How to Succeed in Multi Level Marketing - Secured Options Scam
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Multi-level marketing (MLM) is a business structure in which a company recruits distributors to sell the company's products directly to the public. Those distributors also recruit others to sell the products. Some of the world's largest companies use MLM, also known as direct sales or network marketing, as part of their marketing strategies.
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This document provides an overview of pyramid schemes and multi-level marketing (MLM). It notes that in a product-based pyramid scheme, 99.88% of participants never make any money due to the mathematical structure. The key differences between an MLM and fraudulent pyramid scheme are recruitment practices, marketed products, pricing, inventory loading, and inventory repurchasing policies. The document then gives a brief history of MLM, noting that Nutrilite Vitamin company created the MLM concept in 1945 and Amway was later formed in 1959 and purchased Nutrilite in 1972.
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How to Succeed in Multi Level Marketing - Secured Options Scam
- 1. How to Succeed in Multi Level Marketing - Secured Options Scam
- 2. Decide what business success means to you
- 3. Create a schedule for multi-level marketing success
- 4. Take advantage of the training that your company provides
- 5. Utilize the professionally designed online and offline
- 6. Attend networking events to meet people
- 7. Showcase your products and business opportunity
- 8. Use social networking websites to promote your business