MLM is the
acronym for multi level marketing. It’s a way to deliver products by utilizing
the power of people. These products and services are usually not sold through
regular stores, but from individual homes of the sellers.
Those who
get involved with this type of marketing can typically make a lot of money
based on two factors. The first being their ability to work hard, and the
second being their ability to stay connected, nurture and motivate their
downline or distributors.
It is hard
for anyone in this social media modern age not to have heard of multi level
marketing, they are everywhere in our economy taking advantage and
opportunities caused by the high rate of unemployment. If you belong to the set
of people who like to attend FREE business seminars, or empowerment programmes
with lots of goodies such as travelling for vacations outside the country, or
you belong to the group who likes the food herbal/supplement or drugs, there is
no hiding the fact that MLM marketers would have craved your indulgence one way
or the other.
The way
income is earned is like this example: Emeka joins a company offering people a
great product. He gets involved with them, starts earning
commissions and
begins to enjoy a better financial outlook for his life.
His neighbor
Jonathan sees how well Emeka is doing and he wants in on the action, too. Emeka
takes Jonathan under his umbrella of mentorship, teaching him how to be
successful selling the product. Because of Emeka’s tutelage, Jonathan also begins
to earn money. A certain percentage of what he sells is then given to Emeka in
the form of a commission.
Jonathan
then shares his story of making money with his family and friends. Three of
them sign up. Now Jonathan is making commission based on what they sell.
Meanwhile, Emeka is still making commission on what Jonathan sells but now,
he’s also earning on what Jonathan’s downline(family & friends) sells.
So each tier
or level will grow - depending on the amount of distributors who also desire to
sell the product. The more levels you have working below you, the more money
you’ll earn.
In MLM, the
income level has the potential to reach great heights - but only if it’s
properly worked. Those who sit around and do nothing to promote the product or
the opportunity usually don’t fare well.
There’s no
lazy way to success in any business and this one is no different. How much
money you can earn through this type of selling structure will also depend on
how the company has set up their commission scale - plus the percentage of
commission made from your downline.
Since the
rate of potential commission can vary from opportunity to opportunity, you’ll
want to check out the company and the success of others who are already
promoting the products to make sure it’s the right MLM Company for you. Any
company that promises you’ll get rich overnight or that you’ll get rich without
having to lift a finger is a company you should avoid getting involved with.
Find below
some MLM companies in Nigeria
1. Kedi
Healthcare
2. Alliance
in Motion
3. GNLD
4.
Tiens/Tianshi
5. Agel
6.
Organogold
7. Sunrider
8. Tahitian
Noni
9. 4Life
10. Forever
Living Products
11. Trevo
12. Tasly
13. AIM
Global
14. Jeunesse
Should you
need a complete guide and materials on how to start your MLM business and how
to Develop Your Own MLM Recruiting System, please feel free to contact me for detail..
Olanite Lekan
08034201291
ideasandprospects@gmail.com
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