Transcribed
So How Does MLM Work?
Company A John 24 1. John pays Company A some money- In return, he will be allowed to sell Company A's products 2. John then hires 3 people to sell Company A's prodicts as well. For each successful sale made by these people, John takes a cut in the form of commission $4 3. In order to earn more money for themselves, the 3 people that John hired each hire 3 more people. %24
So How Does MLM Work?
shared by rmmojado on Dec 28
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MLM comes in several guises. At different times, it has been called Network Marketing or Direct Selling, though they all mean the same thing (for the purposes of this post, I’ll be referring to this...
phenomenon as MLM).
MLM schemes work by charging promoters an upfront “membership fee” in exchange for the license to sell the company’s products, which will have to be purchased at additional cost. In turn, these promoters (also known as Associates, MLMers, Partners or Investors) are rewarded for recruiting more promoters to the company.
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