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Archive for August 15th, 2008

2008
15
August

GeneWize: Redeeming MLM

by Matt Willis

You may have heard the acronym “MLM.” It stands for “Multi-Level Marketing,” a manner of marketing and sales that allows the affiliate to earn from both direct sales. It also creates an avenue for residual income via commissions.

If you have heard of the bad stories of MLM, you may have grown wary of it, what with the many scams that tarnished the connotation what is actually a great system. Yet despite this setback, so many MLM-based companies that are still standing. Since MLM gives the investors and sales partners a great motivation to persevere because of its income structure, many MLM-based companies survived the scams. But it isn’t just this fact that MLM helps the middlemen and the grassroots members of the organization earn. The MLM companies that survived over the years are those who actually offer EXCELLENT products.



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