The Basics of Network Marketing

Network marketing is a business model that relies on a network of distributors to grow a business.
When googled is defined in Wikipedia as Mulit-Level Marketing.  The basic definition is: Multi-level marketing (MLM) is a marketing strategy in which the sales force is compensated not only for sales they personally generate, but also for the sales of others they recruit, creating a downline of distributors and a hierarchy of multiple levels of compensation. Other terms for MLM include network marketing, direct selling,and referral marketing.

Eight benefits of network marketing are:

1. High demand for quality products.
2. The income potential.
3. No employees to hire.
4. Small amount of risk.
5. No inventory.
6. Low operating costs.
7. Freedom.
8. Residual income.

Click Here for a list of the Top 10 Ways to Choose A Great Networking Opportunity.

Always remember, success and failure are a part of any business.