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Network Marketing Reviewed

Filed Under (Make Money, Network Marketing, Passive Income, Recurring Income, Residual Income, Royalty Income, business, home based, own business, part-time, surplus Income) by kksiong on 03-10-2008

The field of Network Marketing or Multi-level Marketing (MLM) has also been instrumental over the past 60 years or so to make the recurring income concept very popular and attractive.

 

It is a system of distribution of products and services through a network of people called distributors or downline, bypassing a series of middlemen such as Wholesaler, Sole Agent etc. It is an efficient method of distributing products and services to end consumers.

 

Products and services move directly from the manufacturer to the distributor and finally to the consumer. Thus, it is also known as direct selling.  Because of various practices that have affected the industry, the word “direct selling” is usually perceives to be very negative.

 

Some people even think that direct selling is done by going from door to door, persuading housewives to buy their ware, kind of marketing.

 

These network marketers are independent business owner who does not work for the Manufacturer who is providing the goods. Instead, they act as a business partner to market its products.

 

Network Marketing is one of the most feasible businesses today where you can generate residual income from your effort put in. It is an industry that is experiencing explosive growth in many countries.

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