Tuesday, April 10, 2012

What is Network Marketing, Home Based Business Opportunity | The ...

www.BestHomeBusinessOnline.info Migdalia & Arsteo What is Network Marketing, Home Based Business Opportunity? Network marketing is a business model that is based on a company distributing products and services through a network of independent contractors. Network marketing is also popularly known as multi-level marketing (MLM), affiliate marketing, and tiered marketing. http To understand how network marketing works, it may be helpful to think of a business model that most consumers are familiar with, franchising. In a franchise, an owner pays a company for the right to do business using that company's products, services, and name. The parent company agrees to provide the owner with training, development, advertising and marketing support. While the name on the outside of the building is that of the parent company, the actual location is privately owned by an independent business owner. www.BestHomeBusinessOnline.info While networking marketing is not actually a franchising model of business, it does work in a similar fashion. In fact some large MLM companies refer to its business plan informally as "private franchising". In network marketing, a company distributes its products and services through independent business owners (IBO) who in turn market these products and services to customers of their own. http The key factor that has made network marketing so attractive is that independent business owners not only have the ability to sell products and services to retail ...
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