Street Smart Wealth, MLM Online Business Success

 

  

What is MLM? What is Direct Sales? Multi Level Marketing is Exciting, and Misunderstood.


 Network MarketingMLM 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.

That's it in a nutshell.

Take about 20 minutes and watch a movie that explains thoroughly what Network Marketing - Brilliant Compensation  >>>>>

Then, we can move on to Understanding MLM more fully.