Multilevel Marketing

Basic Idea

Multilevel marketing (MLM), also known as "Network" marketing, are a way of selling goods or services through self-employed independent distributors. As a networker (independent distributor) you receive commissions - for both your sales of the company's goods or services and those of other people you recruit to join the distributors. Multilevel marketing plans usually pay commissions through two or more levels of recruits, known as the distributor's "downline."

Downline is the distributors recruited by you, and you receive commissions on their sales and the sales of the distributors they recruit.

Upline is the distributors who are above you in the MLM hierarchy and who receive commissions (overrides) from your sales.

To be avoided are MLM plans that are actually pyramid schemes (so called "naked pyramid scheme") in disguise - that is, plans that focus only recruiting more and more distributors, but have no substantive product at the bottom of the pyramid. New participants pay a fee to participate and hope to profit by recruiting others into the system. Chain letters are an example.

State laws against pyramiding say that an MLM plan should only pay commissions for retail sales of goods or services, not for recruiting new distributors. However, MLM companies typically structure their payment plan so that recruiting is more profitable.

Before you start working in particular MLM, get familiar with the following mainstream websites and web magazines.

You can find top Sites about Network Marketing at www.RichTrack.com.

Typical mistakes to avoid

1. The most important part of MLM is the education system of MLM company, but not "magic plan" nor "magic leader" who will help you to get rich quick. The most successful companies usually have the most advanced educational programs which cover people management, negotiations, sales, leadership, money management, and many more. Do not get cheated by "progressive plans" and "world leaders". Marketing plan is just the part of MLM business. The small part.

2. Taking part in naked pyramid scheme. Check if your MLM Company runs a pyramid. Avoid any plan that includes commissions for recruiting additional distributors. It may be an illegal pyramid.

3. Easy Money. Network distributors who are successful know their products, their customers, the company's vision, and are ready to do that which is necessary "hard work". A distributor whose mind-set is on laying a "foundation" rather than looking for easy money will be around a lot longer.

4. Be cautious of plans that claim you will make money through continued growth of your "downline" -- the commissions on sales made by new distributors you recruit -- rather than through sales of products you make yourself.

5. Don't pay or sign any contracts in an "opportunity meeting" or any other high-pressure situation. Insist on taking your time to think over a decision to join. Talk it over with your spouse, a knowledgeable friend, an accountant or lawyer.

6. Do your homework! Check with your local Better Business Bureau and state Attorney General about any plan you're considering -- especially when the claims about the product or your potential earnings seem too good to be true.

Top MLM Companies

1. Amway Corporation - A Global Leader in Multilevel Marketing

2. Dorling Kindersley Opportunity selling children's books.

3. The Body Shop Offers skin and hair care products with information covering campaigns, values and company.

4. Golden Neo-Life Diamite International A multi-level marketing company selling nutritional products and water filtration systems.

5. Nu Skin Enterprises Corporate site. Direct selling company with three divisions, Big Planet, Nu Skin and Pharmanex.

6. Big Planet An internetworking company offering a financial opportunity to a vast network of sales representatives.

7. Herbalife International Corporate site. Independent distributor offer selling personal care and nutritional products.

8. Avon Products, Inc. Corporate site. Representative opportunity selling cosmetics, clothing, toys, perfume, jewelry, books, and videos.

9. Tupperware Official U.S. web site with products available for sale, and information on parties. Work at home career opportunities.

10. Seasilver USA Offering nutritional supplements. Includes distributor information.

Written by Helen Peshkova, RichTrack.com.

http://www.RichTrack.com is one of the first business oriented education portals. It's the leading online business information network for millionaires. The goal of RichTrack.com is to present business content in a professional, helpful and practical format that helps you getting rich.

---

3 Simple Tips Of Getting Referrals Without Any Fuss!

The first thing any business organization owes itself is self-perpetuation.... Read More

Network Marketing Training - The MLM Success Secrets to a BLAZING One on One Presentation

The One on One MLM Presentation is key to Success... Read More

The Secret to Why Network Marketing will ALWAYS work!

Some people believe that network marketing really doesn't work. To... Read More

The Launch of the Next Wave in Affiliate Programs, Network Marketing, MLM, Direct Sales and Internet

For years, industry experts have been predicting that video was... Read More

Network Marketing Is Fun And Profitable

Network Marketing, also called MLM or Multi-Level Marketing, can be... Read More

What is a Lead Worth?

Lately, I have been happily attracting leads for my Internet... Read More

The Big Dream Paradox

I want to share my experiences so hopefully it will... Read More

Do You Really Want To Try Network Marketing?

Make no mistake it takes a unique skill set to... Read More

Hey, I Have A Prospect! What Should I Do Now?

If you are in multi level marketing system, you have... Read More

Network Marketing Advertising Draws Interested Leads

Network marketing advertising is necessary to attract quality leads to... Read More

Internet Marketing Idea: Use Internet Marketing to Sell Network Marketing or MLM

Experienced Internet Marketers and beginners alike have one thing is... Read More

Finding The Right Business For You: Keep Good Company

If you're thinking about getting involved in network marketing, choosing... Read More

Downline Swaps and Guaranteed Downline

If you have ever had a hard time getting a... Read More

Network Marketing Stories Sell: How to Tell Your Story Everyday to an Endless Number of Prospects

Network Marketing success is easy when we tell our stories.... Read More

Let Them See It To Sell It

You know that problem of having a fantastic offer that... Read More

The Risks and Benefits of Free MLM Leads

One of the main goals of a multi-level marketing (MLM)... Read More

Work At Home Mlm Network Tool

The workathome mlm network tool can be used to generate... Read More

Network Marketing Offers ? Which One Should You Pick?

Network Marketing is awesome! It's a powerful 75-billion-dollar-a-year industry, practiced... Read More

The Dirt On MLM

When I told a friend of mine about my information... Read More

Secrets Of Network Marketing Success

Network marketing and the internet were made for each other.The... Read More

Developing Relationships at a Networking Event

Have you ever gone to a networking event and talked... Read More

What is the Secret About a Multilevel Marketing Business?

Maybe it is the stigma attached to it, that all... Read More

Why Register a Domain when Promoting an Internet Home Business

Many internet home business owners are lost when they first... Read More

Buy MLM Leads With A Bit Of Caution

You can buy MLM leads from a variety of sources... Read More

How One College Student Quit School to Reach Financial Independence? No It Not Texas Hold-em!

College is a great place where many people relax between... Read More

Home Based Network Marketing

Working at home in network marketingHome based network marketing has... Read More

How To Succeed In Network Marketing (Part 2)

So, you've found a company that you truly believe in.... Read More

MLM Money Making Opportunities

There are still real money making opportunities mlm style available... Read More

MLM Training- The MLM Leadership Secret of PersonaLeadership by Doug Firebaugh

The MLM Leadership Secret.Let me ask you a question:What do... Read More

MLM Recruiting- MLM Online Recruiting 101 for Network Marketing

Recruiting on the Internet in MLM is very popular! Yet,... Read More

Relationships Are The Key To A Network Marketing Business

While it is true that heavily branded websites like amazon.com... Read More

Network Marketing Tips: Celebrate Your Failures - Every Failure Is A Step Closer To Success

Dear friend, have you been trying and failing in every... Read More

Networking Tips for Moms at Home

Plenty of moms today stay at home. After a year... Read More