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    3 Replies Latest reply on May 29, 2009 6:19 AM by Shreenivasa

    Network Marketing Business

    kimj195 Newbie
      Hello all,

      Im from the Philippines, recently I had join a Network Marketing
      Business on a part-time basis. Does anyone here who has some knowledge
      on this type of business ? I want to learn as fast as I can from all
      the gurus here

       


      Ready Made Canvases
        • Re: Network Marketing Business
          LUCKIEST Guide

          Multi-level marketing (*MLM*), also known as Network Marketing, is a marketing strategy that compensates promoters of direct selling
          companies not only for product sales they personally generate, but also
          for the sales of others they introduced to the company. The products
          and company are usually marketed directly to consumers and potential
          business part

           

          Independent, unsalaried salespeople of multi-level marketing,
          referred to as distributors (or associates, independent business
          owners, dealers, franchise owners, sales consultants, consultants,
          independent agents, etc.), represent the parent company and are awarded
          a commission based upon the volume of product sold through each of
          their independent businesses (organizations).

           

          Independent distributors develop their organizations by either
          building an active customer base, who buy direct from the parent
          company, or by recruiting a downline of independent
          distributors who also build a customer base, thereby expanding the
          overall organization. Additionally, distributors can also earn a profit
          by retailing products they purchased from the parent company at
          wholesale price.

           

          Distributors earn a commission based on the sales efforts of their
          organization, which includes their independent sale efforts as well as
          the leveraged sales efforts of their downline. This arrangement is
          similar to franchise
          arrangements where royalties are paid from the sales of individual
          franchise operations to the franchisor as well as to an area or region
          manager. Commissions are paid to multi-level marketing distributors
          according to the company’s compensation plan. There can be multiple
          levels of people receiving royalties from one person's sales.

           

          Hope this helps
          • Re: Network Marketing Business
            macspider Adventurer
            Get the book "Your first year in network marketing" by Mark Yarnell. It is incredible and unbiased.

            Good luck,

            Steven
            http://www.myefusjon.com/421
            • Re: Network Marketing Business
              Shreenivasa Newbie
              Hi,

              I am sure you've made new venture. I would suggest that clarify whether is it a registered or government approved company.

              Regards