There is little doubt that cannabidiol or CBD is one of the fastest growing products on the market today. Since the passage of the 2018 Farm Bill which allowed for the sale and distribution of products derived from industrial hemp, namely CBD, the industry has exploded to become one of the most noticeable in the country. It is why CBD oil network marketing has become one of the hottest trends for new business growth.
What is CBD?
Cannabidiol is found in industrial hemp and cannabis but should not be confused with THC. While THC is the chemical compound that gives you the feeling of being “high”, CBD is a product that is used to treat several conditions. CBD was first used as an effective treatment for epilepsy, but it has since been discovered that it works well to reduce anxiety, pain, inflammation, sleep disorders, and more.
CBD is safe and has few, if any unwanted side effects when taken in recommended dosages. And while it is mostly used to treat certain conditions, many people use it daily to help reduce anxiety and create greater relaxation. The result is better focus throughout the day.
Can You Market CBD?
CBD is fully legal in most states, although it does face some restrictions. Even on the internet, the ability to advertise CBD has some curious caveats. For example, can you advertise CBD on Facebook? The answer is yes for topical CBD products and ingestible hemp. But no for ingestible CBD products such as CBD oil, edibles, and vapes.
For those who are looking at getting into the CBD industry either in production or distribution, the challenges are considerable. While the industry itself is exploding, getting in can be quite expensive. Plus, given the various restrictions selling CBD products can be tricky depending on where you live, what you sell, and how you plan to advertise.
This confusion and expense have resulted in the rise of CBD oil network marketing companies. Such companies are a natural development given the complexities of the industry as it stands today. But what is a network marketing company and how can it work for you?
What is a CBD Network Marketing Company?
This is a company that is fully established. All you need to do is sell the products. There are no CBD products to create, develop, or inventory on your part. Everything is handled by the company itself, all you need to do is become a distributor.
Such companies will provide you with websites to sell CBD oil products to consumers. If someone makes a purchase through a website you control, the company will handle the transaction and shipping process while you receive a commission. This is like a salesperson for a company that earns a percentage for every sale that is made.
You may pay an initial fee, but for the most part joining such companies is inexpensive and the costs are minimal once you are set up and going at least with the company. Marketing your website is another matter and may require a stronger investment to reap financial gains.
There are numerous advantages for those interested in getting to the CBD industry, but neither have the money or expertise to run their own business.
Avoiding Potential Issues: Just because CBD is legal in your state does not mean that it lacks restrictions. Complying with local, state, and federal laws can be quite tricky if you are not familiar with them. And given how rapidly they change it can be difficult to keep up.
A reputable CBD oil network marketing company has done all the legal assessment for you. They provide guidance to ensure that you steer clear of any legal issues while selling their product. This means that if you follow the guidelines they set, you will not get into trouble.
For example, one of the issues that many who market CBD face is the Food & Drug Administration (FDA) which places restrictions on how CBD can be advertised. A proper company will provide you with marketing guidelines that avoids making false claims about CBD. This will help keep you away from issues regarding the FDA which restricts such claims for CBD.
An Effective Way to Sell CBD?
Minimal Startup Costs: Perhaps the greatest advantage is the initial cost of joining a CBD oil network marketing company is often below $100. Compare that to the amount needed to start your own CBD business. Even if you just have your company online, the cost of setting up the site, obtaining the products, securing deals with wholesalers or manufactures, and the myriad of other costs can be considerable.
With a network marketing company, that aspect is already completed. All you need to do is join the company and start selling.
No Experience Needed: While having some experience in selling is certainly helpful, even those who have never sold anything in their lives can create considerable profits by joining a network marketing company. This is because the company itself offers guidelines in how to properly market what they offer because it is in their best interest for you to succeed.
The old saying, ‘you do not sell a product, you find a product that sells’ certainly applies to CBD which is one of the hottest products on the market today. All you need to do is get it in front of the public and the sales will begin. The attributes needed to get going are persistence, determination, and the ability to learn and adapt your marketing efforts as needed.
The downside is that there are still restrictions on many popular sites in terms of selling CBD. For example, Amazon and eBay currently do not allow for the sales of CBD. Despite what you might see in terms of the products available. Such products that seemingly contain CBD and being sold on Amazon or eBay are fake. So, it can be easy to be fooled into thinking that you can use these outlets to sell actual CBD products.
Choosing the Right Company
As with joining any company, you will need to check them out first to see which one is best suited to your needs and abilities. Although there are many to choose from, the best companies will have the following attributes.
- Exceptional Support
- Good Selection of Products
- Great Reviews
- Low Fees & Costs
- High Commission Rates
- Excellent Reputation
You will need to be careful and follow the rules of the company you join. The more research you do, the better prepared you will be. However, anyone can become successful in selling cannabidiol products through a CBD oil network marketing company. Just be sure that you choose a reputable company that offers plenty of support and guidance.
And after that, the best advice is to pay attention to the marketing efforts you are making and adjust when necessary. While trial and error may be time-consuming, it is still the best teacher of what works. Once you find your niche and start creating success, the process will become easier to follow.
If you are looking for an inexpensive, yet quite effective means of getting into the industry. Then joining one of the many CBD oil network marketing companies is the answer. It offers the structure necessary for you to get started without having to invest a lot of money. Plus, the profit potential when you join the right company can be considerable. If you are looking to build a second income stream, then this may be one of the best opportunities available.