Ultimate Multi Level Marketing Secrets
Do You Feel that Your Salary Does Not Reflect The Hard Work You Put In? Ever Considered Making a Switch To a Different Business? What If You Could Work From The Comfort of Your Own Home, What if You Had The Chance of Being Your Own Boss?
Do You Dream of Becoming a Head Honcho? Is Your Sales Job Not Lucrative Enough? Do You Feel that Your Salary Does Not Reflect The Hard Work You Put In? Ever Considered Making a Switch To a Different Business? What If You Could Work From The Comfort of Your Own Home, What if You Had The Chance of Being Your Own Boss?
People often confuse MLM with pyramid marketing; however there is very clear distinction between the two approaches: pyramid marketing is about getting your money and then using you to recruit other distributors; MLM, on the other hand, is about moving the product through a larger network of distributors so that the business can increase sales volume.
Another difference between MLM and pyramid marketing is that Pyramid marketing requires each level to DOUBLE before a new level is created so it isn't fair to people lower down in the levels and also unethical. MLM, however, awards a commission based upon the volume of product sold through own sales efforts as well as that of the down line organization.
Since MLM faces the risks of initiating a business that has not been tested by the customers is not recognized, people prefer to wait a coupe of years before joining. Hence, they also witness the company’s track-record and reliability.
Multi-level Marketing, or MLM, is a marketing strategy which creates a down line of distributors and a hierarchy of multiple levels of compensation. The sales force is compensated not only for their own sales but also for the sales of the people they help recruit. Firms, having a large product base, often cannot employ equivalent sales force; and believe they would be better off without the traditional approach. Hence, they implement MLM to survive competition from multi-nationals. MLM is also known as Network Marketing because it utilizes a network of individual customers to hit other potential customers. In other words, every individual customer serves as a sales representative.