Network marketing, which includes multi-level marketing (MLM), is a business format which sells products or services through and for the use of a distribution network made up of self-employed sales agents. The representatives receive income through their sales activities as well as through recruitment of new members into the network structure. In this case, recruiting creates a pyramid scheme since the members receive benefits from their own retailing activities and also from the retailing activities of the new members which are commonly called the downline.
The main reasons why most people are inclined towards network marketing are the prospect of earning high salaries and having many flexible working hours that enable one to telecommute. And self create usual work. Several training provisions and support systems help them to perform well. On the hand, many critiques network marketing due to its likeness of the pyramid fortune scheme whereby needless to say the bottom majority of participants earn dramatically less than the few on top of the pyramid.
In network marketing, ability to withstand persuasion, encourage and maintain relationships and be able to establish and grow a large number of connections is critical. Although it presents great opportunities, it is important that one educate themselves about the business before venturing into it.
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