Introduction
Multi-Level Marketing (MLM) is a business model involving direct sales and a process of recruiting a team of representatives who further work and help to increase the sale. An individual or a sales representative, recruited by the organization gets decent commissions. If that individual further recruits’ representative, then this subsequent chain is known as the individual’s “downline.” The representative earns a commission on the deals and sales made by the individuals in the downline. Therefore, the basic concept of MLM is- “Longer the chain, higher the revenue”.
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Scope of MLM
The MLM concept of business is promising, as the network business system seems futuristic to the entire world. We tailor and serve the most effective MLM software in Delhi to satisfy your MLM needs. Following are some incredible features, which prove that the Multi-Level Marketing system is better than other business models:
- Independent Business Owners (IBO)
The members are called IBO as they function as they are enhancing and widening their own business.
- Selling Philosophy
This model involves members to promote and increase sales and recruit maximum representatives for higher income.
- Specially designed system Of Hierarchy
An individual ‘A’ has an individual ‘B’ working under him. Then, A will get the commission on the basis of the sales made by ‘B’. Additionally, to generate more revenue, B will attempt to recruit and enroll an individual ‘C’ under him, and so on. This makes the framework full of potential.
- No need for Advertisements and other investment costs
Relying directly on the sales and deals leads to depending less on promoting the business.
- Greater the network, the Higher the return
This is a commission-based business system where members and representatives are paid commissions according to the work done by their respective teams.
- Responsibility/ Accountability
Everybody is responsible only for themselves. Adhere to the sole rule- the more he sells, the more he gains.
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