LESSONS LEARNT - MY EXPERIENCE IN MULTI LEVEL MARKETING
Multi - level marketing is a strategy that some direct sales companies use to encourage their existing distributors to recruit new distributors by paying a percentage of their sales; the recruits are known as a distributor's "downline" or independent business owners (IBO) Over the years, having signed as an independent business owner with a few MLM companies I have gained some valuable experience and basic knowledge of the business to share on my blog. Multi - level marketing provides an additional source of income. Success of the business is dependent on the input, effort or value being added. Based on my experience here are a number of pointers: Success of the business depends on people (distributor, referrals, prospects, customers). People provide income by purchasing products, give feedback on the product or service and referrals for prospective customers. Attracting people to your business is most important. H ow To Attract The Righ...