This ensures an excellent product and a properly constructed marketing plan. Without these two things, it can be difficult. An additional advantage is when a company offers consumable products, such as perfumes, household chemicals, or dietary supplements. Such products will run out after a relatively short period, and the customer will buy them again (provided the product meets their expectations).
In summary: a product should have three characteristics that guarantee the market won't dry out. The right product should be consumable (e.g., household chemicals, perfumes), it should be widely accepted by society (we clean at home, so we need products that make it easier), and it should be priced appropriately for the market.
And what happens when we sell vacuum cleaners, for example? They might recommend it to their family, but to sell the product, we'll constantly have to find new customers.
And here we come to the difference between direct list to data selling and multi-level marketing. However, that's a topic for a separate post.
MLM, Multi-Level Marketing, Multi-Level Marketing, Network Marketing
There are many names for it, but it all boils down to one thing: Multi-Level Marketing.
MLM is one way of doing business. Among other things, it involves shortening the path between the manufacturer and the end user (customer) as much as possible. For advertising, it uses distributors andThe network they create. This system provides for a share in the company's profits, directly proportional to the turnover achieved (for both the distributor and the group). An interesting element of Multi-Level Marketing is the payment of commissions even after ceasing active activity (so-called passive income).
The purpose of this blog is to explain how various MLMs work. Can you actually earn money with Multi-Level Marketing, and if so, how much? I won't describe dry theory here. I will base everything on my own experience, which I gained thanks to a signed distribution agreement with FM Group Poland.