Become a member for FREE and get a -30% discount forever!
WHAT IS MULTI LEVEL MARKETING (MLM)?
Multi Level Marketing differs from the classic way of distributing products, because it introduced the concept of the Smart Consumer or otherwise the Associate to the market.
The “line” of product distribution is much simpler:
1. The Research and Development department creates a new product. The product is approved, and goes into production – either with raw materials purchased by the company, or with raw materials it produces.
2. The Company distributes it directly to the Consumer. The Consumer, in turn, recommends it to his acquaintances and friends in order to promote it. Does the Consumer gain anything? Yes. He earns the money that would have been allocated to the Advertising Agency, National Representatives, Wholesalers and Retailers – amounts that usually represent more than half the value of the product!
Network Marketing vs Pyramid Scheme>>>
Smart? Sure! Widespread? Anything but!
Although there have been network marketing (MLM) companies in the USA for many years, it is only now, with the coronavirus pandemic, that people have started to embrace MLM as an alternative way to distribute products.
In addition, it is only recently that new and comprehensive sales techniques have begun to be offered. And this offers a professional opportunity for those who want to get involved now!
Classic Commerce
• Company
• Advertising
• National Representative
• Wholesaler
• Retailer
• Consumer
Network Marketing
• Company
• YOU
• Consumer
9 Advantages of Network Marketing – You Create YOUR OWN Business This is the No. 1 advantage of Network Marketing by far and that is why we put it first.
The Network you build is yours. Many companies consider it your asset and for this reason:
• They allow you to transfer it
• You do not lose it
• They do not require a minimum production or annual subscription to maintain it (except to be eligible to receive bonuses)
1. You are your own boss. You are an Independent Associate of the company of your choice. This means that there are no schedules, goals, supervisors and bosses. There are no ways of working imposed on you, nor specific partners. You can have your main job as your activities in a Network Marketing company or have another job at the same time. In short, you gain the freedom of an independent professional.
2. You do not have the obligations of an independent professional. An independent professional, among other things, must: have an office for his activities, maintain books for the tax authorities that require accounting, be registered with an insurance company (TEBE) from the beginning, take care of fixed office expenses such as PPC, OTE, etc., take care of advertising and promotional activities and the list goes on. The independent associate of a Network Marketing company, at first, all that is needed is to register with the company! If the income exceeds a certain amount, simple steps are followed to start a profession with the tax authorities, so that the source of the income can be justified.
3. It does not require large amounts of money to start the activity. Usually the amounts required to become an Independent Associate of a Network Marketing Company and to receive the first advertising materials and materials are in the order of a few euros. There are companies that charge registration or companies that ask for a small initial order. The cost in any case is minimal compared to the costs required to start one's own business.
4. There is a large flow of information from the most experienced to the most inexperienced. Most employees have experienced being in a competitive environment, where the older ones treat the younger ones with hostility - with the fear that their possibly better performance will cause them a problem. The structure of Network Marketing, not only discourages, but excludes such behavior. The high returns of the younger members, create the conditions for the financial well-being of the company, and therefore of the older members.
5. There are no entry requirements. In Network Marketing companies there are no participation requirements - education, experience, age or any other condition. They are open to anyone who wants to work to achieve the income they desire.
6. There are opportunities for training. Network Marketing companies organize weekly, monthly and annual training seminars on the products they promote and on effective methods of creating a network and sales.
7. It provides opportunities for contact with many people. Network Marketing gives you the opportunity to meet and come into contact with many people. You can meet new partners, new customers, new people with whom you can work to build your network.
8. The products are usually accompanied by a money-back guarantee and are delivered to your home. Most companies give you the opportunity to return the product that you were not satisfied with within a certain period of time and to be refunded the entire value of the product, without justification. In addition, products are ordered by phone or via the Internet and delivered to your home.
9. The Internet is an important tool for expanding the sales network. Through the Internet, it is possible to find and train people to create their own business.
Network Marketing vs Pyramid Scheme>>>
