What is Multi Level Marketing?
This is a sales structure with more than three layers of commission payment. Multi-level marketing on the Internet is theoretically the most effective sales method. Multi-level Internet marketing itself has also received increasing attention from countries. It is one of the compulsory courses of Harvard Business School MBA-Harvard MBA in the world.
Multilevel marketing
- Chinese name
- Multilevel marketing
- Foreign name
- Multi level marketing
- Mode
- Marketing with multiple levels of marketing
- This is a sales structure with more than three layers of commission payment. Multi-level marketing on the Internet is theoretically the most effective sales method. Multi-level Internet marketing itself has also received increasing attention from countries. It is one of the compulsory courses of Harvard Business School MBA-Harvard MBA in the world.
- The concept of "multi-level marketing" originated in the United States, the English name is Multi-level Marketing, or MLM for short
- Research by the Stanford Research Institute and the Wall Street Times shows that 50% to 65% of products will be able to be completed through multi-level online marketing in the mid-1990s. It has become a multi-billion dollar industry. Of the 500,000 millionaires in the United States, 20% or 100,000 people have been generated through multi-level internet marketing in recent years. Every day 45 people become millionaires in this way. An important reason why the U.S. economy has continued to strengthen since the 1990s is also the Internet
- (1) Unlike traditional marketing, the role of consumption and investment has changed in MLM: each marketer is also a consumer. While acquiring the right to consume, it also obtained the right to sell.
- (2) M LM is not a simple pyramid structure: the reason is that the development capabilities of each salesperson are not the same. Enter early but have no promoters and become "pure consumers". MLM broke the monopoly, which is an inevitable trend in market competition.
- (3) The marketing profits are fully shared with the marketing staff. Encourage entry first. Encouraging continuous efforts, MLM has done it.
- (4) Encourage training to go offline, which is not available in traditional marketing methods. This mechanism rewards down-marketers trained in the marketing process.
- Training has become a part of marketing, fully motivating the marketing abilities of marketers, encouraging the mutual assistance relationship between marketers, and making marketing no longer a "single fight".
- US Global Domains International.inc [Global Domain Networking Corporation] referred to as GDI,
- Is an exclusive monopoly company of .WS domain name, it is through the MLM method,
- In just less than nine months in November 2000, American GDI sales exceeded 100,000 .WS URLs.
- In 2008, the world-renowned news group Fox Business reported that .WS domain names control the Korean domain name market
- GDI reports domain name MLM, more and more people are using .WS domain names
- There are also .ws domain direct sales agents in China:
- 'Help people achieve their goals and create a better future
- You can have everything you want in life
- If you will just help enough other people get what they want
- In this life, if you can help other people and get what they want, you will get anything you want!
- Here is the problem of understanding the concept. Commodities can only generate profits in the process of circulation, and these profits must be distributed at multiple levels. This is the problem of commissions and bonus systems. Countries are now cracking down on "MLM". Because the illegality of "MLM" lies in the use of multi-level marketing models to make huge profits for individuals, where the value and price of products deviate significantly, and layer-by-layer price increases are used to damage consumer interests. Some even have no product fraud. We have all studied philosophy and know the dialectical relationship between form and content. Form is external, content is internal and essential, and the two cannot be confused.
- What we are doing now is e-commerce, which is realized through the form of multi-level marketing on the Internet. As with any business activity, there must be a cornerstone of products and customers, otherwise nothing will be achieved.
- The charm of multi-level marketing on the Internet is that your team is getting bigger and bigger through hard work. This team is your asset. As long as you organize your team, you will definitely benefit a lot!