If you’re on the lookout for a new way to make money, then you may be interested in Multi-Level Marketing. I’m sure many of you know what marketing is so I won’t get into that, but basically Multi-Level Marketing is a way to make money not only from what you do but also from things that others do. Sounds too good to be true, doesn’t it? It will make much more sense soon enough, trust me. I was confused at first too and almost let the opportunity pass me by.
There are companies such as Amway, Herbal life and ACN (which I have personally worked for) that use this model and it’s growing in popularity more and more each month. Basically there are two ways of making money with MLM:-
- You are selling one or more products for your company, and you are making a percentage off of the sales you make. Some of your sales are reoccurring, (for example, if you sell a cell phone, then each month you’ll get a percentage of your customers’ bills) and others are just a onetime payment.
- The second and real method of making money with MLM is to get people to sign up for the company. This way you build a group of people (called MLM-downline) that works not only for company but also for you as you get a small percentage of sales that they and their downline makes.
The great thing about this method of making people sign up under you is that the more customers you and your downline get; the more money you are going to make. You get paid a percentage off of the sales that your referrals up to 2nd or 3rd level make. This is what really makes this so great and why it works out so well.
In time, I’m sure you can image how much money you’re going to be making. The possibilities are endless. As long as you work your butt off in the beginning then you’re going to make a ton of money in the long run.
Honestly, the beginning is so hard because you’re not really making much that most people give up during the first few months. As long as you can get through that, then I think you’re going to do truly well.
As always, be sure to leave comments about the companies that have or have not worked out for you. We’re always interested in what you guys think.
Best of luck!