Multi Level Marketing programs
So what is a multi level marketing program?
Multi-level marketing opportunities (MLM) is a marketing strategy in which the sales force is compensated not only for sales they personally generate, but also for the sales of others they recruit, creating a downline of distributors and a hierarchy of multiple levels of compensation. Other terms for MLM include affiliate marketing, network marketing, and referral marketing. In most multi level marketing programs, the salespeople are expected to sell products directly to consumers by means of relationship referrals and word of mouth marketing or motivate those in their downline to do the same.
The Basics of Multi Level Marketing Programs
#1 MLM companies use Independent, non-salaried salespeople of who join the multi-level marketing program, referred to as distributors (or associates, independent business owners, dealers, sales consultants, consultants, independent agents, etc.), to represent the company that produces the products or provides the services they sell. They are awarded a commission based upon the volume of product or service sold through their own sales efforts as well as that of their downline organization.
Independent distributors develop their organizations by either building an active customer base, who buy direct from the company, or by recruiting a downline of independent distributors who also build a customer base, thereby expanding the overall organization.
Multi Level Marketing
MLM and other types of hybrid multi level marketing structures produce the absolute best compensation models and can help those who work hard at it develop huge earnings. Even better than an MLM program is an MLM program that pays you residually. These residual income opportunities have made people insanely rich!
The truth about MLM (multi-level or network marketing) is that if you find a company that provides great products or services at a competitive rate and has a multi tier or multi level compensation module, then this could be an opportunity worth giving serious thought about.
Multi-Level Marketing, direct sales and other forms of multi tier or MLM programs are a great way to build financial success!