Network Marketing
Network marketing, also known as multi-level marketing (MLM), is a business model where individuals promote and sell products or services directly to others, often through personal networks. Participants can earn income not only from their sales but also by recruiting others to join the business. This creates a structure where each participant can earn commissions based on their sales and the sales of those they recruit. While it offers opportunities for entrepreneurship and flexibility, success often depends on personal effort and the ability to build and maintain a network. Transparency and understanding of the business are essential for potential participants.
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Network marketing, also known as multi-level marketing (MLM), is a business model where individuals sell products and recruit others to do the same. Participants earn commissions not only from their own sales but also from the sales made by those they recruit, creating a network of distributors. This structure allows for potential earnings to multiply as more people join the team. While many appreciate the flexibility and entrepreneurial spirit it offers, it’s important to be cautious, as some network marketing companies have faced criticism for being pyramid schemes, where profits primarily come from recruitment rather than product sales.