Wealth-Coaching

Smart Marketing advice on Multi-Level Marketing (MLM) is offered by the colorfully named website, Free Tips and Wits.

But first, here is a definition of MLM from the free Internet online encyclopedia Wikipedia:

Multi-level marketing businesses function by recruiting salespeople (also called Distributors, Independent Business Owners, IBOs, Franchise Owners, Sales Consultants, Beauty Consultants, Consultants, etc.) to sell a product and offer additional sales commissions based on the sales of people recruited into their downline, an organization 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.

Now, here are some thoughts about Multi-Level Marketing from Free Tips and Wits:

“You can make money with this program by earning commissions from sales of MLM products and from the monthly sales and membership fees of the people under you down to nth level of your network. People under you are those recruited by yourself and by your team members.

“Your level and commission rates get higher when you achieve the required no. of people under you at a certain level. To be successful, the MLM business must have useful and quality products or services that will give you points when you buy for your own consumption. Beware of those MLMs that only recruit people without any useful product or services, mostly they fraud or scam.

“To start making money with MLM, say for example the SFI Home Business Program, buy some of SFI products around $30, which you and your family can use in your daily life. SFI offers quality and useful products for wellness & weight loss, natural cleaning, personal care, magazines, business tools, business books, telecom, pet care, music, shirsts & other personal accessories, coffee & tea and many more including Avon products. To cut cost, simply replace your existing household brands with SFI brands. By doing this, you can easily earn the required Sales Volume Points (SVP) and become an Executive Affiliate (EA).

(Wikipedia; Free Tips and Wits)