Mention multi level marketing and you’re likely to get a bunch of mixed responses. MLM has had its success stories and its failures and certainly has a mixed reputation as a genuine home business opportunity.
MLM (also known as network marketing) is essentially the process of marketing a product or service to others and getting those customers to become marketers themselves. There are several varieties but the common thread is the continuation of bringing customers into the system as marketers to form a downline from top to bottom. The person introducing the new folk into the system gets a commission on their sales and on the sales of anyone they also introduce into the system. Sometimes this can go on for several levels.
The difficulty comes when these systems go too close to the illegal pyramid schemes. A pyramid scheme is one which generates money on the recruiting of new marketers rather than from commissions on their sales. If you find yourself in a system where you are paid based on your recruitment figures or encouraged to buy more product than you are likely to sell you may well be in a pyramid scheme.
There are several genuine MLM programs you can work safely with, just do a little research on them before joining. Be careful of those programs that get you to attend motivational meetings, they can be intense brain washing type experiences not unlike those cult religions you hear about and designed of course to get you all revved up about the system.
multi-level marketing can really give you lots of profits if done right*.: