What are 10 Most Attractive Points about MLM Business?
Multi-level Marketing, or MLM, is a system for selling goods or services through a network of distributors. It is also referred to as Network Marketing or Direct Sales.
How Does a Typical MLM Work?
A typical MLM program starts with recruitment. You are urged to become a
distributer in the form of a contractor/ consultant/ associate, through another distributor of the company’s products and sometimes randomly via an advertised meeting.
Once you become a distributer, you start earning money either by selling MLM’s products or through recruiting other distributers and receiving a portion of the income these distributers generate. And when those distributers recruit distributers of their own, you will earn money on the income they generate too. Some famous MLM organisations: AVON, Amway, Herbalife Nutrition, QNET, Forever Living Products, doTERRA and many more.
10 Most Attractive Points about MLM Business
An Opportunity to Earn Extra.
As humans, we love money. Money is what we live for and money is what helps us live better. So, who doesn’t wish to earn some extra cash when done with you day job? Network marketing makes it possible for you to spend some extra time and earn easy monetary awards!
Minimal Qualifications Required.
MLM comes in the tiny list of jobs wherein holding a technical degree does not hold you in a better position. There are no education qualifications prior experiences required to get started with MLM. It doesn’t matter if you are a student, a 9-5 employee, an unskilled labourer or a fresher. The only thing that matters in an MLM Business is that you have the ability to make sales and communicate with people effectively. You can literally talk and connect your way to higher salaries!
There is no restriction on time, place or people.
this sort of flexibility is rare, making it all the more attractive. You can start
working in the middle of night, in a party/park/social gathering and even in a public washroom; you just have to ensure that you have an audience, who is eligible enough to use the product you are advertising. I, personally, was
introduced to this idea when I went to a public library!
Residual/ Passive Income.
Residual/ Passive Income is an earning that you continue to receive based on your earlier effort. As mentioned above, the second way to earn through MLM is to bring in more distributers. When a new distributer joins, they are in a way under you, so, a part of their income is yours and so will be the person’s who your distributer will introduce MLM to. As a result, if you create a nice pyramid of distributers under you, you can easily retire fast and rich.
Huge Demand for Excellent Products.
MLM companies ae famous for creating revolutionary products which hit the market by storm. The huge demand for these products makes it easier to sell. The products, too are designed in ways to generate repeat business, making it even easier to earn more and fast. No Boss. MLM does not have bosses, only distributers. In a 9-5 job, there is only one successful person and that is the boss. There, the more work you do, the richer the boss gets. In MLM the more work you do, the richer YOU get. So, instead of working and building someone else’s assets, you are building your own.
Live a Rich and Rewarding Life.
one of the best benefits with MLM is the personal development. To become
successful here, you have to help other people become successful, the rewards of which are immense! Another addition is that you create your very own circle of like-minded, successful people, benefits of which I wouldn’t need to tell.
This is a brilliant tool for building wealth. Building your network and watching it grow is of paramount importance. When you and your team start developing a collective mindset, the business begins to build itself and you start enjoying the benefits of Network Marketing.
“Get 5-Star Holidays and Drive a Luxury Car”
The top level MLM companies offer their consultants great incentives for their work, which include 5-star holidays and free luxury cars. So, no more saving up to accomplish your desires!
Recommended by the Rich.
Some of the biggest business people all around the world are either involved or recommend network marketing, including Donald Trump, Richard Branson, Robert Kiyosaki, Stephen Covey and many more. It makes you think- there must be something in store for MLM!
MLM is very important in today’s modern world and most of best businessmen across the world recommend it because of the immense benefits it provides – flexible work hours, quick money, no boss and your own successful network of like-minded people.