Concept of Network Marketing

 

Concept of Network Marketing

Network Marketing, also known as Multi-Level Marketing (MLM), is a business model where sales representatives earn money through direct sales of products and by recruiting new members into their network. The earnings come from:

1. Direct Sales: Representatives sell products directly to consumers and earn a profit margin.
2. Recruitment: Representatives recruit new members into their network and earn a commission on the sales made by their recruits, as well as their recruits' recruits, creating multiple levels of income.