Basic Understanding of E-Commerce
Simply put, E Commerce is ‘Using Electronic Platform for Business Transactions’. It is also called a ‘Virtual Market Place’. Every minute millions of people from all over the world are logging into the Internet looking for some information, for product, services, to look for news, download music, for online shopping and so on. Every individual […]
Overfished Ocean Strategy: How to Drive Growth and Attain Profitability
To say that we are facing a resource crunch seems obvious to anyone who is remotely tuned into the present day global economy. However, instead of beating one’s hearts and lamenting the looming resource crunch does not solve any of our problems. Instead, the solution lies in innovating, moving beyond vertical integration and into non-linear […]
International Retailing – Meaning and Important Concepts
International trade and commerce has existed for centuries and played a very important part in the World History. However International Retailing has been in existence and has gained ground in the past two to three decades. The economic boom in several countries, coupled with globalization have given way to Organisations looking at setting up retailing […]
Key to Brand Leadership and Growth
For a long time, the marketing theories and principles of marketing experts like Phillip Kotler and others were the bible for Management and Marketing Managers. However in the last two decades, every business rule, marketing theory and guiding Organizational principles have had to be re-written, new rules for marketing have had to be defined and […]
Orientation of Customers
Orientation of customer means how the customer’s preferences are possessed or in what areas of business the customers are conscious. A customer can be cost oriented, value oriented or technology oriented as discussed below: Cost Oriented Customers- A cost-oriented customer focuses on least costs products and is ready to compromise on efficacy, performance and quality. […]
Whether in an office environment, Corporate setup, at home, amidst friends, clubs or wherever you go, it is quite likely that you will discover the existence of a Network that is engaged in Multi Level Marketing. You are likely to receive calls from friends forgotten long ago who will re awaken the relationship and try to bring you into their network. House wives, students, professionals, bankers, teachers as well as retired persons included are engaged in this unique business called Pyramid Selling or Multi Level Marketing.
For those who do not know the concept, seeing a phenomenon of networking and selling through the network might be puzzling as well as interesting. The marketers are only too eager to sit down and explain the concept and the working methodology to you and urge you to join the network. Whether you are a busy professional or a student aspiring to build a career, joining and doing business with MLM network works for you. There are several reasons why people from all walks of life choose to join the MLM networks.
What makes this concept most inviting and attractive is the fact that anybody can join and benefit from the scheme irrespective of your age, qualification or experience. You will find people with no business background or financial backing having made their millions with MLM network business. These millionaires have not had any education or financial backup that helped them reach heights. Sheer hard work and focus that they have invested into MLM network has yielded such fruits.
You can be of any age (not minors of course) to join MLM network and start earning. This factor has made it possible for students to join and make money to support themselves and their studies. It has given a second lease of life to pensioners and retired persons who have found an engaging and paying second career in their sunset years. Lot of people who are handicapped and with disabilities too have found MLM an easier method to become self sufficient and self reliant.
The MLM method of business gives a common man a chance to dream and make it big as a millionaire. There are no limitations to how much you can earn. The more you perform, the more you get to earn. The real life cases of people who made their millions with MLM sales show that your goals are achievable.
When an MLM Distributor tells you that you can get into this business without any investment and start earning almost immediately, you are not likely to believe. But this is true that in MLM business, you do not need to invest in holding any inventories, no retain space, showroom or office is required to be setup. You do not need to leave your job or sacrifice your career. The potential to earn is unlimited and enormous.
Most often people back away from starting their own business as they do lack the appetite to risk. MLM networks offer opportunities that are virtually risk free and do not call for any financial investment or risk. In most of the business models you are not even required to hold inventories or products and if you do, the Company would be willing to buy back your stocks in case you are unable to sell. Other than investing into the starter kit which would be of negligible amount, you can build a risk free successful business on your imagination and hard work.
No wonder with virtually no entry barriers and ample opportunities for people to earn decent incomes, MLM attracts people from all over the world and from all walks of life.
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Finding and Keeping Customers in Multi Level Marketing (MLM)
February 12, 2025
