Friday, December 24, 2010

Multi Level Marketing: Brilliant And Legitimate Concept

Business Plan Presentation at FSG 2009Image via Wikipedia
Multi level marketing or MLM, despite its success for the past half a century, has gained the most horrible reputation in the industry. The criticism went on and on until the remarkable business concept has come to the point where almost everybody is scared to be part of it. Whenever one hears the word MLM, it is almost instantly that people think of it as scam, pyramid rip-off, and other worse terms. But the thing is, it has been a successful business scheme ever since.

For the past 50 years, many companies have benefited from its advantages while more and more are beginning to use the concept for their business plans. So, despite the horrible reputation, what makes these companies continue to use such method for bringing more sales to their products/services? Simple. It works! How can it work for you? Again, very simple!

1.) The first thing to do is to look for a legitimate company with a product or service that you desire to be connected with. While considered the simplest, it is the most vital initial step.


2.) Next task is to create a network by recruiting members who will distribute your product/service. Commissions are earned from direct product sales and from royalties earned from direct sales of your network.


3.) And then, keep recruiting and encouraging the down line to recruit more members so the team gets bigger. The bigger the team, the high monetary rewards for everyone.

It is different from the typical way of marketing, where a lot of time is spent before the product gets to the buyers and the pay gets to the worker. In the MLM business, those players in the field are removed from the scene so that it is only you and the manufacturer that is involved. The product gets promoted only by word of mouth, so unnecessary expenses from ads are removed from that too.

As a result? Instead of paying many people, you are the ones who get paid from the commissions earned from your MLM team's sales. That's the reason why MLM companies can afford paying hefty sums to the members. Clearly, the one who started this marketing concept 50 years ago is such a remarkable, brilliant business maker.

If you are still afraid at the mention of MLM or multi level marketing, here is another viable reason why you should look at this concept in a different light. It is often that products are made with superior class and quality so that what the consumers, or actually the members, will get are only worthy of their money. Because it has become hard for the people to convince or entice other people to trust how MLM works, it is more important than ever that manufacturers come up with only a product that people will find useful and worth every cent spent.

So, why should you dismiss the horrible belief about MLM business? It is because the method is a very amazing business plan that works. It is a business that doesn't require you to spend hundreds of thousands of dollars to start. And it is the most ideal choice for people who can't stand working in a nine to five job.

Don't get caught up in your fear about multi level marketing. What you should do is to get a second glance and see what it really has to give you. It is not too late to reap that financial rewards you so long all these years.
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