Network Marketing, also called MLM (multi-level marketing) can be very profitable. Many companies operate in this way, for example Amway, Kleeneze and the Body Shop.
The main requirement for this business is to be good at selling. Don’t despair if you’re a shy wallflower as selling is a skill that can be learned, and in most network marketing companies you should be provided with plenty of training materials and help.
When you join a network marketing company there are two ways of earning money. Firstly, by selling the company’s products to the customer, you would then receive a percentage of the products you sell. Secondly you can also recruit other sales agents, while continuing to sell the products yourself. You would then receive commission for every sale your agents make also.
Although this is a profitable way to earn money, don’t be fooled by claims that it is easy to earn money with little effort.
It can be possible to get into a position whereby you build a large network of sellers, who provide you with an income with their efforts, but you have to put in the work and it doesn’t happen overnight.
If you...