Multi level marketing (MLM) is a form of direct selling. Companies market goods and services through networks of people who are called independent distributors. These people either buy products for themselves from the company and then resell them to consumers. They can also refer people to the company and when someone buys, they get a commission.
Another way that these independent distributors make money is by building their own sales organizations by providing their team with some great mlm training material and receiving commissions or bonuses from the sales generated by the independent distributors in their organization.
By helping their independent distributors build their own teams and providing them with the right mlm training material, they can have a large organization of independent distributors bringing them lots of money and helping them get to be financially free. Many MLM organizations are structured that way.
Lets look at some facts about the MLM business.
There are more than 40 million independent distributors around the world.
In the U.S. alone, sales in MLM are in the $30 billion range. Worldwide is about $80 billion.
Each week more than 50,000 people in the U.S. alone sign up to be an independent distributor and more than 350,000 worldwide.
MLM is offered and run in more than 150 countries.
Now, why do many people get involved with MLM?
Here are some important facts that will give you a better picture:
People get a chance to own their own business. It does not require a large investment such as a franchise.
It is an ideal home based business.
It can give you great self esteem about life.
It gives you the chance to get out of the rat race and be your own boss in a matter of a few short months or years.
Building a successful business needs to be combined with an excellent upline support, motivation, great vision, persistence, and a great training material.
Now, I have been with a great company that provides a great mlm training material that can help you and others build a successful team. I can proudly recommend it.
It is called the IAHBE. IAHBE stands for the International Association of Home Business Entrepreneurs. It is an organization and a great mlm training material that champions the home-business lifestyle and provides its members with a multitude of resources designed to achieve maximum mlm home-business success.