What is MLM? What is Direct Sales? Multi
Level Marketing is Exciting, and Misunderstood.
MLM or Multi Level
Marketing is a system of doing business that involves
Networks of People who use and recommend products, and
then sponsor and train others to do the same.
Once you understand it, you'll see why Robert
Kiyosaki calls it "The Perfect Business!" And, it really is.
It's an equitable form of developing a business and teaching
others how to do the exact same thing.
What is Network Marketing? What is MLM? What is Direct
Sales? How about Party Plan?
Great question; and one that many have a hard time
explaining. They all differ slightly.
First, Direct Sales encompasses all three of the others.
Every Network Marketing, MLM and Party Plan company is involved
in Direct Sales. They are all part of the industry or Direct
Sales.
Direct Sales - M.L.M. - Network
Marketing
Let's define these -
Direct Sales
Network Marketing/M.L.M.
Party Plan
They are often used interchangeably and do
have some distinct differences.
Direct Sales encompasses both Network
Marketing and Party Plan.
So, basically all companies of these types
are Direct Sales companies.
Network Marketing has been more thought of
(in recent times) in terms of build a team,
and use your auto ship for personal
consumption. Most network marketing
companies have a wholesale cost on their
products that FAR exceeds what the public
is willing to pay, so there is no
"retail-ability."
Thus, the personal consumption model. And,
because many of these companies pay large
bonuses in their comp plans, $150-400
monthly auto-ships are not uncommon.
This is something you must know and be
careful of.
Then, there is Party Plan.
These types of companies typically have larger
($400 plus) personal volume requirements and
quotas for monthly parties, etc. You often
"earn your kit" by having a certain number of
parties FIRST, before you are considered a
distributor.
So, educate and research before
you make a decision. There are several "hybrid
type" programs out there now offering products
where one can retail and earn immediate income'
with large personal volume quotas; and with
deeper, network marketing type pay plans.
After 9 years in the
profession, I found this to be something that
offers a great for many people and aligned with
this model myself.
Did you know that in just a few hours a week, you can create
a major second income that continues to increase over time? In
fact, with persistence and commitment, this income could soon
replace your current full time income. It could even create a
lifestyle of the rich and famous.
That is MLM; Direct Sales.
What if it worked for you like it has worked for so many
others, including me?
When was the last time you recommended a good book,
restaurant or movie to a friend? How often do you do that?
Probably pretty often, right?
But, when was the last time the publisher, restaurant or
movie producer sent you a "royalty" check for the referral?
Probably, never.
Well, despite the way things usually are, the idea behind
what is now the fastest growing home based business trend in
America and around the world, Network Marketing, is that if you
get paid for recommending things you like, use and believe in,
you'll do this more and more! And, you'll probably find some
others that want to do the same thing.