MLM is an acronym for “multilevel marketing,” and is also known as network marketing. MLM is not a business type it is a way to conduct your business.
MLM companies are not from other companies that manufacture or distribute products. The key difference is in the way MLM companies advertise and distribute their products or services.
Instead of doing their own advertising and having their own sales staff, MLM companies pay independent distributors to sell product. Sales are dervived from the personal recommendation and endorsement of the MLM distributor.
But MLM is much more than direct selling. It goes a step beyond direct selling: they also pay distributors commissions on the sales of their own organizations. Each MLM distributor can build a downline, or sales organization, simply by recruiting new distributors for the company. The multilevel distributor is then paid on the product sales made in their down line according to the company’s compensation plan.
Most multilevel marketing (MLM) compensation plans are based on a payout for each level of distributors in the IBO’s (Independent Business Owner) down line (hence the term “multilevel”). When an MLM distributor recruits new distributors for his or her down line, they are generally placed on their first level.
When MLM distributors recruit, their new people are placed on their first level, which would be the second level of the first distributor. Most MLM compensation plans pay a different percentage for each level down a specified number of levels.
As a multilevel distributor begins building their down line, the people they sponsor ALSO start building their own MLM down lines. And as they do that, they help build the lower levels of the distributor’s organization. One of the big attractions of MLM is that you profit from the work of all those people below you, who are building their own organizations (which is also part of YOUR organization).
MLM organizations can pay you an almost unbelievable monthly income! But please understand that you do have to build your down line and this is not something that happens over night. You have to commit to your business opportunity and you will be reward with residual income. Many people become millionaires in the MLN industry check the Forbes List. But it is through hard work that this happens.
Most people who try network marketing aren’t very successful for a variety of reasons:
1.They don’t understand that MLM is a business, requires motivation, time, energy, and personal investment in marketing and training.
2.They don’t really understand how MLM works and that one must build a SALES ORGANIZATION in order to earn residual income.
3.They think MLM is one of those “get-rich-schemes” that will make them rich in a few weeks without much work.
4.They don’t understand that one of the most important ingredients of success in MLM is personally training and working with your down line.
5. They don’t understand how to successfully recruit,motivated people who will make good MLMbusiness partners.
Mandura is a MLM business that you should consider. Mandura has what you need to make residual income and to help you build and maintain a successful down line. www.manduraslim.com
Tara The Mandura Juice Lady