass that information along to competing companies, and in most cases, the ethics policy does not allow for this. Cross-sponsoring is also a practice that is not considered to be ethical among network marketers. 

In order to conduct your network marketing business in an ethical manner, you must be willing to first read, understand, and uphold the policies of the company that you are associated with. If you plan to bring your down line into other network marketing opportunities, you have a responsibility to inform your up line of your intentions to do so. 

However, for the most part, it is often considered unethical to be involved in more than one network marketing company at a time. At the same time, however, it is considered ethical if you are involved with more than one network marketing opportunity, as long as all of those opportunities are kept completely separate.

You must also be completely honest with your down line members. In other words, don’t make promises that you know are not true – such as promising that they will make a fortune in a short amount of time, for little or no work. Likewise, your up line should be ethical in dealing with you, and not make those types of claims either.

Overall, network marketers everywhere depend strongly on other network marketers to uphold the code of ethics for network marketing. Without adherence to that code, the industry as a whole suffers.

For more information on the author and how we can help you build a respectable and profitable business, contact:

To Your Success

Jed A. Reay

Jed A. Reay

Managing Partner of 5 Star Success Team

800-863-4592 Option #1

www.jedreay.com

www.jedthecommunicator.com

Communitelligence dot com

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R&R InfoSystems, Co. ~ P.O. Box 7427 ~ Eugene, OR. ~ 97401 ~

“The only question in front of you now, now that you know what you want, is the question, how?  And the only answer is, you need to take specific, continuous, persistent action, every single day, in the direction of your goal --- knowing that you will fail more times than you succeed, and every failure is going to teach you something that is inaccessible to your ultimate success.” Brian Tracy