What Is MLM?What is MLM (multi-level marketing)? Donald Trump, Warren Buffett, and Robert Kiyosaki (author of Rich Dad Poor Dad) don't ask those questions. They all recently endorsed MLM and/or bought/created a network marketing company... more on that later. Point is, these men know what brings financial freedom. Before I show you a great free video to answer your question... first of all, they’re exactly the same thing, but the different names emphasize different aspects of what they are. A network marketing company markets its products through its distributors, who find their customers by networking with people. Distributors also use networking to interest others in becoming new distributors. That's "what is network marketing". A distributor gets paid on commission for the products that she sells... and also for the products that are sold by newer distributors that she has brought into the business... and newer distributors that they have brought into the business... multiple levels of income. That's " what is MLM ". This differs from pure Direct Selling companies, in which the representatives buy products and sell them at a profit, period. An well known example of non-MLM direct selling is Mary Kay products. Just about the best MLM trainer that I know, Tim Sales, has created a great short video that explains " what is MLM ". This movie even excites experienced network marketers, because it includes information that not all network marketers are aware of. As you can see from the video, MLM is a legitimate, exciting, serious, and increasingly popular business model, taught at the university level! For Robert Kiyosaki (author of the long-running best-selling book “Rich Dad, Poor Dad”) and Donald Trump network marketing is prestigious enough that they both recently endorsed network marketing in an article in Success Magazine. Warren Buffet (second-richest American) recently bought a network marketing company. Need I say that he knows how to invest? What better endorsement for network marketing success !? Obviously, successful network marketers are doing a great job of moving many high-quality products through the marketplace to satisfied, repeat-customers! As also explained in the video, network marketing today is many things:
|
