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The following article was published in our article directory on August 12, 2013.
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Article Category: Internet
Author Name: John Martens
Have you heard of the term MLM?
Multilevel marketing, or network marketing, is a marketing strategy that's been gaining popularity for the last few years, with companies using it spreading to different continents and countries around the globe . These companies offer many opportunities for all kinds of people, though not that many people know exactly what it is and what good it can do to them. Well, this article will help answer a few questions .
All About the MLM Trade
Multilevel marketing employs direct selling as its main selling strategy, with its members as its main sales force. Unlike most products and services that rely heavily on advertisements and the concept of supply and demand, MLM cuts the middlemen and advocates that the seller go directly to his or her customers.
This is probably why most products these MLM companies sell are obscure to the masses. They don't rely on commercials on TV, radio, and the internet, but mostly on word of mouth from their members telling their friends and families about their products. The money saved from eliminating advertisement expenses can then be used for other things, or else, distributed among its members as perks .
But Why Is It Called Multilevel Marketing?
It's called multilevel marketing or network marketing for a reason. For you to succeed in this trade, you'd need to establish a goodly number of connections-friends, family, colleagues , and even strangers who will all buy the company's products from you, or become a new member as your referral.
Once you have a network, the sales from the affiliates within your network or down lines will also affect your earnings. Most MLM companies set target sales every month or so, and while your solo sales might not be enough to hit it, the collective sales of your network might be more than sufficient to push you through.
Benefits of MLM
Multilevel marketing has many advantages to its members, largely, with them being the boss of their time. Members get to decide when and how long they work, because they get compensated for each sale, and not for each hour. They can work around their schedules so that important dates and events aren't compromised.
Another benefit is that the workload is as heavy or as light as the members want them to be. As with the flexibility of time, members can also put in more effort or less effort as they please. This makes MLM a great choice for nursing mothers or college students who still want to earn money .
The greatest part about MLM, though, is that you don't need a diploma to qualify. Network marketing doesn't ask for heavy skills or deep knowledge-all it asks for is commitment. If you can commit yourself to the trade and to your products, you will do well in this career.
Now that you know more about multilevel marketing, why not give it a try and see for yourself?
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