Tell me about MLM ?
Answer:
MLM is just making fool with your own funds
not mlm but if your looking to make some extra money
Try this! only 1 dollar!
http://www.1dollarfortune.com
for only 1 dollar its worth the try!
MLM is Multi-Level Marketing. type of a pyramid where you sign up under someone and branch out but the person on top gets richer and richer..very hard to make it to the top.you're pretty much left on your own to figure out how to make the business work for you, no training or very little training involved. where as in Network Marketing, it's like McDonalds *(using the example Rich Dad Poor Dad book gave), Man decides to make hamburgers and fries and sell them in a small resturant. He tells a few friends and they open up the same store (franchise), they tell a few friends and they open up a store and so on.. that's called network marketing because you're duplicating the business..you're doing what's been found to work for that business. There's training , online or over the phone or both. sheesh, you might want to look at http://www.bedavis1.mywayout.net/. .it's networking, it's easy, lots of training and the most wonderful people you'll ever meet.
But in anything you choose, find what works for you, do research, check with the BBB (better business bureau).
Good luck!
pradeep,
Allow me to answer this question for you. First take a peak at what wikipedia offers as it's a pretty good example:
"The term network marketing (NM) is used in two ways. In popular usage it is a synonym for multi-level marketing and often mistakenly considered the same as a pyramid scheme.
The concept of "network marketing" is often used to describe a marketing paradigm that stresses the interconnectedness of market actors and transactions and can be viewed as the application of systems thinking to marketing. According to network marketing theory other marketing paradigms see the discipline as consisting primarily of dyadic relationships (ie., one buyer and one seller). Network marketing wishes to overcome this limitation by looking at transactions and relationships from the viewpoint of all those involved.
This perspective originated in industrial marketing, also called b-2-b marketing, where multiple contact points are typical. It is not uncommon, for example, to have several decision makers in a company's "buying centre". Likewise, the marketer can be organized into a "selling team". With multiple actors on each side of the transaction, a complex network is created. This paradigm is further complicated by corollary actors like information gatekeepers, influencers, advertisers, and intermediaries. This network can expand over time as more people get involved.
The network marketing approach sees marketing as a system of social networks where the relations between each of the links must be understood, including potential feedback loops, while at the same time, the system must be comprehended as a whole."
Now, here's what I'll tell you. Many people are going to tell you that Multi-Level Marketing is a pyramid scheme and ultimately they're quite wrong. Harvard business teaches multi-tier marketing as they call it and it's a phenomenal to earn great residual income if you're cut out for it.
I think the best Multi-Level Marketing businesses use Zig Ziglar's philsophy in that, 'We can get whatever we want in life, if we help other people get what they want as well."
If you sign up someone you're getting some money (EVERY MONTH) as long as that person is signed up, but now they also have the opportunity to make that money. So what keeps it from being a pyramid scam? The fact that there is a service or a product that you're offering the people signing up, and therein lies the benefits of a good MLM company.
Look for one that is going to give you all the tools and training you need to succeed for yourself, because eventually if you get people signed up, who get people signed up, etc and on down the line you can just walk to your computer in your pajamas and make phenomenal income. Getting there isn't easy, but some have done it and if you join a program that will give you the tools you can too.
If you're interested in a good network marketing company I'd take a look at Bring Your Buddy. You won't get rich over night, but you can get rich gradually and the company gives you all the tools to succeed and most importantly HELP OTHERS succeed. With such a small investment ($10), you have virtually nothing to lose and virtually everything to gain.
What do you get with Bring Your Buddy?
The latest benefit is your own Cpanel Mini-Website so you can not only use it to promote with, but learn how to administer a web host before you spend money for your own.
Our team supplies a template to make it easy to get your first site up and running fast.
You get 15 professional grade autoresponders that are worth $39 to $69 a month if you get them somewhere else, but they are included as part of our package.
You get an ad tracker to keep tabs on what's working with anything you promote and do a little BYB bar ad underneath as a bonus.
You get an audio postcard system to email audio messages or include them on your website.
The biggest benefit is you get to showcase your talent and interest in others to build any other opportunity you want to support. This is huge and the tools are in your back office to carry it off. You can't buy an ezine ad that works that well for 10 bucks!
My team leaders runs a team Ebay Store to showcase your bonus choices, a Podcast to help you build credibility, a Team Forum to keep up to date, a Team Toolbar to stay in touch easier and the list goes on and on because it just keeps on growing.
Finally with my sponsor,you get a technically experienced leader that will continue finding ways to keep our team on the leading edge.
I don't want to advertise - I really don't. I just want to help people and I know that this program does just that wheras Coastal probably leaves you to fend for yourself. I say probably because I've read a lot about Coastal, even listened in on a few phone conversations, and politely declined. I want people that will help me the first day, and ANY DAY I need help with my own program.
Take a look around at:
http://streak.bybweb.com
If it's something you're interested in give me a call or shoot me an e-mail and I'd love to discuss it further with you. Best wishes.
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