|
What is Multi Level Marketing ?
MLM or Network Marketing is a method of marketing products and services through independent representatives who refer customers to the Multi-Level Company they represent.
Now, most objections that people have about getting into Multi level Marketing are due to not realizing the difference between MLM, Pyramid Sales and the Direct Sales methods of marketing.
This is understandable because most reputable MLM companies belong to the Direct Selling Association.We have been conditioned to think of MLM
as door to door direct sales programs because our first encounter with them was when a distributor knocked on our door to sell us something.
MLM a hierarchical marketing system in which the goal of salespersons is not only to buy and sell the product in question, but also to recruit others to buy and sell the product in question, who will in turn recruit others...ad infinitum. Each salesperson receives a portion of the entrance fee paid by his/her recruits, and a portion of the profits earned by all salespersons below him/her in the sales chain. This is also called as multilevel marketing, multi-level marketing, matrix marketing, network marketing etc.
MLM Marketing is the solution to the distribution costs of the most companies because there will be no more channels between the producer and the consumer. And the most part of the benefit can be paid to the distributors.
|