basic principle
Multilevel marketing (MLM), also called "network" marketing, is a way to sell goods and services through self-employed independent distributors. As a network operator (independent distributor) you will receive sales of your products and services and the missions of other people seeking recruitment agencies. Multilevel marketing plans usually pay invoices by two or more levels of new recruits, called "distributors' downlines".
Downline is the distributor you accepted and they are responsible for the sale and distribution of the distributors they are recruiting.
Upline is a distributor who is on you in the MLM hierarchy and received a commission (overwrite) from sales.
It is a plan that focuses solely on recruiting the MLM plan which is actually a pyramid scheme (the so-called "naked pyramid scheme"), that is, more distributors to avoid, but the substantial product is at the bottom of the pyramid There is none. New participants hope to gain a profit by paying a fee to participate and recruiting others to the system. It is an example of a chain letter.
State law for the pyramid law states that the MLM plan should only pay taxes on retail sales of goods and services, rather than recruiting new retailers of retailers. However, MLM companies usually constitute a payment plan so that recruitment will make more profit.
Please become familiar with the following mainstream websites and web magazines, especially before starting work with MLM.
You can find the top site on network marketing at http://www.RichTrack.com.
Typical mistakes to avoid
1. The most important part of the MLM is the educational system of the MLM company, but it is not a "magical plan" or "magical leader" that you help rich and promptly. The most successful companies usually have the most advanced educational programs covering people management, negotiation, sales, leadership, money management, etc. Do not be fooled by "progressive plan" and "world leader". The marketing plan is only a part of the MLM business. A small part.
2. Join the naked pyramid scheme. Please check whether your MLM company is running a pyramid. Avoid plans that include contracts that recruit additional distributors. It may be an illegal pyramid.
3. Easy money. The network distributor knows the vision of products, customers, companies and is ready to do the necessary work. Distributors who have the idea of building a "foundation" are taking much longer time than looking for simple money.
4. Be careful with plans to claim to earn money with the ongoing growth of your "downline" - the responsibility for the selling of new distributors you solicited - not sales of products you made. please.
5. Please do not sign or sign a contract under "opportunity meeting" or other high pressure situation. I insist on taking time to think about the decisions you will participate. Please talk with your spouse, knowledgeable friend, accountant or lawyer.
Do your homework! In particular, if you feel that the claim on product or potential earnings is too truthful, please contact your nearest Better Business Bureau and State Attorney General.
Top MLM Companies
1. Amway Corporation - Global Leader of Multilevel Marketing
2. Dorling Kindersley Opportunity to sell children's books.
3. Body Shop (Body Shop) We offer skincare products including campaign, values, company information.
Golden Neo Life Diamite International A multilevel marketing company that sells nutritional products and water filtration systems.
5.Nu Skin Enterprises corporate site. Direct sales company with three divisions of Big Planet, Nu Skin, Pharmanex.
6. Big Planet An interworking company that provides financial opportunities to the network of vast sales representatives.
7. Herbalife International Corporate Site. Independent distributor offer to sell personal care and nutrition products.
8. Avon Products, Inc. Corporate website. Representative opportunity to sell cosmetics, clothing, toys, perfumes, jewelry, books, videos.
9. Tupperware An official US web site containing information on products that can be sold and parties. Take the opportunity to work at home.
10. We will provide sea silver USA dietary supplement. Contains distributor information.
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