What Is The MLM (Network Marketing)?
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tybalt
Apprentice
Joined: 31 Mar 2004
Posts: 21
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 Posted: 09/20/07 - 04:55 Post subject: |
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| Hi there, my name is Dorothy and I am a freshman here at the New York University. I am not so much into business and economics but I am interested to know more about MLM Network Marketing. I have tried to find more about it on the Internet but still the concept remained wage to me. Thank you all in advance. |
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klemens
Apprentice
Joined: 24 Feb 2005
Posts: 16
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| Posted: 10/05/07 - 02:51 Post subject: |
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| I totally understand you Dorothy. It is often a case when the economy term such as this one is explained only by experts. It seems like they do not have an ability to explain the term and put it in a plain words. As I understand MLM stands for multi-level marketing. It is such a form of business in which regular marketing is merged with franchising. This means that if you want to advertise a product that you are producing you have to employ various experts and professionals to do that for you such as: small business owners, distributors, sales managers, a range of consultants, etc. The bright example of such marketing is a pyramid scheme sale. You have probably come across it in case you were buying certain products through catalogue sale. Usually, women beauty products are being sold this way. |
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