E-commerce dropshipping webshop | Trading or investing in NFTs | Influencer Social Media marketing | Investing in stocks and crypto | Metaverse eand Play to earn gaming | Network or multilevel marketing MLM | Referral / Affiliate marketing | Staking crypto currencies | Trading stocks, forex and crypto
Network Marketing or MLM
What is Network Marketing or Multilevel Marketing (MLM) anyway?
Multi-level marketing, also known as network marketing, is a way of generating revenue by selling products to consumers and recruiting new sellers. In this business model, sellers are independent entrepreneurs and not employed by the MLM company. It is based on building personal relationships between seller and customer, which means that the seller is not only trying to sell products, but also trying to create a bond with the consumer. This can be done, for example, by offering personal advice or complementary services. The goal of MLM is to build a network of sellers active in selling products and recruiting new sellers, leading to an ever-growing revenue stream for the seller.