Network Marketing: Is is one of those pyramid schemes?
Network Marketing also known
as Multi-level marketing (MLM)
or Referral Marketingis a
business model that combines franchising with direct
marketing.
Billionaires
Bill Gates,Richard Branson,
Bill Bartmann, Donald Trump and Warren Buffet have all
either distributed products or services using network marketing,
bought into network marketing companies or have created networking
marketing companies to distribute their products since the turn of
the 21st Century. This is because these giants of the business world
recognise how efficient and viral a business model network marketing
is.
See the video
below in which Robert Kiyosaki (12 mins) author of
Rich Dad Poor Dad, explain the values of Rich People and how they
think against the values of poor people and how they think.
Network marketing businesses
function by building a team of Marketers (also called Distributors,
Agents, Independent Affiliates, Independent Associates, Independent
Business Owners, IBOs, Franchise Owners, Sales Consultants, Beauty
Consultants, Consultants, etc.) to sell a product/service and offer
additional sales commissions based on the sales of people recruited
into their downline, an organisation of people that includes direct
recruits, recruits' recruits, etc. This arrangement is similar to
franchise arrangements where royalties are paid from the sales of
individual franchise operations to the franchisor as well as to an
area or region manager, but in some MLM programs, there can be seven
or more levels of people receiving royalties from one person's
sales.
The Pyramid Selling
Myth
Sometimes
people mistakenly confuse network marketing with a pyramid scheme. A
pyramid scheme is a non-sustainable business model that
involves the exchange of money primarily for enrolling other people
into the scheme where there is no product or service being
delivered.
The unethical behaviour of some
network marketing companies has added to the misunderstanding and
scepticism towards network marketing. This is why it is very
important that people do their due diligence in checking out a
network marketing business opportunity.
Some very well known fortune 500
mutli-billion dollar global companies have chosen network marketing
as a way to distribute their goods and services. These include
Virgin, Tiscali, Avon, Anne Summers, Herbalife, Coca Cola,
Motorola and Xerox.
Right
here at this website, we are offering you information about a
business that you can operate from the comfort of your own home
that is truly changing lives.
Fill
out the contact form, and we will provide you with additional
information about the opportunity that is truly shaping many
ordinary people's lives and allowing them the freedom to live
out their dreams without all of the headaches and
costs of traditional business.
