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It's common for business aspirants like you to not understand what is Network Marketing. Luckily, we are here to get you well versed with the Network Marketing definition. In simple words, Network Marketing uses a network of people to sell a product directly. It is also known as multi-level marketing because the sellers can either sell/distribute the goods directly or hire individuals to do the selling. This hired individuals can also do the same, hence creating another tier or a hierarchy.
If you are looking to start up a Network Marketing business for yourself then you must know how it works. Well, as said earlier, a company offers a series or a single product for distribution and selling. Now, you can either directly sell it on your own or you can recruit others to sell that product for you. That recruited personnel can also hire other people to sell that product for them, and so on. And, finally, you get paid when you make a sale or the person hired by you makes a sale.
Now that you have the basic knowledge, it’s time for you to devise an efficient Network Marketing plan. For this, you’d have to find a desirable Network Marketing company which allows the multi-level marketing of their products. One of the most prominent names in the field of Network Marketing business is Amway. Other than that, you can try Tupperware, Herbalife, etc.
Feel free to shoot your comments & opinions and let us know what is network marketing according to you. You can also drop-in some cool tips and tricks for healthy network marketing.