Curious about Internet marketing or network marketing, not sure, what it is, or how it works? Is it a modern day version of a pyramid scheme that is now on the Internet? No, it is not a pyramid scheme it is a network of individuals who sell products.
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Curious about Internet marketing or network marketing, not sure, what it is, or how it works? Is it a modern day version of a pyramid scheme that is now on the Internet? No, it is not a pyramid scheme it is a network of individuals who sell products. You probably have been one of those consumers. The way that network marketing functions is that certain individuals have an extensive knowledge of the products that are going too sold. This is not the same as going into a store and asking a sales person for information on a product, they then look at you as if you came from another planet, and they have no idea how to answer your question. Those with this information train others to be as knowledgeable as they are and then they do train others and so on. While the training takes place, each representative will sell the products via word of mouth and everyone profits financially.
Multi-level marketing (MLM) differs because they are a large company that will train individuals to sell a product and then these new representatives will train another when they have learned about the products and each works at various levels of compensation. In multi-level marketing (MLM) the companies financial growth does not depend on the amount of products sold their profit comes from the amount of individuals that are part of their company selling the products although they do require that the products are only sold through multi-level marketing (MLM) business.
In order to rise to the top of company in the economy of today you usually have to work for them your entire life and that is not done as much as it was done 50 years ago. Most employees are always looking for the better off and will not hesitate to leave the firm they are with if they are offered a better financial package. This is one of the draws of network marketing that they can make a residual income for the rest of their lives and work it as either fulltime or part-time. You can work a current job and do network marketing on the side until you are ready to do network marketing full time. What most people like about this form of income is that there are no barriers to the amount of money you can make or any form of discrimination or the thought of not having enough qualifications. The risk is low, the financial requirement to start is low, and you do not have to restock items. Your primary investment is a good work ethic and a willingness to meet new people and let them know how their lives can change for the better.