Benefits and Drawbacks of Multi Level Marketing

BENEFITS AND DRAWBACKS OF MULTI LEVEL MARKETING

Introduction Multi Level Marketing (MLM) is a marketing strategy that sells a product or service by some direct sales organizations. The MLM company’s revenue is obtained from unpaid labor that sells the company’s goods or services. Pyramid or Binary Compensation Commission scheme is the revenue model for the multi level marketing participant. MLM encourages its … Read more

What is Multi Level Marketing ?

MULTI LEVEL MARKETING

Introduction Multi Level Marketing (MLM) is a marketing strategy, where a product or service sales is employed by some direct sales organizations. The MLM company’s revenue is obtained from unpaid labor that sells the company’s goods or services. The participants’ income is generated from a pyramid-shaped or binary compensation commission scheme. MLM encourages its participants … Read more

What is Network Marketing ? How does it work ?

ADVANTAGES OF NETWORK MARKETING

Introduction to Network Marketing Network marketing is a type of marketing where people use their own networks to expand their businesses or sell products. These networks are utilized to find new clients and partners, and they frequently have a mentoring and training program for new recruits. It’s a business model that relies on a network … Read more