Multi Level Marketing -The Bare Bones of MLM and What You Should Know
The first MLM (multi-level marketing) companies sprung up in the 1930's, but
they were dinosaurs compared to modern marketing strategies. It
wasn't until the mid 60's that Multi Level Marketing gained international prominence.
Multi Level Marketing offers the opportunity for anyone to operate their own business. For less than $100 in many cases, you can get involved with a legitimate MLM program and earn from $500 a month to hundreds of thousands of dollars a year.
Most incomes naturally fall between those two extremes, but the earning potential in almost any good company is virtually unlimited.
The only limits are set by marketer himself, by his time, energy, persistence, and faith in his product the people he works with. A superstart in MLM need only be a caring, sharing person, energetic and highly motivated. Some of the most amazing success stories in MLM have been hard-luck Harry's and bored housewives with no previous marketing or sales experience.
The root of Multi Level Marketing success is the sponsoring of new people into
their businesses, much in the same way sales agents find new
retailers to handle their products. Successful organizations
have thousands of distributors, but
even these had to start with one or two motivated people
sponsoring a few other motivated people.
The ultimate test of an Multi Level Marketing company is the quality, price and reusability of the product. A good firm is usually founded on products with rapidly expanding popularity, day-to-day use in the home, and a regular repurchase required. They should be better quality and at least as competitively priced as the same goods bought in stores.
Here are the barebones mechanics of Multi Level Marketing.
1. You become involved with a Multi Level Marketing company first as a customer
because the product offers substantial quality and savings.
2. Because the products are good, you tell others about them.
3. Rather than send these people to your distributors, you
become a sponsored distributor yourself for these new people.
And if these people, let's say the are five, know five other who
will buy the product, you have 25 people buying products through
4. If these 25 each know five people, you have 125. If those 125
know five people, you have 625 at the fourth level buying
through you in a distributor's network you built from only five
people. If these people purchased only $50 month worth of
products, that would be $500,000 in gross sales, and you could
expect to earn at least one quarter of that figure, probably
5. Commission and bonuses vary with product and company, but
most go through four to eight levels, and have two or three
levels at which substantial higher commissions are paid. This
encourages new distributors to build those levels.
6. Some of the networks-inside-of-the-networks will end at
certain levels with people buying but not sponsoring new people.
And some will involve more than five people. Distributors will
always be your best customers and biggest moneymakers.
7. The best companies are the blue chip firms offering a wide
range of products. New ones emerge all
the time and some of the faddier MLM companies die quickly. but
they can still make good money quickly for distributors with
Choose your product line carefully, recruit heavily and always
expand your business education as you grow. Multi Level Marketing is a big field
with big rewards for anyone, absolutely anyone who can commit
themselves to success at any cost.
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