What is Network Marketing or Multi Level Marketing ?

Network marketing is also known as MLM (Multi-level marketing). It is a business model in which individuals or independent representatives (often called distributors, business owners, or associates) sell products or services directly to consumers and recruit new business owners for their teams. The special attraction of network marketing is its hierarchical structure, where representatives (business owners) not only earn commissions, and bonuses on their own sales but also on the sales made by the independent representatives, they recruit into the team or network. 

Followings are some key features of network marketing and multi-level marketing:

Hierarchical Structure: In multi-level marketing, independent distributors recruit and build a team or network of recruits who, in turn, can recruit others. Each level or tier of recruits is typically referred to as a "downline." Independent distributors earn commissions and bonuses not only on their direct sales but also on the sales made by their downline that is by their team. 

Compensation (Income ) Plans: Multi-level marketing companies have different and various income plans that decide how independent distributors are paid. These compensation plans can include commissions, bonuses, and incentives. These are based on total sales volume and other performance metrics. 

Products or Services: Network marketing or multi-level marketing companies offer a range of products or services, which can vary widely, including products of health and wellness, cosmetics, nutritional supplements, household goods, and many more. Independent distributors are responsible for selling these products to consumers to earn income.

Training and Support: Network marketing companies normally provide different kinds of training and support to their independent distributors, helping them with sales techniques, product knowledge, and business-building strategies for their business and personal growth. 

Recruitment of team persons: One of the main aspects of multi-level marketing is the recruitment of new team persons called independent distributors. Existing distributors are motivated and encouraged to recruit new members into their team called downline, and they often earn income in the shape of bonuses or commissions based on the sales generated by these recruits.

Controversy regarding network marketing: Multi-level marketing has always faced criticism and controversy, with some people likening it to pyramid schemes. It's important to distinguish legitimate multi-level marketing companies from illegal pyramid schemes or scams. Pyramid schemes or money circulation schemes, mainly focus on the recruitment of new members and offer no genuine products or services to them, while legitimate multi-level marketing companies have real products or services that are sold to end consumers.

Legal Regulation: Network marketing is subject to legal regulation in many countries. It is legal in India also and there is a proper law on it in India now. Some countries have specific laws and regulations governing the industry to protect consumers from fraudulent or money circulation schemes.

Network marketing offers individuals the opportunity to build their own businesses with flexible working hours and the potential for financial rewards and independence. However, success in multi-level marketing often requires significant time and sincere effort in building a customer base and a team of independent distributors. As with any business opportunity, it's very important to properly research a multi-level marketing company before getting involved and be cautious of potential red flags or promises of quick wealth. Choose a genuine company with having solid background and management team, great products, and a very good compensation plan. 

I work with one of the leading and best network marketing companies. What I like the most about is as follows:

1. It has a solid background and a great management team of very experienced people.

2. It is working in 160+ countries with more than 4000+ offices in the world.

3. It is a 47+-year-old brand with a 300+ variety of products.

For more details, you may visit the website of the company. www.foreverliving.com

If you like to check the details or be part of this great opportunity go to 910002291241.fbo.foreverliving.com ( Make sure to select your country and preferred language at the right side top of the website after clicking)

#multilevelmarketing #networkmarketing