Ah, yes!… don't we all want it. The Truth.
These days you can't go too long online and not read about MLM. You will find it in just about every work at home article, blog and website. Chances are your next door neighbor has already invited you to a MLM home party.
If you did attend, I bet you learned nothing about it.
So what's the real truth on MLM?
Can it provide you with the financial freedom so many claim?
Are possibilities of creating wealth real?
Yes, MLM can provide you with the leverage you need to begin building wealth and achieving financial freedom. But it will not be easy.
Despite of what you may have read or heard MLM is not a get rich scheme.
What is MLM
MLM is an acronym for Multi Level Marketing. You may also hear people refer to it as network marketing. MLM is used by merchants to distribute products and services to consumers.
Multi Level Marketing companies use independent distributors known as consultants to refer customers to products they provide. If a purchase is made by a consumer the distributor receives credit - a commission.
MLM really gives anyone the ability to create their own business without owning a product of their own. They can build their business by recruiting new consultants into their primary company. This is referred to as building a downline.
Please don't confuse MLM with pyramid schemes.
Pyramid schemes are illegal. Although both models use recruiting and referral marketing, pyramids are set up in such a way that the only ones who benefit are the ones at the top.
The MLM Structure
Every MLM business model is made up of three groups.
" The Distributor
The distributor is YOU the independent consultant. An Upline consists of the people who represent you. They are your sponsors. Your donwline are simply the distributors you directly sponsored or brought into the business yourself.
Could You Make Money Without Building A Downline?
But the real benefit's of MLM is the combination of the efforts between you and your downline. Without the "multi level" MLM would just be a pure direct sales industry.
Tools for Success
Regardless if choose to grow a downline or choose to simply promote the products yourself, to be truly successful in MLM you need the following:
" partnership with a good company
" the right product for the right market
" have an effective marketing plan
" ability / willingness to stay committed to the business
Article Directory: http://www.articletrunk.com
TheTruth on MLM was written by Asael Moncada author of the Multi Level Marketing Guide. Asael s a successful internet marketer who commits his time helping, training and empowering other enterepnuers succeed in the network marketing indusrty
Please Rate this Article
Not yet Rated
Additional Articles From - Home
| Industry Articles
| Mlm Articles