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Curt & Kay @ daughter's wedding |
Network Marketing is also called multi-level marketing. This is a description of the compensation plans that companies use. |
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Wikipedia has some good and fairly unbiased information for your research also. |
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The "marketing" part of mlm is discussed in answer to some of the questions on the right. The "multilevel" part comes with the compensation structure. |
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In most companies independent representatives get paid not only to sell product, but also to recruit others to sell the product. |
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Read, hang out, and give us your thoughts on Curt's Biz Blog. |
Most pay plans also compensate reps for building a team of reps underneath the first "level" of personal recruits. |
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So, in addition to selling a product or service yourself, you get Joe & Jill to work with you. Joe then "sponsors" a friend. |
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Free eBook from Curt's good friend Ann Sieg: The 7 Great Lies of Network Marketing |
When Joe's friend begins to sell product and work, you may also get a percentage of his sales. This dynamic continues down "levels." |
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The number of levels and how it works varies greatly, but this is where the term "multi-level" marketing, mlm, came from. |
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Christian Home Based Business MLM Home Based Business Internet Business Opportunities Biblical Prosperity
Curt
Johnson
curt@coachcurt.com
Skype:
tazcurt
USA:
815-918-4304
NZ:
64-21-520-598