|
Network Marketing
View future Network Marketing Training Courses
Network marketing is also widely referred to as multi level marketing. This marketing involves the sale of products or services via a network of people who are selling them on behalf of the product/service provider. The most commonly known type of network marketing is probably the pyramid scheme.
Here an individual or company signs up to promote the products/services of a particular business. They receive commission based payments for each sale that they make. They will then recruit further affiliates who will work as part of their own network. The affiliates are paid a commission on their sales as well but the person who brought them into their network will also receive a cut based on their affiliate sales. The affiliates can go on, in their turn, and recruit their own affiliates on the same commission basis.
This system allows one person to set up levels of people who are selling a product or service. Each level that is set up will earn money from the levels that follow even if they have no contact with them after they have set up their own affiliate range. This type of marketing is still commonly used, especially in Internet sales and marketing.
View future Network Marketing Training Courses
|
