So are you interested in home business? You can try doing multilevel marketing (MLM) business. In this post, you can discover how MLM works and what Federal Trade Commission (FTC) comments on MLM. In multilevel marketing business, a chain of independent distributors is formed. It is intended to deliver the services or products to the end buyer without spending any extra money on the middleman.
If you would like to enroll yourself to any MLM company, you must look for a low start up fee at the first place. Remember not to choose something very costly, however, without any verified reputation. When you pay for the start up, it is the duty of the MLM system that it provides you all the necessary training that you need to succeed as an MLM marketer.
A good and reputable MLM company takes the responsibility of most of the advertising costs and requirements. In addition, you will get a decent service or high quality products to sell off. In this system, you can recruit your own distributor and receive the commission based on total sales by the distributors you have already recruited.
Comment Made by Federal Trade Commission (FTC)
In the United States, FTC recommends the prospective MLM marketers to conduct sufficient research prior joining in any MLM company. FTC strongly discourages the idea of 'pyramiding'. This is absolutely illegal. In the 'pyramiding' system, the user only needs to pay for the distributor recruitment. But they do not receive commission based on total sales generation.
You can check the website of FTC to obtain complete overview and training in relation to MLM companies and how to join them. Moreover, it offers a list of 8 checkpoints that you should verify before you join in any particular MLM company.
If you would like to enroll yourself to any MLM company, you must look for a low start up fee at the first place. Remember not to choose something very costly, however, without any verified reputation. When you pay for the start up, it is the duty of the MLM system that it provides you all the necessary training that you need to succeed as an MLM marketer.
A good and reputable MLM company takes the responsibility of most of the advertising costs and requirements. In addition, you will get a decent service or high quality products to sell off. In this system, you can recruit your own distributor and receive the commission based on total sales by the distributors you have already recruited.
Comment Made by Federal Trade Commission (FTC)
In the United States, FTC recommends the prospective MLM marketers to conduct sufficient research prior joining in any MLM company. FTC strongly discourages the idea of 'pyramiding'. This is absolutely illegal. In the 'pyramiding' system, the user only needs to pay for the distributor recruitment. But they do not receive commission based on total sales generation.
You can check the website of FTC to obtain complete overview and training in relation to MLM companies and how to join them. Moreover, it offers a list of 8 checkpoints that you should verify before you join in any particular MLM company.
3 comments:
MLM Network Marketing is a great way for ordinary people to start a business with very little financial investment.
However one of the keys to success lies in choosing a strong company. The last thing you want is to build a huge organisation of thousands, only to see the company going bankrupt!
Willy Lim
The Financially Free Advisor
InterNETwork Marketing in Asia
Thank you for comment Willy. Yes, it is true that one should check few factors like long-established reputation, organizational strength, working ethics and few others before he joins them. Thanks for stopping by. :)
Thank you Jake and many thanks for sharing information. Love to have you here. Thanks for stopping by. :)
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