Definition: Network marketing is a business model that relies on a network of distributors to build a business. Usually such businesses are also Multi Level Marketing in nature in that commissions occur at more than one level.
According to Wikipedia, network marketing is a way of doing business in which a sales force earns a commission not only for sales of products and services they personally generate, but also for the sales of others they recruit and bring into the business, which creates a downline of distributors and a hierarchy of multiple leveraged levels of compensation.
Some of the world’s wealthiest men including Donald Trump and Robert Kiyosaki have often described network marketing as a business model of the future. A business concept and opportunity allow ordinary people to exploit the lucrative product distribution chains that have been dominated and controlled for centuries by major distributors, wholesalers and retailers. As you will find in this detailed article, network marketing allows anyone to profit and earn bonuses and commissions by selling and recommending useful products to their friends, family and other people. This article will help you to understand the brief concept of network marketing.
According to Wikipedia, network marketing is a way of doing business in which a sales force earns a commission not only for sales of products and services they personally generate, but also for the sales of others they recruit and bring into the business, which creates a downline of distributors and a hierarchy of multiple leveraged levels of compensation.
Some of the world’s wealthiest men including Donald Trump and Robert Kiyosaki have often described network marketing as a business model of the future. A business concept and opportunity allow ordinary people to exploit the lucrative product distribution chains that have been dominated and controlled for centuries by major distributors, wholesalers and retailers. As you will find in this detailed article, network marketing allows anyone to profit and earn bonuses and commissions by selling and recommending useful products to their friends, family and other people. This article will help you to understand the brief concept of network marketing.
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