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Watch on YouTube here: The #1 Secret to Get RESULTS in PhytoScience! Via https://www.youtube.com/channel/UC1G5y6BQrddHWun33aW4HLQ/videos via Blogger The #1 Secret to Get RESULTS in PhytoScience!
Multi-Level Marketing or Network Marketing and sometimes called Direct Selling is the distribution of product or service through word of mouth on a person to person basis. Direct selling do away with fixed retail location or storefront. Distribution is done by independent sales representatives, sometimes referred to as consultants, distributors, sales agents or other titles, by communicating directly to the costumers by going to their homes, offices or through internet, phones, or other form of communication. Direct sellers are not employees of the company. They are independent contractors who market and sell the products or services of a company in return they earn mark up profit, bonus, commission, overrides and other incentives. Almost all kind of goods and services can be sold this way. It is a market distribution model wherein the Multi Level Marketing Company distributes the product or services through an Independent Representative (IR) who also recruit and train another Independent Representative, creating a hierarchy of IR's. This representative earns from his own sales and that from the sales of his recruits or down lines. As members of the MLM company, the IR's get discounts on the products they buy from the company and sell it with a margin of profit. Aside from the mark up profit from their sales, they also earn commissions, bonuses, overrides, etc. from the sales of their downlines, downline downlines and from their group several levels down.
Why Network Marketing As A Home Based Business?
Among the different market distribution models, MLM is the most effective model in distributing products and or services. This is the reason why the MLM industry creates more millionaires out of ordinary people without formal business training and education than in any industry combined. However because of its effectiveness, some use it in Pyramiding activity creating a bad reputation to the Multi-Level Marketing industry. To dissociate themselves from companies doing illegal activities, legitimate Multi-Level Marketing Companies organized an association among themselves with strict regulations to be followed. This way, pyramiding companies pretending as legitimate MLM company are identified and separated from legitimate MLM companies for they could not abide with the strict criteria adopted by the association. Worldwide, we have the World Federation of Direct Selling Association (WFDSA)and Multi Level Marketing International Association (MLMIA). In the Philippines, the mother association of legitimate Multi-Level Companies is the Direct Selling Association of the Philippines (DSAP).
NETWORK MARKETING - THE PERFECT BUSINESS First seen on: http://teamleverage.weebly.com/about-mlm.html |
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AuthorI'm Elisha and I've been exposing scam MLM companies since 2003 Categories |