What is MLM – What does MLM mean?
What is MLM – Multi Level Marketing? Basically it is a way to distribute a product or service.
When you have a look at the concept of MLM you will understand that it is simple and fair. On the one end is the producer of a product or service and on the other end the distributor or affiliate who will bring this to the consumer. With other words:
a product / service -------- goes directly to ----------à the consumer.
Normally once in a month the producer will pay his distributor or affiliate a percentage of the retail price on his monthly sales.
Of course, this does not mean ‘multi level’ – but what does MLM mean?
So far you have seen the basic concept – a product/service goes directly through a distributor to the consumer.
This process covers 3 fields in a very honest and fair way:
Read the answer on "Internet Marketing for Online Business"
Comments (2)
Jasika Marshel
7
Project Manager
Nice information Rieke.
Malok Mading
8
Writer and Blogger.
Great information. Thanks for sharing this. Hope newbies these secrets!